Unit betting in Sports

When it comes to figuring out how much money you would like to wager on any particular sporting event it always is to your advantage to examine a few very pertinent factors such as:

  • Your Bankroll
  • How Often you would like to place wagers
  • The lines/odds
  • What the juice or vigorish is
  • Your risk to reward tolerance

Knowing all of these factors are very important because your bankroll will tell you the amount that you may bet on a game or event. The rule of thumb is that you should never place more than 2% of your total bankroll on any one game. This is very similar to a trader in the stock market who believes that you never bet more than 2% on any one trade idea intra-day or overnight.

If you wager everyday and your bookie takes 5 days to return funds to you than you really need to take that into consideration when lining up your ducks for the week because if you don’t you will be in trouble.

Examining the live odds is very crucial as it will tell you what the spread is and that way you can determine which team may be more feasible to chose to lay the chalk on.

Knowing the take or juice is of critical importance because what the house doesn’t take you end up getting the rest and knowing what your total take home pay will be will let you know what you end up with.

If you can’t stand losing one game than sports-betting is not for you since you will lose a lot if you are not disciplined and try to bet the farm when you lose a big game.

Once you have examined all of these outliers than you can decide on a 1-5 basis how many units are right to you either based on a martingale system or not but each unit will correspond with an amount based on a 1:100 ratio so if you can handle a $500.00 victory than 5 units would be the prefered wager.

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