When it comes to sports predictions, people often have their picks on gut feeling. Some process numbers in their Excel sheets, using more or less reliable analysis methods. Some are lucky!… Or not?
How to make smart bets without being a math whiz and losing sleep over time-consuming analysis? Should you consult some secret oracle with sports betting experts who give you predictions based on some occult knowledge? The truth is that all of us could get better at predicting…
Sports betting has gained popularity in recent years. Many have won, many have lost their bets (and their money!). However, the question at the heart of the matter remains unanswered: does sport predict more art or science?
If you’re trying to bet smart and increase your chances of winning, you can rely on the advice of a ghostly math genius who crunches statistics in his secret cave to reveal to the world on his website…or you can use the scientific method!
Using the scientific method to make smart bets, you don’t need the help of a secret oracle, or engage in difficult and time-consuming analysis. The scientific method is based on data and what is done with that data.
Statistics, simulation models, behavior and situational analysis are the most widely used scientific methods. Of course, having access to some information that others do not have, such as knowing personal problems in the team, undisclosed injuries, etc. it will always give someone an unfair advantage.
Technology has permeated every pore of our society and has affected the way we do things; sports betting was not immune to its influence either. Modern sports betting systems that have emerged recently are based on regression analysis. They made some statisticians famous for their continued success in predicting the outcomes of sporting events, proving that sports predictions can be logical and consistent.
In conclusion, betting on any sports team, on any game, is not the same as flipping a coin and just crossing your fingers hoping to win this time. Yes, the bookies will benefit no matter what, but that’s beside the point.
Why do you think casinos have stayed away from sports betting until now? Casinos want their guests to play games like slots or roulette, which almost guarantee a favorable outcome for the house. Sports betting is too risky for them – those who know what they are doing can really “clean”.
