When talking about sports betting, people automatically think of chance and luck as the main components and their knowledge of a certain match or a specific league. These elements influence the final result of the bet, but historical statistics and their analysis are other essential factors for the construction of good predictions on 22 Bet. That’s what we will talk about in today’s article, so let’s get started!
Statistics in sports betting are just as vital as prior knowledge and information about a team, match, or league.
WHAT ARE THE STATISTICS IN BETTING?
When we talk about statistics in betting, we refer to the study of the most relevant data obtained from a team, player, league, etc. That can be interesting for our bets.
Statistics are the compilation of historical data that accumulate over the years on different aspects of a team or competition and provide valuable information for forecasting decision-making.
To give some examples of relevant data, we could name the average number of goals that a team scores per game: the fouls that it usually commits, the times that it wins at home, or even more specific. The percentage of success in penalties that He has as his center forward.
Once the elements that may seem useful to us have been selected, we work to obtain statistical data that allows us to create an even clearer image of reality and to be able to use it in our favor in our forecasts.
WHY ARE STATISTICS IMPORTANT IN BETTING?
Information is power. This maxim is valid for any area of life, so sports betting is no exception. Any information we have about a match will help us to be able to decide better and see if a bet has value or if it is better to let it pass.
Suppose we have a statistically studied team with verified data repeated after a long time. In that case, we will draw conclusions and deductions about what will happen in a match and bet on it. This methodology will help us in our long-term betting strategy, and if we apply the trends detected in the statistics well, we will surely achieve long-term profitability.
IS BASED ONLY ON STATISTICS ENOUGH TO BE PROFITABLE?
A professional or semi-professional bettor will always rely on statistics to complete the process of creating their predictions. It is a key piece, and a tool that bettors must use to substantiate better what we anticipate may happen.
But when asked if we can be sure of becoming profitable with statistics, the answer is probably not.
Even though it is an essential tool in sports betting, working only with statistics without paying attention to the additional information obtained from a match is inadvisable since it means wasting very valid knowledge.
A profile of gamblers whose strategy is based exclusively on statistics is a valid option. These methodologies require an excellent analysis for long periods to obtain reliable data to obtain performance. They are strategies that need a large volume of bets, providing long-term profitability but with a lower average yield than other betting strategies.
We must expand the range of available information sources to be more effective and efficient in making decisions before launching a forecast or bet. Each game is unique. There are unique circumstances that must be used in our favor, (such as a last-minute withdrawal, the form of a certain player, the dynamics of a team, or the pressure for the possible dismissal of a coach). If all the factors at our disposal are properly used, we will have more options to adjust the shot well and take advantage of the opportunities that may arise.
So we can say that statistics are not decisive but highly necessary. Therefore, there is no winning formula. You have to combine the information obtained from an event with the previous statistics of that match.