Don’t forget if you make 300,000 a year the most you should be betting is $50 a game

[jjgold]

Don’t be a jerk off and learn the math

 

[Tanko]

Don’t be a jerk off and learn the math

What if I only make $20,000 JJ?

 

[BigJay]

Odds this was a @jjgold thread

Yes -2250
No +850

 

[europro]

Don’t be a jerk off and learn the math

the fade makes if hes lucky 10-15k not sure how much u have to make to get on welfare, and hes on welfare
and he has a bet $70 to win $50 right now
is he one fuckked up dude or what?

 

[flyingillini]

This is spot on, but these leva's and lames here will never understand the math. I would actually put it to around $40-45. You have guys here betting their net worth daily. When they go broke , they deserve it. Learn the math, learn how to invest, save, use your head, don't gamble for an endorphin rush which many here do. Also, learn how to spend time with loved ones and don't let your gambling addiction take time away from your health and loved ones.

 

[jjgold]

What if I only make $20,000 JJ?

You have no business gambling

 

[europro]

This is spot on, but these leva's and lames here will never understand the math. I would actually put it to around $40-45. You have guys here betting their net worth daily. When they go broke , they deserve it. Learn the math, learn how to invest, save, use your head, don't gamble for an endorphin rush which many here do. Also, learn how to spend time with loved ones and don't let your gambling addiction take time away from your health and loved ones.

u talk like youre so high and mighty
little shrimpy!

 

[Tanko]

You have no business gambling

JJ, float me a loan.

 

[stevek173]

 

[europro]

JJ, float me a loan.

Tanko, send me $10

 

[Archie]

correct

I use quarter Kelly or less for all sports other than NFL, which I'll go up to half Kelly criterion

the whole point is to ruin proof your bankroll and eliminate risk of ruin and prolong the entertainment value without having to dip back into real funds

 

[KVB]

How much you bet should be based on the size of your bankroll, not your salary.

If you're looking to your salary to supplement your bankroll then you are likely betting too much and committing the error of not betting with a defined bankroll.

This will surely lead to ruin.

 

[KVB]

correct

I use quarter Kelly or less for all sports other than NFL, which I'll go up to half Kelly criterion

the whole point is to ruin proof your bankroll and eliminate risk of ruin and prolong the entertainment value without having to dip back into real funds

Going full Kelly in sports betting will also surely lead to ruin.

The system is designed that way.

 

[flyingillini]

Going full Kelly in sports betting will also surely lead to ruin.

The system is designed that way.

Going "full kelly" is text book amateur on every single level. Only real "traders" with dominating positions truly understand this. God Bless