The main object of this formula is obviously of making money. This is not for deep pocketed individuals looking for the thrill coming from betting on their beloved team with the need for being right and then bragging about it. Those individuals are into gambling and their purpose is totally different than ours.
As much as this formula is using sound and proven business principles, having the right mindset used by any successful entrepreneur just makes everything even easier.
The five points of the star above are each pointing to the most important elements for succeeding not only in sports betting, but also in life in general. They are all used by people having lots of success in their professional as well as their personal lives.
They are the engines by which you’re reaching your goals. Obviously they come right after the goals you're setting. You first have to know what you want and where you want to go and then, these engines will get you there.
Here are the 5 components of what we labelled as the STARR mindset:
The main reason for adopting the STARR mindset is that humans being humans, they operate with emotions and feelings. When everything seems to be working great and they’re making good easy money, the worst thing of all kicks in and it's called GREED.
It’s easy to get disconnected from reality with this kind of formula because it really is easy money coming from very few hours invested (and much less when you’re getting our picks every day!). That’s why you have to learn to keep yourself solidly grounded.
You might even come to a point where you think you can outsmart the formula. Don’t fall into that dangerous trap either. You might have the feeling that you can wager more money using the same working capital. That’s the equivalent of changing the value of the divider constant.
Please don’t do it. We’ve come up with those numbers for a reason and that reason is real life experience. Just concentrate yourself at sticking to the SkyROIcket scaling technique described and you’ll be fine.
We’ll illustrate exactly what we mean by having the right mindset in taking two real life examples which we’re sure you’ll be able to relate to either because it happened to your or you know someone who has experienced it. We’ll briefly talk about stock investing and casino gambling.
Those are also two areas where people would benefit greatly in developing the STARR mindset.
Let’s start with the stock market. Statistics show that between 90% and 95% of the stock market so-called “investors” are losing money. This mainly comes from their own behaviour. The pattern is always the same and they react in the wrong way on both sides of the equation, either when they have a potential profit and then when having a potential loss.
We don’t want to enter into a psychological study here but we can say that when the stock they’ve bought gains in value, the three phases start happening. The emotions take over and they fall in love with the stock. Then, they have the feeling that it will keep going up for a while (or forever!) and when it still goes up a bit, the worst of the three phases kicks in; GREED.
They’re convinced that they have the best golden egg of the last 100 years and are hoping that the stock will triple or quadruple and then, it will split by a ratio of three where they’ll get three times more shares at a much lower and affordable price for others to start investing which will skyrocket the price higher again where they’ll then make enough money for retiring rich right away.
Unfortunately, that practically never materializes. The sad reality is that after their beloved stock went up in value for a certain period of time and created all the hope in the investor’s mind, it then starts going down because some other people (generally insiders, brokers and investment bankers) are selling and taking profits.
They then wait and tell themselves it's only a temporary correction and the stock will come back up. It still goes down and then the GREED goes away and is replaced by what they think is “common sense” and then tell themselves that if it goes back up to where it was, they’ll then be taking their profit.
As you can imagine, after a while, the stock ends up below the price they’ve paid. At that very moment, common sense is replaced by its “logic” counterpart. They realize that they should have taken their profit and are angry at themselves. They take the decision that they’ll be selling as soon as their stock comes back to the price they’ve paid. At that point, they don’t want to lose money.
Unfortunately, most of the time, the stock keeps going down and their logical thinking is replaced by the GREED counterpart, FEAR. Fear is as harmful if not worse as GREED. When people get into that state of mind, they take the worst decisions, especially when money is involved.
They’re now to a point where they don’t want to lose a big chunk of what they’ve invested and after a little more downside move, they decide to sell and take a considerable loss instead of having taken a considerable profit when the stock was up and they fell in love with it. Tons of people are acting this way.
Oh yes, by the way, do you know who bought the shares they’ve just sold?
You guessed it, the insiders, brokers or investment bankers who sold theirs at a profit when that person had bought them. Those insiders, brokers and investment bankers will stick to those shares and ride them on the high side and resell them again for a hefty profit. THEY are operating with no emotions, feelings or greed. They have a game plan and are sticking to it. They’ve learned from the pros and replicate what’s working.
The same thing is true with casino players when they’re winning. They think they’re in a hot streak, raise their bets, get a bad break, (it always happens because they keep on going until it does) and get under the amount they had when they started the day.
They then try a couple of long shots because they think they are “due” and then end up losing a big part, if not all, of the money they had when they came in.
We hope we got our point across in saying that you have to adopt the right mindset and tie it up with the other three cornerstones for total success in the sports betting world.
You’ll be sticking to the game plan and you’re now well aware that all the pieces of this formula are closely related to each other and that everything you’re doing has been thought and tested. All the variables have been taken care of and designed to work together perfectly.
You won’t panic and do some weird unplanned things when you’ll be incurring some operating costs because you know that’s already incorporated in the formula and that you’ll still be profitable at the end of the year.
If you don't have a precise action plan and aren't disciplined in following it and leaving emotions, feelings and greed aside, even a 70% to 75% winning record won't be enough. Don’t fall into that trap and don’t let that happen to you. Real profitable businesses are all based on solid, reliable and proven data. They run market studies, follow sales and operating costs very closely and control their inventory and take insurance for protecting their assets. They look at many other important things related to their business and they know they’re in for the long term.
We’re using the same principles here with Sports Betting Reinvented, but we’ve made it a lot easier. You’re having the best top-notch employees without having to pay a dime for them (professional baseball and hockey players, general managers, coaches, owners, sportsbooks statisticians etc.) You have what we call Inventory, but it’s not physical inventory you have to take care of, finance and store somewhere.
You also have operating costs as any business incurs, but at a much lower level. You now know how to do sound and clever money management, you have payables and receivables in the form of placing wagers and cashing gains which is all done within a maximum of a 24-hour period (most likely 8 to 12).
Talking about cashing your wins, which are your receivables, they’re normally paid and deposited in your sportsbook account within 10 to 20 minutes after the game is over. That’s a pretty efficient receivable department for which you don’t have to pay any employees either. Bookmakers do all that work for you and for free.
So, to be profitable in the long term with sports betting, you need the best picks, you need a way to reverse the odds in your favor, and you need a clever money management method. All of that while leaving emotions, feelings and greed aside. This is what the Sports Betting Reinvented formula is all about. Pretty simple isn’t it?
From the moment you take greed, gambling, emotions and feelings out of the equation in sports betting to replace them with the very best picks in the industry PLUS odds reversal PLUS clever money management together with the STARR mindset, you’re turning sports betting on its head and ending up being in total control for as long as you’re following your plan. You're now using sports betting as a tool or vehicle for achieving what you want and beating sportsbooks at their own game.
Remember, when you’re failing to plan, you’re planning to fail. The Sports Betting Reinvented formula has done it for you. You only have to follow the plan.
For those of you looking for the shortcut asked by many others, you can have access to our picks on a daily basis as everything is already reflected in those picks.
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