- Joined
- Mar 13, 2021
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I love how you guys are thinking about unit size and how honest people are being with their fears related to when their unit gets too big. We all struggle with it but most people won't admit it.I totally get it. I’m sure I wouldn’t be throwing units around if it was my main source of income. It is fun betting this way and I do this mostly because I enjoy it
I’m just thinking to myself I’m winning 15 units off this play while the guy who gave it to me is winning 3-4. Feel kind of dirty lol
And my max bet is loose. Even in Kelly criterion it says basically to hammer value when you see it and 5 units is just a reference point for a max bet and there are scenarios where you should go bigger
I have a bunch of money on dern props. Much more than 5 units. Ml bets however I stick more to the 5 unit rule.
when there’s something I really like/see value I’m hitting it.
I do have a piece of advice related to unit size though. My bonafides are that I've been a profitable bettor since 2008 and I quit my job in 2017 and have made my living since then. Edge comes and goes. So maybe you have a maximum and you take money out once you reach it, but you want to bet as much as you can while you have an edge because it will go away.
Books adjust if they're losing too much and you'll find edge on one type of bet will go away and you'll have to move your action to another type of bet. So maybe props are great right now but they won't always be. During covid Unders were printing money for me since they were all priced wrong. Now, I'm lucky if I find a single under bet on each card. Early season hockey I struggle to find bets but as the season goes on and people get ideas in their head I start to make a ton of money. That's why it's so important to adjust your unit based on winnings/losses so that when you're right you're getting paid and when you're wrong your losses are minimal.
Of course you can only do that if you're betting your bankroll right. If you're betting "much more than 5 units" on props in a single fight then you're over-betting your bankroll. Which I don't have any issue with since I over-bet my bankroll whenever I have too big of an edge as well but it's important to realize that you can bust your bankroll if you're rolling the whole thing over every weekend.