Moneyline Sports vs. Spread Sports
Many bettors like to stay away from moneyline-based sports, such as baseball and hockey, due to the extremes in winning percentages, but they can be very profitable. Betting on the underdog in moneyline sports will likely give you a losing record, but the payouts for winners will be so much higher that your profits will increase. Below is a section of a results page for MLB Smart Money plays. Notice that five out the six books have losing records for the triggered plays, but that all six have significant units won due to underdog payouts.
The other side of the coin is betting on favorites, which will give you a strong winning percentage, but can still produce a loss in money. Betting on teams like the Yankees or Red Wings will consistently put your odds in the -200s or higher. If you average odds of -200, you would need that team to win 67% of the time to break even. If your average odds go any higher, you’ll need to win 70% or more to not lose money.. Daftar Situs Judi Bola Resmi
For example, if you wager on the Yankees every game of the season (162 games) and they average -200 odds for the season, you would need them to win 109 games just to break even. To turn any substantial profit you would need them to break the single-season win record (116).
Okay bettors, you know what “units won” means, and you want to win some “Units” right? So put that knowledge to use pronto and strike while the iron is hot!
Properly managing your bankroll is one of the most important factors when attempting to become a successful sports investor. Following two standard rules can help reduce your risk of ruin and maximize the effectiveness of a solid sports betting system.
We recommend a flat-betting system where your bet size is the same for each wager. Flat betting allows you to ride the ups and downs of investing and minimizes the the chance of going broke during a losing streak.
While experienced investors sometimes bet 4%-5% of their entire bankroll per unit, we take a more conservative approach and recommend a unit size of 1%-3%, especially for beginners, of your bankroll.
To learn more about money management and bet size, check out our sports betting articles.
Academic Sports Betting Research is at the heart of what Sports Insights does. We are an internationally recognized leader in betting information services. Our goal is to educate sports bettors about using statistical analysis and sports betting research to help evaluate risk, when attempting to predict “winners” in sporting events. We don’t guarantee winners, or promote impossible winning percentages. Professional sports bettors operate within a winning percentage of 54-57%.
The key point to understand is that the difference between winning and losing over the long-term is measured by only a few percentage points. Anyone can go 10-0 one week, but very few sports bettors win above 54% of their bets over the course of entire season. At Sports Insights, we define success as consistently winning over the long term. This page offers sports bettors a list of published academic research articles to help you win.
Visit this page often for new betting research articles and ideas. The staff at Sports Insights is constantly researching the sports betting market, developing new and cutting edge sports betting systems. Solid betting research should always form the foundation of any serious sports betting system.