MM Plan for Sports betting

[MattyMattz]

Hey guys,

was talking to a fellow sports gambler today (who does quite well for himself) and he showed me his MM plan.  It makes a ton of sense, so I thought I'd post it.  It's not a secret or anything (after googling money managment, you'll find similar ideas).

The idea is to only bet 2-3% of your BR on each bet, never more.  So if your BR was 1000$, you'd bet 20$.  He doesn't re-evaluate his bet amount until he's increased his BR by 25% (so when he's BR got to 1250$, he'd change he's bet's to 25$.  Also, he never lower's his bet, even during a losing streak, he's stay at his current bet amount. 

Just a note

Matt

PS - Admins, if you would rather this post be in the sports section, feel free to move.

[Lohnro]

Hey Matt

The best staking plan when betting with an edge is Kelly betting.

% of highest bank non-reducing, like your mate does,  I believe as well is the next best.

[Lohnro]

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