I'm sure theres a mix of how people are doing this, but had a question and wanted to get a consensus.
So for example, you bet a ML tonight @ -150 and you state your betting 1 unit on it. Given your unit size is $100, are you risking $100 or risking $150?
So on a -150 1 unit bet, if you lose, are you losing 1 unit or 1.5 unit?
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To remove first post, remove entire topic.
I'm sure theres a mix of how people are doing this, but had a question and wanted to get a consensus.
So for example, you bet a ML tonight @ -150 and you state your betting 1 unit on it. Given your unit size is $100, are you risking $100 or risking $150?
So on a -150 1 unit bet, if you lose, are you losing 1 unit or 1.5 unit?
I'm sure theres a mix of how people are doing this, but had a question and wanted to get a consensus. So for example, you bet a ML tonight @ -150 and you state your betting 1 unit on it. Given your unit size is $100, are you risking $100 or risking $150? So on a -150 1 unit bet, if you lose, are you losing 1 unit or 1.5 unit?
I've always understood it to mean you would be betting $100 and if you win you would post your record as (1-0, +0.67 units). Seems like that makes the most sense. But I've seen people say they are making a "1 unit play" which would mean they are betting $150 to win $100.
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Quote Originally Posted by Daher848:
I'm sure theres a mix of how people are doing this, but had a question and wanted to get a consensus. So for example, you bet a ML tonight @ -150 and you state your betting 1 unit on it. Given your unit size is $100, are you risking $100 or risking $150? So on a -150 1 unit bet, if you lose, are you losing 1 unit or 1.5 unit?
I've always understood it to mean you would be betting $100 and if you win you would post your record as (1-0, +0.67 units). Seems like that makes the most sense. But I've seen people say they are making a "1 unit play" which would mean they are betting $150 to win $100.
I'm sure theres a mix of how people are doing this, but had a question and wanted to get a consensus. So for example, you bet a ML tonight @ -150 and you state your betting 1 unit on it. Given your unit size is $100, are you risking $100 or risking $150? So on a -150 1 unit bet, if you lose, are you losing 1 unit or 1.5 unit?
I've always understood it to mean you would be betting $100 and if you win you would post your record as (1-0, +0.67 units). Seems like that makes the most sense. But I've seen people say they are making a "1 unit play" which would mean they are betting $150 to win $100.
Gotcha, ya thats how I understood it but seen a poster doing it the other one and it got me thinking
Quote Originally Posted by Qwan61:
1 unit is what your bet size is say 100 dollars. You can't lose MORE than your bet. -150 denotes the payback on your bet of 100 dollars. You will win 66.67 or lose 100... https://www.covers.com/editorial/HowToBet/OddsConverter
Yup thats how I understood it
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Quote Originally Posted by Blaine_Wesley:
Quote Originally Posted by Daher848:
I'm sure theres a mix of how people are doing this, but had a question and wanted to get a consensus. So for example, you bet a ML tonight @ -150 and you state your betting 1 unit on it. Given your unit size is $100, are you risking $100 or risking $150? So on a -150 1 unit bet, if you lose, are you losing 1 unit or 1.5 unit?
I've always understood it to mean you would be betting $100 and if you win you would post your record as (1-0, +0.67 units). Seems like that makes the most sense. But I've seen people say they are making a "1 unit play" which would mean they are betting $150 to win $100.
Gotcha, ya thats how I understood it but seen a poster doing it the other one and it got me thinking
Quote Originally Posted by Qwan61:
1 unit is what your bet size is say 100 dollars. You can't lose MORE than your bet. -150 denotes the payback on your bet of 100 dollars. You will win 66.67 or lose 100... https://www.covers.com/editorial/HowToBet/OddsConverter
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