Increasing chances of success with a local quiz.

You have a 5k credit line from the local Valley cartel.

You are allowed 500.00 (to win) max wager per game. 

Betting week is Monday through Sunday, settle on Mondays.

Your approach:

A) Set a strict target figure per week. Cease wagering once that weekly number is achieved.

B) Do not set target figure and wager every day until the week is final.

C) Wager only 3 days in no particular order. Collect or pay regardless of 3 day outcome.

D) Shotgun the card each day until the betting week has closed. 

E) Doesn't matter what you do. The book will always win, regardless.

 

Briefly explain your answer.

F) If alcohol is not involved and you aren't as big as a degenerate as me then stick with (A).With alcohol ready available, the MLB just around the corner and those Sunday night WNBA bailout parlays coming soon, you might as well start digging my grave in the desert.

$500 max win / wager? . not interested . I'm a degenerate risk / action junkie and I wouldn't give a bookie the time of day. I got rules too.

 t6. 

A is the idea but wtf, it's impossible. 

 

Van its a 500 max on the win amount. It is total fing bsh!t and you make a good point. If i want to go all in for 5k i should have that right. 

G)  Lose the 5K, then instead of paying, murder the people who are supposed to collect the money.  That will impress the cartel, who will then hire you.  Eventually you will take over the cartel, then you can make all the bets you want.  

OK.  Going to be totally serious here for once.

B) Do not set target figure and wager every day until the week is final.

Some days there may be multiple wagering opportunities and other days none.  That discipline to be able to pass on certain days is a must.  Losing wagers because you forced a bet are every bit important to your bankroll as the winning wagers you placed.

I don't like "flat" wagering.  Never have.  I like to rate my handicapped games from one to three units.  Limited to winning $500 a game, my one unit wager would be risking $150, two unit wagers $300 and three unit wagers $450.

$150 one unit wagers are 3% of your $5K weekly cap so that is right about where you want to be situated.  One unit wagers should be 70% of the games you play.  Two unit wagers 20% of your plays and your best three unit wagers only 10% of your handicapped games. 

That is the way I would operate and I know most here will think that is very conservative.  Been sports gambling for almost 50 years and I'm still alive so I must be doing something right. 

I also think Baseball is the easiest sport to handicap.  I've seen so many locals go bust in the baseball season over the years.  Grabbing small plus money underdogs you can win at a 50% clip and still make a profit over the long season.

After Baseball comes Football, Hockey, and Basketball in that order.  I don't know anything about Soccer or Tennis or any other sport and don't care to learn.