how high of "ROI" would be considered good

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Rx Wizard
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doesn't always bring down the rate if the rate is in the negative.:103631605
 

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ice man said:
doesn't always bring down the rate if the rate is in the negative.:103631605

It does if you don't hit the middles and you keep paying the vig.

That is besides the point though - the bottom line is that term "ROI" makes gambling sound like a business, and probably makes people feel less guilty about it.
 

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seems to me makeing less bets and winning a higher percentage is a lot saker than makingtons of bets. forget the vig for a moment. lets take a typical sunday nfl 16 games for the weekend. now you all have differant methods pts,fumbles,runs passes what ever. then i assume each catgory gets a rating
now if there are 16 games normal distribution might be 2 terrific games 4 average+ 4 average games 4 below average and 2 dog games to bet on. so arent you better off betting either 2 or 6 games as opposed to betting10 games. dontthe additional games create breakeven at best situations. one o theguys i know who is a dime better has strong medium and average plays. at theend of the year the average plays are around 52% breakeven. when i ask about why bet those the answer i get is i did the work and they might click. this all relates to theearlier discussion of 500 bets with a .14 roi or 1500 bets with a .05 roi. its sort of like options if your a writer. better percentage short term more dollars long term also more time for things to go wrong long term. so i still think picking best games and betting more might just make more sense?n o. Good luck all the real bottom line is how much is left on dec 31. heart222
 

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heart222 said:
seems to me makeing less bets and winning a higher percentage is a lot saker than makingtons of bets. forget the vig for a moment. lets take a typical sunday nfl 16 games for the weekend. now you all have differant methods pts,fumbles,runs passes what ever. then i assume each catgory gets a rating
now if there are 16 games normal distribution might be 2 terrific games 4 average+ 4 average games 4 below average and 2 dog games to bet on. so arent you better off betting either 2 or 6 games as opposed to betting10 games. dontthe additional games create breakeven at best situations. one o theguys i know who is a dime better has strong medium and average plays. at theend of the year the average plays are around 52% breakeven. when i ask about why bet those the answer i get is i did the work and they might click. this all relates to theearlier discussion of 500 bets with a .14 roi or 1500 bets with a .05 roi. its sort of like options if your a writer. better percentage short term more dollars long term also more time for things to go wrong long term. so i still think picking best games and betting more might just make more sense?n o. Good luck all the real bottom line is how much is left on dec 31. heart222

It is different for each person - that is why you need to track your plays.

For example, I LOSE all of my best plays and WIN a lot of my good plays. There were times I would have a winning record and actually lose money. So, these days, I do not make large plays - and you could translate that into saying, "I don't differentiate between plays"

For someone else, it could be different. That is why every person has to see what works best for him.
 

MrJ

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This one is obviously from a while ago ;)

My opinion is any positive ROI is a good ROI. Higher isn't necessarily better - I'd prefer 3% ROI for 10 bets than 6% ROI for just 2.
 

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