Is expected value more important than win rate in sports betting?

[cryptoaddictchie]

What do you guys think about this, is win rate really the best way to judge a sports bettor?

Its not a competition or show off but being honest? The win rate of a person on sports betting judges his skills on how to bet properly. Yes I think. Its the only basis where you can judge if someone is good or bad when it comes to that.

For me, this is where sports betting becomes tricky. A winning bet does not always mean it was a good bet, and a losing bet does not always mean it was a bad one.

Do you agree with that? Or in the end, win rate still matters more for you?

Yes partly agreed. We cant judge someone who lose in a good bet ( analyzed properly). A sports bet who focus on gambling dont have biases when it comes to money matter and will only bet what he thinks potentially can win with high rate.

[Questat]

I think what is important is that you end up with profit. There are a lot of terminologies we can use with our analysis, speculation, or whatever, but if you are a gambler who does not profit in the end, you still belong to the losers.

Your goal is different from those who are just playing for fun because you are already talking about value and everything. So you treat gambling, or sports betting to be specific, like an investment where your goal is long-term profit.

[SquallLeonhart]

Winning rate would always be more important to me than the value, as long as the wins are consistent I would likely increase my stake to make more profits. This is way more better than losing out on big odds every single time because it is never assured with gambling but it is near possible with small odds.

I've learned not to be too greedy with my winnings and that has being my drive for more successful betting career. Betting is close to 100% predictable when you size down your risk to the barest minimum no matter the profits you make. A small consistent winnings streak is more reliable than consistent losses with a valued win over time.

Here, things have never been on level because mostly people love to have good profit they never go for having a better ratio because this has never been in their strategy while they are having a return on their investment with profit always works they feel comfortable and enjoy it, but few have a strategy where the ratio also counts.

Gambling for fun never has anything what is the outcome, and how things will work, but people who are always having profit in mind count many things while the ratio is also important for a few because this brings some good for them. Here they can also do their bets big and small, while people who always go for profit also have a strategy; without a ratio, it always has changes for every person.

[Dr.Bitcoin_Strange]

In my opinion, win rate matters. I understand the two kinds of gamblers that you are describing here but as long as these two types of gamblee remain profitable at the end of the day, then it's a good record. Since I started betting till date, I have come to understand different gamblers with different strategies, as long as their win rate is good, that's what really matters to them.

[Royal Cap]

Well, just chasing high odds can cause the win rate to drop so low that if you lose a few matches in a row, you risk losing your entire capital. That can't be called smart betting, it becomes a kind of blind gamble. I would say that a good bettor should have a balance between his win rate and the odds.  Suppose someone can maintain a win rate of roughly 50-60 percent between 1.80 and 2.00 odds, only then can he survive in the long run. It is difficult to make a profit at the end of the day if you leave one out and rely only on the other. So while it is important to maintain a win rate to reduce risk, it is equally important to select the right odds so that that win rate does not cause losses.

[Akbarkoe]

[...]
Do you agree with that? Or in the end, win rate still matters more for you?

The win rate is important but if you always rely on the favorite team I think anyone can, but a person who is good at analyzing even if he doesn't bet on the favorite team he can win more matches that means he is great, I think it needs to be considered in his judgment, meaning the victory in his bet is very meaningful.

We can be objective depending on how the bettor wins the bet because it may not be in accordance with our views even if someone gets a good win, but I agree that losing streaks are a very bad thing.x

[Churchillvv]

Do you agree with that? Or in the end, win rate still matters more for you?

For me there is nothing that beats more wins, basically gambling is structured in a way that losing is very much unavoidable so if you win more regardless of how little it is then compound interest should be your primary concern and how to accumulate more profit through the little profits and that alone beats all big wins and consistently losses for me, infact if I know someone who wins but with minimal profit I will rather stick to their gambling tickets and then take bigger risk with my own capital but still love the fact they have more wins. Nothing beats a consistent win in my diary.

[Bitcoin Smith]

What do you guys think about this, is win rate really the best way to judge a sports bettor?

Because I see a lot of bettors flexing their record, like 7 wins out of 10 bets, 8 wins out of 12, something like that. But sometimes when you look at the odds, most of those bets are very low odds, so the profit is not really that big. One bad losing streak and it can wipe out everything. On the other side, some bettors lose more tickets but still make profit because they take better odds and better value. So maybe it’s not really about how many bets you win, but if the odds you are taking are worth the risk.

For me, this is where sports betting becomes tricky. A winning bet does not always mean it was a good bet, and a losing bet does not always mean it was a bad one.

Do you agree with that? Or in the end, win rate still matters more for you?

I am not a math expert, but I am sure that one can have less win rate and win more rewards than someone who got better win rate and end up less rewards. The odds are real important in sports betting and how can someone win more rewards by going against the favorite, by going against the most players that is how the odd works, and we all know higher risk brings better rewards.

However one can't always go against the favorite, it should be mixed or the better term is balanced, this makes the sport betting a skill from strategical perspective.

[sunsilk]

For me, this is where sports betting becomes tricky. A winning bet does not always mean it was a good bet, and a losing bet does not always mean it was a bad one.

It is really tricky, why we're betting for some sports? it's because we want to win. But losing it also means bad.

I think that there's no further explanation to that, we all want to win and want to avoid losses. There's no value that can return when we lose.

And that's why winning matters. I may not get the whole idea but that's what I think it is with sports betting.

Do you agree with that? Or in the end, win rate still matters more for you?

It's still win rate that matters for me.

[Orpichukwu]

For me, this is where sports betting becomes tricky. A winning bet does not always mean it was a good bet, and a losing bet does not always mean it was a bad one.

Do you agree with that? Or in the end, win rate still matters more for you?

I did not completely agree with you; you describe what's a good bet based on the value of the bet and not how good the game was predicted.

In terms of winning, anyone who really wants to celebrate their winning streak should be able to value it based on the amount lost and the amount won in the number of tickets they are marking as wins and the ones lost if they are still in profit or if the numbers are just a small bounce back not enough to call it a total win.