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When I talk about Sports Investing, I'm referring to just not having a fun night in making some quick money on a bet.
I'm talking about making money over the coarse of a season.
Have you ever invested in RRSP and watched it grow at a snails pace? Well what I do with sports is like the same thing, but 10 times faster!! When you possess a good win percentage predicting sports, your return on investment (ROI) will be profitable. For example, lets say you start with 1000 cash invested in a sportsbook, with good money management and a winning percentage much greater than 52% , I don't bet on multiple games, I find one game that is going to have the highest win percentage and bet on it almost daily. This is where a great deal of patience is required, It may seem to slow, but keep this in mind, you would be lucky to grow 100dollars in a year on an RSP, with the sports investment, in just a few months 1000 can be like 6000. For example if you take my win percent today @ 75%, you can clearly see this short season can benefit, When I win , I win and when I lose, I have a great recovery, to continue winning. Patience is aggravating but worth it. So if you break it down a bit, so far I invested into 53games, and won 75% of these games.
So every time I win, the investment gets bigger, if I lose once in a while, I can recover the loss quite quickly because of the win high win percent. I do this every year and cash out, its like a spring bonus!!