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General Betting
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if am betting even money chances what percentage of a 1000 bank would u stake per bet.ty.
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Replies: 13
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Nice joining date!
Not much. Try 2%. |
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I would suggest 0.2%
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nearly 11 years and u dont know that !
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Not even a reply a year. Nice going
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was looking for real advice ,ty investor,didnt know your jioning date mattered when u wanted help,sad really.
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Whatever you are comfortable with really depends on your situation and what you can afford to lose. A grand for some people is worth alot more than for others. If you're having a bit of fun then it would probably be more than if you're testing a new system, although I sense that you wouldn't ask this question if you just wanted to have some fun bets.
Stay within your comfort zone I suppose that way you will avoid chasing and any other nasty habits. |
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To expand on what I said earlier:
Bet the minimum stake allowed (£2). If you can quantify your edge, start using Kelly (only applicable if you're placing straight bets, which I guess you are). |
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I lack the skill, or will, to attempt to fully quantify my edge..... I guess that means I don't bet to maximum efficiency. Ah well, I do ok.
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5 pc
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If you're looking for real advice, google Kelly Criterion.
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ty for the advice .
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http://green-all-over.blogspot.com/2010/07/fractional-kelly.html
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It is conceivable to go on a "double figured" losing run even betting on EVEN money chances so i would only risk no more than 2%...
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