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Thread: ROI of 66%?

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  1. #1
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    Oct 2015
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    ROI of 66%?

    hello, i began sportsbetting this year, at the start i took it seriously but i wasnt having much luck and then i just went to recreational betting, today i went thru all my bets thinking i had lost a few hundred (on a $2,000 bankroll) but it turned out i won $657 overall profit, which from total bets of $985 give an approximate 66% ROI for the year. now ive read online that the aim is for 3% or something, and that doesnt make sense considering what happened this year.
    I have done a few enhanced odds bets but nothing over $100 worth of profit, and havent really been able to take use of bonus bets as i live in South Australia, where we have many restrictions. im not entirely sure how many bets in total ive placed, but it would be around 200. also i mainly bet on AFL so now that its finished im going onto NFL.

    first of all, am i calculating ROI correctly of profit/total bets?

    and secondly, why is it so high?

    thanks for any help

 

 

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