Just want someones opinion on if I should keep my units the same as far as doller amount or increase them to 3% or 4% of my bankroll at certain intervals.
Example: bankroll is 50$ unit is 2$ do I increase it to 4$ once I get my roll up to 100$ or keep it at 2$?
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To remove first post, remove entire topic.
Just want someones opinion on if I should keep my units the same as far as doller amount or increase them to 3% or 4% of my bankroll at certain intervals.
Example: bankroll is 50$ unit is 2$ do I increase it to 4$ once I get my roll up to 100$ or keep it at 2$?
Just want someones opinion on if I should keep my units the same as far as doller amount or increase them to 3% or 4% of my bankroll at certain intervals.
Example: bankroll is 50$ unit is 2$ do I increase it to 4$ once I get my roll up to 100$ or keep it at 2$?
IMO it depends on your risk tolerance, but a conservative rule of thumb I have heard but not followed(being an action junkie) is never risk more than 1% of your total bankroll on any one wager and never risk more than 10% of your total bankroll on any one session(for most of us this is probably one day). If you follow these guidelines your risk of ruin is diminished. But if you have a small bankroll, like 50 units, you will either have to exceed the guideline, or downsize your unit size. If you choose to exceed the guidelines, then you should be aware that the odds of you losing your entire bankroll before you double it are high.
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Quote Originally Posted by Pickfo6:
Just want someones opinion on if I should keep my units the same as far as doller amount or increase them to 3% or 4% of my bankroll at certain intervals.
Example: bankroll is 50$ unit is 2$ do I increase it to 4$ once I get my roll up to 100$ or keep it at 2$?
IMO it depends on your risk tolerance, but a conservative rule of thumb I have heard but not followed(being an action junkie) is never risk more than 1% of your total bankroll on any one wager and never risk more than 10% of your total bankroll on any one session(for most of us this is probably one day). If you follow these guidelines your risk of ruin is diminished. But if you have a small bankroll, like 50 units, you will either have to exceed the guideline, or downsize your unit size. If you choose to exceed the guidelines, then you should be aware that the odds of you losing your entire bankroll before you double it are high.