How Do You Figure Your Units Won

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  • TGoat
    Restricted User
    • 08-07-09
    • 612

    #1
    How Do You Figure Your Units Won
    Have I been figuring my net units wrong?

    Let's say your unit size is $100 and you bet 100 games winninng 60 and losing 40. Here in Vegas if you bet $100 and win you get back $191 for $91 profit. So you multiply 60 *.91 and then subtract the 40 for +14.60 Units, or a net profit of $1460.00. $1460 profit divided by $10,000 wagered equals a 14.6% ROI.

    But let's say you bet with a bookie. Now when you bet $100 and win you get back $100, but if you lose you pay $110. So the calculation would
    be, (60 *1) - (40 *1.1) for +16 Units, or a net profit of $1600. $1600/$11,000 (110*100) =14.54%, or basically the same ROI.

    So in actuality, isn't the the unit size for the second way really $110?

    Maybe I'm just playing semantics, but how does everyone else do it? (I've been doing it the first way.)

    The reason I ask is because the second way makes your results look better.
  • Domestic
    SBR Hall of Famer
    • 02-10-09
    • 6323

    #2
    I do it the first way.
    Comment
    • schenker88
      SBR MVP
      • 01-13-10
      • 1877

      #3
      by bookies
      it depends on you bet on 'to risk' or 'to win'
      if to risk: u r risking 100 to win 90,91
      if to win: u r risking 110 to win 100 in this case
      Comment
      • doublec
        SBR High Roller
        • 12-16-09
        • 196

        #4
        Yeah, I think your "unit" would then be $110. The easier way to make your units look better is just to make everything a 5 unit play.
        Comment
        • ngates815
          SBR Posting Legend
          • 12-01-09
          • 13845

          #5
          You bet 110 to win 100. You also bet 220 to win 200.

          You lose the 1st bet, then you are -1.1 Units. but then you win the second bet(so +2 units that bet) now for a total you are +1.1 units.


          If you lose you take your Risk amount as a negative unit, and if you win you take your win amount as a positive.
          Comment
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