Do You Know the Magic Number to Win at Sports Betting?

If you have been involved with sports betting for several years or just getting started I am sure you have seen companies advertising their pick services in your local newspaper, online or even on television. A lot of these ads are offering guaranteed games or claim winning rates of 80% and above. If you see these types of services, you should run in my personal opinion. I don’t care what they say, No One wins 80% – 90% of their games.

Does that mean that you can’t make money with sports betting? In short the answer is No, it is definitely possible to make substantial profits from sports betting, but you need to be realistic. If you have the proper discipline, manage your bankroll and following a winning sports betting system then creating a substantial passive income from betting on sports 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 like NFL and NBA a normal bet would consist of betting against the spread with odds of 11/10 meaning that you would have to wager $110 to win back $100. What this means is that you would only have to win 52.4% of your bets to actually break even.Although hitting 80% plus winners is virtually impossible over the long haul, the good news is that anything above 52.4% will be profitable. Although winning 55% doesn’t sound that exciting, you can experience some really substantial returns each month.

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

Win Rate 55%

# of Wagers 60 games (2 per day X 30 days)

# Wins 33

# Losses 27

Minus 10% Vig* 2.7

Total Wins: 3.3

*Vig is the % that the online sports books keep for accepting your wagers. Usually 10%

So what does this mean? Well with these numbers a $100 bettor would be up $330 profit after the month and a $1,000 bettor would be up $3,300. Not bad for a few minutes work each day, but let’s look at what this means in ROIpercentage (Return on Investment).

What I personally use and recommend is that if you are going to be flat betting or making the same size wager on each game then you should be using no more than 5% of your total bankroll. So if you have a total of $1,000 then you should be wager $50 per game. By sticking with the same numbers as the example above of +3.3 games this would actually be a gain of $165 and a return of 16.5% on your money in just 1 month. Compounding that over a full 12 months translates into over a 600 percent return on your money. I don’t know about you, but these are some incredible returns. Compare this to other investments like the stock market or the bank and you can clearly see that sports betting is a viable option even using a conservative example. Now imagine a 56% win rate or even 60 percentage.

Online Sports Betting Sites – Within Reach of Many Thanks to the Internet

The advances in technology over the last several years have ushered in the computer and web space revolution and many things have never been the same again. People can now talk and view other people from across the seas on their computer screen, take the pleasure of watching movies online, go through eBooks, play games and even do their purchasing without leaving their house. Other benefits of the internet are the opportunities it has thrown up for people to make money sitting at home by either working on web content, trading the stock market or indulge in gambling at online sites. The online sports betting sites have been a great introduction for people who like to place bets on games and horses and they can now do this without having to be physically present at a casino or race course.

Essentially these online sports betting sites permit you to place bets on sports teams and upon winning, you can get the money you placed and the winnings out of the odds placed on that team. You will lose your money if the team loses and this is a process that has been simplified and understood by all those playing for such stakes. Earlier, gambling was limited to horses but with these online sports betting sites, the concept of betting on sports teams and even individuals has taken root. There is a plethora of such sites and it is up to you to recognize the authenticity of the site you wish to place your wager on. You can do this by taking recourse to references about the site from experienced players. No site can survive if it is not backed by transparency in its dealings.

Some of the well known online sports betting sites like BetGameDay and My Bookie are ones that have been around for a long time and offer a variety of games for placing a wager for the site visitor. They also provide a much higher quality of customer service and easy registration formalities. The free bets offered by these sites coupled with dissemination of vital information related to sports and betting have made them favorites with a lot of their customers.

Football Sports Betting – A Favorite Of Millions Around The World

Betting on the sport of football is a favorite of millions around the world. These days, there are many avenues available for people who want to bet on live sports, with expectations of winning big. Though the market offers plenty of means to get good tips, one surely must show shrewdness while using them for making money. The Internet also provides some useful information that makes this job simpler and financially gainful in the long run.

Many people have made fortunes through online betting. Of the many sports available for the purpose, football remains the most favorite of people betting online. Of course, you can bet on other games of your choice, like badminton, baseball, basketball, cricket, rugby and tennis also. To gain experience, and thus enhance your chances of winning, you need to grasp and apply available betting tips.

Because of tough competition, they offer free bets to new and regular players, to have a good patronage.

It is interesting that most of these sports betting people work from Gibraltar or the UK, the reason being the low-tax liability there, enabling them to offer first-class service to clients. Players are able to choose from a range of games and place their bets. Of late, it has been possible to offer live bets on sports like tennis and football. Some of the best horse-racing bookmakers are known to offer ‘Best Odds Guaranteed’ for that sport.

Some of the huge websites use in-house facilities, including software, to end their dependence on an outside provider. This facilitates carrying out changes needed when necessary, in their attempt to offer better products and services to their customers. This has empowered many to look for new avenues like in-running betting for generating extra revenue. The present-day websites are user-friendly and allow the visitor to offer bets very quickly. In case of any difficulty, which is quite rare, the user can conveniently make use of the competent customer support that is always available through trained and courteous staff, capable of resolving issues in real-time. The customers never had it so good!

“In-play betting,” has enabled bookmakers to satisfy their clients by providing an array of games, for betting at their convenience during the day. Whether you prefer Premier League or fancy betting on Tennis, you are sure it will be there. The best thing is that, while using free bets for your betting, you can also watch the event without paying a dime. At the same time, you feel the heat and pulse of the moment. You can find regular broadcasts for football and horse-racing, though, you may also discover basketball and tennis in that list.

Of late, online betting sites have shown great improvement in the services offered by them. Now, they offer a range of sports betting through websites that are secure, using the latest technology. The fierce competition prompts them to make lucrative offers to keep their existing customers and to attract new ones. It is almost a norm to offer free bets and regular promotions. That is how you find the usual bookmakers offering ‘best odds guaranteed’ for horse-racing. Technology has facilitated highly secured and entertaining online betting. Since competition keeps the bookmakers on their toes all the while, customers are enjoying the benefits.

Online Sports Betting Forums Available

Betting on team sports has become an important service industry in many countries including the USA, the UK and Australia just to name a few. For example, millions of Britons play the football pools every week. By definition sports betting is the process of predicting sports results by making wagers on the outcome of the game. Forums online that allow you the ability to bet on your favorite team have revolutionized sports betting. Forums more often than not offer a lively “give and take” where the bettors will talk about their predictions and help one each other decide on profitable bets.

If you are interested in forums or websites such as these, there are a few million places you can visit but some of my favorite ones are listed below. Note I take no responsibility for these sites nor am I an affiliate or an owner, they are just ones that I like personally! It’s your responsibility as a bettor to check out all sites beforehand!

Docs Sports

Robert Ferrigno

The RX Forum

Betting Talk

Ultimate Capper

Predict Em

Major Wager

Further more, if you are interested in doing sport bets online or you would like some extra tips and hints, I found a really cool site with lots of information about these topics in mind. Here are a few tips that were listed on the website:

Money Management –

Be sure not to bet more than you can afford to lose. Also, know when it’s time to stop. If you set aside $500 be sure not to go over $500!

Never Gamble Under The Influence –

It might seem obvious to some people, but just because gambling casinos give out free drinks while you are gambling, doesn’t mean you should take advantage of it! Alcohol can cloud your judgement. When you are gambling you need a clear mind.

Do Your Homework –

Follow a niche carefully and learn everything about it that you possibly can.

Bet At The Right Time –

Gambling isn’t just about winning or just about money, it’s also about being sharp, knowing when to bet and when to not bet. If your one of those people that get “gut feelings” and most of the time you’re right, it’s a good idea to follow what you feel!

Here are a few gambling, casino and sports betting sites you can check out:

Absolute Poker

Full Tilt Poker (awesome site!)

Doyle’s Room

The Greek

Bingo Knights

Cool Cat Casino

Cirrus Casino

International Slots League

I wish you great luck with finding the right site online for all your gambling needs and I hope you win a whole lot of money in the process!