<?xml version="1.0" encoding="UTF-8"?> <rss version="2.0" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:wfw="http://wellformedweb.org/CommentAPI/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:sy="http://purl.org/rss/1.0/modules/syndication/" xmlns:slash="http://purl.org/rss/1.0/modules/slash/" > <channel> <title>Ultra Sports Bet &#187; Sports investing</title> <atom:link href="http://www.ultrasportsbet.com/category/sports-investing/feed/" rel="self" type="application/rss+xml" /> <link>http://www.ultrasportsbet.com</link> <description>Information, advice and news about sports betting.</description> <lastBuildDate>Fri, 07 Mar 2008 16:59:49 +0000</lastBuildDate> <generator>http://wordpress.org/?v=2.9.1</generator> <language>en</language> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <item> <title>Evaluating your progress</title> <link>http://www.ultrasportsbet.com/2007/11/evaluating-your-progress/</link> <comments>http://www.ultrasportsbet.com/2007/11/evaluating-your-progress/#comments</comments> <pubDate>Tue, 27 Nov 2007 23:00:58 +0000</pubDate> <dc:creator></dc:creator> <category><![CDATA[Sports investing]]></category> <guid isPermaLink="false">http://www.ultrasportsbet.com/evaluating-your-progress/</guid> <description><![CDATA[To enjoy long term handicapping success, the single most important element is to look back on what you have done so you can replicate what you have done well, and avoid the mistakes that you have made in the past. That means that you need to keep careful records of every bet you make, and consciously take the time to look back at them &#8211; win or lose. I like to go back and evaluate every bet I make at the end of every day to see if I am happy with the decision to make it. That doesn&#8217;t mean [...]<p>Post from: <a href="http://www.ultrasportsbet.com">Ultra Sports Bet</a></p> ]]></description> <content:encoded><![CDATA[<p>To enjoy long term handicapping success, the single most important element is to look back on what you have done so you can replicate what you have done well, and avoid the mistakes that you have made in the past. That means that you need to keep careful records of every bet you make, and consciously take the time to look back at them &#8211; win or lose. I like to go back and evaluate every bet I make at the end of every day to see if I am happy with the decision to make it. That doesn&#8217;t mean that I am happy if I won and frustrated if I am not. Long term success is about the process, so daily evaluation lets me be sure that I am making bets based on good decisions. Often times I can spot and correct problems in this way before they become ingrained habits and expensive leaks.</p> <p>I also like to look look back every couple of months to take a bigger picture view of what I have done and how it has worked. I&#8217;ve often spotted trends or come up with new ideas and approaches to try out by doing this. It is an incredibly valuable expenditure of time. I&#8217;m obviously not the only on to do this. The outstanding horse racing blog <em>Turf Course: Heavy </em>has <a href="http://horseplayerdaily.21publish.com/mlgardner8/archive/2007/11/27/holiday-musings.htm" target="_blank">an excellent post</a> about doing exactly the same thing. He comes up with some good insights into his own performance, and it&#8217;s well worth checking out even if you don&#8217;t play the ponies yourself. For what it&#8217;s worth, I&#8217;ve always struggled with betting on English Channel, too.</p> <p>Post from: <a href="http://www.ultrasportsbet.com">Ultra Sports Bet</a></p> ]]></content:encoded> <wfw:commentRss>http://www.ultrasportsbet.com/2007/11/evaluating-your-progress/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>Viewing sports betting as an investment</title> <link>http://www.ultrasportsbet.com/2007/10/viewing-sports-betting-as-an-investment/</link> <comments>http://www.ultrasportsbet.com/2007/10/viewing-sports-betting-as-an-investment/#comments</comments> <pubDate>Tue, 30 Oct 2007 16:29:13 +0000</pubDate> <dc:creator></dc:creator> <category><![CDATA[Sports investing]]></category> <guid isPermaLink="false">http://www.ultrasportsbet.com/viewing-sports-betting-as-an-investment/</guid> <description><![CDATA[I&#8217;m a huge sports fan, and I write and think about betting on sports because I love it. I strongly believe that there is more to the pursuit than just a hobby, though. At my own site, Sports Investment Journal, I look at sports betting as an investment. Here are fifteen reasons why I believe that you can view sports investing favorably as an investment if you approach it responsibly in a disciplined and considered fashion: 1. Time frame – When you make a play, you know exactly when the game will start. You don’t have to guess how long your [...]<p>Post from: <a href="http://www.ultrasportsbet.com">Ultra Sports Bet</a></p> ]]></description> <content:encoded><![CDATA[<p>I&#8217;m a huge sports fan, and I write and think about betting on sports because I love it. I strongly believe that there is more to the pursuit than just a hobby, though. At my own site, <a href="http://sportsinvestmentjournal.com/" target="_blank">Sports Investment Journal,</a> I look at sports betting as an investment. Here are fifteen reasons why I believe that you can view sports investing favorably as an investment if you approach it responsibly in a disciplined and considered fashion:</p> <p class="MsoNormal"><strong>1. Time frame</strong> – When you make a play, you know exactly when the game will start. You don’t have to guess how long your money will be tied up before you reach your return goal on the investment.<o:p> </o:p></p> <p class="MsoNormal"><strong>2. Perfectly defined risk</strong> – As soon as you make your wager you know exactly what your upside and downside are, and what events are required to realize them. You aren’t subject to unexpected market conditions.</p> <p class="MsoNormal"><strong>3. Access to information</strong> – You can get way more relevant information about any pro or college team than you can about a publicly traded company, and you can get it in real time as well. You don’t have to wait for reporting periods, and there is no lag time as information is processed and released. If information is money, then investing in sports gives you a clear edge. That transparency provides confidence for responsible sports investors.<o:p> </o:p></p> <p class="MsoNormal"><strong>4. Liquidity</strong> – Up until the moment the game starts you can instantly close or reverse a position for little or no cost. Hedging opportunities often exist within a game to lessen your risk as well.</p> <p class="MsoNormal"><strong>5. Less capital tie-up</strong> – When you make a sports wager, your capital is tied up for a short time frame. That means that, with a properly managed bankroll, you can use your capital more often. You can experience leverage on your money without the borrowing exposure required to leverage stock investments.<o:p> </o:p></p> <p class="MsoNormal"><strong>6. Not a victim to general trends </strong>– In the stock market you can find your bet, even if it is fundamentally sound, deemed unsuccessful because of broader general market impacts – war, changes in government policy, natural disaster – over which you have no control. In sports there is always a winner and a loser regardless of what happens in the game. It won’t always be the outcome you want, but at least you can be certain of an outcome.</p> <p class="MsoNormal"><strong>7. Diversity</strong> – You are not limited to a few choices when it comes to sports investing. In the current internet reality there is an amazing range of sports that you can bet on. That choice allows you to seek the most favorable situations. Think of it in the same way as different sectors you can invest in in the stock market.<o:p> </o:p></p> <p class="MsoNormal"><strong>8. Immediate settlement </strong>– As soon as a game is completed your bet is settled and the money is available for another wager.</p> <p class="MsoNormal"><strong>9. Mobility</strong> – Thanks to the plethora of online information sources, and the ease and security of online wagering, investing in sports is available no matter where you are or what time it is.<o:p> </o:p></p> <p class="MsoNormal"><strong>10. Year round opportunities</strong> – No matter what the time of year there is some sports action that you can handicap and responsibly invest in.</p> <p class="MsoNormal"><strong>11. Regulated markets</strong> – The scrutiny placed on the leagues, and the attention that can be paid thanks to audio and video technology, means that games are very well policed. Sports investors can be reasonably confident that games are being played without cheating. There is no concern about things like insider trading or stock manipulation which could greatly impact your stock investment.<o:p> </o:p></p> <p class="MsoNormal"><strong>12. Low barriers to entry</strong> – A wagering account can be established with as much or as little money as you desire. Incredible information is available at no or low cost. You can reasonably participate in sports investing without ample financial resources.</p> <p class="MsoNormal"><strong>13. Wide option of financial vehicles</strong> – Just as in the financial markets, sports betting offers a wide range of different instruments which can be tailored to your needs and the risk you are willing to assume. Straight bets, totals, parlays, teasers, halves, quarters, futures – there is an instrument available to capitalize on every situation worthy of attention.<o:p> </o:p></p> <p class="MsoNormal"><strong>14. Performance monitoring is simple </strong>– There are literally dozens of ways to get real-time information about the games that you have wagered on, and there are even more ways to get information about the game after it ends. Tracking your investments accurately is easy.</p> <p class="MsoNormal"><strong>15. It’s fun</strong> – What’s more entertaining – watching a stock ticker or a football game to track your investment.</p> <p>Post from: <a href="http://www.ultrasportsbet.com">Ultra Sports Bet</a></p> ]]></content:encoded> <wfw:commentRss>http://www.ultrasportsbet.com/2007/10/viewing-sports-betting-as-an-investment/feed/</wfw:commentRss> <slash:comments>7</slash:comments> </item> </channel> </rss>
