A change in units from my previous posts. Below will be my units for each play along with the formula
"Projected Money Line" Plays and "Strong" Plays will be 1 unit each. I will not wager any more and any less than 1 unit with each play. All my plays carry the same weight for wagering purposes and the record/results are based on 1 unit per play. The flat betting formula will be as follows:
Favorites: Bet Size = 2u/((100/ODDS)+1)
Underdogs: Bet Size = 2u/((ODDS/100)+1)
Here is an example for the player who plays 1 unit = $100.00
Favorite @ -160:
1.23 to win .77 ($123.00 to win $77.00)
The total risk + reward is = to double the unit amount.
Underdog @ +200
.67 to win 1.33 ($67.00 to win $133.00)
The total risk + reward is = to double the unit amount.
When inserting the
odds in the above formula do not use (-) or (+) symbols.
If you have any questions let me know. I will be posting the wager amounts if you are a $100.00 per unit player. If your unit amount is less than $100.00 you will have to do the math yourself.
I will be flat betting taking my unit amount (1 unit) and bet the amount that the risk + the win = double (2x) the unit amount or size. Every game i wager will have equal value and this is true flat betting and IMO is the best way to manage your money and to wager correctly. Believe it or not most people do not understand what flat betting is and hopefully this will help you understand. Not only is playing the right games based on the Money Line important but also equally as important is your wager amount whether wagering on a dog or favorite. The incorrect way to wager is this: If you are betting a -115 fav, you bet 115 to win 100, and if you are betting a +160 dog, you bet 100 to win 160. If you are serious about making money this Baseball season you need to understand flat betting and use it the correct way.