Moneymanagement question

[Hence]

I have a question regarding moneymanagement.

Lets say my bankroll is 3000 euros.

I place around 6 bets a day.

Somedays only one,
some other days twelve.
I use the unit-system so i see my bets as 7/10 or 3/10 etc.


Now i use: 1 unit is (total bankroll * 0.667%),

so a 5/10 bet is: (3000 * 0.667%)(*5)= 100 euro.


When i win 500 euros a 5/10 bet would be:

(3500*0.667%)(*5)= 116.72 euro.


When i lose 500 euros a 5/10 bet would be:

(2500*0.667%)(*5)= 83.37 euro.


Do you guys think this is good moneymagement?

Or is it too defensive/offensive?

[Lyd]

In my opinion, it's a bit more offensive then it should be.

Your 10/10 is 6.67% of bankroll, which is high, especially as on some days you have 10 or so bets. I know you don't bet 10/10 on all 10 bets, but still on some days you can invest close to 1/2 of your bankroll, which is, imo, too high.

Second, I don't think you should change your unit value that soon. 500euro is not great profit if you invest 500euro on average day. It's just one of two good days. But if you raise stakes that fast and then lose same units, you will lose more money then you prevously won. For example, you win 25 units = 500 euro, then you lose 25 units with higher unit value and you lose 586.30 euro.

With such big % of bankroll invested in one bet, I would say that you wait at least for 1000 or even 1500 euro of profit, before you raise you stakes. It's because big ups and downs are very probable. Though my better reccomendation would be that you withdraw that money and to continue to bet with same stake. :)

[Hence]

In my opinion, it's a bit more offensive then it should be.

Thansk for your suggestions. What is your suggestion concerning the %?

Should it be for example 0.3% per unit instead of 0.667?

What type of moneymanagement do you use by the way?