How Much Should You Bet on NBA Moneyline to Win Big?
When I first started betting on NBA moneylines, I made the classic rookie mistake—throwing $500 on a -800 favorite because it felt like "easy money." The Lakers were up by 18 points in the third quarter against the Timberwolves, and I was already mentally spending my $62.50 profit. Then Anthony Davis tweaked his ankle, LeBron got into foul trouble, and Minnesota went on a 28-6 run. I learned the hard way that day: there's no such thing as a sure bet in the NBA.
The psychology behind betting amounts reminds me of that feeling in Sunderfolk when you get a powerful new card but have to sacrifice an old favorite. You're constantly weighing opportunity costs, just like when deciding whether to risk $200 on a +150 underdog or play it safe with $50 on a -250 favorite. I've developed what I call the "5% rule" for my serious bets—never risking more than 5% of my bankroll on any single game, though I'll occasionally break it for what I call "conviction plays." Last season, I put 8% on the Kings at +380 against the Grizzlies when I noticed Ja Morant was playing through what appeared to be a wrist injury that wasn't being reported. That bet alone covered my losses for three weeks.
What most casual bettors don't realize is that winning big on moneylines isn't about always picking winners—it's about finding mispriced odds and managing your stake sizes accordingly. The sportsbooks know that 72% of public money typically flows toward favorites, which creates value on underdogs if you know where to look. I keep detailed spreadsheets tracking how different bet sizes perform across various odds ranges, and the data shows something fascinating: betting between $75-$125 on underdogs priced between +200 and +400 has generated 63% of my total profits over the past two seasons, despite only representing about 30% of my total wagers.
There's an art to increasing your stake when you have an edge that reminds me of Sunderfolk's upgrade system. Just like how you might invest more resources into upgrading a weapon that synergizes perfectly with your playstyle, I'll sometimes triple my normal bet size when I find a situational edge that the market has overlooked. Like last February when the Celtics were -110 on the road against the 76ers, but I knew Joel Embiid was battling food poisoning from a source close to the team. That's the kind of intel worth betting 12% of your bankroll on rather than the standard 5%.
The emotional rollercoaster of watching these bets play out is something else entirely. I've found that the sweet spot for my personal risk tolerance is betting amounts where a loss stings but doesn't cripple me—usually between 2-7% of my total bankroll depending on my confidence level. When I bet too small, I don't care enough to properly analyze the games. When I bet too large, I make emotional decisions during live betting. It's that same tension Sunderfolk creates when you have to choose which card to discard—you need enough emotional investment to stay engaged but not so much that it clouds your judgment.
Bankroll management separates the professionals from the recreational bettors more than picking winners ever could. I know guys who can hit 55% of their picks but still lose money because their bet sizing is all over the place. The math is brutal—if you bet 10% of your bankroll every game and win 55% of your bets at average odds of -110, you'd actually lose money due to the volatility. Whereas betting 2% with the same hit rate would generate steady growth. I've settled on a sliding scale where I bet more on games where I have what I call a "structural edge"—like when a team is on the second night of a back-to-back but the line hasn't fully adjusted.
At the end of the day, the question of how much to bet comes down to your personal financial situation and risk tolerance. I typically recommend starting with units of 1-2% of your total bankroll and never deviating beyond 5% until you have at least six months of proven results. The temptation to "make it back" with one big bet is what destroys most betting accounts—I should know, I blew up my first two accounts before adopting proper stake management. Now I treat my betting bankroll with the same seriousness as my investment portfolio, because ultimately, that's what it is—an investment in my ability to find mispriced assets in the NBA betting market.
The parallel to Sunderfolk's progression system really resonates with me here. Just as you wouldn't waste all your upgrade materials on one weapon early in the game, you shouldn't risk your entire bankroll on what seems like a sure thing. The season is long—there are 1,230 regular season games plus playoffs—and the real skill isn't in winning any single bet, but in managing your resources so you can capitalize when genuine opportunities arise. My most profitable season came when I won only 52.3% of my bets but managed my stakes so well that I turned a $5,000 bankroll into $14,200. That's the power of proper bet sizing—it turns slightly profitable picks into significantly profitable seasons.
We are shifting fundamentally from historically being a take, make and dispose organisation to an avoid, reduce, reuse, and recycle organisation whilst regenerating to reduce our environmental impact. We see significant potential in this space for our operations and for our industry, not only to reduce waste and improve resource use efficiency, but to transform our view of the finite resources in our care.
Looking to the Future
By 2022, we will establish a pilot for circularity at our Goonoo feedlot that builds on our current initiatives in water, manure and local sourcing. We will extend these initiatives to reach our full circularity potential at Goonoo feedlot and then draw on this pilot to light a pathway to integrating circularity across our supply chain.
The quality of our product and ongoing health of our business is intrinsically linked to healthy and functioning ecosystems. We recognise our potential to play our part in reversing the decline in biodiversity, building soil health and protecting key ecosystems in our care. This theme extends on the core initiatives and practices already embedded in our business including our sustainable stocking strategy and our long-standing best practice Rangelands Management program, to a more a holistic approach to our landscape.
We are the custodians of a significant natural asset that extends across 6.4 million hectares in some of the most remote parts of Australia. Building a strong foundation of condition assessment will be fundamental to mapping out a successful pathway to improving the health of the landscape and to drive growth in the value of our Natural Capital.
Our Commitment
We will work with Accounting for Nature to develop a scientifically robust and certifiable framework to measure and report on the condition of natural capital, including biodiversity, across AACo’s assets by 2023. We will apply that framework to baseline priority assets by 2024.
Looking to the Future
By 2030 we will improve landscape and soil health by increasing the percentage of our estate achieving greater than 50% persistent groundcover with regional targets of:
– Savannah and Tropics – 90% of land achieving >50% cover
– Sub-tropics – 80% of land achieving >50% perennial cover
– Grasslands – 80% of land achieving >50% cover
– Desert country – 60% of land achieving >50% cover