Most profitable betting capper
If you are looking for a tipster, you might have come across the problem of estimation of the actual level of his expertise. It will make it easier to find out how much you will win with betting like this capper, tipster or website.
It is not that easy: some cappers count in percent, some – in tenth of percent, others – in terms of money or by a 10 points scale. As a result, it is hard to find a common denominator.
Actually, it is pretty easy to calculate an approximate profitability of a capper (or the ROI). Thus, one may find out who the best capper is.
The algorithm can be used if the stats is considered to be honest, if the number of stakes is more than 500, if handicapper is honest and odds don’t change after his stakes are done.
Look for the bank profit. It is always mentioned somewhere.
Count the average stake. If all the stakes are nearly the same, it is the average stake, if they vary, you’ll have to do a bit of math. Find an approximate quantity, not necessarily a precise one.
Find out the total number of stakes. This number is nearly always available.
Divide the number 1 by the number 2 and you will get the forecast’s profitability on the average stake. For example, the capper gets a benefit equal to ten initial stakes. It means that in the ideal situation for a 20 dollars stake you would get 200 dollars. Usually everything clears up after this calculation.
Dividing the profitability of an average stake by the number of stakes, you will get an approximate ROI. This rate shows how much you will gain from one stake – either winning or a losing one.
Example 1. An inapparently bad capper
The bank profit is 10,000 dollars. An average stake is 1,700 dollars. The number of stakes is 500.
The profit rate is 10,000/1700 – only 6, and one stake brings you only 1.2% of you original stake.
Example 2. An inapparently good capper
The bank profit is 60%. An average stake is 1%. The number of stakes is 500.
This way, the profit rate is 60 (60/1), and one stake brings you 12%. It is ten times more than in the Example 1.
So in this case the capper from Example 2 if the best one.