Tag Archive: closing line

Let's be frank, betting on sports is not easy. You have to contend with the bookmaker's betting lines as well as their juice. So, when you do manage a win, it's important to know whether the positive result was down to your skill or simply down to good luck. Yet how can you tell? Well, for a start you need to start collecting historic betting data and then analyse the numbers. Discard any outliers including bets won r lost against huge odds. Then take a close look at how variance plays a part.