1st post and some questions

Burgh86 · Sep 17, 2005

Hi, I post on some other sports forums. Just joined RX, I've never gotten a definitive answer to these questions (if there is one). Please answer them/give opinion:

What % of your bankroll did you wager on each play?
Do you vary your bet sizes, or did you use a flat betting unit for each play?
Do you ever vary your bets even if you use a flat betting system, such as betting 2 or 3 units on one or 2 games a week you really liked?
Do you handicap using trends more so then situational and/or fundamental handicapping?
Do you ever use systems just based on data for handicapping?

I am interested in this because sports bettors bet differently, they use different bankroll management and some win and of course some don't. I don't post much here but I do at other sports boards and people are successful varying their bets (still with some sort of BR management unit system) and those that do flat betting are also successful. I personally think flat betting is the way to go and maybe occasionally varying your bets on plays you feel great about. This is just how I've bet on the NFL so far with success however.

I hope to get alot of replies to this thread. I am looking for advice and I'd love to hear what everyone has to say. I bet the NFL on and off and do well with it, I've made most of my money from being a poker prop however I'd like to bet more money on sports. At, 2+2 there was a post in the "sports betting forum" that discussed sports forums and several replies were "The RX is the best and it is not even close." I've since checked out the site and the forum, and yes it isn't even close! This site has a wealth of information, contests, bonuses, everything. I'm glad I found it.

Thank you for reading and answering, I hope to contribute.

Fishhead · Sep 17, 2005

Welcome to TheRx Burgh86

My first suggestion to you is try using the search engine here at the RX forums to find information that you are looking for.

There is a TON of information contained in the archives here that will highly inform you and make you a better sportsbettor.

To answer your question very briefly, you are correct in stating many successful sportsbettors use different methods, including but not limited to how they manage their bankroll.

Having been in this business for 25+ years and having been mildly successful, here are my suggestions on a few things..............

First and formost, have a gambling BR that is used just for that and nothing else...........this is your ammunition you are taking to war. Your personal assets should left back home in a safe environment never to be harmed or used...........BUILD on your current bankroll!

Most successful bettors will instruct you to never wager over 5% of your current bankroll on one risking option...............and for me personally, it is much lower than that and lower than most(under 2%). There will be times where you feel you have such an advantage, that you may risk more than your norm on a wager...........I am talking wagers where you have a DEFINITE AND DEFINITIVE EDGE!

As far as UNITS wagered, again this is a BROAD subject.........again, personally speaking, I start each SPORT SEASON with a MINIMUM amount that I have decided to wager on each game and never go lower than that. Again, this is a topic that a 299 page book could be written about. Another reason to use the search engine here.

To answer your next question on trends..........I think it is almost impossible to make an thorougly educated wager without looking at not only trends, but situational and fundemental aspects of a game and everything involved with a game..............one of my favorite all-time sayings is "A NO wager is a GOOD wager", as you have lost nothing. If you find any tidbit that you may question yourself about a game later after it loses................PASS ON IT. As Lem Banker says "they play the Star Spangled Banner everyday".

Anyway, I can ramble forever, but there are others here that will give you great advice in this thread...............and as I mentioned, try the search feature.

Again, welcome to TheRX and enjoy your stay around here.........I promise you that you will become a more educated bettor with your willingness to learn.

-FISHHEAD-

wilheim · Sep 17, 2005

Burgh86, welcome to the Rx. I hope you enjoy the site.

Personally I believe in a % of bankroll system ranging from 1% to as high as 5% (on rare occasions) depending on how strongly I feel.

I'm sure you will get some excellent feedback to your well thought out question.

Best of Luck, wilheim..