Notes

Profitability in betting in the long run!


Profitability © kantat ROI is a business metric and is difficult to determine easily for a recreational gamer. However, professional sports bettors know that they should keep track of their stakes and winnings in order to keep track of profitability. Often used in the financial markets and by companies in the investment departments, the ROI is a tried and tested means of measuring the return on an investment, measured in terms of profit in relation to the capital invested.For sports betting, this means nothing more than looking in the long term at what percentage of profit you make per unit of money (units or euros) used. The value can be calculated either as a quotient between the profit and the total capital or between the turnover and the total capital. The results always differ by 100%. In general, an ROI of between 5% and 10% is desirable for sports betting and also realistic for football. A higher value can also be assumed for other sports due to the information asymmetry between the bookmaker and the bettor. Examples of this are Eastern European leagues in general, especially in basketball, football and ice hockey. 사설토토 (ITF tournaments) is also considered very lucrative if you do better research than the bookmakers!

An example calculation how to calculate the ROI:we made a total of €5,000 in bets in January and received €5,600 in returns thanks to a solid strategy. The ROI with sales would be calculated simply like this: using sales 5600/5000 = 1.12 = 112%! With the profit it would be 600/5000 and thus 0.12 = 12%. In the end you would have a return of 12 cents per euro and an ROI of 12% overall. If the strategy remains similarly successful, the stakes can also be increased through the profits. 사설토토 can be made in the next month and a higher total profit with a similar ROI. Banks and savings banks do not pay such "interest"! Sounds good at first. We will write more about this in the chapter on bankroll management. However, this calculation can also be applied to losses: at 5. €000 bet would give us €4,800 back in January (making us a €200 loss over the whole month on all our bets). If you calculate 4800/5000 = 0.96 = 96% or -200/5000 = -0.04, then a ROI of -4% can be determined. When something like this happens in the long run, betting strategy and bet selection should be reconsidered!
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