Most people who get involved in sports betting are already fans of various sports and teams. Being a fan is almost required to engage in sports betting. However, math is a central key for betting. Sports betting and the math behind it can be complicated, but there are some keys that can help people improve. Sports betting requires a 52.4% record for the bettor to break even. Professional sports bettors usually try to earn a record of at least 53% to sustain themselves. A 55% win percentage is usually considered good for a bettor.

Key Takeaways:

  • Most people who place bets on sports are fans of the sports and have experience with the sports.
  • A minus sign before the odds means that the team is favored to win, and a plus sign before the odds means that the team is an underdog.
  • The over or under refers to how many total points someone placing the bet believes will be scored in the game.

“The math behind placing a winning bet is fairly complicated, but the way to stay ahead of the bookmaker is rather straightforward. If you collect on 52.4% of your bets, you’ll break even. We’ll have more details on that number later, including why it takes more than 50% wins to break even, but first some general knowledge about sports gambling and the numbers behind it.”

Read more: https://www.thesportsgeek.com/sports-betting/math/

Related Posts