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The Season Starts March 31st, 2011

March 25, 2011 at 4:07 pm Baseball101 No comments

Yes, the season starts March 31st but picks will not be posted on the
site until May 1st. Why? The first month of the season is a crap shoot
with new players, pitchers who aren't in their groove yet, so on and so
forth.

There is plenty of time to make $$$ during the season and no need to
get greedy. We should all enjoy a nice tidy profit this season so if
you haven't done so already, sign up and get the picks sent to you when
their posted.
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Recommended Sportsbooks

July 16, 2010 at 12:01 pm Baseball101 No comments

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The Baseball Investor Mindset

July 14, 2010 at 12:02 pm Baseball101 No comments

My friends always want to know how is it that I consistently make money
over the course of the MLB Baseball Season each and every year. The
simple answer is my mindset.

I look at the baseball season as an investment opportunity. For
example, let's say I start the season with a $5,000 bankroll. At a
certain point during the first month my bankroll is at $6,200 and then
goes down to $5,500. Most people would like at this and say that I lost
$1,200. I say that I've made $500 on my investment or a 10% return on
my money.

One of the biggest mistakes sports bettors make is to look at their
bankroll and believe they have lost money if their bankroll goes below
their season high. This is a sure way to lose money year after year.
Think of it this way. Say you own stock that you bought at $10 a share.
Throughout the year the shares have fluctuated went as high as $18 but
at the end of the year is worth $12.50 a share. As the stock owner did
you lose $6.50 a share or did you make $2.50 a share? Obviously you
made $2.50 a share and the stock is worth more than what you purchased
it at.

Where sports bettor get into trouble is when they constantly try to get
above the season high and start to chase and double down. Think of how
ridiculous this is. Let's take a look at the stock share example again.
You purchased at $10, the stock went as high as $18 and now stands at
$12.50. As a sports betting loser you would then purchase another stock
and hope that the stock increases in value by $5.50 a share and more so
you recoup your "losses."

Back in late June of this year my profit for this season was a little
over 26 Units and now stands at a little over 19 Units. Many people
will look at this and say, wow you lost 7 units. No I'm still up 19
Units in profit. I should also go beyond 26 units again at some point
in the season as well. My mindset is that as long as my bankroll does
not fall below my starting bankroll I'm in great shape and still making
money. Had I started chasing loses I may be totally bust at this point.

I look at my bankroll like a stock portfolio. My bankroll (portfolio)
is going to fluctuate over the course of the season. It will gain value
and loss value but the end result is to make a profit. If you want to
be a successful baseball bettor develop this mindset and your one step
closer to becoming a profitable.
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The Difference between Baseball Gamblers and Baseball Investors

July 8, 2010 at 3:29 pm Baseball101 1 comment

One thing that really bothers me about baseball bettors and sports
bettors in general is the notion that a person can start with a
bankroll of say $1,000 and turn that $1,000 into $100,000 at the end of
the year. These are the baseball gamblers of the world.

Baseball gamblers will start with a bankroll of $1,000 and gamble that
they will turn that $1,000 into $10,000 dollars at the end of the
season. Sure, there are people that are capable of doing this but they
are few and far between. Baseball gamblers will chase by doubling down,
parlay and do all sorts of crazy things in order to make fast money.

Baseball investors realize that there are over 2,400 games played
during the Major League Baseball season, have proper money management
skills and are looking to make a return on investment. A baseball
investor will start a baseball season with a set bankroll and is happy
to make a 20-30% return at the end of the season. The baseball investor
does not chase, sticks to his plan and takes the good days in stride
along with the bad days.

It's the ability to shake off losing days that truly separates baseball
investors from baseball gamblers. The simple fact of the matter is that
it's impossible to win every day and there will be times when a bad
losing streak will happen. The baseball investor continues on knowing
that things will eventually turn around where the baseball gambler
refuses to realize that he's in a slump and will start to chase and
worst of all go all in on a play hoping to recoup all loses and turn a
profit.

The sports betting community is comprised mostly of sports gamblers. If
sports gambler could just change their mentality they could become
successful sports investors.

So are you a baseball gambler or a baseball investor?
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