Have you ever heard the term “Sports Investing” before? If not that is how I was years ago. But learning about these two words turned my betting life around. Soon my gambling hobby became a profitable hobby.
Before I learned about sports investing, I was placing a big bet on the game that I thought were a lock. I would throw a little more on one or two parlays or teasers that I thought had a chance to hit. To cap off the day I would place one or two small bets for shits and giggles.
I quickly learned that this definitely wasn’t a successful equation. It is the easy road to becoming desperate, chasing your loses and calling a scamdicapper.
After a few years of taking cash advances on my credit card to pay the bookie, I was sick of losing all the time. But I didn’t quit gambling, I turned to the internet for a little research. At the time 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 nights I thought I would find the end of the internet.
I discovered the internet is littered with sports gambling related websites. Most trying to earn 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 one night, 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. The beginning of my education had just begun.
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 such as football, baseball, basketball, hockey and any other sport. The aim of sports investing is to maximize your profits while minimizing your risk. As with any form of gambling, there is still risk involved in sports investing. Nobody can teach you everything you need to know to become a profitable sports investor. When it comes down to it, some people are going to be better at picking winners than other, but the The Bettor’s Guide to Sports Investing will give you an in depth look into Sports Investing and explain the strategies of this disciplined method of sports betting that will allow you to maximize your profits and minimize risk.
When you first decide to practice sports investing, you must determine how much money you are comfortable in losing in a season. This money cannot be associated with any living expense, and if completely exhausted will not affect your living situation. This amount that you put aside is called your bankroll. Sports investing losses should never interfere with bills you have to pay or any other living necessity.
I decided to test this theory out after I first learned of sports investing. After all the other systems and frauds that I found online, I had the right to be little skeptical. However, this information was pieced together from multiple sources over months and years.
As I took the plunge into sports investing, I staked myself a $1,000 bankroll. The size of my bankroll directly affected the size of each wager I would place on a game; 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 would like to be.
I decided to go with 5%, or $50 per game. I didn’t just run out and start placing wagers on games like I did before all for the same amount. I started doing research during the season.
Research and preparation is a big part of sports investing. 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 my homework is finished for the week, I have a short list of 3-5 games that I feel, for one reason or another, are the best games on the board. Now I place a unit on each of those games. By placing this unit on each game, I am 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 locks. I would place smaller bets on my shit and giggle bets. But I would end up losing money on the supposedly sure things while winning the games where I place the smaller bets. The small bets would only make up for the juice that I lost on my big bets. At the end of the day, this equation only spells disaster.
By placing a unit on 3-5 games that I thoroughly researched provides me the opportunity to profit by hitting 55-60% of your wagers. If I hit 2 of my 3 $50 wagers during Sunday’s NFL games, I am up $45. 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. But if I win that final game of the week, I would be up $145 for the weekend. Who knows, I might have already called the Monday Night game a no play and walk away a winner 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 rule is a nice oversight rule. You never want to go broke on one group of games. 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. 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 than the sports page.
I speak more about money management as well as how I do my research to find strong plays in my sports betting guide The Bettor’s Guide to Sports Investing. You can pick up your copy at a discounted price at www.TheBettorGuide.com/the-bettor-guide/.
