How about a DK check? Although I intertwine it throughout, haven’t dedicated a whole blog to my sports investing in a while. Am I still above water? The answer is yes. Sports investing is a grind, kind of like life; there are good days and there are bad days. You stick at it though; you don’t give up. You have to continuously show discipline; stick to the game plan. The hope is, when it’s all said and done, you’ll be in good shape; life doesn’t always go as expected though…
With college basketball ending, there’s one less sport to look at, and no, I’m not interested in dabbling in the Masters this weekend. I have in the past, but… need to focus just a bit. Between NFL, NCAAF, NBA, NCAAB, MLB, and NHL… that’s 6 areas of expertise. I feel kind of like my son trying to master 4 separate strokes in the pool; will there come a time when I need to focus on fewer than “the big 6”? Certainly don’t see myself adding anything at this point, although I did throw a NCAA Women’s College Basketball game the other day; I lost it… that’ll teach me. So yeah, stick to the 6 sports… right now, we’re talking about 3; that feels doable. Also, the volume of bets I’ve been placing has come down too; I think that’s a good thing, although NOT required per se. Whatever play/plays fit in my brain, I will play them; I do try to be very selective though.
The biggest thing lately… I’ve been taking the losses in stride. Sure, are there some painful 1/2 point losses, or wins which were already in the bank then were not? Yes, always. Thankfully, I have ones that looked lost that I pulled out; games that I “aced” by that half point. It should all balance out in the end, although, is that really the goal here? The goal, eventually, is to build my bankroll, not simply maintain it. After 2+ years of investing, I’m up approximately 16 units; of course, my units are relative to my bankroll… very small. Still, it’s free learning for me; this stuff takes time. I’m constantly learning lessons, sometimes repeating the same mistakes; sounds a lot like life too. One day I’ll get it, right? Right…
Well, the % of folks who can do this for a living are very small, probably in the same ballpark as the percentage of athletes who play in the sports we’re wagering on. Certainly nowhere near that point; we may never reach THAT. Yet, something on the side… you know, one of my multiple streams of income type concept… that’d be nice. Biggest thing, just like with life, is balance. I have a certain (small) amount of time to “dedicate” to this. If the time I spent on this would directly correlate to the results, well, I would quit my job, but… that’s not exactly how this works, although if I was able to put more time into it (just like anything), I certainly think I’d see an uptick. For now, we’re good. I’m not losing any money; at the end of the day, I’m in the profit (very small) zone… nothing wrong with that.
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