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    rackcity's Avatar
    rackcity Posts: 100, Reputation: 1
    Junior Member
     
    #1

    Oct 12, 2014, 06:59 PM
    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!
    ScottGem's Avatar
    ScottGem Posts: 64,970, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    Oct 13, 2014, 04:51 AM
    Only play what you can afford to lose.
    joypulv's Avatar
    joypulv Posts: 21,593, Reputation: 2941
    current pert
     
    #3

    Oct 13, 2014, 05:32 AM
    Your question is inherently flawed in it's reasoning. Just go with what ScottGem said.
    Oldspicy's Avatar
    Oldspicy Posts: 3, Reputation: 1
    New Member
     
    #4

    Jan 28, 2015, 07:11 PM
    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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