Racing or sports?
Which sports?
Are you a favourites or underdogs backer?
Like handicaps?
In play? H2H? Multis? Futures? Player performances? Over/under?
Keen to see where people make and lose their money here.
I have only ever been consistently and repeatable profitable on 3 things:
AFL
(Pick your own line multis and always + lines is a big part of it)
NRL (largely due to premiership futures backing multiple teams when their odds drift)
And ironically MLB baseball based on the stats of the starting pitchers.
Where I lose:
Namely everything else because I'm impatient, usually it's because I back favourites in tennis, cricket, NBA, NFL and while my win rate is high, the odds are low so I never stay ahead.
I also dabble in horse racing but it's a mixed bag, one day I'll be up 400 the next weekend give it all back.
Honestly if I had the discipline of patience and staying within my profitable markets I could probably get a 10-15% yearly ROI. But I dont, so I drip lose over the long term because of all the other stuff.
I do wonder if I should switch to a model of backing outsiders that represent a decent chance. At odds of $2-3+ I only need to be right once every two or 3 times to make a profit.
Which sports?
Are you a favourites or underdogs backer?
Like handicaps?
In play? H2H? Multis? Futures? Player performances? Over/under?
Keen to see where people make and lose their money here.
I have only ever been consistently and repeatable profitable on 3 things:
AFL
(Pick your own line multis and always + lines is a big part of it)
NRL (largely due to premiership futures backing multiple teams when their odds drift)
And ironically MLB baseball based on the stats of the starting pitchers.
Where I lose:
Namely everything else because I'm impatient, usually it's because I back favourites in tennis, cricket, NBA, NFL and while my win rate is high, the odds are low so I never stay ahead.
I also dabble in horse racing but it's a mixed bag, one day I'll be up 400 the next weekend give it all back.
Honestly if I had the discipline of patience and staying within my profitable markets I could probably get a 10-15% yearly ROI. But I dont, so I drip lose over the long term because of all the other stuff.
I do wonder if I should switch to a model of backing outsiders that represent a decent chance. At odds of $2-3+ I only need to be right once every two or 3 times to make a profit.