Do you know the Magic Number to Win in Sports Betting?

If you’ve been involved with sports betting for a number of years or just starting out, I’m sure you’ve seen companies advertising their betting services in your local newspaper, online, or even on television. Many of these ads offer guaranteed games or claim win rates of 80% or more. If you see these types of services, you should run in my personal opinion. I don’t care what anyone says, nobody wins 80% – 90% of their games.

Does that mean you can’t make money from sports betting? In short, the answer is No, it is definitely possible to make substantial profits from sports betting, but you have to be realistic. If you have the proper discipline, manage your funds and follow a winning sports betting system, creating a substantial passive income from sports betting 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, such as the NFL and the NBA, a normal bet would be to bet against the margin with odds of 11/10, which means that you would have to bet $110 to get $100 back. What this means is that you would only need to win 52.4% of your bets to break even. Although reaching 80% more winners is virtually impossible in the long run, the good news is that anything above 52.4% will be profitable. Although earning 55% doesn’t sound all that exciting, you can experience some really substantial profits each month.

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

Win rate 55%
# of bets 60 games (2 per day X 30 days)
#Win 33
# Losses 27
Less 10% Vig* 2.7

Total earnings: 3.3

*Vig is the % that online bookmakers keep for accepting your bets. Usually 10%

So what does this mean? Well, with these numbers, a $100 bettor would earn $330 after the month and a $1,000 bettor would earn $3,300. Not bad for a few minutes of work each day, but let’s see what this means for your ROI (Return On Investment) percentage.

What I personally use and recommend is that if you are going to flat bet or bet the same size on each game, then you should not use more than 5% of your total bankroll. So if you have a total of $1,000, then you have to wager $50 per game. Sticking with the same numbers as the +3.3 games example above, that would actually be a $165 win and a 16.5% return on your money in just 1 month. Combining that over a full 12 months translates to a return on your money of more than 600 percent. I don’t know about you, but these are some amazing returns. Compare this to other investments like stocks or banks and you can clearly see that sports betting is a viable option even using a conservative example. Now imagine a win rate of 56% or even 60%.

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