5K Documented Picks
I've reached 5K documented picks with a 1.5% ROI on Pickmonitor.com. Nobody else is above 1% ROI with 5K picks. For those that don't know, the ROI is how much you expect to make on each bet. An example: Let's say you bet $100 per game and have a long-term ROI of 1.5%. That means your expectation is to make $1.50 on every bet - doesn't matter if the bet wins or loses. If you make 2500 bets in a year, your annual profit expectation is $3750. About 99% of people who bet on sports have a negative ROI, which means they are long-term losers. Let's consider a guy who bets only standard -110 bets and wins 50% of his bets. His ROI is -4.76%. So he will lose $4.76 on every bet he makes - again it doesn't matter if the bet wins or loses. At 2500 bets in a year, he will lose -$11,900. His winning percentage would have to increase to 52.4% to break even in a year. So what long-term ROI do pro's have? The very best in the world, less than 1% of sports