Steady Wins the Race: Money Management at Steady Gain Sports
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Steady Wins the Race: Money Management at Steady Gain Sports
Since going public with our Analytic Software, we’re sitting at a solid 7 & 0. So, let’s talk about something crucial—money management. You might be wondering, “If the software’s this good, why not wager more on each game?” Or, “What happens if we bet the same amount on every game?”
Let’s break it down with a couple of examples.
With a streak like this, if we were your typical handicappers, we’d be out here thumping our chests, shouting, “No one can beat us or our system!” Cue the Silverback, pounding his chest in celebration.
But in SGS land, we don’t have room for bravado. We’re not about self-promotion; our mission is to show people how to succeed in sports wagering with full transparency and honesty.
We could also claim we have insider info that no one else does, charging higher fees for our picks. But that’s not us. Yes, our software is excellent, and since going public, it’s proven its worth. But here’s the truth: losses happen, and managing losses is just as important as picking winners.
If we’d bet $1,000 on every game, at 7 & 0, we’d be up $7,000—a whopping 70% return on our initial $10K stake. Sounds great, right? Cue the Silverback again to celebrate our greatness.
Our longest win streak before going public was 12 in a row! But here’s the flip side—our longest losing streak was 9 in a row. If we’d bet $1,000 on every game during that streak, we’d be down $9,000—90% of our capital—leaving us nearly wiped out and possibly chasing losses, just like many others in the sports betting world (cue sad monkey face).
It’s simple: Money Management. The goal is to preserve and grow our capital so that we can steadily increase our wagers over time. Our software doesn’t just tell us which games to bet on; it also guides us on how much to bet. In other words, steady wins the race at Steady Gain Sports. You’ll see us bet more as we grow our stake—that’s smart money management.
Around here, we have a saying in the monkey cage: “Don’t hurl doo doo; instead, groom your fellow chimps.” We all work together at SGS to ensure everyone succeeds.
“With Positive Intent,”The Monkeys at Steady Gain Sports