Math Question

SSI · Sep 20, 2007

If you started with a $500 Bankroll and made 50 bets per month and you could go (30-20) monthly (60%)...... what %%% of your bankroll, would you have to bet on each game to double the bankroll every 30 days.......

this would allow for playing "one per day" and 2 or 3 on saturdays and sundays but all would be in a "One at a Time" format... assuming (-1.10) juice...

Iceman · Sep 20, 2007

14% of your bankroll. I did that fast

Romanowski · Sep 20, 2007

are you assuming flat betting with a %

SSI · Sep 20, 2007

flat betting yes, adjusting after every bet......

thx Ice, i was guessing around 15%.....

SSI · Sep 20, 2007

so this would be bet 1:

padres/pirates over 9 (-1.10) $70 to win $63...

Doug · Sep 20, 2007

Trying the modified Fezzik 60%,eh ?

SSI · Sep 20, 2007

not really, i dont want this to interfere in my regular wagers........ ive just always thought about, giving this a shot with a little side money....... doubt i do it............ i did turn this in but i already have $300 on it anyway, so now i have $370 or so....... my plays are posted and have been all month...... maybe ill do it...... how much will i have in a year, if i can do it every month.....

back later......

goodcall · Sep 20, 2007

if you're adjusting after every bet, there's no way to double your bankroll going 30-20

goodcall · Sep 20, 2007

if you stick with one percentage throughout a month, to double your bankroll if you go 30-20 you'd go with risking 13.75% to win 12.5%...in this case $68.75 to win $62.50

buddyboy · Sep 20, 2007

52.4% to BE

at a 60% win rate WITHOUT raising the bet amount you'd double up in 10 months at 50 bets per month (approx)

SSI · Sep 20, 2007

ok, im confused....... if i play exactly (14%) of my bankroll on every play and i go (30-20), will i not double it -- after the 50 plays.........

the bet amount would change after every bet, depending if you won or lost the previous bet......... staying at 14% of bankroll per bet.........

SSI · Sep 20, 2007

im probably not going to do it but i sometimes like a challenge....

i did play the extra $70 on the padres/pitt over 9 (-1.10)............. so goodcall its close to the amount that you posted...... i dont think ill worry about the $68.75, ill call it $70 to win $63.......

goodcall · Sep 20, 2007

SSI said:
ok, im confused....... if i play exactly (14%) of my bankroll on every play and i go (30-20), will i not double it -- after the 50 plays.........

the bet amount would change after every bet, depending if you won or lost the previous bet......... staying at 14% of bankroll per bet.........

nope...you'd end up with 178.17% of your starting bankroll...or $890.86 if starting with $500

SSI · Sep 20, 2007

what about (15%)........ i asked in the original question, what %%% id need to double a $500 bankroll --- every 30 days,,,,,,,, assuming you could go (30-20) against a (-1.10).......

goodcall · Sep 20, 2007

goodcall said:
if you stick with one percentage throughout a month, to double your bankroll if you go 30-20 you'd go with risking 13.75% to win 12.5%...in this case $68.75 to win $62.50

I meant to write "if you stick with one amount" here

in other words, you'd need to keep betting $68.75/$62.50 for the 50 plays no matter what your bankroll changes to. after the 50 plays, you can re-calculate your bet amount

goodcall · Sep 20, 2007

SSI said:
what about (15%)........ i asked in the original question, what %%% id need to double a $500 bankroll --- every 30 days,,,,,,,, assuming you could go (30-20) against a (-1.10).......

if you bet a percentage of your bankroll...and just keep betting the percentage instead of a set amount, there's no way to double by going 30-20

SSI · Sep 20, 2007

got it............ but what if i recalculate after every play? the bankroll will then, more than double (correct?)

SSI · Sep 20, 2007

why would it not more than double, the bet size would increase over the ($68.75).......

goodcall · Sep 20, 2007

14% gets you $891
15% gets you $897
16% gets you $899
17% gets you $897
18% gets you $891

SSI · Sep 20, 2007

nap time, that last post really got me.......

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