Betting units have become quite popular in recent years, and for a good reason. It doesn’t matter if you’re an experienced bettor or perhaps you have a relatively small bankroll – betting units are still pat of both areas and they can help you maintain yourself in the long term.
We’ll be reviewing what betting units are throughout this article and how you can take advantage of them to build a solid and highly profitable betting strategy in the long term.
Let’s start with the basics.
Betting units is a measurement system utilized to determine the size of a bet. In other words, it is the percentage of the bankroll you’ve chosen to place on your wager on a particular match. Of course, you’re free to choose the percentage based on your betting strategy and approach your have to sports betting.
For instance, let’s say you’ve set $3,000 for betting on soccer during the current season. This amount would be your overall bankroll. Next up, let’s say you’ve chosen to bet only 1% of your total bankroll. That would leave you with room for 100 units of $30 each to bet throughout the current season.
Keeping track of your wins and loses is easier when you measure your bets using betting units instead of flat currency. In other words, we can say that betting units are nothing more but a tool you can use to keep track of your success in the sports betting world.
Most bettors struggle to define a determined amount when they’re betting, especially if they’re new. You should know that defining the size of your betting units can help you manage your bankroll better. The total funds you have available in your bankroll becomes irrelevant – you should give more importance to how much risk you’re willing to put on each of your bets.
With that being said, how can you decide the size of your betting units?
Well, there are a few factors we recommend you to take into account, such as:
However, taking into account these factors can be quite complicated for a beginner. The best advice we can give to someone that’s just starting in the sports betting world is to choose a relatively small unit size, then gradually increase it based on your performance.
On the other hand, if you consider yourself to be a “sharp bettor,” you can start out with a relatively large unit size. However, please note that it should never be a big fraction of your bankroll, as doing so may put you at risk.
You can take into account what most bettors do. It’s fairly common to define a percentage between 1 and 5% for your betting unit. Beginners usually stick with 1 or 2% per bet.
Now, it is important for you to maintain the same betting unit size for all your wagers. This action will help you mange your funds better while also allowing you to keep your bankroll in a constant state throughout the season. This can be impossible if you choose a high percentage for your betting unit during the first two weeks of the season.
Betting units can be an excellent way of tracking your journey throughout the sports betting world. It can be a bit hard to manage it at first if you’re a beginner, but throughout the time, you will get better at it and it will be easier for you to distribute your bankroll evenly in each sports event.
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