Money line/unit question

[McRich]

I just started tracking my picks for record keeping. I have a question. If I wager $100 for a money line wager (and I consider $100 to be one unit) and I win: what do you consider this win in units? Thanks.

[LT Profits]

If the Money Line is an underdog, then its easy. +120 is +1.2 units, +130 is +1.3 units, etc. If you lose on a Money Line underdog, you only lose -1 unit instead of -1.1 units.

Now if the Money Line is a favorite, be consistent with how you bet in real life. If you bet a -140 favorite, do you bet 1.40 units to win 1.00 units, or do you bet 1.00 unit to win 0.71 units (100/140)? Whatever the answer is, that how you should track them.

[McRich]

If the Money Line is an underdog, then its easy. +120 is +1.2 units, +130 is +1.3 units, etc. If you lose on a Money Line underdog, you only lose -1 unit instead of -1.1 units.

Now if the Money Line is a favorite, be consistent with how you bet in real life. If you bet a -140 favorite, do you bet 1.40 units to win 1.00 units, or do you bet 1.00 unit to win 0.71 units (100/140)? Whatever the answer is, that how you should track them.

Thank you for the answer. This information will help me.

[MoneySportsGuy]

If the Money Line is an underdog, then its easy. +120 is +1.2 units, +130 is +1.3 units, etc. If you lose on a Money Line underdog, you only lose -1 unit instead of -1.1 units.

Now if the Money Line is a favorite, be consistent with how you bet in real life. If you bet a -140 favorite, do you bet 1.40 units to win 1.00 units, or do you bet 1.00 unit to win 0.71 units (100/140)? Whatever the answer is, that how you should track them.

Wow LT thanks for that reply I didnt realize that is how units are calculated. Curious though..

you say do you bet 1.40 units to win 1.0 or 1.00 to win 0.71 what in your opinion is better way to wager?