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Bankroll Vs Profits

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RobertAM
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Gaining experience
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Joined: Tue Nov 09, 2021 5:51 pm

Bankroll Vs Profits

Sat Nov 13, 2021 6:13 pm

Hi Everyone,

I hope you are all well and making some money!

I have a question about making £500 profit per month. Due to my work I have quite a lot of time to dedicate to something like sports arbitrage (for me I was looking at prematch sure betting) but my bankroll maybe lacking a little.

I would like to be aiming for around £500 per month. I think a minimum would be £400 because that would allow me to pay some expenses but then reinvest a good portion back into sports arbitrage and build up my bankroll.

I have round £1000 to start with. Is this doable? If you think so then what advice would you give going forward on how to reach profits like £400-£500? Or so this impossible?

Thanks
L
Gaining experience
Gaining experience
Karma: 8
Posts: 38
Joined: Wed Feb 10, 2021 9:34 pm

Re: Bankroll Vs Profits

Sat Nov 13, 2021 8:07 pm

I don't think you can make 40-50% ROI per month with pre-match sure betting. Something like 10-20% is more realistic. But another big problem with pre-match sure betting is that your accounts most likely will last for a very short time. Also you have to take into account subscription price for some alert service. Then take into account possibility of making mistakes. So I guess making around 100$ net profit is realistic with such bankroll but again it may not last event one month.

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