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

Treating your betting funds like a professional investment portfolio is the only way to survive the long, grueling sports season.

The Concept of the ‘Unit’

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

If your total betting bankroll for the NFL season is $1,000, then one unit (1%) is exactly $10.

• Even the best professional sports bettors in the world only win about 55% to 58% of their standard spread bets
• Because the win rate of pros is so incredibly tight, proper unit sizing is the only thing generating actual long-term profit
• Avoid the ‘Lock of the Century’ mentality; never risk 20% of your bankroll on a single game just because you feel extremely confident

The Importance of ROI and The Juice

To truly manage your bankroll, you must aggressively track every single bet you make in a detailed spreadsheet.

Furthermore, bankroll management requires a deep understanding of the ‘vig’ or the ‘juice’ charged by the sportsbook.

By rigidly adhering to proper unit sizing and aggressive tracking, you protect your money from the unpredictable chaos of live sports.