Superior Gaming

General Betting Tips - Smart Money Management

Smart Money Management
This is when more money is coming into the house, as opposed to leaving the house.
 
To do this requires discipline, a well thought out mathematical plan, no spur of the momemt impulse bets or spazzy irratic desperation bets.
 
My favourite has always been picking 5 or 6 + money line shots each week, i'll look through all the available action and decide on the 5-6 best value bets, there is always plenty to choose from, so finding 5-6 good money shots is never a problem, once i find my teams, i do this...
 
Remember, if you follow the other tips here for each sport you will see how to find longshots whose chances of winning are greater than their chances of losing, so check out each of the sections
 
Using a $100 bankroll in this example picking 5 teams, the average odds of my teams must be +120 or higher and i need to hit 3 out of 5, 60% to cash out.
 
Straight Bets
 
Team 1 +120 ($10 Win returns $12)
Team 2 +120 ($10 Win returns $12)
Team 3 +120 ($10 Win returns $12)
Team 4 +120 ($10 Win returns $12)
Team 5 +120 ($10 Win returns $12)
 
Parlay
 
Team 1 x Team 2 x Team 3 ($5 returns $53.25)
Team 1 x Team 2 x Team 4 ($5 returns $53.25)
Team 1 x Team 2 x Team 5 ($5 returns $53.25)
Team 1 x Team 3 x Team 4 ($5 returns $53.25)
Team 1 x Team 3 x Team 5 ($5 returns $53.25)
Team 1 x Team 4 x Team 5 ($5 returns $53.25)
Team 2 x Team 3 x Team 4 ($5 returns $53.25)
Team 2 x Team 3 x Team 5 ($5 returns $53.25)
Team 2 x Team 4 x Team 5 ($5 returns $53.25)
Team 3 x Team 4 x Team 5 ($5 returns $53.25)
 
$100 in total bets
 
If 0 teams win i get back $0 (-$100)
If 1 team wins i get back $22 (-$78)
If 2 teams win i get back $44 (-$56)
If 3 teams win i get back $119.25 (+$19.25)
If 4 teams win i get back $301 (+$201)
If all 5 teams win i get back $642.50 (+$542.50)
 
Picking 5 teams is good if they are short priced longshots
 
Using a $196 bankroll in this example picking 6 teams, the average odds of my teams must be +175 or higher and i need to hit 3 out of 6, 50% to cash out.
 
Straight Bets
 
Team 1 +175 ($16 Win returns $28)
Team 2 +175 ($16 Win returns $28)
Team 3 +175 ($16 Win returns $28)
Team 4 +175 ($16 Win returns $28)
Team 5 +175 ($16 Win returns $28)
Team 6 +175 ($16 Win returns $28)
 
Parlay
 
Team 1 x Team 2 x Team 3 ($5 returns $104)
Team 1 x Team 2 x Team 4 ($5 returns $104)
Team 1 x Team 2 x Team 5 ($5 returns $104)
Team 1 x Team 2 x Team 6 ($5 returns $104)
Team 1 x Team 3 x Team 4 ($5 returns $104)
Team 1 x Team 3 x Team 5 ($5 returns $104)
Team 1 x Team 3 x Team 6 ($5 returns $104)
Team 1 x Team 4 x Team 5 ($5 returns $104)
Team 1 x Team 4 x Team 6 ($5 returns $104)
Team 1 x Team 5 x Team 6 ($5 returns $104)
Team 2 x Team 3 x Team 4 ($5 returns $104)
Team 2 x Team 3 x Team 5 ($5 returns $104)
Team 2 x Team 3 x Team 6 ($5 returns $104)
Team 2 x Team 4 x Team 5 ($5 returns $104)
Team 2 x Team 4 x Team 6 ($5 returns $104)
Team 2 x Team 5 x Team 6 ($5 returns $104)
Team 3 x Team 4 x Team 5 ($5 returns $104)
Team 3 x Team 4 x Team 6 ($5 returns $104)
Team 3 x Team 5 x Team 6 ($5 returns $104)
Team 4 x Team 5 x Team 6 ($5 returns $104)
 
$196 in total bets
 
If 0 teams win i get back $0 (-$196)
If 1 team wins i get back $44 (-$152)
If 2 teams win i get back $88 (-$108)
If 3 teams win i get back $236 (+$40)
If 4 teams win i get back $592 (+$396)
If 5 teams win i get back $1260 (+$1064)
If all 6 teams win i get back $2344 (+$2148)
 
Picking 6 teams is good if they are higher priced longshots
 
You can adjust your bets accordingly to balance out the payouts and make each ticket as even as possible, for example, if you have one team at huge odds like +400, bet a bit less on them, and bet more on the shorter priced team, the goal is to cash out the same amount no matter which 3 teams hit, balance, you can also key on just one team if you feel strongly about them, this will save you some money and not decrease your payout, for example, on the 6 team parlay combination you are only betting 10 combinations instead of 20, this is best done when it is the first game, or the last game if you really want to get pumped and look forward to watching a big payout game.
 
The above examples are about having a goal and making precision bets with a purpose, we're not flying all over the place betting here and there, we want to be as efficient as possible with our bets, all the bets should have similar payouts.
 
You may not like the system above, and like to do things your own way, as long as you are consistent and not irratic stick with what works for you, and keep it in the green and out of the red, and don't forget to cash out, set your cashouts at 50% above, so if you start with $100 and roll it up to $150, cashout $50 and leave your starting $100 bankroll in there, if you hit a bad roll don't panic, the time to double up and let it all ride on one game is when you are at 25% of your starting bankroll, so if you had $100 and now have $25 left, bet it all on a straight up even money shot, when you do this, put it on your go to team, everyone has a few, the guys that come through for you when you need them.
 
Good Luck
 

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