Topic: Has anyone here started with a decent bankroll in sports? - page 2. (Read 259 times)

I remember that on my first day in gambling I had a bankroll of 100$ in bitcoin and the price of bitcoin at that time rose a lot, making the value of my bankroll greater than 100$ and I lost to the point where I lost with less than 20$ and then I put 50$ in bitcoin and continued playing, but I lost a lot and I no longer remember how much money I had left, but I remember saying to myself that I was giving up on placing bets but how much of money that was left in my account was far below the minimum withdrawal amount, so I chose some games and made a multibet bet, I didn't even think about winning, I just bet

but to my surprise I was right on that bet and as a result I won a lot to the point of being able to recover my losses and then I stopped playing for many years and only started making bets again recently and I put $10 to play for fun, if you asked me today if I believe that people can make profits from gambling, I respond categorically and directly without fear in saying that I do not believe that gambling brings profit, in my opinion as long as people are gambling they are losing and will only stop losing On the day they decide to stop playing, they will only win on the day they win a lot of money to the point of overcoming all losses and then stop playing.

I agree with tracking your bankroll 'coz it would help you imposing self discipline and control over your funds. I think many of us have the same story to begin with; a good bankroll because we have huge expectations in gambling. Then eventually having a smaller one once you encounter loss. Personally, I believe that bigger bankroll could yield to good profit for the reason of more chances to pull it up but not guaranteed. There is basically more bets with $1k than $100, right? But once you are already with the realization of how things work in gambling, that is where you would be settling with bigger or smaller amount depending on your comfortability afterwards.

It's not realistic to expect a reliable win rate on sports gambling. That doesn't change if you make the starting balance bigger actually.
Besides, being right 60% of the time can mean very little when the odds are often providing profits that are very miniscule.

So all in all, I think the subject is approached with a wrong mindset here to begin with. Just bet with what you are comfortable to lose based on your current income and savings. Don't start with any amount you can't live comfortably with if you lose it. For some 2k will be peanuts, but I doubt there's many people like that actually.

60% winning ratio is already in big winning already and for that having such a huge amount of bankroll of $2000 is well above enough to put any sport better in profits no matter his many wagers he wants to before liquidating the total bankroll.

Many the time,  why most sports bettors lose out of bankroll so quickly due to low bankroll,  and as long as they maintain such low bankroll, their chances to make runtime profits from the bets becomes very hard at some point,  and that is why we have recorded a lot of those loses from that pattern of betting using the low bankroll.

I think with $2,000 bankroll and you are consistent with 60% winning rate, you have already won in profit of above half of bankroll. This is an outstanding performance that I think not majority of gamblers reach to. It is not possible with even lesser of such winning rate of 50% that a gambler will be consistent with as gamblers complain of loses often. Well if I have such bankroll, I will definitely not risk all in gambling. I will invest more than half of it in other area.

 I usually keep $10 for soccer betting and since it's not every day you get to rake in wins, I'd say my win rate is 50%. Sometimes the urge to explore other areas comes in bit the most win I've had is when I place bets on soccer games and I hit it big during league games mostly.

The most 'decent' bankroll I have had for sports was in The International 2022. I had $500 allocated for that particular event and I had a win-rate of 57% and profited at least $300 as I went hard on the decider match for the finals between Secret and Liquid. After that, I went on and off on sports and just bet on things that I like, and never really had a bankroll to begin with. The most I've bet on recent times is $50, though I've lost it yet I'm still in the greens. Haven't bet on anything since but was glad that I took it easy while I'm still in the positive.

Keeping track of everything in a spreadsheet is nice. Gamblers who are serious to make money off of it should consider creating one for themselves to ensure that they are not spending more than they can really stomach.

Sometimes I bet on horse races for interest. My initial pot is only 10 dollars. I bet against a particular horse winning a particular race. Sometimes a series of guesses lasted up to 40-50 races, and managed to earn up to 2-3x. Thus, you can train your own intuition. If you feel that a given horse 90% will not win, it is easier to find those who are likely to win

Sufficient funds depend on how much money is set to enter the gambling site to bet.
I have limit that I use for betting and always bet within certain percentage to be able to have an odd that is worth betting so that I can get an amount of money commensurate with the risk.
But even then you can't really say it profit if you win because previously there was loss and calculating profits can never be said accurately and truly to be said to be profit.
The percentage like you said might be calculated by those who have large budget and have lot of time in each bet, but when calculating win rate of up to 60%, it is an impossible percentage to achieve.
A win rate of 60% or even more can be obtained and the profits can be calculated, but only in one match because matches with percentage level that high can never be found easily.

I bet on sports but can't really calculate how much profit I made on net basis so far because even with wins there are also losses.

I do not have the past calculation of my net profit from gambling. Probably it might be a negative net profit, or it might be positive. I do not anymore focus on making money from gambling. If I lost this week budget, I fund the gambling account again next week. But there are sometimes that I won and use the money on something fun like to drink beer, eating meat and other foods. Because I do not have past calculations, I do not know if it is positive for me, but I know that I have fun while gambling. I can not also go to each gambling sites that I am using to see my total loss and total profit, that is a waste of time for me.

I have given you the answer you need above, but I have to also comment to this. $2000 bankroll? That is too huge for me and I can not use it to gamble.

Actually 60% is already high, you're a genius if you were able to achieve that win rate percentage.

As per research, this percentage is the minimum you need to be profitable.

Why 52.4% is the most important percentage in sports gambling.


You should be in good profit with the right bankroll management.

I don't know if I have to believe on your computation, because I did some computation on paper and I can show it to you. Probably you aren't using a flat betting method, like a fixed amount of bet per game and it's strictly for spreads with odds 1.90 (the basis of my computation).

So there's the summary of my computation, assuming I have a total bankroll of $5000 USD and I'm using 2% of that bankroll per wager which is $100.

With flat betting ($100 per bet), I would be gathering a profit of $  4,010.00 with a win rate of 60%, that's on 300 bets.

So here's the computation on my net profit ratio.

$ 4,010.00 / $5,000 = 80% profit... That's a huge profit ratio, especially if our bankroll is also huge.

With those stats you should barely be in profit or breaking even most of the time.In order to have consistent profit it is not needed to have a bankroll,a big bankroll but what is needed is more the win rate,the win rate should be a consistent one to 75-80% in order to continue to be in profit by playing sport betting.

I personally use 100 dollars but I use IDR as currency and that is about 1.500.000 IDR or more to bet on,my win rate is good well over 60% as I follow a lot of prediction pages and go for safe bets most of the time,yet I lose everything I win in slots and as long as I continue playing slots it is a dead end for me.

I appreciate your reply, but this thread is for gamblers who had set up a decent bankroll so we can read some of their experience.

Let's maintain this thread on-topic all the time.

I don't have huge capital to put into gambling, I ensure I gamble with what am comfortable with and that has helped me maintain my sanity. I wouldn't encourage anyone to go beyond his limits so as to appear serious minded. Gambling is a long term investment for me so I try to see it as that.

As for consistency and profitability,  I have been doing so well lately following my adjustment of my method of play. I think the improvement is because the European season have gone far and have become easier to predict since we can already see the forms and performance of the various teams.

I'm curious and would like to ask gamblers who have established a decent bankroll and bet only a certain percentage on their wagers: How has it been going for you? Are you currently in profit, or not yet?

Let's consider a scenario where you have a total bankroll of $2,000 dedicated to a specific league.

If you are in profit and your win rate is 60%, how much have you made (net profit) so far?