Use our bet simulator to visualize the variance associated with sports betting, size your bets properly, and analyze your results.
All these questions and more are answered by our Bankroll Simulator built by professional bettor/ DFS player SportsProjections (@Sports__Proj on Twitter and sports-projections.com)
This powerful simulation based tool helps you visualize the variance of sports betting. This is important because the biggest mistakes every beginning bettor makes stem from underestimating how much variance there is in sports betting.
A question I get asked a lot is “how many bets do I need to make to know if I have an edge?” the answer is “it depends”
That question prompted this tool
The simulator will ask you for a few pieces of information
• Odds you are betting
• Fair price of the bet
• Bankroll
• Number of bets you want to simulate
• Number of simulations you want to run
• Kelly or Flat betting (advanced)
And then the simulator will show you how much you won/ lost on each simulation along with some other metrics like:
• Average p&l
• Biggest win
• Biggest loss% of simulations you won money
• % of simulations you lost money
•Biggest winning streak
• Biggest losing streak
Each piece of information helps you better understand the role that randomness plays in sports betting.
Check it out for free!