Whats your bankroll & average bet size?

[mickey]

Following on from LEH's thread asking who is a Pro Punter etc.

I was curious to what sort of bankroll the brains trust on here have at their disposal and the average size of the wagers placed.

My own bankroll/allowance is only about $100 per week or so, and usually bets no more than $10 at a time.

Do you keep your winnings seperate or are they used for general living expenses???

[bayman]

why would anyone divulge their own business ?

[Dutchy]

fair question, Money managment is the most importnat part of becoming successful....about 3 years ago I negotiated with Mrs Dutchy to have $2k of our cash as a bank roll and to keep it seperate from our day to day living income/expenses, this made me automatically accountable for the bank roll and to grow it, which Ive done a few times over....Key is to never bet more than 3% of your bankroll in one bet, that way you can ride the rough patches and not go broke by chasing....thats another key, never ever chase you losses..

[mal]

Bet to relativity

using your $100 [and the pools= $$$ in the pots]
QUADS have $5k + so I would bet up to $50
any2 s have about $300 so bet no more than $5
Doubles have $1200 odd so bet about $10
trebles have about $3k bet about $25
each way + place there is usually plenty in the pools to bet the whole lot in one shot


If you have $100 to play with and you are a recreational punter who loves a bet
suggest you adopt Dutchys advice and punt about 3% of your bank
so that would be about $3 a race

So put $3 on the LATE MALS and win about 60cents a race !

[Punk Rooster]

Mickey,
I'm like Dutchy- I have money separate from my living expenses.
I do operate a bit differently to his way, but the result for me is the same- I posted a tidy profit last year.
Like all of us here, we look for value & tend to thump something if we feel we have the advantage.
An average bet for me would be $50-$100.
My biggest bet has been $500.
My biggest collect would be 1800/80.

[bayman]

Mickey,
I'm like Dutchy- I have money separate from my living expenses.
I do operate a bit differently to his way, but the result for me is the same- I posted a tidy profit last year.
Like all of us here, we look for value & tend to thump something if we feel we have the advantage.
An average bet for me would be $50-$100.
My biggest bet has been $500.
My biggest collect would be 1800/80.

punks biggest bet $500.00 & it was on a team he hates & still does , i wonder if the grandstand would've dissapeared had we lost

[Punk Rooster]

Bayman,
If I'd won $1,000,000 off the Bays over a long period of time, then lost $0.50 on them, the Clubrooms would be as good as gone...

[G]

Who came up with the GAY 3% rule.
So you've got a bank of $2k and there's an absolute special coming up that is also paying overs, and its suggested you put $60 on it.

Not the way I'd go about it.

[Dutchy]

Who came up with the GAY 3% rule.
So you've got a bank of $2k and there's an absolute special coming up that is also paying overs, and its suggested you put $60 on it.

Not the way I'd go about it.

good way to go broke pretty quick G....seen it way too many times...what % would you suggest?

[mighty_tiger_79]

wheres AG?????????????????

[another grub]

anywhere for $500 - 1.5k per week depending on results....... dont tell mrs grub....

ave bet $50 -$100 ......but regularly have $200 or $500 if in the know.....

[mickey]

Thanks for the hints and tips guys.

Just a few more Q's if i can.

At what stage do u take the profits from the punt and invest in a new plasma or kids school fees?

If u are lucky enough to have grown the $2k start into something quite significant, do u then still bet 3% of the bank?
ie, have $10k in the sportsbet account, do u then wage $300 ont each bet rather then the $60 limit when u start with $2k??

Is there a minimum off what odds u will take?
do u take the $1.40 for the aussies to win a test match, or do u wait for a game where u can get at least evens on a result?

[Dutchy]

Thanks for the hints and tips guys.

Just a few more Q's if i can.

At what stage do u take the profits from the punt and invest in a new plasma or kids school fees?

If u are lucky enough to have grown the $2k start into something quite significant, do u then still bet 3% of the bank?
ie, have $10k in the sportsbet account, do u then wage $300 ont each bet rather then the $60 limit when u start with $2k??

Is there a minimum off what odds u will take?
do u take the $1.40 for the aussies to win a test match, or do u wait for a game where u can get at least evens on a result?

I generally leave the profits and grow my bank, the bigger my bank the greater my unit size therefore it should snowball into a even greater sum....I do pull* funds out from time to time, eg playstation or new laptop

3% is the maximum of my bankroll I would bet, I mainly bet 1% or 2% and leave the 3% as the exception not the rule (usually when they bet over $1.70 for the Bulldogs!)

I very occasionally bet more than 3 units if I see a real good opportunity...

Prices depend on what you think is value, I put a sizeable bet on Sydney to make the 8 last year in Round 18 at $1.40 cause I thought it was a certaintity and their next 2 games where against Melbourne And Richmond...therefore $1.40 was value

but in the main I play Line bets arounf the $1.91 mark and look for the value of the points (i.e. I think the Crows will win by 30 points and the line is -15.5 I think thats value)

each to their own, JJ is very good at value bets as are Mal and Punk...

[another grub]

Thanks for the hints and tips guys.

Just a few more Q's if i can.

[size=150]At what stage do u take the profits from the punt and invest in a new plasma or kids school fees?[/size]

If u are lucky enough to have grown the $2k start into something quite significant, do u then still bet 3% of the bank?
ie, have $10k in the sportsbet account, do u then wage $300 ont each bet rather then the $60 limit when u start with $2k??

Is there a minimum off what odds u will take?
do u take the $1.40 for the aussies to win a test match, or do u wait for a game where u can get at least evens on a result?

That should be on the best jokes thread ...in my case.....