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Inaugural Cappers Lounge Newsletter
This is the first a weekly newsletter to members of The Cappers Lounge. It will contain updates, betting strategies and other pertinent news. We will feature an article each week regarding Intelligent Betting Strategies to make you a better sports investor. This week we feature IC's take on how One Wager a Day Keeps the Bankroll Devil Away.
A special thanks to all the members of Cappers Lounge as this forum is for the bettor and investor that learns about the "game" and is serious about making money. You, the members have brought a no-nonsense attitude, respect for members and unlike any other forum with a bias for pure information, a more knowledgeable bettor and consequently a sharper bettor with increased profits.
It doesn't get much simpler than that. As this newsletter progresses in further issues, it will have more features and be more informative, so please take the first edition with a grain of salt and with an adventurous spirit. We welcome your feedback!
Some Notes to Mention is that the Site Currently has Polls and Analysis of NFL Ball Games up from trusted posters such as DrPD, MrSam, Stockpicker and others - and I missing others, but you will see their names be listed as Founding New Members – Those who are knowledgeable about wagering. However, the titles mean nothing as you could be quite intelligent yourself in wagering, but we should all respect the “Game” and be a Student of the “Game”.
EDITION #1 - "ONE WAGER A DAY, KEEPS THE BANKROLL DEVIL AWAY"
An Explanation of my Betting Philosophy – Successful 3 Months and Counting:
Respect Wagering and Be a Student of Wagering.
You like the title? Yes, I was quite proud of it myself. Each investor subscribes (hopefully) to his own betting strategy and philosophy – and hence, to each his own. However, I have been in this business for years and it has become clearly evident that one wager a day or an argument can be made for 2 wagers a day, is simply the best way to make profits. In fact, those who benefit repeatedly from wagering in Sports investing are those that only wager 15 to 20 big bets a year and consequently hit 60 to 65% of such strong plays and show a profit.
Now, I am not that conservative regardless of the fact that I do hail from the great SEC, however, there are immense advantages of wagering just 1 to 2 sports a day. What are such advantages? Well, for one, the likelihood of “tilting” or “chasing” is limited. A bettor must come to learn that this is not and should not be a lifetime career – that is, to sit at home all day and wager. Now, there are those folks who do this and to them, more power to them. However, I am speaking to 99% of the population out there that are recreational bettors who bet for the goal of the rush, profits and to make sports more interesting.
Now, make no mistake about it, money can be made via sports betting, but it takes extreme discipline and learning why you are betting is so vital to the ends of the goals. What does that mean? That means, in laymen’s terms, why the hell are you betting? Are you betting for massive profits? Are you betting for the quick hitter? Are you betting for the fun and enjoyment and the profits that roll along are icing on the cake? Answer this question to yourself first and foremost.
For me, as for most, betting is recreational but being of extreme competitive nature, I love making profits and taking the “Man” or “Vegas” rather than having them “Take me”. Thus, if you have a career, a family, and most importantly – school – either graduate or undergraduate, it is very important that you realize that this is your primary focus and goal in life. Please understand, I am not preaching here, but to him bets with consistency and effectiveness, you need to be “Fresh” (I know you’re laughing right now). However, this means, that if you sit in front of a computer and simply bet all throughout the day, wait for second half lines, and bet late until the second halves of the 10pm or beyond games – you are more than likely not making money. Why? Because, evidence has shown in countless studies, that the more wagers you make, the more likely Vegas is to take you for what you are worth.
Now, I’m not saying that value cannot be found after 10pm at night in a total or a side of a big home favorite storming back and the like, however, I am willing to contend that more often than not, the best game or games to bet on the board was not that 10pm game each and every night.
Thus, for the importance of betting with the goal of incremental profits is so vital. Imagine, what an extra thousand dollars or so could do? In other words, what makes this worthwhile financially for you? This is a question that you need to answer along with the rush factor. Should you subscribe to the 5% of your bankroll on this play or 2% bankroll on this play? For me, that simply does not work, is not practical and a bit mundane.
However, many have asked what I subscribe to and that is one wager a day. This allows me to have control over my betting as my capping skills provide simply one wager a day that I believe is the best and then I go on with my life. Let me repeat that, if you just pick one bet a day, you can wager, let it be, and just go on with your life. If you lose, then so be it, as you have a total of 30 wagers to make in a month. Consequently, if you hit 18 out of 30 – 60% - you are going to make a juice of 5.46 Units. What is a unit to you? Well, that is what we talked about above – What makes this worthwhile for you but at the same time, will not place your career as a professional, student or family man in danger.
5.46 – That is the magic key. Now, this month, I have been blessed with a profiting somewhere in the 13 unit range or maybe if the Lord shines down on me really well, close to 3 times the goal for a month. However, the goal for a year and long term is to obtain approximately 60+ Units a year.
Let me be very frank, 60+ Units a year, is immense profits. Thus, if you wagered $250 a game like I do, that is $15,000 cash a year. That’s right, for a common young man in graduate school, that is $15,000 a year that goes a long way to doing what I want to do with the spare money which is to buy leisure books and donate the rest to charity. However, your unit can be $500 or $50 – whatever works for you.
What is the brilliance of roughly 5.5 units a month, it is a practical goal that can be reached. Listen, there is no use shooting for the stars for 20 and 30 units a month as I don’t have the time and neither do most of you. But, I am willing to bet that you do have the time to simply look at the best lines available on each game and pick one game, your strongest game and ride that choice to the bank. Why not bet 2 or 5 games? Well, if you feel very strongly about one game, you can wager a little bit more than a standard unit, for that surge and consequently make a sum of money that you are satisfied with and buck Vegas with a wager just one time – your best wager – rather than bucking against Vegas 5 times and seeing if you can squeeze out a profit.
Thus, there is a sincere brilliance in one wager a day. It is practical, possible all the while letting you get the surge you desire with the notion of carrying on with your life and personal goals – which in all due honesty – are more important than making a living in wagering. If you do this as a form of investing and fun – you will make money with homework and research. If you do this as a form of “Do or Die” – you are bound to get clouded in decision making and lose money. In essence, if you are not having fun anymore doing this, then you need to stop and get refreshed – in a hurry, or your bankroll will be in potential demise. However, to each his own and I would love to hear feedback as we are here to be students of the “Game”.
Take care and see you next week’s Newsletter Edition #2 –
IC
*We will archive this newsletter on Cappers Lounge Soon.
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