Can Sports Betting Become an Alternative Investment Market
With all the turmoil in the economy and the housing market, the investors keep their money on the sidelines, or look for alternative markets. Most stocks are tied to the economic news, with no parameters and direction. It is always difficult, even for sophisticated investors to time the bottom. You must be much more selective.
The sports betting market is it’s been a long time with some controversy in the earlier years. However, there is a lively market in today’s highly competitive sports arena. Nevada sports books have the regulated monopoly on legalized sports betting. Can the amateur recreational bettors make money on these books — sometimes, but not in the long run.
The pros know how to look for the edge and only need a minimum of 55%, reaching a modest return on investment to make. A 15% to 25% for the year is very possible. The good ones are few, but the results are fast and there are opportunities every day when bad betting lines are found and exploited. The so-called experts have the betting lines, how they perceive the betting public will react. They want in the ideal case even bet on both sides. Their number has come close to about 65% of the time. Her most recent Super Bowl line was still far away and they had the wrong team – Indianapolis Colts – with too many points. This happens a lot in all sports. They offer a good service, but their statistics and computer models can only go so far. Investments in this area have a limited scale and can not with the millions or billions to pour into these other markets. But investors with up to one million is a very nice return with the right professional.
The largest competitor in this legalized sports books, the Internet. The reputable online sports books have been growing very rapidly, to the Port Security Bill to illegal Internet Gambling Act was passed attached. It had nothing to do with the other. There was betting a disaster for many publicly traded gaming company in the United States and foreign public. Hopefully it will be canceled and regulated online gambling bill by Barney Frank sponsored a day pass – but don `t hold your breath!
The betting investment options on the internet – if it is legal – are numerous and demanding. The formats are the latest betting exchanges and spread betting in the UK – where Internet gambling is legal, but that does not help U.S. bettors. These new formats have bet to invest many points of view and do not offer an advantage if you know what to look for.
If the regulatory cloud over the sector is removed, then you will see investment vehicles similar to the hedge funds and derivatives, which are in the other investment markets. Tax revenues alone could run into millions, if this market is regulated and legal. For now, it seems, Nevada still has a lock on this market. MEET in Las Vegas!
Tags: online sports