Month: March 2018

A Case Against the Multi-Unit “Lock” Bet

There are two general problems with the purported concept that some bets are such locks that they merit a ten, twenty, thirty or forty times increase in your bet size. The first, more obvious problem, is the marketing manipulation involved in these claims. The second, more catastrophic problem, is that with the “10x Unit” wager you are almost certain to lose money betting these “locks,” even if we accept the touts proclamation that the wagers have gone 7-3 against the spread in the last ten wagers. With the facially absurd “40x Unit” wager, you are guaranteed to lose all of your bankroll.