Winning percent

[WileOut]

Just curious about this. For those of you out there that know about this stuff, those of you who know pro sports gamblers. What would you guess would be the highest winning percentage ever acheived over the gamblers lifetime? I'm talking about a pro gambler, of course many have retired at 100% after going 2 or 3-0 or something like that.

I'm talking about somebody who gambles weekly. Also what is the average winning percentage amongst professional sports gamblers? If you don't know for sure then take a guess if you are educated about this stuff.

So 2 questions. Highest percent ever acheived by a pro sports gambler, and average winning percentage amongst all pro sports gamblers. Just give me the percent for betting all sides, no ML's or RL's. I realize that pro gamblers bet ML's and stuff too but for the purpose of this inquisition lets just stick to sides and totals. Nothing over say -115.

[SlickFazzer]

54-56% (-110) ATS lifetime is the best you will EVER see.

Probably closer to 53-54.

And you must get the best numbers.

[rm18]

No pro should hit over 56%, if you do you are not betting enough volume

[WileOut]

So you guys are saying that no pro has ever hit over 56% for his gambling career?

[SlickFazzer]

Lifetime, i would highly doubt it.

[rm18]

So you guys are saying that no pro has ever hit over 56% in his lifetime?

I am saying that pros could hit 57% but they would have to ignore many 53% and 54% winners that would make them money but drive the percentage down.

[WileOut]

Not even those so called computer group guys and that guy Billy Walters who had a computer that gave him winners? Nobody ever over 56%, wow.

rm I'm not talking about what could be done, I'm talking about what has actually been done.

[rm18]

Not even those so called computer group guys and that guy Billy Walters who had a computer that gave him winners? Nobody ever over 56%, wow.

Walters probably could go 60-40 for a year if he wanted every year., but much better to go 550-450 or something like that.

[SlickFazzer]

Not even those so called computer group guys and that guy Billy Walters who had a computer that gave him winners? Nobody ever over 56%, wow.

rm I'm not talking about what could be done, I'm talking about what has actually been done.

Here is an article about Walters and his group. At the bottom they talk some numbers, not winning % but more about ROI.

http://www.offshorebettor.com/images/COMPUTER.htm

[Nicky Santoro]

rm has all the right answers...

billy walters can even go 63-37 if he wants, but will only have 400 games a year or so..

but he will hit 55% in his sleep and play 6,000 games a year..

think of it this way.. if he plays 400 games a year and goes 63-37 at 1k a game, he makes just under 100k a year.

if he plays 6,000 games a year and goes 55-45 at 1k a game, he makes about 300,000 a year

so what's better?


games that are off by about 1.5 pts will hit close to 55%.. when he plays a total over 181 and knows it should be 185 to 187, he knows it's roughly 62%, but not too many like this everyday..

so overall, he will hit close to 55% over the 6,000 games..

[rm18]

Here is an article about Walters and his group. At the bottom they talk some numbers, not winning % but more about ROI.

http://www.offshorebettor.com/images/COMPUTER.htm

based on the ROI they hit about 57% over 5 years I think

[WileOut]

Billy Walters is skinnier than I imagined. I pictured this big man that could break somebody in half.

Not that Mr. Walters couldn't break somebody in half lol.

[WileOut]

rm has all the right answers...

billy walters can even go 63-37 if he wants, but will only have 400 games a year or so..

but he will hit 55% in his sleep and play 6,000 games a year..

think of it this way.. if he plays 400 games a year and goes 63-37 at 1k a game, he makes just under 100k a year.

if he plays 6,000 games a year and goes 55-45 at 1k a game, he makes about 300,000 a year

so what's better?


games that are off by about 1.5 pts will hit close to 55%.. when he plays a total over 181 and knows it should be 185 to 187, he knows it's roughly 62%, but not too many like this everyday..

so overall, he will hit close to 55% over the 6,000 games..

But he would put a higher percentage of his bankroll the higher the win rate right?

[Justin7]

But he would put a higher percentage of his bankroll the higher the win rate right?

At a certain point, a pro bets the same on all games. You simply can't bet as much as you want and get a good number.

[Dark Horse]

Walters probably could go 60-40 for a year if he wanted every year., but much better to go 550-450 or something like that.

This is true. But be careful. As quickly as people can say or write that, and as convincing as it may sound, the step you describe is not a leap, but a gradual expansion. Say you have a true edge in 200-300 games per year and hit 60% for a number of years. That doesn't mean you're ready to jump to 1000-1200 games. Every percentage point given up is a percentage gained by the book; that's 2 percent edge lost. (Let alone the question if it's really worth the extra work).

Every type of bet requires a degree of specialization. Books know this. That's why they offer a whole candy store of bets. They know that many bettors will hit their 'specialized' bets, but will give it right back on the candy bets.

For the record, Walters may have hit 57% for many years, but he started out as a loser in gambling. So technically his lifetime percentage would have to be considerably lower. The important point to remember about Walters, in my opinion, is that he made up his mind that he was no longer going to lose, but was going to win instead.

[jjgold]

I am sure there are spot pro bettors that make like 20-40 plays a year that hit a high percentage. I thought Lem Banker was a spot pro bettor?

[SlickFazzer]

I am sure there are spot pro bettors that make like 20-40 plays a year that hit a high percentage. I thought Lem Banker was a spot pro bettor?

Lem is washed up, never hear of him anymore.

[WileOut]

Good information in here thanks for the input guys.

[JRS21386]

I think the best of the best can hit 60% easy.. I mean if you really think about it, it's all about discipline... The best of the best will go a week sometimes without playing anything until that "right" game comes around... With smart money management and discipline you can go a long way

[sofun]

why are Pro gambler have to bet 6,000 game a year, no no,
my guest is Pro gambler bets less than 400 game year, but those 400 they would hit around 70% to 80%. if you bet every game in the market is call a rookie or poor money management. not a pro any more

[donjuan]

The best of the best will go a week sometimes without playing anything until that "right" game comes around

Anyone who does that is clearly not "the best of the best" when it comes to actually making money. Volume is the +EV bettors friend.