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

[Z_MBFM]

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?

To get something big, you must take risks. Big Odds, like big money, have a high chance of losing money. And there are two types of gamblers here, some only like their winnings and make their viewing experience better by placing bets. They want to increase their excitement and enjoy the game with fun. Again, a group of gamblers aim to make money by betting on sports. Now those who gamble or bet to earn money will definitely choose high Odds because they are ready to take risks but they need big winnings. But those who enjoy the game may not choose big odds because their attitude is only to win and enjoy the game. I actually don't bet much on sports, when I bet, it is only for my favorite team to increase my viewing experience. So at that time I don't really care about the odds, I only bet on the team I support and that amount is very small.

[Findingnemo]

It is the same with both casino and sports betting, you no need to win more wins but all you need is that one big win. So yeah in sports betting, you can have more wins in terms of money even with fewer wins. That is a fact that no one can deny.

Sports betting is kind of complicated to win that big, because it is possible with parlay so you need to win more games all at once, even a single loss will result into a complete loss of your bet amount.

[|MINER|]

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?

Actually in my case win rate doesn't matter even I don't care about the flexing about their winning ratio in gambling even if that is 9 out of 10.
The thing I do care here more that how they were playing their betting, like are they were doing the responsible gambling or irresponsible gambling with the fund they can't afford to lose?
To me, what really matters is whether he is actually taking gambling as entertainment and ultimately getting fun out of it. Because there is no point in counting winnings. It could be that you win nine out of ten bets, but on the next bet you lose everything, including your capital.

[acroman08]

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

It should be obvious that value matters more than just win rate. I mean, if we put that perspective in a dice game, winning 100 rounds with a 1.01x multiplier means nothing compared to winning just once with a 3x multiplier. Gamblers should realise(not just in sports betting) that the value of the bet is important too, not just the win.

[Jubilee58]

Winning more often in gambling is not bad, but when you win more often, and you are not using your wins for something reasonable it doesn't make any positive impact, but regular bet losses with one occasional but significant win can change a gambler,s life for good. Many gamblers are looking for an opportunity to win a life changing bet.
I like targeting huge win, and even though I still gamble on small odds, I hardly gamble without having high expectation. The reason is because when my high expectation come through I can achieve some of my dreams, but with small, and regular not significant achievement can be recorded.

[dezoel]

Sometimes? This depends on what we are talking about. In some situations yes expected value is more important, in some cases win rate is more. Because in reality you are not giving too much info on this.

It would be wiser if you provided two real life examples that we can compare so that we can say which one is better and which one is not. Long story short, nobody should trust each other here on the forum on things like this because it's too broad and we can't judge it beforehand without knowing the exact situation.

[AmoreJaz]

Winning more often in gambling is not bad, but when you win more often, and you are not using your wins for something reasonable it doesn't make any positive impact, but regular bet losses with one occasional but significant win can change a gambler,s life for good. Many gamblers are looking for an opportunity to win a life changing bet.
I like targeting huge win, and even though I still gamble on small odds, I hardly gamble without having high expectation. The reason is because when my high expectation come through I can achieve some of my dreams, but with small, and regular not significant achievement can be recorded.

That is true, at least use some to invest into something worthwhile, even small assets like gold jewelry. Because in times that you need it, you can easily get some money out of it. Because if you will just go back again and bet it, more than likely, you will just lose it all. You can have high expectations, but the next step will be important as to how you will do when it comes to gambling.

[Bright0515]

Honestly, when we talk about winning, I always check the odd because the odd is what actually determines whether you make a profit or not. A gambler can literally get on a very small odd and win a very little amount of money, even though they manage to win up to eight ( times, for the fact tbthat the odd is small, the winning doesn't has much value. On the other hand, they staked a very huge amount of money in the ones which they had lost already.

[Alphakilo]

Expected value is much more important than winning rate because winning rate may be based on how frequently some of a gambler's bet paid off out of all the bets made at the time which of course is a good ego boost to put in more funds, but an expected value depends on the amount of profit made in total that is relative to how much the gambler used in betting in between.
One could win so much but can't recover close to the amount of money and time they used in placing these bets, while a sound knowledge and execution of EV could make one win more money and recover time than they have lost or risked so far in betting on so many odds overtime.

[knuckey]

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

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, I agree with you. Winning isn't the only key in gambling. If you want to increase your assets, you must understand any strategies that might increase them. The focus is on the assets we play with, not the wins we achieve. Those winnings will be wiped out in just one or two losses, but if you have a strategy, a few losses won't affect your assets in any significant way.

[BRINIRHA]

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 agree with this because it could be that 1 bet with sizable odds beats several wins with small odds so win rate is not a guarantee in this case but if it is used as marketing for some people who always want to be in praise or achievement maybe this will be different but for me as long as the odds are better than paying attention to the win rate I prefer to be in something more challenging to win.

Maybe some bettors will see this as an aggressive way of looking at betting but for me it is more fun and we feel more satisfied when we win so for now I prefer to be in parlay bets than singles even though some parlays don't go the way I expect but when I win I feel much more satisfied.