| 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.
|
