The Points System: 1 to 10 Unit Staking Plan
The Unit Staking Plan or the Points System, as it is known, is one of the most commonly used money management strategies in sports betting. You will often find it used by professional handicappers, bet advisors, online betting sites, tipster websites and you’ll even see it featured in various betting articles. Although it is a variable staking method just like the Kelly Criterion, The Points Method is easier to put into practice.
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The Points System explained
The value of the individual stakes will be assigned on a 1 to 10 scale. The bet size depends on the probabilities of the selected betting prediction. You will, of course, have to decide how much each point is worth or in other words, what is your minimum bet and your maximum bet. The percentage of your bankroll equivalent to a point can vary from 100 to 250, but usually, the pros prefer the latter. So if you were to divide your entire bankroll by 250, you would have the value of one unit
Hints: The less aggressive you are when deciding the value of one unit, the less you will be affected by losing streaks, meaning you can afford to lose more bets in a row without ending up bankrupt. That might make you feel comfortable, but at the same time, you might not be fully satisfied with the return. The whole idea is for you to find the balance between profit and responsible gaming.
Only use the amount of money you can afford to lose as your betting bankroll. Although this bankroll management strategy will partly protect you from chasing losses, that doesn’t mean you can bet carelessly – any betting guide will tell you that.