Making the Most of $100 bankroll

[stomachgrowls]

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?

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.

[Hirose UK]

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?

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.

[danherbias07]

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.

[Poker Player]

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.

[kotajikikox]

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,

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 .

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?

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

[noormcs5]

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?

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.

[Solosanz]

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.

[Wexnident]

~

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.

[Reid]

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.

[GigaBit]

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?

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.

[Maus0728]

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.

[Don Pedro Dinero]

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, $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.

[bluebit25]

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?

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.

[ethereumhunter]

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.

[Marvelman]

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

[Fortify]

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?

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.

[leonair]

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?

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.

[Gaza13]

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 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.

[AHOYBRAUSE]

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.

[Crypt0Gore]

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?

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.