Discover Why Almost ALL Sports Gamblers Fail to Profit… And How to Avoid Falling Into the Same Trap! (Part II)

Gurus

In the first part of the series we went over the differences between a sports gambler and a sports investor. Today we’re going to talk about all the ‘Gurus’ out there and their effects on sports gamblers.

“I’ve been a perfect 6-0 in the first few weeks of Football Season so sign up…” Ok, honestly, how many times have you seen statements, or variations of this statement, being posted and advertised? I personally have come across hundreds and hundreds of them. They sound very intriguing, and you want to believe that you found the one person who will lead you to correct pick after correct pick. This guru will take you to riches. But will he?

Unfortunately, the answer is no. These charlatans are the modern day versions of traveling wagons full of easy money and instant cures. They use flashy advertising to work on the emotions of the gambler and those who are not very knowledgeable in sports. They feed on those struggling financially, and those who use gambling to get ahead of next week’s paycheck. These scum prey on the gambler who has fallen to addiction.

The sports investor knows better than to fall for these ploys. They know that due diligence should be made on their wagers because they treat their wagers the same way one would treat their financial investments. They don’t fall into the temptation of quick riches from guaranteed picks, because they know their investments will grow over time—and they will protect these investments.

But what should the casual sports gambler do then? The first and foremost is research. Research the guru, and you will see the guru for what he truly is. Be patient, don’t rush into a wager because a guru guaranteed the pick. Look at the game itself, look at the teams, at all the info surrounding the game: historical statistics, trends, home Vs away records, the weather. And if you think all this research is too much work, then you shouldn’t be angry if your pick loses. Maybe you shouldn’t be placing wagers on the game at all. You’ll just end up throwing your money away.

If you are still tempted to place a wager on a game strictly from listening to someone else pick the result, I ask you to think back to the office football pool. Most of you have been in one and I know everyone will relate to this. Every year, in every office pool, there is always that one week where the winner with the most picks was a girl who knew nothing about sports. Her picks consisted of on how much she liked their names.

So yes, a guru might pick some games correctly, but so will Samantha, and Aunt Lucy, and heck, even my mom gets picks correct and she once thought the New York Rangers were going to play against the Baltimore Orioles in the Super Bowl.

I hope the sports gambler sees that gurus should not be listened to without question, and that only by following the strict philosophies of a sports investor will one become successful in wagering on sports.

In the next part of the series, I will be going over one of the most important parts of sports investing: Money Management. Without this, the sports gambler cannot ever hope to become a successful sports investor.For more on how you can make a living investing in sports go to http://www.powerpositionbetting.com/.

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