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Betting Portfolio Management

The subject of financial investment is the required information to pursue a
such a wide and varied area. We all know career in their chosen field of
(or should know), that investing surplus endeavour.
funds is a sound idea; nothing new there. The thing with sports/horse racing is
If you make the decision to invest, what that punters expect wealth and success to
investment options do you have? come to them while they are doing nothing
1. Property - unit, house, holiday house, to improve their skills. I believe this
commercial property, a managed property is largely due to the fact that they do
investment fund etc. not understand what they are up against
2. Shares - stock options, different and how tough it is for your average
stock investment sectors such as small casual punter these days to turn a
capitalisation mining companies, profit.
international or local share funds etc. Anyway, back to the purpose of this
3. Fixed Interest - bonds, convertible article. It is well and truly possible
notes, fixed deposits etc for anyone to become a successful and
The above are your major investments highly profitable gambler.
categories in which you may be looking to As we saw above, there are two choices
invest. that you could make. One requires years
These are the 'traditional' type of of study to develop the required
investments however there are other specialised knowledge to allow you to
investment areas which are just as, or become successful; the second option can
more profitable than your main 'stable' be thought of as being the easier path.
of investment options. These alternative Just as you may well pay a financial
investment options include tree crops, advisor for their advice, you have the
vintage cars, wines, art, other option to pay an expert in gambling for
collectables and also sports betting and their betting advice. Doing so will leave
horse racing! you as purely a manager of your
As the majority of people do not investments.
understand the betting industry, they If you have ever been to a financial
generally scoff at the idea of sports advisor, you will realise that they love
horse race betting as a legitimate their pie charts and love to talk about
investment option. That is because they diversification and asset allocation.
have only been exposed to one side of the They split your total investment wealth
business, the entertainment side. Of up into different areas with the aim of
course gambling is generally painted in reducing risk.
an ordinary light in the media where it Well consider doing something similar
is linked to family break downs and with gambling. There are a number of
suicides. The perception among those who excellent sports/racing services which
haven't been enlightened is that if you show high returns and have been showing
bet often, you must have a gambling high returns for a good period. You may
problem! like to build a portfolio of gambling
"If the truth be known many who play the investment options based around the good
stockmarket are the biggest gamblers services. How you allocate your resources
around." for the different services you may use is
They are never labelled gamblers, nor do up to you. For example your gambling
they believe that they are gambling portfolio may comprise of two horse
because their gambling vehicle is not racing approaches, two tennis approaches,
horses but shares in companies. They like one AFL, one NRL and one Super12's for
to think of their random and uneducated example.
decisions as being an 'investment' rather After sourcing your betting information
than a bet. In this light, it is OK to from a service, you have the task of
lose money because 'it is an investment'. managing your portfolio to maximise the
Many are simply betting on the price of a rate of growth of your bank and to
share just the same as an uneducated minimise your risk. For those that take
sports bettor who makes a decision on the the time to look at the possibilities of
likely outcome of a game. sports betting investment, you can
The purpose of this article is to show understand why it makes a lot of sense
that gambling can be a serious and from an investment angle. You invest your
profitable business as well as a fun money for a whole year in say the
pastime. I decided to write this article stockmarket hoping for a standard 10%
after speaking with a good mate of mine return. You can make that on every single
who happens to be financial advisor to dollar that you outlay in some sports!
'high net worth' clients. You may be Investing in a conservative manner can
surprised and interested to note that he easily see you double your original
sees sports betting as playing a very investment capital within one year.
important role in his investment Returns unheard of in other 'traditional'
portfolio. He knows very little about methods of investment and yet contrary to
sports but he sees it as a very serious what most believe it is unbelievably safe
business and he follows our selections if you find a reliable source to purchase
'to the letter'. (Not that he would tell your advice from.
his clients that he invests in sport as I In sports betting you can use mathematics
am sure they just wouldn't 'get it'.) to calculate very accurately worst case
The similarities between the more scenarios and no, that is not generally a
'traditional' type investments and total loss of starting capital. We have a
gambling are many. We are all playing the simulation program available on the
same game, which is to . . .beat the website which you can access from the
market and optimize our total wealth. following link Punting Ace Simulation
Financial markets such as the stockmarket Program which will give you an excellent
are generally efficient and represent the idea of what you can expect to achieve
general view of the aggregate of those based on certain criteria.
that invest into the market. Investing in We also have programs which will simulate
any financial market (including the your projected performance based on
sports betting market) raises financial certain bankroll settings. To simulate a
questions involving decision making under year of our tennis package, select the
uncertainty. Many of those that play such following link Punting Ace Tennis
markets simply do not understand just Simulation or to simulate a year of our
what they are up against. AFL betting package, select the following
People go to financial advisors for link Punting Ace AFL Simulation.
advice on how to best invest their money. Summary
They are thought to be the experts. They If you are not happy "putting all your
have been to University and have eggs in one basket", why not consider
completed courses through the Australian sports betting as an "alternative
Securities Institute to become an investment" similar to tree crop
advisor. It is the same with other investments or hedge funds. Any prudent
specialised services, such as doctors and financial planner will explain to you the
solicitors. People recognise the benefits of diversifying across a number
specialised knowledge that these guys of different markets and investment
have and understand the value of paying products. Indeed, investment products
such experts for their opinions. such as options and instalment warrants
I believe the reason to why more aren't (and to some extent margin lending), are
successful in gambling is that the designed to "enhance" your overall
majority of punters have no idea what portfolio returns and as such,
they are up against. They believe that traditional investment advisers may
they can beat the game with no specific allocate a "percentage" of your overall
specialised knowledge. There is a price portfolio to these products.
you have to pay to gain the knowledge and With risk adjusted returns far in excess
experience required to become successful. of "main stream" investment products, why
This is very similar for both traditional wouldn't you apply a percentage of your
investment advisors and also in the portfolio to sports betting? As your
gambling field. Some advisors are better financial adviser will agree, sports
than others, as are some investments and betting is not correlated with any main
some investment funds are better than stream investment markets, and indeed
others. Some investment funds make given the disappointing recent
excellent returns for their clients performance of the stock market (with the
however, on the other hand, the majority exception of last years return of approx
can't even beat the average based on the 25%) the current investment markets are
returns of the 'All Ords' index! awash with products that are
I can see myself starting to get off non-correlated to the stockmarket. For
track here. example, hedge funds, tree investments,
Professional gambling is not for caravan park property trusts and chicken
everyone, however I truly believe that it farms (yes that last one is actually
is within reach of everyone. Now there true). Therefore sports betting should at
are two ways in which you can make a least be considered as part of a prudent
living out of gambling. "diversified" investment portfolio.
1. You can spend years studying Sport Betting Investment Steps
mathematics and learn the ins and the 1. Decide from day one that you have the
outs of your chosen betting field to discipline to follow your plan through
hopefully build the skills necessary to and that you will operate in a business
make consistent profits like fashion and will keep records and
2. You can pay those that have trodden the like.
the path above for their specialised 2. Find a reputable information provider
knowledge and skill and then focus your for your selections. Remember the goal is
attention on becoming an astute gambling for you to be only the portfolio manager.
portfolio manager. You don't want to have to come up with
Both methods will provide very similar the selections; leave that to those that
betting results. Gambling is like any have proven track records and are experts
other profession. You simply cannot in their fields. You may wish to start by
become successful without truly applying looking at
yourself and spending the time (and the 3. Decide on how you will divide up your
money), to learn and become proficient. total starting capital over the
(Contrary to what most 'retail' punters information provider(s)/sport(s) which
would suggest). It is no different to a you have gathered.
financial advisor who studies commerce at 4. Now follow through with your plan
university and then completes a Diploma setting aside time for constant
of Financial Markets at the Securities reflection and self evaluation in an
Institute. They have paid the necessary attempt to maximise your returns whilst
price (both in time and money), to obtain minimising your risk.




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