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While the flashing lights of the casino floor attract millions, sports betting has exploded into a massive global industry.

You can be the greatest sports analyst in the world, capable of predicting upsets perfectly, and still go completely broke.

The Concept of the 'Unit'

A 'unit' is simply a standard percentage of your total starting bankroll, usually representing exactly 1% or 2%.

By standardizing your bet size, you ensure that a terrible weekend of bad beats doesn't completely destroy your entire bankroll.

• By betting a flat 1% unit, you can theoretically lose 100 bets in a row before going completely broke, allowing you to survive massive variance
• Using units allows bettors with completely different financial backgrounds to compare their success accurately and fairly
• When starting out, calculate your unit size once at the beginning of the season and absolutely refuse to change it until the season ends

Tracking Your Bets and Understanding the Vig

Tracking your bets reveals your true Return on Investment (ROI) and highlights exactly which sports or bet types are draining your funds.

When you bet on a standard point spread, you usually have to risk $110 to win $100 (odds of -110).

Discipline is boring, but in the world of gambling, discipline is the only thing that actually pays the bills.