Posted Sunday, September 27, 2015 10:05 AM
The great majority of people investing in NFL games have no experience in operating a business. Therefore, many of these people don’t calculate overhead into the cost of making their investments.
Now I haven’t done the math in a few years, but if I remember correctly, it used to be that to break even in Las Vegas casinos when investing in NFL games you’d have to be at something like 54.3% correct with your picks.
This figure was before your overhead. Overhead might include travel expenses, food, lodging, playing slots or whatever during breaks, giving your significant other money to gamble, etc..
That’s why I proclaim that “IF YOU KEEP YOUR OVERHEAD LOW” you must be at or above 55% correct in your picks to make a profit.
Those of you who might be skeptical of the above statement, I advise to look into the PREVIOUS YEAR’S HISTORIES of the Westgate Supercontest. Most of the previous winners had winning percentages in the 52 to 57 percent ranges.
Before I throw some figures at you, those of us into handicapping NFL matchups know that there’s usually only a few games each week that are worth the investment.
I figure the above at averaging around five games a week.
You’ll note that the Westgate Supercontest caps their entries at five games each week.
So here comes the math to illustrate what it takes on any particular week to make a profit for that week. Remember, our goal is >>> 55% <<< if you’re just inv... [More]
Posted Saturday, September 19, 2015 03:01 PM
Picks, commentary, advice, football jokes, football anecdotes, helpful links, etc..
http://www.kinzuakid.blogspot.com Then click the photo of the old guy standing next to the topless mermaid bowsprit in the dining room of the Las Vegas Margarittaville.
If you don't read our weekly blog article, we can't save you any money.
Posted Saturday, September 12, 2015 03:03 PM
Free picks, commentary, advice, helpful links, football jokes, etc..
http://www.kinzuakid.blogspot.com Then click the photo of the old guy standing next to Margaritaville's topless bowsprit.
If you don't read our weekly column, we can't save you any money.
Posted Saturday, August 15, 2015 11:38 AM
If you don't follow our advice, we can't save you any money.
Then click the photo of Pappy standing next to the topless mermaid bowsprit in the Las Vegas Margaritaville's dining room.
Posted Saturday, October 18, 2014 04:33 PM
I usually don't post to the NFL forum directly, preferring to respond to the comments of others.
However, after finishing all my calculations I like to compare my picks other handicappers/investors. My system is entirely mathematical, but I am well aware that most people use other systems.
To my surprise, it seems that just about everyone is on the COLTS, myself included!!!!!!!
Now I've learned long ago to stay off bandwagons.
But this time my indicators are so strong I'm climbing on.
Hope it's a good ride!
Yore [sic] ol' Pappy