The Offshore Wire Forum > Offshore Gambling Information > Offshore Sportbooks > what type of money management do you use. |
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TOW
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Date Joined Mar 2005
Total Posts : 1269
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Posted 4/6/2005 7:23 PM (GMT -4) |
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I must admit I am a degenerate when it comes to black jack......but my idea of degenerate is that i budget my max loss and eventually chase till I've used it all up. I'd never chase after that. |
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drunkguy
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Date Joined Mar 2005
Total Posts : 865
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Posted 4/6/2005 8:02 PM (GMT -4) |
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generally bet 1% of bankroll per play, will occasionally go up to 4-5%
I would recommend most people use a flat betting scheme
If you are in a situation where you can ACCURATELY estimate your edge, you can increase your wagers in proportion to your edge. Unfortunatley most people do not have a good enough handle on their expectation to do so.
I base my % only on the amount of money I have offshore. In other words I completely segregate my "bankroll" for other finances, and believe this is the best way to do it. Even when wagering on credit, I still make plays in proportion to that bankroll.
I don't bother with "streaks", either winning or losing. |
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bigboydan
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Date Joined Mar 2005
Total Posts : 2635
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Posted 4/6/2005 10:11 PM (GMT -4) |
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im not an aggressive type bettor at all. but, i'm not a conservitive either. i bet according to info i aquire.
if the info is top notch info, i bet it accordingly. if not, i will stick with a standard size bet. but, will not chase betting games but, will chase when i'm in a casino at the craps tables and or the track. |
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RPM
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Date Joined Jul 2005
Total Posts : 1972
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Posted 7/29/2005 8:50 PM (GMT -4) |
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usually its best to stick with a percentage of your bankroll. as your roll goes up, so does your wager amount. |
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asabace
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Date Joined Jul 2005
Total Posts : 120
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Posted 7/30/2005 1:07 AM (GMT -4) |
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i agree with Shaun and DG stick with a system, i also like to go on due factors |
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asabace
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Date Joined Jul 2005
Total Posts : 120
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Posted 7/30/2005 8:08 AM (GMT -4) |
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ya the due factor in a casino will have you chasing, ive learned my lesson
lets take florida for example in baseball, as of last week they just went on a streak of 10 in a row overs, with their pitching staff you know that wasnt going to last, i guess you just have to pick your spots |
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asabace
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Date Joined Jul 2005
Total Posts : 120
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Posted 7/30/2005 8:10 AM (GMT -4) |
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whats your advice...ride the streak...break the streak or lstay away from it altogether? |
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RPM
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Date Joined Jul 2005
Total Posts : 1972
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Posted 7/30/2005 3:08 PM (GMT -4) |
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DEPENDS on when you catch the streak. if a team has already won 10 in a row, i'd leave it alone. if I just happened to catch it from the first game, i'll ride it out. |
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RPM
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Date Joined Jul 2005
Total Posts : 1972
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Posted 7/30/2005 9:40 PM (GMT -4) |
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Same thing. if i catch it early, ill ride it. if not, i leave it alone. |
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