What Does Spread Mean In Sports Betting latest 2023

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

If you have been involved in sports betting for several years or are just starting out, I am sure you have seen companies advertising their selection services in your local newspaper, online or even on TV. Many of these adverts offer guaranteed games or claim win 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, Nobody wins 80% – 90% of their games.

Does that mean you can’t make money from sports betting? The short answer is no, it is quite possible to make substantial profits from sports betting, but you have to be realistic. If you have the right discipline, manage your bankroll, and follow a winning sports betting system, creating substantial passive income through sports betting can be a reality. Knowing the magic # is key.

So what is the magic #? The answer is 52.4%. If we are using the most popular sports for betting like NFL and NBA, a normal bet would be to bet against the spread with odds of 11/10, which means you would have to bet $110 to get $100 back. This means that you would only have to win 52.4% of your bets to break even. While hitting over 80% long-term winners is next to impossible, the good news is that anything over 52.4% will be profitable. Although earning 55% may not sound so exciting, you can get really substantial returns every month.

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

Win rate 55%

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

# Win 33

# Losses 27

Minus 10% Vig* 2.7

Total wins: 3.3

*Vig is the % that online sportsbooks keep to accept your bets. Usually 10%

What does that mean? Well, with those numbers, a $100 bettor would earn $330 after the month and a $1000 bettor would earn $3300. Not bad for a few minutes of work each day, but let’s take a look at what that means in ROI (return on investment) percentage.

What I personally use and recommend is that if you are going to bet flat or make the same bet size on every game, you should use no more than 5% of your total bankroll. So if you have a total of $1,000, you should bet $50 per game. Sticking to the same numbers as in the example above of +3.3 plays, that would actually represent a gain of $165 and a 16.5% return on your money in just 1 month. Aggravating that over a full 12 months, that translates to over 600% return on your money. I don’t know about you, but these are amazing returns. Compare this to other investments like the stock market or banking and you can clearly see that sports betting is a viable option, even using a conservative example. Now imagine a 56% or even 60% win rate.

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