Calculating Rate of Return in Sports Betting

People dealing with any kind of investments are always worried about the rate of return

. Similarly the people who are involved in sports betting are busy calculating rate of return in sports betting. If we take the term rate of return in a simple way it is the percentage that shows bettors what return they will get on the money they invest in any kind of investing program. The rate of return is very helpful in sports betting and so I am engrossing some valuable information in this article. To know more about the rates of return and much more about sports betting you better visit the blog http://sportsbettingstratergy.blogspot.com/.

Rate of return in sports betting

Investing in the sport betting is just waging the money in a bet. For example if you endow $100 in sports betting with the intention of winning $90, then the amount $100 is your investment. Now what we call the return is the net money you win or lose in the investment.

How to calculate the rate of return in sports betting

To calculating the rate of return you have to break the amount of investment down to a percentage. Take your net earnings and divide them by the amount you invested, this will give you the exact value of your return. Let us take the above mentioned example where the investment is $100 to win $90. The rate of return in this case is $90/$100=90%. I know this is an incredible return but it is not realistic to expect this much. If you are seriously involved into sports betting you must turn up with more practical and pragmatic rate of return over a different bets.

Practical Rate of Return

As you will get into the sports betting, you will learn about the realistic rates of return on your bets. It is the experience that matters in the end. The expert and experienced sports bettors can succeed about 60% of his bets, which is actually commendable. However they can't deny the fact that the house usually fish out only 10% of the invested amount.

In this case where we are not going to win 100% it is a bit difficult to calculate the rate of return. To calculate rate of return on sports betting here let's take the winning possibility of 60%. After 10 bets the amount won will be $1000X60%= $600 and the amount lost will be $1100X40%=$440. So the net profit is $160, which is not bad at all.

Now making it more explicable, the amount you risked was $1,100 and the amount you got back is $160, the final formula looks like $160/$1,100 which make the calculation 14.55%, and this is an excellent return indeed.

Annual rate of return in sport betting

The long term sports bettors usually like to find out the rate of return for the complete year. To get the annual rate of return you can sum-up all the bets and all your gains over the year, and then calculate in the same way.

Calculating Rate of Return in Sports Betting

By: Prakash Patodia

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