You’ve probably seen sports betting formulas floating around the Internet—usually in the form of complicated mathematical equations. You might even have tried to use one of these formula-based sports betting systems, and perhaps even lost a couple of bucks because they don’t add up!
While it’s true that creating a winning formula is much easier said than done (and a whole lot more difficult than most people think), it’s also completely possible. In fact, it’s possible to create a sports betting formula that’s so precise and effective, it can beat the odds set by the bookmakers all day long. And what’s more, you can do this without relying on any kind of pre-determined results. So before we get started, here are a few things you should know.
The Differences In Odds
One of the first things you need to understand about creating a winning sports betting formula is the concept of odds and how they differ. To put it simply, the odds are the amount of money you will win (or lose) on a given wager. For example, if you wager $100 on a given sports event and the odds are 80 to 1 that the team you support will win, then you will win $80 on that wager.
Most people, when confronted with the concept of odds, think in terms of a percentage, which is actually what they are. So 80% of the time you wager on a team, you’ll win $80, and the other 20% of the time you wager on a team, you’ll lose $80. That’s how most people think. However, that’s not how odds work at all. To give you some idea of how they work, let’s take a look at an example.
Example Of How Odds Work
Let’s say you’re building a sports betting formula and you wager $100 on the New York Giants to win the Super Bowl. Now, let’s say the odds of the Giants winning the Super Bowl are 2 to 1. That means you’ll win $200 or lose $100 on that wager. So instead of thinking in terms of winning or losing $100, you’re actually wagering on the Giants to win the Super Bowl and coming out ahead by $100 (200 – 100 = $100).
It’s important to note that while most people think in terms of percentages when it comes to odds, that’s not necessarily the case. Just because the odds are 85% that a team will win, it doesn’t mean you’ll necessarily profit 85% of the time you wager on that team. It just means you’ll win or lose roughly $85 on average.
How Effective Are Sports Betting Formulas?
Now, you might be wondering how effective are sports betting formulas, and the answer is quite simply: they’re extremely effective! So effective, in fact, that it doesn’t matter if you use a formula or if you just use your best judgment when making bets, you’ll still come out ahead (on average).
To put it another way, there are very few situations where using a sports betting formula won’t produce a positive result. The truth is, while it’s extremely rare for a sports betting formula to produce a losing result, it’s also extremely rare for one to produce a winning result. In fact, aside from the example we just looked at, it’s hard to find a situation where using a sports betting formula would lose you money. So, in general, you’ll be better off using a formula.
Why Do People Play Around With Odds?
As we mentioned above, aside from the fact that using a sports betting formula is far easier than trying to determine which teams will win using your best judgment, most people play around with odds because they don’t want to rely on pre-determined results. So, in other words, they don’t want to be punished for thinking the wrong team will win.
To avoid any punitives, people will often wager on teams with worse odds (i.e., they want to minimize their chances of losing). So, for example, someone might wager on the Cleveland Browns (1 to 5 odds) because they don’t want to risk getting punked by saying the wrong team will win. Or perhaps they think the Baltimore Ravens are due for a loss and they want to get in on that action before the formula says it’s okay to bet against the Ravens.
You can also use this same logic when choosing which teams to bet on. So, for example, let’s say you notice the Atlanta Falcons are playing the New Orleans Saints this coming Sunday. The NFL betting lines for this game have Atlanta as a 14.5 (-140) point favorites. So, using your best judgment, you decide the Falcons are a good team and you want to back them. However, if you looked at the odds, you would see Atlanta has a 100 to 1 odds of winning, which is the exact opposite of your desired result. So in that case, you would want to avoid betting on the Falcons because you don’t want to ruin your chances of winning if they happen to lose.
How Do You Build A Winning Sports Betting Formula?
So let’s get down to business and talk about how you put together a winning baseball betting formula.
First off, you need a way to evaluate teams. We’ll talk about this in more detail below, but for now, just remember this: you need to find the characteristics that make up the sum of the team’s personality and its ability. For example, if you have an affinity for aggressive and talented baseball players, you can use this as a key indicator in your formula, since these are the kinds of players you’ll normally end up backing. Or if you’re looking for a low-stress wagering experience, you could use the team’s history of success as a key indicator. These are just a few examples of how you can use a team’s qualities in combination to create an effective sports betting formula.
Once you’ve got the basics taken care of, it’s time to start putting together the formula. To do this, you need to look at each game individually and try to figure out which teams are the most effective at winning. To start off, you’ll need to look at the spread, which is the amount of money (usually in the form of points) you’ll need to wager to make sure you win. In general, the less you wager, the better you’ll do. This is called odds reduction. So, for example, if you’ve got ten points to wager on a game, but you think the total amount of points scored will be higher than the amount of points you’ve got to wager, you could reduce your wagering amount to five points or less. This is how you’d normally want to wager.
In general, you want to avoid going over odds reduction limits, because then you’ll start getting charged exorbitant fees. And it’s important to keep in mind that the more points you wager on a game, the more you’ll reduce your odds of winning. So if you’ve got a grand total of twenty points to wager on a game and you think the total amount of points scored will be higher than twenty, you could reduce your wagering amount to ten points or less. This would still be beneficial, because it would reduce your odds of winning. However, if you’re going to lose money, it’s best to just leave it on the table.
Now that you’ve got the basics down, it’s time to get into the nitty-gritty of putting together a winning formula. Below we’ll discuss one of the most popular and effective methods for creating a winning formula: the over/under method. Just remember: this is one of the simpler methods and it can be extremely effective when used properly. For more information on this method, check out this detailed step-by-step guide to using the over/under method for predicting the winner of major sporting events.
Using the Over/Under Method To Create A Winning Formula
One of the simplest and yet most effective ways of creating a winning baseball betting formula is via the over/under method. If you’ve never heard of this method before, don’t worry—you’re about to learn all there is to know about it. Using this method, you won’t need to rely on any outside sources to tell you which teams will win, and you’ll be able to construct a perfectly sound and effective formula.