Login Area
User ID
Password
 
Forgotten Password
Navigation
Sports Philosophy
Advertisement
Join Our Newsletter
When you sign up for an email newsletter or alerts about our products and services, WePickSports will use your email address to deliver the newsletter or information requested at that time.
Advertisement
Lines
Advertisement
Power Rankings

Money MGMT

This could be the single most important factor you will ever have when it comes to Sports Betting.  It doesn’t matter how well we handicap games, if you do not follow a strict management process with your money, your odds of winning over a long period of time seriously diminish.  With that in mind, we are going to give you the most effective betting process we have discovered, and as our customer we can not stress the importance of the following information enough.  We are very good at what we do, and we will show you success, all you have to do is listen to us.  Again, your support is the lifeblood of our business, and in order for us to make you successful, you have to trust us on this as much as you trust our picks.

There are two types of Sports Bettors in the world.  There are the professional gamblers and there is everyone else, complaining about how impossible it is to win at Sports Betting.  It is absolutely no different than a craps table in Vegas.  The major majority of the world doesn’t understand the math involved at a game like craps, which when played right actually gives the player an advantage.  That 1% of people who understand the math can apply it rationally and make a living at the table.  Sports betting is absolutely no different.  The major difference is, Sports Bettors can create a much larger statistical advantage through knowledge and DISCIPLINE!  The professional bettor has no aspirations of breaking the house or overnight wealth, which is the underlying key component to their success.  The Recreational bettor (everyone else) looks at sports gambling as entertainment, which in most cases is perfectly acceptable.  The recreational bettor typically knows what he’s putting at stake and is willing to take a sizeable risk not only for the gamble, but for the entertainment as well.  As our customer, you have to understand the underlying difference between both parties here.  We can guarantee that we will put you on more winning sides in our games than you have ever been before, but we can not guarantee that you come out a winner unless you follow our principles for money management.  What you will find, however, is that professional or gambler, you will have a much larger advantage, and you can guarantee that your bookie no longer smiles at your number!

The problem with most money management systems is the fact that they are simply that, a system.  Every single handicapping service you see on the internet has a unit system, or a dime system, or a platinum picks package.  It absolutely amazes us how these places have remained in business.  They manipulate there numbers to say they have gone 35-26 over there last 61 for a 57% run.  What most people don’t see is the fact that 57% does not mean a profit when you are betting separate amounts.  The greatest sports handicapper in history, Lem Banker, could barely reach a 65% winning edge in most seasons.  When you look at Sports betting, that is the biggest edge you should ever consider having on any one single contest.  Handicapping sites will release Picks of the month and Picks of the year every so often.  These releases are simply sales ploys to bait gamblers into buying a weeks package of picks.  The major problem with betting such various amounts on these so called locks is easy to understand.  If you are wagering bets that are constantly different throughout the season, you badly change your break even percentage.  When you bet double on some games and half on others, you are requiring a much higher winning percentage to obtain a profitable season.  A good handicapper can expect about a 55% advantage on his picks.  A great handicapper can expect around 59%.  And of course, the all time greats from the past could obtain 62-65%.  There are no such things as locks or picks of the year.  There are games that good handicappers can feel like they have a better advantage with, but you have to take that advantage and place it on a large scale, wagered over time to expect a sizeable gain.  In other words, no suspected edge, no matter the percentage, can be guaranteed to show a profit in a minimal scale.  Vegas was built brick by brick on that very principle.   The few games that you might garner a larger advantage on, plays into your overall percentage as a handicapper.  Fortunately for you, Sports Gambling is an avenue that you can use Vegas’s principle for your gain.  We will supply you with the edge, you must apply the percentage over a large scale!  This is why we do not guarantee any picks for any single week, but we do guarantee picks for an entire month or season.  That is a scale we can almost guarantee a profit from.

The following is the math portion to our process.  Over the years, our service has been able to average a 60.4% statistical advantage throughout the course of a season.  We consider a season to be a calendar year from February 15th to February 14th.  This calendar year encompasses every sport and every game played through that calendar year.  Each sport has its own advantages and each sport makes up a piece of our statistical percentage.  Some sports are better than others.  Our best sport over the years has been College Football statistically, but our best sport money wise has been Major League Baseball.  What we have also discovered over the years is that there are typically a couple of games a week, maybe 1-2 in terms of Football, and 1 about every night or every couple of nights in baseball and basketball that will give you a larger statistical advantage.  These picks are what you will find in our picks of the week section.  We have been able to uncover a 69.6% statistical edge over the course of a season with these releases.  These are the only short term picks that you will see us guarantee for two reasons.  One, we feel like in order for us to ask you to risk a higher percentage of your bankroll (which we will cover next) we must support a portion of the risk with you.  Second, you will be paying a higher percentage of your overall bankroll to purchase these picks and by refunding some of your investment on those 30% losing picks we will be able to show you a higher profit over the course of a season with this particular aspect of our process.  Consider betting $200.00 per Pick of the week for a year.  We average 4 releases per week for 52 weeks totaling 208 picks.  If you ride the season out you spend 10,400 – 3120 (refund for losses) totaling $7,280.  At $200.00 per bet you can expect your winnings to be $28,953 give or take a percent.  Your losses will be $13,910 give or take a percent (that includes the vig – the juice) with a profit totaling somewhere around $7,763.  Over the course of a year you can expect a 17% Return on Investment, simply through our picks of the week.  You must also keep in mind that the ROI increases with every dollar you increase your bet per pick, because your $7,000 investment for the picks remains the same, but your total profit percentage increases.

Here is how you make money by using our Sports Picks.  There are a couple of things we have taken into account that we see most bettors do, that are horrible in principle.  We can not control what you bet on each pick or each game.  All we can do is advise you to the following process.  When you set out to purchase our picks you should first calculate the following statistics.
First, you must decide what the total bankroll you are willing to risk for a given season will be.  Throughout the season you will have two bets that will vary if you decided to follow our process precisely.  You will have a wager that you will put on our weekly and daily packages and you will have a wager that you will put on our picks of the week packages.  These amounts should remain standard for the entire year, and then you can recalculate your risk at the start of the next year.  You must not vary from these amounts, and absolutely under no circumstances should you ever double your bets or increase your bets when you are down for a week or a night.  If you are ever going to double your bet ( which we do not recommend) the only time you should do so is when you are up for the week.  We understand the need for the occasional thrill.  All of us want entertainment out the things we do, especially gambling, so if you ever decide to deviate from our process, this is the only example we suggest.  If were running good for a week, bet big and let it ride, but never ever, under any circumstances, try to double your bets to get even from a losing week.
Second, once you have decided your bankroll at risk, you can calculate your threshold for a losing streak, which will happen, it’s a foregone conclusion in the betting world.  One of the greatest handicappers in history had a losing streak of 27 straight at one time in his career.  They do happen, you just have to be able to withstand them.  We suggest risking 3-5% of your bankroll on each pick we release through our weekly, daily, monthly, and seasonal packages.  Why the different percentage?  Not everyone bets the same amount on a football game, and not everyone has the same bankroll.  Someone with a $2,000.00 bankroll has a harder time making a significant profit @ 3% a pick than someone with a $20,000 bankroll.  The higher the bankroll the lower the percentage, example 3%.  The lower the bankroll the higher percentage, example 5%.  Still, once you decide what percentage you want to play, you bet the same amount every single game.  The picks of the week percentages should range from 6-8% on the very same principle based on your bankroll.  If you do what we suggest and play both every single week, you should take your amount per bet for each scenario and only bet 2/3 of your original amount.  Example, 5,000.00 bankroll – weekly package – 5% = 250/bet  Picks of the week – 8% = 400/bet.  When you play both, your bets would be 250 x .66 = 165/bet and 400 x .66 = 264/bet.  The reason you bet 2/3 is because when you play both picks you are risking a higher percentage of your bankroll so you need to lower your bets by a percentage to comfortably withstand a bad run.  Your overall expectation will increase, but you will be risking a bit more per week.

If you were to just play the weekly and daily packages for a season for every sport you can expect to receive around 1100-1200 picks.  For my example I will use 1200 picks for an entire year.  The average bettor will wager $200.00 on any one pick.  So for an entire season that bettor will have a total risk of $264,000.  Wow that sounds like an enormous amount doesn’t it!  The average discipline bettor can expect to win $144,960 (240,000 x 60.4% winning edge) from that total risk for a season.  A bettor will lose $104,544 (240,000 x 39.6 losing edge x 10% juice) over the course of that season ( that does include the juice).  So you will profit $40,416 over the course of a season.  You take that profit minus your investment for our service (ex. If you paid for picks by the week every week for a year) which would be $10,400 – (rough estimate) which totals a profit = $30,016.  Your ROI would be 12%, try and find that anywhere else with an investment portfolio.  These will vary a little bit, both higher and lower, but not enough to change the wow factor of what you can accomplish in the Sports Betting world with the right discipline.  There is one other principle that sports gamblers do not understand that is absolutely paramount to remaining patient.  Throughout the course of a season you generally expect your bankroll to constantly grow in a manner that seems acceptable.  What most gamblers don’t understand, is that when you are gambling to make money and build a bankroll, you actually can only expect your bankroll to reach an all new high about 7-8% of the time over the course of a year.  So for 92% of the year your bankroll will not be at an all time high.  Sounds kind of strange doesn’t it.  This is a very important principle to make sure you grasp entirely, other wise you will have unachievable expectations.  Your bankroll will NOT reach a new high constantly.  There will be weeks that it will not profit enough to reach an all time high, because there was an occasional losing week you must rebound from.  This principle is very important and it will keep you in the right frame of mind throughout the season.

You may be wondering a commonly asked question.  If the picks of the week are 10% better, why shouldn’t I only bet the picks of the week?  To be honest, we are perfectly okay with our customers taking that approach.  Simply put, the majority of our customers want to bet more than 3-4 games a week, and there are plenty of games that can give you a solid statistical edge worthy of betting, even if its not at a 70% clip.  You are more than welcome to take either avenue, or combine both advantages throughout a season.  Either way, you will be supremely convinced in our effectiveness as handicappers.

These figures and principles laid out above have been the backbone of our success.  The process is really rather simple once you calculate your bet per pick, because then you know exactly what you are wagering on each pick every day, and you can actually calculate what you expect to return for a given calendar year.  It saves you tons of headaches all year long and really simplifies Sports betting.  We go into extreme detail in this section because we can not stress the importance of MONEY MANAGEMENT enough.  Our business will make you a successful sports gambler, we can promise you that.  You simply have to promise yourself that you will follow the principles we have laid out for you!  We want you to break the bank, and be a lifelong teammate, but breaking the bank simply takes patience!

Enter Chat Now! WePickSports - Forum WePickSports - Home Page