Beware of the Betfluencers
NFL 22 Week 14 Monte Carlo Results + Value Bets + Kelly Portfolio Updates
While impressive cover rates and sexy advertised returns may draw your attention, before you copy and paste bets blindly (or worse yet, for a fee) from touts and the bet influencing class, ask yourself: is there a (systematic) process behind their success?
While it’s not critical that you necessarily understand their approach, it is imperative that you can affirm that a betting expert has a method behind their recommendations. Why? Because sports gambling, like virtually every casino invention, is mathematically constructed to yield positive returns for the house at the expense of the player, in the long-run.
Good luck can last only so long before the rules that govern chance take hold.
Anyone who engages in the distribution, promotion, or advertisement of picks and plays (for free or for a fee), ought to be expressly transparent about the risks of following their advice, and sufficiently knowledgeable of the probability and chance.
If you are interested in maximizing your returns through sports betting, and determine there’s no schema scaffolding their touting, but they are ostensibly credible, then they are just lucky, if not fraudulent (or both). Unfortunately, with enough…