Fans of sports know that
betting on their favourite events makes the action significantly more exciting
due to the higher stakes. While you may already consider yourself as somewhat
of an expert on your favourite sport, one way by which to improve your
established skills is to analyse the statistics present in sports and then use
them to bet. Not only can this make your betting more accurate, but once you know
how to analyse data from one sport, you can apply it to others too. The best way to get started is to find a betting guide with statistical explanations to understand in-depth how it works but in
this article, we will provide an overview of the statistical analysis in sports
betting to get you started.
What is Statistical Analysis in Sports Betting
Statistical analysis takes
a closer look at the realities of the games in a numerical value. When you have
watched sports in the past, you will see a little infographic on the screen
that details the stats of the game. For example, this might say the number of
touches a player has had or the team's possession. While most people may just
glance at them and then forget about them, those who want to take sports
betting seriously should not. These stats give you a much larger insight into
the game. Using these statistics, as well as the hundreds of other statistics
you can find elsewhere in the sports world, will give you a much better
knowledge of how the action is developing and will continue to develop over
time. With the use of this, you can make better informed and more accurate
bets.
How Can I Use Statistical Analysis?
Statistical analysis can
pinpoint more precisely the outcome of sports bets and help you make more specific
bets. The result of this is that you can bet bigger payouts by placing money on
bets that have higher odds. The way this works is that while it is easy to bet
on one team who are in much better form than their opponents winning the match
between the two, the odds and payouts will be fairly low.
The real money comes in
when you place on more specific elements of the game. For example, one team
having more possession over a period of time, betting on the area of a pitch
where one player will score, or betting on the number of cards a player will
get. The outcomes of these may sound incredibly hard to predict but the fact
is, the answers can be found in the stats. By analysing a team or players stats
over the course of a season or even a couple of months, trends will start to
appear and by using these trends, you can place bets on these outcomes.
The more stats you analyse,
the more accurate they will become. While they still can't guarantee perfect
results every game, if you analyse a large enough amount for a long enough time,
they will eventually payout.
Where Can I Find Stats to Analyse?
These stats that can be used are available in many locations across the web. One of the places you can find them will be news websites. Many of these will have a sporting section that will detail a long list of different stats that have been accumulated over the course of a season. Another similar option would be to find the official website of the sport, league or association you are hoping to bet on. Many of these may also have historical data to browse through if you want to generate a wider reach of stats over a longer period of time. If you want a closer look at one team or player, then their own website can provide you with more specific results tailored for that participant in the sports. At online sports betting venues, they also offer statistics and as you can bet on these sites too, they enable the quicker transitions between analysis and stats – although they may not have all the stats you need. Combining a few of the stats and then analysing them together would be the best option for you.
