How to succeed at sports betting?

>>1652970
>gambling

It's tough. Money management is the key. Most sports betters are degenerates trying to double their bankroll every weekend.

>>1652970
>Doesn't understand statistics

>>1652970
Put it all on Tom Brady

>>1653008
I watch the stats all the time and try to base all my bets by them, yet I still can't catch a break.

>>1652970
If given three options: a, b and c.

then the bet, should be
x dollars * a^(b*c) on a
x dollars * b^(a*c) on b
x dollars * c^(b*c) on c
where the sum of the three lines above is your betting total.

You don't.

>Gambling

Fuck off you degenerate, I hope you lose everything.

>>1653950

Are you fucking retarted? If A B C represent the subject you don't put the same variable into the equation.

Bet as close to game time as possible for the most accurate odds
Bet 20% of bankroll max
Bet on matches that only have 2 possible outcomes-win or lose.
Don't bet on sports where a tie is common (hockey, soccer etc).
Odds for the favorite should be under $1.10, odds for the competitor should be over $10
Don't get greedy, be patient and just grind.
Never bet on the best of a bad lot, if there are no goods bets, wait
Repeat
Profit

>>1652970
Same way you succeed at just about everything. Study people who have made it. Read books about it. Research teams, key injuries, historical trends and have disipline when it comes to managing your bankroll. Or you can bet it all on red.

>>1654554
>Bet as close to game time as possible for the most accurate odds
not always true. Sometimes you'll get better odds if you act sooner before the rest of the public has weighed in
>Bet 20% of bankroll max
>Bet on matches that only have 2 possible outcomes-win or lose.
>Don't bet on sports where a tie is common (hockey, soccer etc).
that's why there's odds
>Odds for the favorite should be under $1.10, odds for the competitor should be over $10
>Don't get greedy, be patient and just grind.
>Never bet on the best of a bad lot, if there are no goods bets, wait
True. Sometimes you have to sit out a week or two.
>Repeat
>Profit

>>1654143
Insert the odds of a, b or c. Let's say with two variables, to make it simpler for you:

Odds of a: 1,2
Odds of b: 10

Gives:
100 * 1,2^10 = 619
100 * 10^1,2 = 16

You bet 625 total. 619 on a, 16 on b.
If a happens: +$117 = +18%
If b happens: -$425 = -68%

b is easy to calculate, it will happen 10% of the time, since its inverse function gives 10, which are the odds.
a will happen 90% of the time.

$625 * (1+0,18)^90 * (1-0,68)^10 = $21 000, is the mean of a hundred tries, which really isn't that hard, with all the current events. Just utilize a bot, and use different online casinos at the same time, so that they don't see the hedges.

You know people make a living off this, right?

BRM, find value, use bots, arb, create and test models, get a line of new bubblegum bookies going (friends, family etc..)

>>1654554
>Odds for the favorite should be under $1.10, odds for the competitor should be over $10

Oh my word, if you want to lose money fast just follow this guy's advice.

>>1655928
yes. but all that matters is if your expected value is lower than the price offered.

>>1652970
>I watch the stats

That's your problem m8. You need to learn python and sql and take a few data science courses before sports betting becomes anything other than gambling.