subject: Sports Betting vs. Sports Investing [print this page] SPORTS INVESTING VSSPORTS INVESTING VS. SPORTS BETTING
What is the difference between sports investing and sports betting? Is there any difference in the two strategies or is the former just a fancy euphemism to mask what people are really doing when they placed their hard earned money on the outcome of a specific sporting event? The answer can be explained in the difference between a hole in one and slicing your ball into the water: It is all about the approach!
People who bet/gamble on sports do so while ignoring the historical forces that are in play in every sport. They believe, based upon pride, hope and/or the advice of a "sports handicapper" who is going to win a game because player A is "hot" and another stellar performance is expected this week. Do people make money this way?Yes, some do, butthey do but those that do are much more an example of an exception to the rule than what is the norm. The simple fact is that the vast majority of those who wager on sports, lose their money in the long run. So how does one separate himself from the pack and take control of his financial future?
One answer is to invest in sports and not to gamble. Those who invest do so with three factors in mind:
1. They respect the historical forces at play. The Baltimore Orioles and the Pittsburgh Pirates are the worst teams in baseball. They will lose close to100 games this year. However, that means that they will win about 60 games. Being able to identify the historical forces at play, will greatly help the investor to avoid the 100 losses a year and to focus on the 60 wins and at the same time, take advantage of the favorable odds that will be offered for such an event.
2. As in life, having a back-up plan will serve the investor greatly. Do not place the entirety of your role on one game, no matter how much of a "lock" the outcome of the game is perceived to be a sure thing.That is what gamblers do and that is how they will lose your money. In the same way one buys home insurance in the event of a fire or car insurance in case of an accident, having a back up plan is just good and sound fiscal advice. Do you double up on the next game like those who gamble their money? Or will you do something else in order to recoup100% of yourlosses andstill acquire youroriginally desiredprofit? The choice that you make dictates which of the two above mentioned groups, best identifies you!
3. Investing based upon a proven system will help to take the human and emotional side out of sports investing. To those who will forever gamble, let them continue to lose. Take the road less traveled by simply looking at the same thing but in a different manner and then reap the rewards!
Click on this link if you are serious about making money betting on sports. And remember, I will include my own personal email to help guide you along the way if you should be in need of any extra help. INVESTORSPORTS@HOTMAIL.COM
