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I have a friend who is new to sports betting and he asks -
If his bankroll is $100 and he has been told not to use more than 5% of his bankroll per bet, what strategy should he use on this type of bankroll? His question is should he place $5 each on 20 different bets? Or is there a better approach that can be suggested?

Who told him not to use more than 5%? Is it his money or not? IMO betting 5% or less is viable only if he's playing repetitive games with high bonuses like slots, or maybe poker where he bets the minimum to see what hand he gets and then decides if he wants to continue. With sports betting and many other things betting 5% doesn't make much sense. You could bet 10% or more.
I don't think that anyone will tell you a strategy if we don't know what game he's playing and what's his experience. I never set limits like that for myself. If I feel good about the game I'll go much higher.

It depends on how confident he is in the bets that he will place.If he intends to play single bets and use that 5% balance then that 5 dollar bet is a good approach although I would suggest making it five 20 dollar bets if he is extremely confident in the bets he will place.I would also suggest that he can try that 5% daily bankroll and use it as a good strategy to try some good parlays,I mean he can try to double or triple his money through these parlays,important is that he does not rush in placing bets,rushing and choosing on pressure is a sure factor to guarantee you a lost bet and trust me I have been years many years long playing sport betting.

I would be looking at some of the favorites in the NBA and looking at betting some moneylines.

Not sure which sport or sports you were planning on advising him to bet, but NBA playoffs would be my advice.

I see $20 to be too much for me, using just $5 to bet out of $100 is good for me. I prefer the parlay that you talked about. I even sometimes like it riskier in a way I can go for 3 matches and all are fist half win. I do this just to get a bigger old for small amount of money. Some people will prefer to go for little odd with high armount of money, this is a silly mistake from some gamblers.

If it's for sports betting, say soccer

Maybe it's a good strategy with a $5 bet where he can do a parlay which is more likely to win even though it's said to be difficult, I know with 20x bets /$5 he can do more bets than upgraded.

I prefer small percentages for sports betting despite having a sizable bankroll, because judging by the number of matches.

Well 5 usd is what I always use to bet on any casino game, not on sports betting, just in the casino and it is enough for me to have a casino day, of course and I play dice, crash, roulette or simply to the slot machines. . something more special because sometimes I tend to put a little more but the difference is that there in slots I don't look to win, but rather play Therapeutically, but I only use that balance to have fun, because 5 usd is a lot. , but it is enough to have a good time, however those 5 can sometimes give you 7 or 8 usd, which is not bad, so I recommend that you do that, that you play 1 or 2 times a week betting that and if you win 2 or 3 powders then leave them there and the next day play with the winnings and try to increase them, but little by little if possible, but you have to have a lot of willpower not to bet or bet anything. more than that.

$5 is fine, but you should be selective with your bets, don't use that bankroll to bet all the games in just one day. It's always a question on how much he wants to win, because if he is expecting that his $100 will win $100 in a single day, then that's when the problem will start as you know frustration will come easy. our target should be realistic and it is always based on the amount of bankroll, so like I mentioned, if he wants to earn $100, then maybe make a decent bankroll like $1000. Lastly, focus on the long term result rather than the short term, as with better long term result that will proved that you are a profitable sports bettor.

The point about gambling is to bet as you feel is reasonable for you. 5% is to say you have to have a guide and budget to what bankroll you want to stake out not necessarily that it must be 5%, it may be higher or lower depending on your risk but it is always better staking gradually as a newbie so that you can understand the game more and grow with it. However, people risk more than that.

Another thing is, it takes a very good emotion to maintain a limit of bankroll because most gamblers lose it when they start to record loses then they lose control of their target budget and gamble irrational just because they want to try and recover their loses which at most times never happens.


This is just not necessary. To cluster your bet is prone to mistake. Some times in football betting, you may bet same game with same option in different slip of your bet and when that game didn't succeed, that means all the slip where that game appear will fail. So it is better to bet gradually and not 20 bet slip at same time.


A better approach to gambling is that one that has worked for you and if there are known yet then bet as you can bear the lose.

Betting is for sport while gambling is for casinos. I spend more hours and play more games in casinos, that makes me reduce my money for each game to be $0.5 in casinos. I may not play more than 3 games in bookies and I can bet just $5 each, unlike 20 to 30 times that I can gamble in casinos. The amount I will still spend will be the same in both casinos and bookies. I enjoy casinos than bookies.

First identify what sport he really liked to bet, focusing on one sport is better as he can concentrate with the sport he really know. I pressume that ones a gambler do sports betting, he already have an idea about the sport he is betting. IMO, bankroll management is very import, $5 may seemed small but it will have to start with a small amount, see if he can manage the bankroll effectively, and if he is successful with that, then he can think of gradually increasing the bankroll but the percentage per bet should still be the same.

The key here is you don't loss control with good bankroll management and that will help you to go on with a long term journey.

Right now, NBA could be one of the sports that you could advise your friend to bet, why? NBA is on a playoff run, very much exciting as teams are giving everything they got per game as this is as series, best of 7 wins.

But I wouldn't go that approach to bet 20 different bets though, that's a lot. I will carefully choose 1 or 2 with my $100 bet.

Not sure though who advises him not to use more than 5%. But if I have that kind of bankroll, I will all bet it.

I'd take like 3 or 4 bets a night.  Bet around 2-3 % of bankroll on all the games except one.  Then I'd take my best pick of the night and take 10% of the bankroll and lay it down on the one game.  Either way as his bankroll grows or shrinks he always needs to adjust his strategy as he sees fit.  Also I'd have an exit plan, so he is taking profit every once in awhile, otherwise it will all get withered away at some point.

I suggest him to place smaller bets at first, instead of placing $5 bets he should place $1-$2 bets on the games that he's fully aware off. Once he gets good win rate then he should continue increasing the bet size to $5-$10 per bet.

With such a strategy that guy can improve his betting skills and at the same time he can understand that which sports events are going to be his best picks when it comes to winning.

I use the strategy of a separate bankroll for each championship I participate in, but I don't define exactly how much I'm going to bet on each bet
There are bets that I'm more confident about and I put more money on, and others that are riskier I put a smaller amount on

But the idea is very good, to separate this bankroll into 20 bets so that it has a good continuity, even more so if your friend is new to betting
It would be quite frustrating for him to split it into a few bets and lose everything quickly, so with 20 bets he can learn and feel what it's like to bet, identify how he'll react to losing bets, and where he can hit more often

It is a suggestion from the people who advocate responsible gambling.  Some even suggest to not gamble more than 1% of their monthly wages.  But of course, it is on the part of the gambler whether he will follow those suggestion or guidelines or indulge himself and make a betting spree without any restriction.


@OP stated that his friend is into sports betting but was being restricted by the suggestion of using only 5% of his bankroll per session.  Well I think his friend can follow that if his aim is just to experience sports betting and enjoy it while it lasts but if he aims to get more profit from his gambling venture, he can engage in parlay bets to increase the potential winnings but obviously it also increases the risk of losing.  So your friend should be on watch of the matches so that he can cancel the remaining bet if he feels that he will be losing them.

You can't tell that this bankroll is only for 20 bets, unless you want it all risk in just a single day. The bankroll is usually for long term, so most likely that will last especially if you are profitable. Wagering 5% from your bankroll bankroll may seemed agressive, but since the amount is only $100, that's fine. Professional sports bettors do have a good bankroll, and they don't just divide it to the number of bets because they choose quality over quantity, and a realistic bankroll gives us a better feel not to be greedy since seeing it grow is already a fulfillment.

Thats the worst idea i have ever heard. Using 5% of $100 is quite small for me and i won't recommend it for someone. He should use his bankroll to do something else other than gambling. The reason is because the result or winnings $5 would give for a single bet is not worth it. The gambler will be forced to add so many games or take high risk so that he that the return will be quite meaningful. And that is not a good way to play bet. I think it is good to reduce risk by playing small odds based on better chances to win by using about 10% or 20% of our bankroll. That is the only way i can play with $100.

I think putting smaller bets on more games also means smaller wins (if any).  As swogerino already suggested, maybe pick 5 games or so he really likes and go $20 each.  More risk but more money if they hit.  There are tons of resources online about sports betting strategies and tips for new bettors.  You guys could read some together and talk about what makes sense for him and  it's good to have a plan and figure what works rather than just randomly betting.

Well, if he is to bet on sports games like football, he can still reduce the amount to $2 per bet, which gives him the chance to stake on more than 40 games. I normally stake $1 per game or even less, but if I see a potential game that I feel convinced enough to stake a huge amount, that's only when I can stake above $5; otherwise,  I prefer to just manage my bankroll until I have satisfied my urge to play. Perhaps I don't even deposit more than $20, and I tried as much as I could to manage that amount for the number of games I would be playing. 

I agree with you. I don't think the $5 bet on 20 games is a good betting strategy. It may just be the worst strategy anyone can ever conceive. I think that a better strategy that will make the OP stand a better chance of winning is to make two $50 straight bets, one at a time. That way every game has 50-50 odds. It will either be one or the other.  With this strategy, he either loses $50 or win $50 in a game. His potential losses will jus be $50 while he maintains the other 50% probability of winning $50.

A bankroll of $100 is not too big nor two small to use 5% each time on gambling but the decision belongs to the user. In some cases 5% of a $100 bankroll is very suitable on a game with higher odds because of the tendency of one of the games affecting bet but whereas on a very low odds I consider it too small to generate a good profit. Every gambler is obliged to make his own decisions according to his own detriment, if he now decides to use more than the 5% and faces loses, he is to face the loss alone, as a gambler every dollars worth and should not be easily lost. Gambling/Betting is always about risk taking, even a single bet can as well cut.

Your friend should gamble on casino games, because you can bet with $5 on different games and have fun playing it. He does not need to use 5% on 20 games in one day, he can bet with 5% different days, whenever he wants to gamble.

It is when we are gambling with the aim of making profit that we feel 5% is too small based on the profit it will generate, if you win. If you are gambling for fun, you will want to enjoy the fun to the fullest, by placing small bets to enjoy more games, which is where casino games come in. You can also bet on sportbet, depending on the games your friend likes.

The only way he could do that is when he decides to go with parlay selection and although it's not certain but I believe most gamblers are too keen with playing multiple selection. But if am the one playing with the 100$ I would probably do the same thing because since the whole context of the game is dependent on luck I would prefer going as low as I can and just enjoying my prediction and hoping that luck do he rest.

Everyone has a different preference as to how and what odd they'd wager at a particular period (depending on the game type, season etc..). Mind you, this is just another strategy - just like the ones you'd prefer. For me, if it's on virtual games, I'll prefer bigger stakes with about 2-4 games.

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I think I'll be more comfortable to accept some sort of restrictions like this also - ^{even way less} for some reasons. The concept of wagering with bigger stakes aren't for no regular gambler; "to lose a dollar, you gotta learn how to be more free with losing a cent"
"spin to win" to be more precise.

It depends to him on how confident he is to the team that he choose, I mean $5 is enough to use per bet and the best strategy that he should do is not to used up all of his bankroll in just 1 day, He should know his betting limits too so that he's still have money left in his bankroll by the other days coming and In that way,  he has already practiced safe and responsible gambling method to prevent him being a gambling addict.

If that's a good and safe start for him then yes. He can bet $5 for 20 different bets and it's up to him if he's going to bet that all at once or he'd take time on it like on a daily basis until his $100 runs out or until he meets 20 bets and then calculate how much the gains and losses with that period of time. And making the most of $100 varies for his set of choice in sports so, he should bet only to the games that he's aware of.
That's going to give him a lot of idea on how he's going to spend that for every bet that he's wanna do. Don't bet like others that even they don't know the teams and the sport itself, they're betting on it. YOLO as they say but don't do that if you're a newbie or if you persist and you want to do that as well. You can do it on your own but you have to make sure that you can avail those losses or else you'll get out of sports betting too early and don't want to gamble once again.

With $100 bankroll I will place a single bet on sports with $20, if it win place another single bet with $20 + profits from the previous bet.
And if it win again, do another yolo bet with $20+ previous profits, for example with the odds 2x:
$20 bet - win = $40
$40 bet - win = $80
$80 bet - win = $160 => stop, and start from the beginning with $20 bet
If it lose on any stage, always back to $20 bet.

I suggest not to place a $5 bet on 20 different bets, it will be hard to win anything with that way.

I provided my opinion based on what I think I would do and out of experience. Your comment I believe is also out of your own experiences and you are not wrong either. The OP cannot accept and apply every suggestion so he must take the one that most closely aligns with the principle of responsible betting and his personal risk tolerance.

It is best to place bet on a betting line that he feels he has a very good chance of winning. In that way, he can increase his bet, let's say, from 5 bucks to 10 bucks. Placing 20 bets simultaneously is fine, if you are very familiar with the sports and you have a very good feeling that you have a lot of information to go this route of betting. However, such route is very tedious and time consuming.

Also, you can bet not continuously but only when you feel you have good chance on the sports you are betting with. You can vary from 5,10, 15 or 20 bucks per bet, depending on how you feel about the game. 

While it looks a good strategy but you may have trouble with some of your bets along your way. It's doable and possible but it's not going to be as easy as it may seem to be.

But as you've said that if you ever lose, you shall go bak to $20 and if OPs friend can afford to lose $20 per bet then he can copy this strategy of yours.

Advice such as not to use a large percentage of your bankroll per vet makes sense if as a bankroll you count the total bankroll you have set aside for each month. So if you earn 1000$ a month and your expenses are 600$ then maybe you can save 450$ and play with the rest. But that's a highly subjective thing. If you earn more then the percentage could easily be smaller because you don't realistically need to bet huge amounts to have the same level of fun.


But to think that you can make the most of any amount is not a very good mindset. The more you set to win, the slimmer the chances. So it's better to just play for fun and only with what you can afford to lose.

I also think the same way: any gambler who wants to use others advice to determine how much they should wager on a particular game doesn't really know what they are doing and needs to work on their gambling practice. The bankroll 5% to be used on each wager should be based on the amount involved. That's how I gamble; I can't have a 10-$40 bankroll and still obey the law of wagering with a 10-$40 bankroll. How much will that be and what return should I expect from such  a game?

If that is the case he can play different bet with 1$ each for 5 times to get a total of $5 and he must not play continuously for the day if he lose or win them what happened is that he must set restriction for himself otherwise he might end up using all the 100$ to gamble and waste them all for just a day or two, but with this strategy he can only spent $5 per day but sometimes it's very tempting to have about $100 and expect to keep limiting oneself to just 5$ rather you would burst out to gamble when you feels like that game is much trusted and you are sure for your predictions. I takes discipline to control oneself on a particular betting strategy.

Well, if his bankroll is $100 and he's been advised to use just %5 for gambling on Sports betting which he is  new to, then it's not a bad idea, I believe that setting limits is not a bad idea and is one of the ways of avoiding reckless spendings in gambling. I also think that the higher one's income is should be the higher the amount he uses to gamble and vise versa and since your friend is using just 5% I think it's a good idea cause from your statement I don't think he has a good knowledge of Sports betting and betting with such little amount for a start is not a bad idea, afterall experts have advised that gambler should only bet with what they can afford to lose. Also I don't advice him to bet $5 on 20 different bet, such strategy might take long before he makes profit but if he could divide the 20 bets into 4 different places and bet and bet $5 for the four slips with 4 bets then there is chances of him winning 1 or 2 out of the 4.

The percentages depend on what games is he playing. If it's on casino games, 5% may even be an awful lot, but if it's sports betting then that may be small especially if the odds favor him so much.

I will advice the guy to be dynamic on the amount he puts in on his bet though, and take a 'feel' on the betting situation before deciding how much he wants to really bet on the game that he's playing.

Yes 20 different bets he has time to learn before his legs hit the ground and then he must win or stop his attempts at gambling.  It might take longer then that for some people to find their feet and start betting and getting some wins on a game they like.   Its not really the amount bet, its the risk in the gamble and your result that tells you did I judge and play this right going forward.  Ideally always play for the win not the money by itself as that can mislead some.

I always think the open sports bets are possibly the most human of all betting, you know the sport you watched and played your whole life so this is your game.  The skill then is matching the odds available and recognizing does value exist here even while I retain some doubts is it worth a gamble on this risk, that is the skill part.

If the friend of the OP is looking to become profitable with sport bets, it makes sense for him to limit the amount of money he uses on each bet as a way to protect himself from losing it all, which is a strategy we see being used all the time by traders and which can be used while gambling as well.

However such a fixed bet does not seem as the best use of his money, as the bet size should be decided by taking into account the odds taken, so if an outcome is very unlikely to happen, we need to reduce our bet size, and if the outcome is very likely then it makes sense to increase it.

Your friend may be new to sports betting but I assume he isn't new to the sports he is planning to bet on. I assume he is familiar with the game, the league, the teams, players, statistics, and so on and so forth. Otherwise, he doesn't have any business betting on them.

In which case, your friend doesn't have to strictly stick to that 5% advice. If he knows what he's betting on, he surely knows the level of risk per bet. Depending on this, your friend may place bigger or smaller bets.

And then there's also the factor of the betting odds. If your friend bets on huge favorites with very low odds like 1.15, it might be better to raise the bet to make a significant win. In the same manner that if the odds are very high like 15.00, your friend could risk a smaller amount. Or if your friend makes a multi-leg parlay, he could also place a smaller bet to control the risk.

In gambling no matter which strategy you follow, what’s the bet amount you use to bet, if your luck is not good, then no one can help you from getting into losses. Gambling is considered as game of luck, rather than game of skill, hence the only factor that is important here is luck. Your friend needs to be lucky in order to win here. If you seriously ask me for any suggestion, I would suggest your friend to try sports betting rather than casino gambling. Here the chances of winning is more.

5% of your bankroll used to bet is really just that a very conservative kind of allocation when it comes to betting but betting on 20 different bets but dont know it overall then it wouldnt really be that
giving out that kind of advantage. The good thing on here is that you wouldnt really be busting all the amount or bankroll you do have in one bet on which means that you would really be still have that
chance for recovery if other bets would really be losing then you could really be having that kind of opportunity. Whereas you cant really be able to do such thing when you do make out that all in bet in one game.
Actually $100 is really that my monthly budget for sports betting on which i dont really tend to go past beyond with that budget because my salary is really just that small.

The key on here is that you do really know on what are the sports that you are really that dealing with so that you would really be having that higher chance on making up some profits.

Every day there will always be sports matches from various types of sports available and almost all of them are owned by every gambling site for service options for customers who want to bet.
Of the many betting options, if bet on many different matches, your chances of winning might be increased because it is impossible if don't win at all in 20 bets.
But all of that won't be comparable, just imagine sports betting only gives low odd and for example in 20 bets the average odd is @2.00 or @3.00 and if in 20 bets only get one or two wins then will still feel the loss.
So in my opinion it is better to use multi betting strategy or only bet on two or three matches that can be clearly understood and predicted very well in those matches.
This will save money and minimize excessive losses and if are in doubt about completing the bet but what we are betting on has won then it is better to cash out.

It depends if he is a conservative type of gambler or a high-risk type. There are those who would put $10 per bet in sports betting because they trust their instincts and they analyze the game as deeply as they can.
Some gamblers would just like to put some spice in the entertainment factor of the game so they would put a bit of money on the line by betting maybe in the range of $5-8  per bet.
At the end of the day, it's on him what he should do with his own money. What is his aim? Other gamblers would also like to just target the wagered amount for better receivable bonuses and try to take advantage of it.
Sports betting is not a game of 24/7 so some gambler would try to maximize their bets especially if it's a weekly event like MMA and Boxing.

The bankroll is used to avoid the risk of bankruptcy in the face of bad streaks, which is usually achieved with a good mentality and downgrading when the money in the bankroll reaches a limit. As mentioned, there are more aggressive or less aggressive strategies, and, in particular, as I do not usually play sports betting I can not give specific advice but the only one is to downgrade, if you can, when you reach half bankroll. That is, if you start with $100 and are going to make $5 bets, if you lose a total of $50, leaving you with a bankroll of another $50, you have to reduce the size of the bet to $2.5, if you can. You should always lower the bet size when your bankroll reaches half, unless you are already at the lowest level.

But you can also increase the bet size when you reach double bankroll, that is until you reach a level where you are comfortable that it is worth your while to make withdrawals. Then you don't go any higher - you can set a 200x bet as your bankroll and withdraw anything over that.

By whom? who\ told Him, not to bet 5% of his bankroll?

because I believe that 5% is enough to run a bankroll or he can make even higher because depending in his time availability .

I'm enough for 10 dollars per bet  because i believe that luck will come even in short period of gambling time .

Not a bad strategy as you may not win big from this amount but at the same time you may not exhaust your balance and may continue betting for a long time. One thing i would advise here, not to rush and place those 20 bets at the same time and then see what happens. Better only bet on sports which you like and know of it.

To keep things more under your control, always keep 50% of the money spare with you and wait for the betting results before placing more bets. Also i think if you know the sports, there is no way you will ever lose your capital if you follow this strategy. Keep in mind to examine the odds while placing the bet and do not choose bets offering too low odds as they aren't worth even if you win those bets.

If he set apart of his money $100 for gambling, it mean there's no need to have 5% rule.

I would rather looking for the matches that I want to bet instead of forcing myself to make 20 bets and I don't familiar with the league/teams. Example this week there are so many exciting matches: Bayern Munich vs Real Madrid, Dortmund vs PSG, Roma vs Leverkusen, Tottenham vs Chelsea, Liverpool vs Tottenham.

There are five matches that worth to bet for me.

Does it matter that much? I mean he's new to gambling but I don't think he's new to sports itself. He probably has a basic idea about the teams, matches, statistics, and whatnot that most people who watch tourneys regularly would, so I reckon he can bet more than 5% if he wants to on matches that he's confident in.

In the first place, I reckon such tips are much more preferred on betting on casinos instead of sports bets no? At least personally I haven't heard of such a thing.

Sports betting is a broad game, your friend might want to first focus on the game that he like or he is good at. We all have a good prediction of every game even if we don't bet, pick that one.
Now about the money that he will input, this is not a question that can be answered by anyone because it will all depend on him. How much can he afford to lose? And when he does will he regret for the rest of his life or he can move on the next day and try again? These questions must first be answered so that we won't be in a position where we are too stressed out about making a mistake. $100 is a lot of money, I won't bet it all just for one or two games.

A gambler's risk is reduced if a small amount of money is kept from a particular bankroll when betting. However, the same strategy will not work in all cases. In my opinion if 5 percent of the $100 bankroll is to set per bet then the money should be placed on those bets where the betting odds are higher. That is, with 5 dollars, you can get multiple returns if you put money in such a bet, if you win, it is possible to get a good amount of money. Although all those bets are risky, the same happens when it comes to sports betting. If I place 15 bets I can expect to win at least 5 bets. However, before betting, you must review various issues. Gambling is risky and winning is uncertain so bets should be placed with the intention of losing. Again, a gambler must take risks in order to win gambling.

I think that depending on what country you're from, the answer will vary, take for example here in my country, that $100 is already a huge amount of money and I don't think that 5% per bet is going to be the number that we would recommend, even at 1% that's too much here. I say that if you can do it at the smallest amount possible per bet then do it there, that way you will be able to maximize your money because you've stretched it to the thinnest which made your gambling experience even more fun and long lasting. I don't know about you but even if I lose and the games that I'm in are long and fun, I won't mind losing those $100.

I wouldn't say it's a huge amount. If the average salary in the Philippines is $300 a month, as I just saw (https://es.indeed.com/orientacion-laboral/remuneracion-salarios/salario-medio-filipinas#:~:text=Seg%C3%BAn%20el%20an%C3%A1lisis%20de%20Datos,Espa%C3%B1a%20es%20de%202474%20%24%20mensuales.), $100 bankroll could be like $1,000 for a European, and a $1 bet could be like a $10 bet for a European with an average salary. And if you make tiny bets, your profits will be tiny too, so I think it's better to have a balance.

I find the problem of finding specific advice for this is just to play it selectively, like you have cake and ask how to eat it. Anyway, it's still important to pay attention, whether it's OP or someone else who accepts spending money for friends, they need to learn to accept all situations.

For me, this situation requires more realism, and $5 per bet will also bring emotions that the players themselves can feel. And there's no specific plan, because with gambling there is something like mathematical probability that is applied but it's just an excuse for the worst case scenario that hasn't happened yet, so don't make yourself with awkward situations.

The strategy will be not to place a big money on every match he knows. Besides that, if he wants to place a bet, he must choose the match that he knows and can analyze the match. Otherwise, he will difficult to wins and only lose his money.

You can suggest not to place all of his money on the bet and only select the match that he really knows. Using $5 each on 20 different bets will be bigger but if he can accepts the risks, he can still do that. But that will not recommended because everything can happens in sports betting so he must be wise to allocates his money to place a bet. Maybe he can use $25 to place a bet and use $1 on every bets he wants to place so when he lose, he will not lose too big and still have money that he can use to place the other bets.

I'd say a public forum probably ain't the best spot to get particular tips on sports gambling (you're better off doing your own homework!). We all got our own methods and favorite sports teams.

As someone already mentioned, Id rather be choosing the games I wanna bet on instead of forcing myself to place 20 wagers when I don't know jack about

I mean, real bank roll management would probably suggest that they only have one bet on at any time and let it settle before placing another one. Otherwise you have a hard time calling it management because a freak scenario could mean 20 losses in one session returning you to zero. If you are comparing it to poker bank roll management that's how it'd work, where you should only be playing in a game which has a bet amount of say 1/500 of your bankroll because natural variance might see you swing positively or negatively for quite a few games. It depends what you're trying to achieve really, because unless you're especially good compared to a company that makes profit from pricing and analyzing bad player bets, then you're going to lose over the long term anyway.

The percentage of money he spends on each single bet depends on how confident he is in his bets. When you bet on a high Odd you are at a very high risk so you must not bet a large amount there. Also, where the odds are low and there is a high chance of winning the match, you don't hesitate to bet a large amount. But with a $100 bankroll, a single bet at 5% isn't too risky, so he can do it. but he/she have to control him self and He has to maintain this consistency. selfcontrol cannot be lost by greed.

The concept may seem as appealing as casting a net by placing bets on 20 sports or casino games. It may seem like you are forcing yourself to win, but it is quite interesting if you experience a win that automatically covers those who experience other losses.

In essence, gambling has different challenges so it is better for us to focus on just one or two that we are sure about in the game. With very minimal capital, of course we have fun by trying all the games with small bets. Don't get your hopes up for a big win there.

Well, no casino and no parleys on sports.
Sure the incentive of quick money is always very tempting but as fast as you can win you can lose it as well.

Try to find high value odds for single bets and make small bets of like 5$ or so and go from there.
With good scouting and luck of course you should win a higher percentage than what you are losing.

Sure the money is slower, much slower than possible (but still unlikely) fast casino wins or big parley hits but with some good bankroll management you can built slowly but steady. The mind does the most work, keep it string and focussed and never change the strategy. Upping up the wager is often the first step to a bankroll going bust.

If someone can tell him not to use more than five percent of the bankroll then it only make sense to me that he is not the real owner of the money, how can someone be in charge of your own money or this is another method to avoid gambling addiction? Because this days everyone is just saying what they can to make posts per day.

This question that you are asking is not even necessary, tell him to use whatever his own money is, tell him to avoid using someone else money, and even if the money belongs to him he should only risk what he can on gambling.

There is no need for percentages or whatever, how much can he afford to lose per week on gamble? This is the right question for him, how ever he choose to play the game is on him, but he must not use more than he have planned to risk every week on gambling.

This gambling rules is not that hard but keep can't keep them hands off the cookie jar it seems, that's why they keep losing money they aren't prepared to lose, by the way it's not even a must to be a gambler anyway.

There’s no standard rules on you manage your bet. Those 5% of your bankroll bet is just a preference bet of some people but that doesn’t mean it’s the standard and right approach. There’s no right or wrong in gambling you are just relying on luck when you place bet even if it’s a sports betting.

I think asking your friend how he can enjoy gambling rather than following someone advice is the best thing to do. After all, we are just seeking to have fun when are gambling so it’s better to choose a strategy that will make him happy. If he likes betting in much higher percentage so be it. Because no one is right in gambling except you who owns the money.

Well, that can be a strategy to place 5$ on 20 difference matches... It's up to your friend to decide what strategy he is going to use. Personally, I think he shouldn't place 5$ bets on 20 games at once. Place one bet and wait for the outcome. Then keep gambling on further matches step by step.

In case losses start accumulating, he may try a desperate last move by raising the bet size in a decisive match in order to recover previous losses and remain gambling with that same initial bankroll. Gambling strategies aren't static. The gambler has to mould which of them to use, accordingly to the current scenarios and challenges faced by him in present time.

Since your friend is new in sports betting, I think he can place even lower bets, so he can get more experienced on this practice without spending too much money on the process meanwhile. Once he gets more confident, then he can start placing more expensive bets such as 5$. I guess 100$ is a lot of money, and can last for a long time, if the gambler manages how to control it wisely.

Right, It doesn’t make sense to force having 20 bet using small amount on a single go since it’s very hard to find 20 matches on a single day that you can do proper analysis.



The idea of having fixed betting percentage is to avoid chasing losses when losing streak occur. This is why this kind of strategy focus on the number of bets to have a minimal losses when losing streak occur and slowly recover it back by winning more with remaining bets. Increasing your bets just to recover losses will defeat the purpose of this strategy.



I believe he shouldn’t focus on the odds figure itself but rather to his own sports analysis. He should place a bet on team or a pick that he knew will win due to his research regardless of the odds because this is how you can enjoy this kind of game by proving your prediction correct.

I am of the same viewpoint. Nobody should feel as if they are being up in a box to follow a certain rule. We are independent thinking humans and can make our rules or modify them as we see fit. It is true that 5% of the bankroll is not an agreed figure. His fried can do 1% or 3%. I think that it takes maturity to do this.

This looks like I am going off point but if he is confident enough in his sports betting ability, then he can do his $5 per bet on 20 games. The cumulative winnings will be small because of his bet size but he will be sure of a win if he bets on unfamiliar leagues in Europe and not well known leauges like the Premier League, La Liga, Bundesliga etc. He doesn't have to do it but he can do it for the experience of it.

Yes that makes sense, and the OP could also place a 25% bet on 4 games and if it's a sports bet, do those 4 games before betting, it's best to do a thorough analysis of all the sports being bet on. And you also have to choose sports betting on teams that have a chance of winning and look for accurate information, previous matches, statistics and so on to convince you in making a choice.
Betting $5 on 20 games is a waste of time because if you win on some games, your winnings will still be small.

If his entire bankroll is just $100 then I would say go with the bigger risk like $10 for a bet cause the favourite games might not have great odds so chances of rewards are also less. Or take the approach with minimal risk as you said if the only intention is to experience the bet not really the rewards.

For casino the recommendation can be simple, just bet $1 straight for 100 and let's see whether your friend is lucky enough to reap the rewards.

I preferred too having less pick to focus on quality of my bets rather than choosing 20 bets with small amount of money involved just to have less risky bet. I consider it more risky of you don’t do proper analysis regardless of the amount because the confidence for that bet will be low compared to a proper analyze bets even with huge amount at stake.

I might do a 2 50$ bets but place in different day within a week or month. This way I can have more winning rate because of proper preparation time while the potential profit amount is already equivalent to 10 games of 5$ each bet which is more convenient for me.

But my suggestion is not to place 20 bets in one day
I didn't suggest that
As the OP himself suggested, you can split the bankroll of 100 dollars into 20 bets, and I thought that was very good

Everyone needs to find their own betting style, and I thought it was a good start.
Maybe 1 bet a day is a good idea, he'll have plenty of time to see how it works, he'll lose some bets, win others and he'll be able to develop the method that works best for him

Everyone wants to get a decent amount of money from gambling. That is to say, there is no benefit even if there is a small amount of money won by betting. Because  small amount of money doesn't make any good impact in winning. But for those who don't want to take risks or consider gambling just for fun, the financial aspect is not very important. As a gambler I think a 5 percent bet is not too much. If it is used in extremely 5-10 bets without splitting it into four there will be a chance to increase his bankroll by winning. Win or lose there will be reduced risk. The way we plan to place bets according to the formula may vary in practice.

Rules can be made and it can also be broken, one can make a rule and still broke the rules because he's the one who made the. Gamble can easily influence a gambler who's not careful with his/her bankrolls. It can cause additions when you can't manage your bankrolls and your gamble life. 5$ per bet is not a bad idea because there are many bets that just a single game have lost, so if you bet 5$ on 20 different games singly, it's 100$ in sum and I believe there wre gambler that bet more than 100$ on bet, although winning big is totally depends on thr odds you stake on.

Sorry to say this, but if you could read the question well, you will observe that O.P said his/her friend was asked not to gamble more than 5% per bet, and not that 5% is not good enough for betting, because it seem you misunderstood it. But however, I must say that whoever may have given such advice to O.P's friend may have had his/her personal reasons,  just as we have got many others on this thread who is suggesting $20 to be used per bet, but whatever the case may be, I will say that with $5/bet for $100, it gives the gambler 20 opportunities to try his luck, unlike if it's $20, where you only have 5 chances just to try your luck. Hence the amount stake, should correspond to how convinced you are about whichever particular game.


while thinking about what strategy to be used on a particular bankroll, please let gamblers not forget that this is a game of luck too, where you stand the chance to either win a price and lose it all.

It is a 5:100 ratio, let's say you bet $5, in practice that is equivalent to only 20 bets.

Read well, 20 bets, then you have a success percentage based on the average probability, so in effect if you don't want to have bankroll problems, it is a good relation size-bet.(*)

Obviously, there is no shortage of the "Dumbs," who tells you it is very little, and the answer is no, it is fine, just diversify the bets, for example by making bets of $1.  It's just basic math, what happens is that people feel "comfortable" betting $20, $50, $100, etc.  Because they know they can take an extra $100 out of their finances.
  
^{(*) Sportsbet}

I'm comfortable with taking $100 from my income but I don't want to use it in one game, I want to diversify it make it last to enjoy the money I'm risking in sports. It really matters to each one of use becasue some could take out $100 in a daily basis but some is on a monthly basis, so if you are a guy who can only afford $100 to lose in a monthly basis, you have to take it easy and learn how to properly manage your bankroll, then that $5 per bet will work on you. ^{(just don't be greedy along the way)}

Hmm, that's quite a tricky question, by the by, the 5% bankroll bet amount is nothing but an unspoken rule amongst disciplined gamblers, and there's no real statistical evidence that suggest this 5% bankroll setting's gonna give you the most satisfying gambles out there. Personally I don't do it, and am more into around 10-20 daily, but that's only because I am a high-roller and I like gambling for the adrenaline and fun. Otherwise I wouldn't have gone so far as to even spend more than 6%.

100 bucks? If you'd ask someone like me, I say he make it in threes, or divide it by 6, that way, he can make 6 individual sportsbets, with at least one of these games striking him a win. But we're not here for the win and the profit, what I'm getting onto is bankroll management which will allow him to either earn and make the most out of his gambles, or secure his bankroll from further losses.

As soon as he's divided his bankroll into 6, he needs to only bet on 3 games per day, and if he ends the day with a net win, save the earnings and put it towards next day, eventually if he's smart with his earnings and he's a little lucky, he's going to see his initial 100 bucks accrue in value.

My question is, what do your friends do just for fun?  What's more, does your friend really know the type of sport that he likes and understands? because that's important for me personally, so that we can minimize losses. although in the end, luck comes into play when we carry out a betting session. Talking about betting budgets, it comes back to my first question, what are your friends' goals in their sports betting. The answer is, keep it to yourself. Well, no matter how small the bet your friend bets, if it's for fun, it doesn't matter. However, the problem is, only with the bankroll that your friend has and the goal is to multiply as much as possible, it seems that it will be difficult to achieve this, especially if you bet no more than 5%. Well, I really like this type of football betting. usually, I bet on single bets. Just 1 or 3 matches is enough for me every week, and not more than that. The reason why I do it is none other than to limit the bets I make and to avoid taking part in unnecessary matches. The concept is simple, from among the existing schedules, choose the one that we think has a fairly high probability of winning. If in doubt, don't hesitate not to bet. Well, your friends can divide your bankroll for the three matches you have chosen. The result is according to the odds option that we choose. After all, there are many options of sports betting. However, if your friend still only budgets 5% of his bankroll, choose multibet with lots of matches. But don't have big hopes, because winning multibet bets really relies on luck. Well, make a choice with friends and and good luck.

This issue of putting as a percentage the amount that the person should use to have good bankroll management, seems to me not to be a good idea. This is because there are many cases of people who have a small bankroll and in these cases of people who have a small bankroll, if they used 5% or 1% they would definitely be playing with a very small amount, for example a person who has 5$ and if that If a person listens to the 5% advice, then he would be playing with 0.25$ on each bet and even if he was lucky to get a bet right, he would not be happy with the gain he would have. That's why, in my opinion, the ideal is for people to manage their bankroll in a planned way


As I was saying in my comment that answered your first question, bankroll management must be planned in the sense that you have to see how much money you have per month that is destined for gambling, for example from a person who makes sports bets and has 100$ per month to place sports bets, this person must allocate 25$ each week to place bets. Now how will this person define the amount of money they will put into each game per week? It's simple: if in a week that person analyzes a lot of games and realizes that they have 5 good games to bet on? So put $5 on each game. what if in another week that person realizes that they only have 4 games to bet on? So put $6 on each game. what if in another week that person realizes that they have 10 good games to bet on? so put $2.50 on each game. Always use a maximum of $25 each week

Well, that would be ideal to do that so he could make use of that for a long time. Technically, you can treat it like trading there are risks involved. Maybe take it step by step so that he can take advantage of the prolonged capital? That would be a great approach and make sure that he studies it and then bet.

But the main purpose is to grow that capital, for a $100 bankroll, it will not easily grow to a significant amount of money so it does really require a lot of patience if OP is trying to achieve profitability in gambling. Actually, it's even very hard or close to impossible to win $100 from a $100 capital on a daily basis, so OP should understand that eventually as the gambling took longer, the frustration and greediness will likely be in place if that discipline and patience will be taken out.

That range of amount could just be for experiment if you think of growing your bankroll. If you are serious with sports betting, you don't put $100 as your bankroll, maybe $1000 to $10,000 as that is really for long term battle. That would measure also your capability as a sports bettor and you will see the outcome if you are profitable or not. Betting like $5 for 20 bets is not ideal, because we will lose the quality of bets, we should have a long term goal and always think of success, otherwise that 5% of your bankroll as wager is not so relevant.

I think the OP's friend wants to bet on soccer matches and in soccer betting is also not that simple, because basically you need to look at the odds in each match, each odds in the match is different if we do a single bet, unless maybe he uses parlay betting and using small capital can really make it a long bet, but for the growth of his money it will be very difficult because the guess must match the results of the match so as not to cut off his victory.

I think his goal is wrong because he wants to increase his money in gambling, although it is possible but this depends on luck in any form of gambling, something like this is not in accordance with the concept of gambling is a place to seek entertainment, this will be wrong and can make OP's friend disappointed and will be angry when his money is lost in gambling and we will know how in the future.

There’s no way to achieved a consistent profit on gambling no matter what strategy he is using because of the house edge. The only possible to have a guaranteed profit in long term is by using sure bets such as arbitrage betting but casino can easily detect this method and seize the profit that he made.

Overall, gambling should be use for entertainment purposes only. Relying on it for daily profit will surely gonna give you losses instead of profit since all gambling games including sports betting has randomness factor on result which is very hard to predict accurately in long term for profitability.

When gambling is used for fun, it does not matter what amount of bankroll one uses. However, when someone takes gambling seriously and wants to get good returns from gambling, he must take risks and keep a large bankroll.  Having a small bankroll especially for sportsbetting doesn't do much good because the sports odds are very low. And if you want to win for sure, no more than 1.05-1.5 odds can be used.  So in this case, there is no chance of getting a good profit if you place a small amount of bet. but I think gambling should be done purely for fun, using small amounts of money without worrying about the bankroll

Is he completely new to sports betting and has no knowledge at all about sports?
If it is so, it is better to suggest him to learn about sports first to learn about basic knowledge about sports betting first.
But if he has knowledge about specific sports, I think he knows what is the best for himself when it comes to bankroll strategy or betting strategy based on his own bankroll.
The best for you does not mean the best for him and vice versa, so I think the best answer for him is "do what you think is the best for you"  ;D

Getting hyped up about stuff we like is natural, but betting's a different beast. Your friend gets it - managing money, betting smart, thats the key to not getting burned. Is the goal to have fun or build the bankroll? Its a mindset thing. If its pure entertainment, then hey, less pressure. But if your buddy's serious about making money? Thats a whole different level of commitment. 5% bets are safe, but the payoff's small unless you're hitting some seriously unlikely wins. Just the facts.

Knowledge is where its at. Your friend needs to go deep on the sport. Not just knowing the game, but the teams, the players, injuries, strategies...all of it. Its not about finding matches that might win, its about knowing why they're likely to win. Do the work, make educated bets. Win or lose, thats when you really get something out of it.

Theoretically, he can place bets of $5, but if his deposit decreases or increases by 25%, then he needs to recalculate the size of the bet so that it is equal to 5% again. 5% is a good bet size for a reliable game, the only question is why does your friend think that with a reliable game he can beat the bookmakers? For example, I know very well that the longer the distance and the more reliable the game, the more guaranteed I will lose to the bookmaker. Therefore, I choose large odds (more than 10) and hope that volatility will be on my side.

If we talk about profits in the long term then it is absolutely impossible to have even by using the Arbitrase betting method, because it requires the use of much larger amounts of money.
Moreover, each gambling site will produce different odds, so calculations must be done carefully to minimize losses because there is betting option from one of the sites that will definitely lose.
This will never be as easy as we are talking about and of course we can feel it when we have tried it, what more, everything will carry big risks too and it is better to avoid them.

So gambling is not place to make money for gamblers because the only people who can make money in gambling are gambling site owners who clearly spend money to build business and make profit.
Entertainment and having fun must be the choice or main goal of entering gambling and that way we will not feel disappointed and do some detrimental things.

It's possible that the money came from another better gambler and he has been given a good tip/hint there. They don't gave more because maybe they want the guy to explore it all by himself which is good too. Even if we say the money is from his friend, there are still people who can give an advice like that. I even saw one here in the forum last time.

Again, that is a good strategy and it's better to follow it than if we just bet without direction because we can lose our money too quickly that way before we even get a win. If we are curious to know the background of those who gave us a tip, we can always ask them, or they can present it already because they know that it will be hard for others to believe them if they won't.

The only information we are having about this guy is on how he was able to manage to have a bankroll deposit of $100 but we are not sure of how stable his financial source can be, maybe if he can often generate or manage to have more within a particular time space or not, so this is more of the gambler being able to understand himself, plan his gambling budget after considering his financial income level and what he could afford to have or use as bankroll

There is no doubt that those who gamble with the intention or target of gambling using a certain bankroll or who have the intention of winning a certain amount are definitely addicted to gambling and they use gambling seriously. Because those who use gambling only for fun invest money in gambling according to their ability to lose over time and do not have any goals, they only take fun from gambling. Bankroll doesn't matter for them but $100 bankroll is not a huge amount so it can be used but it would be foolish to always have this target.

On the moment or time that you would really be finding yourself that go past beyond your limits then this is really an indicative sign that you are already that addicted towards gambling and this something bad or
something that you would really be needing up to stop while its still early because once things becomes that too severe then it would really be bringing up that huge mess up into your life and this is something that
you should really be that avoiding as much as possible. Of course when we do play gambling then we would really be having those kind of allocated funds or amounts on which this is something that we can afford to lose
but we know that not all people would really be having that kind of approach towards gambling is that they would really be making that 100 bucks to be that more bigger or something that huge and having that
kind of intent that they would really be that lucky enough for them to make huge profits or winnings on which this is something that they would be needing up to avoid as much as they could.

I would guess the friend of the OP already has a sport in mind he wants to make some bets if he is that interested in sport bets already.

However I feel that betting 5% of his bankroll is on the high side, and while this may not seem to be the case as we are only talking about 5 dollars here, that is because his bank roll is too small, so if I was on his position trying to become a pro gambler, I would not wager 5 dollars on each bet unless I had 250 dollars as my capital.

Your friend is wise to consider bankroll management when engaging in sports betting. Proper bankroll management helps minimize the risk of significant losses and allows for more sustainable betting over the long term.

So money management is important here frennn  ;D Calculate 5% of the Bankroll: In this case, 5% of $100 is $5. Distribute Bets Strategically: Instead of placing $5 on 20 different bets, your friend might consider a more selective approach. It's generally recommended to focus on a smaller number of bets and to prioritize quality over quantity. Your friend could consider placing $5 on two or three carefully chosen bets that they feel confident about rather than spreading the bankroll too thin across numerous bets.

See with proper calculation you can make the best decision with 100$ worth of money tho I just google it freen so you can mix up with your strategy too

With $5 per bet, I'd rather do a parlay with just 2-5 teams. It would be better if he only bet on the teams, individuals, and sports he is familiar with. He should take it slow and not place 20 bets in one go. One parlay a day would be good; at least he will gain more knowledge in sports betting as the days go by. Sports betting is not like slots or any casino games out there.

I will agree with that. One parlay per day. Or if he decides to make it two parlays then divide the budget for the day. $2.5 each and you will still get a good income if one of those parlays will hit.
We cannot be greedy just because we are holding a huge amount of money. If I have $100, I'd rather play casino games and increase my wagered amount, that way I may get a good amount when the weekly bonus comes and so do the monthly bonuses (sometimes they give twice like in Stake.com). As much as possible, I'd want that $100 to last for 2 weeks or more. If I still have half of the balance in two weeks, that may be the time I increase my bets and see if the RTP will click in so I can back all the money in a faster way. I mean, in 2 weeks of playing, I may already reach my quota for the wagered amount so I can go a bit greedy and test my luck. Planning is important for any gambler so that we will have something to follow and not just bet wildly without thinking about it.