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.
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.
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To remove first post, remove entire topic.
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.
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.
Well, I was planning on reading some idiotic comment from a prospect and making some lame-ass joke about it. But... I can't help myself but to answer your question honestly....
At first glance (I'm not going to check all your math), it looks like a couple of things could be happening. 1) He could be betting ML's and cashing extra on dog wins. But, more frequently what you see with touts something like this:
Picks: 1) bet 11 units to win 10... lose...down 10.1 units 2) bet 11 units to win 10 ... lose.... down 20.2 units 3) bet 110 units to win 100 ... lose... down 130.2 units 4) bet 1100 units to win 1000...win... up 969.8 units
And, that's how you get a 25% tout claiming to make money. They never tend to give you a winning percentage over the whole season. they always (like any salesman or ad man) give you the positive, such as "up over 900 units" or "5-0 in college basketball big east matchups (even though they went 2-12 in other conferences)", etc.
I hope this helps a little. I know I was kind of vague. If you're really searching for a tout to follow, try tout ranking sites like the oklahoma sports monitor or some others.
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Well, I was planning on reading some idiotic comment from a prospect and making some lame-ass joke about it. But... I can't help myself but to answer your question honestly....
At first glance (I'm not going to check all your math), it looks like a couple of things could be happening. 1) He could be betting ML's and cashing extra on dog wins. But, more frequently what you see with touts something like this:
Picks: 1) bet 11 units to win 10... lose...down 10.1 units 2) bet 11 units to win 10 ... lose.... down 20.2 units 3) bet 110 units to win 100 ... lose... down 130.2 units 4) bet 1100 units to win 1000...win... up 969.8 units
And, that's how you get a 25% tout claiming to make money. They never tend to give you a winning percentage over the whole season. they always (like any salesman or ad man) give you the positive, such as "up over 900 units" or "5-0 in college basketball big east matchups (even though they went 2-12 in other conferences)", etc.
I hope this helps a little. I know I was kind of vague. If you're really searching for a tout to follow, try tout ranking sites like the oklahoma sports monitor or some others.