It's probably safe to say that posters on this thread don't have equal knowledge about sportsbetting, investing and gambling. No need to digress.
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Free registration at the forum removes this block.No offense but you don't understand what investing is.
Investors don't gamble they bet on sure things. At the end of the day unless you can predict the outcome of the games with a high level of certainty which is impossible or at best illegal you will not build a fortune over time at this.
No offense but you don't understand what investing is. I don't gamble, bet or whatever you want to call it. To me it sounds like your hedging your risk by spreading it over a bunch of bets. That would be a lot smarter and safer than betting on one team to win one game. However at the end of the day even though you can do research on the teams you are not 100% sure what team will win. In other words lets break it down to the most basic, one of your 1k bets on one game. You have at best a 50/50 chance of picking the correct team, maybe with some research you can bump this up a bit. This is actually very smiler to how most people invest in the stock market and, they don't make jack doing it. Its like a labor intensive 401K.
Investing is quite different, when you invest you don't put a dime of your money out until you know you will get a return. The return can very a bit, but you know unless something horrible goes wrong you will get a return. For example when I buy a parcel of property I already know what I can get for a house on it, I won't buy it if I don't. I also know what its going to cost me to build, what the city will let me do, and all the details that can cost me money. So when i write the check for the property my money is already made, I just need to execute. Could things go wrong? Sure, that's life, but not 50% of the time, maybe .o1%.
No offense, but this post came across as very arrogant.
I like it that we talk about betting in general and investment.
But my question was: Where can i find the right people? And how can i talk to these people. I know that i only need one chance with a big investor who give me capital to show him what i can. But its so hard to find such people.
Having exchanged a few emails him with, Wetti is substantially more knowledgeable about investing than you are. You've spent close to 2,000 posts providing little to no value, and showing no interest in learning things you don't understand.(that's 10,000+ minutes wasted just posting nonsense!) Trying to put someone down when you don't even understand what you are talking about is pretty pathetic. You're regurgitating illogical nonsense on things you admit to not even understand, yet instead of learning about it you claim everyone else is wrong but you.
You're that dude . The guy who says people can't do certain things, just because you don't know how to do them. The same type of person who says, "80% of businesses fail, don't start a business. That's way too risky." I'm not going to waste time explaining logic and math to you since you aren't interested in learning and are being a fool, but hopefully for your own sake you wake up and realize you don't know very much, and it'd be more productive to learn, rather than being that dude.
The more I learn, the more I learn how little I know. -- Socrates
I like it that we talk about betting in general and investment.
But my question was: Where can i find the right people? And how can i talk to these people. I know that i only need one chance with a big investor who give me capital to show him what i can. But its so hard to find such people.
This is a serious business, and I'm surprised that you don't read more about professional sports bettors on the Internet -- because professional poker players are now EVERYWHERE.
This thread is fascinating to me!
I'd recommend directing your efforts to investing.
The problem with scaling this business is that you can only sell advice, because you can't set up a mutual fund that invests in sports betting very easily. The problem is the betting limits at the casinos, and you can only bet so much. It's difficult to sell advice, because you've got to convince your customers that you can give them winners consistantly -- and you've got to deliver in order to keep them happy and sending you monthly checks.
I'm by no means a professional, but when I see lines that I think you can take advantage of -- I jump on them. My favorite sports bet was on the NFL a few years ago when 2 high scoring teams came together, and I saw that the weather was going to be hurricane winds at an outside game. The O/U was 52, and I hopped on the under for the max. The total score of the game was around 19, and I cashed big. No way was luck ever involved in that transaction... Just me vs. a lot of people who didn't bother to check the weather report!
Cheers,
- Hakrjak
How about starting a blog revolving around your picks, specifically track every bet that you’ve made and post the bets and the outcomes for people to review. Maybe talk about why you are picking certain bets so you can align people with your thinking. If the blog proves to get traction then perhaps you start charging a subscription. If people are making money on your predictions by betting on what you are suggesting then you will build a loyal following, which will ultimately lead to the investors you may need.
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