Saturday, April 16, 2011

Using Multiple Sports Books + Money Management

Special thanks to client N.S. for suggesting a blog on this topic.

I never keep my whole bankroll in sports books. For example if I have a total bankroll of $10,000 I would put about half of it in sports book accounts and half of it in a bank account at home. That's just playing it safe (think Enron) However, when I bet I would bet 3-4% of the $10,000, not 3-4% of what I have in a particular sports book. Some sports books offer book to book money transfers usually at no charge. The list changes so you want to check with your sports book first.

I start everyone with 5Dimes because I like their interface, they offer good lines and they pay promptly. If your bankroll is small stick with 5Dimes, until you build up your bankroll.

Bet Jamaica and the Greek are owned by the same people and either would be an excellent alternative out if you are in a position to open a second or third account.. They are both A+ rated.

Shopping for the best line is definitely a good idea. If you get +134 at one book and +137 at another the difference adds up over time.

Regards,

George
703-217-0805
gak555@yahoo.com

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