As a market investor over the last two decades, and a love for sports, the I found the philosophy of investing was a natural transition into my recreational betting. At first it never clicked, but after taking a serious look at my sports betting performance about a decade ago, I came to realize some of the fundamentals that did me very well in the equity markets could be applied to my sports betting.
While bankroll management was the most effective area I begun to change, there are a variety of other areas I changed in my sports betting to hone it into what today is considered sports investing.
Firstly and most importantly, the view of sports must be considered an investment that can offer good returns. For example, see our sports investment portfolio and the performance of expert handicappers and the intelligent tips algorithms. The psychology view of throwing money at a game has an emotional attachment that is different than investing. For anyone who is a prudent investor understand this, where when they see their investment drop in value, if their fundamentals are sound, they can view it as an opportunity vs. a red flag to run for the doors.