| For a sports betting system to be profitable it needs to | | | | handicappers picks is invaluable, as they provide a |
| have a winning percentage of 52.38% when betting on | | | | one-stop-shop where you can view picks, compare |
| the favourite, and 47.62% when betting on the | | | | results and make informed decisions. |
| underdog. These percentages are based on the | | | | The difference between a profitable sports betting |
| common odds of 11 to 10, or in other words, risk $11 to | | | | system and one which will send the bettor bankrupt, is |
| win $10. As the odds increase, the required winning | | | | only a few percentage points. So with that in mind, |
| percentage when betting on the favourite increases, | | | | how does one use this information in their own |
| and when betting on the underdog decreases. Read | | | | system? A key factor to consider when developing |
| on for details on how to use this valuable information in | | | | your sports betting system is tracking your results, |
| your own sports betting system. | | | | whether it be in a spreadsheet or on a notepad. You |
| One would think that achieving a winning percentage | | | | may find that your betting systems accuracy (or |
| greater than 52.38% is easily achievable. However, if | | | | winning percentage) increases significantly when you |
| you look at the results of sports handicappers, both | | | | identify certain inefficiencies or discrepancies when |
| professional and amateur, the reality is that achieving | | | | comparing bookmaker prices with your own handicap |
| this figure is more difficult than it first appears. One of | | | | model. By varying your wager amount in this instance |
| the challenges you will face if you try to view and | | | | you can profit from this scenario. The keys to turning |
| compare handicappers results is getting access to the | | | | your system into a winning system is dedication, |
| raw data. Handicappers picks can be scattered | | | | identifying what information is relevant, and continual |
| across many different mediums, from subscription | | | | tuning. By following these principles you can be a |
| emails, to forum posts, to secure websites requiring | | | | successful sports bettor. |
| login. This is where tools and services which aggregate | | | | |