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Bankroll Management

Posted By: Carly Robson
Date: Saturday, 17 January 2009, at 6:21 p.m.

In Response To: Bankroll Management (Dale Kerr)

Your information is very interesting, you suggest a simple formula of

bankroll = (escrow + 300/edge) * stake

Now lets set my escrow to twice the maximum limit so lets suggest 2 stakes(for a 1 stake match for only 1 point) and set an edge of 5%. This would means I would have to have a 62 stake bankroll. Do you think this logic is OK for my situation?

Also, how would I calculate my edge from my total wins, total losses and total games?

Thanks a lot, I'm playing this online btw. I believe it could become a profitable hobby if I set a correct bankroll management scheme.

Thanks alot!

Messages In This Thread

• Bankroll Management
  Carly Robson -- Thursday, 15 January 2009, at 10:29 p.m.
  • Bankroll Management
    Rich Munitz -- Friday, 16 January 2009, at 12:24 a.m.
    • Bankroll Management
      Carly Robson -- Friday, 16 January 2009, at 10:06 p.m.
      • Bankroll Management
        Rich Munitz -- Friday, 16 January 2009, at 10:41 p.m.
        • Bankroll Management
          Dale Kerr -- Saturday, 17 January 2009, at 12:22 a.m.
          • Bankroll Management
            Chuck Bower -- Saturday, 17 January 2009, at 2:04 a.m.
            • Bankroll Management
              Dale Kerr -- Saturday, 17 January 2009, at 2:25 a.m.
              • Bankroll Management
                Carly Robson -- Saturday, 17 January 2009, at 6:21 p.m.
                • Bankroll Management
                  Chuck Bower -- Wednesday, 21 January 2009, at 3:14 p.m.
            • Bankroll Management
              Martin -- Sunday, 18 January 2009, at 9:36 a.m.
              • Bankroll Management
                Chuck Bower -- Wednesday, 21 January 2009, at 3:13 p.m.
                • ty
                  Martin -- Wednesday, 21 January 2009, at 7:34 p.m.