What is a bankroll? How much bankroll do you need? How do you build a bankroll? Is it a good idea? All these topics are explored by professional bettor Captain Jack Andrews in this video.
Links mentioned in the video:
Winnings Sports Betting Step-by-Step :
Sports Betting in Just One Hour/Day :
The Money Tree Concept :
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0:00 – Intro
1:09 – What is a Bankroll?
3:01 – Bankroll Management
6:12 – How Much Bankroll Do You Need?
8:16 – How to Build a Bankroll
11:57 – The Pros/Cons of Small Bankrolls
Vídeo Completo
This is like unwrapped for millennials with high functioning autism. And I’m front and center
Captain Jack your videos have been super helpful! As I grow my bankroll how often should I be reassessing my bet size based off my bankroll? Do I want to keep track daily and bet 1% of whatever my current bankroll is? Or do I want to ignore the daily ups/downs and update it weekly or monthly? Thanks!
I did somehow manage to take a $50 free fan duel gift up to $2500 a few years back while i watched sports. Then i bought a boat. I was just betting basketball and hockey. I watch hockey but beating the market can be difficult in hockey. Basketball has huge swings in the odds so i did well cashing out before games finished.
Emotional bankroll is where i dont do well. I cant buy options to hedge large bets down like i can in the stock market.
Here is what seems to be an easy way to win at betting baseball. We all know baseball teams play mostly 3 game series, sometimes 2 or 4 game series against each other. Stats say that since the 1960's 24% of 3 games series, and 11% of 4 game series are sweeps. Twice a week on wednesday and sunday which are the final bame of most series there a big handful of series 2-0 going into the last game. Each game you have a 76% of winning betting on the team that is 0-2. The occasional 3-0 lead in a 4 game series gives you an 89% chance of winning. I charted this the last month of last season. Most times you are betting on the underdog with an occasional slight favorite. Whats best there is no researching or handicapping. Sure beats trying to pick 58% of pointspread bets. I would like to know what our expert host thinks about this along with everyone else. I can't wait to get started. "LETS PLAY TWO ! "
So if I have 100 dollars I should bet 1 dollar because that’s 1% of my bankroll?
You need at a bare minimum $5,000 to make sports betting worth your while but ideally, I'd say you'd want a minimum of $10,000.
Bro the hardpart on being a sports bettor is dicipline
You are simply the best Cap’n Jack! You breaks things down perfectly. Thank you!
Ratio
Not enough of this out here! Thank you!
Even in the EV spaces I’ve been lingering for the last couple years, proper bankroll management is the number one downfall of bettors. I suggest everyone watch this video a couple times and be very educated on the topics covered.
Good stuff Jack!
Thanks for uploading ❤