Lots of people believe professional-level sports bettors win at least 60% of their bets. It’s understandable that individuals believe that, but it is just not true. The truth is, the main difference between the portion of bets won by successful sports bettors and also the portion of bets won by losers will be relatively very small.
Anyone can expect to win fifty percent. Of course, the only thing required is to flip a coin and pick a side. The bookmakers’ profit comes from the real 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). For this reason, a bettor playing soccer online winning only half his bets will ultimately go broke.
Professional sports bettors, in comparison, rarely sustain a long-term winning percentage higher than 57 or 58 percent, and it is often as low as 54 or 55 percent. People see that difficult to believe, and they understandably get even more skeptical when told that, for an authentic professional-level sports bettor, a long term winning expectation of 60% or maybe more is in fact too high.
The measure of success of a sports handicapper isn’t his portion of winning bets, though the relative amount of profit he made over any given time period.
Spread betting is a great way of betting, particularly for sports fans and bettors – regardless 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 just can you bet right through any sporting event you may change your mind, and adjust your bets anytime! The most effective way to explain 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 shall 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 might therefore provide a spread of say 29 – 31. If you believe 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 in this particular market as a result of volatility. )