What’s Your Profit Goal in Sports Betting – 100% Daily or 10% Daily?

[mak013]

I would prefer don`t plan any numbers.
The best way is to follow your strategy. If i would get today 1% profit, tomorrow - 3% and next Saturday - 20%, it would be good week.

Or, this is a much better stratey. No hurry and you'll just gamble in a slower phase without having the needs to push yourself in reaching those gains that you're in sight.

The best plan is to make your job excellent. If it is so, you will get profit. But don`t think about numbers.
I had bad weeks, when i lost more than won, i had normal weeks, when profit was 2-5%, i had excellent weeks, when profit could double my bankroll. Just make your job and don`t care about numbers.

The worst thing in gambling you can do is to plan profit. It means that you will do your best to reach planned numbers. But the same time it means that you will increase risks, bets, etc. You will break your own rules.

Expectations hurt so much when they are not met. Having some high expectations can make one not appreciate small wins while still getting emotional unnecessarily. When a gambler plans ahead what profit he wants, it raises his expectations. If he doesn't get that or even got something below his expectations, it would hurt him.

Exactly. But this is not the only reason. The same time you need to make some changes to get planned profit. It can help you to get profit, but mostly you will make mistakes.

[bubilas]

If you had the chance to choose your own journey to be profitable in sports betting, which path would feel easier and more satisfying for you?

Let’s say you already have a decent bankroll, around $5000. Now, assuming you can raise that amount or you consider yourself already a “pro” gambler, would you…

1- Aim aggressively for 100% profit per day (double up fast but with higher risk)?
2- Or take the more conservative route and target just 10% profit per day, slow grind but safer?

What would be your goal profit in this case? Do you think consistency matters more, or is going big worth the risk when the opportunity is there?
Curious how the community here would approach it.

I think the answer here is clear and obvious, of course, these are the words about 10% profit per day, because I think that even such an increase to the deposit is extremely huge and practically unrealistic.
I'm not sure that in many gambling games it will be possible to get even these 10%, not to mention the answer option with 100 percent, because luck may be today, the day after tomorrow, another week - not on your side.

And even if after several such unsuccessful days there is a win, it is not a fact that it will be able to cover the average plus 10% per day.

[tabas]

Or, this is a much better stratey. No hurry and you'll just gamble in a slower phase without having the needs to push yourself in reaching those gains that you're in sight.

The best plan is to make your job excellent. If it is so, you will get profit. But don`t think about numbers.
I had bad weeks, when i lost more than won, i had normal weeks, when profit was 2-5%, i had excellent weeks, when profit could double my bankroll. Just make your job and don`t care about numbers.

As much as I want to execute the best plan and make it an excellent one, we know that in sports betting it's not always that we get a good day. So no matter how good we are, there's always the time that we'll have some losses. And as much as we want to avoid the numbers, that's actually the goal and subject of what OP has brought so it's kind of important but if it goes that way as you've said, much better to look at that perspective so it won't bother chasing numbers.

[mikel_012]

I know that it is pretty much impossible, it is something one could only hear about from ponzi schemes and other fraudulent schemes with extremely high yields, though of someone is good enough at sport betting to get such level of accuracy and get ten percent of their bankroll each day, then  it would be just a matter of time the odds of the market would be affected by that single person betting, because of the size of the bet.
Even one percent per month would be suspicious, as it was the yield offered by the biggest fraudster in history, Bernie Madoff.

If you sports bet it's a bit possible because even a 1.01 odd means 1% profit. The problem is when you lose and need at least a 2.0 odd on top of the original value to recover everything, which is why you can't just go all in with every bet, even the smallest odd will fail one day because otherwise it would be free money and no one would need to work anymore.

[Gozie51]

If we are to ask everyone, we will all desire to get 100% profit marginalization each day in gambling, because i don't think there is anyone that will be interest to lose a game for nothing, aside the fact that we may not be after the money to make form it, but the ability of always been at the winning edge each time we are gambling, but to an extent, we should also look at the risk in this situation on how possible it is, can we often achieve same as we have thought.

At every point, it is always better to stay with a steady with winning strategy and go on the bankroll in a manner that when we lose, it won't take away all that we have won. Being consistent with the rate of winning and profit is better to go in all and regret from that. There is no perfect game to bet in gambling especially sports betting, very ridiculous odds that are small have spoilt winning game while bigger odds that you don't expect to be successful because it is gambling and not always predictable.

[AVE5]

Let’s say you already have a decent bankroll, around $5000. Now, assuming you can raise that amount or you consider yourself already a “pro” gambler, would you…

1- Aim aggressively for 100% profit per day (double up fast but with higher risk)?
2- Or take the more conservative route and target just 10% profit per day, slow grind but safer?

What would be your goal profit in this case? Do you think consistency matters more, or is going big worth the risk when the opportunity is there?
Curious how the community here would approach it.

Either aiming 10% or the 100% isnt as easy to be achieved on the consistent. What matters now is how you can manage that $5,000 bank roll to explore or be sustainable in the long term which success can be achieved by minimizing your risks by aiming lower percent returns. So 10% will be okay in a scenario like this.
I agree that sport bets are games of uncertainty especially where two big teams meets or small teams meets. So where a 10% profit rates isn't possible to achieve on the daily, the risk will be higher if aim 100%.

[LogitechMouse]

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2- Or take the more conservative route and target just 10% profit per day, slow grind but safer?

What would be your goal profit in this case? Do you think consistency matters more, or is going big worth the risk when the opportunity is there?

Same with how I am investing, I think I will go the safer route as well, and will choose the "slower and safer" approach.

Aiming for a 10% profit per day is more realistic than the 100% profit per day. We know that not all the time we are lucky so having that safer approach is better at least for me because what if today isn't our lucky day? Then we can still have money to use for another day. In sports betting, analyzing could help you make better decisions in your bets, but that doesn't mean that you will win 100% of the time.

Also to make this more safer, I'll just always choose the favorites on that match to have at least higher chances of winning.

[Africolo]

Playing with such targets just puts unnecessary pressure on the player to play recklessly in trying to make some profit,  besides gambling is not so easy to think everyday will be the same and paying you with some profits...besides for ones mental wellbeing,  I wouldn't advice anybody to go this route,  play for fun without any kind of target's.

Go out there and have some fun  

The disadvantage about going smaller odd and big stake is one bad day is enough to wreck 5 days of non-stop profits.

10% of $5000 is $500 x5 is $2500

One day wrong bet and the $5000 capital is gone, you're only left with $2500. Can't even take risks so what's the fun

[Samlucky O]

Let’s say you already have a decent bankroll, around $5000. Now, assuming you can raise that amount or you consider yourself already a “pro” gambler, would you…

1- Aim aggressively for 100% profit per day (double up fast but with higher risk)?

Well it depends on the situation, sometimes I may gamble aggressively when I have enough bankroll to gain %100 profit  but when bankroll is lesser I may as well chose to double up fast with the high risk. So actually it depends on situation as all situation can never be thesame.

2- Or take the more conservative route and target just 10% profit per day, slow grind but safer?

Well this looks cool by saying but it may be difficult in reality and in the long run, but however if this is available then it will be good since it involves low risk and low return it will be a good and sustainable long term game.

[r_victory]

Imagining this is possible (in the real world it is not)

I choose 10% daily. It's better to earn a little each day than nothing. With lower risk, patience and prudence are the keys to success in this situation. I'm the same with investments; I prefer lower risks and a reasonable profit in the long run, rather than taking too much risk and suffering an irrecoverable loss.

[Versatile_choice]

What would be your goal profit in this case? Do you think consistency matters more, or is going big worth the risk when the opportunity is there?

Whichever you choose among this two options is not actually bad, but in a situation like this I think betting slow and steady is the right option to go for, rather your profit is going to be little compared to when you're going Big. but I'm not a greedy gambler so I would prefer being consistent because if you decide to go big your bankroll won't last long, Because some gamblers can decide to be going with $500 or even more and sometimes we gamble for like 7 to 8 times before luck can still get to us. But when you're betting consistently with a little amount I'm sure you won't gamble with the whole money so easily.

[JiiBs]

As much as I want to execute the best plan and make it an excellent one, we know that in sports betting it's not always that we get a good day. So no matter how good we are, there's always the time that we'll have some losses. And as much as we want to avoid the numbers, that's actually the goal and subject of what OP has brought so it's kind of important but if it goes that way as you've said, much better to look at that perspective so it won't bother chasing numbers.

The topic might have centered it all on sports betting but, it’s extensive to gambling as a whole. However, with sports betting being the one place you could be some means be able to pre-determine just how much you hope to win by odds and stake, you really get the chance to predict right. I don’t really have a percentage daily but, should I see odds that brings me 30% to my original stake and maybe more, that’s a good profit margin.

[blockman]

The disadvantage about going smaller odd and big stake is one bad day is enough to wreck 5 days of non-stop profits.

10% of $5000 is $500 x5 is $2500

One day wrong bet and the $5000 capital is gone, you're only left with $2500. Can't even take risks so what's the fun

The fun isn't there and the safer route is still the best choice if there's a goal. So, this solely is in sports betting and both are doable. But we know to ourselves if we're so good in it and I think that the best ones have got a lot of money to stake and lose. However, to the normal folks like us that don't have that much to bet on, given the amount of bankroll for this condition. Many might choose to take it slow and bet only with a couple of bucks for every match that they'll bet.

[bubilas]

Imagining this is possible (in the real world it is not)

I choose 10% daily. It's better to earn a little each day than nothing. With lower risk, patience and prudence are the keys to success in this situation. I'm the same with investments; I prefer lower risks and a reasonable profit in the long run, rather than taking too much risk and suffering an irrecoverable loss.

And this is an absolutely correct conclusion that should be chosen by any person who has experience in investing or has experience of at least fully controlled self-government in gambling.
I tried to imagine a case in which the desire to quickly receive 100% of the deposit would be justified, and probably the only such case is if you need to give the money back very quickly, otherwise there will be problems with the bank.

[_act_]

I choose 10% daily. It's better to earn a little each day than nothing. With lower risk, patience and prudence are the keys to success in this situation. I'm the same with investments; I prefer lower risks and a reasonable profit in the long run, rather than taking too much risk and suffering an irrecoverable loss.

I will choose none because I am not looking for daily profit from gambling sites. I have realized that even thinking of making money from gambling sites is also a red flag because such person will lose money instead. As someone can fall for high odds in short term term, so can someone fall for low odd in a long time but not that long term. I have gone for high and low odd before and both are like the same. I gamble weekly and that is during weekend and not daily.

[mak013]

Or, this is a much better stratey. No hurry and you'll just gamble in a slower phase without having the needs to push yourself in reaching those gains that you're in sight.

The best plan is to make your job excellent. If it is so, you will get profit. But don`t think about numbers.
I had bad weeks, when i lost more than won, i had normal weeks, when profit was 2-5%, i had excellent weeks, when profit could double my bankroll. Just make your job and don`t care about numbers.

As much as I want to execute the best plan and make it an excellent one, we know that in sports betting it's not always that we get a good day. So no matter how good we are, there's always the time that we'll have some losses. And as much as we want to avoid the numbers, that's actually the goal and subject of what OP has brought so it's kind of important but if it goes that way as you've said, much better to look at that perspective so it won't bother chasing numbers.

When i just planned to start the game, my plan was to compare my monthly profit with my salary. But compare not only salary/profit, but also time expenses. Good result for me would be 50% of salary for the same time expenses after two months of the betting. In such way i can calculate is it a good/effective way of spending time or it would be better to stop the game and spend time in some other way.

[Africolo]

The disadvantage about going smaller odd and big stake is one bad day is enough to wreck 5 days of non-stop profits.

10% of $5000 is $500 x5 is $2500

One day wrong bet and the $5000 capital is gone, you're only left with $2500. Can't even take risks so what's the fun

The fun isn't there and the safer route is still the best choice if there's a goal. So, this solely is in sports betting and both are doable. But we know to ourselves if we're so good in it and I think that the best ones have got a lot of money to stake and lose. However, to the normal folks like us that don't have that much to bet on, given the amount of bankroll for this condition. Many might choose to take it slow and bet only with a couple of bucks for every match that they'll bet.

Testing your knowledge and pundit skills on sports you love and taking risks trying to hit higher rewards, going against the bookies favorites markets and against all odds with the little amount you can afford to lose is what makes it fun.

$5k bankroll is what $50 bankroll is to some of us. There are levels to things so it's good to know where you belong. High risk, low stake 

[rachael9385]

What would be your goal profit in this case? Do you think consistency matters more, or is going big worth the risk when the opportunity is there?
Curious how the community here would approach it.

Setting fixed profit sometimes very dangerous because you are forced to gambling until you hit your target profit while there’s always a time that we are so unlucky to encounter losing streak.

That small target profit sometimes will result to total loss of your bankroll if you become tilted on chasing profit that turns out on chasing losses.

Personally, I preferred a random profit percentage but mostly depending on my mood if I already have enough of gambling for the day. Gambling is for entertainment purposes onky so we shouldn’t expect a consistent profit from it.

I agree, it's very dangerous to set a fixed amount when it comes to gambling. Gambling like you said is for entertainment and not an investment whereby you set a target to get a particular amount that you must make. Most people that do this are driven by this targets that they set for themselves and at the end of the day they end up losing because of their high expectations that they placed on it

[Africolo]

I agree, it's very dangerous to set a fixed amount when it comes to gambling. Gambling like you said is for entertainment and not an investment whereby you set a target to get a particular amount that you must make. Most people that do this are driven by this targets that they set for themselves and at the end of the day they end up losing because of their high expectations that they placed on it

It is called a "Challenge" in sports gambling if you're targeting a fixed odd with a fixed amount to achieve a certain profit margin. Is it not dangerous as the chances of winning with smaller odds are always higher.

[Asiska02]

If you had the chance to choose your own journey to be profitable in sports betting, which path would feel easier and more satisfying for you?

Let’s say you already have a decent bankroll, around $5000. Now, assuming you can raise that amount or you consider yourself already a “pro” gambler, would you…

1- Aim aggressively for 100% profit per day (double up fast but with higher risk)?

Why aim aggressively when I can easily get to lose the money with one wrong move. The goal is to hit the jackpot one day but risking more than what we can afford to lose makes us a failure just even before we embark on the journey. Risking to earn 100% profit should at least come when you’ve made more than enough of your capital and will want to risk all in to hit the jackpot.

2- Or take the more conservative route and target just 10% profit per day, slow grind but safer?

What would be your goal profit in this case? Do you think consistency matters more, or is going big worth the risk when the opportunity is there?
Curious how the community here would approach it.

I will go for this because it is the best and safest approach one can use to remain in the game for far too long. The chances of winning are not much, to get to win at least once in a while is to stay consistently playing. Aiming for 10% daily and risking only 2% is a good bet that will make you stay profitable in the long run maintaining a good risk management. And for every time a win comes, it covers for five losses which is a good risk management to be employed.