TAKE MY PRIVATE PLAYS
#1....RECEIVE 2-3 COLLEGE /PRO SELECTIONS EACH SATURDAY.
#2....RECEIVE 2-3 PRO SELECTIONS ON SUNDAY
#3....PLUS WEEK NIGHT COLLEGE GAMES & PRO
#4....BEST OF ALL MY 3TEAM PARLAY RELEASE, ONE OF THE INTERNET BEST HANDICAPPING SERVICE
Money Management...(SAMPLE)
Money management is something often overlooked and also something that is vital in being successful at sports betting. In fact there are many good handicappers that can pick games at a high rate of return but they fail to actually pocket anything because they don't have clear program to do so. I am going to attempt to sway those of you that are floundering with this most important part of sports wagering.
BANKROLL
One must have a clearly defined bankroll. A good bankroll is defined as the amount that you have allocated and set aside toward your wagering and not just what you might have in an online book at this very moment. It should be an amount that you can comfortably lose without putting yourself in a bind or changing your lifestyle in a dramatic way. For the sake of this example I am going to pick a bankroll of $5000. Yours might be higher and yours might be lower.
BANKROLL UNIT BET
A bankroll unit bet is simply the amount of money you would wager per bet based on a percentage of your total bankroll. I recommend 1.5% per Unit based on my plays but on average my usual play would be 2 Units or 3%. I will also use that for this exercise. By limiting your average bet size to just 3%, you are in a position to weather any storms that will come your way. Your bankroll is going to flucuate much like the S%P on Wall Street. But the goal is to always see your money make an increase over a period time much like a quality stock will do. My Money Management Plan allows you to do that and also allows you to increase your wagers at safe intervals
Successful sports gamblers view the sports betting marketplace like a business or investment opportunity. How do the "sharp bettors" profit in the long run? How do they get their edge? We look at how professional money managers earn long-term excess returns and how we can apply similar techniques to help us in our sports handicapping.
Some investors seek value by being contrarian investors. Others are momentum investors. Another strategy is to follow the lead of "smart investors" such as successful fund managers or famous investors like Warren Buffett. We'll see what similarities we can find in the sports investing arena. The information on this site is for entertainment and educational purposes only. Use of this information is in violation of any federal, state, or local laws is prohibited. Many will dismiss outright the ability to make good returns on your investment through the medium of sports betting. It is not really surprising as betting is hard work, solitary, and you have to grind out thousands of bets to get your returns.
Of course to many members of society - betting also carries a great big "loser" tag. This is not without justification since the vast majority of sports bettors do lose. I would, however, estimate that the percentage of "losers" would be equally high in the world of stock trading and investment markets if you considered those individuals who entered that environment without the necessary experience. Most people trust their savings and investment income to experts and no doubt if the betting public
trusted their income to the 4% or 5% of betting experts who made a profit - the loser label might become less sticky. SO WHAT KIND OF RETURNS CAN YOU EXPECT?
Generally I have found that sports betting produces bettor,average returns year on year. It is tougher psychologically as you generally act in a lone capacity. No corporate social or support structure, professional team environment. But then no bosses, politics, you know the score. Betting is also virtually recession proof,lets face it only a huge war might disrupt the national sports schedule. Sports markets are not influenced by the economy. You will love it or hate it
It may seem like I’m making comparisons between apples and oranges when talking about SPORTS INVESTING and investing in the STOCK MARKET! But the truth of the matter is, both situations need the man behind the BETS to have made an in depth study, of all of the key statistical data, company employees or team/player personal and their management and ownership and their past performances! Both must usually either show the ability for upward momentum, or show the ability as a whole to fulfill your belief in them as solid proposition at the price being asked!price being asked!
INVESTMENT PLAN
If you have what it takes to be emotionless when it comes to the outcome of games and veiw your sports betting not as gambling but as any other investment you have in your portfolio, then you will be amazed at the huge R.O.I.(return on investment) potential that a smart bettor has. Here is the breakdown of the investment...
First off, you must have a bankroll set aside exclusively for betting. This is your investment. Here's the part that shocks most ameteurs...Picking 55% winners over the course of 1000 plays (an average of 3 plays per day for 1 year) will double your money. Hard to beleive? Not only is it true it also protects you against prolonged losing streaks that are common in sports betting. Let me explain....
55% winners over 1000 plays breaks down as follow...550 wins 450 losses. Add 45 to the losses for the vig and do the math...550-450-45=55 net wins. Since you will be playing over 20 plays per week you don't want to risk more than 2% of your bankroll per game.Let's say your BR is $50,000. That makes you a $1000 per game player. It is IMPERATIVE not to move off of that amount NO MATTER WHAT. That's the size player you chose to be when you made your investment. So after 1000 plays at 55% winners nets you $55,000, more than doubling your investment. See if Meryll Lynch has a mutual fund with that kind of return.
Of course, there is still a risk of losing your bankroll even with this approach. Simply go 50% for 1000 games and you're broke (500 wins - 500 losses - 50 vig = 50 net losses x $1,000 / game =$50,000 loss). Or go 48% over 500 games to be down $46,000 @ $1,000 / game (240-260-26=46 net losses). That's why I must emphasize that it's not as easy as it seems to go 55%-58% over the long haul. The linemaker is extremely accurate in the number he gives the bookmakers. With today's technology it is fairly easy to come up with a "good" number on a game by running recent stats and trends through computers along with injury reports and wheather conditions. All of this same information used to make the line is readily available to everyone online. That's why, as mentioned earlier, we're not conventional handicappers. By toiling over stats and trends you're just rehashing the linemakers work. He already used the same info to make the line that the average bettor uses to pick games..
| 
