Hit Rate

Definition:

In sports betting, hit rate (also called win rate) is the percentage of bets a bettor wins out of their total bets placed. It’s a simple performance metric but doesn’t account for odds or profitability - just how often you’re correct.

They serve two main purposes:

1. Measure the accuracy of a bettor’s picks over time.

2. Provide a baseline stat to evaluate consistency, even though it doesn’t guarantee profitability.

Real-World Example

• A bettor places 100 bets during the NFL season.

• They win 55 of those bets.

• Hit Rate = Wins ÷ Total Bets × 100

  • Hit Rate = 55 ÷ 100 × 100 = 55%

• This means the bettor correctly predicted 55% of their wagers.