Insights Introduction Stories, Articles and Game Theory That Will Help Your Wallet

 "Las Vegas is the only city in the world where you can arrive in a $70,000 vehicle and go home in one worth a quarter of a million….. A Greyhound."

Scary Numbers:

1) On Any Given Day:

4% of those who wager on horses show a profit.

2)  In Any Given Season:

2% of those betting on football make money.
(Takeout the professionals and this number is lower.)

From the late Bob Martin, manager of Las Vegas’s first sportsbook:

“The number of bettors who win betting pro football is so small that it is virtually the same as if nobody won.”

Ask a typical gambler leaving a racetrack or casino if they made money.

They didn’t win.

They didn’t lose.

They broke even.

They lied.

3)  In Any Given Lifetime:

0% of those wagering in a casino show a profit.

Steve Wynn (owner of multiple billion dollar casinos) was interviewed on 60 minutes and asked:

“Have you ever known, in your entire life, a gambler who wins here big and walks away?”

“Never”, Wynn emphatically replied.

60 minutes then followed with:

“Do you know anybody over a stretch of time, who is ahead?”

Wynn replied with another unhesitating answer:

“Nope”

I agree.

Casinos are guaranteed a profit because you’re betting against the house and not your contemporaries. Sportsbooks continually

adjust or balance the odds so that they will almost always show a profit.

The difference between football and games of chance, is that you are wagering on a commodity that can be analyzed.

So can you really make money wagering on football?

Yes.

Do you need to spend 100’s of hours studying analytics?

No.

4) Two simple things can make you lots.

a) You need to think differently than everybody else.
b) Partner with someone who has had long term success, has exceptional resources and   who obsessively researches whatever is needed to win.

There are no shortcuts.
  

Most assume that what happened on the football field last week will happen the next.

It doesn’t.

If the average gambler could win just 53% of his or her wagers, Sportsbooks would be filing for bankruptcy.

They aren’t.

What to expect.

I guarantee that I’ll keep your attention, sometimes make you laugh, and most importantly help boost your bankroll.

If you consider yourself a professional, these insights will increase your profits.

If you’re more of a novice, you’ll learn lots without having to worry about many of the technical angles.

If you do like to work with numbers, you’ll love these write-ups.

If you don’t, it doesn’t matter.

I do the work for you.

You’ll also hopefully get a few insights into how my mind works, and some stories that are hard to believe but true.



They’ll include:

1)  How one gambler lost $300,000 in five weeks with inside information.

2)  How another lost his inheritance in 3 days.

3)  Why Benjamin Franklin and Thomas Edison could have been frauds.

4)  How I got thrown out of some High School and college classes but still managed to receive “A’s” in the courses.

5) You’ll read how gamblers lost fortunes, and how others made more than they could spend.

You’ll learn to identify games that can win over 63% of the time.  

My profitable angles start with those that work best at the beginning of the season, to those that convert later, and finally those that will win your bowl

and playoffs games.

Have fun.

John Rothschild

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