4 MIN READ
PickFinder Team •Updated: Jan 06, 2025
When it comes to sports betting, one of the most critical aspects of long-term success is proper bankroll management. For those betting on PrizePicks, understanding unit sizing can make the difference between consistent profits and unnecessary losses. In this guide, we’ll break down what unit sizing is, why it matters, and how to use it effectively for betting on PrizePicks.
A "unit" in sports betting refers to a standardized measure of your bet size, typically a percentage of your total bankroll. For instance, if your bankroll is $1,000 and you decide that one unit equals 1% of your bankroll, then each unit is $10.
Unit sizing helps:
PrizePicks allows users to parlay multiple player props for higher payouts. However, the potential for higher payouts comes with increased risk. Without proper unit sizing, it’s easy to overextend your bankroll, especially on high-risk bets. Here’s why unit sizing is crucial:
The size of your unit depends on your bankroll and your risk tolerance. Here’s a simple step-by-step guide to determine your unit size:
While it’s essential to maintain consistency, some bettors adjust their unit sizes based on confidence levels. For PrizePicks, this might mean:
Caution: Avoid overconfidence. Even the best plays carry risk, and overbetting can lead to losses.
Let’s say you have a $1,000 bankroll and set your unit size to 1% ($10). You’ve identified three player prop combinations:
By sticking to these amounts, you’re protecting your bankroll while giving yourself a structured approach to wagering.
Unit sizing is a fundamental aspect of successful sports betting, particularly on platforms like PrizePicks. By defining a consistent unit size, adjusting for confidence levels, and maintaining discipline, you can protect your bankroll and set yourself up for long-term success. Start small, stay consistent, and watch your sports betting skills improve over time.
If you want to increase your chances of winning, using a tool such as PickFinder can greatly help you do research and find the best lines. You can filter across all the major betting apps for the highest value lines and dive deep into player performance, matchups, injuries, and more.