Don’t gamble... Invest!
“Investment opportunities are like trains. If you miss one, just wait. Another will be comin right around the corner”
Howdy steemers! I’ve been investing in sports since around mid NFL season 2012. I’ve spent countless hours and have made more costly mistakes than I’d like to admit to get where I am today. I’ve scaled my initial $300 investment into an average monthly income of over $5,000. I’ve chosen to do this while maintaining a full-time day job that I love. Anyhoo, I’ve recently changed up my general approach to my investing. Instead of a more sporadic unit based betting style, I’m focusing on a compounding approach which involves less bets per day for a set % of my bankroll. It didn’t take long with a compounding calculator or piece of paper to realize that if I win 55% or more of the time and bet 5% of my bankroll each time, I will be very very happy in a fairly short amount of time.
I’d like to share my personal plays on the daily, or at least when I have the time to share. This is a simple mission with simple goals.
Firstly, the main goal is to win 52.4% or more of given bets (preferably much higher :)
Secondly, bet a flat % of your bankroll (say, 2%) on all bets and scale up gradually if at all.
Thirdly, and most important, be ok with losing. To be successful in sports betting you have to look at it like investing, plain and simple. Fluctuations will happen. You can lose 48% of your wagers and still rake huge profit in the long run. Be patient.
practice diligent bankroll management, stay long-term minded and you’ll stay in the green!The second approach I would recommend would be to take an ABC Progression approach to your bets. This is what I’ve done the majority of my sports investing career with good success but like I said, I’m trying something new. The ABC Progression would be to place an A Bet (say 2% of your bankroll). If that A bet loses, Multiply that bet amount by 2.1 and place that as your B Bet. If B Bet loses, multiply that bet by 2.1 and Place a C Bet. If C bet loses, cut your losses and start over with another A Bet. As long as you’re an ok investor and can win 1 or 2 out of 3 bets, this will be a successful betting strategy.
MY INVESTING RULES TO LIVE BY!
- Never invest what you can’t afford to lose.
- Never chase loss beyond your means.
- Win 53% or more of the time! For the magic of compounding.
- Have fun with the process, work hard and always learn from your losses.
SATURDAY - 5/13/2017
MLB PICKS:
Cubs @ Cardinals - Cardinals ML @ -109 odds
Mariners @ Blue Jays - Score in the First Inning? YES @ -135 odds
Braves @ Marlins - Over 9 @ -105 odds
Reds @ Giants - Over 8 @ -115 odds
Phillies @ Nationals - Over 9 @ -105 odds
NEED A BOOKIE?
These are the two I use most.
I’m in the U.S. and I don’t live in Vegas so I’m somewhat limited when it comes to bookies.
These two are very trusted, payouts are fast and easy and most importantly, THEY BOTH ACCEPT BITCOIN DEPOSITS AND PAYOUTS!!! :)
BetDSI.eu - http://w-as.com/?Da52S (My referral link)
Great interface, easy to navigate, excellent customer service, fast payouts & ok live betting options. ACCEPTS BITCOIN.
Bovada.lv - https://www.bovada.lv/welcome/P489B95F/join/?extcmpid=rafcopy (My referral link)
Ok interface. A little difficult for me to navigate but most I talk to love it. Good customer service, excellent live betting options, fast payouts & ACCEPTS BITCOIN.
Cheers and good luck my friends :)