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Instead of calculating the win percentage, you should use our odds calculator to determine the chances you have when betting on them. Embed Share via. Number of games. Winning percentage. Advanced mode. Check out 9 similar percentage calculators. Percent off. Percent error. Convert fraction to percentage. Table of contents: Win percentage formula How to calculate winning percentage with ties? Should you bet on this team?

Win percentage formula Calculating the winning percentage is equivalent to estimating a proportion of wins in total number of games. How to calculate winning percentage with ties? I know that might be a bit heavy for some people from a statistical explanation point I find this to be little light on details and proof. PJ is simply using the normal approximation to the binomial distribution. You can find the relevant formula in any introductory textbook on probability. All you guys got it wrong.

Stats can be skewed any way you want them to look so just look at the black and white. All that matters is performance, right? In sports betting all one needs is a There are certainly better picks than others. What it comes down to is endurance and stamina keeping away from the distractions of Las Vegas. Simply put, your 1 trillion to one statements are raw math not taking into account of intelligence and everchanging information which ultimately contributes to the outcome of each pick.

Mathematically, however, it is not impossible. From a probability standpoint, every individual combination of wins and losses is equally likely to occur even in random results. Thus, flipping a coin you are equally likely to have heads come up times in a row as you are to0 have heads and tails alternate perfectly for the entire flips, or to get any other predicted combination of heads and tails. Of course the odds against any particularly combination appearing at random are immense 2 multiplied by itself times Try it on your calculator and see how far you get before your calculator goes on tilt.

The reason is that only one result will satisfy the requirement of any set combination. There are thousands of combinations that will provide wins and losses. Then divide the first number by the second number. But there is yeat another fly in the soup. A result of wins and losses will do. In fact, any result that provides more than wins and even a few results sli8ghtly less than wins will do.

That means we can add hundreds of thousands of possible combinations in the games that will get him to where he needs to be. Thus, the question, is: How did you calculate any of the probabilities you provide in the article? Do you have some formula that does it for you?

A computer program perhaps? A little transparency is necessary if you want to credibly prove something scientifically or mathematically. Without transparency, you are simply spouting propaganda and become as bad as muck you claim to be raking. Not every team is equally likely to cover the spread. Much has to do with the ability of the line maker to be accurate,in predicting the game, and the line maker is not trying to pick the game accurately — he is trying to even out public sentiment, which is quite a different matter.

Then the public comes in and moves the line further to correct for the errors of the line maker in predicting sentiment. It is those errors in the line as a game predictor that account for the fact that year in and year out the Vegas casinos fail to hold their full 4.

If we assume that a win is more likely that a loss, the odds against a final result providing between and wins in diminish further. Finally, you are engaging in circular reasoning. In other words, you are providing a self-fulfilling prophesy. What sport are using for the results? How good is the line maker?

How much has the line been skewed by public? What is the probability that any game will cover the given spread against any other team. It is like telling me that a golfer who averages strokes for 9 holes is unlikely to hit a hole in one. There are many things that cannot be proven mathematically.

Would like to talk about your college football records. If interested I can be emailed at tommydin gmail. If you really had that ability, you could move to Las Vegas, place your bets at the sports books, and win millions of dollars each year.

These guys are deadon!!! Sure, there may be an occasional, very,very rare exception, but just what are those odds??? Your article sort if glosses over your math and how you ran your regression. I know that might be a bit heavy for some people from a statistical explanation point I find this to be little light on details and proof. PJ is simply using the normal approximation to the binomial distribution.

You can find the relevant formula in any introductory textbook on probability. All you guys got it wrong. Stats can be skewed any way you want them to look so just look at the black and white. All that matters is performance, right? In sports betting all one needs is a There are certainly better picks than others.

What it comes down to is endurance and stamina keeping away from the distractions of Las Vegas. Simply put, your 1 trillion to one statements are raw math not taking into account of intelligence and everchanging information which ultimately contributes to the outcome of each pick. Mathematically, however, it is not impossible. From a probability standpoint, every individual combination of wins and losses is equally likely to occur even in random results.

Thus, flipping a coin you are equally likely to have heads come up times in a row as you are to0 have heads and tails alternate perfectly for the entire flips, or to get any other predicted combination of heads and tails. Of course the odds against any particularly combination appearing at random are immense 2 multiplied by itself times Try it on your calculator and see how far you get before your calculator goes on tilt.

The reason is that only one result will satisfy the requirement of any set combination. There are thousands of combinations that will provide wins and losses. Then divide the first number by the second number. But there is yeat another fly in the soup. A result of wins and losses will do. In fact, any result that provides more than wins and even a few results sli8ghtly less than wins will do. That means we can add hundreds of thousands of possible combinations in the games that will get him to where he needs to be.

Thus, the question, is: How did you calculate any of the probabilities you provide in the article? Do you have some formula that does it for you? A computer program perhaps? A little transparency is necessary if you want to credibly prove something scientifically or mathematically. Without transparency, you are simply spouting propaganda and become as bad as muck you claim to be raking. Not every team is equally likely to cover the spread. Much has to do with the ability of the line maker to be accurate,in predicting the game, and the line maker is not trying to pick the game accurately — he is trying to even out public sentiment, which is quite a different matter.

Then the public comes in and moves the line further to correct for the errors of the line maker in predicting sentiment. It is those errors in the line as a game predictor that account for the fact that year in and year out the Vegas casinos fail to hold their full 4.

If we assume that a win is more likely that a loss, the odds against a final result providing between and wins in diminish further. Finally, you are engaging in circular reasoning. In other words, you are providing a self-fulfilling prophesy. We make it simple to follow plays and try to be as transparent as possible with our results. We never change the bet amount, which allows members to compare apples to apples when evaluating our results across seasons and betting systems, many of which go back to To calculate your earnings, simply multiply your standard wager by the units won.

At Sports Insights, we recommend using a standard bet amount for all of your plays. Whatever percentage you choose, keep it consistent throughout the season. This will allow you to spread out your risk and ride the highs and lows of the sports betting marketplace to turn a profit. If you are enjoying a good season early on, be careful about increasing your bet amount.

If this is the case, we recommend only altering it once at around mid-season, and keeping it the same percentage of your new bankroll. Betting Units Won is abused by handicappers so much that is has little or no worth on most handicapping sites. Some bettors use a strategy that is referred to as the Wal-Mart approach. With this strategy, bettors are hoping to grind out a profit through a higher quantity of plays, which allows bettors to spread around their risk in the sports betting marketplace.

In the table above, Pinnacle has a lower winning percentage than Phoenix, but it also has a higher profit for the season due to triggering more than double the number of plays. Spreading risk around allows bettors to ride the highs and lows of the season and still turn a profit. This approach requires bettors to be steadfast with their betting amounts. For more information, read Betting Unit Size. Fluctuations in your standard bet will most likely cause more damage during the lows than it will help during the highs.

Would like to talk about your college football records. If interested I can be emailed at tommydin gmail. If you really had that ability, you could move to Las Vegas, place your bets at the sports books, and win millions of dollars each year. These guys are deadon!!! Sure, there may be an occasional, very,very rare exception, but just what are those odds??? Your article sort if glosses over your math and how you ran your regression.

I know that might be a bit heavy for some people from a statistical explanation point I find this to be little light on details and proof. PJ is simply using the normal approximation to the binomial distribution. You can find the relevant formula in any introductory textbook on probability. All you guys got it wrong.

Stats can be skewed any way you want them to look so just look at the black and white. All that matters is performance, right? In sports betting all one needs is a There are certainly better picks than others. What it comes down to is endurance and stamina keeping away from the distractions of Las Vegas.

Simply put, your 1 trillion to one statements are raw math not taking into account of intelligence and everchanging information which ultimately contributes to the outcome of each pick. Mathematically, however, it is not impossible. From a probability standpoint, every individual combination of wins and losses is equally likely to occur even in random results.

Thus, flipping a coin you are equally likely to have heads come up times in a row as you are to0 have heads and tails alternate perfectly for the entire flips, or to get any other predicted combination of heads and tails. Of course the odds against any particularly combination appearing at random are immense 2 multiplied by itself times Try it on your calculator and see how far you get before your calculator goes on tilt. The reason is that only one result will satisfy the requirement of any set combination.

There are thousands of combinations that will provide wins and losses. Then divide the first number by the second number. But there is yeat another fly in the soup. A result of wins and losses will do. In fact, any result that provides more than wins and even a few results sli8ghtly less than wins will do. That means we can add hundreds of thousands of possible combinations in the games that will get him to where he needs to be.

Thus, the question, is: How did you calculate any of the probabilities you provide in the article? Do you have some formula that does it for you? A computer program perhaps? A little transparency is necessary if you want to credibly prove something scientifically or mathematically.

Without transparency, you are simply spouting propaganda and become as bad as muck you claim to be raking. Not every team is equally likely to cover the spread. Much has to do with the ability of the line maker to be accurate,in predicting the game, and the line maker is not trying to pick the game accurately — he is trying to even out public sentiment, which is quite a different matter.

Then the public comes in and moves the line further to correct for the errors of the line maker in predicting sentiment. It is those errors in the line as a game predictor that account for the fact that year in and year out the Vegas casinos fail to hold their full 4.

If we assume that a win is more likely that a loss, the odds against a final result providing between and wins in diminish further. Finally, you are engaging in circular reasoning. In other words, you are providing a self-fulfilling prophesy.

With this strategy, bettors are hoping to grind out a profit through a higher quantity of plays, which allows bettors to spread around their risk in the sports betting marketplace. In the table above, Pinnacle has a lower winning percentage than Phoenix, but it also has a higher profit for the season due to triggering more than double the number of plays. Spreading risk around allows bettors to ride the highs and lows of the season and still turn a profit. This approach requires bettors to be steadfast with their betting amounts.

For more information, read Betting Unit Size. Fluctuations in your standard bet will most likely cause more damage during the lows than it will help during the highs. Spreading the risk around in the sports betting marketplace is similar to building a diverse portfolio in the stock market. It lessens the damage done by a rough stretch in the market.

Many bettors like to stay away from moneyline-based sports, such as baseball and hockey, due to the extremes in winning percentages, but they can be very profitable. Betting on the underdog in moneyline sports will likely give you a losing record, but the payouts for winners will be so much higher that your profits will increase. Notice that five out the six books have losing records for the triggered plays, but that all six have significant units won due to underdog payouts.

The other side of the coin is betting on favorites, which will give you a strong winning percentage, but can still produce a loss in money. Betting on teams like the Yankees or Red Wings will consistently put your odds in the s or higher. For example, if you wager on the Yankees every game of the season games and they average odds for the season, you would need them to win games just to break even.

To turn any substantial profit you would need them to break the single-season win record So put that knowledge to use pronto and strike while the iron is hot!

If this would be so easy, then sports analysts would be the best bettors in the world. Maybe they would be good if they were looking at it from a sports-fan perspective. Sports betting is a market and, if you want to make a winning, you have to beat someone.

One of the most important things that most bettors fail to understand are the odds, finding value, and, of course, realistic expectations. Odds are nothing else but probabilities turned into numbers. Those odds basically represent prices that we pay when we bet. In order to win, you must somehow figure out what is the lucrative price and what is the bad one.

We can be lucky in ten games but, in the long run, we must find a way to estimate those numbers. Finding the winner is quite easy. In most cases, a team that is a prohibitive odds-on favourite is going to win the match. Finding out which team has the better chance to win the game is not that hard. But what are those chances?

Only a genius can estimate those numbers in their head by reading the news. It must be some formula or some statistical method that will continuously give you clear pictures of games. And only then can you combine this statistical evidence with other information to make final bets. Whatever the case may be, statistics are the heart of any sports betting. All online betting sites use statistics. Do you think that they just read news and come up with odds based on their current hunches?

Every successful business use statistics, and bookmakers are not an exception to this rule. View All Authors. David is a soccer fan and writer who has spent the last decade sharing his opinion and spreading news about the beautiful game across the internet.

The lifelong Everton fan has written for numerous sports websites, plus an international soccer magazine where he covered the Premier League, the Bundesliga and various youth international tournaments. Barnsley vs Chelsea preview, prediction and odds. Leicester vs Brighton preview, prediction and odds. Everton vs Tottenham Preview, prediction and odds. Burnley vs Bournemouth preview, prediction and odds. Home News World Cup Leagues. Wolves vs Southampton Preview, prediction and odds View.

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Wolves vs Leicester Preview, prediction and odds View. Liverpool vs Manchester City preview, prediction and odds View. Bet Now. Rank Sportsbook Start Today! Are our football tips and predictions free? Yes, they are indeed! Our football tips and predictions are free of charge and will always be.

When do we publish our soccer predictions? We publish our predictions a couple of days before the match. We want our forecasts to be up-to-date with all the latest news and reports that could affect the outcome of the game. Which leagues do we make our predictions for? Here, you will also find predictions for top European competitions, like the Europa League and the Champions League. There are countless of online betting sites offering football betting markets, and it can be daunting to find the best one.

Feel free to check it out. Can I share the tips with others? The casino Sportsbooks make their money on sports bets by collecting a commission on losing bets. This is called the Vigorish or Vig for short. The most common odds are 11 to Ideally, the Sportsbook would like to have the same amount of money wagered on the two teams playing.

To accomplish this they assign a line or spread to make the contest equally attractive for both sides. Many people believe that the point spread is the predicted margin of victory by which one team will beat another team. This is not true. For this reason, the line may change from the opening line to the line at game time. The Sportsbooks goal is to have the betting as evenly as possible. If the public is swayed by sentiment to bet on a certain team then the odds makers need to adjust the line to get some action on the other team.

Otherwise, the betting would be heavily lopsided. The general betting public reacts to the opinions of others. A weaker team can actually become the favorite if public sentiment is with that team. When this happens the underdog presents a huge overlay for the seasoned handicapper meaning that the odds are in his favor.

For example Team A should be a 3 point underdog to Team B, however, The public loves Team A and are betting on them and the line moves to make Team A a one-point favorite, then Team B becomes an excellent bet. This is the contrarian principle and why many smart handicappers go against the general betting public.