Increasing Bet Size

ViDuchie

Hi,

I was wondering what people usually do to increase their bet size. At what point when you have accumulated profit do you consider increasing what you bet each time.

It's got me thinking as I'd like to manage my money if I can accumulate a big enough pot "reinvesting" any earnings rolling it over to make more.

So how do you guys tackle this?

I was initially working along the lines of this.

Say I have an initial pot of 1,000 Euros. My bet sizes being say 20 a pop.

If I reach a pot size of 2,000 Euros I would double my bet to 40.

But does this logic really work as an initial loss will just tear through your profits and possible leave you broke.. or falling below 2000 should you immediately move back to the 20 a bet.

Anyway, I suppose what I'm after is what is the best approach, minimising catastrophic failure when increasing bet sizes.??

Cheers,

V

digme

I bet according to the risk involved,obviously your bet size will increase when you have more money available to you but,there will come a time when you bet that 2000 euro on a sure thing and lose it all,it's a harsh lesson, which will either help you later on or, cause you to quit gambling altogether.

Your going to find when you have more money to play with, it's exactly that,playing.You bet 20 euro, it feels like nothing at all,that's when you'll find you begin to lose more than you win.The only way betting higher will tear through your profits is if you become complacent and reckless,with bigger bets come bigger profit,so if that's the only thing you change with regards a bigger bankroll and your risk stays the same you'll be fine

But if you start losing on things you feel you should have won on like man united to beat Portsmouth, where you placed a bigger than normal amount of money on it and you see the lose result on the docket or screen,that's where things get messy.Avoid that situation, and you'll be a millionaire in no time at all,literally.There's nothing more to it really,emotions are the only things which will screw you,if you happen to be a sociopath or psychopath,which we all know are devoid of emotion,you'll never lose.

L'prof

ViDuchie wrote: »

Hi,

I was wondering what people usually do to increase their bet size. At what point when you have accumulated profit do you consider increasing what you bet each time.

It's got me thinking as I'd like to manage my money if I can accumulate a big enough pot "reinvesting" any earnings rolling it over to make more.

So how do you guys tackle this?

I was initially working along the lines of this.

Say I have an initial pot of . My bet sizes being say 20 a pop.

If I reach a pot size of I would double my bet to 40.

But does this logic really work as an initial loss will just tear through your profits and possible leave you broke.. or falling below 2000 should you immediately move back to the 20 a bet.

Anyway, I suppose what I'm after is what is the best approach, minimising catastrophic failure when increasing bet sizes.??

Cheers,

V

How about this:

You're currently betting 2% of your pot, why don't you calculate what 2% of your pot is every time you win a bet and keep betting that amount until you lose? An example of 4 wins (at evens) and a loss below:

€1000 + €20 + €20 + €20 + €20 - €20 = €1060

€1000 + €20 + €20.40 + €20.81 + €21.22 - €21.47 = €1060.96

Doesn't really look impressive but if you're able to build up your pot, you'll reach €2000 quicker and 2% of €2000 is €40!