Submitted by rsteel on
At the close of business today we will have reached the 3 quarter pole of our sports betting year. 9 months in 3 months to go. NBA and NCAAB are just around the corner and NHL well who knows.
It has been an outstanding year so far. My personal R.O.I. is sitting at 9.116%. Your ROI should as good as mine if not better. There are really only 3 reasons that would result in your ROI not being as good. Only 1 reason is acceptable.
1)You have not been a member on the site for the whole calendar year.
2)You are missing plays.
3)You are not shopping well enough to get the best line possible which probably means you do not have enough sports book outs.
It is also essential regardless of the dollar value of your unit and weather this is a pure entertainment hobby or a substantial money making business for you that accurate detailed records are kept.
Consolidated numbers should be tracked by calendar year. Each individual sport should be tracked by that sports particular season. The minimum to track is total dollars bet, +/- units,+/- $’s and ROI. It should also be broke down by week and year to date. Recordkeeping for me takes 5-10 minutes a day and about 30 minutes on Sunday’s when the week closes off.
There really are NO excuses for not tracking your numbers. How will you ever know where you are doing well and what needs improvement if you do not track properly.
If anyone has any questions in this area do not hesitate to contact myself.
Let us make the last 3 months of 2012 extremely profitable and attempt to break our yearly ROI record.
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