subject: Tips on Sports Betting as an Investment [print this page] I still get a kick out of people's reaction when I tell them what I do for a living. When I say that I'm a professional sports handicapper the first reaction is either surprise, expressed by raised eyebrows and a lean back, or confusion, expressed by a furrowed brow and pursed lips.
Whether or not people know and understand my job, or if they just don't have a clue, I usually bring it into focus with the same line:
"It's basically like being a financial advisor, except that instead of investing in the stock market my clients and I invest in the sports betting market."
That usually gets them, because not a lot of people think of sports betting as an investment strategy. Some think of it as entertainment. Some are still narrow-minded and think of it as some vice or waste of time. But very few people think of sports betting as a legitimate enterprise with the goal of making money.
I ask, "why not?" I always wonder why it is that real estate speculation, hedge funds, and general stock market trading is accepted as justifiable while sports betting is somehow seen as notorious or untrustworthy. Even today, just a few years after one of the largest economic crisis in recorded human history, Wall Street is still seen as a respectable place to try to make money. This is despite the deceit, dishonesty, and shady business practices of people the world over. Yet if I were to approach someone and explain how they could earn somewhere between 10 and 30 percent annual returns on their money by sports investing they would look at me like I was some grifter or shill.
People have made and lost several fortunes over the past decade. From the dot-com bubble burst in 2000 to the housing bubble burst in 2007-08 we've seen over and again that speculative markets and even seemingly reliable, traditional investment situations can turn out to be disastrous. While sports betting can be up-and-down it's a very stable market, in that we don't have to worry about historic or uncontrollable "crashes". The fundamentals of investing finding value, patience, long-term goals and vision, a little bit of daring hold firm in my field. And over an extended period of time you can make much more money betting, weathering the wins and losses, than you can through several other investment options.
Whether it is Doc's mastery of college football picks and NBA landscapes, Allen Eastman's amazing "99" NFL Football Betting System, my own excellence in college basketball and baseball, or the steady, multifaceted, and exceptional earnings posted by Strike Point Sports, Vegas Sports Informer and Indian Cowboy over the years, any one of our handicappers is set up to provide an enjoyable investing experience with an incredible ceiling for profit and future dividends.
For instance, Doc's Sports, Strike Point Sports, and I have all produced a profit in college basketball over the last four years. Now, one of us may have a losing season this coming season. But at the end of the day I'm certain that the final profit figures over that five-year period will be substantially more than just about any investment on Wall Street that you could have made over that time.
Sports betting as an investment is a better option than traditional investing methods for a variety of reasons. First, and perhaps most importantly, sports betting is a great investment because of the significant returns that are possible compared to more "established" mechanisms.
Current rates for a $10,000 money market account are in the neighborhood of 0.8 percent annually. A $10,000 cash deposit (CD) will get you a 1.36 percent return over a year or 0.87 percent over six months.
So that means that if you have $10,000 and you want to invest it somewhere you can expect to earn anywhere from $100 to $200 back on it. Compare that to the current baseball season of our own Vegas Sports Informer. Had you been investing with him, at $100 per Unit, which would be the recommended amount with that bankroll, you would be up around $8,600. Now, consider the $795 that you would have paid for his full season's package and here is what you're looking at: spending nearly $800 back and earning back 10 times that amount. That makes it around a 1000 percent return on your initial investment.
Yes, there is always a chance of taking a loss at some point. Again, no different than the stock market. But the difference is that with one of our pros, over a long enough time frame, you are set to earn dividends. And the value is there because there exists the opportunity the realistic opportunity to make an incredible amount more than you would at 0.8 percent.
Although sports betting markets can be a bit more volatile in the short term the sports investing system is exceedingly more stable in the long term. And I feel completely confident recommending sports wagering as a method of investment and making money. And I'll close with a story from my own experience:
Over Christmas I was talking with a close friend about the weak rates she was getting on her CD's. She told me that one of her CD's only produced about $130 in interest over the last year. I looked at her and, completely seriously, told her that she should give me $500 and that I would put it on my top Major League Baseball Betting System the following spring. She laughed and rolled her eyes. But I came back to her in March and asked her again, telling her that I was going to be laying even more than that on the Seattle Mariners under' 85 wins. I explained the math and science behind the pick, and she decided to give it a shot.
Well, I won't ever forget the giddy sound in her voice when I talked to her in mid-June. The Mariners had just blown a ninth-inning lead the night before, leading to Seattle's fourth straight loss and dropping them to 23-38. That put them on pace for just 61 wins (they are presently 36-57 and on pace for 63 wins) and she realized that she was going to be up $500. She was so excited and admitted that this was a lot more fun, and a lot more profitable, than just checking her statements. I smiled and told her, "This is my business."