As you read this millions of dollars are stake on global scale. People are betting on the outcomes of various sporting events like soccer, hockey, basketball, etc with the hope of winning, improving their financial condition. This is a normal human desire. But the question is, are the betters improving their financial conditions? Available evidence suggest that a vast majority of the betting public are on the losing end and the book making industry continues to expand. What are the reasons for this state of affairs? The main reason for this state of affairs is the forecasting methods of the betting public and a lack of well-defined betting strategy. Lets take a look at this factors one after the other.
Forecasting methods like form analysis, head to head meets and the like lack underling scientific underpinnings and as such cannot produce reliable predictions. Their so called short term advantage are erased by their long term disadvantages. It is not surprising to note that this method is openly publicized by some bookmakers. Come to think of it. No bookmaker in his right senses would publicize a real forecasting method that works. I think this is simple logic. Nobody works against himself.
A second problem facing the typical better as we have hinted above is a lack of well defined betting strategy. The typical better thinks to earn money from sports betting means to bet every day and to bet on every possible event. This is a strategy that is not working and cannot work. Making money betting is a function of prediction accuracy, choice of sporting events and more importantly the knowledge of prediction. The typical better has no clearly defined forecasting technique and as such there arises the problem of betting strategy. In most cases the average better is only hoping to win. This points outs his helplessness and a lack of accurate scientific knowledge. The purpose of this article is to set the better in the right position, arm him with the right information. The aim is to get him winning without losing touch of the betting realities.
From years of research on this topic a lot of bitter truths have become evident. One of these is that a vast majority of sporting events are unfortunately unpredictable. The percentage of predictable events is within the range of between the rate of 20 -30%.
A second truth is that 80% of the predictable events have odds of between 1.3 and 1.7. This is meant as a general guide
The first problem is the prediction methods. A vast majority of the forecasting methods have no underlying scientific basis. A 50-50 sort of thing. That is why what the better may win in the short run is eventually lost in the long run. This is indeed a sorry state of affairs and the better have come to believe that it can't get better. But that's not true. Years of my research in soccer forecasting led to the discovery of the fundamental laws of league soccer which permits a reliable and accurate forecasts of soccer and other sporting events. The truth is that the outcome of soccer and other sport matches can be predicted scientifically. One can earn money from betting but it cannot and should not replace your regular job. There is a reason for this. The reason is that those matches which can be predicted with a high degree of accuracy don't come up every now and then and the odds for such events are generally not high. Using a scientifically founded method like the one expounded in my above-mentioned books the better will be able to recognize such events and make money on such events he should be able to make money. The practice of daily betting is doomed to fail this can be scientifically proven. In any league system from time to time there is a turn up of predictable events.
Forecasting methods like form analysis, head to head meets and the like lack underling scientific underpinnings and as such cannot produce reliable predictions. Their so called short term advantage are erased by their long term disadvantages. It is not surprising to note that this method is openly publicized by some bookmakers. Come to think of it. No bookmaker in his right senses would publicize a real forecasting method that works. I think this is simple logic. Nobody works against himself.
A second problem facing the typical better as we have hinted above is a lack of well defined betting strategy. The typical better thinks to earn money from sports betting means to bet every day and to bet on every possible event. This is a strategy that is not working and cannot work. Making money betting is a function of prediction accuracy, choice of sporting events and more importantly the knowledge of prediction. The typical better has no clearly defined forecasting technique and as such there arises the problem of betting strategy. In most cases the average better is only hoping to win. This points outs his helplessness and a lack of accurate scientific knowledge. The purpose of this article is to set the better in the right position, arm him with the right information. The aim is to get him winning without losing touch of the betting realities.
From years of research on this topic a lot of bitter truths have become evident. One of these is that a vast majority of sporting events are unfortunately unpredictable. The percentage of predictable events is within the range of between the rate of 20 -30%.
A second truth is that 80% of the predictable events have odds of between 1.3 and 1.7. This is meant as a general guide
The first problem is the prediction methods. A vast majority of the forecasting methods have no underlying scientific basis. A 50-50 sort of thing. That is why what the better may win in the short run is eventually lost in the long run. This is indeed a sorry state of affairs and the better have come to believe that it can't get better. But that's not true. Years of my research in soccer forecasting led to the discovery of the fundamental laws of league soccer which permits a reliable and accurate forecasts of soccer and other sporting events. The truth is that the outcome of soccer and other sport matches can be predicted scientifically. One can earn money from betting but it cannot and should not replace your regular job. There is a reason for this. The reason is that those matches which can be predicted with a high degree of accuracy don't come up every now and then and the odds for such events are generally not high. Using a scientifically founded method like the one expounded in my above-mentioned books the better will be able to recognize such events and make money on such events he should be able to make money. The practice of daily betting is doomed to fail this can be scientifically proven. In any league system from time to time there is a turn up of predictable events.
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