This is a qualitative variable, but one that must take into account the quantitative factor to make a more accurate analysis. It is also necessary to consider the frequency of this Sports betting for better analysis.
How to calculate Sports betting
- Sports betting = (benefit / total wagered) x 100
Your Sports betting 토토검증사이트 will be positive whenever you make a profit. With this percentage you will know how much you won or lost for each bet. Example: A player makes a total of 20 bets, between wins and losses. The total bet was 500 €, with a profit of 100 €.
- Sports betting = (100/500) x100 = 20%
The player had a positive Sports betting of 20 cents for every euro bet. The same would happen if he had lost € 100 instead of making them. Its Sports betting would be a negative 20%, meaning it would have lost 0.20 cents per euro bet.
That is, even if you have losses, your Sports betting can be positive, as this calculation will only take into account the profit or loss on the total amount wagered. Most high rollers get a 10% average Sports betting, which is excellent.
In other words, Sports betting is a profitability index according to the player’s efficiency. A way to measure his performance according to the results he shows.
Sports betting alone are not enough
However, note that only Sports betting is not enough to measure whether a gambler is profitable or not. When comparing the Sports betting between two players with very similar results, look at the amount of bets placed by each. The one with the highest number of bets placed tends to be a more advantageous choice as its sample size is larger, which reduces the effects of a statistical variance.
An important example of Sports betting
Generally, when accessing a prediction site we pay more attention to the hit rate of each guess. This is a form that, although very usual, does not show us the real situation behind the bets placed by him. Following a guess that has an 80% hit rate at first glance seems to be interesting, but if we realize that the average price he bets is 1.20, we will have problems. Follow the example:
If he has a hit rate of 80% that means that every 10 bets he will hit 8 of them. If the average odds bet is 1.20, and if he bets $ 100 per bet, he will have hit 8 bets and wrong 2, thus:
Profit from 8 bets: R $ 160
Damage with 2 wrong bets: $ 200
Therefore, this player would have a negative Sports betting, after all we would calculate like this:
(- $ 40 / $ 1000) * 100 = – 4%
See how useful this information is? Now calculate the Sports betting of your favorite tipsters from now on and your chances of tracking only the most lucrative bettors will be even higher.