Things have slowed up a bit turning into the end of November. This is the usual way it goes with a flurry of good totals most of November then back to earth as we search for positive EV setups.
On Monday we had 2 one unit plays going 1-1. In College Hoops, we lost with Kentucky Under 158 115-69 and in the NBA we won with Atlanta +14 100-105.
So far today no plays have been sent out as all games are late games.
An instructive email exchange:
“Regarding the bankroll discussion that’s been going on and off the past few weeks, I wanted to get your take on when it makes sense to rebalance. How often are you recalculating your bet size?
Thanks as always”
“I do it daily
So whenever your account balance changes your bet size does. Your bet size should go up and down on a daily basis.
You could even do it on completed games rather than each day. A day is an artificial period so actually completed games would be even a better way.
Remember however that if you get a situation where let’s say you’re a 3% bettor and you get 2 or more games going off at the same time. Then you need to reduce your bet size.
So say you have 5 games to bet on you do not want to have 15% of your bankroll at risk. It would be better to cut the bet size in half for 5 games or more. Less than 5 reduce bet size by .5 or 1 %”
I will try to get caught up on answering emails now that we are going to slow up a bit. Be sure and send any questions you have my way as now is a good time to discuss various issues or techniques.
Good Luck Today
RickJ’s Handicapping Picks