johnci
Pretty much a regular
If there was a general gambling forum I would have put this there, but alas, there is none. But this is where I am most active so this is where I will originate this discussion.
I feel there is too big of a discrepancy between posters of what a unit is, and it results in misleading records, sucess, and failure.
For example:
Jpicks is 69-42 +30.44u 62.2%
DuY! is 30-31 +136.9u 49%
Big Al is 88-65-7 +33.68u
So no offense to Duy, but how do you double your bankroll in 5 weeks hitting under 50%? It can only be with either a. a screwy unit system, b. incredibly weighted plays, along with being AWFUL at your lighter plays and very successful at your heavier ones, or c. reckless money management. I have a hunch it is the first.
This is just one example. There are also many people who claim to hit around 50% that are up a decent amount. The truth is, unless you are weighting your plays significantly, juice should wipe out any profit, let alone leave you in the black at all.
I think the only answer is to acknowledge the unit as a percentage of bankroll and lose any notion of it being a monetary amount. Even more important is to scrap the idea that it varies from person to person. If it is a percentage, it should remain constant throughout the community. I propose we fix the value of 1 unit at 1% of a bankroll. Lastly, two ways the unit could be represented are as fixed unit or moveable unit. The first would suggest that the size of the average unit bet remains constant regarless of sucess or failure, the later would obviously mean that success/failure be factored into a bankroll. Examples:
Fixed unit:
Since a unit represents 1% of my bankroll, I start with 100u.
I make a 3 unit bet and win. I now have 103 units. The value of a unit is still 1% the ORIGINAL bankroll, and the profit/loss stays seperate from the bankroll.
Moveable unit:
Same starting criteria, same bet, same results.
With a moveable unit, the value of a 1.03u is now 1%, 1 unit represents 1 percent of the ADJUSTED bankroll. Personally I think this is really confusing and I am not even sure I explained it right.
For those that do not flat bet, I feel this is an ideal way to explain how heavily picks are weighted, and how strong the capper is in their feel for the pick.
Thoughts? Questions? Anyone want to tell me I'm a jerk to think I can boss the community around?:drink:
I feel there is too big of a discrepancy between posters of what a unit is, and it results in misleading records, sucess, and failure.
For example:
Jpicks is 69-42 +30.44u 62.2%
DuY! is 30-31 +136.9u 49%
Big Al is 88-65-7 +33.68u
So no offense to Duy, but how do you double your bankroll in 5 weeks hitting under 50%? It can only be with either a. a screwy unit system, b. incredibly weighted plays, along with being AWFUL at your lighter plays and very successful at your heavier ones, or c. reckless money management. I have a hunch it is the first.
This is just one example. There are also many people who claim to hit around 50% that are up a decent amount. The truth is, unless you are weighting your plays significantly, juice should wipe out any profit, let alone leave you in the black at all.
I think the only answer is to acknowledge the unit as a percentage of bankroll and lose any notion of it being a monetary amount. Even more important is to scrap the idea that it varies from person to person. If it is a percentage, it should remain constant throughout the community. I propose we fix the value of 1 unit at 1% of a bankroll. Lastly, two ways the unit could be represented are as fixed unit or moveable unit. The first would suggest that the size of the average unit bet remains constant regarless of sucess or failure, the later would obviously mean that success/failure be factored into a bankroll. Examples:
Fixed unit:
Since a unit represents 1% of my bankroll, I start with 100u.
I make a 3 unit bet and win. I now have 103 units. The value of a unit is still 1% the ORIGINAL bankroll, and the profit/loss stays seperate from the bankroll.
Moveable unit:
Same starting criteria, same bet, same results.
With a moveable unit, the value of a 1.03u is now 1%, 1 unit represents 1 percent of the ADJUSTED bankroll. Personally I think this is really confusing and I am not even sure I explained it right.
For those that do not flat bet, I feel this is an ideal way to explain how heavily picks are weighted, and how strong the capper is in their feel for the pick.
Thoughts? Questions? Anyone want to tell me I'm a jerk to think I can boss the community around?:drink: