A good strategy in sports betting utilizes a lot of data, statistics and analysis, based on this information interesting information regarding profitability is the sports on which you choose to bet is obtained. It is not part of the pay per head services to determine in what sport bets must be placed but you should know the differences between each sport before making such a decision.
To analyze this data, we’ll use some numbers that were researched a while back by one of the better pick trackers around. They looked at the home teams in a large number of games from 2012 to 2014, and figured out how much a bettor would have made on average if they had laid down bets of $100 on each one of these games at the time that the lines were charging the least amount of juice in between their opening lines and closing lines. It is highly unlikely that a bettor would ever manage to beat the closing line on every single game like this, but this will still provide you with an idea of how profitable each sport can be.
As part of our pay per head services PHN offers the largest sports betting offering in the industry, with over 80 leagues, in this article we will cover the most popular leagues.
First of all, let’s look at basketball and football. In each sport, college bets seemed to offer greater profitability. In basketball, college bets returned an average profit of $5.19 per every $100 ventured, whereas this number fell to $4.16 looking at NBA games. Bets on college basketball games were also more frequent, with a sample size of 3604 compared to the NBA sample size of 1634.
For college football and the NFL, the sample sizes were 969 and 592, respectively. Again, the sample size was much larger for college games. In addition, NCAAF games returned an average of $6.52 compared to the average of $4.24 from NFL games.
The MLB and NHL were not nearly as profitable as these sports. MLB bets had sample size of 2269, which you might notice is larger than the sample size of NFL games, NBA games, or college football games. The average return per $100 ventured was only $2.99, less than half of the return for college football games.
The sample size for NHL bets was 739, which is again higher than that of pro or college football. The average return, however, was only $2.50, making it the lowest of any of these sports.
When you bear in mind that these numbers were taken with the assumption that $100 was risked on each bet, these numbers seem especially low. However, bear in mind that these numbers were not figured with the assumption that the hypothetical bettor would win every play, merely that they would always bet the home team. So you can potentially expect greater returns, but that does not mean that one sport is not still technically more profitable than another. This simply gives you an idea of which sports are most popular for bettors, and which ones offer the greatest potential ROI. Try our superior Pay Per Head Service? Sign Up Today and Get 2 Weeks Free.
