On behalf of another person:
A particular system, The Leader system, caught my attention as I like its simplicity. (http://betselection.cc/straight-up-2/leader-system/)
However we all know that a system itself isn't complete without proper money management and psychology.
Based on my understanding of the Leader's bet selection, I came out with a simple money management plan on it:
Bankroll should be 50 times the wager amount. Example a bankroll of $100 is needed for a wager of $2.
As we make a total of $300 (including the initial $100 bankroll), we can upgrade the bankroll to $200. Its always best to upsize using winnings.
If any case we hit a stop loss (lost the $200 bankroll) we still have the $100 to start over. Below is a simple table that shows the money management:
Bankroll Need Wager
100 2
200 300 4
300 500 6
400 700 8
500 900 10
600 1100 12
700 1300 14
800 1500 16
900 1700 18
1000 1900 20
Target profit is 100% return, using a bankroll of $100 to make $100. Stop loss is losing of the bankroll.
Either way, always walk away and call it a day.
Based on your roulette experiences, please provide some advices if the above mentioned money management seems logical and realistic to you?
Thanks so much!
Regards,
A particular system, The Leader system, caught my attention as I like its simplicity. (http://betselection.cc/straight-up-2/leader-system/)
However we all know that a system itself isn't complete without proper money management and psychology.
Based on my understanding of the Leader's bet selection, I came out with a simple money management plan on it:
Bankroll should be 50 times the wager amount. Example a bankroll of $100 is needed for a wager of $2.
As we make a total of $300 (including the initial $100 bankroll), we can upgrade the bankroll to $200. Its always best to upsize using winnings.
If any case we hit a stop loss (lost the $200 bankroll) we still have the $100 to start over. Below is a simple table that shows the money management:
Bankroll Need Wager
100 2
200 300 4
300 500 6
400 700 8
500 900 10
600 1100 12
700 1300 14
800 1500 16
900 1700 18
1000 1900 20
Target profit is 100% return, using a bankroll of $100 to make $100. Stop loss is losing of the bankroll.
Either way, always walk away and call it a day.
Based on your roulette experiences, please provide some advices if the above mentioned money management seems logical and realistic to you?
Thanks so much!
Regards,