- My Forums
- Tiger Rant
- LSU Score Board
- LSU Recruiting
- SEC Rant
- SEC Score Board
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: 1/28/13 Basketball-old kelly k. and spreadsheets DO NOT WORK bet thread-NSFW
Posted on 1/28/13 at 9:25 pm to BGUT
Posted on 1/28/13 at 9:25 pm to BGUT
quote:
We shall battle through it!! I like to look at weekly results versus the daily approach.
The daily results was giving me ulcers! Week is early lets get it back little by little!!
or we could go 15-1 and get it back quickly
quote:
Mac, does your system account for teams that are on a long road stretch and are tired and weary?
home-road splits but I don't have anything in the formula about 4 games in 5 nights. can't just trust numbers, full-game picks take qualitative assessment as well (public consensus, match-ups, effort, fatigue, etc)
Posted on 1/28/13 at 9:26 pm to maclauer
FYI.. A little wisdom from sportscheetah. PART 1
Bankroll Creation &Management, The Importance of Locals, and Why Volume Matters
Bankroll Truth and Basics
There’s an ugly truth about sports gambling. Everyone preaches “bankroll management”. You’ve heard people say a million times “one unit should equal one percent of your bankroll”. The fact of the matter is that most people don’t have $10k of cash on hand they’re gambling with to make $100 wagers, and those that do are usually betting more than $100/game.
I subscribe to the 1% theory, but in a variety of methods. If you think that I’m comfortable having $30k (which is my effective bankroll) in 5Dimes, BetOnline, Bookmaker, etc…you’re wrong. Anyone that played online poker should know better than that.
I have no problem depositing a few grand, and building it up, and then withdrawing my profits monthly. If I bust an account, I can always deposit (Lord knows there are a million deposit bonuses).
The question is, how did I come up with a $30k bankroll? Did I start with $100 and grind my way up to $30k? I wish. The reality is that I have about $10k in cash spread between various sites. I have another $10k in credit at each of two locals. I have $20k in my savings account “earmarked” for gambling and fortunately I seldom have to tap into it.
When I bet a game, I traditionally spread my $300 bet between 3 sites (including local sites), assuming they all have the same line. If I’m getting a better line someplace else, I may put all $300 on one site, but I try and spread it out as much as possible.
Bankroll Creation &Management, The Importance of Locals, and Why Volume Matters
Bankroll Truth and Basics
There’s an ugly truth about sports gambling. Everyone preaches “bankroll management”. You’ve heard people say a million times “one unit should equal one percent of your bankroll”. The fact of the matter is that most people don’t have $10k of cash on hand they’re gambling with to make $100 wagers, and those that do are usually betting more than $100/game.
I subscribe to the 1% theory, but in a variety of methods. If you think that I’m comfortable having $30k (which is my effective bankroll) in 5Dimes, BetOnline, Bookmaker, etc…you’re wrong. Anyone that played online poker should know better than that.
I have no problem depositing a few grand, and building it up, and then withdrawing my profits monthly. If I bust an account, I can always deposit (Lord knows there are a million deposit bonuses).
The question is, how did I come up with a $30k bankroll? Did I start with $100 and grind my way up to $30k? I wish. The reality is that I have about $10k in cash spread between various sites. I have another $10k in credit at each of two locals. I have $20k in my savings account “earmarked” for gambling and fortunately I seldom have to tap into it.
When I bet a game, I traditionally spread my $300 bet between 3 sites (including local sites), assuming they all have the same line. If I’m getting a better line someplace else, I may put all $300 on one site, but I try and spread it out as much as possible.
Popular
Back to top
Follow TigerDroppings for LSU Football News