is there a math to how much you should wager on a game?
for example texas hold em pot odds vs actual odds , example if it costs 10 to win a 1,000 pot with a case card one in 52 chance take it because statistically 520 will make over a long run 1,000. if you believe the wagering public is incorrect in the assessment of an out come.
if you have 100 a week to spend gambling. think to yourself 10.00 a week can be used. the remaining 90 can go to future betting when a sure thing like patriots will loose to baltimore without brady comes up.
enough new england fans will bet against this and its a easy payoff.
gaming theory classes are taught online. how to wager when to wager and how much to be profitable in long term
keys to any of it is understand the game your in keep your weakly off the cuff bets to a minimum and wager agressively when a great deal comes your way good luck.
for example texas hold em pot odds vs actual odds , example if it costs 10 to win a 1,000 pot with a case card one in 52 chance take it because statistically 520 will make over a long run 1,000. if you believe the wagering public is incorrect in the assessment of an out come.
if you have 100 a week to spend gambling. think to yourself 10.00 a week can be used. the remaining 90 can go to future betting when a sure thing like patriots will loose to baltimore without brady comes up.
enough new england fans will bet against this and its a easy payoff.
gaming theory classes are taught online. how to wager when to wager and how much to be profitable in long term
keys to any of it is understand the game your in keep your weakly off the cuff bets to a minimum and wager agressively when a great deal comes your way good luck.
Volumes have been written on this subject, on this website.
The bottom line is you can't teach how to make money in this game........all of the money management formulas and strategies in the world don't mean anything unless you can make more money from your winners than you lose on your losers (added to the vig cost of course).
Pile on when you are winning, and cut bet size when you are losing. Forget about the "high water mark" that your bankroll has hit, and focus on picking winners rather than chasing an irrelevant figure.
Try and identify "why" you are winning or losing; then try and figure out if your approach is valid, or luck.
Volumes have been written on this subject, on this website.
The bottom line is you can't teach how to make money in this game........all of the money management formulas and strategies in the world don't mean anything unless you can make more money from your winners than you lose on your losers (added to the vig cost of course).
Pile on when you are winning, and cut bet size when you are losing. Forget about the "high water mark" that your bankroll has hit, and focus on picking winners rather than chasing an irrelevant figure.
Try and identify "why" you are winning or losing; then try and figure out if your approach is valid, or luck.
Minus rent--
Minus food--
Minus Gas/Car Payments--
Minus Utilities--
Minus Health Insurance--
Cut back on Alcohol Consumption (unless you work as a bartender)--
Keep the family in clothes, food & school--
Squeeze out 2% of what's left over and you're good to go...
And for the love of Peet, keep track of your wins/losses and adjust accordingly.
Minus rent--
Minus food--
Minus Gas/Car Payments--
Minus Utilities--
Minus Health Insurance--
Cut back on Alcohol Consumption (unless you work as a bartender)--
Keep the family in clothes, food & school--
Squeeze out 2% of what's left over and you're good to go...
And for the love of Peet, keep track of your wins/losses and adjust accordingly.
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