Tag Archive: return on investment

As no one can predict the future with certainty, sports betting tipsters have a steep slope to climb in order to convince bettors to have faith in their predictions, mainly thanks to the assumption that many are simply fraudulent. However, there are some more serious and legit tipsters who actually have the skills and do the research necessary before selling their tips. One thing to keep in mind is that a bettor shouldn't expect a 100% success rate. The aim is to win around 55% of your wagers.

If you have money to burn, then betting on the horses is certainly a great way of watching it drain away from your wallet. But if you want to see a profit at the end of a day's racing then you need to change the way you think and up your game. Contrary to popular belief there are punters who enjoy profitable horse racing. That's thanks to a deep understanding of every aspect of the race, from the horses, to the track, to the weather conditions....it all matters if you want to turn a profit.

Let's be frank, betting on sports is not easy. You have to contend with the bookmaker's betting lines as well as their juice. So, when you do manage a win, it's important to know whether the positive result was down to your skill or simply down to good luck. Yet how can you tell? Well, for a start you need to start collecting historic betting data and then analyse the numbers. Discard any outliers including bets won r lost against huge odds. Then take a close look at how variance plays a part.

Most football betting markets offer fairly simple and straightforward betting options. Things like the most goals scored or the number of corners. But if you really want to test your skills and luck, then maybe try your hand at football accumulator bets. This is essentially a number of bets strung together. If you have five bets in order, but just one bet loses, then the whole accumulator bet is lost. In order to have any possibility of winning you'll need to study everything about each team.