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A lot of men and women believe professional-level sports bettors win at least 60% of their bets. It’s understandable that men and women believe that, but it is just not true. The very fact is, the real difference between the percentage of bets won by successful sports bettors and the number of bets won by losers will be really small.
Anyone can anticipate to win 50 percent. Of course, the only thing required is to flip a coin and pick a side. The bookmakers’ profit comes from the difference between what a bettor must risk and what a bettor expects to win. Every time a player wins, the bookmaker withholds slightly more than 9 percent of the winnings ($1 for every $11 risked). For this reason, a bettor 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’s often as little as 54 or 55 percent. People see that challenging to believe, and they understandably get even more skeptical when told that, for a genuine professional-level sports bettor, a long-term winning expectation of 60% or maybe more is really too high.
The measure of success of a sports handicapper isn’t his portion of winning bets, but the relative amount of profit he made over any given time frame.
Spread betting is a great way of betting, particularly for quality online soccer gambling sports fans and bettors – however 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 only can you bet right through any sporting event you can change your brain, and adjust your bets at any time! The most effective way to explain the principle is firstly to use whole number examples(many punters are baffled once they see fractions of goals or similar when first looking at spread betting – how can there be 2.3 goals?(we’re going to 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 can therefore give a spread of say 29 – 31. If you think 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 the market because of volatility. )