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The Greatest Sports Picks.com Money Management System

Here at The Greatest Sports Picks.com we believe that money management is just as important as picking winners, if not more so. One without the other is like a bat without a ball. The main reason why most sports investors fail is because they have no system of managing their money.

Breakdown of The Greatest Sports Picks.com Money Management System
• All systems must start with a bankroll. This bankroll should be an amount that you can comfortably afford to risk on sports wagering. For the purposes of our example, we are going to assume that $5=1 Unit and we begin with a bankroll of 1000 units.

• We ALWAYS use 2% of our beginning bankroll per play, which equals 20 units per play. For example, 1 play = 20 units, 5 plays = 100 units.

• To be successful in sports wagering you must stick to your system, be patient, and anticipate occasional losing streaks.

Remember to use a money management system that works for you. Using a good money management system and The Greatest Sports Picks.com, you can maximize your return on investment.

How our Money Management System is used to calculate the Return on Investment
• We calculate our Return on Investment by subtracting total losses from total wins based on the lines within a given period, using 20 units per play on all our plays. For MLB, each unit win or loss is determined by using the money line available for each game. For the other major sports, each pick that is a loss is actually -22 Units as we factor in the standard 10% vig that most sportsbooks will charge the bettor. The lines that we post and use with our picks are obtained from reputable sources at the time of post.

Below is an example of how return on investment works.

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Date Sport Pick

Line

Score Result Units
09/28/04 MLB Royals

+105

Royals 6, Devil Rays 2 Win +21
09/28/04 MLB ? Twins

-220

Twins 8, Tigers 4 Win +20
09/28/04 MLB Blue Jays -175 Blue Jays 5, Rangers 3 ? Win +20
09/29/04 MLB Reds

-135

Padres 2, Reds 0 Loss -27
10/01/04 NFL Giants -6 Giants 14, Cowboys 7 Win +20
1001/04 NFL Broncos +4 Broncos 10, Chiefs 7 ?Win +20
10/01/04 NFL Colts -3.5 Patriots 21, Colts 17 Loss -22
10/03/04 NBA ? Pistons -5 Pistons 90, Pacers 87 Loss -22
             
      Total Return on Investment for this period +30
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