Sports Betting: Building a Bankroll

[@kevinbrezee]

Jack is criminally underrated.... He tells everyone over, and over, and over again, It's not about beating the game..... It's about finding the edge, and then being patient enough for the slow burn.... But everyone wants to be a millionaire in 6 months, and no one explores statistics and probability..... Nobody wants to think about it long-term as if it were the stock market.

[@gregoryadler7806]

I do it professionally online myself. If I can get 2% profit on any given night I’m a happy camper.

[@archvaldor]

Thing is if you worked hard enough at applying Jack's advice and had a decent bankroll a million might not be that impossible in a few years. The irony is that Jack would never say that because he's no bs artist and doesn't make grandiose statements like that. But if you had to make a million in six months following his advice would literally be one of the best approaches.

[@slycooper1979]

Nobody wants to be in this long term. Most people wanna quick big hit so they can retire and fuck off

[@Timefades1]

When a stock trader gets into arbitrage betting. Game over 👅

[@Jose-p9v]

I'm happy as well my loss ratio is 3/10. My strategy is betting on heavy heavy favorite in a parlay system i.e..6 to 7 parlay games. At a 30% Corvette in my bankroll and earning 20% in return so the investment is minimal with the high percentage of return ​@@gregoryadler7806

[@AndroidTECHGEE]

Bro the hardpart on being a sports bettor is dicipline

[@jacobvirges4432]

The hardest part

[@testattestdotnet]

One way to build a bankroll is to grind profit boosts, lol. $10/day is $300/mo, which is more than most people win.

[@JudgeDredd_]

You know something? You have just enlightened me.

[@UnapologeticPressure]

I won $30 off a $10 bet I say slow but steady I'm going to continue to bet small until my little bit of money grows that way I really don't feel like I'm loosing anything

[@MurrayPeeps]

Even in the EV spaces I’ve been lingering for the last couple years, proper bankroll management is the number one downfall of bettors. I suggest everyone watch this video a couple times and be very educated on the topics covered.

[@dbeatdano498]

I've watched many of your videos Cap'n Jack and revisit them often, especially if I'm on a bad streak. Provides a lot of good perspective and helps to refocus. I appreciate your wisdom!

[@Top10TipsforSportsBetting]

Building bankroll requires absolute discipline.

[@okera424]

Bettors need to focus on more videos like this , discipline, money management, betting strategies etc.. we focus on the " picking " aspect too much...

[@chucksenhowzen9740]

I got into Daily Fantasy Football years ago & had fun but burned out. I’ve been wanting to try my hand at sports betting for NFL & College, glad I found your page I will say starting out small might be better for me, rather make a $5 mistake than $500 off the bat

[@Unabated]

Good mindset. NFL is the toughest US sport to beat, but maybe this video will help: kzbin.info/www/bejne/p5OqkIWZlLiihJosi=LGdgIqeXioPW50A3

[@binlondon9685]

Discipline is needed and never chase losses, unfortunately I have either.

[@immaculateon3]

Not enough of this out here! Thank you!

[@birdmandrugstories]

I been on fire 🔥 with nfl sunday parlays taking 4-6 favorites and I have won 7 of last 8 Sundays with this strategy

[@BombDotCom-82]

Thank you, Jack. The free education is greatly appreciated ❤

[@ColinBrister-z6x]

I started this college football season with $20 and flat staked it at 10% per bet. I finished the year at $1247 and some change.

[@bgbeats97]

Thanks for uploading ❤

[@_cohen]

My bankroll was $190 10 months ago I’m finally at profit of $110. $300 in the bank and this is my bank roll. Hoping to turn the $300 into $500 by EOY.

[@scksupercrazykid8806]

been enjoying the videos helping with my knowledge question does any of the unbated tools work in the UK thanks again

[@Unabated]

We focus on American sports but the tools are applicable to bets made in the UK on US sports. Our calculators and odds screen all have a decimal odds switch.

[@gotgerrard2]

You are genius. Thank you

[@E.Asinus]

Emotional bankroll is where i dont do well. I cant buy options to hedge large bets down like i can in the stock market.

[@cipriandobrea7369]

There are plenty of ways to hedge. Live betting comes immediately to mind.

[@quantifiedmemalytics]

@@cipriandobrea7369 This is literally one of the worst things you can do and I would say it's insanely emotional. Whoever is reading, don't do what he suggested.

[@jeremyjenks902]

Hello Captain Jack. I live in a state where the only legal sports betting happens in Indian casinos. I do however believe this will change at some point in time and when this happens, I would like to be ready to hit the ground running with Unabated. Until that day comes, do you by chance have some recommendations for me to begin expanding my knowledge base? Is there any books you recommend for someone in the beginning stages?

[@Unabated]

Reading recommendations are a common request we receive, here's an article we put together of essential reads for aspiring sports bettors: unabated.com/articles/build-your-library-sports-betting-books-for-every-bettor

[@jeremyjenks902]

@@Unabated That looks like a great list. Thank you!

[@TheOkellyc]

I love this channel, you're the man, I also got my start offshore using promos.

[@TheOkellyc]

Looking forward to all the content you have, I think the community wants to know more about how much you need to risk, what pros average percentages are on the year, what are some of your worst beats, what are some of your best wins, we just want to know more about your experiences, now that we understand what it requires, and the type of modeling behind it. For example, if you win 60% of your bets on the year, what do you actually need to risk in order to make a living? Or tell us some juicy stories about bad beats or nice wins or guys that couldn't handle the lifestyle or one of your best streaks ever, personal stuff really, people will love that.

[@TheAkenno]

Captain Jack your videos have been super helpful! As I grow my bankroll how often should I be reassessing my bet size based off my bankroll? Do I want to keep track daily and bet 1% of whatever my current bankroll is? Or do I want to ignore the daily ups/downs and update it weekly or monthly? Thanks!

[@Unabated]

Good question. Ideally you resize with each bet but often you have concurrent bets going on. Resizing daily or weekly is fine as long as that remains within the scope of your emotional bankroll as well.

[@cipriandobrea7369]

IMO, you can't go wrong betting either 1 or 2% of your bankroll (BR) and readjusting at each 25% increase in BR. Example: $1,000 BR, bet $20/game (2%). Once your BR grows to $1,250 (25% increase) your unit amount grows to $25. If you want to be more conservative, bet 1% units rather than 2%. Once you reach a new BR peak, you don't lower your unit amount even if you fall back below $1,000 in this example. It's either reach the next plateau or go bust. Kelly Criterion was debunked decades ago.

[@Sallgravy807]

So you fig 2%how many bets daily should u bet?

[@TheAkenno]

@@Sallgravy807 I would say as many +EV bets as you can find. Sometimes that might be 1 sometimes it might be a lot more.

[@JesseKinnamon]

@@cipriandobrea7369Kelly criterion debunked? Uhhhhhhhhh..lol

[@MrRollup10]

What is an edge?

[@Unabated]

Timely question, here's a recent Short answering that question: kzbin.infooHq-j-SKTBM

[@JDAQINC]

Good stuff Jack!

[@victotyorvalhalla]

You are simply the best Cap’n Jack! You breaks things down perfectly. Thank you!

[@EddyRY]

So if I have 100 dollars I should bet 1 dollar because that’s 1% of my bankroll?

[@Unabated]

If you only have $100, you should probably shouldn't be betting. When you're ready to build your bankroll, use the Low-Hanging Fruit strategy.

[@aFREEsportsbettingSYSTEM]

Eh, if you got 100 then yes, bet those small bets. You can turn 100 into 1000 the same way someone can turn a dime into ten dimes, or ten grand into 100 grand. Patience, and double the bankroll, those are the only two goals you need.

[@jakethesnake4336]

Yes 1 or do .50 dont worry about whay other people bet with fanduel is 10 cents minimum if your winning consistently it doesnt matter what you start with😊😊

[@aewyatt7]

Do you have a website for best tools for researching tools

[@milner-music9888]

I appreciate these videos! This guy is good! Here's my philosophy on sports gambling.... I'm not smart enough to become a "pro" .... I'm not in it to win money... if I was I would become broke guaranteed! Sports gambling is so random. There's so much luck involved! So what I do is I treat it as a hobby! My whole goal is to not have to put money in my account, and just keep using my bank roll to bet!!! I start at 100 dollars and for the most part every bet is 5- 10 dollars... if I double my bank roll I will take out some money to reward myself! But yea let's be honest guys.... where not going to become pros ! 😂 just be responsible and gamble to give you something to watch! That's what I do! It's been great! Mass legalized it last year!! I love it! #DraftKings

[@quantifiedmemalytics]

The power of AI and statistics being available everywhere definitely allows you to build your own algorithms using Python - even as someone with zero experience. It just takes a lot of work and dedication to the craft.

[@saltyylobby]

i won$1200 in 24 hours with only $50 , then the next day lost all $1200 and literally started from square one😂

[@caressam.98]

Lol me the other day. $40 lost $300

[@JamesLee-pb6dl]

Captain sir! I m in California. Can your program help me?? I found you through being a BJA member

[@Unabated]

There’s plenty of options for the California bettor these days. Offshore, DFS Pickem, Sweepstakes based. Sports betting is a lot like card counting. Find the edge, quantify the edge, bet appropriately. Check out some of our other videos to determine if Unabated is right for you. Then sign up for a demo at calendly.com/unabated

[@level1life79]

I feel like one of the best ways to build it up is depositing money.

[@biggoon5555]

I have $1500 to start how do I calculate how much I should bet per play

[@Unabated]

First you need an edge. Bankroll management and bet sizing is useless if you don't have an edge in what you're betting. As the video points out, then you need to decide if you're flat staking or betting proportionally to your edge. A 4% edge, adjusted for quarter-kelly staking would have you betting 1% of your bankroll. 1% of $1500 = $15. As your bankroll grows, your bet size grows.

[@biggoon5555]

@ thank you I believe my edge is college basketball and I will take this advice you told me

[@Ayz53]

What’s like the average bank roll or a good amount to start with

[@Marshallmallowlol]

My bankroll is $1000 and my unit size is 2%, or $20. If I were to lose $1000 on sports betting , I’d probably want to move on.

[@luciantataru8773]

$5000 Bet 5%-10%

[@kidrational2802]

I started sports betting a month ago and from $60 i built my account up to 6k... then i did something i should have never done and lost it all so now i gotta restart smh

[@E.Asinus]

I did somehow manage to take a $50 free fan duel gift up to $2500 a few years back while i watched sports. Then i bought a boat. I was just betting basketball and hockey. I watch hockey but beating the market can be difficult in hockey. Basketball has huge swings in the odds so i did well cashing out before games finished.

[@seanhazley4814]

Hockey MLs can be all over the place but it has been good to me so far with some tough losses here and there

[@christophermann94]

Ive noticed the NHL hits the under, roughly 58-60%..

[@Christopher-tr1xu]

What is the correct way to identify your edge?!

[@DBCHeavyweightBoxing]

This video has more good tips Jack. Where do you find the best terrain: casinos, online, physical bookmakers, betting exchanges?

[@Unabated]

All of the above. The more places to bet, the more likely you are to find good bets.

[@aidanjamesmonaghan]

Seems money management and wagering formulas (E.G. Kelly) are no substitute for winner picking ability. If there are no winnings to manage, money management strategies are useless. If not, why not?

[@victorrojas6697]

Hi I'm new to the group I got two months sports betting is around robbing worth it I was just throwing away money

[@crazyboi1818]

I turned $20 into $170 through proper bankroll management, unit placement, and betting strategy, and blew it all to $0 in 3 days with the same strategies used to build it. No degeneracy, just losing the right calls. At the end of the day, the books always win.

[@jimbojones9118]

Yep, and if u happen to actually beat the book long enough they will limit your bets

[@emperorofmodding780]

​@@jimbojones9118 there are ways to overcome it

[@dsgfullstop3091]

If I have 1k+ how much should I start with

[@Unabated]

As mentioned in the video, the most important part is finding +EV wagers to make. At that point, everything else falls in line. If your bankroll is replenishable you can be aggressive. If it is all the money you have to devote to this, then you should be more conservative. At $1,000, you're expected value per bet is going to be just a couple dollars at best. You'd be better off just taking advantage of sportsbook promotions and bonuses where you can. That will help build a bankroll large enough that the hourly EV is worth it to you.

[@luciantataru8773]

5% - 10%

[@Tampa_slotz]

Why don’t ur website just charge people for everything that offers the amount to bet as well ..much easier and better for everyone 😉

[@naturespirit33]

Here is what seems to be an easy way to win at betting baseball. We all know baseball teams play mostly 3 game series, sometimes 2 or 4 game series against each other. Stats say that since the 1960's 24% of 3 games series, and 11% of 4 game series are sweeps. Twice a week on wednesday and sunday which are the final bame of most series there a big handful of series 2-0 going into the last game. Each game you have a 76% of winning betting on the team that is 0-2. The occasional 3-0 lead in a 4 game series gives you an 89% chance of winning. I charted this the last month of last season. Most times you are betting on the underdog with an occasional slight favorite. Whats best there is no researching or handicapping. Sure beats trying to pick 58% of pointspread bets. I would like to know what our expert host thinks about this along with everyone else. I can't wait to get started. "LETS PLAY TWO ! "

[@Unabated]

It's like saying that a roulette ball lands on red 48% of the time and on black 48% of the time, if it has landed on red twice in a row, then the odds it'll land on red a 3rd time are .48 * .48 * .48 = 11.06%, so it's 89% to land on black. However, past events don't make future events have any different probability. The odds of landing on black are still 48%.

[@naturespirit33]

No, its like saying something that factually happens 76% of the time...will continue to happen 76% of the time. I know when your a sports betting expert its hard to say "Wow I missed this one" but you and most people including myself missed this one. @@Unabated

[@Unabated]

Why not just bet the first game of the series then? If it loses, double up on the second game, if that loses quadruple up on the 3rd game because there's only a 24% you'd lose. You're literally proving a line in the video.

[@naturespirit33]

A negative progression is one way but if we win one unit 75% of the time and lose 8 units by doubling and quadrupling 25% of the time we are back where we started. I plan to use a weekly positive progression. For instance the first week we bet 5 units on all bets. If we lose that week we bet 5 units each game the next week. If we win the next week we bet 6 units per game. Every week we win all bets go up one unit. I guess there are many ways to bet to take advantage of an edge like this. Thank You@@Unabated

[@mayanroses1]

​@@naturespirit33i like how you think this is some groundbreaking info that nobody has ever thought of before. you're prob the same type of fool going around saying, "in the NFL, it is hard to beat a team 3 times." So you'll have this in NFL Playoff games between existing division rivals. The team that won the 1st 2 times? They win at a 63% clip the 3rd time. So am i saying to blindly bet this angle? No. A ridiculous amount of variables still exist that, in any fair estimation, need to be taken into account.

[@xavier6158]

180mchurns to double what u mean how about compounding

[@Unabated]

Each time you churn (cycle) through your bankroll, you can expect to be ahead an amount equal to your avg edge per wager. So after one churn, if your average edge was 4% and you started with a $10k bankroll, you should be around $10,400. Now as your betsize goes up because your bankroll has gone up, you are leveraging the compounding effect with each future churn. To estimate how many churns it'll take to double, divide 72 by your edge. At a 4% edge, it's 18 churns.

[@mikelparo]

I have $100 bankroll, is there hope for people like me that want to start soccer betting as a living? I have a wife and 2 kids, I need answer

[@Unabated]

Your hourly profit will be $0.20-$0.30/hr. It's probably not worth your time, no.

[@LebronNOTJames1300]

My bankroll is $10

[@NEXTDOORFIRE]

Same lol

[@LebronNOTJames1300]

@@NEXTDOORFIRE 😂

[@luciantataru8773]

good for ice cream

[@BAM_215]

Mine to lol I keep losing having to start from scratch bet $20 on Olympic basketball nd even did some smart tennis parleys the pay would be crazy $1300 only bet $5 it was like 23 legs I kno it’s crazy but it was a hell marry but loss 3 outta 20 so good picks just wasn’t winners then yesterday bet on baseball took a L cause for some reason I bet under 8 you would think most the games would be under 8 or 7 points for baseball but for some reason tonight everybody was going over tonight lol then tonight I only bet 10 tho then I bet right for tomorrow on the Olympic basketball game again got me a free 15 hopefully that brings me back to life wish me luck y’all cause I surely need it 😂😂😂 imma hit eventually 🤷🏾‍♂️

[@LebronNOTJames1300]

@@BAM_215 haha hell nah man. I bet today and lost twice. I’m done with betting I just think this shit is rigged. I be betting with what Vegas say to bet and I still lose. So yeah I’m done with that shit.

[@captnkirksmoviequeue8294]

This is like unwrapped for millennials with high functioning autism. And I’m front and center

[@United_Wings]

🤑

[@xavier6158]

Hey captain bablalu how does this app of yours suppose to help pck my 4 pct edge daily you nevver really go into details .your 200 month exactly for what not sure

[@Unabated]

Interesting spelling. 🤔 Our KZbin channel is educational. The meat & potatoes of how to find edges, quantify edges, and sustain edges is all on our site. Here's a brief tutorial showing how to use a couple of our tools. kzbin.info/www/bejne/aV7EiniPiKaFq68 You can also sign up for a demo at calendly.com/unabated

[@ThePatriots010304]

You need at a bare minimum $5,000 to make sports betting worth your while but ideally, I'd say you'd want a minimum of $10,000.

[@rosswatson3993]

That's just not true at all

[@tmasst07]

Why do say that?

[@christophermann94]

I started at 100 bucks two months ago and im at 500 now, and having a blast. Also hitting at 56%

[@MalikTheMessenger]

@@christophermann94started with a $50 sign up bonus and I’m now at 3k. It’s not the skill of the man it’s the will of the man.

[@Jackierose669]

10k min???? Yikes!

[@djfranck23]

This is so hard to understand. Didn't know you needed a degree to be into sports betting. People need to understand that in the end, it's just gambling on an outcome that you cannot predict. My #1 rule is: when the outcome is so obvious, bet the other way!

[@MC-un1nx]

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