There is an incredible amount of data that exists in sports. It is important to have an underlying theory to explain why a betting system is successful. Simply being able to answer the question, “Does this system make sense?” can lead to stronger predictions.
Without a hypothesis to test you run the risk of custom fitting your data in an effort to increase a system’s win rate or profitability. Before you start building your system, ask a question like, “Does cold weather really affect points scored?” or “Do teams on the second night of a back-to-back play worse?”Īfter you know the question you can mine the data to find the answer. Sports Betting 101: Winning Bets Can Still Be Bad, Losing Bets Can Still Be Good Read now Start with a betting theoryĪll good betting systems begin with an idea or hypothesis.
