Quick question. You said that you always have 1 unit at risk, I see how this pays off for the underdogs but for favorites you'll only win around .6-.8 units. I risk 1 unit for underdogs and risk enough to win 1 unit for favorites. I'm not saying my ways right just have been wondering myself how to go about sizing, would love to hear your thoughts on it.
Quick question. You said that you always have 1 unit at risk, I see how this pays off for the underdogs but for favorites you'll only win around .6-.8 units. I risk 1 unit for underdogs and risk enough to win 1 unit for favorites. I'm not saying my ways right just have been wondering myself how to go about sizing, would love to hear your thoughts on it.
Quick question. You said that you always have 1 unit at risk, I see how this pays off for the underdogs but for favorites you'll only win around .6-.8 units. I risk 1 unit for underdogs and risk enough to win 1 unit for favorites. I'm not saying my ways right just have been wondering myself how to go about sizing, would love to hear your thoughts on it.
I like risking 1 unit because it allows me to play bigger favorites without the risk of big downswings.
Here's an extreme example
Say the Dodgers are -250 favorites. But, I give them a 90% chance of winning. If I risk 2.5 units and it loses it's not a big deal. But, say that same scenario happens 3 times in a row then you have to make up 7.5 units.
Basically it allows me to play bigger favorites that I see value in. I'm not sold on that strategy though, I could definitely be convinced that laying the juice to win 1 unit is a better strategy.
Quick question. You said that you always have 1 unit at risk, I see how this pays off for the underdogs but for favorites you'll only win around .6-.8 units. I risk 1 unit for underdogs and risk enough to win 1 unit for favorites. I'm not saying my ways right just have been wondering myself how to go about sizing, would love to hear your thoughts on it.
I like risking 1 unit because it allows me to play bigger favorites without the risk of big downswings.
Here's an extreme example
Say the Dodgers are -250 favorites. But, I give them a 90% chance of winning. If I risk 2.5 units and it loses it's not a big deal. But, say that same scenario happens 3 times in a row then you have to make up 7.5 units.
Basically it allows me to play bigger favorites that I see value in. I'm not sold on that strategy though, I could definitely be convinced that laying the juice to win 1 unit is a better strategy.
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