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The Sports Handicappers Guide to productivity the world of sports investing is not for everyone. It takes the capability to minimize the margin of risk and maximize the profit.  You need to have the gambling capability when you are trying to enter this precarious industry. We are talking about the sober and devoted Sports Investor who makes a big part of his living through betting on sports. You should have the ability to deal with the stress that is inherently associated with Sports Betting. You should possess patience, discipline. Sports betting and Sports investing are really two completely different animals.

The word investing suggests long term commitment, similar to most other investments. Therefore, you must realize that this type of profession is not a get rich quick scheme but a profession that requires endurance and devotion. It also implies that the investor have a great deal of understanding of the industry, or at the very least, he relies on a expert who does, much like a Stockbroker or Realtor or Financial Adviser. Should the Sports Investor decide to use a Professional Sports Handicapping Services, it is of the utmost significance that the individual perform the necessary due diligence on each service he is interested in. There are thousands of Sports Services on the Internet today, all claiming to be the best.

When researching a Sports Handicapping Service it is critical to ensure that the service is monitored by a third party. This is a sign that the service is truthful and has honesty. Any Service can claim a 70% win percentage over the course of a year on their own web site but finding a service that has a 70% win rate that is documented by a third party would be a intimidating task. One of, if not the most, significant factors when investing in sports gambling mainly on football handicappers, is the use of money management skills. The serious Sports Investor must utilize strict and restricted money management techniques. Conversely, should your bankroll decrease your risk amount for each wager will decrease proportionately. To clarify further, a bankroll of $10,000 would garner a risk wager amount of between $200 and $300 per bet. A bankroll of $1000 would garner a risk wager amount of between $20 and $30 per bet. The size of your bankroll is irrelevant. Employing a stringent money management system is essential.

A wise Sports Investor will have accounts with several different Sports books. An Investor who maintains a 55% win proportion is great but this also means that this investor is losing 45% of his wagers. This is a considerable amount and it should not be overlooked. Over a 30 day period you would have gambled $15000. Using the above win rate of 55/45 you would have won a gross amount of $8250 and lost a gross amount of $6750. Now suppose your book charges you 10% of your losses. Betting on sports is a great source of amusement for the casual or leisure gambler. However, for those of us that make sports betting a larger part of our lives, it is absolutely critical to follow these philosophies in order to become successful in the world of sports betting.

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Isiah Thomas seems hell bent on single-handedly destroying the New York Knicks.Watching the team he put together fumbled their way to 23 wins, second  in the league, he fired his latest enemy, Larry Brown.

That’s 23 wins on a team with a shared payroll of $126 million. For those of you out there who are not math majors, that comes out to about $5.5 million per win. We would have to verify the history books and check with with Allen Greenspan, however those numbers add up to  to the 2005 New York Knicks being the biggest failure in professional sports history. At least the ill fated 2006 Kansas City Royals have a minor-league budget.

Subsequently sacking head coach Brown a week ago, Knicks’ owner Charles Dolan publicly put Thomas on notice, informing his new coach, and the world, that the hall-of-fame point guard had one season to turn things around in Gotham or the Knickerbockers would fire up the search engine for a new coach.

With the words, “and with the 20th pick, the New York Knicks – the air being sucked out of Madison Square Garden – opted for Renaldo Balkman from the University of South Carolina.”

The commish then added, “Renaldo is not here,” to which ESPN’s Dan Patrick dryly responded, “And it’s most likely a good thing.”

From Astoria to SoHo, you could almost hear the collective query, “Who?”

Subsequently a minute of perplexity, the boos, almost perplexed groans of agony, began to rain down from the public in attendance at the Garden. Still Knick Superfan #1, Spike Lee, could only laugh and shake his head. In the supreme stadium in America, Isiah Thomas turned his traveling roadshow of tragedy into theater of the meaningless.

The ESPN analysts seemed away from confused, yet the always-boisterous motor mouth and New York native, Stephen A. Smith, seemed nonplussed to the point of being speechless. Now, that’s a feat.

The pick even left generally-diplomatic Jay Bilas perplexed, flanking on angry.

“This to me is a stunner, I’m stunned. This is a second-round player. Nobody else would have taken him in the first round,” he said.

Apparently Thomas does not work under the rule of standard perception. He insisted before the draft that he saw Balkman as a blend between Dennis Rodman and Ron Artest. One can only assume that he meant the long-haired kid from South Carolina who averaged less than 10pts. a game last year was a inconsistent defender and a danger on the boards and not a player who might charge into the stands after a fan or emerge in a wedding dress on the cover of a national magazine.

Thomas, with one year to turn the moribund Knicks around, does not noticeably feel the pressure, management proposed to apply with its public announcement. He took a risk on a guy nobody had on their board. He made a move that looked in the direction of the prospect. However when your prospect has already been given a shelf-life pending results, you need to make your team better without delay.

And he had the opportunity. When David Stern came to the podium to announce the latest Knicks’ debacle, stand-out point guard Marcus Williams of Connecticut was still on the board, as was Rajon Rondo, P.J. Tucker, David Noel you get the picture.

Maybe Thomas did not appreciate the stress that came from upstairs. Maybe he decided to stare boldly into the face of reason and blink. Hard. Or maybe he is just not a good general manager.  destroying the Toronto Raptors, ruining the CBA, getting run from Indiana by Larry Legend, insulting and sucking the life from one of the game’s finest coaches, maybe Isiah just does not know what he is doing.

For years, although people have doubted his aptitude to run a team or make yet one salary cap decisions, however he has been recognized for having an eye for talent. He drafted Damon Stoudamire in 1995 and Tracy McGrady in 97. So, maybe Thomas really has found a diamond in the rough. He better hope so; if not, he better hope the Mets or Yankees win the World Series to divert the city from what threatens to be a very bleak winter, and probably Thomas’ last, in New York City.

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Written By: Patrick Adams