Is Sports Betting a Real Form of Investing?

Sports betting, as crazy as it sounds could turn out to be a much more profitable way to invest than the traditional methods that we are use to like stocks, bonds and mutual funds. 

Let me ask you this question.How is the stock market treating you? 

Like the majority of people, I’m sure you have experienced some really small returns or even worse suffererd some large losses.With how the stock market is performing now a days most of the general public are losing money and a lot of it. 

How much interest are you getting from the bank? If you are lucky you may be getting a ridiculously small amount like 3%.I’m sure you would agree with me that these options really don’t sound that great.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 place bets on their favorite teams, don’t pay any attention to their bankrolls and wager just because the game is on TV.What I want to show today is that sports betting can be lucrative if done properly. 

Let’s say you start out with $1,000 bankroll that you set aside for sports betting.Obviously you may have more or less, but for this example I will be using $1,000 to illustrate.Now what a lot of people do is bet $100 on one game and maybe another $200 or $300 on another one that they like more.Unfortunately this is much to much to be risking on one game.My personal recommendation is to wager no more than 5% on any game.For this example your wagers should be $50. 

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 NFL football and NBA basketball.For this example let’s use a very conservative win rate of 57% and that you bet on only 2 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% 

What we can tell from these numbers is that your bankroll would have increased by 28 percent and you would have profited a total of $280.I’m sure you would agree that 28 percent returns after 1 month is pretty incredible, but we are not done there.For month two you should recalculate 5% of your new bankroll of $1280 making your new bet amounts $64.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 astonishing interest rate of over 1900%. 

So let me ask you 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%.Any way you spin it, sports investing needs to be looked at more seriously as a realistic 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