Most legit sports bettors in the long term have close to 55 percent winning percentages. Those who say they are winning 65 or 70 percent of the time in a long-term sample size are lying, as there is a reason sportsbooks are still profitable and will not be shutting their doors for a while. To further back this up, I found a two-year study of online casino gamblers, in which only 11% of the gamblers made a profit. The average winnings were just under $150 as well. This same study also revealed that 80% of the revenue came from just 10% of the gamblers, while those in the bottom 10% of bet volume had the highest winning percentages by far.
This leads me to explain that I try to bet the most significant amount of money possible in moderation at the fewest possible times. It is an enjoyable activity that people can enjoy with friends if they are responsible enough. Becoming a profitable sports bettor is an impossible task. However, it is easier than some people make it. Never try to force any bets, and never bet on a game to watch it, as this will never lead to success. Please check out the sports betting tracker part of my website’s drop-down menu to see how I have successfully placed different sports bets, such as Regular Daily Bets, Futures Bets, and Long-shot Futures/Parleys. You will notice very quickly that my overall win % is low. However, this is skewed heavily by banking on the high odds futures to hit.
Finally, the most crucial part of sports betting is how you manage your bankroll, which is the amount of $ you are either willing to lose or invest into betting. Most expert gamblers’ bankrolls are at least 50 units big and preferably 100 units. This means that the $ wagered on each bet may be very small to begin with, even as low as $5, and this is encouraged. Take it slow; if you are going to join me in becoming a profitable sports gambler, then you are in it for the long haul, not just an excellent quick time, hey?! Be patient, be patient, be patient; this is the key, as successful sports gamblers usually have a maximum of 1-2 % bankroll risk for any singular bet. While this may seem extremely low, this is a great strategy to allow new sports bettors to become more familiar with how everything generally works. Now, if you look at my betting logs, you will see that I am not making thousands and thousands of dollars. However, I have quickly bec