Bettor Ed Blog

If you're taking the step from recreational bettor to sharp, breakeven percentage is the first number you should know for any bet. This guide will provide clear definitions, correct formulas, worked examples, common traps, and quick mental math so you can use it today.

Sports betting has changed more in the past 25 years than in the 100 before it. While the markets evolved, so did the education. Here’s the progression of the best sports betting books- from the early fundamentals to the modern era.

When the Powerball jackpot climbs into the billions, the first question isn’t just “Should I buy a ticket?”—it’s “Is it actually worth anything?”

The Kelly Criterion is a bet-sizing formula that uses your edge and the odds to recommend how much of your bankroll to wager for maximum long-term growth. It is powerful, but it assumes your edge estimate is realistic and your risk tolerance is high.

Most new bettors stumble on the same problems. Fix these five and you will improve fast.

Futures are difficult for sportsbooks to price and maintain—especially across huge fields like NCAA Division I basketball. That complexity creates mispricings you can exploit with a simple process.

Pros talk about expected value (EV) because it’s the cleanest way to judge whether a bet is profitable. Prospect theory (loss aversion) and utility theory (personal satisfaction) explain why many bettors choose differently—often to their detriment. If your goal is profit, EV should lead.