Sorry to Bother everyone but I’ve Started Value Betting now a few Weeks and I’m Getting abit Disheartened by seeing my Bankroll Decrease Dramatically…Any Advice Please on Settings… Number of Bets to Place Daily??.. Any Advice at All Greatly Appreciated
Lower the max odds to perhaps 2.5
You might also want to increase the minimum value from 2% to perhaps 3%. You can read this post on how to reduce variance.
That is a very good point and it triggered another thought in me. I checked how each bookmaker is performing in my statistics in different odds levels. I know the total bets I have is not representative but can be used as a guidance for future decisions.
Ideally, you should try to turn over as much of your bankroll as you can each day. Money left at a bookmaker just sitting in your account is not doing any good at all.
OK…Thats Great…Your information is Priceless…and your Replies are very much Appreciated… Finally what about Time Frame to Start of Event… I’m Currently using 24hrs… Should I have this much lower Maybe??..