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## How do I figure out how many units to bet?

You simply need to pick a unit size that fits your bankroll. A general rule of thumb that I use is to **make one unit = 1% of your bankroll**. So, if you have $5,000 to wager, your unit size would be $50. So, for a 2-unit play, you’d risk $100.

## What does 2 units mean in gambling?

A “unit” in sports betting is **a measurement of the size of someone’s bet**. … Because basic sports betting strategy tells us that you should be betting somewhere between 1-5% of your bankroll on each wager, it is generally accepted that a unit is equal to approximately 1% of your bankroll.

## How are BET values calculated?

In general, the value of a **bet equals its probability multiplied by its decimal odds minus one**. If the value after this calculation is greater than zero, then you have a value bet.

## How are wagers calculated?

**To calculate the profits for (+) American odds wagers you may use the formula:**

- Profit = (Stake * Odds) / 100.
- Profit = (Stake / Odds) * 100.
- Profit = (Stake * Odds) – Stake.
- Profit = (Stake / denominator) * numerator.

## How much of my bankroll should I bet?

Flat betting means betting the same amount on every game (one unit) and only risking **1% to 5% of your bankroll per play**, regardless of your confidence level. A good medium is 3% per play. For example, if you’re starting with a bankroll of $100, you should risk $3 on every bet.

## What is a whale bet?

A high roller, also referred to as a whale or cheetah, is **a gambler who consistently wagers large amounts of money**. High rollers often receive lavish “comps” from casinos to lure them onto the gambling floors, such as free private jet transfers, limousine use and use of the casinos’ best suites.

## How does an all up bet work?

An All Up is a single bet which **automatically reinvests winnings from one race to another with** the aim of returning a larger overall payout. Winnings are automatically reinvested from one race and bet type onto another race and bet type.

## How do you calculate expected winnings?

How to compute a mathematical expected value? The calculation of the mathematical expected value is to **multiply the probability of winning by the bet multiplier (in case of winning)**. Expected value is generally calculated for a bet of 1 unit. Multiply the probability to win by the bet value to know the expected gain.