Frank White said:
I HAVE 2 BROAD QUESTIONS -
1) WHAT IS YOUR MONEY MGT SYSTEM? I LIKE TO FLAT BET IN GENERAL - BUT ESPECIALLY ON BASEBALL (AND ANY OTHER MONEYLINE PLAYS). DO YOU HAVE ANY STRATEGIES FOR BETTING BIG CHALK - MAYBE EVEN LAYING OFF THEM ALTOGETHER?
2) WHAT ARE YOUR THOUGHTS ON THE LINE MOVES?
THANKS AGAIN!
Frank....a couple interesting questions in that you could say many very good cappers have different views, and in no way do I speak for everyone on these 2 questions, but I will share my thoughts.
1. Money management as I'm sure you already know is probably the single most important thing in sportsbetting...baseball especially. With the baseball season being as long as it is, there is no way your not gonna hit some slumps somewhere during the season..it's gonna happen to the best...that's when you're gonna need it!
What I would recommend is for your betting unit to be a certain percent of your starting bankroll. Here's what I do, which to some is even considered to be a bit on the aggressive side:
1 Betting Unit = 2% of the starting bankroll for the season. Example: If your starting bankroll is $10,000 then your normal bet would be $200
2 Units = 4% of the starting bankroll. (Very small % of your plays)
Like I said, that's even considered a bit on the aggressive side to some pros and actually I used to have my max set at 5%, but I definately recommend to NEVER go more than 4 or 5% on a single play. There's way to much that can happen in a game to justify playing more than that on a game. Betting is not a sprint, the wins will come. As far as varying the bets, of course there's many views on this as well, but personally most of all my plays are for my normal 2% (1 unit) of the bankroll.
Personally, I don't flat bet. I typically play to win a unit on a favorite or play a unit on the dog. I know there's different views on this, but basically that has worked out well for me in the past. I guess if you're laying heavy chalk on a frequent basis, flat betting may be more your style, but as for myself, I don't play what I would consider a large amount of heavy chalk so I'll leave it at that.
2. The question on line movement??? Well, let's just put it this way...I Don't look at line movement at all in baseball when capping the games!! I'm not saying it can't be a good tool to use when capping the games, as I know several successful cappers that do look at this, but I don't do it.
Just from my past experience, getting a really early start on capping the games, you can get a BIG edge with the lines on certain games. Personally, after breaking down the game, I almost always have a sense of which way the line will move. Baseball is unique in that many books still offer the dime line or better(Pinnacle) and with early capping it's unreal how much of an extra profit you can grind over the course of the season with the books by getting a lot of the handicapping done early. Of course, there are times where this is not the case. If after breaking down the game, you're finding some "special" situtional mismatches that you are weighing heavily in that particular game, many times you're better to hold off before placing the bet as the line will many times continue to go to your favor as the overall betting public is not recognizing these unique situations.
Sorry for rambling on. Good luck on the upcoming baseball season Frank!
