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Band of Boston Beards Pads Our Bankroll

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Published: November 4, 2013 12:12pm

 

It has been almost a week since Boston closed out the World Series with a solid win in game six over the St Louis Cardinals. Thus a very successful MLB season came to a close for yours truly and anyone who follows this space. I always evaluate my performance based on ROI or return on investment. Every sports bettor should do the same. This past May 2nd I invested 700 units in the Major League Baseball futures in beautiful Las Vegas. By the end of the first half of October I had lost 350 units or one half of my investment. (50 units on the Rockies, 100 units on the Rangers and 200 units on the Braces to win their respective pennants). That is the bad news. The good news is that the investment we made on the St Louis Cardinals to win the National League pennant returned 450 units and the return on our Red Sox to win their pennant returned 1,900 units. Then the bearded wonders came through and brought home another 1,800 units when they put the stubborn Cards away. Net net we added 3,800 units to our bankroll on a 700 unit investment. That makes a 543% return on our investment in six months’ time. An annual return of 1,086%. Not bad in an era when financial institutions are paying their best customers 1% or less on CDs and using their money while they are doing so. I know many of you reading this space would rather “invest” in games rather than seasons because the impact on your bankroll is more immediate but let me suggest you put a small portion of your investment dollars in the futures. I post all my selections in this space for free and all you have to do is find a place to invest. Thanks for logging on and check back next week for my NHL picks.

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