ROI stands for Return on Investment, this is critical to sports bettors for achieving long term success.  There are different ways to measure success as a sports bettor ie. Winning percentage and Units won are most common.  Really, the one that matters the most is how much gain have you had with your initial deposit.  We here believe that sports betting is an investment, it is also a grind and showing you our ROI each day shows you and us that it’s not about who has the highest winning % or units won at the end of the day it’s about who can sustain a constant profit long term.  You here that sports betting is not a sprint its a marathon and it’s true, it’s not a get rich quick scheme it’s about turning a steady profit over time.

What drives me crazy is people going by how great there win percentage is.  The required percentage to break even is 52.38% with average -110 juice.  Everyone says that 60% is what they want to hit and many bettors use winning percentage to sell plays and make it look like they are winning long term.  Reality is you don’t have to have a high winning percentage when betting money line sports (baseball, hockey) to win long term.  In spread sports (football, basketball) percentage does matter though.  There is far more risk to me long term betting over -150 money line favorites. If bettors are betting over -150 money line favs day in and day out, successful bettors know that is a losing strategy.  You want to get the most out of any wager you make and long term betting huge favorites will end up poorly.  Here’s a chart to understand what I’m talking about:

Moneyline
Loss
Win %
Required
-320 -320 100 76.19%
-300 -300 100 75.00%
-280 -280 100 73.68%
-270 -270 100 72.97%
-260 -260 100 72.22%
-250 -250 100 71.43%
-240 -240 100 70.59%
-230 -230 100 69.70%
-220 -220 100 68.75%
-210 -210 100 67.74%
-200 -200 100 66.67%
-180 -180 100 64.29%
-170 -170 100 62.96%
-160 -160 100 61.54%
-150 -150 100 60.00%
-140 -140 100 58.33%
-130 -130 100 56.52%
-120 -120 100 54.55%
-110 -110 100 52.38%
-105 -105 100 51.22%
-100 -100 100 50.00%
105 -100 105 48.78%
110 -100 110 47.62%
120 -100 120 45.45%
130 -100 130 43.48%
140 -100 140 41.67%
150 -100 150 40.00%
160 -100 160 38.46%
170 -100 170 37.04%
180 -100 180 35.71%
200 -100 200 33.33%
210 -100 210 32.26%
220 -100 220 31.25%
230 -100 230 30.30%
240 -100 240 29.41%
250 -100 250 28.57%
260 -100 260 27.78%
270 -100 270 27.03%
280 -100 280 26.32%
290 -100 290 25.64%
300 -100 300 25.00%

 

 

 

To calculate long term ROI – (Profit/How much Invested)*100 = ROI %

I believe this is the best way to determine your overall betting efficiency.  If you can gain small profits with less risk ie. underdogs then it speaks wonders on how you are as a capper long term.  Everyone is in this business to succeed, but only a small percentage do.  With keeping an update ROI each day you will see how far your dollar goes long term.  It also practices smart bankroll management and we can’t stress that enough on here.

Turn your sports betting as a hobby into a long term investment with simple math and enjoy your gains!