Getting an Edge in Sports Betting: Contrarian Sports Investing

Many people enjoy sports, and sports fans often enjoy placing wagers on the outcomes of sporting events. Most casual sports bettors lose money over time, creating a bad name for the sports betting industry. But what if we could “even the playing field?”

If we transform sports betting into a more business-like and professional endeavor, there is a higher likelihood that we can make the case for sports betting as an investment.

The Sports Marketplace as an Asset Class

How can we make the jump from gambling to investing? Working with a team of analysts, economists, and Wall Street professionals – we often toss the phrase “sports investing” around. But what makes something an “asset class?”

An asset class is often described as an investment with a marketplace – that has an inherent return. The sports betting world clearly has a marketplace – but what about a source of returns?

For instance, investors earn interest on bonds in exchange for lending money. Stockholders earn long-term returns by owning a portion of a company. Some economists say that “sports investors” have a built-in inherent return in the form of “risk transfer.” That is, sports investors can earn returns by helping provide liquidity and transferring risk amongst other sports marketplace participants (such as the betting public and sportsbooks).

Sports Investing Indicators

We can take this investing analogy a step further by studying the sports betting “marketplace.” Just like more traditional assets such as stocks and bonds are based on price, dividend yield, and interest rates – the sports marketplace “price” is based on point spreads or money line odds. These lines and odds change over time, just like stock prices rise and fall.

To further our goal of making sports gambling a more business-like endeavor, and to study the sports marketplace further, we collect several additional indicators. In particular, we collect public “betting percentages” to study “money flows” and sports marketplace activity. In addition, just as the financial headlines shout, “Stocks rally on heavy volume,” we also track the volume of betting activity in the sports gambling market.

Sports Marketplace Participants

Earlier, we discussed “risk transfer” and the sports marketplace participants. In the sports betting world, the sportsbooks serve a similar purpose as the investing world’s brokers and market-makers. They also sometimes act in manner similar to institutional investors.

In the investing world, the general public is known as the “small investor.” Similarly, the general public often makes small bets in the sports marketplace. The small bettor often bets with their heart, roots for their favorite teams, and has certain tendencies that can be exploited by other market participants.

“Sports investors” are participants who take on a similar role as a market-maker or institutional investor. Sports investors use a business-like approach to profit from sports betting. In effect, they take on a risk transfer role and are able to capture the inherent returns of the sports betting industry.

Contrarian Methods

How can we capture the inherent returns of the sports market? One method is to use a contrarian approach and bet against the public to capture value. This is one reason why we collect and study “betting percentages” from several major online sports books. Studying this data allows us to feel the pulse of the market action – and carve out the performance of the “general public.”

This, combined with point spread movement, and the “volume” of betting activity can give us an idea of what various participants are doing. Our research shows that the public, or “small bettors” – typically underperform in the sports betting industry. This, in turn, allows us to systematically capture value by using sports investing methods. Our goal is to apply a systematic and academic approach to the sports betting industry.

Use The Stealth Runeword in Diablo 2 to Get an Edge Over Everything Around You

Stealth is a Runeword used in body armor and favored by players with low-level characters due to both its low level requirement and the fact that its stats offer something for every class and build out there.

Requirements:

Body Armor with 2 sockets

Runes (in order): Tal + Eth

Required Level: 17

The Stats:

Magic Damage Reduced By 3

+6 To Dexterity

+15 To Maximum Stamina

Poison Resist +30%

Regenerate Mana 15%

25% Faster Run/Walk

25% Faster Cast Rate

25% Faster Hit Recovery

Runes (in order): Tal + Eth

TAL and ETH are common runes. ETH is very common and you receive TAL (plus RAL and ORT) as a quest reward in Act V.

Required Level: 17

Your character can start wearing armor equipped with the Stealth Runeword at the low level of 17. Body armor equipped with the Steal Runeword is very often better compared to the other armors that are available for players around that level.

Poison Resist +30%

A boost to Poison Resist stands this Runeword in good stead due to the fact that the Final SuperUnique of Act 1 is Andariel, whose successful attack not only deals good physical damage, but poisons for quite a high amount of damage as well.

A +30% boost to Poison Resist makes it easier to kill Andariel on Normal Difficulty, before moving on to Act 2.

Regenerate Mana 15%

This is a good mod for all casters, or physical fighters who might not have enough mana to use their skills.

25% Faster Run/Walk

Faster Run/Walk is a mod that makes your character run or walk faster. It is an important mod for PvM (a player mainly concentrating on the game, ie. Players vs. Monsters), as it allows you escape from monsters who prove too powerful for you. It is an even more important mod for PvP (Players dueling with other Players), where being faster allows you to close the distance between yourself and the enemy that is hurling death at you from a far distance (the usual scenario is of melee characters chasing down casters)

25% Faster Cast Rate

This mod is very useful to casters, because it reduces the amount of frames that happens when a caster casts their magical spells and attacks. The less frames required to cast a spell, the less time it takes to cast that spell!

25% Faster Hit Recovery

Good for melee fighters who require more % FHR to break their target breakpoint.

Summary:

Stealth is an attractive Runeword because it is easy to make, it can be used early in the game, and offers something for everybody. What’s not to like?