"Too Great of Expectations" is a mistake made by many gamblers and investors alike. Lets take a real look at what a $10,000 investment (bankroll) can make in a years time.
$10,000 CD with a 5% rate: $500 ($10,500)
$10,000 Mutual Fund Investment with a 20% return: $2000 ($12,000)
now those are some lofty numbers in todays world and marketsand they dont include taxes.
Lets now take a look at a $10,000 investment in the sports betting world.
Account Balance: $10,000
Trading Log: 0-0 ($0)
Trade 1. Toronto Raptors (-1.45) ML $36.25 to win $25
the raptors are on a 4 game home stand. this is a play on them to get one win. the amount to win on this trade is $25. we are going to risk up to a 4 game chase on the raptors winning a game. the opponents will be (den, det, knicks, hornets).
all the trades (bets) in this thread will be of the chase (martingale) style of wagering. all will include a minimum of 4 chances for a win. the account balance will not be refigured until a trade is completed.
the bets will be moneyline, ATS wagers and also O/U.
More as we move along.
$10,000 CD with a 5% rate: $500 ($10,500)
$10,000 Mutual Fund Investment with a 20% return: $2000 ($12,000)
now those are some lofty numbers in todays world and marketsand they dont include taxes.
Lets now take a look at a $10,000 investment in the sports betting world.
Account Balance: $10,000
Trading Log: 0-0 ($0)
Trade 1. Toronto Raptors (-1.45) ML $36.25 to win $25
the raptors are on a 4 game home stand. this is a play on them to get one win. the amount to win on this trade is $25. we are going to risk up to a 4 game chase on the raptors winning a game. the opponents will be (den, det, knicks, hornets).
all the trades (bets) in this thread will be of the chase (martingale) style of wagering. all will include a minimum of 4 chances for a win. the account balance will not be refigured until a trade is completed.
the bets will be moneyline, ATS wagers and also O/U.
More as we move along.