I thought I'd take some time mid-week to update everybody on the recent performance of the Sports Betting Champ (SBC) system by John Morrison. As mentioned in my last SBC post, the final tally for the 2007/2008 NBA season was 79 wins and 1 loss. The MLB season is also off to a great start with 5 wins and 0 losses. Last night's win with Seattle netted me $50 cash - not bad for the 90 seconds it took to read the emailed pick and place the bet!
I've gotten a number of skeptical emails due to the nature of this system. This is certainly reasonable and I would advise anybody to do their due diligence before putting any type of money making program into action. I thought I'd share some of the frequently asked questions and answer them to the best of my ability. Keep in mind that I walk a fine line between giving away too much information about a copyrighted system; therefore, I unfortunately cannot answer every question.
What exactly is the "system" - software, a web site, a book?
The "system" is a strategy for picking games and structuring bets. There is a separate system for the NBA (basketball) and MLB (baseball) season. You will receive each strategy via PDF file so you clearly understand the concept. The great thing is that you will receive an email from John on the morning of each bet. This means that although you know WHY the games are being picked, you don't have to do the legwork.
What has kept you from betting like $1000 per game? I would think with such accuracy you'd be inclined to bet at least that much.
You can't expect to bet $100 100 times, win 97 times, lose 3 times, and net out to $9,400 profit. If the system worked like that I could quit my job. The system involves picking particular 3-game series. A series may take 3 bets (3 games) to finally win and net a profit for the series. A losing series will happen less than 3% of the time but when you do lose, you will have actually lost 3 bets (each consecutively larger). This means that you need to keep a bankroll large enough to weather a rare losing series. For example, I deposited $800 in my account and set a per game profit target of $20. Sometimes I'd win $20 if my team won the first game of the series and sometimes I'd win $60 if my team won on the third game. Based on this level of betting I could survive a losing series and still have enough funds to keep betting at the same pace. I ran many scenarios and based on a 97% win rate I would win $1,552 over 100 bets with a required initial bankroll of $1,150. This represents over 100% ROI on 100 bets. There were 80 bets in just this past NBA season alone so your total yearly bets will far exceed 100, serving only to further increase your yearly ROI. Also keep in mind that this past NBA season was actually a 98.75% win rate which would have significantly increased the profit (over $2,000 net). As you can see, this isn't a "get rich quick" scheme but a 100%+ ROI seems like a good place to park some of my investment funds. You can't beat the diversification.
I was about to pull the trigger on the sports betting system until I saw a part about a 55% bonus for you first deposit. How is this possible? If John Morrison paid it he would be operating at a huge loss.
The bonus is from the sportsbook site, not John Morrison.It's common for gambling sites to have bonuses to get people to play. They're banking on you losing all of your money anyway. The bonus is structured based on how much you deposit. So if you only do $500 you may only get 20%(I don't know the exact structure).55% is the max bonus. I only deposited $800 and I think I got $125 (can't remember exactly). The great thing for me was that the bonus paid for most of the cost of the system.
I know nothing about sports betting or even sports in general. Is this for me?
This was my first attempt at sports betting. I don't even follow the MLB or NBA season. In fact I didn't watch a single game that I bet on thus far! Anybody with average intelligence can comprehend and benefit from this system. The picks are emailed to you and all you have to do is place them on the site.
How can John Morrison continue to pick winners? How can I be sure this will continue?
Both of the systems are based on a scenario that happens infrequently. When a series matches this certain scenario it has resulted in a 97%+ win rate over many years. This is statistical research, not gambling in my opinion. Here are the most recent statistics according to John's site:
NBA Basketball
'04/'05 season 68 wins - 2 losses
'05/'06 season 71 wins - 3 losses
'06/'07 season 66 wins - 2 losses
'07/'08 season 79 wins - 1 loss
MLB Baseball
2004 season 48 wins - 0 losses
2005 season 55 wins - 3 losses
2006 season 52 wins - 1 loss
2007 season 67 wins - 3 losses
2008 season as of 4/23/08 5 wins - 0 losses
Are there any drawbacks to this system?
The only real risk you run is from variance. Variance occurs when you flip a quarter ten times and it lands on heads 8 of the 10 times. Statistically it should land on heads only 50% of the time but sometimes you get unlucky. The odds of losing two series within a short period of time are extremely low as your chance of losing each series is less than 3%, but it could happen. I feel confident enough in the long-term statistics to reload the account even if I wiped it out with two losses in a row.
Overall I really like this product. Unlike the Forex Autopilot it is proven and there is historical data to back it up. Don't get me wrong, the FAP has made a great return but the long-term results are still up in the air.
Please feel free to email or comment any questions about this system. I did develop my own wagering structure for the MLB season which I feel is superior to John's. I would be glad to share it and also walk anybody through the steps of making their first bets. I have done this in the past and am more than willing to do it again. The only thing I ask is that you purchase it through my link.
It's the only way I can know that you actually purchased the product and avoid copyright infringement.
Best,
Craig
Past Sports Betting Champ Posts:
Sports Betting System Independent Review
5 comments:
Does which gambling website you sign up for matter?
Not really...but John Morrison has a special bonus code that you can use which will give you better odds when you buy points on NBA games. The recommended site is BetUS.com and I've had a good experience with them.
This sounds interesting. I am going to give it a shot. Going through your link... :)
Much thanks! Keep checking back. I'm developing a product related to this system which I will be offering free to those who purchased through my site.
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