Profit from the best bet tips - Basketball Report
Get the best bet tips for basketball events with Sports AI
How to profit from Sports AIs best basketball predictions?
Sports AIs basketball predictions can help being a more successful sports bettor. We can offer you the most accurate and profitable 1X2 tips on the market. In this blog post we're going to take a look at the results that can be achieved with our basketball predictions. For that, we are analyzing the basketball markets from March 1st until April 12th.
Spoiler alert: Our basketball bet tips are profitable with over 10% ROI per bet! If you're interested in the probability of our models for football/soccer, then visit our football/soccer profitability report.
Profit accumulated from betting on basketball matches
Here’s a little example of how you would take a betting decision. Let’s take the match Kennesaw State vs. Eastern Kentucky from the NCAA played on the 1st of March. Sports AIs algorithms predicted a probability of 40.69% Eastern Kentucky winning the match. If you transform the probability to an odds format (1/0.4069) you get fair odds of 2.46. 1xBet for example offered a price of 2.57 for a win of Harris, which leads to an edge of approximately 4.5%. In such a case, it is advisable to bet on this outcome at that price of 2.57 offered by 1xBet.
If you apply this strategy to the period under consideration, then following results would have been achieved.
As you can see in the chart above, the results are very satisfying. With a fixed stake of 100€ per bet, 894 bets could have been placed and a profit of approximately 6.800€ could have been accumulated. In the end, with this strategy, a ROI of 7,65% could have been achieved.
Best betting strategy to achieve the highest ROI per bet
The results above show the results with the following strategy: Bets were placed if an edge of at least 3% was found. The higher the edge needs to be in order to place a bet, the higher the ROI will probably be. That is what we saw in our profit report regarding the football/soccer and the tennis predictions and the same trend is identifiable here too. You can see that there is a slight but distinct positive correlation between the minimum edge of a bet (called threshold on the right side) and the ROI. The downside though, is that the amount of matches meeting the criteria get lower the higher the threshold is set. With a threshold of 8% we were able to achieve a ROI of 17.54%!
Which bookmakers to use with Sports AIs basketball predictions?
The following bookmakers were included in the analysis: Bet365, William Hill, Marathon Bet, Unibet, Bet at home, GGBet, bwin, PariBet and 1xBet.The chart below shows how many betting opportunities were found for each bookmaker. The results refer to the strategy where a minimum edge of 3% was used.
The results show that 1xBet is the best bookmaker to use with our strategy when it comes to the amount of betting opportunities. With 243 bets placed at 1xBet, this bookie takes the lead at this statistic followed by William Hill with 215 bets. At the end of this statistic we will find bet-at-home with only 16 betting opportunities.
At this point, there is no use in comparing the ROI per bookmaker since the amount of bets varies a lot between bookies. That's something that can be analyzed in the future.
Outlook and conclusion
Hopefully this blog post will help you to better understand the potential of Sports AIs bet tips and sports predictions. In future posts other markets and also other sports will be analyzed in order to give you a broader picture of the potential of Sports AIs predictions and bet tips. Feel free to take a look at other topics from our blog like the post on value betting.