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Posts Tagged ‘football betting’

I know it sounds strange, but the skills needed to building your own house can be used to be successful with sports betting.It is critical to have an action plan, a stable foundation and the perserverance and discipline needed to get past the obstacles along the way.The difference between the losers and the winners are directly related to how well they master these 3 traits.Now let’s have a look at each of the traits case by case. 

THE PLAN – Having a blueprint and action plan are usually the first steps that people take when they want to build a house.Details of the project are outlined to go over all of the details of who to hire, when work is to be completed and costs.This is a very important step to help define and guide the project to completion in a timely manner. 

This is also the case with sports betting.A well thought out action plan is a must if you want to be successful.Just betting for the sake of betting with no specific objective in mind is just asking for failure.By sticking with a proven sports betting system day in and day out, will increase your chances of being successful. 

THE FOUNDATION – Now the building process begins.So what’s the most important step at this point? The foundation.This by far is the most important part of the project once the actual building has started.We have to face the facts and if your foundation isn’t solid then your house will have nothing to stand on.Having a weak foundation limits your building options. 

So what does building a foundation have to do with sports betting? 

Well in short, your bankroll is your foundation and is probably 1 of the main reasons why most sports bettors fail.Most of them fail when it comes to bankroll management which in turn leaves them broke.Your journey to success can’t continue if you don’t have any money.Protecting your bankroll is essential if you want to continue down your path of sports betting success. 

DISCIPLINE & PERSERVERANCE – I don’t know about you, but whenever I buy something at the store that says “Assembly Required” I cringe at the thought.What should probably take ten minutes to complete takes me about 2 hours.How often have you seen tasks taking much longer than expected, broken budgets and missed deadlines? These types of things occur all the time when building a house and need to be included as part of the original game plan.Overcoming these obstacles is very important to ensure project completion and any good project manager knows this. 

What’s the relation to sports betting you wonder? 

Unfortunately even if you are following a proven and profitable sports betting system, you will not win all of the time.It’s virtually impossible to win every game and anyone that says that they can is simply lying to you.There will be losses and there will be losing streaks, but if you stick to the proven system you will be successful in the long run.During these losing streaks what happens to most is that they end of quitting or increasing their wagers to make up for the previous losses.This approach will have your bankroll foundation crumbling very quickly.It is important that you stay focussed and stick with the plan.These losing streaks are all part of this sports betting roller coaster ride. 

To Learn more about how to be a profitable sports bettor, you can grab a FREE copy of my Ebook: “Sports Investing Secrets – How to Turn $1,000 into $1,024,000 in Less Than 5 Years Betting on Sports” by visiting my website http://www.1stopsportsinvestors.com

I know it may seem crazy to a lot of you, but if done properly sports betting can be a much more profitable form of investing than the traditional main stream options that we are accustomed to like stocks, bonds and mutual funds. 

Let me ask you this question.Are you happy with the way the stock market is treating you? 

If you are like most, you have either seen some tiny returns or even worse some serious losses.With how the market is performing these days most of the general public are losing money and a lot of it. 

What’s the interest rate that your bank is giving you? 2% or 3% if you are lucky.I don’t know about you, but these options really don’t sound that appealing.Now let’s look at an alternative option with betting on sports.

 To start off, the reason why most people lose while betting on sports is because they don’t treat it as a legitimate investment vehicle.They place bets on their favorite teams, don’t pay any attention to their bankrolls and wager just because the game is on television.The goal for today is to show that if done properly, sports betting can be extremely lucrative. 

Let’s say you start out with $1,000 budget that you set aside for sports betting.Your bankroll could obviously be different, but to illustrate I will be using $1000.Now what most people do is wager $100 on one game and maybe another $200 or $300 on another one that they like more.Unfortunately this is much too much to be risking on one game.What I personally do and recommend is never to bet more than 5% of your bankroll on any given game.Sticking with this example your bets should be no more than $50 per game. 

Now some of you may or may not know this, but to break even with sports betting you need to win 52.4% of your bets using the 11/10 offered on the most popular sports like football and basketball.For this example let’s use a very conservative win rate of 57% and that you bet on only two of the best games per day.Here is what the numbers would look after 1 month.

**Juice or Vig is the % that the online sports books keeping for taking your bets. Usually 10% 

After reviewing the numbers from this conservative example you can clearly see that you would have profited $280 and increased your total bankroll by 28 percent.With an increase of 28% after only one month, I’m sure you would agree that these are incredible results, but we are not done there.Now that your starting bankroll for month two is $1280, your new bet amount would be $64 which is 5% of the new bankroll amount.Sticking with this example and a monthly increase of 28% at the end of 1 year you would have increased your initial bankroll from $1000 to $19,342 and an astonishing interest rate of over 1900%. 

So let me ask the question again.How did the market do for you? Even if you drop down the win rate to 56% or 55% you will still have exceptional returns for the year.Any way you spin it, sports investing needs to be looked at more seriously as a alternative investment vehicle.

If you would like to learn more about how to be profitable with sports betting, you can grab a FREE copy of my ebook: “Sports Investing Secrets – How to Turn $1,000 into $1,024,000 in Less Than 5 Years Betting on Sports” by visiting my website at http://www.1stopsportsinvestors.com