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.

Monday, October 28, 2013

I'm 49-38 vs.The Spread: Yeah, That's Good! Here's Why

I'm 49-38 vs. the spread this year. I had someone write me that I'm barely covering the vig. My first reaction to that criticism was: " you've got to be kidding." Here's why.
I am a firm believer that if you are a serious sports gambler, the only way you have a chance to beat the system and win money over the long haul is by figuring out what you can afford to lose. After you've made that determination, then you have to wager the same amount, based on what you can afford to lose, on every one of your plays.
I've made 87 recommendations for my people this year. If one of my people decided all they can afford to lose on my plays is $10.00 per bet, they would have won $490.00 on my winners, and lost $418.00 on my losers, for a profit of $72.00.
If one of my people decided they could afford to lose $50.00 for each of my plays, and invested that much in each of my plays, they would have won $2450.00. They would have lost $2090.00 on my losers. That's a profit of $360.00.
If one of my people decided they could afford to lose $100.00 for each of my plays, and invested that much in each of my plays, they would have won $4900.00. They would have lost $4180.00 on my losers. That's a profit of $720.00!
Do you see where I'm going with this? 49-38 is a good record. Period!
Here's the problem. I can't control what gamblers do with my picks. Some guys fluctuate what they bet per game. They might get lucky and win the plays they bet more on. But, what if they lose those inflated bets? They've opened the door to losing money, despite a very good winning percentage.
Other guys take my picks and use them in parlays and reverses and if bets. If they get lucky and win those fancy bets, yeah, they'll do okay. But, again, those exotic bets can take a winning percentage and turn them into a negative bank account.
Here's the bottom line: if you want to win money, you need discipline. Decide what you can afford to lose. Set an amount you want to bet per game and stick to it. That's the best way to give yourself  a chance to win money. Again, Period!
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