Posted:
#1
I want to bet 3% (60.00) of my bankroll (2,000.00) per unit. If I win
or lose, my unit size should increase or decrease. Example shown below:
Starting Bankroll ~ 2,000.00 Total 0.00 unit
1 bet ~ 1u 60.00 WIN 60.00
2 bet ~ 1u 60.00 LOSE (66.00)
3 bet ~ 1u 60.00 LOSE (66.00)
4 bet ~ 1u 60.00 LOSE (66.00)
Total ~ -2.3 unit lost for -138.00 (for the day)
Ending Bankroll ~ 1,862.00 Total -2.3 unit
So my next betting unit will be 55.86 (3% of 1862.00)
But now when I multiply my betting amount to my total unit size (55.86 x -2.3u = -128.48), it does not equal what I have lost which is suppose to be -138.00. Eventhough it is a small difference, in the long run, the discrepancy will be far apart. Can somebody tell me what I am doing wrong. I want to be able to see if I am up or down to the exact amount with my unit total to lose/win total. Any suggestions is greatly appreciated. Thanks.
Starting Bankroll ~ 2,000.00 Total 0.00 unit
1 bet ~ 1u 60.00 WIN 60.00
2 bet ~ 1u 60.00 LOSE (66.00)
3 bet ~ 1u 60.00 LOSE (66.00)
4 bet ~ 1u 60.00 LOSE (66.00)
Total ~ -2.3 unit lost for -138.00 (for the day)
Ending Bankroll ~ 1,862.00 Total -2.3 unit
So my next betting unit will be 55.86 (3% of 1862.00)
But now when I multiply my betting amount to my total unit size (55.86 x -2.3u = -128.48), it does not equal what I have lost which is suppose to be -138.00. Eventhough it is a small difference, in the long run, the discrepancy will be far apart. Can somebody tell me what I am doing wrong. I want to be able to see if I am up or down to the exact amount with my unit total to lose/win total. Any suggestions is greatly appreciated. Thanks.
