Flat betting vs unit betting

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  • iceman02
    SBR Wise Guy
    • 03-05-12
    • 736

    #1
    Flat betting vs unit betting
    Whats a better money management for long term success? And why
  • chico2663
    BARRELED IN @ SBR!
    • 09-02-10
    • 36915

    #2
    Comment
    • BrickJames
      SBR Hall of Famer
      • 05-05-11
      • 9749

      #3
      Originally posted by iceman02
      Whats a better money management for long term success? And why
      I find the best technique for long-term success is going all in on every play.
      Comment
      • jjgold
        SBR Aristocracy
        • 07-20-05
        • 388189

        #4
        So many theories and nobody really knows because most people lose with either

        Stay in game longer is flat betting and only 1% of bankroll per bet
        Comment
        • jjgold
          SBR Aristocracy
          • 07-20-05
          • 388189

          #5
          So many theories and nobody really knows because most people lose with either



          Stay in game longer is flat betting and only 1% of bankroll per bet
          Comment
          • iceman02
            SBR Wise Guy
            • 03-05-12
            • 736

            #6
            Originally posted by jjgold
            So many theories and nobody really knows because most people lose with either



            Stay in game longer is flat betting and only 1% of bankroll per bet
            Is that what you use?
            Comment
            • funnyb25
              BARRELED IN @ SBR!
              • 07-09-09
              • 39656

              #7
              Originally posted by iceman02
              Is that what you use?
              JJ gambles for fun...he is a business man...makes money other ways..
              Comment
              • Snowball
                BARRELED IN @ SBR!
                • 11-15-09
                • 30042

                #8
                unit betting when done right is a more winning strategy.

                but, if your objective is "money management", and not WINNING,
                than do flat betting.
                Comment
                • funnyb25
                  BARRELED IN @ SBR!
                  • 07-09-09
                  • 39656

                  #9
                  It really all depends on the individual...I would say flat betting...Most lose no matter what they do, but if you are actually a good sports bettor you will make money over the long haul flat betting. I see too many people win their small plays, and lose their big plays, then they get fired up and chase and go broke. If you have discipline to not chase after a larger scaled wager then i am sure unit betting is the way to go for some. Usually though for most, the higher the unit wager on a certain play the better chance the fade wins....BOL
                  Comment
                  • Bostongambler
                    BARRELED IN @ SBR!
                    • 02-01-08
                    • 35581

                    #10
                    Originally posted by jjgold
                    So many theories and nobody really knows because most people lose with either



                    Stay in game longer is flat betting and only 1% of bankroll per bet
                    Heard you the first time.
                    Comment
                    • Bostongambler
                      BARRELED IN @ SBR!
                      • 02-01-08
                      • 35581

                      #11
                      Originally posted by chico2663
                      Hahahaha...
                      Comment
                      • Jimmy Proffett
                        SBR MVP
                        • 10-20-09
                        • 2729

                        #12
                        I think the best advice for this question would come from "Joshua", the computer from WarGames

                        Comment
                        • lakerboy
                          SBR Aristocracy
                          • 04-02-09
                          • 94366

                          #13
                          Hammering
                          Comment
                          • BetweenHerCheeks
                            SBR Wise Guy
                            • 12-17-15
                            • 974

                            #14
                            Risk the same amount on each bet
                            Comment
                            • Smoke
                              SBR Aristocracy
                              • 10-09-09
                              • 48111

                              #15
                              All in every bet.
                              Comment
                              • JoeyBagels
                                SBR Wise Guy
                                • 03-10-13
                                • 784

                                #16
                                No betting system has the ability to turn a losing gambler into a winning gambler.
                                Comment
                                • klemopixx
                                  SBR MVP
                                  • 10-02-14
                                  • 3806

                                  #17
                                  You start out flat betting every season till you find an anomaly, something outside the usual guidelines that gets hot. Early season Cubs run line is a good example. Make larger bets on this anomaly till it loses then discard it quickly when it goes bad. All it takes is doing your homework. A certain NL East pitcher has a nice streak going, I'm riding the low when he pitches against other good pitchers. I have a few other things that are doing well but you"ll have $mack me to get them.

                                  Like I said, Do Your Homework! It's all right there if you look hard enough.
                                  Comment
                                  • jjgold
                                    SBR Aristocracy
                                    • 07-20-05
                                    • 388189

                                    #18
                                    no one game has a better shot to win than another

                                    it is all random
                                    Comment
                                    • eidolon
                                      SBR Hall of Famer
                                      • 01-02-08
                                      • 9531

                                      #19
                                      Flat betting; because unit betting opens up a door to the fallibility of the mind.
                                      Comment
                                      • pet2150
                                        SBR Sharp
                                        • 10-31-14
                                        • 278

                                        #20
                                        Originally posted by jjgold
                                        So many theories and nobody really knows because most people lose with either

                                        Stay in game longer is flat betting and only 1% of bankroll per bet
                                        Flat betting has worked for me.
                                        Comment
                                        • The Kraken
                                          BARRELED IN @ SBR!
                                          • 12-25-11
                                          • 28917

                                          #21
                                          Simple

                                          If you have a model and can quantify your edge, use Kelly criterion to scale your amounts wagered, the bigger the edge, the bigger the bet, up to whatever arbitrary number you set as a max bet, ie 5 units, 10 units, etc....

                                          If you can't quantify your edge over the house or the market, then just flat bet, or scale based on what % of your BR you want to wager on each bet.

                                          Don't be afraid to pick your spot and hammer the house
                                          SaveSave
                                          Comment
                                          • bigdaddy1
                                            SBR High Roller
                                            • 06-21-16
                                            • 130

                                            #22
                                            to be a sucessful sprots better you have to find a way to beat the line and pay as least juice as possible always wagering the same amount for the most part on every play. its the only chance you have . thats why sports books are giving huge bonuses at 20 cent lines. the bettor actually thinks he can win. good luck
                                            Comment
                                            • lonegambler23
                                              SBR Hall of Famer
                                              • 06-22-16
                                              • 9761

                                              #23
                                              iceman back at it again
                                              Comment
                                              • Muller Rose
                                                SBR High Roller
                                                • 06-01-16
                                                • 219

                                                #24
                                                Originally posted by jjgold
                                                no one game has a better shot to win than another

                                                it is all random
                                                Hmmmmm.. Good point though!
                                                Comment
                                                • jjgold
                                                  SBR Aristocracy
                                                  • 07-20-05
                                                  • 388189

                                                  #25
                                                  Mueller I'm a professional gambler and I know exactly what I'm talking about it's all random especially pointspreads
                                                  Comment
                                                  • linebacker67
                                                    SBR Wise Guy
                                                    • 09-03-08
                                                    • 854

                                                    #26
                                                    Get ahead.
                                                    then take your shot.
                                                    Comment
                                                    • larojoes
                                                      SBR Hustler
                                                      • 03-22-08
                                                      • 52

                                                      #27
                                                      An extremely misleading and therefore extremely lame bit of advice--and "advice" is a very generous term to describe your post. You make it sound as though money management and winning were two separate things, which is absurd, so let's set the record straight for the person who asked the question, shall we?

                                                      Money management encompasses both forms of wagering, and any others that a bettor chooses to employ. Proper money management is an ESSENTIAL ASPECT of profitable wagering, or WINNING, which can be achieved through either of the two methods in question. The post suggests that it is not possible to be a WINNING bettor by using the flat betting system, which is also ridiculous. Unit betting is not "a more winning strategy". In your lack of an ability to articulate with much accuracy, you make it sound as though unit betting yields a higher win percentage. Unit betting is only potentially more profitable than flat betting, the problem being knowing when to risk more on any given wager. Good luck with that! Anyone who thinks that a 5-star unit system is the way to the land of milk and honey is only setting themselves up for a world of heartbreak and anguish. By varying your bet size, you penetrate everything up, and are then obligated to win at a rate better than 52.4% (assuming standard odds) to make a profit. Flat betting may not be as exciting, but if you're interested in LONG-TERM profit, you're better off avoiding screwing around with unit betting.
                                                      Comment
                                                      • sweethook
                                                        SBR Posting Legend
                                                        • 11-21-07
                                                        • 12667

                                                        #28
                                                        flat cash , stay in the game . I been doing it over 40 years
                                                        Comment
                                                        • DrunkHorseplayer
                                                          SBR Hall of Famer
                                                          • 05-15-10
                                                          • 7719

                                                          #29
                                                          Flat betting works for me and has for a while.
                                                          Comment
                                                          • Sam Odom
                                                            SBR Aristocracy
                                                            • 10-30-05
                                                            • 58063

                                                            #30
                                                            Learn to make a profit with <50% winners

                                                            Then you'll have the keys to the kingdom
                                                            Comment
                                                            • Sawyer
                                                              SBR Hall of Famer
                                                              • 06-01-09
                                                              • 7710

                                                              #31
                                                              If you can pick dropping odds before they drop, you will guarantee to win over long haul. (I mean let's say odds moved from +130 to -105, and if you can catch this at +130 in a softbook, you make money)
                                                              Comment
                                                              • capone1899
                                                                SBR MVP
                                                                • 06-16-11
                                                                • 1054

                                                                #32
                                                                Originally posted by The Kraken
                                                                Simple

                                                                If you have a model and can quantify your edge, use Kelly criterion to scale your amounts wagered, the bigger the edge, the bigger the bet, up to whatever arbitrary number you set as a max bet, ie 5 units, 10 units, etc....

                                                                If you can't quantify your edge over the house or the market, then just flat bet, or scale based on what % of your BR you want to wager on each bet.

                                                                Don't be afraid to pick your spot and hammer the house
                                                                SaveSave

                                                                What he said
                                                                Comment
                                                                • cincy
                                                                  SBR Sharp
                                                                  • 09-30-07
                                                                  • 403

                                                                  #33
                                                                  Track your plays. If your best plays win more than the others over the long haul then do some form of unit betting. The larger the variation between your line and the book then the larger the bet.
                                                                  Comment
                                                                  • rkelly110
                                                                    BARRELED IN @ SBR!
                                                                    • 10-05-09
                                                                    • 39691

                                                                    #34
                                                                    Originally posted by JoeyBagels
                                                                    No betting system has the ability to turn a losing gambler into a winning gambler.
                                                                    Bullshit. Systems are best for sports betting, horse racing, online or offline casinos and even poker.

                                                                    Increasing your wagers after a loss(es) using a proven system, will increase profit over flat betting.

                                                                    Most who have used a system give up and go back to their losing ways. Key is to stay disciplined
                                                                    and have adequate funds, both of which most gamblers do not have.
                                                                    Last edited by rkelly110; 08-21-16, 12:05 PM.
                                                                    Comment
                                                                    • BuckyOne
                                                                      SBR MVP
                                                                      • 01-02-15
                                                                      • 2728

                                                                      #35
                                                                      Originally posted by cincy
                                                                      Track your plays. If your best plays win more than the others over the long haul then do some form of unit betting. The larger the variation between your line and the book then the larger the bet.
                                                                      Yes, I definitely agree with the tracking part. Stats broke down by bet selection method - type of bet - what book is dealing the best price - team - 1/2 time bet, whatever. What niche is it that is paying off with a nice size sample.

                                                                      There are technical factors and fundamental factors and a good handicapper needs to pay attention to both. Very seldom does this happen - the numbers guys feel that is all they need and the fundamentalists do not worry about the technical side of it - don't respect the value of a half point, etc.

                                                                      Ok - then I believe in flat bets that are a % of the bankroll. It is really hard to define the % edge on a small sample - only over the long haul if the methodology is working.
                                                                      Comment
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