Betting Experts Answer: Best Sport To Bet On? | PART 2

Welcome to the 8th question in our series: “Betting Experts Answer The Industries Biggest Questions.”

Nowadays, you can bet on just about everything from Football to Esports to Table Tennis and so on. So, we asked 12 experts the question:

Q8: Is there a best sport to bet on? If so, why?

Check out Part 1 of our answers here, where we get the opinions of odds compiler - Jeevan Jeyaratnam, author - True Poker Joe, Toby Aldous from Punter2Pro, and the host of the Business of Betting Podcast.

Check out Part 3 of our answers here, where we get the opinions of former odds compiler - Matthew Trenhaile, Pete Ling from Smart Betting Club, Nenko from the Church of Betting, and football trader - Alex Ong.

SPANKY - PRO SPORTS BETTOR & HOST OF BE BETTER BETTORS

“Best” is subjective. I’m pretty sure I said this earlier but lower limits mean the sport is easier to beat betting. That also means you will get kicked out faster. Higher limits mean the sport is tougher to beat but you will last longer. We try and find a balance where we mostly bet major sports but we sneak in a few off the wall events here and there.

Spanky's set up

Follow @Spanky on Twitter & check out the article The Ringer wrote about him here.

JOSEPH BUCHDAHL - SPORTS BETTING ANALYST

That depends on whether you want to maximize the chances of success or maximize the chances of making a living from betting. If the former, then it's best to choose niche sports where you have a greater chance of knowing more than the bookmakers' modelers and traders. Unfortunately, because bookmakers will know less about these sports they will also limit the amount you can stake on them, hence limit your profits. If the latter, then it's best to choose sports with high turnovers and where there are opportunities to place many bets (to reduce the influence of bankroll variance), like football, NBA, NFL, and possibly tennis. However, because bookmakers know more about these sports, and other bettors do too, these markets are more efficient, hence harder to make profits

Follow@12Xpert on Twitter & check out the 12Xpert website here.

RYAN BRUNO - OWNER OF SMART SPORTS TRADER

I would say whichever sport you have or can get the biggest edge in, Would be the best sport to bet on. Obviously more popular sports will allow you to get larger bets on (NFL EPL etc). But on the flip side, they are likely to be much harder to beat.

Then you have smaller markets, for example, the Polish second division football. Which you might be able to crush for a very high ROI but getting decent-sized bets on will be a challenge.

So I think the answer to "Is there a best sport to bet on?" is going to vary vastly from person to person.

Follow @SmSportstrader on Twitter & check out the Smart Sports Trader blog here.

STEVE - OWNER OF DAILY25

The best sport to bet on is the one you have an edge on. If you are starting out, it's best to look at smaller leagues and more obscure sports/markets as these are the most likely to have inefficient markets. As you won't be betting a lot of money, you should be able to get on as well. You can give yourself an edge on these markets by finding or creating your own data sources.

If you are betting larger sums you need to be betting into major leagues. I've found the American sports are less efficient than the larger football leagues.

Follow @Day25 on Twitter & check out the Daily25 blog here.

Check out Part 1 of our answers here, where we get the opinions of odds compiler - Jeevan Jeyaratnam, author - True Poker Joe, Toby Aldous from Punter2Pro, and the host of the Business of Betting Podcast.

Check out Part 3 of our answers here, where we get the opinions of former odds compiler - Matthew Trenhaile, Pete Ling from Smart Betting Club, Nenko from the Church of Betting, and football trader - Alex Ong.

Love getting the opinions from experts in the betting industry? Then subscribe to the Trademate Sports Podcast, where we interview the most important people in the sports betting industry.

Here are the other questions we have got our industry experts to answer so far:

  • Q1: Top 3 tips for betting beginners? Part 1 & Part 2.
  • Q2: How do you define “finding value” in betting markets?Part 1 & Part 2.
  • Q3: How do you determine whether your betting results are based on luck or skill? Part 1, Part 2 & Part 3.
  • Q4: Kelly criterion or flat staking: Which stake sizing strategy do you consider to be the best and why? Part 1, Part 2 & Part 3.
  • Q5: What is the best method to use to make money from sports betting? Part 1 & Part 2.
  • Q6: How difficult is it to beat the sports betting markets? How efficient are the odds? Part 1, Part 2 & Part 3.
  • Q7: How to manage risk when betting? Part 1 & Part 2.
  • Q9: Assuming you have an edge, at what point can you start accurately evaluating your results and say that variance has played out? Part 1 & Part 2.
  • Q10: What is the one thing you would like to see change in the gambling industry? Part 1 & Part 2.
  • Q11: Do you think emotions play a part in people's sports betting results? If so, how should they overcome this? Part 1 & Part 2.
  • Q12: What are the top 3 mistakes people make when betting? Part 1, Part 2 & Part 3.

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