Unit Size Formula:
From: | To: |
A unit in sports betting is a standardized measure of the size of a bet. One unit typically represents 1% of your total bankroll, helping bettors manage their money effectively.
The calculator uses the standard unit size formula:
Where:
Explanation: This calculation ensures you risk only a small percentage of your bankroll on each wager, protecting you from significant losses.
Details: Using consistent unit sizes helps manage risk, prevents emotional betting, and allows for proper bankroll growth over time.
Tips: Enter your total bankroll amount in your preferred currency. The calculator will determine your optimal unit size (1% of bankroll).
Q1: Why use 1% as the standard unit size?
A: 1% provides a balance between growth potential and risk management, allowing you to withstand losing streaks.
Q2: Can I use different unit sizes?
A: Yes, some bettors use 0.5%-2% units based on their risk tolerance, but 1% is the most common recommendation.
Q3: Should I adjust my unit size as my bankroll changes?
A: Yes, recalculate periodically (weekly/monthly) to adjust for bankroll fluctuations.
Q4: What if I'm just starting with a small bankroll?
A: Stick to the 1% rule even with small amounts to develop good bankroll management habits.
Q5: How does this relate to Kelly Criterion?
A: The 1% unit is simpler but more conservative than Kelly, which adjusts bet size based on perceived edge.