Whats a better money management for long term success? And why
Flat betting vs unit betting
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iceman02SBR Wise Guy
- 03-05-12
- 736
#1Flat betting vs unit bettingTags: None -
jjgoldSBR Aristocracy
- 07-20-05
- 388189
#4So 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 betComment -
jjgoldSBR Aristocracy
- 07-20-05
- 388189
#5So 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 betComment -
SnowballBARRELED IN @ SBR!
- 11-15-09
- 30042
#8unit betting when done right is a more winning strategy.
but, if your objective is "money management", and not WINNING,
than do flat betting.Comment -
funnyb25BARRELED IN @ SBR!
- 07-09-09
- 39656
#9It 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....BOLComment -
Jimmy ProffettSBR MVP
- 10-20-09
- 2729
#12I think the best advice for this question would come from "Joshua", the computer from WarGames
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lakerboySBR Aristocracy
- 04-02-09
- 94366
#13HammeringComment -
BetweenHerCheeksSBR Wise Guy
- 12-17-15
- 974
#14Risk the same amount on each betComment -
SmokeSBR Aristocracy
- 10-09-09
- 48111
#15All in every bet.Comment -
JoeyBagelsSBR Wise Guy
- 03-10-13
- 784
#16No betting system has the ability to turn a losing gambler into a winning gambler.Comment -
klemopixxSBR MVP
- 10-02-14
- 3806
#17You 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 -
jjgoldSBR Aristocracy
- 07-20-05
- 388189
#18no one game has a better shot to win than another
it is all randomComment -
eidolonSBR Hall of Famer
- 01-02-08
- 9531
#19Flat betting; because unit betting opens up a door to the fallibility of the mind.Comment -
The KrakenBARRELED IN @ SBR!
- 12-25-11
- 28917
#21Simple
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 houseSaveSaveComment -
bigdaddy1SBR High Roller
- 06-21-16
- 130
#22to 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 luckComment -
lonegambler23SBR Hall of Famer
- 06-22-16
- 9761
#23iceman back at it againComment -
jjgoldSBR Aristocracy
- 07-20-05
- 388189
#25Mueller I'm a professional gambler and I know exactly what I'm talking about it's all random especially pointspreadsComment -
linebacker67SBR Wise Guy
- 09-03-08
- 854
#26Get ahead.
then take your shot.Comment -
larojoesSBR Hustler
- 03-22-08
- 52
#27An 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 -
sweethookSBR Posting Legend
- 11-21-07
- 12667
#28flat cash , stay in the game . I been doing it over 40 yearsComment -
DrunkHorseplayerSBR Hall of Famer
- 05-15-10
- 7719
#29Flat betting works for me and has for a while.Comment -
Sam OdomSBR Aristocracy
- 10-30-05
- 58063
#30Learn to make a profit with <50% winners
Then you'll have the keys to the kingdomComment -
SawyerSBR Hall of Famer
- 06-01-09
- 7710
#31If 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 -
capone1899SBR MVP
- 06-16-11
- 1054
#32Simple
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 houseSaveSave
What he saidComment -
cincySBR Sharp
- 09-30-07
- 403
#33Track 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 -
rkelly110BARRELED IN @ SBR!
- 10-05-09
- 39691
#34
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 -
BuckyOneSBR MVP
- 01-02-15
- 2728
#35
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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