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Lots of people believe professional-level sports bettors win at least 60% of their bets. It’s understandable that individuals feel that, but it’s just not true. The fact is, the main difference between the number of bets won by successful sports bettors and also the percentage of bets won by losers is comparatively very small.
Anyone can anticipate to win 50%. After all, the thing required is to flip a coin and pick a side. The bookmakers’ profit comes from the difference between what a bettor must risk and what a bettor expects to win. Every time a player wins, the bookmaker withholds a little more than 9 percent of the winnings ($1 for every $11 risked). Consequently, a bettor fantastic football winning only half his bets will ultimately go broke.
Professional sports bettors, by comparison, rarely sustain a long term winning percentage higher than 57 or 58 percent, and it’s often as low as 54 or 55 percent. People discover that tough 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 really too high.
The measure of success of a sports handicapper isn’t his percentage of winning bets, though the relative amount of profit he made over any given time period.
Spread betting is a good way of betting, particularly for sports fans and bettors – irrespective of how unequal a sporting contest is you can still enjoy a bet – with the opportunity betting from the 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 very best way to describe the principle is firstly to use whole number examples(many punters are baffled when they see fractions of goals or 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 provide a spread of say 29 – 31. If you assume 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 as a result of volatility. )
