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Calculating betting "units"

Forum: NBA Betting
Author: [NBA Betting] Topic: Calculating betting "units"
ralexiou PM ralexiou
Joined: Dec 2009
Posts: 11
Participation Meter
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.

Forum: NBA Betting
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