Quantity vs. Quality in Sports Gambling - A Simple ExamplePosted by Adrian James on June 27th, 2019 We’ve all heard a handicapper or sports gambler boast of their ability to win at a 60% or better clip. Is it possible to win at that percentage over a short period of time? Absolutely. If someone is able to maintain that winning percentage over the course of years – enjoy your riches, and I wish you all the luck in the world. Now the truth. It’s not going to happen - forget it, 60% is nearly impossible over any substantial length of time. 55%, maybe, but anyone who claims a 60% win rate over multiple sports and seasons is simply lying – or they are betting a very small number of games. Don’t give up yet however. Below I will show that winning 54 out of every 100 games (54%) can turn a nice profit. The example below will examine the attainable profits from different amounts a games wagered and different winning percentages of those games. For the sake of argument Wager size 0 Betting 0 to win 0 60% winning percentage over 30 games 18 winners = 00 12 losers = 20 Profit = 0 For someone who claims to pick 60% winners over the past three years, and is betting roughly 0 a game – a 0 profit does not look all that impressive. So much for that impressive 60% winning percentage.
Wager size 0 Betting 0 to win 0 54% winning percentage over 3285 games 1774 winners = 7400 1511 losers = 6210 Profit = ,190
Good luck with your wagers, and I wish you the best of luck this year! For more details, click here Like it? Share it! |