Dispersion in Sports Betting: What, Where, Why?

We all want our bets to be winning. Unfortunately, this is not always the case. At once it is necessary to consider, that the stable prize can give only a long distance. If you play a short distance, then you do not have to count on a significant gain.

This approach does not claim that at a short distance the winnings will be completely absent. This is not true. However, at a short distance, the dispersion, that is, the difference in the fluctuations of money, is much more noticeable. Consider what the dispersion in bets means, and why you need to observe it.

What is dispersion?

If we say simply and briefly, the dispersion is the difference of the two sums. If the difference is small, the dispersion will be low. If the difference is significant, we are talking about high dispersion. We give two series of sums, in the first of which dispersion is low, and in the second – high.

Row 1: 40 41 39 41 42

Row 2: 20 50 70 30 40

To visually see the fluctuations in the monetary amount, you can build a graph of these figures. On the first chart, the line will be almost flat, and on the second it will be broken and curved.

What kind of dispersion should be expected within the limits of the norm if you are betting on sports?

All of us would like to win every day. However, the reality is that usually the lines of luck are replaced by long series of losses. From these observations, one can draw a completely logical conclusion: the dispersion in sports betting is high, and this should be prepared. If you take as an example a game on the stock exchange, you can see that in sports betting the dispersion will be higher by several dozen times (usually from 10 to 30). A short distance gives a high dispersion, but a long distance makes it possible to level this dispersion.

When calculating the dispersion, it is important to know the so-called “law of large numbers”. This means that the lower the rate, the higher the dispersion will be. In other words, the possibility of a major loss is just as likely as a big win. Thus, at a short distance the player feels the dispersion much more. If during a game on the exchange, the dispersion during the day can be 1%, then in sports betting, the dispersion may amount to even more than 10%.

Let’s give a concrete example. Suppose we play an eagle and a deco on a coin. If you throw a coin up 4000 times, then with small deviations we will get 2 thousand – an eagle and 2 thousand – a bar. If you throw a coin 100 times, the result is unlikely to be 50 to 50. Thus, the fewer bets we make, the less likely to win and the higher the dispersion.

How is dispersion expressed in sports betting?

Demonstrate how dispersion in sports betting can be expressed by the example of one of the most popular sports among betters – basketball. One of the most successful and famous NBA players is Dwight Howard. The percentage of his hit three-pointer is 57, 8%. If you take the figures every month, they will be approximately 58%. However, every day the athlete plays differently, and the daily result can be significantly different. Here are some figures confirming this fact:

• 4 of 13;
• 5 of 13;
• 5 of 15;
• 5 of 12;
• 8 of 19.

Also in the history of Dwight’s games were the following results:

• 8 of 8;
• 10 of 11;
• 8 of 9;
• 11 of 13;
• 9 of 11.

If you take a row, for example, four games, then Dwight Howard could score 28 of 58, which is already 48% (10% less than the results of long-distance bets).

Such fluctuations do not mean that the athlete lost his qualification and began to play worse. Just in the career of each athlete there are ups and downs, but when calculating the results for the year, a good amount of goals is scored.

If the dispersion in sports betting is so high, the question is, why bets at all? However, if we compare the profits received on the exchange, it turns out that sports betting can give a 15-fold increase in the bank’s profit! This allows you to make quotes that are significantly different from the stock. But such luck is possible only at long-distance bets.

Is it possible to overcome the dispersion ?

At first glance, the dispersion seems to be something inevitable. However, it is possible to bypass the dispersion if the distribution of funds is correctly planned. In modern betting, there are many financial management systems. When managing dispersion, it is better to use a system known as bankroll management. We will not dwell on it in detail: for this, there are special articles and sources of information. It is extremely necessary not to lose your bank, playing at a short distance.

You can also manage the dispersion if you bet on several sports. In this case, their total number increases. There is a significant difference between a hundred bets or a few thousand. In the second case, the dispersion will be much lower.

To cope with the dispersion, you need to have a corresponding moral attitude. Take it for granted and look for possible moves to reduce the difference in the amounts. If the dispersion becomes the expected phenomenon for you, then it will be easier to cope with it.

Conclusions

So, we found out what dispersion is. This is the inevitable law of sports betting and any exchange policy. The player will never be able to fully cope with it. It will only be possible to reduce the effect of dispersion with the correct distribution of the bank.

If you have a small bank, and you expect to make small rates, you need to remember that such a bank can be wasted rather because of dispersion. Large bets on long distance are much preferable. If you simply can’t afford to risk a larger amount, try at least to find a way to minimize the dispersion.

Sports betting is risky. With an illiterate policy of bank management, you can lose everything at once. Large bets in large numbers should not at all one time take away your entire bank. Select a specific percentage for each bet. Manage your funds correctly so that the dispersion does not catch you unawares.