Thursday, December 10, 2009

The Sports Investing Professional - Thursday


Well the last time we all got together the landscape of sports investing online was different.  You could call into The Greek and make a phone wager buying 3 points for -170.   However, the Greek has said "NO MAS"   Now you must buy your points online for a hefty price.

You see, this trend doesn't scare or bother me one bit.  Vegas has very limited point buying and thats been the case for years.   They saw the massive study done on point buying where in the NBA it was determined that 3 points was actually worth -190 so when you get it at -170 it's a steal.  The same study also determined that by offering a 1 point buy the books would actually increase their revenue because the effects of a 1 point buy are actually negative.   So they wasted no time putting themselves in the most profitable position.

The offshores will eventually follow suit.   People who don't understand how to get their edge and just play systems like the one the crook John Morrison stole and promotes....you people are screwed.  Chasers in general are going to be screwed in basketball.    In reality it's probably for your own good because I don't know one professional and I mean REAL PRO who's making their living betting games.....who would ever risk 15 units to win 1 unit on a game 3.   

As the new era of online sportsbetting is ushered in slowly, it's important that all of you learn to manage your money and do it the right way.   There are a lot of good options out there that don't require chasing.      Tod Wilkinson (Platinum Sports Investing Club) was the first to introduce the labourchere to the sports betting world and always has a complete explanation of the Labourchere including any updates that his stats team will make.    You can always check out the latest on the labourchere at:   www.platinumsportsinvesting.com/labourchere.aspx

Chasers usually don't like this money management method because it's "SLOWER" in getting your money back but I've been using it now for about 6 months and my personal bottom line has improved by 20%.

There are other money managment methods that you can use.  Frank Bellanger has a book called bookie buster which offers several options to manage your money.  You can check that out here:  BOOKIE BUSTER

You should always be trying to manage your money better because that is the key.  Sports betting is beatable with our without point buys.  You just need solid information and rock solid money management.   Don't panic everyone, it's all going to be fine.

Today the games stink so I'm not playing but tomorrow I'm looking forward to finding a nice 150+ underdog that will win outright!!!

See you all tomorrow.  Check out the money managment sources I pointed out and prepare yourself in the event that you are not allowed to buy points anymore.

May The Ball Bounce Your Way,

The Sports Investing Professional
Email: thesportsinvestingprofessional@gmail.com
Twitter: tsipro

Record (71-46)

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