Bankroll & Max Bet Size

Hello All,

Does anyone have advice on the percentage of bet size compared to bankroll? Example if I had $100 bank roll and made $10 bets that is 10%. Too much or about right? If it makes any difference I like outside bets on Roulette and maybe Baccarat as well.

In addition, any advice on stop loss & win percentages? I was thinking if I lost 30% I would stop for the day. If I won up to 30% I would stop. What do you suggest?

Thank You!

Quote: BillionDollar

Hello All,

Does anyone have advice on the percentage of bet size compared to bankroll? Example if I had $100 bank roll and made $10 bets that is 10%. Too much or about right? If it makes any difference I like outside bets on Roulette and maybe Baccarat as well.

In addition, any advice on stop loss & win percentages? I was thinking if I lost 30% I would stop for the day. If I won up to 30% I would stop. What do you suggest?

Thank You!

Not enough information given, what are your goals?

Looking at short runs playing off runs of red / black. Not looking for huge wins or losses that's the stop loss up 30% down 30% stop. The way I see it I'm not getting 10% in the market and if I can do that in less then an hour that is a good deal.

I just want to know what the max bet size should be? 5-10% reasonable or too high?

in games like 3x4x5x craps that have reasonably high but not crazy variance, I have found I want at least 10 times my average bet as session bankroll. I usually go with more, but that would translate as 10% looking at it from the angle you are.

PS

Quote:

I'm not getting 10% in the market and if I can do that in less then an hour that is a good deal

Dude! that is some kind of goofy thinking there

Quote: BillionDollar

Hello All,

Does anyone have advice on the percentage of bet size compared to bankroll? Example if I had $100 bank roll and made $10 bets that is 10%. Too much or about right?

sounds ok to me
too much or not enough is about the goal(s) you have per one session(day)

Quote: BillionDollar

If it makes any difference I like outside bets on Roulette and maybe Baccarat as well.

ok

Quote: BillionDollar

In addition, any advice on stop loss & win percentages?

well, imo, they are just an illusion. you play only one lifetime session and then are dead...
and that is made up of lots of smaller sessions

of course, if the goal is to have fun playing, I think that is super

Quote: BillionDollar

I was thinking if I lost 30% I would stop for the day. If I won up to 30% I would stop. What do you suggest?
Thank You!

so your day session bankroll (not lifetime)
would then B 3 units
sounds good to me
<<<<<>>>>>
at Roulette, for example,
18/38 bets
flat betting one unit at a time
one has a 42.16% chance to win 3 units B4 losing 3 units
a/(a+b)
a=(18/38)^3
b=(20/38)^3

if the bet was $5 and not $10
so 6 units (for a day session bankroll)
now ruin is the odds on favorite
one has a 34.7% chance to win 6 units B4 losing 6 units

so bankroll units is important in trying, one time, to hit a win target

for those that like betting 2 sections at a time (you mentioned this B4) I get
3 units to 6 units success = 45.059% (slight better than even money bets)
6 units to 12 units success = 35.787%
http://catlin.casinocitytimes.com/article/some-gamblers-ruin-questions-part-2-19692

added: correction for 2 section bet
(betting 1 unit on even money bet at 1 unit remaining)
3 units to 6 units success = 42.28%
6 units to 12 units success = 34.93%
I used a transition matrix

Don Catlin formula wants a full bet to be made always
Don was such a nice man

fun question
Sally

for those that like betting 2 sections at a time (you mentioned this B4) I get
3 units to 6 units success = 45.059% (slight better than even money bets)
6 units to 12 units success = 35.787%
/article/some-gamblers-ruin-questions-part-2-19692



Thank You for the information and the article.

The notion of stopping if you are down 30% is useless regardless of what game you are playing. If you have $100 and are not going to allow the balance to fall below $70, then your bankroll is not really $100, it is $30. So just put down $30 and then you don't have to worry about stopping, just keep playing until you either win enough (which would be balance = $60 in your example) or you're broke. Mathematically this is exactly the same thing as starting with $100 and having limits of $70 and $130, but you avoid the temptation to keep playing if your balance falls to $70. By putting down $30, your only temptation is to avoid investing more money if you go broke.

If I had a friend who wanted to be a professional Blackjack player and he had a bankroll of $20,000 and he asked me what level of bet size should he play at, this is what I would tell him:


1. Take your bankroll and divide it into 5 bankrolls, i.e, $4,000 - because you will inevitably lose a bankroll or two.
2. Then take your $4000 bankroll and divide it by 200. That is $20.
3. Then that is the level of the game you should play: $20
4. When you have doubled the size of your bankroll, you may double your bet size.

5. Good luck. You can sleep on my couch should you ever need to.

I think you're looking for an external fix for an internal desire to gamble. Nothing wrong with that but there is no strategy to get where you want to get (without AP).

Bring whatever you're willing to lose, leave whenever you feel like you've won enough.