Spoiler… It’s taught me that I can select profitable bets. In fact I have discovered that I can get an ROI (return on investment) of 12%.
What does this mean? – Well if I place a lay bet of £10 (liability of £10) I will on average get a return of £11.2, or I get a profit of £1.20 per bet.
OK, £1.20 is not going to make much of a difference in your life, let’s face it it’s not even a cup of coffee at Starbucks. However if you are confident that you will get a 12% ROI over a long period (remember I get this number from over 135 bets), and that 85% of all bets will win – yes I have this stat too 🙂 – you can start to increase your stake size.
Can you afford £100 bets? Well that would return £10.20 per bet. Still not life changing but if you place one bet per day for a year that will equal an extra £3723 per year. Interesting… What could you do with that much money each year, how about go on a fantastic holiday?
OK, say you are a bit more adventurous. Say £1000 stakes per bet adventurous. Well some simple maths shows us that that would result in £37230 per year profits.
OK, £1000 per bet is a lot to stake, but there comes a time when the data makes you feel comfortable, or at least as comfortable as you can be staking £1000. If after a whole year of betting we are still seeing an ROI of 12%. I for one will be happy to trust this data.
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