UFC 121 Betting Results

[Mr. IWS]

UFC 121 Betting Results

sbjj 2-0 +38.5
Svino 10-2 +21.9
poopoo333 5-3 +8.7
MMA_scientist 2-0 +4.97
Havis Jr 4-4 +4.15
YoungTRK484 2-1 +.9

SPX 2-3 -.4
LudoCain 2-4 -1.82
Scott 0-1 -2
IWS Zak 0-2 -2.4
ctm0808 0-5 -3.4
Luke 1-5 -7.6

[MMA_scientist]

Re: UFC 121 Betting Results

Thanks for doing this Zak...

As an aside, your MMA tracker results don't have much meaning without a point of reference for the bankroll though. For example sbjj is +41u... but IIRC he uses a 400u bankroll... which means he is what most of us would call +10u. Similarly, I am down -6u, since i use a 50u bankroll, most of us would consider that -12u. Just saying, it has no meaning without a constant binding us all together. It would be more useful if it reflected a percentage of total bankroll.

Looking at the totals, it would look like sbjj is the man, but I think svino is actually the hot hand right now (since he uses a 100u bankroll) +17u would be a better return (17%) than 41 units on a 400u bankroll (10%).

[Mr. IWS]

Re: UFC 121 Betting Results

Wouldn't the actual units themselves, won or lost, represent the actual meaning of the tracker? Its just a unit tracker, not a ROI tracker.

As far as a bankroll, I don't even use one. Unless you consider whatever is in my checking account, my roll.

[MMA_scientist]

Re: UFC 121 Betting Results

^^ well, let's say I have $5000. I can divide that into 100, $50 units, as most would. So 1u= $50.

But I could also just say, "ok, I am using a 5000u bankroll, so 1u=$1". So instead of saying "1u on Cain @ +135 to win 1.35u" I could say "50u on Cain @ +135 to win 67.5u". We both won $67.50. But how I define my unit makes a big difference in the perceived result.

For guys that don't have a defined bankroll, like you and Luke, where 1u = some dollar amount, I think it is ok to just assume a 100u bankroll. Because your 40u bet would obviously be way out of whack with what you would normally bet, which would be 1-5u (the same as most of the world).

Not that I care that much, but I just wanted to point out that the way it is being done does not really give much useful information. It actually makes me look better than I really am at this point... I think it would make sense to have everyone post their units as 1% of bankroll in the future, so we have a standardized measure.

You see touts use this trick all the time to get to the top of the list on tracker websites. If you go to handicappers watchdog or something, you will see some touts that are up like 41,987u. But each unit only represents like 1/10,000 of the bankroll. Whereas most of the world uses 1u= 1% or 1u=2%

[sbjj]

Re: UFC 121 Betting Results

If I was to use a 100 unit bankroll, I would be placing like .25 and .15 unit bets on any bets through my online books. Each unit is $200.00. There is no way I could use a 100 unit bankroll the way I bet.

I also know alot of guys that say they use a 50 or 100 unit bankroll, but when they lose that bankroll, they just create another 50 or 100 unit bankroll.

[Mr. IWS]

Re: UFC 121 Betting Results

Thats cool with me if we do that. It takes the same about of work to add up 1% or 1 unit.

Maybe we should just write up some guidelines like that, post it in the first post of each events betting thread, and that way we all know what we are doing.

[Mr. IWS]

Re: UFC 121 Betting Results

I also know alot of guys that say they use a 50 or 100 unit bankroll, but when they lose that bankroll, they just create another 50 or 100 unit bankroll.

Agree

Thats why I dont even bother with a bankroll. I'm not gonna stop if I'm down 50 units.

[MMA_scientist]

Re: UFC 121 Betting Results

I think you guys are missing my point. I understand that you are playing with more money than most of us.

But in terms of showing who is actually winning at the moment, a standard unit would be helpful. I am not saying any of this to knock anyone. Just that if I were to pop in and see the unit totals, I would think that sbjj (just using you and svino as examples, since you two happen to be on top this week) is 10x more sucessful than Havis, who is +5u. In reality, Havis is only 5u behind you.

I understand that you have practical considerations in your bankroll. But for the purpose of the tracker, I think it is more helpful if 1u always = 1% of bankroll.

If not, then I hereby declare a 1000u bankroll. My next bet is 50u on X @ -150 to win 33u. See how that could be confusing? Or better yet, I now use a 1million unit bankroll. 10,000u on Lombard @ -500 to win 2000u. I am dominating, can you guys belive I am up 2000u in just 1 day?

[MMA_scientist]

Re: UFC 121 Betting Results

I also know alot of guys that say they use a 50 or 100 unit bankroll, but when they lose that bankroll, they just create another 50 or 100 unit bankroll.

Agree

Thats why I dont even bother with a bankroll. I'm not gonna stop if I'm down 50 units.

I use a 100u bankroll, but since I had to cash out, I went down to 50u bankroll. If lose my bankroll, I quit. If I manage to go down 50-100u, why would I keep playing?

[sbjj]

Re: UFC 121 Betting Results

I think you guys are missing my point. I understand that you are playing with more money than most of us.

But in terms of showing who is actually winning at the moment, a standard unit would be helpful. I am not saying any of this to knock anyone. Just that if I were to pop in and see the unit totals, I would think that sbjj (just using you and svino as examples, since you two happen to be on top this week) is 10x more sucessful than Havis, who is +5u. In reality, Havis is only 5u behind you.

I understand that you have practical considerations in your bankroll. But for the purpose of the tracker, I think it is more helpful if 1u always = 1% of bankroll.

If not, then I hereby declare a 1000u bankroll. My next bet is 50u on X @ -150 to win 33u. See how that could be confusing?

But if you had done that, you would look to be in even worse shape. It cuts both ways. Shit, just have a tracker that tracks units, percantage, and actual dollar amount.

Also, anyone could see that Svino had the best 121, dude went 10-2, as I only made one play the whole card.

[sbjj]

Re: UFC 121 Betting Results

Also, are you sure Svino is using a 100unit roll at the current time. If so, he had 25% of his entire roll on this card.

[Mr. IWS]

Re: UFC 121 Betting Results

If not, then I hereby declare a 1000u bankroll. My next bet is 50u on X @ -150 to win 33u. See how that could be confusing? Or better yet, I now use a 1million unit bankroll. 10,000u on Lombard @ -500 to win 2000u. I am dominating, can you guys belive I am up 2000u in just 1 day?

To alleviate that problem with the baseball tracker, we limited plays to a 50 unit max. Perhaps we should do that in here?

[Mr. IWS]

Re: UFC 121 Betting Results

I think you guys are missing my point. I understand that you are playing with more money than most of us.

I am seeing your point, but to me, a unit is the "currency" we are "wagering" on the tracker. Whoever has the most "units" is the leader.

I'm not really playing more than anyone else, I'm probably right in the middle. 100 bucks a unit is all I do.

[sbjj]

Re: UFC 121 Betting Results

[quote=IWS Zak]

If not, then I hereby declare a 1000u bankroll. My next bet is 50u on X @ -150 to win 33u. See how that could be confusing? Or better yet, I now use a 1million unit bankroll. 10,000u on Lombard @ -500 to win 2000u. I am dominating, can you guys belive I am up 2000u in just 1 day?

To alleviate that problem with the baseball tracker, we limited plays to a 50 unit max. Perhaps we should do that in here?[/quote:3i7ohub0]

Zak, if the percentage is just as easy for you, I'd say just go with that. But by that measure, you would have some real depressed dudes up in here at the current time. It is the most true method of success I would think. But bettors strive for different goals, at this point and time I am not looking to double my bankroll every 6 months.

[Mr. IWS]

Re: UFC 121 Betting Results

What about guys like Me and Luke, that use a percentage? Just default to 1% per unit?

I think the units is better, but that's just me.