Bankroll

[Rupert Pupkin]

Originally Posted by unassailable08

What do ya'll suggest as a Good start up bankroll.

thanks again for any help

Aaron

You probably should not bet more than about 2% of your bankroll on any one race. So let's say that you are going to put $200 aside to play the horse for the next few weeks. If you are a win and place bettor, you probably should only bet about $2 WP a race. That way you don't lose more than 1/50th of your bankroll on any one race. That way you're not going to sweat it if you lose 7 or 8 races in a row. Losing 7 or 8 races in a row will not put too big of a dent in your bankroll if you are only betting 1/50th of your bankroll per race.

When you overbet your bankroll, it's much tougher to think clearly. If you have a little losing streak, it can stress you out. When you are stressed out and are playing scared, it's easy to make bad decisions. When I used to bet at Pinnacle, I always did the best when my bankroll was large and I was betting small relative to my bankroll. When I had $30,000 in my account, I didn't get stressed if I lost five or six $500 bets in a row. When I only had $3,000 in my account, I would get all bent out of shape if I lost just three or four $500 bets in a row. It's tough to play like that because no matter how good you are, you will have losing streaks. You don't want to be betting so large relative to your bankroll that a losing streak will wipe you out.