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There are few differences between sportsbooks and brokerage firms. It can reveal how good of a
handicapper you are and where your strengths and weaknesses lie. This would give you a
return on investment of 14.6%:$730/$5000 = 14.6%Applying ROI to different aspects of your sports betting
can reveal many things. But if you shopped around and were able to get those
same bets at -145, your ROI would increase to 18.30%.As a tool for the sport
bettor, ROI can't be underestimated. Sports betting, like any investment, carries risks and rewards.
Both are middlemen who charge you a fee for their services. Divide any profit by
the 925 silver amount risked to get it. The parallels between betting on sports and playing the
stock market are many. If a sports bettor bets a team to win and that
team loses, he also has a negative return on investment.Calculating a return on investment is
simple. You won 30 bets and lost 20. If you bet $100 on the Colts
to cover -3 at -110 versus the Patriots and they do, you have a ROI
of 91% for that particular bet:$91/$100 = 91%But where ROI really can help you is
over the course of many bets. Your total investment for the season would be $5000:$100*50
= $5000Your nike shox nz total profit would be $730:($91*30) - $2000 = $730Where $2000 are your 20
losses. Not too shabby. Try applying to individual sports or various timeframes. Both the sports
bettor and the stock player are after a return on their investment (profit).If a person
buys a stock and it falls instead of rises in price, he loses money, or
has a negative return on investment. In fact, I would argue that they are exactly
the same for all intents and purposes.Placing a bet on a team and hoping for
a win is no different than buying a particular stock and hoping for a rise
in price. It's most useful, I think, as it relates to money management and how
favorites and underdogs affect your bottom line.Risking $100 each time, if you make 10 bets
on -150 favorites and win seven of them and lose the other three, you have
a profit of $166.69 and a ROI of 16.67%. Let's say you made 50 bets
at -110, risking $100 each time, over the course of the NFL season. It can
reveal a lot and help you make better decisions regarding bets and bankroll management in
the future.To learn more about how a Precision Plays account can help you succeed at
sports betting, please visit [http://precisionplays.com].
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