Increasing Your Unit 08/24/14 (more...)


Remember a unit is 2% of your bankroll. Your bankroll is the unencumbered amount of money you have allocated to this business. It is not money you need for essentials such as food or housing. Your unit is the amount you RISK on each play not the amount you can win. Flat betting risking the same amount on each game is the only way to long term success in this business.
There are 2 ways to increase your unit in this business. The first is from profits. Every time your bankroll increases by 50% increase your unit accordingly. In fact it is essential you do so in order to further develop and grow your business. For example: Initial bankroll = 5k = $100 unit. When you bankroll from profits grows to 7.5K = $150 unit. When increasing your unit if you want to take a more conservative approach you can stair step your unit up until you reach the next level. Increase your unit based on the above example $10 per week regardless of results until you reach the $150 level. Repeat this process again each time your bankroll increases by 50%.
The second way to increase your unit is if you have and decide to invest more money into your unencumbered bankroll. Regardless of what your bankroll moves to your unit remains at 2% of that bankroll. Remember as well to stair step to your new unit as to not make all your previous results irrelevant.
Patience, discipline, money management all key factors to success in this business or for that matter any business.