Too often bettors are trying to make a killing rather than a profit or attempting to make up for loses by putting money down on crazy, panic-driven wagers. Maddux Sports is founded on the belief that people can make money and even their living by wagering on sports. But in order to do so, you have to treat it like any other business. It takes work to profit.
Chicago, IL (PRWEB) January 8, 2009
In the frenzy of the NCAA Bowl season and the NFL playoffs and with the college and professional basketball season pushing into high gear, Maddux Sports President Sal Selvaggio practices what he preaches. Selvaggio, who has spent more than a decade in sports handicapping, focuses on the big picture and the long run and not the occasional wager and quick hit.
From his office in Chicago, Illinois, Selvaggio, who is an expert football handicapper, observes that there are three key elements to his recent achievement in the Pro Challenge that mirror the success of his handicapping service. Selvaggio comments, "If you want to make money in sports betting, then you have to follow the sport and know it inside out. Also, successful sports betting isn't about winning the all or nothing bet. The pros, the people who make their living by wagering on sports, are in it for the duration, playing from week to week." He adds, "Finally, you have to bet responsibly with a clear head, using facts and negating emotion. Hunches work sometimes but facts, stats and analysis work best."
In a business that's known for being inconsistent and in which hundreds of millions of dollars are bet and lost each year, Selvaggio is all about being consistent. Professional handicappers, the best of the best in the world, are right about 55% of the time. That means that some weeks they hit just 40% of their wagers, which translates into a loss. Another week, they might go five-of-five, having made five picks and winning each. Yet another week they might be good on 55% of their bets. The three-week average, which includes two winnings weeks and one losing, is 65%. That's about as good as it gets.
Selvaggio was correct on five of his five picks in week 17 of the Pro Challenge tournament. That perfect mark earned him second-place. The President of Maddux Sports, who finished just one pick out of first, believes it's important that he stay in the betting mix by wagering on sporting events and participating in public contests such as the Pro Challenge. He could simply sell handicapping services but, as he notes, "That's like writing a book on car repair without getting under the hood or selling tips on real estate investment without ever having successfully bought and sold property yourself."
Each participant in the Pro Challenge paid $250.00 to enter the contest. For 17 weeks, the 400 handicappers made five NFL picks from the Pro Challenge football card that included point spreads. For his $250.00 investment, Selvaggio earned $9,666.67, which was almost 40 times his initial investment. He averaged 3.3 correct picks per week.
Selvaggio, who created Maddux Sports in 2001, stresses that bettors must have realistic expectations and learn money management techniques in order to be successful. "Too often bettors are trying to make a killing rather than a profit or attempting to make up for loses by putting money down on crazy, panic-driven wagers. Maddux Sports is founded on the belief that people can make money and even their living by wagering on sports. But in order to do so, you have to treat it like any other business. It takes work to profit."
Maddux Sports offers a range of free as well as premium services. Selvaggio, who stresses that an informed bettor has the best chance for success, offers numerous services for free, including daily picks, live odds, articles on sports handicapping and betting, a daily sports blog and season and playoff previews for MLB, the NFL, NBA and NCAA basketball and football. He also provides premium, competitively priced pick services for all major professional and college sports in America, including daily picks or pick packages that cover an entire sport's season or a whole calendar year.
Never one to make outlandish promises, such as "everyone of our picks is a winner" or "we guarantee you'll hit 70% of your bets from now on," Selvaggio does guarantee his service. If a purchased package does not result in a profit, then equal time is given by Maddux Sports free of charge.
For more information on Maddux Sports, handicapping and sports betting, visit http://www.madduxsports.com/.
About Sal Selvaggio:
Born in the Chicago area, Selvaggio grew up a Chicago sports fan and started his handicapping career in 1998. As the power of the Internet loomed, he realized that there was a niche for a specific type of handicapping service. Selvaggio created MadduxSports.com in order to serve those who were interested in being knowledgeable, long-term sports bettors.
In 2001, he started a website, focusing on educating bettors, providing them with free information and offering premium pick services for all major America sports--professional baseball, football, basketball and hockey and college football and basketball.
As his business grew, Selvaggio added numerous free services, including live online odds from all major sports books, a sports blog and full-season and playoff previews of MLB, the NFL, NBA and NCAA basketball and football.
In addition to overseeing the daily operation of MadduxSports.com, he continues to be an active and successful professional handicapper and bettor.
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