Bankroll!

[Westinhome]

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.

If you start with more capital,the possibility of winning will be more in the gambling site.Because you can get many chance of winning in the gambling site if you do multiple bets in the gambling site.If you strict with 10-20% of money and that money is 10-30$,then you can bet in the less bets.So the probability of winning will be low for you in the gambling sites.

The sports betting or casino was based on the knowledge of you in the sports and probability.If you had good analytical skill,the casino will be the better option compared to the sports bet.The greedy should be take care in the gambling,because the greedy gamblers will be the loser all the time.

[OgNasty]

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?

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

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

I never really think of gambling as me having a bankroll to play with. I just make wagers appropriately for the event in order to increase my entertainment value. Sometimes that might be a lot or sometimes that might be a small amount, but I never have a specific pot to gamble away that I’ve set aside for it. That almost seems forced.

[Rufsilf]

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 are 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.

Yow when you invest yourself into sports betting whether it is online or real, It can still consider gambling and we all know that gambling is fun and at the same time you can earn a profit from it.

Mind you that sports betting is not a waste of time, he just chose to have fun even though the probability of him winning is low. We all know that when we watch sports specially if there is a financial stake involve it brings more excitement for us as well as we are being  entertained.

But then as the nature of gambling is unpredictable sadly you cannot predict the outcome of the game. That is why we should not rely on it as our source of income and only play during our leisure time. I mean it's not bad to dream and hope that luck will come to us and maybe someday we win.

[bitbollo]

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.

It's true that the second option is more painful but does managing your bankroll only mean always playing the same amount on each bet? I don't think so, on the contrary... I believe that an elastic rule is always the best option for managing any type of betting option

[LUCKMCFLY]

What I find is that saying figures is very Difficult to do something , first because a person has to be willing to lose a money in sports betting, in every game, in every casino one is allowed many moves, and this is something that is always known. can be done very Easily, I believe that when we are betting on sports we have to be very sure of our Bets , because to say how much we can win is very difficult, we would have to have an Absolute truth, and this is difficult, because we are people. of trial and error, and although I consider that the activity of sports betting is very similar or rather analogous to trading, because it implies knowing , in trading you cannot gamble because it would be irresponsible, you cannot invent with that , So things have to be very Careful with Money , because money in a casino is everything, and in a sports bet too.

If we decided to Venture into sports Betting, at the moment I would only leave 100usd and those 100usd as a supiociion. My goal would be to raise it to 200 in 1 month , and that is possible , if my analyzes are correct it Could be achieved, but I would have who chooses only 1 sport, at most it can be with boxing or Sometimes with the same UFC fight , which in my opinion is the most you can generate a lot of money with that, therefore, in the case of doing any type of movement, I can go more to train with respect to the sports that I like the most and that I master the most, such as those, otherwise I don't see the need for another sport, because it's like my people say, "He who covers a lot, doesn't squeeze much" and even so In sports they seem easy, but they have their Science, their way of doing things and their secret that for everyone there is always something that can be generated, always taking into consideration something Extraordinary , Like luck for Example.

[Distinctin]

It's true that the second option is more painful but does managing your bankroll only mean always playing the same amount on each bet? I don't think so, on the contrary... I believe that an elastic rule is always the best option for managing any type of betting option

There are different ways or technique to manage the bankroll effectively, and the main goal here is just to keep this bankroll grow, or at least make it last longer if you fail with sports betting.

For me, the easiest and the most effective is the flat betting type, like allocating a certain percentage on your bankroll, however, as you keep gambling and you already are convince you can be profitable, it would be dumb of you if you won't think of increasing of bankroll, so most likley it will change as the longer you gamble, you'll become more aggressive with how you manage it.

[Juse14]

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.

Gamblers are always more curious, even if they lose most of the time. The feeling keeps pushing them back into gambling.
And when a person is too addicted to gambling, it is difficult for him to be able to return to thinking that gambling is about fun.


And to know that gambling is risky, do we have to experience a big loss first? I think without having to try and experience it, we will know about the risks, through an experience or an incident that happened to someone else. And people who think that gambling can provide them with benefits, most of them experience the opposite, where this gambling activity becomes a truly detrimental activity

[mirakal]

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?

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

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

I never really think of gambling as me having a bankroll to play with. I just make wagers appropriately for the event in order to increase my entertainment value. Sometimes that might be a lot or sometimes that might be a small amount, but I never have a specific pot to gamble away that I’ve set aside for it. That almost seems forced.

By mentioning entertainment value, that means you are only betting on few games that you could watch? Well, if that's what you're into, then I guess it's good since after all, we all want to be entertain watching our favorite sports, betting is just adding some thrill unto it but it's not for everyone if the topic is about making profit in the long run.

Most gamblers probably sees bankroll as a per session bankroll, what I'm bringing up on this topic is a bankroll for long term.

Perhaps there are sports bettors out there who treat their bankroll like that.

[junder]

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?

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

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

I never really think of gambling as me having a bankroll to play with. I just make wagers appropriately for the event in order to increase my entertainment value. Sometimes that might be a lot or sometimes that might be a small amount, but I never have a specific pot to gamble away that I’ve set aside for it. That almost seems forced.

By mentioning entertainment value, that means you are only betting on few games that you could watch? Well, if that's what you're into, then I guess it's good since after all, we all want to be entertain watching our favorite sports, betting is just adding some thrill unto it but it's not for everyone if the topic is about making profit in the long run.

Most gamblers probably sees bankroll as a per session bankroll, what I'm bringing up on this topic is a bankroll for long term.

Perhaps there are sports bettors out there who treat their bankroll like that.

A person who bets on gambling has a different point of view, there are those who are looking for entertainment only and people like this tend to do gambling naturally, I mean people like this usually won't do gambling excessively because they know this is not a place to make money but a place for entertainment based on paid games. Different from people who have the point of view of wanting to seek profit in gambling. indeed everyone wants profit but if they force themselves to seek profit in gambling it is wrong, because if with such a view it will usually make someone crazy about gambling or what is called addiction, especially if it is done in the long term, this can destroy someone's life.

And I think it's just a matter of different perspectives and ways of thinking that have led to a lot of discussion about bankrolls and gambling.

[dezoel]

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.

So, $20 is going to be your maximum bankroll? That seems acceptable for a poor gambler like me. For that amount to last for a week or so, you must be very lucky to win or just break even. Playing rarely and playing small amounts will also be a reason for it to stay longer.

I think it's okay to have expectations but just don't over do it, or over think about it. And just say that even if it won't happen, you will still be alright. Don't copy others if they are betting high. You won't know, what if they are earning more, than yours? And they could also handle the stress when they lose it. There are still gamblers who aren't like that and yet, tries to bet high. Well, good luck to them.

[michellee]

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.

So, $20 is going to be your maximum bankroll? That seems acceptable for a poor gambler like me. For that amount to last for a week or so, you must be very lucky to win or just break even. Playing rarely and playing small amounts will also be a reason for it to stay longer.

I think it's okay to have expectations but just don't over do it, or over think about it. And just say that even if it won't happen, you will still be alright. Don't copy others if they are betting high. You won't know, what if they are earning more, than yours? And they could also handle the stress when they lose it. There are still gamblers who aren't like that and yet, tries to bet high. Well, good luck to them.

Yes, if I use more than $20, I'm afraid it will make me want to use more money, especially if I lose in the gambling game. I often maintain that amount during the week and I try to really limit his gambling time. That way, I can save and not use excess money in gambling.

Playing gambling in small amounts is enough for me, especially if I place bets on sports betting. I don't place more than $3 on a single sports bet and only on a few sports bets I know of. So I still have money to gamble another day and can use it to play slots.

We have to determine the bet amount and not look at other people's bets. They place higher bets because they have more money than us. So we must be able to limit the use of money for gambling to reduce the number of losses.

[wiss19]

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 bettors themselves. That is what they @OP mean there. And I think there is no such thing as investing in sports betting. I mean literally, like investing in casinos bankroll. There are way too many people who are playing gambling. The growth of the gambling places are a proof to that. Therefore, there were actually lots of people who are going to do this. If you think you don't see these types of people.

Well, this thread is already a start for you to see them. The amount you use are not small to the most of us (I believe). But, go ahead if you think you can afford it. Maybe you are only earning more than to the most of us.

[Solosanz]

Playing gambling in small amounts is enough for me, especially if I place bets on sports betting. I don't place more than $3 on a single sports bet and only on a few sports bets I know of. So I still have money to gamble another day and can use it to play slots.

We have to determine the bet amount and not look at other people's bets. They place higher bets because they have more money than us. So we must be able to limit the use of money for gambling to reduce the number of losses.

Yep, but unfortunately the problem with current generation is they're always like to compare what they have to what people have. When other people have more than them, they think they're not enough and not happy with that, so they will try to gamble as big as the high roller in order to impress other people.

This problem can't prevented because everyone have their own cell phone and they can access it whenever they want.

[michellee]

Playing gambling in small amounts is enough for me, especially if I place bets on sports betting. I don't place more than $3 on a single sports bet and only on a few sports bets I know of. So I still have money to gamble another day and can use it to play slots.

We have to determine the bet amount and not look at other people's bets. They place higher bets because they have more money than us. So we must be able to limit the use of money for gambling to reduce the number of losses.

Yep, but unfortunately the problem with current generation is they're always like to compare what they have to what people have. When other people have more than them, they think they're not enough and not happy with that, so they will try to gamble as big as the high roller in order to impress other people.

This problem can't prevented because everyone have their own cell phone and they can access it whenever they want.

That's the problem because if they only compare what they have with what other people have, they will only feel less and want more from other people. The current generation may be more emotional because there is a desire to have more, even in many ways. But they don't see whether it is good or bad for them.

And that's why we never feel satisfied with what we have. That's dangerous because we will keep chasing what we want even though we know we can't get it. But because a desire makes us unable to see our abilities.

When playing gambling, we really have to have good self-control so that we don't pursue something difficult. We don't need to use more money just because we want to win. Getting a win from gambling is not easy and we have to sacrifice more money even though that doesn't guarantee we can win.

[Mauser]

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

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

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

Question 3 is a clear no for me, I will always gamble within my means and not spend more than I can afford to lose. I can't understand people that would gamble and recklessly, it just doesn't make any sense. Let's you are profitable at sports betting, why would bet more than you can afford. Just wait a few months and build up your bankroll from your winnings. And if you are not profitable then any additional spending will just increase your losses. As for the profit, I don't have a particular profit that I am aiming for, every win is great and I appreciate it. My focus is more on the risk, I want to avoid losing large sums of my bankroll. My bankroll depends on the type of game I play, for poker I have 500 USD and I only withdraw when I go above 1,000 USD. For sports betting I usually stick to 100-200 USD, except if there is big tournament then I might bet a little more.

[TheUltraElite]

The sports betting or casino was based on the knowledge of you in the sports and probability.If you had good analytical skill,the casino will be the better option compared to the sports bet.The greedy should be take care in the gambling,because the greedy gamblers will be the loser all the time.

Sports does takes skills but that luck factor can wipe you out any time. It is the essence of gambling, you cannot guarantee your win even after honing your skills over years. The poker players are often quoted about this but they often have side businesses running which earn cumulatively more than poker itself. Hence whatever bankroll you end up keeping you will have to limit yourself or else you will bust it all.

There is no hard and fast rule regarding this but 10% is what I usually recommend.