Win Percentage Formula:
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The Sports Betting Win Percentage is a metric that shows what percentage of your total bets resulted in wins. It's a key performance indicator for sports bettors to evaluate their success rate.
The calculator uses the win percentage formula:
Where:
Explanation: The formula calculates the ratio of wins to total bets and converts it to a percentage.
Details: Win percentage helps bettors track their performance over time, identify trends, and compare different betting strategies. A win percentage above 52.4% is generally considered profitable in standard -110 odds betting.
Tips: Enter the number of wins and total bets placed. Wins cannot exceed total bets, and total bets must be at least 1.
Q1: What's a good win percentage in sports betting?
A: In standard -110 odds betting, you need about 52.4% to break even. Professional bettors typically maintain 55-60% win rates.
Q2: Does win percentage alone determine profitability?
A: No, bet sizing and odds also matter. A bettor with 50% wins could be profitable with proper odds shopping and bankroll management.
Q3: How many bets should I track for meaningful stats?
A: At least 100 bets are needed for statistically significant results, with 500+ providing more reliable data.
Q4: Should I include pushes in my win percentage?
A: Typically no - pushes are usually excluded from both wins and total bets when calculating win percentage.
Q5: How does this differ from ROI?
A: Win percentage measures frequency of wins, while ROI (Return on Investment) measures monetary profit relative to amount wagered.