Select your plan
receive the tips
place your bets
What is a unit bet?
A common question from new or casual sports bettors is “What is a unit?”. A popular term in racing is “unit” and below I will explain what we mean when we refer to a unit, and examples of it being used. A “unit” is a measurement of the size of someone’s bet. Because everyone has different sized bankrolls for betting, using the term unit is a way for us to show your profit or loss in universal terms. Someone who is betting $10,000 per bet and is up $18,000 on the day isn’t nearly as impressive as someone who bets $10 per bet against the spread and is up $180 on the day. Using units gives us a tool to keep track of profits and losses without the dollar value. Because basic betting tells us that you should be betting somewhere between 1-5% of your bankroll on each wager, it is generally accepted that a unit is equal to approximately 1% of your bankroll. Nothing is set on stone with this, but that is an easy way to calculate a single unit. Using the above formula, someone who has a $1,000 bankroll would be betting $10 per unit, while someone with a $50,000 bankroll would be betting $500 per unit. Using the bankroll management strategy that recommends 1-3% of your bankroll on each bet you would essentially want to bet between 1 - 3 “units”. At Thoroughbets we will release our plays with units, with the most common being 1 unit. The 0.5, 1 and 1.5 unit plays are more of the average plays, while the 2 and 3 unit plays are the big plays where we feel there is great value in the selection or we are more confident betting on it.
Have you got results?
Yes, we are completely transparent with our results and we publish all our results on the results page of our website. The results page is updated weekly. No our tips don't win every week, and there are losing periods in any form of investing, but the key is to look at our long term record. If you follow our staking methodology exactly then you can expect to make very good profits over the course of the year.
How do you recommend betting on your tips?
All our tips come with a recommended betting strategy outlined in units as a win bet, place bet or each way bet. When we see a race that is very difficult we would often recommend 'no bet'. We have some very serious punters as members, however our service is straightforward enough for even novices to enjoy.
Can I cancel my subscription if its not for me?
Yes of course. You can cancel yourself anytime through your member's area, or simply e-mail us. This will ensure that you are not charged for any more subscription payments, and the last payment you made prior to cancelling will be your last. Refunds are not provided part of the way through a subscription period.