2023 Mutual Fund

Here's how the Mutual Fund works: Invest 1 or 2 shares in the Fund at $50.00 per share( maximum of 2 shares per person). I'm able to invest up to 22 shares, but, my total shares contribution will be determined by how many people sign up. Yes, I will put my money where my mouth is! I do the handicapping work. I make the picks. I determine what units will be invested in each pick. Unit plays will fall into 4 possibilities: 1-unit; 1/2-unit; 1/4-unit and 1/5-unit. (A 1-unit play represents my strongest play). The most you can lose is the value of your share(s). Either 50.00 or 100.00. You cannot lose more. How much can you win? I make no guarantees, but, I'll work my ass off to have a successful year. If I'm blessed to have a good year, I will deduct 20% of each share's profits as payment for my work. My goal is to have picks announced prior to the start of games, but, that is not a guarantee. Sometimes I'm handicapping games right up until the start times. The picks will be given out within minutes of the game(s) starting, with the lines and units on each play. My goal is to start the Mutual Fund on September 28th, but, i reserve the option of starting it one week later. The Mutual Fund ends with the Army vs.Navy game, the unofficial end of the regular season. Payment shares will come soon after. Mutual Fund status will be updated every Tuesday of the regular season, once the fund officially starts. It should be a lot of fun and I tried to make the risk very small. If you sign up, I hope you enjoy it. Email me at sam@college-edge.com if you have any questions. You can make payment right here, at this site via PayPal or call 267-918-1064 if you'd like to arrange another mode of payment or, if you have any questions.

Tuesday, August 31, 2010

The 52.4% Barrier: why you have to keep your football wagers the same

You've established a bankroll. Let's say you've determined you can afford to lose $5,000 in a football season. This is what you should wager on games that you consider the best plays of the year, and what I call my major releases: 3%-5% of your total bankroll on each of your major plays during the football season. I prefer 3%. So, in my case, 3% of $5,000 is $150.00. I will wager $150.00 on every one of my major plays, without exception! Why?
You need to hit the magic mark of 52.4% of the major plays you wager on to win money, based on a vigorish commission of 10%. The only way you can guarantee you will win money at the end of the long football season if you hit 52.4% of your major plays is by keeping all your major wagers unwaveringly, the same. Let me illustrate: you have wagered on 100 major plays in a college season. Your record for the year was 53-47. At $150.00 wagered per play, you would have won $7950.00 on your winning plays. At $150.00 wagered per play, you would have lost $7755.00 on your losing plays. Profit at the end of the season: +$145.00.
If you want to put yourself in a position to lose money in a football season, EVEN IF YOU HAVE PICKED MAJOR PLAYS AT A +52.4% rate, go ahead and vary your bets, go ahead and bet teasers, go ahead and bet parlays, go ahead and bet if bets, go ahead and do all the things which will make the house smile.
Let me finish this by illustrating a potentially disastrous college football Saturday. You have four major plays on this coming Saturday. You've wagered $100.00 on each of the first three games. All three of those major plays won. Now, you have a night game, and you're hot, and besides, there's no way the home team can lose on ESPN, so you wager $500.00 on your last major play of the day. The play loses(sound familiar). You hit 75% of you plays on the day. But, due to a total lack of discipline, and common sense, you've won $300.00 on your winning plays, but, lost $550.00 on one. Keep the major play investments the same, and you've won $190.00 on the day. Instead, you've lost $250.00 on the day. Nuff said!
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