Sports Betting as an Investment
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Sports Betting as an Investment
Sports betting can be extremely lucrative as an investment. Once we get past all the social stigma attached to it and really look at the numbers, it is hard to deny it as being legitimate. In an effort to show people how I responsibly do it, I've decided to start a thread where I will post all fight picks for free. This way everyone can see it is not a scam or luck but an actual viable alternative. I'll begin with a bankroll of $10,000.
All picks courtesy of RLD Investments
UFC
Fabricio Werdum Line: -305 Wager: $1,171 To Win: $383.93
Boxing
Erislandy Lara Line: -550 Wager: $1,025 To Win: $186.36
All picks courtesy of RLD Investments
UFC
Fabricio Werdum Line: -305 Wager: $1,171 To Win: $383.93
Boxing
Erislandy Lara Line: -550 Wager: $1,025 To Win: $186.36
Re: Sports Betting as an Investment
Awhile back I remember following a betting recommendation site run by a meteorologist. His edge was the ability to predict weather far in advance and he mostly played over/unders in football/baseball. He had a great track record.
Re: Sports Betting as an Investment
I never put the concepts of sports betting and long term investments together. Wonder if I can do some back testing on this... maybe find a way to rationalize a trip to Las Vegas.
Re: Sports Betting as an Investment
I'm eager to see how this turns out. Keep posting.BigWillJr wrote: Sports betting can be extremely lucrative as an investment. Once we get past all the social stigma attached to it and really look at the numbers, it is hard to deny it as being legitimate. In an effort to show people how I responsibly do it, I've decided to start a thread where I will post all fight picks for free. This way everyone can see it is not a scam or luck but an actual viable alternative. I'll begin with a bankroll of $10,000.
All picks courtesy of RLD Investments
UFC
Fabricio Werdum Line: -305 Wager: $1,171 To Win: $383.93
Boxing
Erislandy Lara Line: -550 Wager: $1,025 To Win: $186.36
"All men's miseries derive from not being able to sit in a quiet room alone."
Pascal
Pascal
- Kriegsspiel
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Re: Sports Betting as an Investment
Will, I can take a ferocious beating. We could make tons betting against me in underground street fighting.
You there, Ephialtes. May you live forever.
Re: Sports Betting as an Investment
Is investing very different from gambling anyway?
Re: Sports Betting as an Investment
i may have mentioned it before, but i learned a ton about risk/risk aversion and bankroll management playing no limit holdem online, first in free games and after winning some real money in those, in nickle and dime games. there are definitely some overlaps between investing and gambling, especially the psychology and riskcalculation parts..
Last edited by l82start on Mon Jun 10, 2013 2:33 pm, edited 1 time in total.
-Government 2020+ - a BANANA REPUBLIC - if you can keep it
-Belief is the death of intelligence. As soon as one believes a doctrine of any sort, or assumes certitude, one stops thinking about that aspect of existence
-Belief is the death of intelligence. As soon as one believes a doctrine of any sort, or assumes certitude, one stops thinking about that aspect of existence
Re: Sports Betting as an Investment
Yes, but is there any difference between investing and gambling?
- Early Cuyler
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Re: Sports Betting as an Investment
Good call on Werdum.
You know how I feel about handouts...cash is much more flexible, hell, cash is king!
Re: Sports Betting as an Investment
surprisingly difficult to think of any fundamental ones, other than he nature/rules of the games being played and the difference in the factors that influence outcomes....Reub wrote: Yes, but is there any difference between investing and gambling?
if you have money it is invested in something and every investment is a gamble...
-Government 2020+ - a BANANA REPUBLIC - if you can keep it
-Belief is the death of intelligence. As soon as one believes a doctrine of any sort, or assumes certitude, one stops thinking about that aspect of existence
-Belief is the death of intelligence. As soon as one believes a doctrine of any sort, or assumes certitude, one stops thinking about that aspect of existence
Re: Sports Betting as an Investment
One thing I like to do is to go to Las Vegas right after the Super Bowl.
I bet $25 on the last place team in every division to win the Super Bowl the following year.
It makes the season much more exciting.
I bet $25 on the last place team in every division to win the Super Bowl the following year.
It makes the season much more exciting.
"All men's miseries derive from not being able to sit in a quiet room alone."
Pascal
Pascal
Re: Sports Betting as an Investment
Last weekend was a great one for us. We went 2-0 courtesy of RLD Investments. For those interested in the principles behind their money management, they use the Kelly Criterion and have a calculator on the site. Our starting bankroll of $10,000 is now at $10,570.29. There are 3 picks for tonight, one boxing and two UFC.
UFC
Roy Nelson Line: -245 Wager: $884.41 To Win: $360.98
Dan Henderson Line: +115 Wager: $393.15 To Win: $452.12
Boxing
Mikey Garcia Line: -525 Wager: $1,158.92 To Win: $220.75
UFC
Roy Nelson Line: -245 Wager: $884.41 To Win: $360.98
Dan Henderson Line: +115 Wager: $393.15 To Win: $452.12
Boxing
Mikey Garcia Line: -525 Wager: $1,158.92 To Win: $220.75
Re: Sports Betting as an Investment
After our last set of bets we have a bankroll of $9513.48. We have only 1 bet on tonights agenda.
Boxing
Broner/Malignaggi Over 9.5 Rounds Line: -145 Wager: $413 To Win: $284.83
Boxing
Broner/Malignaggi Over 9.5 Rounds Line: -145 Wager: $413 To Win: $284.83
Re: Sports Betting as an Investment
After last weeks fights the current bankroll is at $9798.31. This week there is only one bet.
Boxing
Gennady Golovkin vs Matthew Macklin Over 8.5 rounds Line: +170 Wager: $587 To Win: $997.90
Boxing
Gennady Golovkin vs Matthew Macklin Over 8.5 rounds Line: +170 Wager: $587 To Win: $997.90
Re: Sports Betting as an Investment
Current bankroll is at $9177.66
UFC
Anderson Silva Line -212 Wager $1,145 To Win $540.10
UFC
Anderson Silva Line -212 Wager $1,145 To Win $540.10
Re: Sports Betting as an Investment
Big Will--BigWillJr wrote: Current bankroll is at $9177.66
UFC
Anderson Silva Line -212 Wager $1,145 To Win $540.10
Were you ticked off about this one?
"All men's miseries derive from not being able to sit in a quiet room alone."
Pascal
Pascal
Re: Sports Betting as an Investment
What happened to these updates? I was enjoying them!
"All men's miseries derive from not being able to sit in a quiet room alone."
Pascal
Pascal
Re: Sports Betting as an Investment
You would have been ahead if you started with $10,000 on 6/8/2013 in a PP...You would now have $9,813...
... and no one gets hurt!...
... and no one gets hurt!...
Re: Sports Betting as an Investment
I really wish this guy would have kept posting.
"All men's miseries derive from not being able to sit in a quiet room alone."
Pascal
Pascal
Re: Sports Betting as an Investment
Maybe you can't post from San Quentin?AdamA wrote: I really wish this guy would have kept posting.

- dualstow
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Re: Sports Betting as an Investment
He was posting with the same name in some other forums. Maybe you can track him down.
HAPPY FOURTH 
Re: Sports Betting as an Investment
Darn - I guess my trip to Las Vegas is off... I was sure it would be different this time... 

Re: Sports Betting as an Investment
I was interested to see how long his bankroll would hold up.
"All men's miseries derive from not being able to sit in a quiet room alone."
Pascal
Pascal