Interesting theory

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  • Mackballs
    SBR Hall of Famer
    • 12-01-16
    • 5810

    #1
    Interesting theory
    Had a friend tell me that a bettor's unit size should typically be right around what they make per hour at their job. I thought this was a decent concept providing the person has other areas of their life under control.
  • Seaweed
    BARRELED IN @ SBR!
    • 01-19-12
    • 26318

    #2
    What does half the forum do who don't work?
    Comment
    • Otters27
      BARRELED IN @ SBR!
      • 07-14-07
      • 30760

      #3
      Sound about right. If I kept my betting size at around $20 Dollars I'd be good. I give my mom all my money anyways so not really applicable here. Welcome to the forum
      Comment
      • JayRow
        SBR Wise Guy
        • 02-13-09
        • 871

        #4
        Disagree. For me my unit is 8x my hourly wage. 1 unit should equal 1 days' work!
        Comment
        • Booya711
          BARRELED IN @ SBR!
          • 12-20-11
          • 27329

          #5
          Average unit size at SBR is 2.5"
          Comment
          • greenhippo
            SBR Hall of Famer
            • 02-15-12
            • 9091

            #6
            Your friend works an hourly job, and you're taking advice from them? Jesus Christ.
            Comment
            • Mackballs
              SBR Hall of Famer
              • 12-01-16
              • 5810

              #7
              Hippo don't hate because you're no longer eligible for OT.
              Comment
              • Mackballs
                SBR Hall of Famer
                • 12-01-16
                • 5810

                #8
                Originally posted by JayRow
                Disagree. For me my unit is 8x my hourly wage. 1 unit should equal 1 days' work!
                Bold move Jay. Hopefully you cap the shit out of those multi unit plays.
                Comment
                • Mackballs
                  SBR Hall of Famer
                  • 12-01-16
                  • 5810

                  #9
                  Originally posted by Booya711
                  Average unit size at SBR is 2.5"
                  Booya, thank you for the reassurance. I needed that tonight.
                  Comment
                  • daneblazer
                    BARRELED IN @ SBR!
                    • 09-14-08
                    • 27861

                    #10
                    Is your friend eberetta? Seems awfully nitty
                    Comment
                    • sportsfan9698
                      SBR MVP
                      • 05-17-14
                      • 1995

                      #11
                      Sounds like a good rule for a recreational bettor that does not wager regularly.

                      But if you want to grow your bankroll you must move your unit size up as your roll grows
                      Comment
                      • daneblazer
                        BARRELED IN @ SBR!
                        • 09-14-08
                        • 27861

                        #12
                        Yea take shots unless you want to do the missionary & eat vanilla ice cream all your life. Nothing wrong with safe, but fortune favors the bold
                        Comment
                        • Mackballs
                          SBR Hall of Famer
                          • 12-01-16
                          • 5810

                          #13
                          Good feedback guys, appreciate it.
                          Comment
                          • jjgold
                            SBR Aristocracy
                            • 07-20-05
                            • 388179

                            #14
                            If you make let's say 50k a year the most you should be betting a game is $20
                            Comment
                            • JayRow
                              SBR Wise Guy
                              • 02-13-09
                              • 871

                              #15
                              Originally posted by Mackballs
                              Bold move Jay. Hopefully you cap the shit out of those multi unit plays.
                              You know it!
                              Comment
                              • rm18
                                SBR Posting Legend
                                • 09-20-05
                                • 22291

                                #16
                                Does not matter how much you make if you have 100k saved up you can bet pretty big.
                                Comment
                                • DwightShrute
                                  SBR Aristocracy
                                  • 01-17-09
                                  • 103399

                                  #17
                                  Comment
                                  • BuckyOne
                                    SBR MVP
                                    • 01-02-15
                                    • 2728

                                    #18
                                    Originally posted by Mackballs
                                    Had a friend tell me that a bettor's unit size should typically be right around what they make per hour at their job. I thought this was a decent concept providing the person has other areas of their life under control.
                                    Read about Kelly Criterion. The difficult part is to determine the percentile chance of winning a given bet. The bank has to be set aside -money on deposit with the sportsbook or if you play credit - what you have set aside in the safe or a savings account. But, he states the obvious - track yourself and unless there is a history of 53% wins - it is paper bets only until the positive numbers are there.

                                    The people that lose do not keep track at all - barely keep records - brutal truth is they don't want to know how much they have lost.
                                    Comment
                                    • BuckyOne
                                      SBR MVP
                                      • 01-02-15
                                      • 2728

                                      #19
                                      But, we did not discuss the number of bets - your guy is about 25 bucks an hour and could put 1500 away - and play for fun - 25 a bet? But, if he bets on 20 events on Saturday - he could easily lose 250 on that day. So, I do agree with you that 1 hour of wages for 1 bet sounds reasonable. We don't know the risk tolerance of the individual or aversion as the case may be.
                                      Comment
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