Online Betting – Sports Betting Sites

When betting on sports, what is the return on the investment (ROI) on the bets on a yearly basis? In here we are going to try to shed some light on calculating how much one can expect from winning at various rates on a yearly basis.

The money used to place the bet is what is referred to as the “investment”. The ROI will be the profit that is made when winning the bet after subtracting all expenses that were associated with placing the bet. A good comparison can be made by comparing sports betting to the stock market. The returns on playing the stock market game hovers around 10% on a yearly basis and has been at this rate for the last seventy five years.

When betting on sports the percentages change to your favor considerably, calculating yearly ROI on all the bets made is simple and is done by taking the profits from winning and subtracting the money lost. Then the outcome is divided by the total money invested in the bets. Let’s assume for the sake of argument there is a 100% win rate in a year. That would turn into a ROI of 90% compared to the 10% of the stock market. It is obvious where the potential lies on getting the best ROI.

To take a more down to earth approach to calculating ROI on sports betting; realistic win rates are most likely to be in the 50-60% ranges. In order to break even on a bet you need a 52% win rate. At that point the ROI is zero but no money is lost either so anything above this percentage means a profitable ROI.

One might say that the realistic figures look less profitable than the ones we displayed for the stock market.
This is where time comes into play. As the 10% from the stock market is a yearly figure one can also say 5% per six months. Every sports fan knows that the average season for any sport is about six months instead of a year so we only need 5% to do as well as the stock market by comparison. In short, to match ROI from the stock market one needs a win rate of around 55%. Anything above that outperforms the stock market ROI.

In case a win rate of 57% is reached, which is quite a common ROI, profits would be double compared to what one would have made on the stock market. Not a bad result at all.
The watchful eye should by now have detected a pattern here. This pattern is as follows: Every 1% increase on the win rate generates an increase of 1.9% in Returns on Investment. This is helpful as using this formula for calculating ROI makes doing so very simple.

Hopefully, this small explanation on ROI has contributed in shedding some light on how to calculate the ROI when placing sports bets.

M.A.H.

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A number of online sports betting resources have made the games much easier. Players can access an all in one console from any remote location and place bets on sporting events. The usual aspects one looks at before using one of those facilities are the games they offer, reliability of the systems they use, reputation and fairness. The internet is full of reviews from experienced players, who have commented on the various services of different sports betting websites. Going through them is advisable for players looking for new sports betting sites.

The Greek is one of the leading online gaming resources. The resource offers a wide variety of sports including baseball, hockey, soccer, horse-riding, golf, tennis and more. An increasing number of players seem to be filling in The Greek’s users-lists and that is due to the wide variety of games that are offered. Free entries, great offers for certain sports leagues are some of the attractions at The Greek.

Diamond Sports International has been amongst the most reputed sports betting resources since 1998. Customers have expressed immense satisfaction for the services, fairness and reputation of the resource and it has earned a good reputation. This is a premium category website and is definitely worthy for anyone looking for one. A great range of sports, perhaps the best, is offered for a variety of players at Diamond Sports International. The internet also hosts a number of reliable resources for information on operations at this site and most of them come from experienced bettors.

M.A.H.

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