The Lock Talk - Newsletter #41

TLT PARTNER PROMO!
$100 DEPOSIT MATCH + FREE PLAY

• Hit this link: https://streaks.chalkboard.io/cUPZ/ijplegv3

• Use Code: “LOCK”

• Get up to $100 Deposit Match & I’ll DM a free 3x Parlay!

This is an amazing promo & we can adjust player prop lines like never before! Lets go crush this app!

PARTNERSHIPS & GREAT DEALS FOR THE TLT FAMILY
WILD 40% OFF DEAL!

• Get Access to ALL of the Premium Plays »HERE«

  • Use Code: “WILD” to get 40% OFF ANY PACKAGE! for being a reader of this newsletter!

  • or Get all of our plays texted directly on your phone here

• We are also running a Yearly Package! DM us on Instagram for more info for payment plans and the INSANLEY LOW PRICE!!

DM us on Instagram once you purchase so we can add you on to the team!

TLT SPORTS BETTING SCHOOL
BANKROLL MANAGEMENT 101 - PT. II - WHAT IS A UNIT?

If you missed Part I of our Bankroll Management Lesson, go check it out HERE

1. Definition of a Betting Unit:

   1. A betting unit is a standardized amount of money that represents a typical wager.

   2. It's a percentage of your total bankroll, providing a consistent measure for placing bets. This concept helps maintain discipline in betting, as it avoids the randomness of betting varying amounts based on emotions or hunches.

2. Determining the Size of a Betting Unit Based on Your Bankroll:

   1. The size of a betting unit is typically 1-5% of your total bankroll. The exact percentage depends on your risk tolerance and betting strategy.

   2. Conservative bettors might opt for 1%, while more aggressive bettors may go up to 5%.

   3. The key is to choose a percentage that allows for longevity in betting without exhausting the bankroll too quickly.

      1. Another way to put it is if you do 5% units, you have to lose 20 bets in a row to lose your ENITRE bankroll.

3. Benefits of Using Units to Track Betting Performance:

   1. Using betting units allows for a clear and objective measurement of betting success or failure, independent of the monetary value.

   2. It enables better tracking of which types of bets are most profitable and allows for comparison of betting performance over time, even if the size of the bankroll changes.

4. Risk Management with Betting Units:

   1. By using a fixed unit size, you automatically implement a form of risk management.

   2. This approach prevents overconfidence from leading to excessively large bets during winning streaks and discourages chasing losses with larger bets during losing streaks.

5. Adjustment of Betting Units Over Time:

   1. As your bankroll grows or shrinks, it's important to adjust the size of your betting units accordingly.

   2. This dynamic adjustment ensures that your betting remains proportionate to your current bankroll, adhering to sound bankroll management practices.

Understanding and utilizing betting units is a fundamental aspect of successful bankroll management in sports betting. It instills discipline, aids in performance tracking, and helps in maintaining a balanced approach to risk.