Is Sports Betting a Real Form of Investing?

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

Let me ask you a question.How is the stock market working out for you? 

If you are like the majority of people, you have either seen some tiny returns or even worse some large losses.With how the market is performing now a days the majority of the general public are losing a lot of money. 

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 promising.Now let’s look at the potential that sports betting can deliver.

 To start off, the reason why so many people lose while betting on sports is because they don’t treat it as a legitimate investment vehicle.They bet on games only because they are on TV, bet on their favorite teams and neglect to follow strict bankroll management practices.I want to show today is that sports betting can be lucrative if done correctly. 

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 a lot of people do is wager $100 on 1 game and maybe another $200 or $300 on another one that they like more.Unfortunately this is way too much to be betting on 1 game.My personal recommendation is to bet no more than 5 percent on any game.Using this example your bets should be $50. 

Now some of you may already 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 NFL football and basketball.For this example let’s use a very conservative win rate of 57% and that you bet on only 2 of the best picks per day.Here is what the numbers would look after 1 month.

Starting Bankroll

 

$1,000

Bet Amount (5%)

 

$50

Win Rate

 

57%

Total Games Bet

 

60 (2X30days)

# Wins

 

32

# Losses

 

24

Total Wins

 

8

Juice or Vig 10%**

 

2.4

Net Wins

 

5.6

Total $$$ Won

 

$280

Total % Increase

 

28%

Ending Bankroll

 

$1,280

**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 %.I’m sure you would agree that 28 percent returns after 1 month is pretty awesome, but we are not done there.Now that your starting bankroll for month 2 is $1280, your new bet amount should be $64 which is 5 percent of the new bankroll amount.Sticking with this example and a monthly increase of 28% at the end of one year you would have increased your initial bankroll from $1000 to $19,342 and an incredible interest rate of over 1900%. 

So let me ask you the question again.Are you still happy with the performance of the market? You will still experience great returns even if your win rate drops to 56% or even 55%.No matter how you look at it, sports investing needs to be given a serious look as an investment opportunity.

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