Money Management

Elephant · Apr 1, 2005

I would like some advice on Money Management for betting MLB Dogs only, what would be the best betting strategy;

Betting a certain percent (say 2% as an example) of your starting bank and then keeping this stake amount the same for the whole season, or;

Betting a certain percent (lets say 2% again) of your starting bank but as your starting bank goes up or down you adjust your stake, up or down, to remain at ' 2% ' of your current bank, or;

Betting a certain percent (lets do the 2% again) of your starting bank but only increasing your stake when your bank has increased by 25%, never reducing your stake.

These are the 3 options I am looking at this season and would appreciate any advice, also if anyone has any other staking plan I would love to hear about it.

Cheers :drink:

Elephant

RPM · Apr 1, 2005

personally, i think its best to raise your stake as your roll increases, but there are a lot of sharper guys than me around to answer this.

UWinSports · Apr 1, 2005

Elephant said:
I would like some advice on Money Management for betting MLB Dogs only, what would be the best betting strategy;

Betting a certain percent (say 2% as an example) of your starting bank and then keeping this stake amount the same for the whole season, or;

Betting a certain percent (lets say 2% again) of your starting bank but as your starting bank goes up or down you adjust your stake, up or down, to remain at ' 2% ' of your current bank, or;

Betting a certain percent (lets do the 2% again) of your starting bank but only increasing your stake when your bank has increased by 25%, never reducing your stake.

These are the 3 options I am looking at this season and would appreciate any advice, also if anyone has any other staking plan I would love to hear about it.

Cheers :drink:

Elephant

What the Phuck. Why do so many people think you got to bet dogs only. Its like any sport. You have to pick the winner. I have seen so much talk about betting the BoSox this Sunday. Not this kid. I like Randy.

Elephant · Apr 2, 2005

AnthonyRichkas said:
What the Phuck. Why do so many people think you got to bet dogs only. Its like any sport. You have to pick the winner. I have seen so much talk about betting the BoSox this Sunday. Not this kid. I like Randy.

OK let's forget the Dog bit. The question was about a staking plan, surely it should be the same MLB/NBA/NFL dog or fav :icon_conf

Woody0 · Apr 2, 2005

Regarding your staking plan I think a constant percentage of current bankroll maximizes gain and minimizes risk compared to the other strategies.

Fezzik · Apr 2, 2005

Agree, best option of 3 bad options.

If someone gave you the Red Sox +340 game 1, surely you would bet more. You get my point.......load up on key games you like AND where you get great rogue lines.

Money Management

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