Want to learn to bet? Betting 101 is the place to start. Understanding Betting Units will let you set up your Betting bank effectively.
Betting Units
You’ll often hear punters speak of ‘units’ when talking about betting: “they are staking 2.4 units”… “they collected or profited 6 units” etc.
This confuses some people. How much exactly is “five units”, for example?
Unitised staking is just a simple way to communicate and compare staking, results and balances to a wide range of punters, all of whom will have different-sized bankrolls.
You may have a starting bankroll of $10,000. A friend might have a bankroll of $100. Somebody else might have a bankroll of $500,000.
Advising a suitable stake, or measuring the success of betting, can’t really be done for all three punters in dollar terms. A stake of $50 for the smallest punter is 50% of his bankroll, a ridiculously large risk that will soon send him broke.
But it’s a very small risk for the $10,000 bank.
For the $500,000 bank, it’s minuscule.
So punters talk in ‘units’. A betting strategy will have a recommended starting bank of x units, and you just divide this into your bankroll to determine your unit size.
