For the new season which is about to start, I am considering just betting on 1X2 consistently on 1 team only, this is like an experiment, but I realize that no option will completely provide consistent profits, I just wanted to know if this is more profitable than the other options that were previously my favorites.
It's really bad for football, only 3 teams in the last year have managed to turn profitable from betting constantly on them and the margins were so small, it makes little to no sense locking that much money there, with betting constantly on Barcelon, you would have won something like $3 over 38 1$ bets, you would have lsot money with Real, Inter or Bayern.
Losing strategy, no point trying!
I’ve noticed that too, a lot of sportsbooks no longer offer some of those niche markets that used to be fun to bet on. Makes you wonder, right? Maybe it’s because too many sharp bettors were actually winning on them. Bookies aren't in this game to lose, so if a market gives bettors even a slight edge or has a higher-than-expected win rate, they’ll quietly remove it or limit it.
Bookies could simply adjust the rates for it to make it less of a money pit in case people actually won on those options, but as with most things, it's just a matter of people not actually betting on those rather than some secret sauce!
This is exactly the approach someone has to take to find out whether a betting option can consistently profitable or not. @stompix did you collect that data yourself and check the results for that $1 bet per gameday? Or is there some aggregated data source?
When gamblers think they can simply boost their odds by adding a "safe" bet, they would be surprised how often that goes wrong if they did thoroughly go into it.
Profitability in this context is a term that so many get wrong. If you take the $1 example on Barcelona and they deviate from the plan and bet $2 on some games while some other amount on others, it's not the result they are usually looking anymore. You can always turn your profitability into positive with a single lucky bet.
I am sure most gamblers here had a time when they tried multi bets and wanted to figure out whether betting on the favourites will give you good returns or not and I only know one thing for sure, for it has not been profitable although it been fun at times. It is surprising how often you see these favourites fail.
Coming back to Barcelona once more, the first three games they lost were against Real Sociedad in San Sebastian, then they lost at home against UD Las Palmas and CD Leganes. It is neither profitable to bet on the losing them games nor profitable to bet on the winning those games, boosting odds of your multi bet.