In this video I try to explain what a “unit” is in sports betting.
Often bettors are referring to risking or betting 1 unit, 2 unit, etc per play, but many beginners aren’t sure what they mean by a “unit”.
Check out the video, but I will try and explain it below as well…
Basically a unit is a way to measure the size of your bets. Each bettor can have their own definition of what a unit is, but most commonly 1 unit = 1% of your bankroll.
If you were to risk 5 units on a play you would be risking 5% of your bankroll.
But it is important to realize that everyone has their own definition of a unit. One bettor may say that his 1 unit = 5% of his bankroll, while the other might say 1 unit = 0.5% of his bankroll.
A unit is a good way to measure sports betting success. A handicapper might be boasting their 20-15 record, but they might actually be down -4.55 units (like shown as an example in the video) if they are betting only on big favorites on the moneyline.
If you are ever following a sports bettors picks you should ask them what their definition of a “unit” is, so that you can calculate how much of your bankroll they suggest you risk per wager. You should also never look at a record to see if they are successful, but rather ask for units +/-.
For more on a sports betting unit: http://www.thesportsgeek.com/sports-betting/what-is-a-unit/