How much yield is good for long term sports betting.

hua_hui

legendary

Activity: 1386

Merit: 1016

Quote from: lumeire on November 23, 2015, 05:07:10 AM

Quote from: deadley on November 22, 2015, 05:49:08 AM

Just want to know what other sports bettor think how much yield is good for long term betting.

Honestly, I don't care about the yields as long as I turn in positive returns by the end of the month. And besides, odds and returns per bet are highly variable, so I could be incurring more losses vs wins but I'm still at positive ROI. I think yields are more important if you're gonna sell tips etc, and maybe > 3% are good?

actually not that true. u could be betting like 100btc but u gain like 0.1btc this month. your base is only 10 btc only. so by ROI it looks quite ok. but in actual fact that u need to bet up to 100btc for that little profit, it is very risky. so u actually bet big amount. u may be lucky this time or the next 10 month, but one bad luck u will risky losibng all.

bering

legendary

Activity: 2898

Merit: 1006

Leading Crypto Sports Betting & Casino Platform

gambling have unpredictable result and as long you can earn profit from that it would be good for long term but i think probably 10%-15% profit from the capital is good too

bearex

hero member

Activity: 560

Merit: 501

Nothing, because while the sports betting place has profit, that means you will lose money in a long run.
So best yield you can get is positive, but you will be negative in a long run.

Sure you think you have more control than when gambling, but not really.

lumeire

legendary

Activity: 1848

Merit: 1009

Next-Gen Trade Racing Metaverse

Quote from: deadley on November 22, 2015, 05:49:08 AM

Just want to know what other sports bettor think how much yield is good for long term betting.

Honestly, I don't care about the yields as long as I turn in positive returns by the end of the month. And besides, odds and returns per bet are highly variable, so I could be incurring more losses vs wins but I'm still at positive ROI. I think yields are more important if you're gonna sell tips etc, and maybe > 3% are good?

deadley

legendary

Activity: 2562

Merit: 1064

Quote from: Slark on November 22, 2015, 08:39:27 AM

Quote from: deadley on November 22, 2015, 05:49:08 AM

Just want to know what other sports bettor think how much yield is good for long term betting.

It depends on your appetite, greed and your bankroll. Because for you yield of 10% can be sufficient and someone else is only considering yield of more than 40% as a win.
For me it is all good as long as I am not behind in my loss-win ratio. I would be happy with even 5% win.

Yea, if my yield will be just 5% for long time I will be very happy don't care how small I am winning but long run, only who survive sports betting who know how to manage bank roll otherwise they will bankrupt after 1 bad run.

Slark

legendary

Activity: 1862

Merit: 1004

Quote from: deadley on November 22, 2015, 05:49:08 AM

Just want to know what other sports bettor think how much yield is good for long term betting.

It depends on your appetite, greed and your bankroll. Because for you yield of 10% can be sufficient and someone else is only considering yield of more than 40% as a win.
For me it is all good as long as I am not behind in my loss-win ratio. I would be happy with even 5% win.

lorylore

legendary

Activity: 1470

Merit: 1002

Quote from: deadley on November 22, 2015, 08:19:43 AM

Quote from: erickimani on November 22, 2015, 07:01:59 AM

most people will not do their maths well. most are running at losses but will never understand it because they are very ignorant. when somebody win at one time they think they have achieved a lot without realizing that for the past week you have been making losses. anything that is making losses is not worth risking. I should be making a profit of more than 100% for me to continue betting

Very true, mostly sports gambler don't do maths, they just bet blind and hope that they will win easy money.

they do have simple math, but becuz they know they already loss certain amount of $$ and wish to gain back the losses, that is where they tends to lost even more.

srgkrgkj

legendary

Activity: 1218

Merit: 1000

oh sorry I misunderstood lol most of the time we use ROI as a success criteria Tongue

lol yield is a bit more harsher but truer

deadley

legendary

Activity: 2562

Merit: 1064

Quote from: erickimani on November 22, 2015, 07:01:59 AM

most people will not do their maths well. most are running at losses but will never understand it because they are very ignorant. when somebody win at one time they think they have achieved a lot without realizing that for the past week you have been making losses. anything that is making losses is not worth risking. I should be making a profit of more than 100% for me to continue betting

Very true, mostly sports gambler don't do maths, they just bet blind and hope that they will win easy money.

erickimani

newbie

Activity: 42

Merit: 0

most people will not do their maths well. most are running at losses but will never understand it because they are very ignorant. when somebody win at one time they think they have achieved a lot without realizing that for the past week you have been making losses. anything that is making losses is not worth risking. I should be making a profit of more than 100% for me to continue betting

jerowacik

legendary

Activity: 1162

Merit: 1000

Quote from: deadley on November 22, 2015, 05:49:08 AM

Just want to know what other sports bettor think how much yield is good for long term betting.

you can not expect results. the result is unpredictable. but certainly if you bet a lot of you big profit possibilities. It's also possible you lose big also .all depends on you.

deadley

legendary

Activity: 2562

Merit: 1064

Quote from: srgkrgkj on November 22, 2015, 06:02:21 AM

Quote from: deadley on November 22, 2015, 05:49:08 AM

Just want to know what other sports bettor think how much yield is good for long term betting.

this depends on the time frame mate personally I think that a 30-50% yield would be ideal compared to the risk u put urself in when wagering

I think you misunderstand, I am not talking about Return on Investment. I am talking about yield.

Ex. Consider my bankroll is 100 and at the month I have 130 so it's 30% ROI

But to calculate yield. I bet whole month 500 and won 30 extra so my yield is just 6%. That is why yield very important at the end to understand profitable tipster/bettor and how good he/she is.

srgkrgkj

legendary

Activity: 1218

Merit: 1000

Quote from: deadley on November 22, 2015, 05:49:08 AM

Just want to know what other sports bettor think how much yield is good for long term betting.

this depends on the time frame mate personally I think that a 30-50% yield would be ideal compared to the risk u put urself in when wagering

deadley

legendary

Activity: 2562

Merit: 1064

Just want to know what other sports bettor think how much yield is good for long term betting.

Topic: How much yield is good for long term sports betting. (Read 1023 times)