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Every sports bettor should know what their break-even point is for their Wagers. Continuing the above example 0. The answer is One caveat to this entire equation is the assumption that each and every one of those wagers are for the same amount. On the flipside of that, the favorited wager would now have odds at , which would require a As we can see even the slightest of movement in the juice can greatly affect your needed win rate, making the juice an essential consideration before placing any wager.
Another aspect to your potential return on investment is if you decide to pay for picks. The average person with a full-time job, family commitments, and other hobbies is unlikely to have the time to fully research every aspect of a game to make an informed decision on whether or not a wager is a profitable one. If you purely stick to that, then you have a pretty solid idea of what you need to do in order to be profitable win more than With this in mind, you should only make wagers on picks you believe will pay-off more than Just a cautionary note to those of you starting out on your betting journey.
Just because you may be a good bettor and are likely to win e. It is highly unlikely that you will win six of your first ten bets, or twelve of your first twenty bets, and so on… nothing so precise. You could just as easily start off on a win to loss ratio of , as you could , and it would mean nothing with regards your ability as a sports bettor. In fact it is those long winning and losing streaks and how you react to them, that will most often decide your success or failure as a bettor….
Oh that and avoiding sports touts and handicappers like the one in this video! Your email address will not be published. Sports Betting Winning Percentages in Betting. Posted on November 9, November 9, by Betfile. Like betting? Sign up for free news:.
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