really! I have never seen someone so miserable before, its like he also refuses to calculate the x factor that is enjoyment? If you are this miserable you are either not making money or not having fun either of which are telling you to get into something else?
The tiny number of actual winners (as in, fewer than ten in Vegas, a hundred in the US, and probably a thousand in the world) make an ROI equivalent to just holding low yield financial products. The effort/reward calc is just ridiculously bad. Sports betting isn't even that profitable for the house with its edge-lowest and most unstable margin of any casino product, and most integrated casinos treat it as a loss leader for the more lucrative games/machines. There just isn't much money there for people not named Denise Coates.
To me ROI says nothing, yield is more important. I will give you an example. I have 40% ROI in a month. How? Simple! I putted 1k in total on two games, got lucky because they were underdogs and now I have 4000$. So your comment means nothing.
@@ericcatherine7887 Who cares, nobody can proof it, stop trolling. If you are so good, why you have to tell us. I can tell you, because your results are not so good and you just want to sell overpriced picks!
If your playing a game where the takeout/vig is 18% and the favorite players lose 9% and you only lose 2% that is a good ROI. If the takeout at you sportsbook is 5% and you lose 10% that is a bad ROI. It also depends how much/good your competition is and what your goals/bankroll are. The person asking the question isn't also mentioning how many hours they put in either or how much they feel their time is worth. If your studying 3 hours at night and another 2 in the morning and then it takes another hour to plan out your bets and your ROI is 20% and you are a $100 bettor and you make 5 plays and hit 3 and win lets say $600 then you made $15 an hour. Your time might be better doing something else but if you enjoy the work an really love sports than it is a hobby. They should also ask themselves what their avg daily goal is and then what is the biggest wager they can make without having a coronary. If their daily goal is higher than their largest wager they are dreaming.
Thank you some nuance and actual numbers rather then just miserable person here, first time viewer and he already has me like wtf are you making videos for in the first place if you are not making money?
This is bad juju. AKA “loser talk”. I agree completely that sports betting should never be a projected source of income. In reality, 1% ROI is good. Any time you leave with more money than you came with, is good. Leaving with a dollar after losing a thousand is not good, even if you budget to lose it all.
Imo is very hard to make any money from betting on high limits markets ( if u are a rookie ). The best way is to start betting on bookie only stuff but u need to have accounts etc. Anyway in my opinion after some years doing it I would say it isn't more a gold rush and if u don't have much money to stake sports betting does not worth your time, specially if staking high limits/asia bets
A higher ROI (when comparing two positive ROIs) basically means you are betting on longer odds (more +money odds). So I guess on s way a higher ROI can mean you are making safer bets but it doesn't necessarily mean you are winning more or have a better strategy. I guess in the long run it would be a less stressful strategy if you win more wagering the same amount but I'd say two different ROIs more so indicates two different betting approaches
@@Melcavic42 by safer I am referring to longer odds. (+100,+200,etc). Safe in terms of risk/reward. I get your point though. I pretty much agree but depends on the sport. Fact remains either way, riskier bets are.. well, riskier.
@@hoylemj my bad i totally missed your point then. I guess i just assume ppl usually mean heavy favorite as "safe". Should have asked first to elaborate.
Wow, finally a mention about stock market. I asked you about investing long time ago. There are quantitative strategies in stock market investing as well. Might be a good topic to cover by a data scientist.
Nobody even mentioned about day trading. If you think investing = day trading, you have a lot to learn. Just by simply investing in SPY index fund you get 8-10% ROI per year, which is something that any gambler can only dream about. Not to mention a bit more advanced investing strategies.
@@chickenkeeper3450 I thought you were talking about day trading.yes I will admit long term investing will produce profits.but it takes usually more than six months to make any money.
@@alleykat5188 that is true and even if somebody is very good at investing it means making only 2-3% more than market average. But it is still much more than in sports betting
This is a funny video. This guy has clearly never been successful at this.
Looks like someone hasn’t been profitable 😂
really! I have never seen someone so miserable before, its like he also refuses to calculate the x factor that is enjoyment? If you are this miserable you are either not making money or not having fun either of which are telling you to get into something else?
Don’t listen too this guy he literally said nothing my advice is bankroll manage and STRAIGHT BET and 2 teamers MAX.
The tiny number of actual winners (as in, fewer than ten in Vegas, a hundred in the US, and probably a thousand in the world) make an ROI equivalent to just holding low yield financial products. The effort/reward calc is just ridiculously bad.
Sports betting isn't even that profitable for the house with its edge-lowest and most unstable margin of any casino product, and most integrated casinos treat it as a loss leader for the more lucrative games/machines.
There just isn't much money there for people not named Denise Coates.
I got a 8% roi I started with 1k $ betting 50$ a game my new bankroll 9500$ I only bet 1% now per play
To me ROI says nothing, yield is more important. I will give you an example. I have 40% ROI in a month. How? Simple! I putted 1k in total on two games, got lucky because they were underdogs and now I have 4000$. So your comment means nothing.
@@quebono100 my record is 1029-817 only 55% winners I've been tracking for 1 year
@@ericcatherine7887 Who cares, nobody can proof it, stop trolling. If you are so good, why you have to tell us. I can tell you, because your results are not so good and you just want to sell overpriced picks!
I don't sell picks or give them out William knows I'm legit
@@ericcatherine7887 You didn't get the video. Why you have to brag?
If your playing a game where the takeout/vig is 18% and the favorite players lose 9% and you only lose 2% that is a good ROI. If the takeout at you sportsbook is 5% and you lose 10% that is a bad ROI. It also depends how much/good your competition is and what your goals/bankroll are. The person asking the question isn't also mentioning how many hours they put in either or how much they feel their time is worth. If your studying 3 hours at night and another 2 in the morning and then it takes another hour to plan out your bets and your ROI is 20% and you are a $100 bettor and you make 5 plays and hit 3 and win lets say $600 then you made $15 an hour. Your time might be better doing something else but if you enjoy the work an really love sports than it is a hobby. They should also ask themselves what their avg daily goal is and then what is the biggest wager they can make without having a coronary. If their daily goal is higher than their largest wager they are dreaming.
Thank you some nuance and actual numbers rather then just miserable person here, first time viewer and he already has me like wtf are you making videos for in the first place if you are not making money?
Nah bro , you just suck at managing the bankroll , the math says different ... Numbers : 54.1% accuracy + 1500 picks = 100% ROI for the year
This video applies to most sports bettors but not all
I think he tried so hard but lost so badly that he assumes everyone loses like he did.
This is bad juju. AKA “loser talk”. I agree completely that sports betting should never be a projected source of income. In reality, 1% ROI is good. Any time you leave with more money than you came with, is good. Leaving with a dollar after losing a thousand is not good, even if you budget to lose it all.
Eric if that's your true record your doing better then most better then me for sure over a year time I'm a looser as are most
I don't think that its his record. If this were his record he wouldn't brag about it and seeking Williams attention
Mitch is a big fan of yours bro 😜
Imo is very hard to make any money from betting on high limits markets ( if u are a rookie ). The best way is to start betting on bookie only stuff but u need to have accounts etc. Anyway in my opinion after some years doing it I would say it isn't more a gold rush and if u don't have much money to stake sports betting does not worth your time, specially if staking high limits/asia bets
Tough to win. Tougher to make money. Cheers.
A higher ROI (when comparing two positive ROIs) basically means you are betting on longer odds (more +money odds). So I guess on s way a higher ROI can mean you are making safer bets but it doesn't necessarily mean you are winning more or have a better strategy. I guess in the long run it would be a less stressful strategy if you win more wagering the same amount but I'd say two different ROIs more so indicates two different betting approaches
"safer bets" suck because you have to lay so much money down that if one goes against you you wipe out months of winning's
@@Melcavic42 by safer I am referring to longer odds. (+100,+200,etc). Safe in terms of risk/reward. I get your point though. I pretty much agree but depends on the sport. Fact remains either way, riskier bets are.. well, riskier.
@@hoylemj my bad i totally missed your point then. I guess i just assume ppl usually mean heavy favorite as "safe". Should have asked first to elaborate.
Wow, finally a mention about stock market. I asked you about investing long time ago. There are quantitative strategies in stock market investing as well. Might be a good topic to cover by a data scientist.
90% of day traders lose money,the stock market is almost as bad as gambling.
Nobody even mentioned about day trading. If you think investing = day trading, you have a lot to learn. Just by simply investing in SPY index fund you get 8-10% ROI per year, which is something that any gambler can only dream about. Not to mention a bit more advanced investing strategies.
@@chickenkeeper3450 I thought you were talking about day trading.yes I will admit long term investing will produce profits.but it takes usually more than six months to make any money.
@@alleykat5188 that is true and even if somebody is very good at investing it means making only 2-3% more than market average. But it is still much more than in sports betting
What a tout!!
U sound salty