Long term gain in the world of sports betting is not predicting the result of the games. If we exercise guesswork and bet on the player we think will win no matter what the price, this is the road to ruin. The correct strategy is to try to estimate the probability of an outcome better than the market.
This leads to the following question; ‘How is it possible to estimate the probabilities better than the market?’ The Sportyy strategy is based on four pillars.
- Relevant Information. If we have access to quality information prior to the event about a team/player we can better analyze how the result of an event may be affected. Knowing the most up to date information about fitness, injuries, motivation, type of game, surface (in tennis) etc. is vital if we are to carry out the best analysis possible.
Admittedly, much of this information is publicly available but gathering it together requires dedication and takes a lot of time. At Sportyy we subscribe to paid information services as well as monitoring Facebook, Twitter and the players blogs. Our analysis is very comprehensive and fast so we have all the relevant public information to allow us analyze a game quicker than the rest of the market including the bookmakers.
- Statistics. We meticulously maintain databases that help us estimate probabilities associated with different sporting events. Winning in this business is only possible by using, not ignoring, statistics. Again, our job is not to guess, it is to estimate probabilities.
- Viewing of Games. Watching games on TV or the internet can provide additional information which cannot be obtained solely from analyzing statistics which can sometimes be misleading. We try to watch as many games as we can and if it is not possible to then receive qualitative information (not just statistics) about the game.
- Experience. Finally, quality information, statistics and the viewing of matches are all available to the public but Sportyy saves you the work and analyzes these factors for you. In addition, we provide one very important factor unavailable to the public, the experience of having placed thousands of bets over many years and the excellent results we have obtained.
However, the work does not end there. As important as making good estimations is, we must have a good system of money management and thus avoid putting too much money on a particular wager. More information here.