Hi Pauls123,

I would be very careful about betting as high as 5% of your bank as it only allows you 20 losses before you destroy your bank. I use a 2% of maximum bank non reducing and have found it acceptable to my betting. At one stage I had lost about 50% of my bank but it has recovered to be now 3 times the low point. If I had been using 5% the bank would surely have been wiped out. I know Bhagwan has previously suggested 0.5% as been a very safe starting point i.e. $5 for a starting bank of $1000. but this may be too cautious for your liking. Just make sure you give yourself a comfortable buffer when things turn pear-shaped and you hit that losing run!

Try Try Again