A Quick Start Sports Betting Guide App
POSTED ON
07/24/20
The dream is sold that any average Joe who likes sports or has sports knowledge or who likes to watch sports can easily play money sports betting app
on a sports betting app. If you have a little bit of sports knowledge and if you watch a lot of sports you might think it's an easy way to make some money. The reality says otherwise, some people even sell the dream that you can quit your day job and just make money by betting on sports alone. Sports betting is a lot harder than it sounds. I'm not saying you can't win money on the short run, I'm not saying you can't go take a weekend trip to Las Vegas and come out ahead betting on sports, it's absolutely possible. You can bet NFL for an entire season or any other sport without any kind of hard coded strategy and come out ahead it's absolutely possible. I'm not saying you can't win money in the short or medium run. I am talking about the long run here. Overtime 99% of people will be ground into powder by either the juice or just by being beat by the books. Sports betting truth number 2 and that is sports betting is hard It takes a huge amount of time the amount, of effort and dedication to make money in the long run betting on sports. There is no get rich quick schemes. If you want to profit long term it is pretty much a full-time job to do. It takes a lot of dedication and most people are not willing to put in the effort. That's the thing, it is not easy, if it were easy sports books would either not exist or the reward’s they would offer on their lines would be so high it wouldn't even be worth betting. Which brings us to sports betting truth 3, the only way to profit long term in sports betting is to have a mathematical analytical statistical model rooted in measurable defined and quantifiable statistics. Even though you might have friends that claim that they make money betting on sports just via there their gut or their instinct or their hunches just going to eyeball the board and just picking out winners. That is not a strategy, but that's probably the most common strategy that people use when betting on sports they just go with their gut, their hunches. It takes a defined strategy to win in the long run. I'm not saying you need a PhD in statistics or data science to be able to create models that will win your money in the long run, but at the very least you need basic math knowledge, basic statistical knowledge and a very basic understanding of Excel functions and or programming in order to be in the ballpark. It is only up to you to decide just how much time and effort you are willing to put into it and see just how much you can make out of it.
How To Invest for Your Kids
POSTED ON
07/13/20
Investing is not only beneficial for you, but also for your kids. There are several reasons why you should do this. If you want your kids to attend college one day, this requires a huge investment since college tuition and expenses are increasing all the time. Another good reason to invest is that emergencies happen, and you want to have the funds needed to cover them should something happen to your kids. A solid investment could help fund your kids' aspirations. For example, your child might be interested in owning a business. When you invest in this goal, he will have the startup funds to begin his journey. Here are some ways to invest in your kids. Teach your kids about money at their age is also a good idea.
Trust funds offer amazing benefits for parents who wish to financially invest in their kids. You open a trust fund and then you state what the assets in the fund will be used for. Once you do this, you would appoint a trustee to handle your trust's affairs on your behalf.
You should also consider savings bonds for your kids. There are the Series I bonds and then you have the EE Series bonds. The Series I bonds can be cashed out after a year, but if you go five years without touching it, you get the full interest on it. And if you go 30 years without touching it, this bond can accrue high interest. The EE Series bond offers a fixed interest rate.
In conclusion, saving for your kids' future will earn long-term rewards. You should talk to your kids about money management from an early age so that they'll be financially literate once they enter adulthood. Also, talk about your goals for the savings you're establishing for your child. You can visit BiggieTips.com for more parenting tips.
