Do You Know the Magic Number to Win at Sports Betting?

If you have been involved with sports betting for several years or just getting started I am sure you have seen companies advertising their pick services in your local newspaper, online or even on television. A lot of these ads are offering guaranteed games or claim winning rates of 80% and above. If you see these types of services, you should run in my personal opinion. I don’t care what they say, No One wins 80% – 90% of their games.

Does that mean that you can’t make money with sports betting? In short the answer is No, it is definitely possible to make substantial profits from sports betting, but you need to be realistic. If you have the proper discipline, manage your bankroll and following a winning sports betting system then creating a substantial passive income from betting on sports can be a reality. Knowing the magic # is the key.

So what is the magic #? The answer is 52.4%.If we use the most popular sports to bet on like NFL and NBA a normal bet would consist of betting against the spread with odds of 11/10 meaning that you would have to wager $110 to win back $100. What this means is that you would only have to win 52.4% of your bets to actually break even.Although hitting 80% plus winners is virtually impossible over the long haul, the good news is that anything above 52.4% will be profitable. Although winning 55% doesn’t sound that exciting, you can experience some really substantial returns each month.

Let’s use a 55% win rate and wagering on 2 games each day for this example. Here is what the results would look like after one month:

Win Rate 55%

# of Wagers 60 games (2 per day X 30 days)

# Wins 33

# Losses 27

Minus 10% Vig* 2.7

Total Wins: 3.3

*Vig is the % that the online sports books keep for accepting your wagers. Usually 10%

So what does this mean? Well with these numbers a $100 bettor would be up $330 profit after the month and a $1,000 bettor would be up $3,300. Not bad for a few minutes work each day, but let’s look at what this means in ROIpercentage (Return on Investment).

What I personally use and recommend is that if you are going to be flat betting or making the same size wager on each game then you should be using no more than 5% of your total bankroll. So if you have a total of $1,000 then you should be wager $50 per game. By sticking with the same numbers as the example above of +3.3 games this would actually be a gain of $165 and a return of 16.5% on your money in just 1 month. Compounding that over a full 12 months translates into over a 600 percent return on your money. I don’t know about you, but these are some incredible returns. Compare this to other investments like the stock market or the bank and you can clearly see that sports betting is a viable option even using a conservative example. Now imagine a 56% win rate or even 60 percentage.

Tips On How To Win Consistently While Betting Football

Even if you win 55% of your bets, you will come out consistently ahead. This is, however, easier said than done and involves more than just a little reading and checking the injury reports. If Paul the octopus picked every winner in the recent soccer World Cup, picking winning football teams should be just as easy, right? Wrong. If it were that easy, lots of people would be making money and the sports books would have to go out of business. If winning at football betting involves some knowledge, some strategy and, let us face it, a dash of luck, it is because the bookmakers set very tight lines for the games. However, if you keep the following tips in mind, it should improve your chances of winning.

Bet as early as you can. Many of the sports books post their lines as early as they can and some offshore books do this by Sunday afternoon for the following week’s games. If you find a game and odds that you like make sure that there are no serious injury problems for the team that you pick. Bookmakers are not perfect and can make mistakes in setting the line. Pounce early before heavy betting irons out the mistakes.

Concentrate on a few teams. Because knowledge is important, if you concentrate on a few teams, you can build up a substantial amount of knowledge which you can use in making your bets. Also limit your betting to just a few games every Sunday.

Avoid heavy favorites. The crowd loves favorites and will rush to bet on them. However, they are not good choices if you want to maintain your 55% average in winning bets. Even if you do win a few, the payouts will be small. The best strategy is to bet on short priced underdogs because, when you win, you generally make more than you have bet.

Use totals judiciously. Totals set early in the week are generally based on predictions of good weather. In late season games, rain or snow sometimes affects the scoring and a heavy wind almost always keeps scoring down. In these conditions, you would do well by betting the Under

Use yards per play ranking. One method of evaluating teams is to look at the offensive yards gained per play and the defensive yards given away per play. Teams that gain more than they lose end up winning more games. The statistics are easily available and you can calculate the difference with a positive difference being an advantage. The rule of thumb to calculate a points spread from the yardage differential is that every 0.15 yards is worth one point. A differential of 0.60 yards between the two teams is worth four points. As with all betting tools, use your other data and information to confirm your findings.

Don’t avoid teasers. There is a common perception that teasers are a rip-off and therefore best avoided. Under certain circumstances, an NFL teaser which is a two-game parlay bet can make sense.

Pay attention to the injury reports. Read the injury reports carefully to determine what difference it is going to make to the performance of your chosen team. Do not just look at key players because all the guys in the team have to perform at their peak.