Select Page

Finding Unity

Written by Rohm

October 7, 2020

by Luke Rohm

Hey Degens, let me drop some basics on you.


We all have different bankrolls. $100 bet to me is different than it is to big bucks Ian. So understanding how much someone likes a bet is ambiguous. This is why we say “units”.


A “unit” is usually between 1-5% of your bankroll. I lean a little closer to 5% since I prefer to re’up rather than let it all sit on the books site. so let’s say you’re playing with a “stack” ($1000). So let’s say your “unit” is $50.


Why does this matter?


If you want to follow some expert picks, a $100 bet is worthless to you knowing how much you should wager. If I say I’m putting 2 units on it you know I’m feeling it.


A unit is what you should feel comfortable betting on any individual bet you like. You can always bet more, but it should be your safety net to not overextend yourself. We’re all degenerates (degens), but you have to have some discipline to stay in the game.


You can also share a relative term to others. “I’m +25 units on the year”. No one wants to say in public that they’re up $1,250. Well make that was more when we were underground, but still don’t be “that guy”. Also saying I’m down 10 units is a lot better than saying I’m down $5,000.

Stay UP.


-Rohm

0 Comments

Leave a Reply

Related Articles

Bet Bath & Beyond: Episode 76 – Heads or Tails from the Crypt

Bet Bath & Beyond: Episode 76 – Heads or Tails from the Crypt

Andy and Ian open up the podcast talking about the crypto bull market! Ethereum is pumping right now. All time high. Technically, not NFT talk, but don't worry Ian manages to talk about that too. Kentucky Derby recap and ranking horse names. For the first time in...

Bet Bath & Beyond: Episode 75 – Draft Day Special

Bet Bath & Beyond: Episode 75 – Draft Day Special

It’s Draft Day baby! Andy and Ian record during and after the first round of the 2021 NFL Draft. Listen to the bath boys react live to the Top 5 picks and hear Andy talk about killing himself if the Panthers draft Big Mac Jones. Don’t worry Andy, they just picked a...

Bet Bath & Beyond: Episode 74 – Nobetland

Bet Bath & Beyond: Episode 74 – Nobetland

Andy and Ian discuss the 93rd Academy Awards which aired over the weekend. They go down an Oscar rabbit hole and talk about all the great movies that were nominated over the last decade. A little bit of NFL news, the Ravens traded Orlando Brown Jr. to the Chiefs for...

%d bloggers like this: