Quote:
Originally Posted by jebe99
Hey jello, important thing is you have to straight bet the same unit all the time.
I use a moving bankroll betting 2% of my total bank.
Also, can't be swayed by winning or losing betting streaks. I just crunch the numbers and bet the value, and over the years, it's been very profitable.
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Thanks. I'm working on mastering the money management angle. There seems to be some disagreement over the flat bet theory by very successful gamblers. I'm a believer that you should almost always bet 2-3% of your roll. I used to be a flat bet guy, but I've come around to the idea that a few select games deserve to be loaded up on - but never more than 5%. I'm still a novice at this so I don't mean to act like I know something more than you, but there are differing opinions on this basic premise among those that know what they are doing.
So do you literally calculate the percentage on each individual wager? In effect that would be weighting your bets because the 1st bet is going to be for more than the 2nd if they are simultaneous events. FWIW, I would only bet 2% on these half-time wagers.