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How do professional sports bettors make profits from betting systems that work?
What is more important? Winning more selections than you lose or a high success rate? A betting system that genuinely works can truly help you to succeed
Published on 05 December 2017
Updated on 05 December 2017
Betting Tips for Today's Football
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The standard belief is that professional sports bettors and traders have a greater edge than your recreational or average bookmaker customer. This is possibly true, but it’s equally likely that professional sports traders use repeatable methods; either a system created over their sports betting career or a betting system developed (or purchased) especially for long-term profit potential.
This article will help you to understand the needs of a betting model and it will also help you evaluate betting systems on the Internet. Taking the time to understand the workings behind betting systems will help you to choose the most appropriate system for your needs. This can help you to select the best way to use a betting system within your selections.
What do you want from a betting system?
With any system you need to understand your objective before risking your hard earned money. Are you more interested in large profits or would you prefer to maintain long-term winning streaks?
People talk about betting value, but what do they really mean. Is value simply a selection at high bookmaker odds for a large return? Or is value based on the likelihood of a selection delivering a specific outcome?
All soccer betting systems are either focussed on a) maximising the success rate or b) maximising the profit (i.e. yield). Increasing the betting success rate is not the same as increasing the profit, as a low success rate betting model could generate a much higher profit than a high success rate betting system, which operates at low odds.
Profit and Success Rate are not created equal.
The factor that links Profit and Success Rate is Return on Investment (ROI), If you consider the following examples, it will demonstrate the relationship between Profit, Success Rate and ROI.
A good way to think about profit and success rate is to imagine Success Rate and Profit as opposite sides of the same coin. To see one coin-face you need to flip the coin over and hide the opposite coin-face (i.e. to increase profit you may have to sacrifice success rate and to increase success rate you may have to sacrifice profit).
Increasing profit from any betting model requires an increase in the risk and therefore, a reduction in the success rate, as larger odds (i.e. risking your stake on more unreliable selections) is usually required to improve your betting profit.
Professional sports gamblers and traders are able to balance the coins on their edges, therefore making the most of their profit by balancing the risk with a sustainable success rate.
The balance between two opposing betting forces is the objective for any recreational or professional sports bettor and if you can maintain this balance over the long-term, it will demonstrate that you can truly manage uncertainty and gain predictable profits in potentially highly lucrative betting and trading markets.Good luck!
Tags: betting tips and tricks
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