Improve Your Skill by Using Statistics When Betting
A common misconception with many a punter claims that statistics is an insignificant factor in sports betting.
Stats Are Important
This, however, can not be further away from truth knowing that statistics and mathematics are basics behind generating a constant profit in sports betting. Luck and skill are the side factors that play a minor role in betting on sports despite it sometimes might seem otherwise.
Even when there is no apparent system to a player’s win, he might inadvertently be using the numbers behind it in his own favour.
New Betting companies in the United Kindom are the first ones that use statistics in sports betting with odds determination, through various statistical tools and segments that give them constant edge over punters in the long run.
Investing some time into making some simple calculations and backing your betting decisions on numbers will help you cut your loses and turn a big corner on your overall betting results over a period of time.
Let’s face it, many punters do not keep records of their bets, never systematically categorise the investment and return and this has been identified as one of the main reasons why we lose in sports betting.
How Do I Use Stats with Sports Betting?
Simple statistics in terms of keeping track of your funds is fundamental and a great place to start building your own statistical system upon. And in terms of betting on actual games, basic statistics are all you really need to develop a smooth-running system.
Simply follow a team’s position in the league for starters, the current form, previous matches and head to head records. These three stats categories can provide a deeper insight that will allow you to make a more knowledgeable opinion on a likelihood of an event and therefore make the appropriate bet.
The more advanced approach would include a number of shots taken during a game which can reveal a team’s favoured style of play or a sheer volume of their attacking potential. A team’s position might suggest betting on them would not be a very good idea but a deeper insight into the current form and a number of shots fired on goal per game might go on to suggest this team of yours is perhaps undeservedly stuck below the expected position in the standings.
Backing aside like this in a game against a low-scoring team should provide a strong case in favour of betting on Both Teams Not to Score, for example.
Stats are Not Infallible
Statistics are there to help you get an edge over a betting operator but will never be a guarantee that your bet will go through.
By digging deep into the stats books you gain an upper hand and a clearer look into a probable outcome of a game, but this – by no means – will mean your selection is 100% true and bound to occur.
There are numerous factors that can influence the outcome of a bet, such as weather, team atmosphere or injuries, which are all aspects of a match that are beyond our reach.