What does "unit" mean.

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See people use this term more than just saying cash amount. Anyone able to explain it with an example? I checked bettors glossary but it's not in there.
 

Retired; APRIL 2014 Thank You Gambling
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Unit is a tracking term.. 1 unit 2 unit 3....

Some of the scammer touts use this as a way to overcome their bad capping so they say 10000 units or 50000 unit play... so each unit represents a dollar.
Most common is 1 unit equals a hund.
Tater
 

What? Me worry?
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a unit can be anything you want it to be. It can be a cookie or a million dollars. Most bettors/posters use it to mean $100 since that is what odds are based on (Need to bet $110 to win $100). Hope it helps
 

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yeah i kinda figured it out myself after i made this thread meaning it was scaled on the 100
 

hacheman@therx.com
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yeah i kinda figured it out myself after i made this thread meaning it was scaled on the 100


To add, the terminology of using "units" should only be used or based on people who use a "bankroll".

A bankroll is for bettors who are in it for the full season, or long-haul.

Let's say you want to bet the complete NFL Season.

Before week 1, you deposit $100.

The $100 is now your "bankroll".

In week 1 you see a game you want to wager on.

If you want to wager $3 on it, you would be risking 3Units.

Some bettors always wager the same amount on every game, but other bettors wager different amounts depending on how strongly they feel about a game.

You may not be too sure about a game you want to wager on and only risk 2units.
But you may feel very strongly on another game and want to risk 4Units.

1Unit should always equal 1% of your bankroll, no matter what amount you start your bankroll with.

You may have already known all of this but just thought I would add this and it may help someone else with the same question.

Best of luck...
 

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Large number of people here would lead you to believe that 1% of their bankroll represents their unit amount.

$1,000 'roll = $10 as a unit (1%)

I don't need to tell you that, that is bullshit. If you set aside $1,000 for gambling on a specific sport your more than likely laying $50.00 (5%) per wager and then you add the vig 10% and now your $55 on an average wager.

Once you accept the fact that you are in a losing proposition you can make necessary adjustments and carry on. Oh, been here for 8 years and have been doing before then. I know little about winning and losing and this sport that means damage control OR as some like to say money management.

Best of luck.
 

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