ROI – What is it? Why is it important in Sportsbetting?
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 [...]