Bankroll!

[kotajikikox]

I know there are bettors here who dream of investing in sports betting and hoping to consistently make money from it.

So, I'd like to ask the following questions:

1. How much bankroll can you afford to start with?

My payments for campaign is what I used in my gambling businesses so for me it is enough to risk and start off.

2. With your bankroll, how much expected profit do you anticipate in a year?

double is better , that will show i am not a greedy one and contented with small profit.

3. Will you be content with your profit? If not, have you considered increasing your bankroll, even if you cannot afford it?

never that In my mind to excess my expenses so nope , not thinking adding more.

[pinggoki]

Who are these people that are dreaming of investing in sports betting? I'm sure that there's not a lot of people that are going to do that even when you make it look logical, sounds to me like you're creating fictional people that are considering investing in sports betting because I haven't seen a lot of users posting here that even consider that not even the NBA or Football mega threads. But if you're talking about short-term funds for sports betting then I would say I'd be comfortable to have around 200 USD because it's a safe amount, not too big for me but at the same time enough for me to make some profit in case I get a win in my bet.

[Russlenat]

Who are these people that are dreaming of investing in sports betting? I'm sure that there's not a lot of people that are going to do that even when you make it look logical, sounds to me like you're creating fictional people that are considering investing in sports betting because I haven't seen a lot of users posting here that even consider that not even the NBA or Football mega threads. But if you're talking about short-term funds for sports betting then I would say I'd be comfortable to have around 200 USD because it's a safe amount, not too big for me but at the same time enough for me to make some profit in case I get a win in my bet.

They are the people who believe that making money in sports is possible. 1% of the total gamblers  or sports bettor are making money which will make them an exceptional bettors if they'll be successful with it. Everyone of us starts with a dream, I think it's okay to dream as long as you know your limit, at least once if your life you were able to do the things that you wanted to, if you fail, then back to the basic, which is to consider gambling as fun.

[junder]

I personally wouldn't do that because even though I have a lot of money I've never thought in that direction, by making a very large deposit, because I myself am someone who doesn't dare to take risks in terms of gambling, it's better for me to invest it if that's the case.

Everyone has out own choice, maybe you only see gambling as a form of entertainment, therefore you should only put a very limited amount of money, enough to make you have fun regardless of the outcome. However, there are people who really thought they can make a living in gambling, try to watch youtube videos, you'll see a lot of stories, so if a gambler sees that, it could inspire him to build his own journey.

It's a huge challenge as the success rate is less than 5%, that according to what I read. So becoming successful is life proving to yourself that you are special.

It's true that everyone's thoughts are different and I know that too, because I myself think about it, not everyone will have the same thoughts. I'm just saying my opinion, there is no element of force either. also indeed I only consider it as entertainment only, and even if I get a win I consider it a bonus.

What do you mean by streamers? If they are streamers they obviously gamble live, and with live it may also be profitable, so even if the gambling they do runs out there is still income from the live, but as far as I know streamers who gamble they gamble with very large capital, so they are not reluctant to place bets.

[bitbollo]

...
1. How much bankroll can you afford to start with?

It depends because each week/month I can just make a withdraw. Normally I use just the amount I am going to playing in a session.

...
2. With your bankroll, how much expected profit do you anticipate in a year?

I can't make this calculation. I just play for the single session/match/tournament. I don't expect any profit or any specific profit just because I don't know which odds I can achieve.

...
3. Will you be content with your profit? If not, have you considered increasing your bankroll, even if you cannot afford it?

Of course no. Never change bankroll if isn't affordable, this is a big mistake and can lead to several issues

[bluebit25]

Who are these people that are dreaming of investing in sports betting? I'm sure that there's not a lot of people that are going to do that even when you make it look logical, sounds to me like you're creating fictional people that are considering investing in sports betting because I haven't seen a lot of users posting here that even consider that not even the NBA or Football mega threads. But if you're talking about short-term funds for sports betting then I would say I'd be comfortable to have around 200 USD because it's a safe amount, not too big for me but at the same time enough for me to make some profit in case I get a win in my bet.

Yep, maybe not for you, but it doesn't have to be limited to thinking in the way you mentioned, the sports betting market is huge, and there are many opinions about it. So play in a way that you think is safe. I also don't dream too much about the opportunity to make money, even though I'm also quite lucky when exposed to gambling. But I understand that the story of a player looking for relaxation is completely different from that of a player who has done their own research and calculations. There will also be individuals and groups that can be considered good players, and they have reasons to achieve good results in betting.

Anyway, I'm not someone who spends a lot of money on gambling, I'm happy to spend large sums of money, but to be honest I don't always do that. But usually I don't spend more than $50 on gambling every week, and there are even months when I don't play, so the target audience here will not be for me, just someone looking for comfort.

[Questat]

Who are these people that are dreaming of investing in sports betting? I'm sure that there's not a lot of people that are going to do that even when you make it look logical, sounds to me like you're creating fictional people that are considering investing in sports betting because I haven't seen a lot of users posting here that even consider that not even the NBA or Football mega threads. But if you're talking about short-term funds for sports betting then I would say I'd be comfortable to have around 200 USD because it's a safe amount, not too big for me but at the same time enough for me to make some profit in case I get a win in my bet.

They are the people who believe that making money in sports is possible. 1% of the total gamblers  or sports bettor are making money which will make them an exceptional bettors if they'll be successful with it. Everyone of us starts with a dream, I think it's okay to dream as long as you know your limit, at least once if your life you were able to do the things that you wanted to, if you fail, then back to the basic, which is to consider gambling as fun.

That's very low, so it suggested that we are trying to venture into a business with only 1% chance of winning, you must be having some kind of weird thinking if you ever go into sports betting making money. However, since there are still people who tried their luck despite knowing the chance are low, so I salute their courage as a sports bettor like me would be happy seeing someone getting successful in sports betting, it's quite fulfilling.

[Distinctin]

Of course no. Never change bankroll if isn't affordable, this is a big mistake and can lead to several issues

Many gamblers makes this kind of mistake, it's the bankroll that gave them a problem as they don't know how to manage it.

Here's the scenario. In case you have $1000 total bankroll gambling for one day, scenarios are.

1- You do flat betting with $100 per wager and you had a 10 losing streak.

2- You lose all your bets, you start with $100, then $300, and lastly $600...

Which of the two experience is moare painful? I'll choose the number 2...the reason, lack of discipline in bankroll management.

[piebeyb]

Anyway, I'm not someone who spends a lot of money on gambling, I'm happy to spend large sums of money, but to be honest I don't always do that. But usually I don't spend more than $50 on gambling every week, and there are even months when I don't play, so the target audience here will not be for me, just someone looking for comfort.

Yes, your method is good, in my opinion, if you limit your gambling budget, whether it's weekly or monthly, at least you do it so you don't get addicted to gambling, because many gamblers play for big money but can't control themselves properly and end up becoming addicted and bankrupt, me too limiting my gambling to no more than 2.5% of my weekly income so as to be consistent with that spending without having to overspend unnecessarily.

Always use cold money and unused money will provide comfort when playing gambling, especially if you lose, you definitely won't be too disappointed with it, of course you will be more aware that losing is part of the risk of gambling, so we shouldn't blame the situation for not feeling lucky when gamble. The point is to always control yourself when gambling.

[Sanitough]

Of course no. Never change bankroll if isn't affordable, this is a big mistake and can lead to several issues

Many gamblers makes this kind of mistake, it's the bankroll that gave them a problem as they don't know how to manage it.

Here's the scenario. In case you have $1000 total bankroll gambling for one day, scenarios are.

1- You do flat betting with $100 per wager and you had a 10 losing streak.

2- You lose all your bets, you start with $100, then $300, and lastly $600...

Which of the two experience is more painful? I'll choose the number 2...the reason, lack of discipline in bankroll management.

I agree, the number 2 scenario is more painful to take because you shortened your games because you were chasing your losses. Most of us who were in that situation in the past probably have regretted our careless decision, if it wasn't part of the game plan, then it's certainly due to our lack of control which as we have seen would likely end up us regretting.

But how many times we really make the same mistakes before we learn?

I also ask this because personally I didn't make that kind of mistake once, maybe more before I finally learn to control myself and avoided that.

[YOSHIE]

I know there are bettors here who dream of investing in sports betting and hoping to consistently make money from it.

So it's like this, first I was involved in gambling and betting in sports betting, I thought there was a better alternative way to make extra money in investment every year, namely on sports betting, of course it was adjusted to the capital we hadhave.

But after I discovered the difference between investing and sports betting, as one of the sources below said, who said.

There are many differences between sports betting and investing in the literal sense. For example, that this very special type of betting is based primarily on odds and not on product analysis or savings models. Therefore, it has to do more than other types of games that are part of fun, leisure or even entertainment. No wonder, in this segment there is no valuation or even price training. Only the variation in sports betting costs is a factor in the player's profitability rests with the bettor.

So I compare that this activity cannot be understood as an investment, it is all more focused on one of the game factors.

For that I have the answer.
1. No, maybe $50 I hesitate to do.
2. Never and nothing.
3. Never do it.

[Juse14]

Who are these people that are dreaming of investing in sports betting? I'm sure that there's not a lot of people that are going to do that even when you make it look logical, sounds to me like you're creating fictional people that are considering investing in sports betting because I haven't seen a lot of users posting here that even consider that not even the NBA or Football mega threads. But if you're talking about short-term funds for sports betting then I would say I'd be comfortable to have around 200 USD because it's a safe amount, not too big for me but at the same time enough for me to make some profit in case I get a win in my bet.

They are the people who believe that making money in sports is possible. 1% of the total gamblers  or sports bettor are making money which will make them an exceptional bettors if they'll be successful with it. Everyone of us starts with a dream, I think it's okay to dream as long as you know your limit, at least once if your life you were able to do the things that you wanted to, if you fail, then back to the basic, which is to consider gambling as fun.

If in the end you will only return to basics and return to considering gambling as fun. then why would someone try so hard to make this gambling and betting activity into a profitable activity. Isn't that just a waste?

Just be realistic bro, this gambling is about possibility and the chance of losing is greater than winning. Winning that dreams are a free space for expression and expectations. But we also need to measure our own abilities, and if the possibility of failure is greater than success. If the possibility of failure is greater, then don't fight for that dream.

[Japinat]

Who are these people that are dreaming of investing in sports betting? I'm sure that there's not a lot of people that are going to do that even when you make it look logical, sounds to me like you're creating fictional people that are considering investing in sports betting because I haven't seen a lot of users posting here that even consider that not even the NBA or Football mega threads. But if you're talking about short-term funds for sports betting then I would say I'd be comfortable to have around 200 USD because it's a safe amount, not too big for me but at the same time enough for me to make some profit in case I get a win in my bet.

They are the people who believe that making money in sports is possible. 1% of the total gamblers  or sports bettor are making money which will make them an exceptional bettors if they'll be successful with it. Everyone of us starts with a dream, I think it's okay to dream as long as you know your limit, at least once if your life you were able to do the things that you wanted to, if you fail, then back to the basic, which is to consider gambling as fun.

If in the end you will only return to basics and return to considering gambling as fun. then why would someone try so hard to make this gambling and betting activity into a profitable activity. Isn't that just a waste?

I agree with you it's a waste, but there's a feeling of being challenge from gamblers who thought they can make money in gambling because they were inspired on what they see. The question is, can some be profitable in gambling, if the the answer is yes, they'll try to find a way to achieve that profit themselves. At least in the end they'll realize gambling is not for them, so they'll just return to gambling for fun.

As they say, no regret that comes first.

Just be realistic bro, this gambling is about possibility and the chance of losing is greater than winning. Winning that dreams are a free space for expression and expectations. But we also need to measure our own abilities, and if the possibility of failure is greater than success. If the possibility of failure is greater, then don't fight for that dream.

How can you measure your abilities if you will not try? People always try, if they make mistake, they learn and don't do it again.

[killerfrost]

I was not the type of person to make money with gambling. But there are a few OP questions that I think are quite relevant to what I have been and continue to be interested in in this field.

1. How much bankroll can you afford to start with?

I think the amount of money I'm willing to spend with gambling on different types of games offline/online is probably around $500.

2. With your bankroll, how much expected profit do you anticipate in a year?

Usually I don't pay attention to this, but after losing/winning bets I always hope to be able to make a profit, but anyway, I only think about having fun betting profit not something I prioritize.

3. Will you be content with your profit? If not, have you considered increasing your bankroll, even if you cannot afford it?

Perhaps I am very happy with the things I have chosen as well as the experience of gambling. Even if I lose all my capital, I think that experience is worth the initial money value. So I don't need to spend more on gambling, because for me this is not a way to make money.

[Woodie]

I know there are bettors here who dream of investing in sports betting and hoping to consistently make money from it.

So, I'd like to ask the following questions:

1. How much bankroll can you afford to start with?

I think size of bankroll should matter less, if you can manage risk with a $100 account then $100K or a million should not change ones habit or style of gambling!

2. With your bankroll, how much expected profit do you anticipate in a year?

For a big account 10% is fine but for smaller accounts I would say 20% -30% is a good return provided you don't lose your initial capital...but never run the numbers for such a long period 

3. Will you be content with your profit? If not, have you considered increasing your bankroll, even if you cannot afford it?

It's easier to say so when funds aren't in your account,  but when you get to walk the talk then emotions could get the better of you which is why withdrawing any profits made is a must for me...

[Beparanf]

1. How much bankroll can you afford to start with?

First of all, I doubt most of us here will consider to become full on sports betting instead of having a job for secure profit but for the sake of hypothetical discussion my answer is as ff.

Maximum 1000$

2. With your bankroll, how much expected profit do you anticipate in a year?

Around 100$ to 500$ is my sweet spot for profit. I’m not expecting it but rather just a target profit.

3. Will you be content with your profit? If not, have you considered increasing your bankroll, even if you cannot afford it?

I will be contented on any profit because any profit is precious when it comes to gambling. Increasing the bankroll just to expect higher profit is nonsense because the outcome is still unknown regardless of our bankroll size.

[348Judah]

I know there are bettors here who dream of investing in sports betting and hoping to consistently make money from it.

So, I'd like to ask the following questions:

1. How much bankroll can you afford to start with?

I think size of bankroll should matter less, if you can manage risk with a $100 account then $100K or a million should not change ones habit or style of gambling!

2. With your bankroll, how much expected profit do you anticipate in a year?

For a big account 10% is fine but for smaller accounts I would say 20% -30% is a good return provided you don't lose your initial capital...but never run the numbers for such a long period 

3. Will you be content with your profit? If not, have you considered increasing your bankroll, even if you cannot afford it?

It's easier to say so when funds aren't in your account,  but when you get to walk the talk then emotions could get the better of you which is why withdrawing any profits made is a must for me...

One thing i also see about OP series of questions concerning bankroll is that we oursel cannot be too sure on what might comes in thereafter with the way we gamble, we cannot be precise about the bankroll to use in gambling because we are not going to be accurate about it, doing so may be that we are fallen short of the target or running fast above what we are planning for as bankroll, our mood and countenance are bound to change at any point of time while gambling just as gambling will always ever remain unpredictable, same approach goes along with our bankroll.

[Shamm]

For me, $20 is enough to bet on sports betting, especially if I bet too much. That $20 might still be there for a week or even more, depending on the match going on.

I never have expectations about how much profit I expect in a year. I am still far from other gamblers in that they definitely use more and can place bets with big money. That's why I only use small money to bet on sports betting.

At least I am satisfied with what I get from sports betting. I never thought about increasing the amount of money to bet. That would only increase my number of losses and I didn't want to do that.

$20 is quite big amount to gamble and if we said that we bet into sports bet then $20 is quite good enough cause he / shee will make a good profit once we are too lucky to hit the jackpot but if there's no self control then all I can say is that those gamblers who arebet beyonds his limitations then they loss a big amount of money once they can't control themselves . anyways gambling w emust know that it's better to gamble using our money who afford to loss.

[TheUltraElite]

1. I can start with 1000$ but why would I?
2. 10-30% if I am being humble. 100% if I am being greedy  
3. I would always be content with whatever I get.

Frankly speaking the term investment in sports betting should be made clear. I don't consider gambling as an investment but investing in the casino's bankroll is something that is useful as an investment but not gambling per se. Please do check out the first option although such casinos are dwindling in number.

[Wind_FURY]

I haven't thought about it this way. Is there a template that I can use to determine what the best amount could be used? Like in how many percent would be the best one?

A percentage of what? Your salary? I believe many posters in the topic might have misunderstood the word "Bankroll". In the context of the topic, a "Bankroll" is your "Capital" that's exclusively used ONLY for gambling. It should be separate from your savings, and especially separate from your monthly budget for bills and your necessities. It's not a "Bankroll" if it's money used from your savings account/monthly budget.

My additional question is, has anybody done this type of gambling in a year? And had resulted in profit?

This is probably the answer, but it didn't present citations from "the studies".

Different studies spit out varying results, but somewhere between 3-5% of all sports bettors are profitable in the long run. Some turn into very successful gamblers, while some only take home modest winnings each year.

https://sitpicks.com/what-percentage-of-sports-bettors-win/