Posted:
#1
After losing two thirds of my entire bankroll on my Cats last night, I have decided that I am done with this insanity. When I go big on a game and lose I'm throwing away weeks of solid handicapping dividends. I would like to hear about any and all systems of bankroll management that you all use. Thinking on it today, I don't think I will be comfortable risking any more than 5% of my entire bankroll on one play. With March Madness upon us, I may be interested in anywhere from 5 to 30 plays in one time slot, and that could add up to too great of a risk. If I lower the percentage of my bankroll I want to risk on each play in correlation with an increasing total number of plays in one time slot, I might be then betting less on each game than I would like. I think, at least in the beginning, I want to have a set percentage of my BR that I will risk on any play -- no plays get less, no get more. I don't want to set it too high or I would be risking too much of my BR in the high volume days in March Madness and NFL sunday.
I would be really interested in any sort of BR system any of you use.
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