Damn our government
Yes.. It's almost impossible to find an online casino that accepts US residents...
Anyhow the one that I wanted, PinnecleSports, is not accepting US residents. There are a couple with bad reputations but there are not that many choices. Discussing this with some of my friends, who gamble for fun ;) , I have decided to go with TradeSports.com.
They seem to be big enough to be trusted and they also offer more types of betting.
Now it is time to find out how much to invest.
Money management in gambling is very important. Since I am very greedy and I also want to make a lot of money as soon as possible and most importantly I want to be safe, I will go with the "Ladder Money Management".
What is Ladder Money Management?
It is a system I invented. This is how it works:
Whatever the amount is, I will only bet with 5% of the money. If I lose, I will still bet with 5% of the money. If I win, I will keep betting only 5% per game.
So let's say I have $1,000.
I will bet with $50 for the first game.
If I win, I will make $50, If I lose I will lose $50.
So let's say I won. My account now has $1,050. The next bet will be $51.
Let's say I lost. My account will now have $950. The next bet will be $48.
This way I will be on a ladder. Every time I lose I will go down one step and every time I win, I will go up one step. And if I lose one game and win the next I will be back on the same step I was before losing the game.
So if I can keep my winnings by 52% I will make money.
So how much should I start with.
I have already decided and wired money to TradeSports. I will began with $2,500.




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