What Should I do With this Rare Skill ?

[blaksol]

My idea is a book about sports betting. There are some published but only a few that are respected, and even fewer that actually show you step by step how to make money.

I have been betting for the past 12 years. In my guestimation based on contests, forums, picks, etc. I am safely in the top 25 in the world. My specialty is college football where I consistently hit 70% of my top picks against the spread which is unheard of (by those of us that are honest).

Here's the problem: sports betting is not really legal in the U.S. except for Nevada, and I am on the east coast. I do not have the capital to move out to Vegas and start betting $5000 a match. There are a couple of online sportsbooks that have kicked me out (one after I turned $5 into $25,000 in one weekend).

So I figure I can either write a book or try to sell my picks. The problem with selling is the market is saturated, and its saturated with liars and cheaters. The problem with the book, in my opinion, is if it gets REALLY popular, it will actually change the industry rendering it (and my strategies) less effective. This would be fine with me if I sold a million copies and I could use the funds to move into a different business, but I doubt there are even half that many people looking for books on sports betting.

So that pretty much sums it up. Can anyone offer advice?

 

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[oldscool]

I aint trying to troll,but, how can you be in the top 25 in the world and yet cant afford to go out vegas?

 

[Vick]

why don't you just keep doing what your doing, if it's making you money?

 

[blaksol]

I aint trying to troll,but, how can you be in the top 25 in the world and yet cant afford to go out vegas?

I don't mean in terms of how much money I have made, I mean in terms of percentages. For example, the weekend I made the $25k, I had to get it out of the sportsbook as quickly as possible because they are known for locking down accounts. They are off-shore so not regulated. I possibly could have gone to Vegas then, but it was near the end of college football season and I was not confident enough to move into Vegas during basketball season with only $25k. So I ended up spending it on a house. Which wasn't a terrible investment but still the money is pretty tied up. A good bettor stays pretty steady on the bet amounts, 1-5% of your bankroll. I can't have over about $2000 in my book at one time.

 

[smartman]

maybe you could find someone that is willing to move to vegas and you could partner up with them? seems like a pretty lame answer to some honest questions, but it is fairly logical. right?

 

[blaksol]

maybe you could find someone that is willing to move to vegas and you could partner up with them? seems like a pretty lame answer to some honest questions, but it is fairly logical. right?

It is very logical but everyone is so tied down to their job or scared of losing the money regardless how much proof I show them. I have mentioned it to several people that could bankroll me. One of them is still betting on stocks. He's still down over $300,000 from 2000 yet he doesn't see it as a gamble.

 

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[smartman]

what is keeping you from just grinding out 500-1000 a week on several different online sites?

 

[RogueInnovation]

deleted

 

[blaksol]

You KNOW you are being lazy, so stop screwing around!!! Don't curse at the wind!
As my mentor said to me "if its not working, change it", don't tweak it, don't coddle it, don't say "oh but if we give it love!!!", CHANGE IT.

I have defined my system - that's kind of the point. Should I share it with others for a little profit since I can't use it to its full potential.

 

[blaksol]

what is keeping you from just grinding out 500-1000 a week on several different online sites?

Believe it or not, there are only 2 sites left that are trusted to pay U.S. customers now and I have been banned from both of them for winning. They are for "recreational bettors only". There are some good sites out there that won't even consider U.S. customers.

 

[blaksol]

Write out your secret sauce in a page, like a recipe, then don't sell the recipe, sell the bread

Speaking of vague..

 

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[DrkSide]

Write the book (or have it written). If you system is as good as you say it is I don't think you will have a problem selling it with the right marketing.

This takes me back to an old quote: Don't dig for gold, sell shovels.

 

[blaksol]

Write the book (or have it written). If you system is as good as you say it is I don't think you will have a problem selling it with the right marketing.

This takes me back to an old quote: Don't dig for gold, sell shovels.

Looks like I might have to. Do you think I should go self-publish on Amazon, or try to push through affiliates? I have no doubt I could learn good copy if I try, but I can't see being able to get it in front of people quickly.

 

[DrkSide]

Do you think I should go self-publish on Amazon, or try to push through affiliates? I have no doubt I could learn good copy if I try, but I can't see being able to get it in front of people quickly.

I have no clue the route to take. I do know that there are plenty of people on here that do. Just look around and read up on some of the progress threads.

 

[Berters]

I'm guessing you don't have family living in the UK? Plenty of sports betting sites available here.

 

[smartman]

Believe it or not, there are only 2 sites left that are trusted to pay U.S. customers now and I have been banned from both of them for winning. They are for "recreational bettors only". There are some good sites out there that won't even consider U.S. customers.

can new users sign up to hit it and quit it and pull decent winnings out before the site shuts you down? maybe have a bunch of friends all sign up and make bets for you? i'm certainly interested.

 

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[blaksol]

I'm guessing you don't have family living in the UK? Plenty of sports betting sites available here.

Right. I don't know why the US is so picky about it. Should just legalize it and tax it.

 

[johnp]

Write a book. Wrap it up into a nice class. Upsell. Make a shit load of money. I did that for a baccarat book a few years ago. Made 20K in 2 weeks. Same thing as you but probably a harder sell than sports betting.

The problem with the book, in my opinion, is if it gets REALLY popular, it will actually change the industry rendering it (and my strategies) less effective.

It probably won't. I said that a few years ago with my book. People bought it, someone pirated it, hundreds of people read it for free, and nothing happened. Probably because the book sucked and I just didn't realize it.

This would be fine with me if I sold a million copies and I could use the funds to move into a different business,

I would move into a different biz all together. I got out of the whole gambling thing. You end up dealing with people who are in low places. It's not fun.

but I doubt there are even half that many people looking for books on sports betting.

Then charge a lot. I was charging around $315 per copy.

 

[Berters]

Right. I don't know why the US is so picky about it. Should just legalize it and tax it.

Come to think of it, the UK's laws are a lot different with all sorts of speculation, there's no capital gains tax on forex trading if you open a spread betting account.
Is there anybody in the legal profession you can speak to about how you might be able to use UK brokers?

 

[blaksol]

can new users sign up to hit it and quit it and pull decent winnings out before the site shuts you down? maybe have a bunch of friends all sign up and make bets for you? i'm certainly interested.

In theory, yes, but its only going to last a few weeks and really how many friends do you have that would be let you use their drivers license and credit card to do something where the legality is questionable? It could only be during college football season and we might make it to week 6 before we get locked out. Other sports I can make a slow steady profit without even watching a minute of the game, which is nice because they bore me. But college football I enjoy so much its easier to take in so much of what's really happening first hand and not only see the public perception versus the line but actually understand why the public perception is this way and what the likelihood is that it is right or wrong.

 

[blaksol]

Write a book. Wrap it up into a nice class. Upsell. Make a shit load of money. I did that for a baccarat book a few years ago. Made 20K in 2 weeks. Same thing as you but probably a harder sell than sports betting.

So how did you sell that many copies in 2 weeks? Did you have a list to market to already? Clickbank? Amazon? Would really appreciate the tip.

 

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[RogueInnovation]

Speaking of vague..

Changed it for you

I have defined my system - that's kind of the point. Should I share it with others for a little profit since I can't use it to its full potential.

Writing a hit book is not a quick fix way to make money, its a whole other set of skills.

 

[Berters]

Have you ever come across this guy? http://spaces.covers.com/SportsMavin

I found him when I was reading up on binary options a while ago (stay away...really is just betting on the market without any sort of protection). This is his really popular thread: http://www.covers.com/postingforum/post01/showmessage.aspx?spt=12&sub=101510097, are the laws different in Canada?

 

[blaksol]

Have you ever come across this guy? http://spaces.covers.com/SportsMavin

I found him when I was reading up on binary options a while ago (stay away...really is just betting on the market without any sort of protection). This is his really popular thread: http://www.covers.com/postingforum/post01/showmessage.aspx?spt=12&sub=101510097, are the laws different in Canada?

The laws are different in Canada. I use covers quite a lot for certain info but have not read that thread. Hard for me to spot his record at first glance.

 

[gummybear]

Interesting..

There are many statistics gurus who do sports betting. They usually charge $2,000-$3,000 per season for their picks, which they claim is around 55%. Your claim is 70%.

I find it hard to believe that you're 70% accurate against the spread for the past 12 YEARS and can't afford to go to Nevada. None of this makes any sense. You said you made $25,000 and don't have the capital?

 

[brob742]

Rent your house and move to Vegas. Or fly out every weekend during the CFB season to make bets. If you are top 25 in the world, you should have no problem financing those trips each weekend. Right?

 

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[blaksol]

Interesting..

There are many statistics gurus who do sports betting. They usually charge $2,000-$3,000 per season for their picks, which they claim is around 55%. Your claim is 70%.

I find it hard to believe that you're 70% accurate against the spread for the past 12 YEARS and can't afford to go to Nevada. None of this makes any sense. You said you made $25,000 and don't have the capital?

I didnt' say I hit 70% for 12 years. I have the past 3 in college football only. That is my best sport and the games don't happen every day of the week so the opportunities to place bets are limited IF I even had an account now. I am winning in other sports but not like that. I've been learning the past 12 years. I put the $25k as a down payment on my first house. I have a decent job for where I live but I also have huge student loans from the MBA I needed to get a real job in the first place.

 

[blaksol]

Rent your house and move to Vegas. Or fly out every weekend during the CFB season to make bets. If you are top 25 in the world, you should have no problem financing those trips each weekend. Right?

It doesn't seem like you really read half of what I said. If I had $12k cash right now, which I don't, for reasons explained already - I am going to spend $1000 on a plane ticket to Vegas and place two $5000 bets (two big bets is about what I like on a given weekend)? If one of them loses I am out about $3,000. Even the best bettor in the world has a losing day, a losing week, even a losing month. Last year I hit 70% and I had at least 3 weekends where I went 1-1 on my top two bets and one where I went 0-2. If I went 0-2 the first week I would probably regret it.

 

[blaksol]

Interesting..

There are many statistics gurus who do sports betting. They usually charge $2,000-$3,000 per season for their picks, which they claim is around 55%. Your claim is 70%.

I find it hard to believe that you're 70% accurate against the spread for the past 12 YEARS and can't afford to go to Nevada. None of this makes any sense. You said you made $25,000 and don't have the capital?

Can you give me an example of one of these statistics gurus who charges $2000 a season? I know there are a lot of touts, but I am not aware of anyone who actually gets $2000 a season for making legitimately good picks.

 

[brob742]

I am going to spend $1000 on a plane ticket to Vegas

Where you flying from that a RT flight to Vegas is a grand?

Just sounds like a lot of excuses. If you are top 25 in the world you will find ways to make bets and money. If that means changing your strategy from two 5k bets to ten 1k bets, then do that.