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Sports betting in general: Payout ratio sports betting?

Topic created on 30th Jan. 2019 | Page: 1 of 1 | Answers: 5 | Views: 1,796
Horsepower44
Top Member

Payout ratio sports betting?

30th Jan. 2019, at 10:49 am CET#1
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Does anyone know if there are statistics about how high the "RTP" is in sports betting? That there is no prescribed quota is clear, but are there figures about how high the payout is in relation to the stakes? And what are your personal results in this area?

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Anonym

Payout ratio sports betting?

30th Jan. 2019, at 11:41 am CET#2
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There are standard odds for 1and 2 which means a 1.9 for example is 90% RTP


Example with 10€ a 1€ stake
1€ = 1,9 win
1€ = 0 loss
1€ = 0 loss
1€ = 1,9 win
1€ = 1,9 win
1€ = 0 loss
1€ = 1,9 win
1€ = 1.9 win
1€ = 0 loss
1€ = 0 loss


Win Sport Bet 10 return 9,5
Win Roulette bet 10 return 10

This example shows how important it is to have good odds. The better the odds ratio
the less loss

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Horsepower44
Top Member

Payout ratio sports betting?

30th Jan. 2019, at 11:59 am CET#3
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It may be that I have not understood correctly, but in your example I have ne RTP of 190%. Provided that the bet comes.
But that is actually not what I wanted to get at

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Stromberg
Legend

Payout ratio sports betting?

30th Jan. 2019, at 12:31 pm CET#4
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Do you mean what the actual ratio of stakes and wins looks like? For example, the sum of all bets made in 2018 on sports betting at Betsafe compared with what was paid out for winning bets?
I would also be interested...

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Horsepower44
Top Member

Payout ratio sports betting?

30th Jan. 2019, at 12:40 pm CET#5
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Stromberg wrote on 30.01.2019 at 12:31 pm: Do you mean what the actual ratio of stakes and wins looks like? So for example the sum of all bets made in 2018 on sports betting at e.g. Betsafe compared to what was paid out for winning bets?
I would also be interested...

That's exactly what I meant

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Anonym

Payout ratio sports betting?

30th Jan. 2019, at 11:54 pm CET#6
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In sports betting, this is called the "odds key". But it is not directly comparable with RTP, because QS is only a theoretical value. It assumes a perfect distribution of the stakes over all possible outcomes. But this hardly ever happens in real life.

Edit: Removed links to the competition

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