Quantity versus. Quality in Sports Gaming - A Simple Example

Quantity versus. Quality in Sports Gaming - A Simple Example

Weve all noticed a handicapper or activities gambler feature their power to win in a 60% or greater clip. Is it feasible to win at that percentage over a short span of time? Completely. If someone is able to keep that profitable percentage over the course of years enjoy your riches, and I wish you all the luck in the world. Sports Monitoring Service includes more concerning how to deal with this enterprise. Now the facts. Its not going to happen - forget-it, 60% is nearly impossible over any considerable length of time. 558-new, perhaps, but everyone who claims a 60% win rate over times and multiple sports is simply lying or they are betting a very few games. Dont quit yet nevertheless. Below I will show that winning 54 out of every 100 games (54%) can turn a nice profit.

The illustration below will examine the gains from different winning percentages of these games and different portions a games gambled. For your sake of argument

Some body could claim that they have struck 60% winners betting on sports days gone by three years, for example. But if they just bet a year 30 total to 10 games over the three year course and they win 18 of those, I suppose they've the right to claim they can handicap sports in a 60% win rate. Technically appropriate, but a very weak state.

Bet size $110

Betting $110 to win $100

60-inch winning percentage more than 30 games

18 champions = $1800

1-2 losers = $1320

Profit = $480

For somebody who claims to select 60-inch winners over the past 36 months, and is betting around $100 a casino game a $480 profit does not seem all that impressive. So much for that remarkable 60% winning percentage.

Let's now take a look at an alternative case. A guy claims that he has struck a conservative 54% of his games over the past 3 years (52.38% is the break-even point). However, over the length of the period he bets about 3 activities each day on all major activities. His full activities guess will be 3285 over that time span. Allows analyze his numbers since the so called 60-inch gambler using the sam-e guess size.

Guess size $110

Betting $110 to win $100

54% winning percentage over 3285 games

1774 champions = $177400

1511 losers = $166210

Gain = $11,190

You can view from these simple cases that it's important to not just look at winning percentages, but also the number of games wagered and the bet size to realistically evaluate potential profits. Be sure to simply take this under consideration when analyzing your bets, or when you hear unreasonable statements of 60% or greater winning percentage over an extended period of time.

Good luck with your bets, and I wish the best to you of luck this year!.