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Bankroll questions: Standardizing bet sizes Bankroll questions: Standardizing bet sizes

11-22-2019 , 02:14 PM
Quote:
Originally Posted by MisterRodriguez
its funny a guy trying to teach a lesson with pure BS to 3 guys that went from 0 to 150 200 and 400k in 12/18 monhts

what i wrote on my 1st post is basically the blueprint on how a begginer bettor with a tiny bankroll can get to a 6 digit bankrol in a short time frame provided they know their edge which is as easy as subscribing to don best or beating props in tiny markets
JFC. Just stop. This is turning into a Clown show where beginning bettors should stake high and no one ever losses, it's not allowed, your investing education is totally tuition-free, etc..

I never said one had to start out losing, I said it's OK to do that and everyone I know did, it's part of the journey.
Bankroll questions: Standardizing bet sizes Quote
11-22-2019 , 02:15 PM
Quote:
Originally Posted by Deeply Miserable
(Breakeven bettors also get $0 stakes.)
Not with bonus and other reward considerations. Although I doubt a truly close to break-even bettor actually exists.
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11-22-2019 , 02:16 PM
Quote:
Originally Posted by GameBred
JFC. Just stop. This is turning into a Clown show where beginning bettors should stake high and no one ever losses, it's not allowed, your investing education is totally tuition-free, etc..

I never said one had to start out losing, I said it's OK to do that and everyone I know did, it's part of the journey.
Sounds like it's still part of your journey. 1 star/2 star/3 star plays is your advice? LOL GTFO.
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11-22-2019 , 02:24 PM
Quote:
Originally Posted by hedgie43
Sounds like it's still part of your journey. 1 star/2 star/3 star plays is your advice? LOL GTFO.
Yes. Per his question. This is fine for a beginner.

I think I'll stay.
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11-22-2019 , 02:29 PM
Quote:
Originally Posted by hedgie43
Sounds like it's still part of your journey. 1 star/2 star/3 star plays is your advice? LOL GTFO.
Also, the journey never ends, this is a continuing education profession where you use your mind to make $ and your returns are based on your skills and knowledge, which take time to develop.

Bruv, you're not living in the real world, you want him to go from A to Z w/out touching any of the letters in between.
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11-22-2019 , 02:58 PM
GameBred, you sound like someone whos never actually made a bet in your life
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11-22-2019 , 03:00 PM
Quote:
Originally Posted by GameBred
Yes. Per his question. This is fine for a beginner.

I think I'll stay.
Quote:
Originally Posted by GameBred
Also, the journey never ends, this is a continuing education profession where you use your mind to make $ and your returns are based on your skills and knowledge, which take time to develop.

Bruv, you're not living in the real world, you want him to go from A to Z w/out touching any of the letters in between.
No, it's not "fine" for a beginner. It's terrible advice. Good advice would be to bet zero and make fake bets that you track while you read better resources and consider why you think you have an edge in the first place. Just going out there and getting hit in the mouth doesn't achieve anything other than losing money. It also unnecessarily uses up sign up bonuses. Even if you think it's important to bet real money, the advice should be to bet as little as possible that makes it real, not to bet 4x as much on some play that is equally as bad as the others.
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11-22-2019 , 03:03 PM
also I forgot to add; anyone who calls betting "trading their equity curve" is probably not really betting seriously
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11-22-2019 , 03:05 PM
Quote:
Originally Posted by Like
GameBred, you sound like someone whos never actually made a bet in your life
All you Lames seem to have are Ad Hominem attacks; I'm quoting, bolding and countering. I supplied all you Lames w/ plenty of material and you can't pick something out? All you can do is sling mud? Come on, come up w/ something, anything.

These are tales from the Grind, Homie

Like all the time, Homie...

Don't get out of line, Homie...

I said don't get out of line
Bankroll questions: Standardizing bet sizes Quote
11-22-2019 , 03:06 PM
Quote:
Originally Posted by Like
also I forgot to add; anyone who calls betting "trading their equity curve" is probably not really betting seriously
LMAO. You don't know what this is, do you?
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11-22-2019 , 03:07 PM
a ridiculous way of saying "betting" that does nothing but tell people that you think youre smart?
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11-22-2019 , 03:10 PM
Quote:
Originally Posted by hedgie43
No, it's not "fine" for a beginner. It's terrible advice. Good advice would be to bet zero and make fake bets that you track while you read better resources and consider why you think you have an edge in the first place. Just going out there and getting hit in the mouth doesn't achieve anything other than losing money. It also unnecessarily uses up sign up bonuses. Even if you think it's important to bet real money, the advice should be to bet as little as possible that makes it real, not to bet 4x as much on some play that is equally as bad as the others.
1. Paper Trading teaches you nothing about your emotions and how you'll behave when the bullets start flying.

2. Getting hit in the mouth teaches you to fight back

3. I did tell him to bet as little as possible; that's kinda the point of this whole argument

4. Betting 4x as much would be $2 in this case

Next.
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11-22-2019 , 03:11 PM
If OP is a complete noob he "should" be betting 0, or any amount that he can afford to lose. Since hes on this forum and is even aware that he doesnt have an edge but could have one eventually, he should be following Mr Rod's advice. Which is aggressively attacking tiny markets. Ascribing 1-3 "stars" and changing your unit size based on that is dumb since theres no way he has an edge, nevermind is able to quantify it. And betting .25% of a 200 dollar roll? Id rather close a garage door on my forearm
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11-22-2019 , 03:21 PM
The idea that $2 betting teaches you anything beyond $0 betting is probably one of the dumbest things I can imagine.

I have never paused to think about firing off $2. I have certainly paused when I'm maxing anything >$20k. Weird how banging out $5k bets still didn't get me over my weirdness with max bets on the largest weekly markets available.

But I'm a fraud so whatever.
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11-22-2019 , 03:25 PM
Quote:
Originally Posted by Like
If OP is a complete noob he "should" be betting 0, or any amount that he can afford to lose. Since hes on this forum and is even aware that he doesnt have an edge but could have one eventually, he should be following Mr Rod's advice. Which is aggressively attacking tiny markets. Ascribing 1-3 "stars" and changing your unit size based on that is dumb since theres no way he has an edge, nevermind is able to quantify it. And betting .25% of a 200 dollar roll? Id rather close a garage door on my forearm

This is what I said. What are you arguing w/ me about?

As for the Star-System, it was answering his question about the confidence levels being assigned to plays he likes. By plotting position size against performance it will teach him not only about his methodology but himself.

I said this advice is not for Advanced Punters, they don't need my advice.

I said Bet Size should be determined by your perceived Edge... He's not ready for that, yet.

It's Ok for him to get into the game and Micro-trade, it's actually helpful. With Skin in the game, no matter how little, he will be incetivized to figure **** out.... it's human nature.
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11-22-2019 , 03:26 PM
^ That is very dumb.
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11-22-2019 , 03:28 PM
Quote:
Originally Posted by Deeply Miserable
The idea that $2 betting teaches you anything beyond $0 betting is probably one of the dumbest things I can imagine.

I have never paused to think about firing off $2. I have certainly paused when I'm maxing anything >$20k. Weird how banging out $5k bets still didn't get me over my weirdness with max bets on the largest weekly markets available.

But I'm a fraud so whatever.
I started out betting $5 so I know you're full of ****. People don't like losing $ period. They hate it about twice as much as winning $.

Megalomaniac, we aren't talking about you, we're talking about a newbie.
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11-22-2019 , 03:28 PM
Quote:
Originally Posted by Deeply Miserable
^ That is very dumb.
Expound. I dare you.
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11-22-2019 , 03:30 PM
Quote:
Originally Posted by Deeply Miserable
^ That is very dumb.
No. What's dumb is telling some newbie to stake high so he can turn a small BR into 6 figures in a short time. It's absurd, as are you.
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11-22-2019 , 03:36 PM
its quite funny how you constantly ommit the fact that i ve told many times my advice is exclusive to begginer bettors that can quantify their edge and that they are better off leaving the micro penis trading equity bell experience in order to learn how to do so

Dont bet ,learn/research or subscribe to don best, kelly
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11-22-2019 , 03:52 PM
Quote:
Originally Posted by MisterRodriguez
its quite funny how you constantly ommit the fact that i ve told many times my advice is exclusive to begginer bettors that can quantify their edge and that they are better off leaving the micro penis trading equity bell experience in order to learn how to do so

Dont bet ,learn/research or subscribe to don best, kelly
You said, "Micro Penis."
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11-22-2019 , 04:13 PM
GameBred,

You literally suggested betting .50c, which for most places is impossible. How exactly do you propose this occurring?
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11-22-2019 , 04:29 PM
Quote:
Originally Posted by Deeply Miserable
GameBred,

You literally suggested betting .50c, which for most places is impossible. How exactly do you propose this occurring?
Excellent point. Thank you for bringing it to my attention. That could be an issue.

In that case, I would reccomend the following:

1. Forget about teiring the BR w/ confidence plays and use Level Stakes (No more than 1% of BR). If his Strike Rate is greater than the inverse of his average odds, then soon enough he'll have enough to cover the mininum.

2. Hold out until 0.25% of BR is the mininum bet at most shops.
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11-22-2019 , 05:13 PM
look at those fancy words!!
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11-22-2019 , 05:18 PM
Quote:
Originally Posted by Like
look at those fancy words!!
LOL. If you really think that was fancy, it's no wonder we are on opposite sides of the issue.

I already knew you Lames had very little, if any inferential reasoning skills but JFC, what of your Vocab skills if that last post was fancy?
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