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I have $2,000.00 max to lose this season.. I start it Now

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Posted: #1
I had a post about how to manage money during NFL bets.. well noone wanted to help me out with that so I gotta do it myself I guess.

I have a max of $2000 I can lose.. and I'm gonna try not to get carried away... This is my picks for real, and If i'm getting carried away, VETERANS PLEASE HELP ME!!

Start Money: $2,000.00
Present Money: $2,000.00
NET:  +-$0


Picks for week 2 Preseason Saturday: 
* my picks are based on a system i made up + my knowledge of teams

1.)St louis over San Diego:  $50.00 to win $50.00

2.)Atlanta over Indy:                      $100.00 to win $100.00

3.)Denver over Dallas:                    $100.00 to win $100.00

4.)Houston over NO:                       $100.00 to win $100.00


 
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Posted: #2
GL Barry, with 2k BR I would love to rate my bet from 1* to 5*
1* bet will be @ 30
and 5* Max bet will be @ $150.
If thing go well and you br go bigger then you can mark it @ the next level to increase the bet maybe @ 3k then 4K keep move it up slowly from there.
 
BOL this season.
 
WT.
 
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Posted: #3
 
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You are already betting way over your head if the amount you can afford to lose is truly only $2,000..........
 
at this bankroll, your bets should be between 20 and 40 bucks each..........
 
I have a bankroll of 10k and my normal bet size is 200 bucks.......maybe a little more if i feel really good about a play........
 
good luck to you.......
 
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Posted: #5
hey white tiger, thanks for the input...

So you have a system where you rate the games you like and how much, on a scale of 1-5?.. that sounds like a pretty interesting idea.. what do you base your picks on? or what makes a game a 5 to you?


I set aside $2,000.00 strictly for paying off my losses...

I need a system to organize my bets and everything.. this is as serious as working!!!! you are playing with money

and money determines your lifestyle and other things

VETERANS HELP!?!
 
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Posted: #6
flat betting.......equals long term winnings..........
 
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Posted: #7
Luckythirteen:  really... $20 seems small... but maybe I am over my head, though it seems to be the right amount to give me a thrill, be happy if i win, and not go crazy if i lose..

20$ would be 1%... so If i went on a horrible losing streak, i could lose 100 games.. but If i win 100 games I only win 2,000, and I say only because 100 games is hard to win..

but thank you for the input and i'm curious.. do you have the 10k set aside? or is that just the max you will allow yourself to lose?, afterall the season is long and there will be lots of paychecks inbetween


 
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Posted: #8
What is flat betting? does that mean no teasers and parlays and junk?
 
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Posted: #9
Quote Originally Posted by BarryDingle31:

hey white tiger, thanks for the input...

So you have a system where you rate the games you like and how much, on a scale of 1-5?.. that sounds like a pretty interesting idea.. what do you base your picks on? or what makes a game a 5 to you?


I set aside $2,000.00 strictly for paying off my losses...

I need a system to organize my bets and everything.. this is as serious as working!!!! you are playing with money

and money determines your lifestyle and other things

VETERANS HELP!?!

Well you show it there. Your $50 bet = 1* and your $100 bet = 2* there.

Most of my best go from 1-3* I might bet 4-5* only couples of times per year. But with you BR of 2k your 1-2* @ 30 and $60 should be safe.

1 more thing you might need to know shop for the best line and lowest juice as possible.

Single bet is no. No Parlays

I do 99% of my bets on Single bet and only 1% on Teaser.

 

BOL.

 

WT. 

 

 

 
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Posted: #10
bet 5% of your bankroll

 
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Posted: #11
Quote Originally Posted by luckythirteen:

flat betting.......equals long term winnings..........

I do agree that flat bet is long term winning. But I think to max out your profit then you'll have to rate your unit.

 

WT.

 
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Posted: #12
20 bucks doesnt seem like much at all............BUT..........it is a frickin LONG season........and streaks HAPPEN........good and bad.........
 
flat betting means the same amount no matter what the stregnth of the play in your mind.......you could probably go with a flat bet of $50 and be okay as long as you do not deviate from it and NO PARLAYS OR TEASERS.........NONE!!!!!!!!
 
most of the morons on this site bet much more than what their bankroll allows them to and they find themselves back at friggin western union reloading every other week.........they go on a streak that is bad and think they can win it all on one game and it just doesnt work that way in the long run.........
 
just my 2 cents....gl
 
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Posted: #13
Luckythirteen: ha you said it well, I know those western union guys... i'm gonna stay away from parlays and teasers for sure, it hurt me last year when I became new to NFL betting..

White TIger: yeah it seems I pretty much do have a unit system without noticing
I have 1 good thing in my favor.. NO JUICE, everything is straight up.. 100 to win 100, no 10% stuff.. its not a web-site or anything but a local.



BX719: 5% each week? or 5% per game?
 
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Posted: #14
My advice, bet the same amount ("units")- or if you wish, the same % of your bankroll- I would start small, no more than 2-3% per game (as has been stated above).  The one thing you have left out of your calculations so far is the 10% juice on losses, so your 50 to win 50 bet is actually 55 to win 50, 110 to win 100.  I would factor that in when deciding your amount per game to wager.
 
My .02   
 
Also, as luckythirteen says, NO parlays or teasers, and no chasing when you hit a cold streak- keep the same amount per play, regardless of the streak you are on, and if you bet a % of your bankroll, adjust downward if needed.
 
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Posted: #15
Quote Originally Posted by BarryDingle31:

Luckythirteen: ha you said it well, I know those western union guys... i'm gonna stay away from parlays and teasers for sure, it hurt me last year when I became new to NFL betting..

White TIger: yeah it seems I pretty much do have a unit system without noticing
I have 1 good thing in my favor.. NO JUICE, everything is straight up.. 100 to win 100, no 10% stuff.. its not a web-site or anything but a local.



BX719: 5% each week? or 5% per game?

There's another way to handle your BR which I think might help. DO NOT BET MORE THAN 10% OF YOUR BR in 1 day ( mean all bet combine = 10% max on that day.)

with your 2k BR then the max you can bet on that day is $200.

you can do 4 of $50 = $200 ( But still never bet 1 game with more than 5% of your roll, which you max bet is $100 but not too often now.)

 

WT.

 
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Posted: #16
You have a local that takes no juice?
 
 
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Posted: #17
Quote Originally Posted by BarryDingle31:

Luckythirteen: ha you said it well, I know those western union guys... i'm gonna stay away from parlays and teasers for sure, it hurt me last year when I became new to NFL betting..

White TIger: yeah it seems I pretty much do have a unit system without noticing
I have 1 good thing in my favor.. NO JUICE, everything is straight up.. 100 to win 100, no 10% stuff.. its not a web-site or anything but a local.



BX719: 5% each week? or 5% per game?


5% per game
 
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Posted: #18
The one mistake I have made over the years and the mistake I think most people make and do not admit it or realize it is this.

 When your roll is 2,000 and your betting 20-50 per game....you do not need to have 12 games in action @ all times. I think it falls under patience.
 
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Posted: #19
if i was you i would narrow the game down to 1 or 2 per week and bet 5% of each game.
 
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Posted: #20
i haven't read what others have put but here it goes


i've been seriously gambling for about 5 years
here's what I would do

1.  if you have 2k bank roll, i say bet 20-40 a game
2.  don't bet a lot of games
3.  no parlays, teasers, props or antyhing else

i've bet all sports
i would chose 1 or 2 games that day and bet from there

i would rather bet big on 1 game then bet small on 5
 
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Posted: #21
find out if your better at night games or day games from your past performances, some people are some teams are ,then cap 6 to 8 teams a week pick favorite 2 or 3 and play those stay away from creative bets (tease ,parlays, first half, first td , etc).  you might make it thru season which i assume would be a good goal also.  watch out for pre season.  stay between 20 to 50 bucks and it might happen.  ahoy from the bahamas 
 
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Posted: #22
i would rather bet big on 1 game then bet small on a few games!!
 
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Posted: #23
Quote Originally Posted by insatiable:

i would rather bet big on 1 game then bet small on a few games!!

Agreed. The more you play, the more chance you have to lose.

 
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Posted: #24
I have never gotten the whole "unit" bets. Use a flat amount. You should only bet on a game that you think will win. 
 
You see these crappy internet cappers who state they make all these units because most games are 1 to 3 units and then they get lucky on a 100 unit game.
 
I started betting about six years ago and I have made every mistake possible. I turned $500 into $15,000 one football season and then lost it all. Remember that Bucs/Colts Monday night game, I way over bet it and it killed me. Your best bet is to just use a flat amount. That is my thought anyways.
 
I think  3% or 4% of your roll per bet is fine. Go $75 until you get to $2500 and up it $100 at $3000 and go from there.
 
Good luck this season.  
 
 
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Posted: #25
BarryDingle,
 
First of all I think you are looking at things wrong.  You dont have 2gs to lose.  You have 2gs to turn into 10gs
Secondly, If you are going to start now with pre-season, then bet a much smaller amount like 10 or 20 bucks....come on...it's pre-season.
 
Just my two cents. 
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