For a sports betting system to be profitable it needs to have a winning percentage of 52.38% when betting on the favourite, and 47.62% when betting on the underdog. These percentages are based on the common odds of 11 to 10, or in other words, risk $11 to win $10. As the odds increase, the required winning percentage when betting on the favourite increases, and when betting on the underdog decreases. Read on for details on how to use this valuable information in your own sports betting system.
One would think that achieving a winning percentage greater than 52.38% is easily achievable. However, if you look at the results of sports handicappers, both professional and amateur, the reality is that achieving this figure is more difficult than it first appears. One of the challenges you will face if you try to view and compare handicappers results is getting access to the raw data. Handicappers picks can be scattered across many different mediums, from subscription emails, to forum posts, to secure websites requiring login. This is where tools and services which aggregate handicappers picks is invaluable, as they provide a one-stop-shop where you can view picks, compare results and make informed decisions.
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