Originally Posted by
fitguy67
Hey LT,
Important Money-Management Q for you...right now you've got 8 remaining MLB plays locked in (btw, congrats on the two TOR/NYY winners!)...and 9 Football plays (2 college/7 pro) also locked in (1 NFL will be settled tomorrow, 2 CF on Sat, and 6 NFL on Sun)...
**You've stated often that a unit for you is 2.5% of bankroll. I've always assumed that this means each play represents 1/40th or 2.5% of your total-bank for ALL sports...in this case the 17 units yet-to-be-settled represent a bit over 42.5% of your total all-sports bankroll...
****It has recently occurred to me that you instead might mean that a unit is 2.5% of each "sport-specific" (or "segregated") bankroll. Meaning u'd have about 20% of your MLB-bank tied up with your 8 open MLB plays, about 5% of your CF-bank tied up in your two open CF plays, and about 17.5% of your NFL-bank tied up in your 7 open NFL plays.
The $-size of the open-play "footprint" is much larger in the case of the former (total-bank based units) definition, than in the latter (segregated-bank based units) case. If your "2.5% units" were based separately on each sport's specific bank, the total $ amounts in play right now would be considerably smaller...eg. if each sport had an even one-third of the total-bank...then each unit would really represent just about 0.833%...and the 17 outstanding plays would tie up just 14.17%...not 42.5% of one's total betting funds.
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I've assumed right along that your unit-size definition is based on one's TOTAL bank...is this right (or have u defined your units in relation to each sport's specific sub-account)?