Bankroll! - page 5. | Bitcointalksearch.org

alani123

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Quote from: mirakal on December 11, 2023, 01:16:59 AM

I know there are bettors here who dream of investing in sports betting and hoping to consistently make money from it.

So, I'd like to ask the following questions:

1. How much bankroll can you afford to start with?

2. With your bankroll, how much expected profit do you anticipate in a year?

3. Will you be content with your profit? If not, have you considered increasing your bankroll, even if you cannot afford it?

1. At a maximum I try to bet with 1% of my monthly income and a hard limit would be 5% but no more after that win or lose. If I win I set a rule to cash out though.
2. Not expecting anything. I am telling myself that in order to gamble in a healthy manner I must do it for fun and not chase profits. Yes, I might win, but that's a byproduct of playing for fun and in case it happens I just cash out and don't think about it much.
3. Sometimes if I hit a big winning streak, I will not put any of my salary income in the casino and just only cashout part of the profits to play with the rest. The more this happens the better. Cheesy

Zanab247

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Quote from: mirakal

1. How much bankroll can you afford to start with?

I only budgeted $4 daily in my gambling which I know that it will go a long way to keep me to experience profits and losses which are 2 major thing you cannot miss in sports betting either you win from you bet or lose from your bet.

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3. Will you be content with your profit? If not, have you considered increasing your bankroll, even if you cannot afford it?

Yes, am very content with what I earned in my gambling because moreover I gamble to have some fun that will make me to forget some things that happened in my office that is causing my depressed because the moment I begin to watch some of my favorite team and see them winning a particular team i predicted for, give me more Joy through out the day. Nothing will make me to increase my bankroll in betting because I budgeted $4 daily and, I don't take gambling as an investment were I will earn money to buy cars or create investment but just for a fun purpose.

piebeyb

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Quote from: mirakal on December 11, 2023, 01:16:59 AM

I know there are bettors here who dream of investing in sports betting and hoping to consistently make money from it.

So, I'd like to ask the following questions:

1. How much bankroll can you afford to start with?

2. With your bankroll, how much expected profit do you anticipate in a year?

3. Will you be content with your profit? If not, have you considered increasing your bankroll, even if you cannot afford it?

1. I have a salary every week so I am usually only limited to around 2.5% of my weekly income because my wife manages all my gambling budget and also manages my gambling time, so I can still control everything well and avoiding addiction is the most important thing to avoid .

2. I don't really target my winnings so I don't count on profits for a year, because for me enjoying the game and feeling the adrenaline rush in sports betting is fun, apart from that the important thing is that reducing expenses from gambling would be better because it wouldn't be good if I continued to pay for gambling every week, so every win I get I will roll back to play the following week.

3. I am satisfied because I am entertained, depending on how each person views it, if I personally only view gambling as just entertainment, not just looking for profit, I don't think about increasing my income from gambling because I don't make money from gambling, which is different from the perspective of other people who might Their target is victory and profit, while I don't care about it because I know that using a mindset like that will not have a good impact on me in the future.

stompix

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Quote from: mirakal on December 11, 2023, 01:16:59 AM

I know there are bettors here who dream of investing in sports betting and hoping to consistently make money from it.

You don't invest in gambling, unless you buy casino or betting websites shares Grin

For example Flutter (Paddy power)
https://www.fool.com/quote/lse/fltr/
Not that bad returns!

Quote from: mirakal on December 11, 2023, 01:16:59 AM

1. How much bankroll can you afford to start with?
2. With your bankroll, how much expected profit do you anticipate in a year?
3. Will you be content with your profit? If not, have you considered increasing your bankroll, even if you cannot afford it?

These are the mistakes of a gambling addict not a "investor" whatever that might be, lols
You don't bet $1000 just because you have $1000 to bet.
You bet if you see an opportunity to bet or you feel like you would enjoy the game more with a bet.

Take my example , I usually go from $300-$500 on horses a month, this month a lot of races have been rescheduled or abandoned completely, bare two or three days I haven't placed a single bet cause there is nothing to bet on it.

Ziskinberg

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Quote from: mirakal on December 11, 2023, 01:16:59 AM

I know there are bettors here who dream of investing in sports betting and hoping to consistently make money from it.

So, I'd like to ask the following questions:

1. How much bankroll can you afford to start with?

I don't know maybe $2000. I'm assuming that I can use this bankroll for months of gambling, it's not going to be a rushing game, right?

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2. With your bankroll, how much expected profit do you anticipate in a year?

I'm seeing $3000, it's a very conservative estimate, considering my success rate is just at par on the passing rate which is 53% rounded off.
This also means that bankroll is properly manage, no martingale strategy that could ruin the plan, and will result to wiping out of bankroll.

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3. Will you be content with your profit? If not, have you considered increasing your bankroll, even if you cannot afford it?

I guess I have to take it slow but consistent, so I'll be contented with it.

Crypt0Gore

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Investing? The moment you have that mindset you are going to regret it, do you know that your risk in anything called investment is way better than gambling? That's why they can't be the same, because you can lose money in investments too, but it is going to happen once, you learn from it and choose a better investment later on, but gambling is gambling, nothing but betting on pure luck.

Anyways, as a gambler, I have no expectations from gambling, no amount per se, I just gamble and if I win anything at all I will withdraw straight away, any win is a win for me, this is just one of the ways I plan to always over power gambling addiction, don't have a goal at all, just do it and see what comes up, also with only what you can afford to lose.

Ultegra134

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Quote from: mirakal on December 11, 2023, 01:16:59 AM

1. How much bankroll can you afford to start with?

I approximately use 5% to 7% of my monthly salary. I'm generally conservative with the amounts I use, as I don't want to potentially cause issues in my budgeting or my life due to gambling excessive amounts of money.

Quote from: mirakal on December 11, 2023, 01:16:59 AM

2. With your bankroll, how much expected profit do you anticipate in a year?

I'm mostly doing it for entertainment purposes and not because I anticipate yielding an income from betting. I don't think it's supposed to be that way unless you're constantly analyzing odds, teams, performances, etc., something I'm not willing to do. If I manage to yield anywhere from $400 to $600, I'll be satisfied. As long as I'm not at a loss, I'm fine.

Quote from: mirakal on December 11, 2023, 01:16:59 AM

3. Will you be content with your profit? If not, have you considered increasing your bankroll, even if you cannot afford it?

As I've mentioned earlier, maximizing profit isn't my main concern; I'm satisfied providing that I'm not at a loss by the end of the month or year. I'd rather not increase the amount I allocate towards gambling, as it can easily take a turn for the worse.

Yogee

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Quote from: mirakal on December 11, 2023, 01:16:59 AM

I know there are bettors here who dream of investing in sports betting and hoping to consistently make money from it.

There are? I never even considered putting investing and gambling together. I was thinking you meant investing in stocks of gambling companies or becoming an initial investor.

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So, I'd like to ask the following questions:

1. How much bankroll can you afford to start with?

2. With your bankroll, how much expected profit do you anticipate in a year?

3. Will you be content with your profit? If not, have you considered increasing your bankroll, even if you cannot afford it?

These questions are not for me since I don't consider betting on sports as investment but I'll answer. I could afford about a $1,000 but I usually just use smaller amount like $100. I try to win as much as possible but I don't really expect to profit much from this and I don't set a target.

passwordnow

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Quote from: mirakal on December 11, 2023, 01:16:59 AM

I know there are bettors here who dream of investing in sports betting and hoping to consistently make money from it.

Investing and betting are two different things, it's not the same, I think that the closest call and in general will be investing in the bankroll of the casino for which you have asked the following questions.

Quote from: mirakal on December 11, 2023, 01:16:59 AM

So, I'd like to ask the following questions:

1. How much bankroll can you afford to start with?

For now, I don't have any affordability to do that. With the recent research that I've seen or let's just say quick reading from the experience of the actual bankroll investors, it's not worth it. But if you have spare money to invest there, that's much better with movement than to be stagnant and have no gains at all.

Oh, going to the point where I'll be starting to invest with the bankroll. I won't start with a small one because gains with that starting capital is so much little so mostly if I can afford more than a thousand buck.

Quote from: mirakal on December 11, 2023, 01:16:59 AM

2. With your bankroll, how much expected profit do you anticipate in a year?

This varies and depending on the revenue of the casino but with that amount, I expect no less than 3%-5%. This is just a guess percentage and more likely close to reality.

Quote from: mirakal on December 11, 2023, 01:16:59 AM

3. Will you be content with your profit? If not, have you considered increasing your bankroll, even if you cannot afford it?

Yes, if that's just a spare money of mine. As I've said, that's so much better than to gain nothing by being stagnant or deposited in a bank.

Die_empty

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Quote from: mirakal on December 11, 2023, 01:16:59 AM

1. How much bankroll can you afford to start with?

Not more than five percent of my monthly earnings will be a comfortable allocation for gambling. Sometimes I can increase and decrease it based on the projected monthly expenses.

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2. With your bankroll, how much-expected profit do you anticipate in a year?

I don't really project my wins for the month because gambling is an insignificant revenue source to me. If I win, that's great and when looses comes, I take it with all pleasure. I gamble more for pleasure than the returns, but this shouldn't mean that I don't like wins.

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3. Will you be content with your profit? If not, have you considered increasing your bankroll, even if you cannot afford it?

An increase in bankroll might not necessarily lead to more wins. If you are not also content with your profit, it might lead to chasing losses and gambling more than you can afford. Therefore, I am always comfortable and content with my profit. It might not be pleasing sometimes but there is nothing one can do about it because you can't compete with the house.

Fortify

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Quote from: mirakal on December 11, 2023, 01:16:59 AM

I know there are bettors here who dream of investing in sports betting and hoping to consistently make money from it.

So, I'd like to ask the following questions:

1. How much bankroll can you afford to start with?

2. With your bankroll, how much expected profit do you anticipate in a year?

3. Will you be content with your profit? If not, have you considered increasing your bankroll, even if you cannot afford it?

Bankroll management is only worthwhile when you have a chance of making a consistent profit, which is not true for most casino games. It only applies to something like poker, otherwise you're likely to just be slowly depleting it every time you play. If you are playing poker then the recommended amount is likely 100-250x the big blind if you're only playing one table at a time. It's much larger than people might expect, but you can rapidly burn through even that amount. Most people are unlikely to have enough if they're just starting out.

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Quote from: mirakal on December 11, 2023, 01:16:59 AM

I know there are bettors here who dream of investing in sports betting and hoping to consistently make money from it.

So, I'd like to ask the following questions:

1. How much bankroll can you afford to start with?

2. With your bankroll, how much expected profit do you anticipate in a year?

3. Will you be content with your profit? If not, have you considered increasing your bankroll, even if you cannot afford it?

I never use such strategy.I start with whatever bankroll I may have and think to win multi tickets.I try to get odds in total of 10-20 and I play with IDR as currency betting from 20.000 to 50.0000 per bet and hoping to increase the more possible my balance.I am not happy so far as I have kept losing in a consistent way so far.Normally everyone who is in profit in the end of the year should be happy with whatever amount they are in profit.

Russlenat

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Quote from: mirakal on December 11, 2023, 01:16:59 AM

1. How much bankroll can you afford to start with?

For long term purposes, I think I could start a maximum of $1000, but I won't be able to produce that money upfront or deposit all of that in a casino. $1000 is just my limit, if I lose all that money, I would stop gambling and wait for the next season.

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2. With your bankroll, how much expected profit do you anticipate in a year?

In a year, this is kinda long term so I needs long term answer.

In figures, maybe for $1000 bankroll, I'd be okay with $5000 net profit in a year.

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3. Will you be content with your profit? If not, have you considered increasing your bankroll, even if you cannot afford it?

No one would be contented in gambling, if we are consistently winning, we would be more aggressive in betting our skills, so most likely I would increase my bankroll on the next season, so I could expect a bigger profit, that if I would still enjoy the same outcome I had in the past.

TravelMug

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Quote from: mirakal on December 11, 2023, 01:16:59 AM

I know there are bettors here who dream of investing in sports betting and hoping to consistently make money from it.

So, I'd like to ask the following questions:

1. How much bankroll can you afford to start with?
[

I usually just start small though, maybe around $50-$100 as a start for a bankroll and do sports betting.

Quote from: mirakal on December 11, 2023, 01:16:59 AM

2. With your bankroll, how much expected profit do you anticipate in a year?

In a year, that's too long in my opinion, for me a month will do, probably a conservative 2x - 4x returns of your first bankroll might do it for me. It could be difficult to accomplished do as I usually do single bet and not parlays.

Quote from: mirakal on December 11, 2023, 01:16:59 AM

3. Will you be content with your profit? If not, have you considered increasing your bankroll, even if you cannot afford it?

That is the big question, sometimes even if you reach your desired return, I have those days that I will still continue to play and then lose some. Then regrets set-in, so I guess it could be case to case basis or at least we should take care of our emotions. Yes, if my chance my first bankroll will be swept from me, then I might do and deposit again and continue to bet on sports that I like.

Oshosondy

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Quote from: mirakal on December 11, 2023, 01:16:59 AM

I know there are bettors here who dream of investing in sports betting and hoping to consistently make money from it.

Do not invest on sport betting, it is highly risky. Gamble with the amount of money that you can afford to lose.

Quote from: mirakal on December 11, 2023, 01:16:59 AM

1. How much bankroll can you afford to start with?

5% of my weekly income.

Quote from: mirakal on December 11, 2023, 01:16:59 AM

2. With your bankroll, how much expected profit do you anticipate in a year?

I am expecting losses, not profit. But I do my best nit to lose but to gain.

Quote from: mirakal on December 11, 2023, 01:16:59 AM

3. Will you be content with your profit? If not, have you considered increasing your bankroll, even if you cannot afford it?

I can not increase my bankroll for it not to lead to money loss of which I can not afford to lose.

mirakal

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I know there are bettors here who dream of investing in sports betting and hoping to consistently make money from it.

So, I'd like to ask the following questions:

1. How much bankroll can you afford to start with?

2. With your bankroll, how much expected profit do you anticipate in a year?

3. Will you be content with your profit? If not, have you considered increasing your bankroll, even if you cannot afford it?

Topic: Bankroll! - page 5. (Read 626 times)