3/4/2023 0 Comments Betting percentagesWinning Performance can be a significant performance metric only when it is associated with the average betting odds. Both are very important long-term profitability indicators in sports betting. Remember that sports betting ROI indicates the return efficiency in relation to the initial bankroll, whereas Yield reveals the average return per bet. It’s time to wrap up this beginner's guide. Average odds: 00 – WPCT to Break Even: 20%Ĭalculating the WPCT can be useful for fine-tuning your betting system, but first, you'll have to learn how to convert odds to probabilities or use a winning percentage calculator.Average odds: 00 – WPCT to Break Even: 33.3%.Average odds: 00 – WPCT to Break Even: 50%.Average odds: 50 – WPCT to Break Even: 66.7%.Average odds: 20 – WPCT to Break Even: 83.3%. Here are a few examples you can use as guidance given that you’re using the simple yet incredibly efficient money management plan known as the flat staking method: The lower the average backed odds are, the bigger the Winning Percentage must be for a punter to break even. Your Winning Percentage is: 75 / 250 X 100 = 2.66% Winning Percentage Calculation Example #2: You won 20 out of 750 bets made. Your Winning Percentage is: 75 / 250 X 100 = 30% Winning Percentage Calculation Example #1: You won 75 out of 250 bets made. Sports Betting Winning Percentage Formula: (Bets Won / Bets Placed) X 100 How to Calculate Winning Percentage in Sports BettingĮven though the Winning Percentage (WPCT) itself has no connection with the profitability of a tipster or with the quality of the predictions he is delivering, many punters are lured by the high hit rates shown on some betting tips sites. This is our favourite bookmaker for mobile betting Feel free to assess sports betting profitability ratios the way you prefer. There’s no right or wrong way to conduct investment calculations. As a general rule, anything over 5% Yield from a sample of +1000 bets is rated as excellent in the sports betting realm. The more you wager, the harder it is to keep a high Yield. It all depends on the number of bets used for the sample. What is considered a good Yield in sports betting? Now you know how to calculate ROI and Yield in betting. Yield Calculation Example #2: We start from the premise that your initial bankroll was composed of 100 units, and you have a deficit of 10 units after staking a total of 500 units during the first year. Thus, this calculation is based on the sum of all stakes to determine betting efficiency. Yield in sports betting is a profit to loss ratio that takes the turnover into account, and not the starting bankroll (as ROI does). What’s the best welcome bonus in online betting? Find out now! In fact, many professional punters believe that determining the yield percentage is the most accurate way to analyse the success of a given betting system or a social media tipster. However, ROI is not the only useful performance indicator when betting on sports. That’s how easy it is to calculate return on investment in horse racing, football betting, NBA betting and whatnot. ROI Calculation Example #2: We start from the premise that your initial bankroll was composed of 100 units, and you lost 10 units during the first year. ROI Calculation Example #1: Let’s presume you started with a bankroll of 100 units and made a profit of 20 units during the first six months. Sports Betting ROI Formula: (Net Profit / Starting Bankroll) X 100
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