Yield is a key factor in sports betting, being arguably the most important coefficient in calculating your profit effectively, more relevant than sheer profit or tips won / tips lost. However, many people are unaware of what exactly Yield is and I have been questioned myself over the years about its meaning. The analysis is really very simple and I will cover it as concise and easy to understand as I can below.
Yield in sportsbetting is nothing else than the return of investment (ROI), showing your exact percentage of profit or losses compared with your investments. It`s dead simple actually – say you bet 10 dollars on odds of 1.50 and win: you will get a total of 15 dollars, from which 5 dollars are your profit. You invested 10 dollars, so your 5 dollar profit means a Yield of 50%.
One simple way to calculate yield is the following formula:
Yield (return of investment) = Total Profit / Total Stakes * 100
Exemplifying our example above with 5 dollars won on a 10 dollar bet, we will get 50% Yield:
5 / 10 * 100 = 0,5 * 100 = 50
Let`s see an example for our current top tipsters and their statistics.
If you want to keep reference of your bets and profits in an effective way, you just can`t do it without calculating the yield. Also, when analyzing or comparing tipsters on betting websites like Betdistrict, it`s important to view Yield as the deciding factor. Of course, other statistics like total profit, picks won and picks lost matter as well – a positive yield will likely be higher if a tipsters has less picks than another, a normal rule of percentages.
Wrapping it up, I want to say that there are many betting tips websites out there who are boosting Yield of over 100% for their tipsters – you will see everybody with 120%, 150% and so on. Do not take that seriously, they are using a wrong formula of calculating the return of investment (surely an honest mistake) which basically adds 100% to the real Yield.
thank you very much for the advise l appreciate thanks
very nice article Rostick
I just hope Roque doesn`t feel I made a negative example out of him :)).
Great article
Hey Xander! thanks!