This Episode We go over the "Bets we got wrong"
21-11=66% wk 3 *(52.5% is break even)
60-38=62% (Year To Date) =$19,000.00 ish profit
You learn more from the bets you got wrong than the bets you got right
Link To Hawthorne Effect
www.investopedia.com/terms/h/hawthorne-effect.asp
“Most expensive advice is bad advice”
Process is
1)Research
2) Use math (which is pattern recognition not calculation and statistics)
3)Rigorously apply logic
4) Make a good decision that consistently results in free cash flow, profit and money.
Podcast is actionable information in real time to monetize the outcomes of the games
However "Salesman think short term-businessman and women think long term"
We have 1000% ROI -Return on investment. "Higher level thinking is long term thinking"
Meaning 10 times more money than what you started with by listening o the Podcast
Bet The Process This is the CNBC Bloomberg Fox Business Of Sportsbetting
Regression To The Mean
As Robert Glazer writes "The concept of regression to the mean was first discovered by the statistician and sociologist Sir Francis Galton. As part of his research, Galton observed that tall parents tended to have children who were shorter than them, whereas short parents often had children who were taller than them.
Based on this, Galton developed the principle of regression to the mean, which states that in any series with complex phenomena that are dependent on many variables, where chance is involved, extreme outcomes tend to be followed by more moderate ones. In other words, if something extremely unexpected happens, it is likely to be followed by something that’s more aligned with statistical projections or expectations.
We have a tendency to overreact to results in the short term and use those outcomes to make long term decisions, ignoring the reality of regression to the mean. In particular, we tend to ignore the role of luck and timing when evaluating extreme early outcomes. "
"Regression to the mean" plays out its importance with betting lines
NFL AFC Betting Preview Clear Edge Season Totals
College Football - Big Ten Gambling Betting Season Preview 2023
College Football - How To Bet The Pac 12 2023
College Football Betting Preview How To Bet Big12 Football 2023 70% ATS Is Always The Goa
College Football Betting Preview How To Bet The ACC Football 2023 70% ATS Is Always The Goal
College Football Betting Preview How To Bet The American Conference 2023 70% ATS Is Always The Goal
College Football Betting Preview How To Bet Conference USA 2023 70% Against The Spread
What SportsBetting And Business Lessons Can We Learn From Belinda Stronach ?
36 Million Lost By Jorge Narravo Horse Trainer Why? And How? (Wear Headphones) Sound hard to fix this time
#MotivationalMonday I guess a message people needed to hear 20k
NFL Draft Day 2 Betting Breakdown
NFL Draft Day 1 -2023
#MotivationMonday ”Best Of” 🔥🔥🔥 ”Addition by subtraction” Delete what is NOT making you happy!
Weekly Thoroughbred Racing True Crime Call To Post Jorge Narravo- Fall From Grace Free Picks
Weekly Thoroughbred Racing True Crime Call To Post Jason Servis- Fall From Grace
Final 4- March Madness Monetization 2023 Winners And Why
March Madness 2023 How Bet The Games Against The Spread & Bank Sweet 16
March Madness 2023 How Bet The Games Against The Spread & Bank
How To Wagner College basketball Champ Week 2023
Motivation Monday-Murdaugh Murders Lessons
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AU Wishbone: Auburn Sports
Michigan Insider
The Herd with Colin Cowherd
The Pat McAfee Show
Nightcap