Money management for sports betting...

If you knew that over the course of a calendar year that you would win between 55%-62% of your sports bets on lines of -150 and below and some + ml underdogs, how would you manage your money if you had a $10k bankroll to start off and you wanted to bet between 1% to 3% of the bankroll to start out readjusted annually? Would you flat bet or use a cancellation method like the labouchere or some other method? This would average roughly 1 bet a day between 300-400 total bets for the entire calendar year and all plays would be ranked equally important throughought the year. How would you manage the money to grow the $10k bankroll the best? Thanks for your help. Take care.

My answer, for any advantage play, is to follow the Kelly Criterion.

If you are only 55% on a -150 line, you've not got an advantage.

That said, on a 55% advantage on a -110 bet, the calculators show around a 5.5% stake ($55 on a $1000). That seems excessive, especially as it's hard to calculate your exact edge at sports. I would go for a maximum of 2.5%, and I would also NOT recalculate after every bet, but only adjust once I had gained 50% (or lost 50%), then up the bet with your new bankroll.

It takes a long time to increase your bankroll with sports betting.

55% on a $25 bet only increases your bankroll by $1.24 per bet. Or 806 bets to double, 403 bets to grow by 50%. A Full Kelly gets you there faster. IF your sure you have the edge you think you have.