New sports bettor here.

Search

New member
Joined
Feb 25, 2010
Messages
31
Tokens
OK, I was just reading through a few things on how much I should bet, so on and so forth and I just wanted to make sure I got it straight because I have been betting around $20 per bet.

I only started with a bankroll of $200. And if everything is done in units and I just want to be an average better, I should bet 3 units, which comes out to $6 per bet. Is that correct?

Of course, I have been down recently because I am trying to increase my bankroll as much as possible. But of course I don't want to lose it all. I just want to be a casual bettor that makes the games more interesting.

Let me know what you think.
 

New member
Joined
Jun 2, 2006
Messages
29,253
Tokens
An average bet should be about 2 1/2 percent of your bankroll.
If you are starting out with 200 dollars, five dollars a wager should be fine. (between 4 and six dollars)

You should rate your games from 1 unit to 5 units
* = units
You should never bet more than 5 percent of your bank on any one game.

If you absolutly love a game, bet it 5* or 5 percent of your bank, in this case 10 dollars, if you like the game, 2 to 3 * should be the bet, or about 4 dollars or so (with a $200 working capitol)

If a game is on TV, and you want a little action, and you kinda think a team will win, .5 or no more than 1* shoulde be risked, 1 dollar would be the play.

Books like DSI or 5Dimes have a 1 dollar min.

BoL
 

New member
Joined
Feb 25, 2010
Messages
31
Tokens
So basically if your bankroll goes down, you will be betting less and if your bankroll goes up, then you will be betting more. Correct?
 

New member
Joined
Jun 2, 2006
Messages
29,253
Tokens
Correct.
If you get hot, and that 200 is now 300, your average bet should be about 6 to 7 dollars now, if you run into a dry spell, and your bank is down to 150, your average bet should be about 3 dollars.

It's all about how you manage your money, it's just that simple.
 

New member
Joined
Feb 25, 2010
Messages
31
Tokens
Well then I hope I win my bets that I made today before I read about all this. Have Cle -2.5 and College of Charleston +9 at $22 each. We'll see how that goes.

Thanks again and I am sure you will be hearing from me again.
 

New member
Joined
Dec 31, 2009
Messages
1,049
Tokens
i hope you didnt parlay cleve with charleston :/

charleston covered(good choice) :)
 

New member
Joined
Feb 25, 2010
Messages
31
Tokens
Phew, won both. I was a little scared the first 3 quarters of the Cleveland game.
 

New member
Joined
Jun 2, 2006
Messages
29,253
Tokens
Now manage those winnings son.
If you are in this for the long haul, and average bet from here on out should be 2 to 3 percent of your bankroll.
 

New member
Joined
Dec 31, 2009
Messages
1,049
Tokens
Good I thought u took cleveland st who lost
 

New member
Joined
Feb 25, 2010
Messages
31
Tokens
Now manage those winnings son.
If you are in this for the long haul, and average bet from here on out should be 2 to 3 percent of your bankroll.

OK, one last question. When you say 2 to 3 percent of my bankroll, do you mean each bet? Or total per day? I have not been making more than a couple bets per day anyway.
 

New member
Joined
Jun 2, 2006
Messages
29,253
Tokens
2 to 3 percent per bet, not day.
 

New member
Joined
Feb 25, 2010
Messages
31
Tokens
It would keep growing if I had stayed away from O/U bets. For some reason I just cannot win those. Especially when I see them on TV. That Mavs game from Friday night killed me.
 

Forum statistics

Threads
1,121,114
Messages
13,591,263
Members
101,060
Latest member
booker11
The RX is the sports betting industry's leading information portal for bonuses, picks, and sportsbook reviews. Find the best deals offered by a sportsbook in your state and browse our free picks section.FacebookTwitterInstagramContact Usforum@therx.com