Why People Are Taking Their Money Out of the Market to Bet on Sports

I know it may sound crazy to a lot of you, but if done properly sports betting can be a much more profitable form of investing than the traditional main stream options that we are accustomed to like stocks, bonds and mutual funds. 

Let me ask you a question.How is the stock market working out for 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 market is performing these days most of the general public are losing money and a lot of it. 

What’s the interest rate that the bank is giving you? 2% or 3% if you are lucky.I don’t know about you, but these numbers really don’t seem that appealing.Now let’s look at an alternative option with betting on sports.

 Since most people don’t look at sports betting as a realistic investment vehicle, most of them end up losing.They wager on games just because they are on TV, bet on their favorite teams and neglect to follow strict bankroll management practices.The goal for today is to show that if done properly, sports betting can be extremely profitable. 

For this example we will use a thousand dollar starting bankroll.Of course you could have more or less, but for this example I will be using $1,000 to illustrate.Now what most people do is bet $100 on 1 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.What I personally do and recommend is never to bet more than 5% of your bankroll on any given game.Sticking with this example your wagers should be no more than $50 per game. 

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, we will say that you will bet on only two games per day and use a very conservative win rate of 57%.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% and you would have profited a total of $280.I’m sure you would agree that 28% returns after 1 month is pretty incredible, but we are not done there.For month 2 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 unbelievable interest rate of more than 1900 percent. 

So let me ask you the question again.Are you still happy with the performance of the stock 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 vehicle.

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