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

When i have started on doing sports betting or on the time that i do consider out on taking some this type of gambling which i did moved from casino or simply with crash and slot games.
Then i did really have that kind of anticipation that this kind of betting would really be requiring that kind of knowledge on which this is something that wouldnt really be that so short nor really be that
easy. This is why it would really be best that you should be starting up small on which trying out to familiarize on the things you've been doing. Having a big bankroll wont really be guaranteeing out that kind of success that you are anticipating or expecting. It would always boils down on how you would really be able to make out those bets basing up into your analysis.
If you dont have this then no matter how big your bankroll is, then you would be finding yourself on getting bust or blown out in a short time.

Betting small is beneficial as it helps prevent potential financial strain. However, in sports betting, it's crucial to understand that you're not wagering against a house; instead, you're betting with the odds set by providers. It's essentially a matter of choosing a side, and given that there are other bettors who may choose differently, the outcome determines the winner in the end.

I think that a good analysis and timing is not always there. This is why there are bettors who make the most out of it by increasing their stake amount. Don't worry about them because maybe they are stronger than you to handle their emotions whenever they are losing huge. We know our capacity, so we should stick on what we are comfortable with.

We shouldn't copy those who bet big and win big but those guys can always copy us small bettors because like you said, the house always has the advantage. Betting small is good, as it helps us prevent the side effects of gambling from happening. If there is a 100% winning chance, there might be a match-fixing that will happen. But indeed that it's hard for us to be convinced, as there are lots of scams about it.

@Gozie51 I guess you misunderstood me entirely, I didn't mean that I trust the game to play 100% that's why I increase my stake. Am only stating that when my data analysis gathered  convinced me enough that my prediction has a high possibility of playing as predicted I tend to place a high stake on the bet, and by high stake it doesn't mean it's an amount of money that I am uncomfortable to lose. I do make sure to gamble responsibly and I also understands that there's no 100% guaranteed bet but still there are predictions that you make based on ground works you will have some confident in the game chances of playing. That's what I meant mate.

You can't be into business if you don't know how to calculate that, let me teach you how.

In usual business it's income less expenses = profit.
In sports gambling, it's amount wins less amount loss = profit, if you have bigger losses than your profit, that's net loss


I think the right term for that is winning, because the term profit is usually use if the business is serious.

I haven't made big profits like you. The scenario you used is too big for me, and I don't want to risk using that much money to bet on sports betting. I don't use as much money as you or other gamblers because I don't want to experience big losses. That's the only way I can eliminate the possibility of experiencing big losses and still be able to enjoy betting on sports betting or casino games.

I actually don't know how much the profit or loss is calculated. I only bet very small amounts, and if I see a profit, I will cash out without waiting for the match to finish. But if I don't see how the bet is going, I will leave it until it is finished, and it can give two possibilities, win or lose, and I am okay with that because I bet to have fun in gambling.

That's why it's important to manage your bankroll effectively, don't think that you are too sure of this one bet and you like to go big, just gamble within your range and you'll be fine. If you range is like $10 to $50, you shouldn't go beyond $50 as that is your max, I'm talking about per bet here, so that means your bankroll should be higher than that if you are using a conservative method approach.

However if you are staking higher than necessary when you think you have had a good analysis and timing, that could also disappoint you because gambling isn't so sure to favour the gambler but the house most times. Despite my bankroll or the best of analysis that I have done to win, I would still do a reasonable gambling not to over stake and get restive. If you over stake you increase worries which is not good for the health. There is no amount of convince that can guarantee 100% winning chance.

If your budget was 100$ for betting, did you place bets using full 100$ ? If this was the case than you must be very lucky to made profits from it as you could have easily lost that bet and hence lose all of your gambling portfolio.

Also there is no need to go back in history and see the betting results. You lose or you win and you cannot change the history, so rightly said, why waste time ?

TBH, I never calculated the percentage of my profit or loss while betting on sports betting, but I had the same experience as @dothebeats, but I forgot a little about my budget, but as far as I remember, at that time I had a budget of around $100 betting on TI 2022 and at that time I only choose single bets and can get consistent wins with profits of around $450 or more.
like it is very impossible to get consistent wins like I have experienced but this is real and I never calculated what percentage of my overall profit was because I initially bet because I liked that type of betting and getting a winning streak made me bet more often on sports betting.

I could go back to the history of my betting results in 2022 to calculate the percentage but it would be a waste of time.

I would not know because I'm not really keeping a record on my sports gambling journey.

Most of us probably are not doing it, we just have fun when gambling, and refill or withdraw, that's the normal scenario in gambling.
You'll only keep the record if you are into serious mode..I mean long term more also 



The power of compounding, $2000 is a decent bankroll already, I woulnd't say it's huge because if you have a job or business, you'll be able to set up that bankroll intende for long term journey. As they say, you need to have a win reate of 53% to be profitable, for sure 60% makes you more profitable with the right bankroll management.

It's pointless if you don't get the question right. When I say $2000 bankroll, that doesn't mean I would gamble all of that in one day, but it's on a series of bets. Like for NBA for example which I'm aware you are active in the thread, I could use that $2000 for the entire season betting only 2% or $40 dollars per stake, I think that would last longer or I might end up being profitable if I have more wins than losses until the NBA season is over.

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The problem here is not our ability to pick winning bets but on our lack of discipline in managing our bankroll, and in order for us to be serious with our sports betting journey, we have to put up a decent bankroll which we can consider as a serious investment, rather than using it for the purpose of having fun.


Parlay for instance, I think this is something we should avoid since I read somewere that 2 legged parlay gives only 28% of winning chance, no wonder bookies loves us to do parlay.

Like most gamblers, i'm not in the overall profit because it's easier to lose control and bust your bankroll.

Depending on the matches and league, the profit could vary between barely making a profit to tripling your bankroll per season. I say this because not all leagues have the same amount of matches played and sometimes it could swing both ways because of the unpredictability that happens from week to week. The win rate IMO doesn't always tell the whole situation because a bettor can reach the same win rate by betting on favorites with lower odds.

What you would be considering as a decent bankroll might not that decent a bankroll to me matching my income inflow to yours. What I do as a principle is to not make my bankroll static it has to go in line with what I make as profit for the month from my business. So if I have a $100 bankroll today it might not be in that amount next time could be high or lower. And I tend to stake higher in sport betting when I am well convinced of my data analysis gathered about the team am betting in favour of. Simply put, I don't misappropriate my bankroll so when I lose I don't lose badly like I do with winning.

To have a decent bankroll, the first is to lower personal expenses. When I do this, it allows for savings and increases my ability to take shots in higher-stakes games. For wagering, I try to follow the traditional conversative way of using 1/100th of the bankroll. I also focus on single-game bets without parlays or teasers to minimize risk.
Lastly, before it ever occurs to me to raise my unit size, I let it stay for about 30 days of seeing good profit. And it doesn't matter how big I win. I do not increase the unit size unless I am in profit consistently.

Yes, right now, yes, I can say I have a decent amount coming from sports betting, but to be honest, in my first month of doing sports betting, I got too addicted to the point that I didn't limit myself anymore, and it cost me, but now I've learned from that mistake, and yeah, even if I'm still placing a bet in sports, I still have quite some profit. Why? Simply put, I have a percentage of the amount coming from my salary, and that percentage is allocated for my gambling habits. I only base my profit from there, with the help of tracking every bet or play I make in gambling to track down my expenses and see if I'm earning or not from my capital. It's better to have only a portion of your salary dedicated to gambling if you really can't contain yourself from playing it. That way, your losses are limited.

I never calculate my winning percentage. I only rely on feelings when gambling. When I lose too much, I sometimes stop or withdraw the remaining balance. Apart from that, I also gamble based on my mood, sometimes playing slots, sometimes original casino games, and sometimes sports betting. I never dedicate my money to one sports league


$2000 is a huge balance, I never deposit more than $50. Usually when I want to play sports betting, I will divide my deposit into 2 or 3 sports bets. Win or lose Usually I will withdraw my balance or move to another game. I only bet on certain teams and only bet if my analysis is good, I usually win

Is that scenario an actual one that you're dealing with now OP? Because if so, that's actually a decent amount already that you've gained from that bankroll of yours.

And being with that winning rate is already a good number because it's even more than the half of the percentage and typically sportsbettors don't get into that percent.

Doing the Math is easy about the net profit but that chance and success rate of your wins is no contest, hands up - good.

This kind of a pointless question no?  Every gambler has started with a small stack, large stack, etc but it's all relative.  For a millionaire to start with a $2k bankroll winning and losing it is way different than someone that only has $2k to theor names.  I'm sure some people are up and some are down.  What is the point of your question?

To be honest I had a flash winning streak of several hundreds per cent when I started to bet again on a new sportsbook few months ago but now I don't make more profits and I struggle to avoid to lose my profits. So I don't know if I was just lucky or if the sportsbook just rises its margin and lowers its odds now but I'm a little bit disappointed because I was thinking to have found a safe and juicy sportsbook. If it was just luck I should lose my winnings in the coming months, and it will get even harder for me, if it was just a kind of boost of the odds from the bookmaker, I should keep my bankroll safe but it will be difficult to make profits now.

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?