Sports betting has been allowed in France for almost 10 years now. Whether on the side of bookmakers or tipsters, the constant rise of this market pushes every actor to become more professional. It is in these circumstances that terms such as ROC or ROI, historically associated with the financial sector, are emerging.
Precious indicators, they allow accurate analysis your profitability, the aim being to have a reliable tool allowing constant monitoring of your performance.
What is ROI and ROC? How do we calculate them and how do we use them? We're telling you more right down there!
The ROI and ROC in sports betting: definition
THE KING :
The ROI (Return On Investment) or Return On Investment is, as its name indicates, a tool for measuring profit, i.e., the return on investment.he ratio between the amount of the bets and the realized surplus.
In the field of sports betting, ROI proves to be a fundamental data allowing you to accurately measure the quality of prognosis. To make it very simple, if your ROI is positive, this means that you have realized profits.
It is important to note that the analysis of a ROI in sports betting only makes sense from a number of bets, based on data partly conditioned by chance. Otherwise, the rate of change will result in such a large variation that it will be difficult to accurately analyze the ROI of a tipster.
To summarize : the more data analysis is on the long term, the less the changeover rate affects the data and the more reliable ROI is.
The OCR :
In the field of sports betting, The OCR (Return On Capital) or Return On Capital, corresponds to the relationship between your profit and the amount of your bankroll.
Here, the bets generated are not counted in the calculation. This process seeks to highlight the benefit achieved in relation to your initial budget. This indicator simply allows you to analyze the evolution of your bankroll relative to your initial capital.
Decrease, increase, stagnation: The ROC in sports betting, unlike ROI, sets the picture of your profits without worrying about how they were generated.
There is a wide range of tools to identify tipster performance. Our web application offers statistical media designed to synthesize the prognosis of all our certified prognosticators. Head to the Tipster page: a filter will sort them according to your preferences. For the rest, you only have to analyze their profiles.
ROI and ROC in sports betting: how to calculate them?
Calculation of ROI :
- Theory :
The formula for calculating ROI in sports betting is as follows:
(BENEFIT / CUMULATED) x 100 = ROI
- Practice :
Admit that you have realized a €200 profit for a capital of 1500 euros, and this via 5 bets including the cumulative investment corresponds to 500 euros.
The calculation is therefore as follows:
(BENEFIT / CUMULATED) x 100 = ROI
(200 / 500) x 100 = 0.4 x 100 = 40% ROI
This means that you have achieved 40% profit on all your cumulative bets. For 500 euros committed from a capital of 1500 euros, you have generated a profit of 200 euros.
Calculation of OCR :
- Theory :
To calculate the ROC of your sports bets, the formula is as follows:
(BENEFICES / CAPITAL) x 100 = ROC
- Practice :
Your profit amounts to 150 euros for a capital of EUR 1000.
Under these conditions, your ROC amounts to:
(BENEFICES / CAPITAL) x 100 = ROC
(150 / 1000) x 100 = 0.15 x 100 = 15% ROC
Of your total capital (1000 euros), you made a net profit of 15%, or 150 euros.
ROC and ROI: What use?
Professional tipsters, amateurs in search of professionalisation, punctual bets: the usefulness of ROC and ROI in sports bets does not stop at a particular profile. Each actor can find in these indices a reliable means to analyse accurately the sums committed, the rate of change of its Bankroll, the profit achieved, etc.
Betters wishing to rely on prognosis professional tipsters have a greater interest in using all the means available to them to accurately target the quality of the profiles. Thanks to the ROI and ROC calculations, committed sports bets are subject to in-depth analysis, allowing for uniform transparency among all bettors.
Beyond allowing quality monitoring at the level of your reference tipsters, ROI and ROC simply allow you to accurately track the relevance of your bets and committed bets. The goal is also to give you a macroscopic view of all your sports bets in order to facilitate their management.
