While you read this millions of dollars are stake on global scale. People are betting on the outcomes of numerous professional sports like soccer, hockey, basketball, etc with the hope of winning, improving their financial condition. This is a normal human desire. Although the question is, will be the betters improving their financial conditions? Available evidence suggest that a vast majority of the betting public are on the losing end as well as the book making industry continues to expand. What will be the reasons due to this state of affairs? The primary reason due to this state of affairs will be the forecasting methods of the betting public as well as a lack of well-defined betting strategy. Lets take a look-at this factors one after the other.
Forecasting methods like form analysis, head to head meets and also the like lack underling scientific underpinnings and as such cannot produce reliable predictions. Their so called short-term advantage are erased by their long-term disadvantages. It really is not surprising to note that this method is openly publicized by some bookmakers. Come to think of it. No bookmaker within his right senses would publicize a real forecasting method that works. I think this really is simple logic. Nobody works against himself.
A second problem facing the common better since we have hinted above is a lack of well defined betting strategy. The standard better thinks to earn money from sports betting means to bet every day and also to bet on every possible event. This is a strategy that is not working and cannot work. Making money betting is a function of prediction accuracy, choice of sports events and even more importantly the understanding of prediction. The standard better has no clearly defined forecasting technique and therefore there arises the problem of betting strategy. In the majority of cases the normal better is only hoping to win. This points outs his helplessness as well as a lack of accurate scientific knowledge. The purpose of this article is to set the better within the right position, arm him with the proper information. The aim is to get him winning without losing touch of the betting realities.
From years of research on this topic a whole lot of bitter truths have become evident. One of these is that a vast majority of sports are unfortunately unpredictable. The percentage of predictable events is in the selection of between the rate of 20 -30%.
A second truth is the fact that 80% of the predictable events have odds of between 1.3 and 1.7. This is meant as a general guide
The very first problem is the prediction methods. A vast majority of the forecasting methods have no underlying scientific basis. A 50-50 sort of thing. That is certainly why just what the better may win in the short run is eventually lost in the long run. This is indeed a sorry state of affairs as well as the better have come to believe which it can not improve. But that is not true. Years of my research in soccer forecasting led to the discovery of the primary laws of league soccer which permits a dependable and accurate forecasts of soccer and other sporting events. The truth is the fact that the outcome of soccer betting as well as other sport matches may be predicted scientifically. One can make money from betting but it can’t and shouldn’t replace your regular job. There’s a reason behind this. The main reason is that those matches that may be predicted with a high level of accuracy don’t come up every now and then and the odds for such events are typically not high. Using a scientifically founded method like the one expounded in my previously referred to books the greater will be able to recognize such events and make money on such events he should be able to make money. The practice of daily betting is doomed to fail this can be scientifically proven. In any league system from time to time there’s a turn up of predictable events.