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-   -   What's a good sports betting beginner bankroll for longevity? (https://www.askmehelpdesk.com/showthread.php?t=802848)

  • Oct 12, 2014, 06:59 PM
    rackcity
    What's a good sports betting beginner bankroll for longevity?
    All right, so I'm going to save a bit for a bankroll to sports bet only. No poker. I'm sticking to MMA/Boxing sports betting, and occasionally college football. But before I was too caught up in trying to recover my losses and ended up losing my entire bankroll due to being very emotional. I'm over that now. Before I had a $250 bank roll. I was doing pretty good until I once made huge bets and lost. What's a good starting bankroll for sports betting if my goal is to get to about 10K long term...

    Also second question, is Bovada safe? I've not yet cashed out, so I don't know about U.S tax laws and if it's a problem?

    Thanks!
  • Oct 13, 2014, 04:51 AM
    ScottGem
    Only play what you can afford to lose.
  • Oct 13, 2014, 05:32 AM
    joypulv
    Your question is inherently flawed in it's reasoning. Just go with what ScottGem said.
  • Jan 28, 2015, 07:11 PM
    Oldspicy
    As a general rule of thumb you should only bet 2-3% of your bankroll on a single bet. If you let emotions take over and start betting higher amounts you can easily empty your account with a few lost bets.

    Having said that, I agree with the previous answers, only bet what you can afford to, and don't chase losses.

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