Have you ever been a part of sports betting? If yes,
have you wondered if your return investment is enough to cover primary
expenses? However, is there any limit to wining out of betting? The first thing
you should have a fair idea about is to calculate the return on your investment.
It only depends on how much you expect to earn from sports betting. If you
think it is not adequate, it will be better to change your strategy.
If you do sports betting online, thinks are more
likely to get easier. A healthy number of sports books are available on
internet. However, the challenge for you is to limit your choice to only one or
two to learn the best opportunities and how to calculate your initial
investment. This will help you take a wise decision. Once you get a clear idea
about your investment, you can have your logical estimation about return from
betting on different sites.
Let’s Guide
You with an Example
What we mean by betting investment? It is the sum of
money that you put at stake for betting. It includes $120 that you invest to
wallop $100 plus cost of services. The return is calculated in terms of net
gain or loss on the initial investment. So, it means if you have placed a $120
bet to win $100 and are successful with a 100% win rate, the ROI will be
calculated as $100/$120, which produces a 83.3% output.
If you win with 100% rate all the time, you will be
bracketed as high-heeled gamblers. However, that hardly classifies you as a
lucky gambler. An expected win rate – on average – will be between 55%-65%.
However, there is good news for you as according to the latest betting news in
most sports books, you are expected to risk only $110 to win $100.
Other
Considerations
Another important consideration is purchase of picks
and their effects on return investment. Cost of service must be included during
calculation of profit percentage. On average, a sports bettor must be focused
on increasing his/her winning percentage by 1.5-2% to break even when he
purchases worth of picks in a season. That would be great if you make an
optimum use of the service and win more games.
Other factors also play a role here. These include
number of bets, amount of money placed on a bet, cost of service etc. If you
are confident that you could improve the winning percentage by around 3% on
strength of good service, investment definitely makes a good decision. One
thing that you must not forget is to win enough money to cover the expenses of
service and also earn a healthy sum of profit.
If you are currently using a service but not in luck,
you should think about a change in order to take better decisions. Or at least
consider a change in your strategy if returns are not up to your expectation.
According to the latest betting news and tips, you will push yourself towards
more financial burden for continuing with a service that fails to increase your
percentage of wining beyond 2.5%.
