We Start with a $10,000.00 bankroll. Must bet 10% of the bankroll everyday. Straight bets only. First one to 30,000.00 wins.
You lose your bankroll, you lose.
thats me, and ill beat both of you guys count me in, i hit very very well and will not be denied the statfox crown. I want to be like rasheed wallace with the belt over his shoulder, although he lost that to tim duncan and crew, but you know what i mean. Show me the title. To be the best, i must beat the best and i shall do. LoL im ****y, but glad to be at this great forum with some great people, nice to meet everyone and wish me luck!
Maybe this should be changed to at least 5% of bankroll, is there anyone in this forum that bets 10% everyday? does'nt seem like smart money management to me to.
Looks like you are in a world of hurt there MrThrifty - you are certainly not living up to your name ;) My advice would be to not use 30% of your bankroll on each bet, that would really help your longterm chances in this competition (take a look at the size of Walchiks and Friday's bets, they are much smaller).
This would be the same advice I would offer any new gambler too. Remember, this is a longterm event, not a one-night wonder. You can hit the big one, but you can lose everything too. Keep it real with good money management. I usually stick with no/very few bets beyond 7% of my bankroll and usually I do not have more than about 20% exposed at any given time on all my bets combined.