Grinding Out Units/ Or Quick Unit Hits FAQ

Question

Ok fellow veteran handicappers do you vary your unit size or stay at a consistance unit size every game? When u vary unit sizes do your plays of the day or play of the day generate a higher profit yield or less so and you find you have to reload more often? how many games do you feel you should play per day to generate the most profit margins over the long haul? Opinions and personal tactics applied in sports betting by you veteran cappers iwould be appreciated.

criticalwager · Answer

Ok fellow veteran handicappers do you vary your unit size or stay at a consistance unit size every game? When u vary unit sizes do your plays of the day or play of the day generate a higher profit yield or less so and you find you have to reload more often? how many games do you feel you should play per day to generate the most profit margins over the long haul? Opinions and personal tactics applied in sports betting by you veteran cappers iwould be appreciated.

BillyBaxter · Answer

Correct money management is easy to explain. It is almost impossible to adhere to.

There have been about as many 'systems' for varying the bet size as there are systems to beat the craps table. None of them work and all of them do harm by giving false expectations. Double-up systems, star betting, the Kelly Criterion, etc. all have the same thing in common. They adversely affect the cash flow and they raise the breakeven percentage that must be accomplished.

Any time you vary your bet size by the slightest amount, you increase the breakeven percentage of 52.38. If you refigure your percentage after each bet, your breakeven jumps to over 55%. If you have 1 star and 5 star bets or bet twice as much on some plays, you should understand that only the large bets are meaningful to whether you will be a winner. You might as well not bet the smaller ones. In the end, they won't matter.

Some touts say you should increase your bet when you are on a winning streak and decrease it when you are on a losing streak. The key word is 'are'. If you won yesterday, you 'were' on a winning streak. But that was yesterday. If you know you will win today, why not bet it all? If you know you will lose today, you might consider not betting at all.

The problem with bet size is not the streaks, but the breakeven. If you have a 56% advantage on each bet, over 200 games you will win less than 50% about 17% of the time.You will win more than 60% about 17% of the time. Winning 100 and losing 100 with a 5% unit, you will lose 50% of your bankroll to the vigorish. (100 wins times $50 less 100 losses times $55 equals minus $500 on a $1,000 bankroll).You will lower your bet and never get even. I recommend playing no more than 2% of your bankroll. Anything over 2% is unacceptably risky, even for recreational bettors

criticalwager · Answer

[Quote: Originally Posted by BillyBaxter]  &#xD;&#xA;&#xD;&#xA;Correct money management is easy to explain. It is almost impossible to adhere to. &#xD;&#xA;There have been about as many &#x27;systems&#x27; for varying the bet size as there are systems to beat the craps table. None of them work and all of them do harm by giving false expectations. Double-up systems, star betting, the Kelly Criterion, etc. all have the same thing in common. They adversely affect the cash flow and they raise the breakeven percentage that must be accomplished. &#xD;&#xA;Any time you vary your bet size by the slightest amount, you increase the breakeven percentage of 52.38. If you refigure your percentage after each bet, your breakeven jumps to over 55%. If you have 1 star and 5 star bets or bet twice as much on some plays, you should understand that only the large bets are meaningful to whether you will be a winner. You might as well not bet the smaller ones. In the end, they won&#x27;t matter. &#xD;&#xA;Some touts say you should increase your bet when you are on a winning streak and decrease it when you are on a losing streak. The key word is &#x27;are&#x27;. If you won yesterday, you &#x27;were&#x27; on a winning streak. But that was yesterday. If you know you will win today, why not bet it all? If you know you will lose today, you might consider not betting at all. &#xD;&#xA;The problem with bet size is not the streaks, but the breakeven. If you have a 56% advantage on each bet, over 200 games you will win less than 50% about 17% of the time.You will win more than 60% about 17% of the time. Winning 100 and losing 100 with a 5% unit, you will lose 50% of your bankroll to the vigorish. (100 wins times $50 less 100 losses times $55 equals minus $500 on a $1,000 bankroll).You will lower your bet and never get even. I recommend playing no more than 2% of your bankroll. Anything over 2% is unacceptably risky, even for recreational bettors  [/Quote]Great insight thanks. I hit at about a 58% clip, only thing is with the vig I keep my unit sizes small $20 and over,but nothing over $100. Between the unit sizes of $20 to $99 what is the best unit size to go with to minimize vig? I believe to truly be successful you need to grind it out. I don&#x27;t believe in riding winning and losing streaks. But consistent flat straight bet wagering for success.

Lippsman · Answer

Take a look here

ChanceP · Answer

&#xD;&#xA; &#xD;&#xA;If this is true, just bet 1000/game on every game and retire

Grinding Out Units/ Or Quick Unit Hits FAQ

Hot Forum Topics