Sportsbook betting percentages

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Meaning you can have different win percentages (worse or better) and still win, or lose. One being that there are professional gamblers whose break even point or win rate may differ. There are some exceptions though, that often seem to slip people's attention. Meaning that you need a win rate of more than 52.4% of your bets in order to make a profit (assuming -110 odds). The break even winning percentage of a profitable sports bettor is typically 52.4%. Professional sport bettors rarely sustain long-term winning percentage above 56% and sometimes the lowest win rate of 53 – 54 %. However the difference between the number of sports bets won in the past and number of chronic loss players in today's betting industry was relatively low at this time.

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Many people say that the best professional sports bettors - such as Billy Walters - have won of 58% of their sports wagers.

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