Essentially, you are running a net loss of $10.

You get $100 on your winning bet and lose $110 on your losing bet. Picture this: you place two bets and win and lose the other. Think about it this way: if you lose half the time and more money than you are winning the other half, you’re losing money in the long run. However, when it comes to the bookies, you need to bet $110 to get $100. Most bets have a 50% probability of winning based on a points spread. You must consider the small juice fee for every bet to the bookmaker. You may be thinking, wouldn’t a 50% win ratio guarantee your money back? Unfortunately, it won’t. Considering the number of bets the average sports bettor makes, that’s an awful lot of bets to win to get your money back. Understand The MathĪs mentioned above, a punter needs 52.4% of his bets to break even. Read on as we touch on some of the top strategies to help you better understand sports betting. But, there are ways and techniques that you can use to maximize your chances. There’s no 100% guarantee that you will win regarding sports betting. The more successful ones average around 60%. For a sports bettor to break even, they need to hit 52.4% of their bets. As a result, they end up making more money than others.

On the other hand, the best sports bettors have an innate ability to block out their bias or prejudice when punting. But, it’s hard not to show favouritism when it comes to sports, especially if you have been supporting a certain team or sports person for a while. The golden rule for gamblers is not to get emotional about a casino gambling game. Generally, this happens because biases and prejudices towards and against specific teams and sportspeople filter in. The reality is that many sports betting enthusiasts lose bets. But, it’s a misconception that couldn’t be further from the truth. Novices may think that sports betting is easy. If they’re not gambling online at their favourite crypto casino, they may dabble in sports betting to make a quick buck. Millions of gamblers around the world love watching sports.

We’re here to discuss some great strategies to make money in sports betting.

How to make sports bets online