The goal of sports scouts is to earn a profit while enjoying our favorite sport. The sad truth is that for a majority of players this is a tough dream. But by developing and carefully following a stratagem, anyone can make this dream come true.
There are two factors to consider taking advantage of sports games: bet selection and playing field.
The first bet selection is obvious - we need to win back for at least part of the time. Let us consider Horse Racing, anecdotally there are many professional punters who earn a comfortable stay from picking horses, but the keyword here is professional. Research and analysis of each horse in 59 course courses in the UK takes a lot of time and experience. If you want to be successful then it is a full time job! For the majority of us, it means we need to use expert advice to do some of it for us.
Britains horse racing has no end to self-appointed experts on the internet that charges up to $ 100 a month. When choosing a horse racing hint, the most important factor we need to think about long-term results.
The Internet is superfluous with tipsters who have had a good month but then continues to make a loss for the next six - but you will only see this month on their website! Never follow any tips without first checking the complete result history of the tip. Choose a tip star who publishes all their horse racing history, preferably where the results of the tips are published the next day along with a full story of all their tips.
Take a look at a Tipster Proofing website like Racing Index, which marks the results for a number of tipsters. Think about what tips you give for the money and fit your own game profile - can you actually place the 100s of tips every month, do you need some tips?
The following tips are unlikely to earn riches - the best tipsters are locked out for new members or charge such high prices that the winnings are lost immediately. The solution is to develop our own system with the help of expert tips in combination with our own research. This is the strategy that was successfully used in greyhound racing by followers of the site. As with most things; The more you enter your system, the more you come out.
When we have a betting strategy in place, it is time to look at a planning plan. The easiest is Fast or Level Stakes where we simply bet the same amount, for example 2% of our first bet bank, each time on our chosen horse, but we want to increase our efforts as our game bank grows. This leads to Percent Staking where a percentage of the current Beta Bank is wagered each time. This means that we win our efforts are greater and vice versa intersects the efforts when the game bank decreases.
Intuitively, however, we know that these stretching plans are too naive because we would invest as much money on a horse with low odds compared to a horse with high odds. As we seem to maximize the profits, we should invest a larger percentage of a low odds bet, as the return will be less.
In order to find the optimal strike plan, we could take a correspondence course in statistics and spend several years research. Fortunately, we live in an age where this research is at hand. From probability theory we have the Kelly strategy where the optimal proportion of our betting bank is calculated based on odds odds and our own estimation of the likelihood that the horse will win.
Use an online Kelly Strategy Calculator just enter the values to get the percentage of the game bank to put on each horse. Now, the Kelly strategy can give us some scary percentages if we have a first run of high-odds horses so we can adapt it to a Half Kelly Strike Plan where we bet half of the percentage recommended by Kelly Strategy. This would result in a slower accumulation of game winnings but a less hairy ride.