wtf are units?

[oaks05]

I hear people betting units and what not and not exactly sure what they are talking about a little info please, that shows how much of a newbie i am thanks~!

[SATERSTYLE]

http://www.predictem.com/handicappers/units.php

[itchypickle]

If you bet $100 per wager....that is 1 Unit. So a $200 bet would be a two unit bet and so forth.

If your unit size is $100 = 1Unit but you only want to bet a half unit on a small play, this would mean a $50 wager is a .5 or half Unit bet.

Good luck.

[eberetta1]

If I bet $15 a game, one would call that 1 unit. Then if I feel super confident in a bet and risk 3 units, I would be betting $45.

[TheMoneyShot]

oaks - Do yourself a favor... and never wager more than 1 unit. You'll thank me in about a year from now.

[Optional]

oaks - Do yourself a favor... and never wager more than 1 unit. You'll thank me in about a year from now.

I wish you had mentioned that about 2 hours ago. Before I flushed 8 units on Australia in the rugby.

[LarryF]

A one unit wager is always the right wager. Remember the is is gambling! BOL.

[statnerds]

A unit should represent a consistent % of your Bankroll. When I post a play on here, they are all 1 Unit, which would be 2.5% of BR. Sometimes I go a little lower on higher depending on my confidence in the play.

A funny thing about posters on this board is their misuse of units. I could maybe let someone slide on a 1.5 or even 2 Unit play. But anyone that posts plays of 3, 5, 8 or 10 etc Units is full of shit and has no idea what he or she is doing. If you run into that, simply ask them what 1 Unit represents to them in relation to their BR. Now you will learn that they either have no idea what a Unit means or they have no idea what % of their BR they are risking on their own plays.

For example, if the poster says 1 Unit = 2.5% of my BR, then they are throwing out 5 Units plays, run from them. No one should ever risk anything over 5% on one play, let alone 12.5%.

Example two, if poster says 1 Unit = $100, run from them. Who the fukk likes a play so much that would risk 5X or 8X their normal play? Again, ask them to convert that to a percentage of their BR. The only way a 6 Unit play makes sense is if a Unit = .50% of their BR. That would be yet another example of horrible money management.

I would recommend only tail people with proven, transparent records (good luck with that one) and proper money management skills. The majority of people would fail on those 2 qualifiers.

The best tip I can give you is 95%+ of bettors lose long term and 95%+ of posters on this board are full of shit.

GL

[StackinGreen]

A unit should represent a consistent % of your Bankroll. When I post a play on here, they are all 1 Unit, which would be 2.5% of BR. Sometimes I go a little lower on higher depending on my confidence in the play.

A funny thing about posters on this board is their misuse of units. I could maybe let someone slide on a 1.5 or even 2 Unit play. But anyone that posts plays of 3, 5, 8 or 10 etc Units is full of shit and has no idea what he or she is doing. If you run into that, simply ask them what 1 Unit represents to them in relation to their BR. Now you will learn that they either have no idea what a Unit means or they have no idea what % of their BR they are risking on their own plays.

For example, if the poster says 1 Unit = 2.5% of my BR, then they are throwing out 5 Units plays, run from them. No one should ever risk anything over 5% on one play, let alone 12.5%.

Example two, if poster says 1 Unit = $100, run from them. Who the fukk likes a play so much that would risk 5X or 8X their normal play? Again, ask them to convert that to a percentage of their BR. The only way a 6 Unit play makes sense is if a Unit = .50% of their BR. That would be yet another example of horrible money management.

I would recommend only tail people with proven, transparent records (good luck with that one) and proper money management skills. The majority of people would fail on those 2 qualifiers.

The best tip I can give you is 95%+ of bettors lose long term and 95%+ of posters on this board are full of shit.

GL

First off, statnerds, can you give us a definition of or way to calculate bankroll? Lots of people bet on credit too, which fuzzes the picture up.

Flat betting is not the way to go if you want to win in this game. Even the Kelly method will show you that. If you don't feel like you have higher advantages in games from one situation to the next, you either don't care enough and just want action for fun (which means you are betting little) or you don't know enough/don't have enough skill.

Considering how you view stats and behavior, you would think I'm an "idiot" but I consistenly execute what you would call "dominating" the NFL. Yes, like you said 90%+ of the time you're going to be right but the 5% that actually win consistently (and can prove it) will bet 4-5x our minimum wager on a relatively consistent basis. It all depends on the game.

[Inkwell77]

I've been wondering what is the prime % of bankroll someone should use as a unit.

If I have a $10,000 bankroll, do most believe that 1% is the most effective choice or is 2.5%, as statnerds uses, more effective?
I read here somewhere that if you bet 5% of you bankroll per play (at -110 lines) you have to hit 60% over a 500 play timespan make money, which is crazy, but it does make some sense because of varience, I'm just not sure if this claim is 100% true.

at 1% per unit you have to hit at about 53% to stay a little above even when only playing -110 lines.

So if it is true that you have to hit 60% over a 500 play timespan when using 5% of your bankroll per play to make money, and you have to hit 53% when using 1% of your bankroll to make any money would this following theory make sense??

Percent of games you have to pick correct at -110 lines is the left hand column, unit size is to the right.

53% - 1 unit per play
54.75% - 2 units per play
56.5% - 3 units per play
58.25% - 4 units per play
60% - 5 units per play

Is that right? I don' think it is because I just found the average between the two, when I should probably be using percents or something.

[StackinGreen]

Like I said, I don't believe in flat betting.

[birdmanweezy]

I've been wondering what is the prime % of bankroll someone should use as a unit.

If I have a $10,000 bankroll, do most believe that 1% is the most effective choice or is 2.5%, as statnerds uses, more effective?
I read here somewhere that if you bet 5% of you bankroll per play (at -110 lines) you have to hit 60% over a 500 play timespan make money, which is crazy, but it does make some sense because of varience, I'm just not sure if this claim is 100% true.

at 1% per unit you have to hit at about 53% to stay a little above even when only playing -110 lines.

So if it is true that you have to hit 60% over a 500 play timespan when using 5% of your bankroll per play to make money, and you have to hit 53% when using 1% of your bankroll to make any money would this following theory make sense??

Percent of games you have to pick correct at -110 lines is the left hand column, unit size is to the right.

53% - 1 unit per play
54.75% - 2 units per play
56.5% - 3 units per play
58.25% - 4 units per play
60% - 5 units per play

Is that right? I don' think it is because I just found the average between the two, when I should probably be using percents or something.

doesnt matter if you use 100 as a unit or 100,000...still have to hit 53% it doesnt increase with bigger bet amounts

[LT Profits]

A unit is, well, a unit of measure that puts all bettors on the same level. A big bettor's unit may be $5,000 while a small bettor's unit may be $50, but expressing plays as units makes everything relative and puts everyone on the same playing field.

[Focused]

So do you have to recalculate your units everyday depending on your winnings and bankroll?

[Optional]

So do you have to recalculate your units everyday depending on your winnings and bankroll?

You can.

I adjust my unit size every time my bankroll increases or decreases by 50% of my starting amount. For me, that starts with $20 units on $1000, and goes up or down $10 with every $500 I am above or below $1000.