Casino & Gambling Information brought to you by casino bonuses and top online ecasinos

What is the True Winning Percentage of a Professional Soccer-punter?


Many people believe professional-level sports bettors win at least 60% of their bets. It's understandable that people think that, but it's just not true. The fact is, the difference between the percentage of bets won by successful sports bettors and the percentage of bets won by losers is relatively very small.

Anyone can expect to win 50 percent. After all, the only thing required is to flip a coin and pick a side. The bookmakers' profit comes from the difference between what a bettor must risk and what a bettor expects to win. Every time a player wins, the bookmaker withholds slightly more than 9 percent of the winnings ($1 for every $11 risked). Consequently, a bettor winning only half his bets will ultimately go broke.

Professional sports bettors, by comparison, rarely sustain a long term winning percentage higher than 57 or 58 percent, and it's often as low as 54 or 55 percent. People find that hard to believe, and they understandably get even more skeptical when told that, for a genuine professional-level sports bettor, a long term winning expectation of 60% or more is actually too high.

The measure of success of a sports handicapper is not his percentage of winning bets, but the relative amount of profit he made over any given period of time.

Best regards
Winder Liao
Winder sports
http://www.windersports.net/winderexpertsoccerpicks.htm winder expert picks - Asian handicap specialist to european soccer fixtures.

http://www.windersports.net winder sports portal - Your guide to winder's interest on sports : provides tips and techniques to improve your game.

email:winder88@lycos.com


MORE RESOURCES:

Boston Globe

Mass. House, Senate racing to finish casino bill
BusinessWeek
Massachusetts House and Senate negotiators were scrambling Thursday to craft the final broad outlines of a casino gambling bill in time for ...
Massachusetts Lawmakers Debate Casino LawsMyFOXMaine.com
Gov. Patrick for compromise on casino billWHDH-TV
Patrick yields ground on casino bill, says one slot parlor OKBoston Globe
Wall Street Journal -Boston Herald -Taunton Daily Gazette
all 277 news articles »


Boston Herald (blog)

Countdown on for casino gambling bill in Mass.
NECN
(NECN: John Moroney: Boston, Mass) - The countdown is on for a casino gambling bill in Massachusetts. Just one week left for legislators to hammer out their ...
Mass. gov says compromise possible on gamblingBusinessWeek
Mass. lawmakers gear up for busy end of sessionBoston Herald
Patrick returns from war zone, defends visitBoston Globe
Bostonist -WHDH-TV
all 127 news articles »


Sparks speaks to Democrats
Gadsden Times
By Andy Powell Democratic gubernatorial candidate Ron Sparks said his campaign is more than a call for a lottery and casino gambling — other top priorities ...
Photo: Associated Press photoAnniston Star

all 5 news articles »


More Women Becoming Addicted To Gambling
KDKA
With the spread of casino gambling, studies show that more and more women are becoming gambling addicts. AP With the spread of casino gambling, studies show ...



Las Vegas Sands Rethinks Macau VIP Strategy After Dismissing Jacobs
Wall Street Journal
... with these intermediaries, long a powerful force for driving gambling revenue in Macau, the only place in China where casino gambling is legal. ...

and more »


Panel named to craft final Mass. casino bill
BusinessWeek
Five members of the House and Senate committee named Tuesday back casino gambling. One member, Republican Richard Ross of Wrentham, voted against the bill ...
MA casino bill marches on95.5 WBRU News
Dempsey, other lawmakers work on casino bill behind closed doorsEagle Tribune
Clock ticks on slotsAttleboro Sun Chronicle
Martha's Vineyard Times -Fenway News Online (blog) -Behavioral Health Central (blog)
all 487 news articles »


NY gets $5.5 million for energy-related research projects; Nassau pursues ...
Examiner.com
Instead, Nassau and Suffolk are courting the Shinnecock Indian tribe, which recently earned federal standing after a 30-year battle, to open casino gambling ...

and more »


Online Sports Betting Case Ends In Guilty Plea In Kansas City
Casino Gambling Web
Federal authorities may have a grey area when it comes to online casino gambling, but no such area exists when dealing with online sports betting. ...

and more »


Healthcare, casino gambling petitions come up short
The Detroit News
Groups aiming to expand casino gambling in Michigan also didn't gather enough voter signatures to make the ballot. That means there will be only two ...
Gambling Proposals Fail To Reach Ballot In MichiganCasino Gambling Web
Gambling, health care miss deadlineFOX Toledo Online
Health care and casino petitions fail to collect enough signatures to appear ...Crain's Detroit Business

all 118 news articles »


Casino gambling: What other states are doing, and not doing
The Patriot Ledger
IOWA - No: Bids to expand casino gambling to four locations, legalize sports betting at racinos and casinos, and to end greyhound racing all failed. ...

and more »

Google News

home | site map
© 2006