What is Sports Investing?
You may be like I was years ago and had never heard the term “Sports Invesitng.”
Before I learned about sports investing, I was placing a big bet on the game that I knew was going to hit and some more a few other nice looking games.To cap off the day I would place one or two small bets for shits and giggles.
I quickly learned that this wasn’t a successful equation. It is the easy road to becoming desperate and calling a scamdicapper. Sick of losing all the time and taking cash advancements to pay the bookie, I started searching online. I was working nights at a hospital. While some nights were extremely busy, other nights supplied me with more time than I could endure. Some days I thought I would find the end of the internet.
I discovered the internet is littered with sports gambling related websites. Most trying to make a quick buck off of you before their site and worthless information fades away. Others are only sportsbook affiliate farms, offering banners for every possible sportsbook and poker room online. These guys are looking to make money from their players’ losses with out giving anything of value to those that click into one of those sportsbooks.
Finally, while searching for betting strategies, I found certain sites that spoke about something called sports investing. These sites were speaking about betting a unit of their bankrolls and preaching that there is no such thing as a LOCK. This is when I began my education of Sports Investing.
Is sports investing gambling? You bet it is! That’s what makes it so fun.
Sports investing was coined to describe a disciplined method of wagering on sporting events. The principles of sports investing teach you to manage your funds to maximize your profit while minimizing your risk. While nobody can teach you everything, but the The Bettor’s Guide to Sports Investing will give you an in depth look into Sports Investing and explain the strategies that allow you to maximize your profits and minimize risk.
When you first decide to practice sports investing, you must determine what your bankroll is. Your bankroll is the amount of money that is set aside for your season long action. This money must be funds that if completely exhausted will not affect your living situation. Sports investing losses should never interfere with bills you have to pay or any other living necessity
When I first learned of sports investing, I decided to test this theory out. After all the other systems and frauds that I found online, I was a little skeptical. However, this information was pieced together from multiple sources, and never once did I have to fork over one red cent for any other the information.
For my jump into sports investing, I staked myself a $1,000 bankroll. The size of my bankroll directly stipulated the size of the wagers I was going to be placing on my games. This amount is called a unit. The roll of thumb is that a unit equals to 5% of your bankroll. You can use 3%, 5% or even 10%. It all depends how aggressive, or conservative you want to be.
In my case I decided to go with 5%, or $50. Now don’t just go out placing a unit on every game. You have to do research before making your final decisions. My research entails more than watching NFL Countdown and SportsCenter. I use multiple online sites and offline resources before placing my bets. Handicappers and sports investors are known to put 10-40 hours a week into their picks.
After you do your homework and have a short list of games that you feel for one reason or another are the best games on the board, go and place the same unit on every game. By placing this unit on each game, you are decreasing the volatility of the sports investing market by reducing your exposure to the juice that is included on your losing wagers.
When I used to bet more on the games that I thought were sure things, I would end up losing those game while winning the games that I place small bets on for shits and giggles. Most of the time the smaller bets only compiled to the losses by adding to the amount of the big losses.
By placing a unit on 3-5 games that I researched provides me the opportunity to profit by hitting 55-60% of your wagers. If I hit 2 of my 3 plays during to the day games, I am up $45 (using $50 as a unit). If I win the Sunday Night Game, I will up $95. If I end up on the losing side of the Monday Football Game, I am still up $45. If I win I would be up $145 for the weekend.
In that example, I won 3 of my 5 wagers that weekend. That is a winning percentage of 60%. As you can see, if you can average that winning percentage throughout the season, the only thing that limits your profit is the size of your bankroll and unit.
One final rule of sports investing is that you never risk more than half of your bankroll at any one given time. This is a nice oversight rule to have. You should always have enough of a bankroll to fight back if you follow this golden rule.
Just like any hobby, sports investing is not for everyone. I can’t build a masterpiece wooden bench, and some people just aren’t as good at betting on sports as others. While most people lose at sports gambling because they are undisciplined and have no sense of money management, other people are better than others are at picking winners and doing their homework. If you find that you are always losing, you may want to re-evaluate your choice of hobbies. You may be handier with a radial saw.
I speak more about money management as well as how i do my research to find strong plays in The Bettor’s Guide to Sports Investing. You can pick up your copy of The Bettor’s Guide to Sports Investing at a a discounted price or my FREE Gambling Special Report at
www.TheBettorGuide.com. About the Author:
This article was written by Frank Benjamin of
www.TheBettorGuide.com. Frank Benjamin is the author of the popular betting guide The Bettor’s Guide to Sports Investing. Other Related Sports Investment Articles: What is Sports Investing?Sports Investing VS. Stock Investing Sports Investing - An Incredible Way to Generate Income the Quick and Easy Way
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