To succeed in sports betting, it is crucial to understand the concept of ROI. To make money in the long term, you need to bet on bets that have a high ROI.
But what is ROI? It is simply the ratio between the amount you bet and the amount you won. To calculate ROI, you divide your winnings by your losses. If you bet $100 and won $150, your ROI would be 0.5 (0.5 x 100 = 50).
There are a number of factors to consider when trying to maximise your sports betting ROI. The first is to find a reputable and reliable bookmaker that offers good odds on the sport you are betting on. You will also need to develop a betting strategy and stick to it. Finally, you need to be disciplined in your betting and only bet what you can afford to lose. By following these tips, you will have a better chance of maximising your return on investment in sports betting.
It's not easy to know whether your sports betting is profitable or not. The best way to find out is to monitor your ROI (return on investment). This will let you know how much money you've won or lost on average per bet.
To calculate your ROI, you first need to work out the total amount you've invested in your bets. This includes all the fees (commissions, odds, etc.) you paid. Next, you need to calculate the total amount you earned on your bets. This can be done by dividing the total amount you invested by the total amount you won.
Rank | Specificity | Discover |
---|---|---|
1 | It's not just a sports betting site, but a truly international bookmaker with a wide range of betting options and excellent odds. | Go |
2 | New international operator accepting all players without VPN with a wide choice of bets and good odds + regular cashback. | Go |
3 | Cryptocurrency-only site that accepts everyone without KYC. Secure site since 2003, complete and competitive. | Go |
4 | Why not try the services of a sports betting broker? It gives you access to the best live betting as well as professional services. | Go |