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Evidence Proving That Sports Betting Can Run As A Business - Business - Nairaland

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Evidence Proving That Sports Betting Can Run As A Business by Hardfacts234(op): 3:57pm On Oct 05, 2017
I often read comments here of people dismissing punting as not a viable business.Even Seun had to "proscribe" betting Lol

Sports bet/Punting can be run as a profitable business. I'm not talking about guys at betnaija shops using 100naira to find 1m. Those ones are gambling and not trading therefore have slim chances of making it big.

Here is http://priomha.com/ Priomha Capital is an Australian based Sports Betting Hedge Fund which wagers on European football,cricket,golf ,tennis and horse racing.Founded in 2010, the firm manages about 20million dollars of investor's fund.

This company has been paying it's investors for 7 years now from profits made solely from sports betting.

" We analyze data, we build algorithms, we predict what will happen and then we make a
trade," --  Brendan Poots CEO of Priomha Capital.

There is another one in the UK also doing well http://www.stratagem.co/

These companies has not defaulted for years now,they are making it from sports punting,so it's actually wrong to say punting can't be run as a profitable biz. Why people fail is because they are not getting it right.
Re: Evidence Proving That Sports Betting Can Run As A Business by peeps4u: 4:04pm On Oct 05, 2017
Hardfacts234:
I often read comments here of people dismissing punting as not a viable business.Even Seun had to "proscribe" betting Lol

Sports bet/Punting can be run as a profitable business. I'm not talking about guys at betnaija shops using 100naira to find 1m. Those ones are gambling and not trading therefore have slim chances of making it big.

Here is http://priomha.com/ Priomha Capital is an Australian based Sports Betting Hedge Fund which wagers on European football,cricket,golf ,tennis and horse racing.Founded in 2010, the firm manages about 20million dollars of investor's fund.

This company has been paying it's investors for 7 years now from profits made solely from sports betting.

" We analyze data, we build algorithms, we predict what will happen and then we make a
trade," --  Brendan Poots CEO of Priomha Capital.

There is another one in the UK also doing well http://www.stratagem.co/

These companies has not defaulted for years now,they are making it from sports punting,so it's actually wrong to say punting can't be run as a profitable biz. Why people fail is because they are not getting it right.
How can I reach you please?

Have you invested with any of these people?

Thanks
Re: Evidence Proving That Sports Betting Can Run As A Business by Hardfacts234(op): 4:14pm On Oct 05, 2017
peeps4u:
How can I reach you please?

Have you invested with any of these people?

Thanks
No I have not invested with them.I'm a punter myself. I got to know about them when I was reading an article on 'algorithm and sports betting' I have been following them for over a year now.You can check on their site
Re: Evidence Proving That Sports Betting Can Run As A Business by peeps4u: 4:59pm On Oct 05, 2017
Hardfacts234:
No I have not invested with them.I'm a punter myself. I got to know about them when I was reading an article on 'algorithm and sports betting' I have been following them for over a year now.You can check on their site
Thanks bro, could you please be helping me with tips. I won't mind bro.

Thanks
Re: Evidence Proving That Sports Betting Can Run As A Business by Hardfacts234(op): 6:55pm On Oct 05, 2017
peeps4u:
Thanks bro, could you please be helping me with tips. I won't mind bro.

Thanks
Making it in sports betting is beyond sending tips and casually placing money on it.Anybody can send tips.This business requires serious efforts.I have a system I'm working on when I'm through I will let u know.

Here is a quote from an article on how this Priomha Capitals get their games:

"They have watchers who gather some subjective game play details, but these data are usually translated into objective constructions like number of corners, number of chances, and degrees of crowd mood, pitch conditions, weather conditions, and even degrees of manager’s mood. In the end, they use
algorithms that fit all the data and place bets according to objective criteria balancing return and risk, as opposed to the tipsters’ subjective evaluations mainly focused on returns. Not that there aren’t good tipsters specialised in certain markets; it’s just that the performance of the average tipster is poor."
Re: Evidence Proving That Sports Betting Can Run As A Business by mrsage(m): 7:37pm On Oct 05, 2017
Interesting.....
Re: Evidence Proving That Sports Betting Can Run As A Business by peeps4u: 7:38pm On Oct 05, 2017
Hardfacts234:
Making it in sports betting is beyond sending tips and casually placing money on it.Anybody can send tips.This business requires serious efforts.I have a system I'm working on when I'm through I will let u know.

Here is a quote from an article on how this Priomha Capitals get their games:

"They have watchers who gather some subjective game play details, but these data are usually translated into objective constructions like number of corners, number of chances, and degrees of crowd mood, pitch conditions, weather conditions, and even degrees of manager’s mood. In the end, they use
algorithms that fit all the data and place bets according to objective criteria balancing return and risk, as opposed to the tipsters’ subjective evaluations mainly focused on returns. Not that there aren’t good tipsters specialised in certain markets; it’s just that the performance of the average tipster is poor."
hmmmmmm, be like you be guru for this thing.
No just understand you. LOL
Re: Evidence Proving That Sports Betting Can Run As A Business by haywhy59(m): 8:31pm On Oct 05, 2017
Op,Wud luv to know u more...
Re: Evidence Proving That Sports Betting Can Run As A Business by Ranchhoddas: 8:56pm On Oct 05, 2017
Hardfacts234:
Making it in sports betting is beyond sending tips and casually placing money on it.Anybody can send tips.This business requires serious efforts.I have a system I'm working on when I'm through I will let u know.

Here is a quote from an article on how this Priomha Capitals get their games:

"They have watchers who gather some subjective game play details, but these data are usually translated into objective constructions like number of corners, number of chances, and degrees of crowd mood, pitch conditions, weather conditions, and even degrees of manager’s mood. In the end, they use
algorithms that fit all the data and place bets according to objective criteria balancing return and risk, as opposed to the tipsters’ subjective evaluations mainly focused on returns. Not that there aren’t good tipsters specialised in certain markets; it’s just that the performance of the average tipster is poor."
This is just rubbish. Sports always have an element of unpredictability that no algorithm can get around. It is what the bookies bank on. Punting can be done as a business quite alright but it's no different from staking large amounts on small odds.
Re: Evidence Proving That Sports Betting Can Run As A Business by Hardfacts234(op): 9:34pm On Oct 05, 2017
Ranchhoddas:
This is just rubbish. Sports always have an element of unpredictability that no algorithm can get around. It is what the bookies bank on. Punting can be done as a business quite alright but it's no different from staking large amounts on small odds.
OK but you just reaffirmed my point that Punting can be done as a business. And i showed you two businesses that are presently profiting from it.
Re: Evidence Proving That Sports Betting Can Run As A Business by leetech:
Good day guys, like they say seeing is believing and that's y I had to take the stress to do this cus I know majority will think am jst another guy as usual but bellow is a result of what we hv been achieving in my premium whatsapp group since 6th of february to 21st of february 2018 at a cost of 3000 naira weekly...this group is not a guarantee to millions over night but a guarantee to a steady additional income flow aside your business..WE CHASE PROFIT....
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Sorry 18th and 19 is missing my record keeper played that on nairabet so has only the screenshot...please note once again that we dnt give big odds 2 to 4 odds max nd no million nairabet ticket jst profit chase..THANK YOU
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Re: Evidence Proving That Sports Betting Can Run As A Business by robertogarcia: 6:12pm On Jun 17, 2022
Well, I know that it's possible to profit if you're placing bets, but it's not a good idea to consider it as a source of income because it's quite risky, after all. I've been placing bets on https://takebet.co.za/betting-tips/btts-both-teams-to-score for a long time, and even though it's profitable for me, it's still all about entertainment.
1 Reply

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