When it comes to sports predictions, people often come up with their picks on intuition. Some crunch numbers in their excel sheets, employing more or less reliable methods of analysis. Some are just lucky!… Or are they?
How do you make smart bets without being a math genius and losing sleep with time-consuming analysis? Must you consult some secret oracle with sports betting experts giving predictions based on some hidden knowledge? The truth is, all of us could get better at predicting…
Sports betting has grown in popularity in recent years. Many have won, many have lost their bets (and their money!). The question at the heart of the matter is however still left unanswered: Is sports predicting more art or science?
Trying to bet smart and upper your chances at winning, you can rely on advice from some phantom math genius that crunches statistics in his secret cave in order to reveal it for the world to see on his website… or – you can use the scientific method!
Using scientific method to make smart bets, you don’t need help from a secret oracle, neither engage in time-consuming and difficult analysis. Scientific method is based on data, and what you do with that data.
Statistics, simulation models, behavioral and situational analysis are scientific methods used the most. Of course, having access to some data that others do not have, such as knowing about personal problems in the team, undisclosed injuries etc. will always give anyone an unfair advantage.
Technology has permeated every pore of our society and affected how we do things; sports betting was not immune to its influence either. The modern sports betting systems that emerged recently are based on regression analysis. They made some statisticians famous for their continuous success in predicting the outcomes of sports events, proving that sports predictions can be both logical and consistent.
In conclusion, placing the bet on any sports team, in any game, is not to be viewed as the same as tossing a coin and just crossing your fingers hoping for a win this time! Yes, bookmakers will profit no matter what, but – that’s beside the point.
Why do you think casinos have stayed clear of sports betting so far? Casinos want their guests to play games like slots or roulette, that almost guarantee favorable outcome for the house. Sports betting is too risky for them: those who know what they are doing can really “clean up”.
