Lots of individuals believe professional-level sports bettors win at least 60% of their bets. It’s understandable that men and women believe that, but it’s just not true. The fact is, the real difference between the number of bets won by successful sports bettors and also the portion of bets won by losers will be fairly really small.
Anyone can expect to win 50 percent. In the end, the sole thing required is to flip a coin and pick a side. The bookmakers’ profit comes from the real difference between what a bettor must risk and what a bettor expects to win. Every time a player wins, the bookmaker withholds slightly more than 9 percent of the winnings ($1 for every $11 risked). As such, a bettor winning only half his bets will ultimately go broke.
Professional sports bettors, in comparison, rarely sustain a long term winning percentage higher than 57 or 58 percent, and it is often as low as 54 or 55 percent. People see that challenging to believe, and they understandably get even more skeptical when told that, for a genuine professional-level sports bettor, a long term winning expectation of 60% or maybe more is in fact too high.
The measure of success of a sports handicapper is not his portion of winning bets, though the relative amount of profit he made over any given time period.
Spread betting is a great way of betting, particularly for sports fans and bettors – no matter how unequal a sporting contest is you may still enjoy a bet – with the opportunity betting from the very first minute right through to the very end. Not simply can you bet right through any sporting event you can change your brain, and adjust your bets anytime! The top way to explain the principle is firstly to use whole number examples(many punters are baffled when they see fractions of goals or learn online soccer similar when first looking at spread betting – how can there be 2.3 goals?(we are going to explain later).
Lets choose cricket, or any sport where runs are made. The spread betting companies may decide that a batsman should make about 30 runs. They will therefore give a spread of say 29 – 31. If you believe that batsman would score more than that you would BUY, if you did not rate the batsman and thought he would score less you would SELL. (You would keep your stakes low within this market because of volatility. )