Hello,
I haven't done much betting before and I wanted to ask a question about EPL soccer.
To my understanding there is 38 games per season for a selected team.
I have come up with this strategy and was hoping somebody could find the flaw in this:
You pick a team who you think will do very well e.g. manchester city.
Last year they won 27 games, and had 11 draws/losses total.
Imagine the odds for them winning every game they play is very low, say $1.05.
If I put $100 on them winning every game for the season my outcome would be
Winnings = 1.05 x 100 x 27 = $2835
Losses = 100 x 11 = $1100
Profit = $1735
There must be some obvious flaw that I am not seeing otherwise this would be an easy way to make money, especially if you increased the amount you put in.
Could someone tell me what is wrong with this?
Thank You