Tuesday, August 6, 2013

Sometimes You Have To Ask Yourself The MOST Important Question....

Hello Everyone,

What is the most important question?


Are you in it for the ACTION?   or   Are you in it to REALLY make money?

So I'm asking you to look in the mirror and I hear a lot of you saying "I'm in it to make money Tod!!!"  but in the same breath you've bet nearly every game on the board AND  you're following six "Cant Miss" systems.

Wanting to make money and having a plan that will actually make you money are two very different things.  Everyone WANTS to make money, of course, and unfortunately in this industry their are so many con-men that it's tough for the average sports investor to know which way is up.

Let's do some math.  Let's say you start with just $500.  If you double that money just 2 times a year for just 5 years how much does that equal?

Year 1 = $500 turns to $1000, then $1000 turns to $2000
Year 2 = $2000 turns to $4000, then $4000 turns to $8000
Year 3 = $8000 turns to $16,000, then $16,000 turns to $32,000
Year 4 = $32,000 turns to $64,000, then $64,000 turns to $128,000
Year 5 = $128,000 turns to $256,000 then $256,000 turns to $512,000

Pretty amazing right?  Everyone loves the $500,000 and loves the idea of starting with just $500 but executing that plan is where everyone fails in the first 6 months.

Why?

1. GREED

After a few weeks of rolling along and your $500 is now $700 and then you get that email from superscam sports that says they have inside information into todays game.  You can DOUBLE your bankroll on this one.....right?  Taking a few months to double that bankroll doesn't sound so attractive when here is a guy promising you to double it in one night.  There is no shortcut and Vegas is actually COUNTING on your greed.


2. EMOTION

This probably could have been number 1 but our emotional investment in the games is what kills us.  You literally have to play the games like a robot and not care at all from night to night.  If you have some kind of system or person you're following, hopefully it wins enough and you can just put in your bets each day and adjust your money management based on the results.  

THE GAMES ARE ONLY A VEHICLE.

If you're a poker player, that's your investment vehicle of choice, maybe you invest in stocks or whatever....Sports is no different.  If you want long term success you need a plan and you have to stick with it.  Take the emotion out of it. 

3. MICROMANAGING

This is another biggie.  When you're investing in sports you have to think of it as a long term investment.  You can't panic every time you have a tough day, or week, or even month...that will happen.   

The reason that many of my subscribers have been with me 7+ years is that they realize that the way to win in the end is patience and a slow-steady approach.  Look, I've been doing this now 11 years and I've made my share of mistakes too but I've learned from them.  I've refined my programs to only the best plays and best situations in each sport.   As an example, last April I told my members that we were going to double our money 2 times per year and all retire in about 5 years....4 months after that promise we are +70% on our bankroll well on our way to our first double and right on schedule.  However, in mid june we had a bad 2 weeks that took away 20% of our winnings at that time.    THAT IS THE POINT WHERE MOST PEOPLE FAIL!!!  We lost 20% and most people then double up their base wager, and push it...trying to get that 20% back asap..right?   We didn't do that at all.  I LOWERED our base wager back to our base bet of 1% and over a 4-5 week period we have grinded back our profits and now we move forward.   No one was in panic mode.  None of my guys MICROMANAGE.....bad weeks, bad months..they happen occasionally but you have to deal with it, dust yourself off and get back rolling.

STAY THE COURSE

4.  WHAT WE PLAY

There is a reason I took 4 years to develop a solid soccer program or 5 years to hone in in certain criteria to use horse racing as one of the best INVESTING vehicles.  It's not that I hate sleep or that I'm just a research buff and can't get enough of numbers.  There are probably 100 soccer matches played every day and there are at least 100 horse races run every day.  

So let me ask you this...

Do you think it's easier to find just ONE OR TWO soccer matches out of 100 or horse races out of 100 races run with a good opportunity?   Or do you think it's easier to find 1 out of 16 NFL football games where EVERYONE and their brother are playing and the lines are sharp as razors?

Do I like watching football?  Hell yes I do!  Is football the best investment vehicle?  Nope, probably THE WORST OF ALL SPORTS.   Why?

In MLB there are 162 games and teams get in a rhythm or a groove from time to time because they CAN'T possibly give a top effort every night.  In NBA there are 82 games and long road trips and it's easier to find weak spots as again teams play at one level during the season and another level completely during the playoffs.  NHL, same story as the previous 2.  Even English Premier soccer will have 40 matches in their league play PLUS a variety of Euro Cup matches.

NFL has 16 high emotion, MAXIMUM EFFORT games.  There is no groove, there is no flow.  It's an all out battle 16 times per season.  EMOTION IS THE ONE FACTOR THAT CAN DE-RAIL YOUR BANKROLL AND THE ONE FACTOR YOU REALLY CAN'T HANDICAP OR ACCOUNT FOR.  NCAA Football is slightly easier to find soft spots because of the volume of games but it's still a NO FLOW type sport.

So what am I suggesting?  Well, if year after year you continue to make money in NBA, NHL, or MLB and you keep pissing away your bankroll in Football...

STOP BETTING FOOTBALL!!

That's right, I'm a professional sports investor and I said it.  Now, maybe you ONLY make money during football and lose betting all the other sports......my answer would be the same....STOP BETTING THE OTHER SPORTS!  or find someone you can trust to provide you with selections and money management for the sports you're weak in.

So, are you in it for the ACTION?   OR  Are you in it to seriously make money?

I can tell you this....for my guys and gals, with Soccer going year round and NHL starting in 6 weeks or so....we will play football but the games we play better fit what I'm looking for.  We have a goal at Platinum Sports INVESTING and that's to double our money twice per year and NO SPORT will de-rail us from that goal EVEN IF IT MEANT NOT BETTING FOOTBALL.  We're in it for the long term money....and trust me, it's taken me personally a long time to get there.  It's not easy but emotional investing will take you down fast.

Find where your good and stick with it.


PSIC COMPLEMENTARY SELECTION

For our comp play today we are going NORTH OF THE BORDER to the track

FORT ERIE RACETRACK
RACE 10: #11 TITANIUM JANE 12/1
RECOMMENDED BET:  WIN AND PLACE

This horse loves the Fort Erie track and has shown steady improvement in the first 3 races back after a layoff.  This is the 4th race back and should be a top effort.  In a race where it is total CHAOS and there is a lot of front end speed, this should set up nice for this closer.


To your success,

Tod Wilkinson



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