I want to follow on from my last post by discussing betting bankrolls here. The previous post discussed a 10% ROI but many professionals have far less than that and I have seen as low as 5%. Any positive ROI is fantastic but let us say that you had a 5% ROI early in your career (very good). Let us also say that your average bet size was $ 1000 (very unlikely) and that you could find one great bet per day (very good). Here then your turnover would be $ 5000/week but on a 5% ROI then your expected return would only be $ 250/week working a five day week.

This is less than you would earn doing mundane jobs that school leavers with no qualifications would get. On top of that then the losing runs could be very long and how would you feel about losing twenty bets at $ 1000 in order to make $ 250/week? It simply wouldn’t be worth the stress when the amount made wouldn’t change your life in a positive way. This is why big sports bettors have turnovers in the millions and a yearly turnover of $ 250k would only get you a pathetic $ 250/week. Now look what happens when someone bets $ 10,000 a time and works seven days a week.

Suddenly their turnover is $ 70k/week and $ 3.5 million per year. Based on a 5% ROI then their projected yearly income would be $ 175,000 and so it would be worth it to them to make this much money as long as they could handle the swings. Because a 20 bet downswing would be $ 200k and so not many people would be capable of riding that.

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