What affects the efficiency of betting strategies

We all know that surebets guarantee bettors 100% profit, with relatively small risks of losing funds. This fact in itself attracts many players to work with this betting strategy.

But what prevents bettors from receiving a consistently high income with other strategies? – you might reasonably ask.

Here, several factors can get in the way of players, which we would like to talk about in more detail in this article.

So, many game systems can lose their effectiveness for the following reasons:

• Margin of bookmakers
• Lack of luck
• Desire to get even
• Wrong choice of bookmaker

Now that we know the main “stumbling blocks”, let’s talk about each of them in more detail.

Margin of bookmakers

If bookmakers really assessed the chances of two equally probable outcomes, then the odds for them would be 2.0. This, without a doubt, would make the game more profitable according to some betting strategies.

Let’s take as an example the popular strategy “bookmaker middles”. Let’s say we have offers on the total number of goals scored in a basketball match from two bookmakers (BC1 and BC2).

BC1: TU (211.5) – 1.90 and TO (211.5) – 1.90.

BC2: TU (216.5) – 1.93 and TO (216.5) – 1.93.

It is quite logical that here we place bets (for example, €100) on TO (211.5) in BC1 at odds of 1.9 and on TU (216.5) in BC2 at odds of 1.93, since a middle of 5 points is formed between the outcomes of 211.5 and 216.5.

If, as a result, 212 to 216 goals are scored in the match, both of our bets will win. Otherwise, only one of our bets will win, and we will receive either 100*1.90 = €190 or 100*1.93 = €193.

If you’ve already resolved the problem with margin by creating your own odds monitoring service – you can simply improve it by sports betting api from OddsMarket and not worry about getting the best odds. All the necessary data will be in your disposal.

Thus, we lose 7 or 10 euros from our bank precisely because of the bookmaker’s margin. Moreover, in this example I have indicated not such a high margin, and with the bookmaker’s odds of 8-10% guaranteed profit, it will be extremely difficult to get a profit from this strategy over a long distance.

In the case of middles, however, there is a caveat that you can bet on positive (overvalued) middles. They allow you to get a small income regardless of the result of the event.

However, they are much less common than regular corridors, and in this example I just wanted to show how the bookmaker’s margin can affect the effectiveness of a particular betting strategy.

Lack of luck

In the vast majority of financial betting strategies, a lot depends on your luck, because if the series of failures drags on, it will be complicated to return even to the initial value of the bank, let alone get into the plus.

In addition, do not forget about the limits on bets set by bookmakers. So, it is typical to increase the size of the subsequent bet with each loss, and, ultimately, this can lead to the fact that the bookmaker simply will not allow you to place the amount necessary for the next bet.

Let’s take, for example, the same strategy according to the Martingale method, which assumes that the bettor must increase the bet after each loss so that in case of a win, he will recoup all previous losses in this series (for example, 2-4-8-16-32-64-128, etc.)

Let’s say you start operating on this system with €5, but your bet lost 11 times in a row. In this case, the amount of your 12th bet will be equal to €10,240 (5-10-20-40-80-160-320-640-1280-2560-5120), and not every bookmaker will allow you to place that much!

And, since we’re on the subject, probably not every player will have that kind of money!

Desire to get even

One of the main problems when working with any betting strategy is the player’s desire to win back a protracted losing streak.

In this case, the bettor can deviate from the rules of the strategy, increase the bet amount unnecessarily, and make other mistakes.

All these mistakes can ultimately lead to far from the most pleasant consequences in the form of a significant loss of funds.

Wrong choice of bookmaker

If you use one of the betting strategies to earn money from sports betting, you need to initially take care of choosing bookmakers to work with. Firstly, you should choose a reliable bookmaker that will not pocket your money.

Secondly, you need to pay attention to bookies with high betting limits. It is also important to consider the fact that some bookmakers cut accounts not only for surebettors, but also for many ordinary players.

When you’ve already chosen the list of reliable bookies to work with – it arises a need for monitoring the odds in some way.

Of course, it’s not a problem if you already created your own software for comparing odds based on live xml feeds by OddsMarket. Otherwise, it will be quite hard and time-consuming to find a suitable solution.

Conclusion

Today we’ve considered the main factors that can affect the efficiency of many betting strategies. Of course, many of them could be eliminated by choosing the correct system (like surebets), but you still need to pay attention to choosing reliable bookmakers to operate with.