ROI vs Units vs Win% , what is good for what?

[danshan11]

I see guys post units as a record-keeping method

like 58-47 +12 units and I think this would be great if you only bet 1 unit per bet and did not fluctuate, but if you sometimes bet 1 and sometimes 10 units, units are not a good option to use, right?

ROI% like 58-47 37% ROI and I think that could easily be not very indicative of talent because of different bet amounts and the so many different ways take simple ROI total bet / won amt. if you bet $10 a game and lose $100 and then bet $500 next game, I would say ROI is not very indicative of the talent

Win% sure it's great but only if you put your avg line up

A guy is writing 74% win % over last 200 games now if those are -105 games that is awesome if they are average -300 games not so good. So win% is useless unless you post win% 56% avg line 52%

what is the right way?

[bettingman6]

Units are the best measure.

[danshan11]

Units are the best measure.

what about when someone bets 10 units sometimes and 1 other times, how can units be a good measure? can you elaborate on your thoughts?

say for 100 days I bet one unit and I am down 65 units and now today I bet 70 units on 1 game and win and now I am up 5 units, am I skilled?

[bettingman6]

what about when someone bets 10 units sometimes and 1 other times, how can units be a good measure? can you elaborate on your thoughts?

say for 100 days I bet one unit and I am down 65 units and now today I bet 70 units on 1 game and win and now I am up 5 units, am I skilled?

No. But that would mean you bet a ridiculous amount on one game.

Another problem with units is that, if you bet 1 unit on every game, winning games where you bet on the underdog is more important than winning bets on favorites, if all you bet on is the moneyline.

For example, assume that Person A bets on 7 different +100 teams, who all win, and 3 different -400 teams, who all lose. Person B bets on 7 different +100 teams, who all lose, and 3 different -400 teams, who all win. Person B will actually end up with a bigger profit than Person A (5 units to 4 units), but Person A will probably have better long term success.

[danshan11]

so what is the right way to do it, you said units but now you seem to be going against that choice

[bettingman6]

so what is the right way to do it, you said units but now you seem to be going against that choice

I'd go with units, at least in the long term. In a small sample size like 10 bets, harder to say.

Otter probably has a >80% win percentage with all the ridiculous favorites he takes on the moneyline. Maybe even >85%. That doesn't mean he's a profitable gambler.

[gojetsgomoxies]

the biggest issue i think is people start threads and then continue them if they're betting works well. but don't continue the threads if things don't go well... then a couple of months later they do it all over again......... and i am guilty of this myself

[danshan11]

the biggest problem is people confuse noobies with the BS
+34 Units and that was one big hail mary 50 unit bet after a horrible record
or say they win 67% and their avg line is -400

[gojetsgomoxies]

the biggest problem is people confuse noobies with the BS
+34 Units and that was one big hail mary 50 unit bet after a horrible record
or say they win 67% and their avg line is -400

i don't think too many people on forums do this knowingly. it's a big tactic for marketing services....... that recent example of the UFC bettor with the 75% win rate, i honestly think he didn't know

one thing i always is you so much action for statistical significance that by the time you achieve it you have no idea if you are a winner today. big parts of your winning record are from 4 years ago.

[tsty]

$$$$$ (over a decent amount of bets since you will always argue some semantic point that doesn't matter) ainec

especially since the whole point of this is to make the most money....

[oilcountry99]

delete post

[TPowell]

ROI is the best method long term IMO. Short term, who cares? A blind monkey can make money sports betting in the short term

[danshan11]

I agree ROI and units but its the methods people use to check their results

Roi is horrible when you bet 1 dollar 1000 times and 1000 2 times, ROI, in this case, would not be a good indicator

[danshan11]

reality is only 1 way
win% to paid%
54% win % and 52% paid percentage, that is the true indicator and you use CLV to know how you are currently doing, clv is more like a fuel gauge!

When I say CLV what I really mean is expected ROI based on paid price to closing price

[tsty]

reality is only 1 way
win% to paid%
54% win % and 52% paid percentage, that is the true indicator and you use CLV to know how you are currently doing, clv is more like a fuel gauge!

When I say CLV what I really mean is expected ROI based on paid price to closing price

so according to your logic if I make 1 million dollars per year at 1% edge then I am less skilled than someone who makes 10k at 10% edge?

you guys are penetrating clowns lol

[Sawyer]

ROI can be misleading. A handicapper with %5 ROI may make more money then a handicapper with %10 ROI. Volume is also important. Total Units Won (based on risking 1 unit each game) is the best indicator. We pay the bills with units and the money, not stats like ROI and Win Rate.

However, stay away from scammers who risks 1 unit on a game and then he releases play of the century with a stake of 100 units.

[danshan11]

ROI can be misleading. A handicapper with %5 ROI may make more money then a handicapper with %10 ROI. Volume is also important. Total Units Won (based on risking 1 unit each game) is the best indicator. We pay the bills with units and the money, not stats like ROI and Win Rate.

However, stay away from scammers who risks 1 unit on a game and then he releases play of the century with a stake of 100 units.

correct that is the problem with units, it can be misleading to yourself and if you share it with others, it is a typical practice for scammer touts. with the varied units bet, units is not a good measure. now if you bet 1 unit every time then units is a great measure.

[danshan11]

so according to your logic if I make 1 million dollars per year at 1% edge then I am less skilled than someone who makes 10k at 10% edge?

you guys are penetrating clowns lol

I do not see anything in my logic that states that in any way.
and who said I have any logic anyway?
how do you determine your edge, tsty?

[danshan11]

I use to solely depend on CLV for skill but I am now thinking CLV is better as a current gauge. We can track money made and all kinds of stuff but in reality we dont know when our edge is gone if we dont use CLV. not knowing when your edge is gone until you are bankrupt is not a good method.
say we actually have an edge now, so we start betting and we are making money!!!! but how do we know when that edge is washed up? I think that is where CLV comes in and can be very helpful

[Raywinner]

Plain and simple way to get a edge. Your thinking things out the hard way, keep it simple with the system you have (seems to me you know the NBA half descent) Make your Bets 1 to 3% of your purse and then watch your account grow. When you start betting more then the 3% your taking more of a risk (after all it's all about the risk you want to take) Stick with the best sport you know.

[danshan11]

Plain and simple way to get a edge. Your thinking things out the hard way, keep it simple with the system you have (seems to me you know the NBA half descent) Make your Bets 1 to 3% of your purse and then watch your account grow. When you start betting more then the 3% your taking more of a risk (after all it's all about the risk you want to take) Stick with the best sport you know.

what is the plain and simple way to get an edge?
why 1 to 3% of bankroll, what if I am betting an average line of +600, would 1 to 3% work?

[Larkman]

but how do we know when that edge is washed up?

If you have a model that is more accurate than the market then by definition losing your edge will manifest itself as the market converging on the output probabilities of your model. Its almost impossible for it to come as a surprise.

[tsty]

If you have a model that is more accurate than the market then by definition losing your edge will manifest itself as the market converging on the output probabilities of your model. Its almost impossible for it to come as a surprise.

don't bother brother

it's pointless talking to him

[FinalFrontier]

Profit on Turnover (POT) is a far better metric to use than ROI. Just my 2 cents.

[danshan11]

Profit on Turnover (POT) is a far better metric to use than ROI. Just my 2 cents.

what is profit on turnover, give me an example

[nash13]

what is profit on turnover, give me an example

https://www.punters.com.au/forum/horse-racing/MISCONCEPTION-OF-POT_4889/

[danshan11]

https://www.punters.com.au/forum/hor...N-OF-POT_4889/

very interesting and I like it! at the end of the day it is all about the money! Thank you

[danwinkler]

Winning % is meaningless without odds you are betting. If you are strictly betting the same odds on every game, then you can use winning % as one of the stats but if not its pointless.

The the only thing that measures everything is Yield and it is the most important stat that defines a bettor/capper. most bettors don't even know what is yield or don't even keep track of it and every one of these bettor is a long term losing bettor.

[danshan11]

if I bet 100 100 times and lose all 10000 and bet 1 time 25000 and win, does my yield look really good and my ATS record is actually horrid?

[danwinkler]

if I bet 100 100 times and lose all 10000 and bet 1 time 25000 and win, does my yield look really good and my ATS record is actually horrid?

If you are only talking 1 game there is no need to record keeping. These things are relevant only for long term over series of many bets and yield is the best. With that said, the taking plan should have a standar system of units where the unit scale (max bet or bet sizes) are clear and up for martingale or any nonsense like that. I like the 1 to 10 unit scale and the 3% compounding strategy explained here and that is what i use. I also like aspect of using multiple bankrolls/portfolios. This goes a long way when you you create portfolio for certain sports or cappers you follow. Its works kind of like multiple stock portfolios.

[nash13]

see it at some kind of risk calculator. betting 100 times 10 diversifies risk compared to 1 times 1000.

[Vyasports]

I think OP has made some really good points. For me the best way to determine if you're "good" is by:
TOTAL amount of withdrawals - TOTAL amount of deposits made = Profits/Loss.

If you can make profits on a daily/weekly/monthly basis THEN you're good, and you can keep on betting. ELSE WHATS THE POINT OF BETTING? ask yourself...

[danshan11]

The thing is we come up with a model or system or whatever you want to call it, and we start betting with our bankroll.
If we lose 10 straight games, do we quit?
If we win 20 straight, do we increase our bet?
if we go 37-63, do we stop?
Where is the gauge? What makes us keep going or stop?

What is the indicator we use to know its time to change or pump up the volume? I use the line value, but most don't believe in line value.

The big issue also is these dumb ass threads with all these odd ass ways to track records. Why are you even posting a pick if you are not going to record the picks transparently? Guys betting max plays and using money, all these are dumb, and I don't even read their threads anymore. We have discussed previously for a picks section we have standards. Like for picks you can only bet 1 unit or to win 1 unit on each bet, and you got to use lines from specific books. you need to record your win-loss and avg line and units

[Vyasports]

The thing is we come up with a model or system or whatever you want to call it, and we start betting with our bankroll.
If we lose 10 straight games, do we quit?
If we win 20 straight, do we increase our bet?
if we go 37-63, do we stop?
Where is the gauge? What makes us keep going or stop?

What is the indicator we use to know its time to change or pump up the volume? I use the line value, but most don't believe in line value.

The big issue also is these dumb ass threads with all these odd ass ways to track records. Why are you even posting a pick if you are not going to record the picks transparently? Guys betting max plays and using money, all these are dumb, and I don't even read their threads anymore. We have discussed previously for a picks section we have standards. Like for picks you can only bet 1 unit or to win 1 unit on each bet, and you got to use lines from specific books. you need to record your win-loss and avg line and units

NO SYSTEM will work when we are TILT.... If you bet on a daily basis and on different sport you know you will get tilted one day or you may get greedy and BOOM you bet more than you are supposed to and if you lose then your "system" is F.
If you take betting as a professional you should always ALWAYS keep your cool... im talking with experiences... ive had long winning streaks but one mistake may damage my bankroll.

[danshan11]

all those are emotional issues for recreational players, I am talking about betting seriously