| If I have said it once, I probably have said it million times, | | | | the risk to reward ratio! |
| don't bet on low odd games! | | | | You stake $1000 that's what's being risked, and you |
| They are simply not worth it, and in the long run, you | | | | get back a profit of $120 that's your reward! So what |
| will loose more than you will win! This weekend, proved | | | | is it, something close to 10:1? So you would have to be |
| exactly my point, but for those of you who are not | | | | correct 10 out of 11 times just to break even! That's |
| familiar what I have in mind I will go in details. | | | | about 90% of the time and let me tell you, if you can |
| If you have went over my Betting School, you are | | | | get your predictions up to 90% month after month you |
| probably familiar with the term, Draw down! If you | | | | would be the greatest sports bettor the history has |
| haven't it's no biggie, I will explain it right now! | | | | known! |
| Say you have $10 and you loose half of it, now you | | | | What happens if you are actually 90% correct of the |
| would have $5 and you would have lost 50% of your | | | | time, but you are wrong from the start? Sports betting |
| initial start! Now, what percent you would have win to | | | | is not about how many times you can win, it's about |
| break even and get to your original $10? | | | | how many time you can loose, and keep on playing |
| Nope, it's not 50%, it's 100%, you would have to make | | | | and staying with a positive balance! |
| up an additional $5 which is 100% of the $5 you | | | | Now let's take a game with the odds of 4.00! Say you |
| already have! This is called Drawdown, and the bigger | | | | still had those $1000 and you wanted to make as |
| percentage of your money you risk and loose, the | | | | much profit as from that 1.12 game! To do that you |
| bigger the Drawdown! | | | | would only had to stake $40 which is 4% of your initial |
| Just to make it a little more clear here are the | | | | amount! The risk-reward ratio is 1:4 so you would have |
| percentages lost of your initial start, and the | | | | to be correct 25% of the time to break even! This also |
| percentages you would have to make up just to | | | | allows you to be wrong 25 times in a row, before you |
| break even: | | | | loose all of your money! |
| 10% loss -> 11% profit to break even | | | | Compared to the betting on low odds strategy, that |
| 20% loss -> 25% profit to break even | | | | allowed to be wrong only once and preferably after 10 |
| 50% loss -> 100% profit to break even | | | | consecutive wins, it's huge! Of course with higher odds, |
| 80% loss -> 400% profit to break even | | | | you will loose more times, but this doesn't matter! What |
| 90% loss -> 900% profit to break even | | | | matters is that you keep on making profit as long as |
| I hope you get the picture now! So why did you have | | | | you keep being correct 25% of the time! That's a lot |
| to know this? Because when you are betting on | | | | better than 90% don't you think? |
| games with odds with 1.12, 1.18, 1.25 you would have to | | | | Hopefully you will find this article helpful, and will pass it |
| stake a great amount of money, to actually make a | | | | on, to people who have the misconception that a lot of |
| valuable profit. A $1000 bet on a game with 1.12 odds | | | | money staked on a low odd game, is the ultimate way |
| would result in a profit of $120! Great, now calculate | | | | to beat the system! |