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Author Topic: Bankroll Management Challenge!  (Read 9160 times)
bitcoinprofit (OP)
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September 25, 2016, 08:16:44 PM
Last edit: September 25, 2016, 08:47:18 PM by bitcoinprofit
 #121

Event : Marseille v Nantes

Start Time : 09/25/2016 14:45

Competition : Ligue 1 Orange

Bet Type : Over/Under 3.5 Goals

Your Selection : Over 3.5 Goals
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September 25, 2016, 08:50:27 PM
 #122

This isn't a "challenge", this is standard betting practice. Anyone who doesn't use bankroll management like this is actually betting improperly and will result in poor bet placement and bankroll management in the future.

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September 26, 2016, 01:44:51 PM
Last edit: September 26, 2016, 02:09:18 PM by bitcoinprofit
 #123

Event : Brunei DPMM FC v Courts Young Lions

Start Time : 09/26/2016 08:15

Competition : Singapore S League

Bet Type : Over/Under 7.5 Goals

Your Selection : Over 7.5 Goals


@1.29
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September 26, 2016, 02:40:56 PM
Last edit: September 26, 2016, 02:58:10 PM by bitcoinprofit
 #124

Event : FC Slovan Liberec U21 v MFK Karvina U21

Start Time : 09/26/2016 09:00

Competition : Czech U21 League

Bet Type : Over/Under 1.5 Goals

Your Selection : Over 1.5 Goals
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September 26, 2016, 03:02:30 PM
Last edit: September 26, 2016, 03:42:26 PM by bitcoinprofit
 #125

Event : Tyumen v Kuban Krasnodar

Start Time : 09/26/2016 10:00

Competition : Russian Division 1

Bet Type : Over/Under 0.5 Goals

Your Selection : Over 0.5 Goals


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September 27, 2016, 10:38:20 AM
Last edit: September 27, 2016, 11:07:13 AM by bitcoinprofit
 #126

Event : Chanmari FC v Zo United FC

Start Time : 09/27/2016 05:00

Competition : Mizoram Premier League

Bet Type : Over/Under 0.5 Goals

Your Selection : Over 0.5 Goals
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September 27, 2016, 07:41:13 PM
Last edit: September 27, 2016, 08:13:04 PM by bitcoinprofit
 #127

Event : Chesterfield v Gillingham

Start Time : 09/27/2016 14:45

Competition : League One

Bet Type : Over/Under 1.5 Goals

Your Selection : Over 1.5 Goals


@1.11
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September 27, 2016, 10:18:22 PM
Last edit: September 28, 2016, 02:04:23 AM by bitcoinprofit
 #128

Event : Cleveland (M Clevinger) @ Detroit (J Verlander)

Start Time : 09/27/2016 19:10

Competition : MLB 2016

Bet Type : Moneyline (Listed)

Your Selection : Detroit


@1.36
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September 28, 2016, 11:45:18 AM
Last edit: September 28, 2016, 09:39:52 PM by bitcoinprofit
 #129

Event : Arsenal v FC Basel

Start Time : 09/28/2016 14:45

Competition : UEFA Champions League

Bet Type : Asian Handicap

Your Selection : Arsenal -1.5


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September 29, 2016, 11:46:39 AM
Last edit: September 29, 2016, 04:40:29 PM by bitcoinprofit
 #130

Event : Brighton GB

Start Time : 09/29/2016 12:05

Bet Type : To Be Placed 1 - 3

Your Selection : Wrapped


@1.62
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September 29, 2016, 05:25:27 PM
Last edit: September 29, 2016, 07:31:41 PM by bitcoinprofit
 #131

Event : Gent v Konyaspor

Start Time : 09/29/2016 13:00

Competition : UEFA Europa League

Bet Type : Over/Under 2.5 Goals

Your Selection : Over 2.5 Goals
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September 29, 2016, 11:02:36 PM
Last edit: September 30, 2016, 12:23:53 AM by bitcoinprofit
 #132

Event : Jorge Wilstermann v Guabira

Start Time : 09/29/2016 18:00

Competition : Bolivian Liga Nacional A

Bet Type : Over/Under 3.5 Goals

Your Selection : Over 3.5 Goals
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September 30, 2016, 03:06:18 AM
 #133

Bankroll management doesn't really work for you if you have negative EV.

The whole idea of bankroll management is to limit variance -- to stay as close to the EV as you can. Why would you want that, when EV means you lose?

In fact, you have a better chance of winning big if you gamble 100% of your bankroll. 1% edge on a 100 BTC bet vs 1% edge * one million 0.0001 BTC bets.

Bankroll management is only a good idea if you have a positive expected value. Scenarios where you have +EV: you are the house; you are a card counter; or you have worked out another way to gain an advantage. If you are at a disadvantage to the house, do not follow this advice.

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September 30, 2016, 03:08:08 AM
 #134

Testing this method...wager only 5% of bankroll each time...

The more bets you make the more you will see negative effect of house edge, gambling is about "all or nothing", you can't expect to be in profit over the long run.

100% this. The advice to gamble only 5% of your BR is stupid.

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September 30, 2016, 08:01:58 PM
Last edit: September 30, 2016, 09:33:56 PM by bitcoinprofit
 #135

Event : Everton v C Palace

Start Time : 09/30/2016 15:00

Competition : English Premier League

Bet Type : Over/Under 1.5 Goals

Your Selection : Over 1.5 Goals


@1.17
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September 30, 2016, 09:40:43 PM
Last edit: September 30, 2016, 10:20:44 PM by bitcoinprofit
 #136

Event : Fuerza Amarilla v Emelec

Start Time : 09/30/2016 16:30

Competition : Ecuadorian Primera A

Bet Type : Over/Under 0.5 Goals

Your Selection : Over 0.5 Goals


@1.32
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September 30, 2016, 10:08:52 PM
 #137

Is it 5% per day, per session or per bet? , If you only wager 5% of your bankroll per day you will be able to last longer but as long as the house edge remains in place then the only thing awaiting for you in the long term is defeat.

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September 30, 2016, 11:08:43 PM
Last edit: September 30, 2016, 11:50:09 PM by bitcoinprofit
 #138

Event : Bahia v Criciuma

Start Time : 09/30/2016 18:15

Competition : Brazilian Division 2

Bet Type : Over/Under 0.5 Goals

Your Selection : Over 0.5 Goals


@1.23
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October 01, 2016, 11:46:31 AM
Last edit: October 01, 2016, 01:15:04 PM by bitcoinprofit
 #139

Event : Dundee v Celtic

Start Time : 10/01/2016 07:15

Competition : Scottish Premiership

Bet Type : Over/Under 1.5 Goals

Your Selection : Over 1.5 Goals
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October 01, 2016, 01:42:42 PM
Last edit: October 01, 2016, 02:18:54 PM by bitcoinprofit
 #140

Event : Ingolstadt v Hoffenheim

Start Time : 10/01/2016 09:30

Competition : Bundesliga 1

Bet Type : First Half Goals 1.5

Your Selection : Under 1.5 Goals
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