Investing In College Basketball
Editorial Reviews
Book Description
Investing in College Basketball provides a comprehensive set of tools and techniques for successfully wagering on college basketball. It shows how the returns - winnings -- from investing in college basketball can be far greater than investing in stocks and bonds. These returns can be achieved by anyone with an interest in basketball, basic mathematical skills, and a computer with spreadsheet programs and Internet access. The power of the methodology is demonstrated by actual investing results for the 2003-2004 season of the Atlantic 10 Conference. The book includes an analysis of investment outcomes for the A-10 Conference, the working papers for assessing each team, and the analysis of each game for which an investment was made. There are extensive examples of how theory is applied in analyzing actual games and showing how good analysis consistently pays off.
From the Inside Flap
Gambling on college hoops is a waste of money.
Investing in college basketball can be much more profitable than investing in stocks, bonds, real estate, and other more conventional assets - and doing so can be a lot more fun.
There are a set of tools and techniques for identifying good basketball investments that can be mastered by anyone with an interest in basketball, basic mathematical skills, and a computer with a spreadsheet program and Internet access.
Wagering on college basketball must be viewed like other investments -- applying sound financial and economic principles. For that reason, it is important to adopt a financial perspective - to think of wagers as "investments," sports books as "exchanges," winnings as "returns on investments," and the vigorish as "commissions."
College basketball provides an investing opportunity for the individual investor. While certainly there are professionals in sports wagering, most wagering is done by individuals. To win big it is only necessary to be more insightful than most other individual investors, not to beat the professionals.
In contrast, in the stock and bond markets, most of the trades are made or influenced by thousands of professionals. These traders are supported by hundreds of sophisticated researchers who have more information about companies than individual investors can ever have.
Today, there are enormous amounts of information available for Division I college basketball teams and the games they play. An individual investor can have access to virtually all of the information that is available to the most sophisticated professionals and more information than is used by competing individual investors. By applying proven analytical techniques - largely simple math - individual investors can gain a substantial advantage.
This is the most comprehensive book on college basketball wagering. It addresses how the market and the many sports books work, the different types of wagering opportunities available, how to select a conference to specialize in, the process of identifying advantageous investment opportunities and making investments, the key factors in assessing teams and the match-up in a specific game, money management, and the needed information and technology infrastructure.
Investing in College Basketball shows precisely how all of the tools and techniques are successfully applied. It includes all of the working papers for team assessments and each investment for the teams in the Atlantic 10 Conference for the 2003-2004 season. The results for the season were a 71% win rate and a return on an original bankroll exceeding 300%.
Investing In College Basketball
Investing In College Basketball,Larry R. Seidel,Authorhouse,1418481394,Basketball,Basketball - College,Betting,Gambling - Sports,Games / Gamebooks / Crosswords,General,Sports,Sports & Recreation,United States,Sports & Outdoor Recreation
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