Sports Betting Money Management Software
- Bodog, Bet 365, Sports Betting AG; Invest your bankroll into the site/sites of your choice. Receive winning picks daily, sent directly to your inbox from Unit Sports Betting. Use 1% of your bankroll per unit bet.
- Money Management And Betting Success. There are two essential characteristics to being a successful long term sports bettor.The first is the ability to recognise value in a given market, and the second is how to manage your betting.
- Sports betting strategy articles that will help you learn how to win more money. This includes a lot of advanced strategies and NFL.
Click on Any of These Links To Go To That Section of this Page
Doc's Unit System
How a Sports Betting Unit System Works
Unit Sports Betting System equals Success
Frequently Asked Questions about our unit System for betting
More Information - Best Money Management Strategies for Sports Betting
Visit Doc's Sports About Us Main Index Page for Everything You Need to Know About Our Company and Getting the Most Out of Sports Betting .
Doc's Unit System - A Proven Winning Sports Betting System
Please note that our Unit System is used by each one of the handicapping services that's listed in our 'Expert Handicappers' section on the top navigation. The 1-8 unit rating is used for all sports that we provide picks and predictions for. Below is some information as well as frequently asked questions about our unit system.
Sports betting software – the main options. Betting calculator for Kelly money management system.
After reading this article please sign up for a free no obligation $60 account so you can test drive our service - here
The plain, hard fact is most sports gamblers lose money. And the reason for this is simple: a lack of discipline and money management This is why Doc's Sports was the first to develop a unit system for betting sports almost 50 years ago. Many services now use a system similar to ours. We know from shopping our competition that none of them have had the success that we've had over the years. As with many things in life, experience plays a big part. It doesn't matter if you're a doctor, auto mechanic, investment advisor or a sports handicapper; the longer you do something the more you learn and the fewer mistakes you make. We opened for business in 1971 and have more experience than anyone in our industry.
Sports gambling is not that much different than investing in the stock market. At Doc's Sports, we model our picks after similar 'high risk' investments available from a stockbroker.
How a Sports Betting Unit System Works:
During a typical football weekend, or with the daily picks associated with basketball, baseball, or hockey, or many other sports Doc's covers, each one of the handicapping experts on our Web site releases and posts their picks in the member area. Using our unit system, you will decide what your unit is worth. For accounting purposes, we use $100 per unit as an example. Our handicappers release and rate their picks based on a 1-8 unit rating. The stronger they feel about a game, the higher the unit value they assign to that game.
So, if you are betting $100 per unit, you would bet $200 (or $220 to win $200) on a 2-Unit Play. You would bet $400 (or $440 to win $400) on a 4-Unit Play, $600 (or $660 to win 600 on a 6-Unit Play), etc, etc…..
Unit Sports Betting System equals Success:
This 'unit' sports betting system is the key to your success -- but you must stay disciplined. Discipline is critical in sports betting because wins and losses often occur in streaks. The problem is that many bettors get too aggressive during a hot streak and become too panicked during a cold streak. Streaks do not last forever, so stay consistent with your bankroll and NEVER chase your losses. Use our plan and stick to it. If you stay disciplined, you will enjoy success with Doc's.
Does this sound too good to be true? We understand if this sounds too easy. Over the years, this industry has been filled with rip-off artists who make extravagant claims of 70%, 80% and 90% winners. While this can be done during any given week or month, it's simply not possible to win at this rate over the long haul of a season. If you want to make money gambling on sports and would like professional help from a sport handicapping service that has a consistent winning record and has stood the test of time, then Doc's Sports is your service. Our sports betting system works, it's that simple. If you would like to speak to someone personally about our service without any call backs or high-pressure sales tactics that you may have run into with other services, then give us a call by viewing our Contact Us Page - Click Here
Doc's Sports is a family-run business that's been recognized as one of the leaders and most trusted names in sports handicapping information for nearly 50 years. We hope our open and honest approach will get you in the door. We know our winning picks, exclusive information and excellent customer service will keep you coming back.
Frequently Asked Questions about our unit System for betting:
Q How much should I play per unit?
A Each of our clients is in a different financial situation and has different tolerance to risk. We suggest you play at least $20 per unit, but we have clients who play anywhere from $20 to $1000s per unit.
Q I was thinking I should only play the top-rated plays like 5-Units or higher. Is this a good idea?
A No, if there was a better system than the one we have put into place, we would be using it. If we didn't think it was a good idea to play all the picks, we wouldn't release all the picks. In order to most effectively use our system, you should play all the games that your handicapper releases and use the units associated with each pick.
Q I only like playing a few games each week. What is my best strategy with your sports betting system?
A As mentioned, we strongly recommend playing all the games we release, but if you don't have this option available to you or you only want to play a select few plays then we would suggest viewing the Big Play Alert in the member area for the biggest and best bets each day. We also have a best bets drop down menu bar at the top of the website where you can check for these plays on a sport by sport bases each day. There is no reason to not be a member at Doc's Sports with our free $60 sign up.
Q Should I ever adjust my unit betting value during the season?
A Some of our clients who are more aggressive will increase their unit value as the season progresses and we increase their bankroll. For instance, if we go on a major hot streak and the $50 per unit client is up a lot of money, he or she may increase their unit value to $100. Just remember there is risk involved with this and it all comes down to how aggressive of a player you are and how much tolerance to risk you have.
Q How do I get started?
Sports Betting Money Management Software Programs
A On the top of this page, you will see a large 'Experts Picks' menu bar. Simply choose the sport you are interested in. Sign up for one of our guaranteed packages. The longer the service subscription, the bigger the discount, and we do suggest you sign up for at least a one-week package to start out with. If you are not ready to sign up for a membership, check out our daily free picks for every game and every sport that include the following: NFL Picks - College Football Picks - NBA Picks - College Basketball Picks - MLB Picks - NHL Picks; All Free Sports Picks
Q Can I call your customer service line for more information on the Unit System and sign up for service over the phone?
A Yes, visit our Contact Us Page for more information.
More Information - Best Money Management Strategies for Sports Betting
Our idea of alcohol abuse is opening a nice, cold beer and letting it go warm. Our idea of a problem gambler is someone who doesn't know how to properly manage their money and someone who bets more than their bankroll actually allows.
In our close to 50 years of sports wagering, we have also fallen into this group one time or another. Unfortunately, most sports bettors learn the hard way and fail to use discipline when wagering on sports.
It's amazing that many of us run or work within successful businesses backed by good ethics and a sound money management theory, but refuse to use these same techniques when it comes to sports betting money management. Would you bet 25 percent of your retirement fund on a single stock that had a 40 percent chance of going in the tank tomorrow? Would you invest in a real estate development under the same scenario? Nobody would do either of these propositions, yet many people are willing to bet 20 to 30 percent of their betting resources a single game. The books know that most of us lack discipline and that greed, sooner or later, will get the best of the gambler and that some early returns for the bettor will likely eventually swing to big profits for the bookmaker.
Sports Betting Money Management Software Free
If you put $5,000 into a bank savings account and let it draw interest for a year, you could expect to make about $100 to $150. But many of us get very greedy when using that same $5000 to bet sports and feel that a $1000 or $2000 seasonal profit is unacceptable. Yet this is roughly 10 times what you would have made by putting the same amount of money it into the bank and, personally, I don't know of too many investment advisors, individual stocks, ETFs, bonds, or mutual funds that can make you a consistent 15 -30 percent each year, do you?
It does not take long for gamblers to find out that winning and losing often comes in streaks. It's inevitable to happen, since there is no such thing as a 'lock'. In our close to 50 years of handicapping, we have seen every imaginable thing happen on the playing field. Unless you can view tomorrow's box score today, any game can win or lose.
So, what is the best theory on money management? There are several methods that have proven successful by many professional gamblers. In speaking to most of these individuals, discipline being the main ingredient. One common thought is that you want to bet around 2% of your bankroll on a given game. We personally believe that one should never bet more than 20 percent of their season bankroll on any given week. An example would be if a gambler starts with a seasonal bankroll of $5,000. Thus, they will have $1000 (20 percent of your bankroll) to bet with on opening week. If we were to release eight football picks on the first week, it would look like this:
College football picks
6-unit on Georgia
5-unit on Ohio State
4-unit on Iowa
4-unit on Florida
4-unit on Oregon
NFL picks
5-unit on Dallas
4-unit on New York
4-unit on Seattle
If you add these all up, it comes to 36 total units. Divide that by your weekly budget of $1000, and it comes to roughly $28 per unit. Therefore, you would bet $168 on Georgia, your 6-unit selection. On all the 4-unit selections you would bet $112 (Iowa, Florida, Oregon, New York, and Seattle). And so on and so forth for the rest of the picks.
We know that everyone wants to bet like they are Warren Buffet. But guys that have been successful in any 'speculation market,' which is essentially what sports betting is, have done so through patience and savvy. We know it's not 'sexy' to say that you bet $112 on a game. People would much rather play for $500 to $1000 per game. To us, being smart with your money and slowly growing your bank account is the best way to really make gambling part of your long-term enjoyment.
As your bankroll increases (or in some cases, decreases) after each week, so will the size of your bets. Betting on sports will usually come in winning or losing steaks, and this strategy allows you to bet more when you are winning and cut back when you are losing. Using this method will also allow you to never go broke since you are essentially starting out with a new bankroll and betting about 20% of that new bankroll each and every week.
It does not take a mathematician to use this system, and it will give you a great chance to be successful. But it does take a special type of person to be able to maintain the discipline to use sports betting money management system throughout the course of a six-month football season. Your bookie counts on you to value greed and expects you to reload often during the football season.
Be a real player and manage your sports betting like you would a business. If you follow this sports betting system, you will be pleasantly surprised with your bankroll come February. Many players that make a living wagering on sports use a strong money management similar to this. Be a smart player, and do not let the bookie control your hard-earned cash.
If you have any questions, please feel free to give us a call at(866) 238-6696 or email service@docsports.com.
Section 1: Primer
Tired of losing his money to the house, a bored millionaire in Las Vegas turns to you and offers you a proposition that you can’t refuse. He pulls out a stack of casino chips and declares:
Sports Betting Money Management Software Companies
“I’ve got a 100-sided, evenly weighted die, which I am going to roll. If it comes up 1 through 57 you win, if it comes 58 through 100 I win. We’re playing for even money. How much do you want to bet?”
How would you respond? Obviously you accept, but you are uncertain as to exactly how much you should wager – you are a solid favorite, but not an overwhelming one. The answer to this question is much deeper and more important to an investor’s bottom line than the average sports bettor ever realizes. This series of articles will provide the single most comprehensive investment optimization guide available on the internet, and will show you how to size your bets according to (1) your risk tolerance and financial goals and (2) the duration (number of bets) of your investment. Just as we use rigorous mathematical models to consistently pick winners against the spread, so too will we use simple but powerful financial formulas to achieve the greatest risk-adjusted return possible from those selections.
Sports Betting Money Management Software Reviews
For bettors with a relatively low risk tolerance who are investing their money for one season, we will describe how to use a relatively flat betting structure, where your bets remain constant throughout the season, and how you can use the star system optimally. For bettors who are more risk tolerant, or who are investing over a period of several seasons (one sport over several years, or several different sports in one year), we will outline a more aggressive growth strategy with optimally fluctuating dynamic bet sizes.
Sports Betting System Software
For the bettor who just wants an approximation of what is generally correct, we will outline a summary in the next section. For the more advanced bettor who is curious to learn the fundamental logic behind our bet sizing systems, we will then describe the mathematics behind the Kelly Criterion, a formula which relates edge and odds to bet sizing for optimal investment in the sections that follow. We will continue to explain some of the nuanced concepts, such as simultaneous/sequential events, return/volatility ratios, and fractionalization. This should help illustrate how powerful the very simple, yet frequently misunderstood formula can be when applied correctly, and how to avoid disastrous mis-applications of growth sizing.