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Topic: Bankroll Management Challenge! - page 14. (Read 9204 times)
Event : Paris St-G v Bordeaux
Start Time : 10/01/2016 11:00
Competition : Ligue 1 Orange
Bet Type : Over/Under 2.5 Goals
Your Selection : Over 2.5 Goals
Start Time : 10/01/2016 11:00
Competition : Ligue 1 Orange
Bet Type : Over/Under 2.5 Goals
Your Selection : Over 2.5 Goals
Event : Avellino v Pro Vercelli
Start Time : 10/01/2016 09:00
Competition : Serie B
Bet Type : Over/Under 4.5 Goals
Your Selection : Over 4.5 Goals
@1.56
Start Time : 10/01/2016 09:00
Competition : Serie B
Bet Type : Over/Under 4.5 Goals
Your Selection : Over 4.5 Goals
@1.56
Event : Ingolstadt v Hoffenheim
Start Time : 10/01/2016 09:30
Competition : Bundesliga 1
Bet Type : First Half Goals 1.5
Your Selection : Under 1.5 Goals
Start Time : 10/01/2016 09:30
Competition : Bundesliga 1
Bet Type : First Half Goals 1.5
Your Selection : Under 1.5 Goals
Event : Dundee v Celtic
Start Time : 10/01/2016 07:15
Competition : Scottish Premiership
Bet Type : Over/Under 1.5 Goals
Your Selection : Over 1.5 Goals
Start Time : 10/01/2016 07:15
Competition : Scottish Premiership
Bet Type : Over/Under 1.5 Goals
Your Selection : Over 1.5 Goals
Event : Bahia v Criciuma
Start Time : 09/30/2016 18:15
Competition : Brazilian Division 2
Bet Type : Over/Under 0.5 Goals
Your Selection : Over 0.5 Goals
@1.23
Start Time : 09/30/2016 18:15
Competition : Brazilian Division 2
Bet Type : Over/Under 0.5 Goals
Your Selection : Over 0.5 Goals
@1.23
Is it 5% per day, per session or per bet? , If you only wager 5% of your bankroll per day you will be able to last longer but as long as the house edge remains in place then the only thing awaiting for you in the long term is defeat.
Event : Fuerza Amarilla v Emelec
Start Time : 09/30/2016 16:30
Competition : Ecuadorian Primera A
Bet Type : Over/Under 0.5 Goals
Your Selection : Over 0.5 Goals
@1.32
Start Time : 09/30/2016 16:30
Competition : Ecuadorian Primera A
Bet Type : Over/Under 0.5 Goals
Your Selection : Over 0.5 Goals
@1.32
Event : Everton v C Palace
Start Time : 09/30/2016 15:00
Competition : English Premier League
Bet Type : Over/Under 1.5 Goals
Your Selection : Over 1.5 Goals
@1.17
Start Time : 09/30/2016 15:00
Competition : English Premier League
Bet Type : Over/Under 1.5 Goals
Your Selection : Over 1.5 Goals
@1.17
Testing this method...wager only 5% of bankroll each time...
The more bets you make the more you will see negative effect of house edge, gambling is about "all or nothing", you can't expect to be in profit over the long run.
100% this. The advice to gamble only 5% of your BR is stupid.
Bankroll management doesn't really work for you if you have negative EV.
The whole idea of bankroll management is to limit variance -- to stay as close to the EV as you can. Why would you want that, when EV means you lose?
In fact, you have a better chance of winning big if you gamble 100% of your bankroll. 1% edge on a 100 BTC bet vs 1% edge * one million 0.0001 BTC bets.
Bankroll management is only a good idea if you have a positive expected value. Scenarios where you have +EV: you are the house; you are a card counter; or you have worked out another way to gain an advantage. If you are at a disadvantage to the house, do not follow this advice.
The whole idea of bankroll management is to limit variance -- to stay as close to the EV as you can. Why would you want that, when EV means you lose?
In fact, you have a better chance of winning big if you gamble 100% of your bankroll. 1% edge on a 100 BTC bet vs 1% edge * one million 0.0001 BTC bets.
Bankroll management is only a good idea if you have a positive expected value. Scenarios where you have +EV: you are the house; you are a card counter; or you have worked out another way to gain an advantage. If you are at a disadvantage to the house, do not follow this advice.
Event : Jorge Wilstermann v Guabira
Start Time : 09/29/2016 18:00
Competition : Bolivian Liga Nacional A
Bet Type : Over/Under 3.5 Goals
Your Selection : Over 3.5 Goals
Start Time : 09/29/2016 18:00
Competition : Bolivian Liga Nacional A
Bet Type : Over/Under 3.5 Goals
Your Selection : Over 3.5 Goals
Event : Gent v Konyaspor
Start Time : 09/29/2016 13:00
Competition : UEFA Europa League
Bet Type : Over/Under 2.5 Goals
Your Selection : Over 2.5 Goals
Start Time : 09/29/2016 13:00
Competition : UEFA Europa League
Bet Type : Over/Under 2.5 Goals
Your Selection : Over 2.5 Goals
Event : Brighton GB
Start Time : 09/29/2016 12:05
Bet Type : To Be Placed 1 - 3
Your Selection : Wrapped
@1.62
Start Time : 09/29/2016 12:05
Bet Type : To Be Placed 1 - 3
Your Selection : Wrapped
@1.62
Event : Arsenal v FC Basel
Start Time : 09/28/2016 14:45
Competition : UEFA Champions League
Bet Type : Asian Handicap
Your Selection : Arsenal -1.5
@1.76
Start Time : 09/28/2016 14:45
Competition : UEFA Champions League
Bet Type : Asian Handicap
Your Selection : Arsenal -1.5
@1.76
Event : Cleveland (M Clevinger) @ Detroit (J Verlander)
Start Time : 09/27/2016 19:10
Competition : MLB 2016
Bet Type : Moneyline (Listed)
Your Selection : Detroit
@1.36
Start Time : 09/27/2016 19:10
Competition : MLB 2016
Bet Type : Moneyline (Listed)
Your Selection : Detroit
@1.36
Event : Chesterfield v Gillingham
Start Time : 09/27/2016 14:45
Competition : League One
Bet Type : Over/Under 1.5 Goals
Your Selection : Over 1.5 Goals
@1.11
Start Time : 09/27/2016 14:45
Competition : League One
Bet Type : Over/Under 1.5 Goals
Your Selection : Over 1.5 Goals
@1.11
Event : Chanmari FC v Zo United FC
Start Time : 09/27/2016 05:00
Competition : Mizoram Premier League
Bet Type : Over/Under 0.5 Goals
Your Selection : Over 0.5 Goals
Start Time : 09/27/2016 05:00
Competition : Mizoram Premier League
Bet Type : Over/Under 0.5 Goals
Your Selection : Over 0.5 Goals
Event : Tyumen v Kuban Krasnodar
Start Time : 09/26/2016 10:00
Competition : Russian Division 1
Bet Type : Over/Under 0.5 Goals
Your Selection : Over 0.5 Goals
@1.30
Start Time : 09/26/2016 10:00
Competition : Russian Division 1
Bet Type : Over/Under 0.5 Goals
Your Selection : Over 0.5 Goals
@1.30
Event : FC Slovan Liberec U21 v MFK Karvina U21
Start Time : 09/26/2016 09:00
Competition : Czech U21 League
Bet Type : Over/Under 1.5 Goals
Your Selection : Over 1.5 Goals
Start Time : 09/26/2016 09:00
Competition : Czech U21 League
Bet Type : Over/Under 1.5 Goals
Your Selection : Over 1.5 Goals
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