Posted: 12/10/2009 5:12:44 PM
Let's suppose I make the following 4 bets for $1,000 each plus juice):
Favourite at -150 and win ($1,000)
Over at +105 and win (+1,050)
Favourite at -125 and lose (-$1,250)
Dog at +105 and lose (-$1,000)
What would the net units be? Is it minus 0.20 (1 + 1.05 - 1.25 - 1)
I've seen the following results for a current sports capper and wondered how they received a unit total of 6233 when they are correct only 58% of the time. Is it because they have they have won taking many underdogs that pay > 100? If not, please provide reasons.
Overall Plays (+6233) 312-224 L536 58%
Should I be reading the unit return as 62.33. If $1,000 bet was made 536 times, the net dollar return would be $62,330.
Lastly, in my above four betting examples, would the unit value total be different if two bets were made for $500 and the other two bets were made for $1,000.