by Cortez DangIf you have been doing a great soccer online – read article – deal of sports betting, you are probably wondering whether or not your return investment is adequate. Are you just winning sufficient to cover the expenses involved or are you really coming out on top? Just how much can you win at sports betting, anyway? You will need to learn to calculate the return on investment so that you may get the very best out of sports betting. If you do not feel as if you are making a good return, then perhaps you’ll need to change your strategy.
Online sports betting makes things a bit easier, since you have a choice of books. There are various sports books on the web, so you should be able to choose 1 or 2 which will present you with the top opportunities. You may make your decision after learning the way to calculate your investment, in order that you will know what you may expect—realistically speaking—-on the profits you can make from various sites.
Your investment, as always, will be the cash that you lay down on a bet. By way of example, this consists of the $120 that you put forth to win $100, in addition to the expense of services. The return is the net win or loss depending on the investment. Thus, if you put $120 up to win $100 and win that bet with a 100% win rate, your return on the investment will be calculated as $100/$120, which comes out as 83.3%.
In the event you are lucky to get a 100% win rate all the time in which case you are a very wealthy gambler, indeed! Conversely, you are probably not that lucky, as the realistic expected win rate, on average, is around 55%-65% over the course of a season. The excellent news is, although, that most sports books only expect you to put forth a $110 risk in order to win $100.
Another thing you’ll need to consider is purchasing picks and what effects it has on your return investment. You shouldn’t forget about the costs of a service when calculating your profit percentage. Generally, a sports bettor may have to improve his or her winning percentage by 1.5-2% in order to break even if purchasing a season’s worth of picks. This might not be all that bad if you use the service to the fullest and win on more games.
Of course, additional factors come into play too, including number of bets you make, the amount of money you wager, the price of the service, etc. If you think you can enhance your winning percentage by about 3% with a great service, you should certainly invest in one. Just make sure you can win sufficient to cover the service but still generate a profit!
In the event that you are using a service now and also are not possess any luck, then you obviously need to either look for another one or make better decisions. You should at least change your strategy in the event you are not getting the returns that you would like. You will only set yourself up for financial failure if continue paying for a service which is not increasing your winning percentage by 2.5% or more.