I've been learning a lot about Sports Handicapping as a buisness in the last year. Some things I like and some I don't. I am pretty serious about turning my program into a ligitimate business as soon as next year. However, I wouldn't expect potential customers to trust my statistics and documentation of success. A scammer could easily forge those records and take your money. This is why I'm finding out more and more that to be taken seriously in the industry you must purchase a third-party monitoring service for your predictions. If somebody asks about your past success, you direct them to the sports monitor, and they can see all of your predictions and a percentage of success against the spread.
However, while searching different sports monitors, I'm finding that it is pretty expensive, some in upwards of $400 per month for subscriptions. Again, this is only to have your picks documented. Outrageous! After searching high and low, I finally found a monitor that was free, Sports-Bettors.com. Sports monitors offer access to their clients picks, and allow you to follow certain cappers' progress. Updates about the site to come.
Doing more research, I've been learning about a Sports Handicapping contest called the Hilton Contest. It's like the World Series of Poker's Main Event but for NFL handicapping. In Vegas, you buy-in for $1500 and the winner took home $210,000 last year. Handicappers pick five games a week against the spread and make one their "Top Pick." And, simply enough, the winner has the most correct guesses at the end of the season. Most "Top Picks" correctly guessed serves as a tiebreaker. I found a place to enter for free and have a chance to win $750. If my record is the best ever, I get $3000 to bet on the Super Bowl. I'll keep you updated.
I'll be posting Week 1's picks probably by Wednesday of next week. So, Stay tuned, and listen to hear about Murphy's Pick'em as an insanely accurate sports handicapper.
Friday, September 04, 2009
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