(Jul 31, 2019 10:18 AM)extortion Wrote: @duepi @johnbarr would like some answers to this please / more insight as I'm interested in buying and not really sure what he means
I can provide you a little bit of general knowledge, and then I'll touch up on the post below you and what it quoted...
All games have betting lines that are determined by the book, and they go up or down based on multiple factors like where people are throwing money (so they hedge their games and profit regardless ideally), news like someone getting hurt, etc.
Theres many ways to view odds:
American: +/-100 is even odds. you bet $100, you win $100
+XXX indicates an underdog, -XXX is the favorite
Decimal: even odds are 2.0
Above 2 is the dog to win, based on whatever the odds are by your book, under 2 is whatever.
Fractions and Probability to win are others. Anyways all have a percentage. Let me take his first bet of Celtic FC at 1.22 odds for example.
That is equivalent to -455 American and means that the book has deemed this bet 82% likely you're going to win it. In short. You need to bet $455 to win $100 (return is $555, $100profit)
If you make this bet 5 times.
They're suggesting you're going to win it 4 times out of 5 bets. If you make this bet 5x, and win 4, you're losing $55. But they're suggesting its likely to happen so people jump on that like "woo free money" but lack realization that return is extremely minimal.
At the end of the day, "a win is a win" but when you're talking about gambling, its whether you're profitable. Betting at such ridiculous odds you're probably just losing money.
My average soccer bet is +150 right now which suggests 40%chance to win. But I'm profitable on the bets with a higher return than the chump change on low odds. Anyways best of luck, the W% doesnt mean profit.
(Jul 31, 2019 10:28 AM)Zeus Wrote: Why get jealous with competitors,
concentrate on your own sales and business.
Good luck with sales might be interested in future deupi
Anyways, theres no real jealousy to be had. His post isnt really constructive though which could be read into as sales trashing. However, let me get into my point. This is a common marketing tactic used by bettors to lure people in by advertising their Win Ratio/Percentage and nothing else. What you must learn is that W% doesnt equate to profitability. You can win 80% of games and lose money due to the value/odds per bet. So anyways not to say this service is trash, but ideally you want to know what the overall yield or return on investment is. How many units up is the bettor on how many games.
He does have spreadsheets that show his "profit" but as this comment suggests -- despite being a competitor -- it's extremely easy to skip putting the games I lost on it... theres online betting databases that you can track, and not edit, your picks like blogabet. You can view mine:
https://barr.blogabet.com/
Here you get all the info. my win percentages. Yield. Units up. Average odds on my games. It's more impressive to see these numbers than simply "82% WR" on trash odds with an excel sheet.