Sports Wagering advice by The Outlaw Micheal Tomsik
Hello from The Outlaw Micheal Tomsik. Months after I got out of the sports investment business as I owned Micheal Tomsik Sports Investment Company and Outlaw Sports Betting Club the laws in America started to change with legalizing wagering in other states besides Nevada.
ABOUT ME:
I opened the first sports investment company in Reno Nevada in 2015 when it was legalized by the Nevada Gaming Commission. I had known the laws where going to change and I had been running test runs and gambling on sports myself since 2014.
I published a book in 2016 and two more in 2017 all about my companies and my sports wagering.
Not only that after many people doubted me I proved it live on facebook, steemit and youtube.
I have several books on Amazon CLICK HERE to see or read them!
THE SPORTS WAGERING INDUSTRY:
New Jersey and Delaware seem to be the first States to jump on board however MGM and BOYD Gaming also are jumping in along with William Hill Sports Books. Also Churchill Downs just signed a new contract with the Golden Nugget Casino in New Jersey.
So not only sports companies will benefit with expansion into other states. Soon other states will be opening up as well as the states and companies expand so what does this mean to America and sports wagering?
Looks like sports wagering is gonna be a huge. Industry estimates are in the billions of dollars in revenues. However some of the professional sports leagues are fighting it a little still. I do not see it turning back however. Legal sports wagering could offer states new revenues and cut down on illegal wagering and crimes associated with illegal wagering. States that bring in sports wagering offer a new service and provide a safe environment for those people to wager on sports. It is a bit unknown at the moment so we will watch and see where this all leads down the road.
SERVICES THAT PICK GAMES:
Another industry that may expand is companies that charge a fee to pick sports games for people that can offer you a good wager. There are several companies in Nevada and other places however they actually are not wagering on the games or sporting events them selves. I personalty do not like these services in my opinion they are deceiving to the customers. These companies have no money wagered on the games only the customers are the one actually wagering on the events. When I had my two companies I made all the wagers in Reno sports books and picked all the games. I had a recorded a 70 percent correct pick ratio and offered my investors about a 10 percent increase over the investment amount they made. I have had a feud with some of these pick companies and even had to block them because I posted my wagers and I got slammed a few times from my wagers and picks. Over the 3 years I wagered sports for my investment companies I wagered 10 games per day five days per week. That right 50 games per week or 200 per month. I wagered form June to April so 11 months out of the year. So on average I wagered 2200 games per year over four years. That means I wagered 8.800 sporting events. With a 70 percent pick ratio I won a little over 6,000 events.
Recently I saw a service advertising online that offers to pick games. This company states on the web page a man from RENO NEVADA makes $6,450 per month from sports investing. The article says the person makes $2500 to $4000 per month. I could believe that however than I read onward.
The article continues and even shows a check from a FAKE CASINO that is suppose to be in Reno Nevada. However there are five sports book in Reno.
William Hill, Atlantis, Peppermill, Harrahs, and a new one at Baldinis Casino.
The article goes on with showing a bank account that is blurred out from Bank of America. There may be better services out there for me here is my advice to anyone who wants to wager sports professional or use sports wagering as an investment or try to become rich off sports wagering.
THE OUTLAW ADVICE ON SPORTS WAGERING:
ONE:
If your wagering for fun like few bucks on a game for entertainment it is one thing. If your wagering sports as a living you must have knowledge of sports betting lines and how and what makes lines move. Learning sports wagering is must knowing a point spread, money lines, over and under or how to read these numbers and understand them is needed. If you do not do this do not even attempt to become a professional sports gambler or investor.
TWO:
If your deciding sports gambling is for you there is more to do than place wagers. Research your games, keep track of wins and loses, injuries, n weather, and other factors play in to games and lines set by the sports books. I worked harder doing my investment companies and wagering personally than I did at any job. If your doing this for an investment or to make money it is about that not about winning and losing or your favorite team. It is not about beating the sports book. This is where people go wrong it is a business and it is about making money.
THREE:
Speaking of Money in my books I talk about SEED MONEY or a BANK ROLL to start with. For this you need to go back to rule ONE knowing how sports books operate. How much you can place on a wager, how much will it pay off, and can you afford to lose a wager. Knowing how much money you can afford to start with and be ready to lose it as well, It is the name of the game in sports wagering. Though in my books I feel I came up with a pretty good system for wagering sports for investments and making money. After all I did make my investors 10% more than the amount they invested and I personally wagered an entire year on my own making a living wage that compared to $15 per hour.
Sure I worked in sports books in Nevada for 8 years, and operated 2 investment companies for 3 years and gambled professionally on my own for 1 year. So I have 12 years experience in the SPORTS WAGERING investment and business. In my books I prove you can make a living wagering on sports. However like any business or operation you have to prepare to lose money as well. How much you invest and how much you wager and how you wager is up to you but make a plan, have a budget, and do not stray from it.
I have been thinking about bringing OUTLAW SPORTS BETTING CLUB BACK we will see maybe this football season!
The Outlaw Micheal Tomsik