Why sports betting is working in the stock market?

I know it may sound crazy to many of you, but if done correctly, sports betting can be a much more profitable form of investment than the traditional options we’re used to like stocks, bonds, and mutual funds.

Let me ask you this question: How are you doing in the stock market?

If you’re like most, you’ve seen some small returns, or worse, some big losses.

What is the interest rate that your bank gives you? 2% or 3% if you are lucky. I’m sure you’ll agree that these options really don’t sound that great. Now let’s look at the earning potential that sports betting can offer.

Since most people don’t see sports betting as a realistic investment vehicle, most end up failing. They bet on their favorite teams, pay no attention to their bankroll, and bet just because the game is on TV. What I want to show you today is that sports betting can be lucrative if done correctly.

Let’s say you start with $1000 of funds that you set aside for sports betting. Of course, you could have more or less, but for this example I’ll use $1000 to illustrate. Now what a lot of people do is bet $100 on a game. and maybe another $200 or $300 on another game they like better. Unfortunately, this is too much to bet on in one game. What I personally do and recommend is to never bet more than 5% of your bankroll on any given game. with this example, your bets should not be more than $50 per game.

Some of you may already know this, but to break even with sports betting, you need to win 52.4% of your bets using the 11/10 offered on major sports like football and basketball. the NFL. For this example, we’ll say you’ll be betting on only 2 games per day and using a very conservative win rate of 57%. This is what the numbers would look like after 1 month.

Starting funds $1,000

Bet amount (5%) $50

Win rate 57%

Total Game Bet 60 (2X30 days)

#win 32

# losses 24

Total wins 8

Juice or Vig 10%** 2.4

Net earnings 5.6

Total Money Earned $280

% total increase 28%

Final financing $1,280

**Juice or Vig is the % that online sportsbooks keep to accept your bets. usually 10%

After reviewing the numbers for this conservative example, you can easily see that you would have made a profit of $280 and increased your total bankroll by 28 percent. With a 28% increase after just 1 month, I’m sure you’d agree that these are incredible results. , but we are not finished there. For month two, you must recalculate 5% of your new budget of $1,280, making your new stake $64. Continuing with this example and a monthly increase of 28% at the end of 1 year, you would have increased your initial bankroll from $1000 to $19,342 and an incredible interest rate of over 1900 percent.

So let me ask you the question again: How did you do in the stock market? Even if you reduce the win rate to 56% or 55%, you will still have exceptional returns for the year. Any way you look at it, investing in sports needs to be considered more seriously as a realistic investment opportunity.