$1000 bankroll for sports betting question.

[Kelward]

Let’s say I believe in your sports handicapping skills and I hand you $1000 as a bankroll. By the end of the season of a certain league, like the NBA, I expect that to grow into $10,000.

So how would you approach it? How would you handle bankroll management, how do you break down and analyze each bet, and what kind of strategy would you actually use to hit that goal?

On one condition that I can accept such a deal is if the investor will share profit and lose with me, if he doesn't I will not give myself BP because there's no guarantee of winning in gambling. It is better to gamble with your own bankroll and the amount should be what you can afford to loose because of the same reason being that there's no guarantee of winning. Besides if my strategy is so near perfect I don't need to share profit with anyone, I'll keep winning and increasing my bankroll by myself. Gambling is risky and shouldn't be treated like a business or investment because profits are not guaranteed.

[Muba20]

Nothing can be account for in this types of money reason because what we are dealing with is not a game of certainties rather a game of probability which you can't count how much to win or how much to lose while gambling with $1k. The only thing I know is how to manage it carefully to fit round the whole season as you said, at this point winning could come but not certain or specifying. In gambling especially sports betting it's very hard to determine when to win except such person deploy a specific strategy to gamble, let say going on a single bet which reduces the chances of losing their bet.

After accepting $1000 as a bankroll, how long can you keep that money is an important issue. In gambling, small wins are often obtained by using large amounts. That is why the gambler has a big responsibility regarding bankroll management. Many times, it is seen that the gambler uses a large part of the bet out of greed and loses the bankroll to recover that money. In this situation, he can lose all his money at any time. If $1000 is tried to multiply by 10x, then aggressive betting will have to be done and luck will also have to be with you. Otherwise, you will quickly lose control. Holding the bet money for a long time can also be a strategy. In this case, if luck favors, there may be a possibility of quick profit, but it is uncertain.

[Japinat]

After accepting $1000 as a bankroll, how long can you keep that money is an important issue. In gambling, small wins are often obtained by using large amounts. That is why the gambler has a big responsibility regarding bankroll management. Many times, it is seen that the gambler uses a large part of the bet out of greed and loses the bankroll to recover that money. In this situation, he can lose all his money at any time. If $1000 is tried to multiply by 10x, then aggressive betting will have to be done and luck will also have to be with you. Otherwise, you will quickly lose control. Holding the bet money for a long time can also be a strategy. In this case, if luck favors, there may be a possibility of quick profit, but it is uncertain.

Keeping it slow is already enough as long as you can maintain a good win rate. If you don’t follow that, it means you’re being aggressive, and I believe those who use aggressive bankroll management usually lose in the long run.

It’s better to grind it out and stick to the right percentage of bankroll management. The stake amount will grow naturally if you keep winning since the percentage is based on your total bankroll. You’ll notice that from small bets it will suddenly increase because you’re doing well, and the opposite if you’re not, still it allows you to gamble longer.

[Nahl]

I think it's tough question but statistically this is still possible to do because basically you will bets for whole season which mean from the beginning until season ended and for safe bets probably you can starting to bets on low odds for each games because betting on these odds has high possibilities to won the bets but as this is gambling everything could possibly happend and although you used this method there is always the potential to lose your money

Even if you are sport betting expert it's impossible to have 100% winning rate especially sometimes there are things that cannot be predicted which caused lost the bets and i am sure before achieve the profit target you will lost all of your initial capital so for me personally i do not dare to take this challenge

[mak013]

I think it's tough question but statistically this is still possible to do because basically you will bets for whole season which mean from the beginning until season ended and for safe bets probably you can starting to bets on low odds for each games because betting on these odds has high possibilities to won the bets but as this is gambling everything could possibly happend and although you used this method there is always the potential to lose your money

Even if you are sport betting expert it's impossible to have 100% winning rate especially sometimes there are things that cannot be predicted which caused lost the bets and i am sure before achieve the profit target you will lost all of your initial capital so for me personally i do not dare to take this challenge

I can`t say about NBA, but in EPL you have 38 rounds per season. You need to get just 7% profit per round to get $10000 at the end of the season(with reinvest). It doesn`t looks hard, but as for me the main problem is not to risk. You always see chances to get more money than you need but it would be a mistake some moment.

[Josefjix]

Let’s say I believe in your sports handicapping skills and I hand you $1000 as a bankroll. By the end of the season of a certain league, like the NBA, I expect that to grow into $10,000.

So how would you approach it? How would you handle bankroll management, how do you break down and analyze each bet, and what kind of strategy would you actually use to hit that goal?

When I'm mostly playing using handicap option, I always consider club that is playing from home to be more advantageous, however, an average winning odds of such club must be within 1.15 then I give the opposite side 1 goal to still loss the game from away.

Choosing this option usually give me odd of 1.25 which I need 2 games total 1.50 to complete my predictions, a $150 bet on each bet can in a weekend can get me there.

I won't bet everyday, only weekend.

[bhadz]

I'll contact my friends who are into sportsbetting, both local and international basketball. I'm not sure if it's real that they have a contact and signal about sportsbetting in our local basketball which is the PBA and as well as the other leagues. You know that it's rampant in our country that there are certain groups of bettors and they're all coordinating, trying to give and take the bets that they have. I've just heard that they've got some "signal" and how they're showy with their wins. So, having no idea if that's real and if I have no choice but to grow that, aside from my analysis to the bets I'll make. That's what my plan is.

I get that you want to win, but what you’re doing is illegal. What OP is asking for is a legitimate method of growing your money in sports betting. If cheating is the only way you think you can win, then there’s really no chance in sports betting. Some will say it’s about skill, but not by breaking the rules.

And you know cheating won’t last, eventually it gets uncovered.

When that happens you’ll still end up losing everything if you keep gambling that way.

How is it cheating? When those signals that they're giving are just mere predictions of theirs? I think that was said to me, and they're just sharing their predictions. And I doubt that they've got a real insider locally because not allthe  time they're winning. I know that cheating is unethical, and I don't think that this is one of them. These people are real life gamblers and sports bettors, they eat and earn from it and that's why I think with their accuracy of winning when they bet on a match could be higher than me. But if that's what you think, then this strategy is off and better if I just cast my bets on my own and through my own analysis.

[DPHOR]

Nothing can be account for in this types of money reason because what we are dealing with is not a game of certainties rather a game of probability which you can't count how much to win or how much to lose while gambling with $1k. The only thing I know is how to manage it carefully to fit round the whole season as you said, at this point winning could come but not certain or specifying. In gambling especially sports betting it's very hard to determine when to win except such person deploy a specific strategy to gamble, let say going on a single bet which reduces the chances of losing their bet.

After accepting $1000 as a bankroll, how long can you keep that money is an important issue. In gambling, small wins are often obtained by using large amounts. That is why the gambler has a big responsibility regarding bankroll management. Many times, it is seen that the gambler uses a large part of the bet out of greed and loses the bankroll to recover that money. In this situation, he can lose all his money at any time. If $1000 is tried to multiply by 10x, then aggressive betting will have to be done and luck will also have to be with you. Otherwise, you will quickly lose control. Holding the bet money for a long time can also be a strategy. In this case, if luck favors, there may be a possibility of quick profit, but it is uncertain.

There is no assurance for multiplication but when gambling or with proper bankroll management could lead to some winning and of course winning can not be defined while gambling so whenever winning comes it's like additional money, although the amount is also placed on target but as a free money to the gambler. Gambling can never be seen as a business of profits making and we can't also be sure what would come in the next bet so the amount placed is tantamount to lose.

[o48o]

Let’s say I believe in your sports handicapping skills and I hand you $1000 as a bankroll. By the end of the season of a certain league, like the NBA, I expect that to grow into $10,000.
-cut-

Are you kidding me? No matter how you analyze those games, it's highly improbable to even know if anyone would get 10x at that time. I mean that happens, but it's not predictable, not by end of the season or in any given timeline.

So, even if i had a change to 1000x the bet, i would say that your expectations for anyone to grow it is unrealistic.

I might as well throw dice to get results i bet on, and claim it was my analysis skills if i won.

[rachael9385]

Any strategy will work here, but IT'S NOT GUARANTEED to win or get $10,000 from $1,000.
There's no strategy in gambling that will have this return as it's still gambling, even what strategy you use and even if that is in sports betting. The luck sometimes is still there.

Absolutely, what makes gambling what it is all about is the fact that whatever strategies we come up with the outcomes will still remain uncertain. Even though the margin between $1000 and $10000 is not that much there's no guaranteed way to make such a profit, with that best analysis you can use and best betting system is doesn't make it risk free, at the end of the day anything can still happen

[AmoreJaz]

Let’s say I believe in your sports handicapping skills and I hand you $1000 as a bankroll. By the end of the season of a certain league, like the NBA, I expect that to grow into $10,000.
-cut-

Are you kidding me? No matter how you analyze those games, it's highly improbable to even know if anyone would get 10x at that time. I mean that happens, but it's not predictable, not by end of the season or in any given timeline.

So, even if i had a change to 1000x the bet, i would say that your expectations for anyone to grow it is unrealistic.

I might as well throw dice to get results i bet on, and claim it was my analysis skills if i won.

If it is in gambling, don't expect that it will grow x10 at the end of the season. Even if we say, it is in sportsbetting and you know the capability of the bettor. It would be so much pressure for the person who will do the betting. I would say, I don't think any bettor would make a deal with you because the start itself is like a -$10k for him. Because no matter what, he needs to earn that much profit and it would be a toll for him to do such task.
So I would say, no one will agree to such arrangement, unless, he wants a headache afterwards. And if he is indeed a very good sportsbettor with such skills, I think, he will just use his money and not from someone else. At least, win or lose, it is on him and no pressure from anyone else.

[Theupdude]

Any strategy will work here, but IT'S NOT GUARANTEED to win or get $10,000 from $1,000.
There's no strategy in gambling that will have this return as it's still gambling, even what strategy you use and even if that is in sports betting. The luck sometimes is still there.

Absolutely, what makes gambling what it is all about is the fact that whatever strategies we come up with the outcomes will still remain uncertain. Even though the margin between $1000 and $10000 is not that much there's no guaranteed way to make such a profit, with that best analysis you can use and best betting system is doesn't make it risk free, at the end of the day anything can still happen

Yeah you never know the probability of the result in gambling whatever the trick. Even when you execute all of the information diligently or when you use a tried and tested system chance still plays a significant part and everything is liable to change in a second. It can be turned into 10,000 but it is never certain and there is the threat of loss of the initial capital. The point to be remembered is that gambling is not an investment of money and whoever believes that he/she can control the money is only a fool. One would do well to do it carefully and only take a risk on money you can afford to lose.

[kotajikikox]

Let’s say I believe in your sports handicapping skills and I hand you $1000 as a bankroll. By the end of the season of a certain league, like the NBA, I expect that to grow into $10,000.

So how would you approach it? How would you handle bankroll management, how do you break down and analyze each bet, and what kind of strategy would you actually use to hit that goal?

Very optimistic goal. The natural tendency is to bet on favorites but that would not bring you high reward since there will be a lot of people betting on the favorites so find another edge instead.