One Bet Per Day
People often refer to the Bet of the Day as a Banker Bet, but we refrain from using that term as 'Banker' would seem to sugges that it will not lose and we don't make false promises. Another common name for Bet Of The Day across other sites is Single Bet of the Day. Make sure to avoid blindly placing a bet on a pick without seeing how a handicapper is currently performing first. Take a look at current rankings and records of handicappers or click on a name to follow one. Another approach is to give yourself a weekly betting bank, say $100, and then bet if and when you feel confident, using any portion of the entire stake. This means that although, theoretically, you have only some $16.50.
If you’re a sports bettor, chances are good that you want to know how big the US betting industry actually is. But when it comes to finding out how much money Americans bet on sports each year, you won’t really get a solid or accurate picture by doing a quick Internet search. After all, only legal land-based and domestic online sports wagering is actually tracked and tabulated. The vast majority of betting, of course, is handled by black market vendors and legal offshore sportsbooks (neither of whom are compelled to divulge their numbers). Considering that there are only a limited number of legal sports betting options for 2021 in the US, their reported numbers – while enormous – are at best a tiny fraction of the true handle turned by US sports bettors each year.
Over 60% of US residents identify as sports fans, but not all of them wager on sports. The closest metric we have to go on about how many people bet on sports – and thus how much money Americans bet on sports – is to use as a baseline the only long-running sports wagering mecca: Las Vegas (or Nevada, more generally). With PASPA gone, of course, NV is merely the best baseline, not the only one. However, given its more mature commercial sports betting market, it’s the easiest state from which to divine out some workable figures (though we will also discuss other states’ sports wagering markets below).
Each year, the Nevada Gaming Control Board NGCB puts out its report of exactly how much handle and revenue sportsbooks in the state account for. If we take the total sports wagering handle in NV and divide it by the total NV casino traffic, that should give us – at the very least – a picture of how much money each gambler wagers on sports (or would wager on sports, given reasonable proximity to a sportsbook). This per capita method is an inexact exercise, and the margin of error is obviously going to be huge. But at least it gives us something to work off of.
How Much Money Is Bet On Sports In Nevada?
Nevada is the gambling capital of the United States and was the only state that was granted a full grandfather exception to the Professional and Amateur Sports Protection Act (PASPA) of 1992. Using savvy marketing of its crown jewel, Las Vegas, Nevada became the number one gambling tourism destination in the world. Even in the wake of PASPA’s repeal and the opening of the sports betting industry to new competitors, Nevada remains the nation’s leader in both betting handle and revenue. Monthly betting handle routinely tops half a billion dollars, and major events like the Super Bowl, Olympics, and NCAA Men’s Basketball Tournament frequently break financial records. Despite concerns from Nevada casinos about decreasing business in the post-PASPA era, 2019 actually represented a 6.2% increase in total handle over 2018.
In 2019, Nevada handled a total of $5.32 billion in sports bets. Most of this money is being bet by tourists who fly in from all around the world to play at Las Vegas’s famous casinos. In 2018, the most recent year with available data, 42.12 million people visited Las Vegas. If we add that figure to the state’s population of 3.03 million, we get a per-capita betting handle of $117.81. If we focus on only sports fans, statistically making up 60% of the American population, that number jumps to $194.79.
How Much Money Is Bet On Sports In Other States?
As stated, Nevada isn’t the only game in town when it comes to sports betting anymore, as several other states have started offering sports betting products since the PASPA overturn. While it’s impossible to know exactly how much money is bet on sports in all other states, the legal states have all started releasing their monthly numbers. Acting immediately after PASPA was eliminated, eight states (NV, DE, NJ, MS, WV, PA, RI, and NM) offered legal sports betting at land-based venues before the end of 2018, which was a very impressive turnaround indeed. By mid-2019, Arkansas opened its first sportsbook, as well. For these states, the total handle – or how much money Americans bet on sports in each state – is shown below.
Note: As yearly figures are not yet available in many cases, we have taken the monthly averages for all states with legal sports betting which have reported their wagering statistics. Yearly extrapolations thereof are informative, but they should be taken with a big grain of salt, as the sports betting handle is projected to increase month-to-month and year-to-year in all the states with legal sports betting, particularly as more betting lounges open in each region (and as online wagering rolls out on a state-by-state basis).
How Is So Much Money Bet On Sports?
Sports betting is a popular hobby throughout the country but as each state moves forward with its legalization and launch, it becomes clearer just exactly how many Americans bet on sports. Sports betting is seen to be a $150 billion industry and this is assumed to be a conservative estimate. Once PASPA was overturned and state sports betting laws were passed, the industry was brought out of the black market and into the limelight. Roughly 50% of US residents are projected to live in a state that has launched legal sports betting by the year 2024. As of now, over a quarter of US residents live in a legal sports betting state and this number is expected to rapidly jump if and when one or all of the three most-populated states (California, Texas, Florida) legalize their industry.
Is Nevada Or New Jersey The Sports Betting Leader?
Nevada remains king for now, but New Jersey made a surprising push to become America’s biggest state for sports betting in 2019. Nevada still holds its lead after closing 2019 with $5.32 billion in total betting handle, but New Jersey managed to close with $4.58 billion in its first full calendar year of operation—only 14% less than Nevada and over $3 billion more than the next closest state (Pennsylvania). Even more impressively, New Jersey handled more bets than Nevada in three individual months: May, July, and August. With even a fraction of its 2020 growth, New Jersey could surpass Nevada in total betting handle in 2021.
Much like Nevada with Las Vegas, New Jersey has a built-in market advantage with the world-famous casino town of Atlantic City. Tens of millions of tourists visit Atlantic City every year, and New Jersey has done everything in its power to market sports betting to people outside the state. Besides Atlantic City, online betting has also been incredibly popular. Roughly 85% of statewide sports bets are placed online. Much of this traffic traces to New York City residents crossing state borders to place bets on their phones. One representative of FanDuel, owners of New Jersey’s largest online sportsbook, estimated that the majority of the accounts wagering in New Jersey were registered to addresses in New York.
How Much Money Is Bet On The NFL & College Football?
Football is no doubt the most popular betting sport in the United States. American football comprises nearly $100 billion in total money wagered at offshore sportsbooks. While the country is still legalizing across many states, we are already seeing football become well over two-thirds of some state’s entire industry. In fact in New Jersey alone, betting handles are creeping toward $1 billion per month during the heightened NFL season. As the NFL is the most popular sport in the country, it is no surprise that it is also the most wagered on sport as well, however, wagering on college football is no slouch either and takes some of this handle. Still the NFL is the king.
Which Sportsbook Takes In The Most Sports Betting Money?
When it comes to the real money betting sites, the offshore books rarely release their information regarding their betting handle and revenue. However, when looking at state-licensed sportsbooks, it seems that FanDuel Sportsbook is the strong leader amongst the country’s sportsbooks. In New Jersey, their betting handle and revenue is nearly half of the entire market through both their retail and online sports betting platform. Similar betting handle and revenue numbers are represented for FanDuel in Pennsylvania, as their online platform took off instantly after the launch. William Hill is also another top-dog, as their presence extends to a heavy majority of the legal sports betting states.
How Much Is Bet On The NBA
The NBA Bubble and COVID-19 had a big effect on betting on the NBA. A lot of future bets went out the window because teams seemed to not adjust to the bubble. The surprising run of the Miami Heat and the unpredictable nature of the Finals in the bubble seemed to cause more bettors to place bigger bets in the 2020 postseason. Bettors were placing large wagers on the Finals including $2000 on a +4000 Heat team. It will be interesting to see if the participation in NBA betting will continue when the 2021 legal sports betting season begins.
How Much Is Bet On Baseball?
As America’s pastime, baseball is one of the most popular sports to bet on. Sportsbooks around the world that cater to U.S. players handle billions of dollars in wagers, the vast majority of which are for Major League Baseball. Betting on MLB is a big business that accounts for hundreds of millions of dollars in sports betting revenue and millions in sports betting taxes. The majority of this money is still wagered with international online sportsbooks, although with more states legalizing sports betting every year, a greater percentage is going toward state-licensed operators.
State Sports Betting Revenues
Please note that depending on the reporting standards of each state’s gaming commission, these figures may be incomplete or up to a month behind. The most current numbers as published by each state’s linked gaming commission have been used in each case and are accurate as of the end of January. The numbers for states with vendor fees paid out by the state (as in DE) are listed minus those vendor fees. Handle projections for 2020 are based on a formula that compares available 2020 financial data against the average weight of the same month(s) in Nevada’s financial data. Revenue projections are 6.86% of the total projected handle because that is the national average for hold rate.
Note: With so many leagues temporarily suspended to deal with the COVID-19 pandemic, sports betting revenues in June will be significantly reduced while revenues in July and beyond will likely see only a moderate reduction. The formula will be adjusted to account for these factors.
70% reduction in June betting: Sportsbooks are beginning to recover from the initial crash caused by COVID-19, but there are still very few North American sporting events for players to bet on, and many retail sportsbooks are either closed entirely or have had their operations severely restricted.
60% reduction in July betting: Major sports leagues like the NBA, MLS and MLB are set to resume play in late July, but the first two-thirds of the month will be marked by the same lack of sports betting options that has plagued the last three months.
For a more detailed monthly revenue breakdown, visit the Legal Sports Betting revenue tracker.
March: $141.1 million handle, $1.5 million revenue (1.03%)
2019: $5.32 billion handle, $329.0 million revenue (6.19%)
Projected 2020: $3.51 billion handle, $236.6 million revenue
June: $165.0 million handle, $12.6 million revenue (7.66%)
2019: $4.58 billion handle, $301.2 million revenue (6.57%)
Projected 2020: $3.13 billion, $215.6 million revenue
May: $6.0 million handle, $572,000 revenue (9.47%)
2019: $226.0 million handle, $18.6 million revenue (8.21%)
Projected 2020: $239.9 million handle, $13.1 million revenue
May: $1.5 million handle, $163,000 revenue (10.66%)
2019: $245.8 million handle, $17.8 million revenue (7.27%)
Projected 2020: $149.1 million handle, $12.3 million revenue
January: N/A
Year-to-date: N/A
Projected fiscal year: N/A
June: $12.7 million handle, $621,000 revenue (4.88%)
2019: $93.6 million handle, $19.3 million revenue (9.09%)
Projected 2020: $322.2 million handle, $18.1 million revenue
June: $29.8 million handle, $2.9 million revenue (9.81%)
2019: $436.0 million handle, $41.4 million revenue (9.49%)
Projected 2020: $1.12 billion handle, $76.9 million revenue
March: $3.9 million handle, $577,000 revenue (14.74%)
2019: $102.6 million handle, $12.5 revenue (12.17%)
Projected 2020: $45.1 million handle, $4.0 million revenue
June: $1.6 million handle, -$62,000 revenue (-3.85%)
2019: $369.2 million handle, $44.5 million revenue (12.04%)
Projected 2020: $203.6 million handle, $15.2 million revenue
May: $74.8 million handle, $4.8 million revenue (6.46%)
2019: $1.49 billion handle, $103.2 million revenue (6.92%)
Projected 2020: $2.1 billion handle, $122.1 million revenue
January: N/A
Year-to-date: N/A
Projected fiscal year: N/A
March: N/A handle, $100,000 revenue
2019: N/A handle, $9.7 million revenue
Projected 2020: N/A handle, $4.9 million revenue
January: N/A
Year-to-date: N/A
Projected Fiscal Year 2020: $178.3 million handle, $10.8 million revenue
* New Mexico sports wagering is only available at a pair of tribal venues, and they are not bound to report earnings to the state on a monthly basis. As such, there is no official data describing the sports betting numbers in the state to date.
** Arkansas took its first sports bets on July 1, 2019. No financial data has yet been released by the Arkansas Racing Commission.
*** Oregon does not publicly disclose sports betting financial data, but representatives did send out a press release with their updated projections for the fiscal year.
How Many Americans Are Betting On Sports?
In 2012, ESPN conducted a poll using a Connecticut-based research firm called Markitecture in which half of all respondents over the age of 16 stated that they had gambled on sports within the last year. At the time, this would have represented 118 million people, and with population growth from 2012 to 2020 that estimate would increase to 123.7 million people. The sample is far from perfect, encompassing only 1,148 respondents for an industry serving hundreds of millions, but it does at least allow us a general sense of how popular sports betting is. With more states legalizing sports betting every year, the percentage of Americans betting on sports will likely increase every year as well.
Money Spent On Sports Betting By Americas Via Offshore Sportsbooks
If we extrapolate the above NV numbers and apply them to the entire country, they’re actually not that high. Given that 80% or so of US adults – or about 198,000,000 people – actively gamble (including playing lotteries, which complicates things less than one might think, given the ease of access to legal offshore sportsbooks), we can plug in the sports-betting-handle-per-person figure from before ($118.71), giving us $23.5 billion as a total.
But there’s a snag. Everyone – even the top Vegas bookmakers and casino CEOs – admit sports betting in Sin City is not particularly representative of sports betting in the rest of the country. Indeed, it costs quite a lot of money to get to Las Vegas to place your wagers in the first place, dramatically limiting the number of people who opt to place wagers this way. So that $23.5 billion number? If you’re really curious to find out how much money is spent on sports betting by Americans via offshore sportsbooks (and local underground means), the American Gaming Association says to multiply it by about 6.7.
That’s right: Las Vegas, even in processing astronomical handles like the above, only accounts for about 3% of the total US sports betting handle. Thus, we multiply Vegas’ yearly handle of $5 billion by 33, giving us $165 billion. Of course, there are reputable analysts that claim this figure, too, is too low, doubling or even tripling it when answering the question of how much money the US spends on sports wagering. It’s kind of a moot point, though, as it doesn’t really matter if the US spends $165 billion or $495 billion on sports betting. The only thing that matters from a social economics perspective is that most of that money is being sent underground or overseas, where it isn’t taxed as it would be in the legal sports betting states. By any measure, over the last 25 years or so (from PASPA’s advent to its ultimate demise), the federal and state governments have lost out on trillions of dollars in taxable expenditures. Trillions. With a “T”.
Where Does The Sports Betting Money Go
Once you know the answer to the amount of money wagered on sports in the U.S., the natural follow-up question is, “where does the sports betting money go?” Most of this, naturally, goes back to bettors in the form of winnings. After paying the winners, the remaining cash – i.e. the house take or vigorish – goes to several different places.
With a legal land-based sportsbook, the house will get its take (between 4% and 6% of the handle, typically), which is then taxed at various rates depending on the state where the sportsbook operates. Gaming taxes are then used to fund state and local programs (usually something to do with “roads” or “education”), which is why many proponents of sports betting view gaming as a way to improve local infrastructure.
How Much Do Bet365 Make A Day
At many of the leading legal online sportsbooks that operate outside of US jurisdiction, the distribution is similar, with books retaining about 4%-6% of the handles they process. Bettors get the rest as winnings. However, because that money is sent offshore and often claimed as cryptocurrency, there is no way for the government to comprehensively tax those winnings. It is incumbent on sports bettors to claim their winnings each year as part of their income taxes, but there’s no telling how many do or don’t follow through. Additionally, if you collect your monies in Bitcoin or other cryptocurrencies, you might not convert any of your winnings back to US dollars within any specific taxable timeframe. In this way, tons of cash falls through the cracks. Also, all the vig that these offshore sportsbooks collect stays offshore, never returning to the US economy in any form, as taxes or otherwise.
Money Spent By Americans On Unregulated Sports Betting
Though there is a negative connotation behind the term “black market sports betting”, it does not deter millions of Americans from betting on their favorite sports. The bottom line is that most of what the US gambling industry describes as unlawful is, in fact, 100% legal. There are no laws in any state against using offshore sportsbooks, and the sites are so big and so popular that most people already forego engaging with unlicensed local bookies and black-market sharks to use these trusted, legitimate sports betting sites.
Honestly, while analyzing how much money Americans bet on sports is interesting from a mathematical and observational standpoint, the real question is: How much money can you win at a legal online sportsbook? And the answer… a lot!
Outlook on Sports Betting Revenue In The US
As more states start to legalize and regulate sports betting, the revenue generated by the national sports gambling market will continue to grow. The future of sports betting in the United States is on an upward trend. Only 26 states have legalized sports betting in some capacity and with more room for the country to grow it’s expected that the United States will soon eclipse the United Kingdom as the sports betting Mecca of the world. The United States has seen its sports betting revenue go up every year since the repeal of PAPSA in 2018. The biggest boost is that the US will be getting more money out of sports betting revenue, especially once states like Florida and California allow residents to bet on sports. The 2020 Coronavirus pandemic took a big hit on the sports betting industry, both in terms of total betting handle and growth. Many sportsbooks and venues that were set to open in 2020 had to be postponed or moved to a later date, while those venues that were open experienced immense losses. In some cases, sportsbooks that just opened in the start of 2020 were forced to shut down due to the lack of income. Luckily, it appears as if the worst of the pandemic is behind us, as sportsbooks reported massive income in months after July. With some of the biggest states still sitting out on sports betting the golden age of sports betting in the US is still ahead.
How Much Money Is Bet On The Super Bowl?
The Super Bowl is the most wagered on single sporting event in the US every year. Hundreds of millions are wagered every year at regulated sportsbooks, with experts at the American Gaming Association estimating over $6 billion wagered on the Super Bowl yearly if you include all sportsbooks. Many sports bettors only ever bet on the Super Bowl which brings increases the overall betting handle at legal online sportsbooks annually. The Super Bowl is viewed by over 60 million sports fans each year. It is the most viewed event according to the official rating report every single, bringing in millions worldwide paying attention to the key matchup. Billions of dollars are bet on the Super Bowl every year and that was certainly the case again for Super Bowl 55 as in New Jersey alone, there was $117.4 million wagered which was a 116% increase from the year prior.
One of the many relevant aspects of betting: how often to bet, how many bets can or do you need per day? Indeed, some players make almost hundreds of bets per day, while others limit themselves to a few, or even one. What would be the best approach? It is difficult to give a definite answer. No one has collected such statistics. Now, we will talk about where the boundaries of the rational and how many bets need to be made.
As for the frequency, the number of bets placed in the bookmaker regarding sports events, there can be two extremes: hundreds of bets per day, or not a single one at all. Between them, the points are many intermediate options: dozens of visits per day, a few moves (up to a dozen). It’s worth considering these options, taking into account the pros and cons, making comparisons and conclusions to find the “middle ground.”
For starters - a few facts from practice. Sporting events happen unevenly. If you explore any one sport, that is, “season” and “no the season.” It means that at least 2-3 months a year for a particular type, there are no competitions at all. Well, in the season, the games are heterogeneous. Tournaments are available where matches take place daily. But after, at the end of such a forum, a lull inevitably sets in. If we are talking about the regular season, then the games here are also not distributed evenly throughout the sports week.
One Bet Per Day Challenge
On the contrary, the leading tour takes place either on weekends or fits 1-2 in the middle of the week. Because the day is not like the day, in terms of saturation with sports moments, it is not worth talking about some uniform density of bets. There are concepts such as seasonality and cyclicality. So in the understanding of reasonable bettors, the question is considered of the optimum allowable number of bets per game day when tournaments are played, which the player is following.
Here it is necessary to distinguish between the behavior of amateurs who are addicted to the system, are dependent. This dependence is even given a definition, such as “ludomania.” A new day is approaching, and the player is looking for what to bet on. And it does not matter, for example, that there are no events in your favorite football leagues today. Such a dependent person feels awkward if he doesn’t. It is very similar to the 'breaking' of a drug addict. Not finding the usual events, the ludomania comes into all sorts of unfamiliar championships or completely different sports. They are betting on youth football championships of countries from the football periphery and finding no satisfaction there, the ludomania bets on hockey, basketball, tennis, e-sports, chess, virtual sports. In general, an unlucky bettor goes all the way. And this even though he is incompetent in the matter. As a result, there are a lot of bets, but there is a loss after the loss.
If you find yourself here, you need to take urgent measures. This dependence on bets is a sure sign of a mental disorder. A priori, the question is considered that an adequate player puts on those sports in which he understands. It may be that the player covers 2-3 games so that they occupy the entire calendar year more or less uniformly. It is the norm, if a person understands it, watches matches and news. It means that there is a basis for a successful activity. When betting is made at random, just to bet on something is a disease. You need to be able to limit yourself.
It refers to the optimal number of bets per day when you consciously choose events and outcomes on them. So you can judge your patency at a distance of several weeks, a month, a season. It is the only way to track dynamics, to ascertain progress or regression as forecasts. If bets are made at random, this inevitably leads to a fail.
Of great importance is the quality of forecasts. It is one of the critical factors limiting the number of bets that a bettor can make even on the best competition day. You cannot review the whole match, even in the review mode, you cannot track all the news even under ideal conditions. The fact is that statistics are reflected in sufficient detail by bookmakers in the coefficients. To find an advantage and create opportunities for remote profit is real only if you know the more significant factors that relate to a short distance. Only quick, weighty trends that conflict with long-term trends are the basis for profit. Such moments can only be identified with extensive experience and knowledge in this area.
Experience shows that a successful bettor can own the situation in no more than 3-5 championships. If you try to bet on ten or more tournaments, then there will already be a dispersal of attention, regular ignoring of many essential facts. So, no matter how you would like to increase the bank quickly, the player runs into a restriction, after which the quality of bets suffers. It means that the number of bets loses its meaning. For example, having an ROI of + 5% for a full turn of the bank, a player will receive more in absolute terms if he does not complete 1-2 circles, but ten loops. But if the quality is lost, then there will be no positive ROI, but there will be a minus, a loss of money. Then what's the point of increasing the number of bets? He is not there.
The main points that affect the number of bets we reviewed. Time to move on to the technical side of the issue.
Hundreds of bets per day
Imagine a situation in which a bettor watched games in dozens of championships all week. After that, approximately 100 bets were selected on Saturday and Sunday. We pass out the same quality of forecasts that were discussed earlier. What can be done technically with these two hundred bets? The choice is small. We'll have to split the bank into tiny parts and put on all the selected number of outcomes. The size of the bets will be 1-3%, given the time gap between the games.
If a player has a big bank, and he wanted to play with a small percentage, then this is still normal. Purely technically, you can implement all this vast array of bets at the same time. However, there will immediately appear one annoying oversight. This amount of bets involves the entire bank. There is no free money left until the bets are settled. Some beginners consider this the norm, but this is not true. Players which experience is full use such chips as live bets and insurance of ready bets. Some new conclusions, information always appear already like the game's progress, so making changes to forecasts, being safe, putting extra on positive outcomes, fixing a bank with a successful bet is all in order. All of this needs money. If the whole bank is played, then they are not.
Experienced bettors advise using at the same time no more than 20-30% of the bank. Firstly, 70-80% of available funds will always be in stock to be able to maneuver in live. Secondly, this is how protection against cyclical results is built. It’s impossible to go the distance correctly. At some points, the profit will be higher than expected, while at others, it will inevitably standstill or drawdown. If the entire bank will be involved at a time, then the risk is significant to lose money, having got at such a moment. When the forecasts are correct, then 3-5 game segments cannot continue to fall. By making a deposit turn not at a time, but in several passes, there is a higher chance of completing a circle in plus.
Therefore, hundreds of bets at the same time or even in one day, this is technically possible only with a large bank and a stable financial strategy, which implies operations independent of each other. But even so, anyway, the bet rests on a lack of working capital for life and insurance. Well, from big you can always make small. In this case, you need to drop out, from the pre-selected 100 bets, leave 20-30 the most reliable, with the most accurate and consistent forecasts. The rest is not taken into account.
But not always a large bank is used according to a uniform strategy. Many bettors practice different types of “catch-up.” The essence of these strategies is that the next bet can only be made after calculating the previous one. If the previous one did not work, then increase the amount for the next step, if you win, they return to the original, minimum size. This feature is the reason that at the same time in the game, there can be only one bet. Attempts to serve several branches of the catch at the same time very quickly lead to the depletion of the bank. Therefore, it will turn out to make no more than 5-7 bets per day. If you use to live, then the limit will come in 20-25 attempts. In general, hundreds of bets will not work here.
Absolutely the same thing will happen to those who play varieties of 'ladder.' Each next bet is made only after winning the previous one. If it does not work, then they begin a new attempt to 'climb the ladder.' Even if several ladders are made in parallel, then we can talk about 15-20 bets a day, but no more. Replacing the 'ladders' with expresses, immediately gaining all the steps in one integrated rate - this is very bad. The reason is that going from level to step. The player still has the opportunity to make all the same secure live bets. At some stage, this allows you to save the attempt and try again if new circumstances arise over the passage.
Another point, many bettors do not have a big pot. It means that for a modest starting amount, there is no need to use the same uniform strategy with a deposit of the deposit in small parts of 1-3%. It makes sense to play with a small bank evenly, but with a large percentage (not less than 10%), or try to win back with “ladders,” also having assigned yourself 5-10 attempts (5-10 parts of the bank). So at the same time, it will be necessary to make no more than the equal 5-10 bets. For a standard gaming day, they physically will not be more than 20-30. It is logical to come to the same conclusions: even if hundreds of potential bets for the weekend have been studied, you still need to make high-quality selection and process no more than a quarter of all this amount. The desire to save time leads the player to the idea of narrowing the coverage of events, to consider only a few championships, leagues.
Not a single bet
Do not forget about such an opportunity as not to make bets on the day. It is an excellent decision, which novice players are not aware of. The selection of bets, the collection, the decision to make a bet - it is a product of decisions and the choice of a player, which made consciously. You need to create your grading scale. Each condition, the outcome on which you can put, you need to assign a certain level of probability. “Stars” or other markers are right here. One star is the minimum probability. Two stars - medium. Three is the maximum. It is necessary to put on the most probable events, three stars, and everything else is taken into account.
You can also use a variable strategy or use outcomes with different probabilities for different banks and strategy. For example, on “three stars,” the outcomes should be set at 5%, on “two stars” - 2-3%, on “one” - 0.5-1%.
You can take for the central bank only the most probable outcomes, and from the rest that are not included in the final sample, collect large expresses, setting the minimum amount of money. This approach kills many problems at once. So the excitement and those same manifestations of 'ludomania,' if any, are leveled. The feeling disappears that hundreds of matches that have been studied in vain. Losses of money from such express trains are small, even if this has been done for decades. But sooner or later, some run will win and beat off all costs for many years to come. It is worth considering that this is a lottery game.
With this scatter of earnest money, the central bank is placed on the most preferred outcomes. Everything else formally does not disappear in vain and does not significantly affect the central bank. If you have everything in order with excitement and psyche, then you can discard all the eliminated outcomes without much regret and waste of nerves.
The optimal number of bets
One Bet Per Day Per
We proceed to the conclusion. The number of bets that can be made per day is determined not by following any plan, but only according to the criteria for the probability of events. If there is not a single standard rate per day, then this does not mean that you need to lower the threshold, but just do not put an excuse. Other limits on the number of bets are the size of the bank and the applied financial strategies. The average amount of bets is considered to be from a few (3-5) to a couple of dozen bets per day (10-20). Larger quantities cannot be used effectively. Changing the strategy, giving up insurance for the sake of mastering a large number of potential outcomes is impossible.
