Sports Bets | Do You Know The Magic Number To Win At Sports Betting?

To a lot of you, using the word investments or investing in the same sentence as sports betting would be like comparing apples to oranges.At first glance they seem completely different, but when we take a closer look, sports betting may just be an alternative investment that you are looking for.

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 national newspaper, on line or even on TV.A lot of these ads are offering guaranteed games or claim winning rates of 80% and above.From my personal experience, if you see these types of ads you should run as fast as you can.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 income 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.You just need to know the magic number.

So what is the magic number? 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 bet $110 to win back $100.What this means is that you would only need to win 52.4% of your bets to actually break even.Since hitting 80% or more winners is virtually impossible, the best part 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 two games each day for this example.Here is what the results would look like after a 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 how does this breakdown? A bettor who wagered $100 would have been up $330 for the month and for a $1,000 bettor that number would be $3,300.Not bad for just a few minutes of work per 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 placing an equal 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 pick.By sticking with the same numbers as the example above of +3.3 games this would actually be a profit of $165 and a return of 16.5% on your money in just one month.Compound that over a full year and you would be looking at over a 600% return on your money.I don’t know about you, but these are some substantial returns.Compare this to other investments like the market or the bank and you can clearly see that sports betting is a viable option even using this conservative example.Now imagine a 56percentage win rate or even 60percentage.

If you would like to learn more about how to be profitable at sports betting, then please grab a copy of my Free ebook : “Sports Investing Secrets – How to Turn $1,000 into $1,024,000 in Less Than 5 Years Betting on Sports” at my website