Hi Everyone,
We went 2 - 0 yesterday. Over the last ten games we are now 7 - 2 - 1.
We have offered the newsletter free of charge since the beginning of August.
Our ROI over that time period, from August 3rd to now, is 17.5% over 115 picks.
August ROI was 14.4%. September ROI is currently 2.8%.
Although record is much less important than ROI our record over that same time period, from August 3rd to now, is 64 - 49 - 2 (57%).
Year-to-Date ROI is 46.4%. By comparison, the S&P 500’s YTD ROI is 18.2%.
As always, everything is on our sheet here.
As of today the newsletter is back to being a paid subscription at $50 a month.
Given our ROI, for anyone with a bankroll of $2,000 or more, $50 a month, historically, is well worth it.
We think our model will continue to identify inefficiencies in the pricing of WNBA games.
If our model continues to be successful our monthly subscription price will again go up once the NBA season starts in mid-October.
Now might the best time to subscribe as $50 a month could end up being a bargain.
And, if you subscribe now at $50 a month, your subscription price will stay at $50 a month for one year.
You can also sign-up for an annual subscription for $500. This may prove to be the best bargain of them all.
In addition, we now offer a referral bonus.
If you refer someone who subscribes as a paying customer, at $50 a month, they will get one week free-of-charge and you will get one month free-of-charge.
To claim the bonus, the new subscriber should reply to my “Welcome” email with something like, “I was referred by ben123%^@gmail.com” and I will comp you both.
We offer a pro-rated refund anytime.
Please share this email and encourage folks to subscribe as we have offered this work for free for the past six weeks.
Cheers,
Ben
P.S. If you are interested in this project, but do not want to subscribe, I encourage you to sign-up for our free, monthly “Letter-to-Shareholders” newsletter here.
What is Benbo Bets?
We’re a sports betting index fund.
If you’re new to the project I encourage you to read my “What is Benbo Bets?” post here and my “letter to shareholders” here.
The subscription price is currently $50 a month.
ROI
All ROI numbers, unless otherwise noted, are calculated at 1% of bankroll per bet. This is our current recommended betting amount.
30-Day ROI: 7.4%
Overall Year-to-Date ROI: 46.4%
Because a subscription to our newsletter is charged per month/per year we find it helpful to calculate ROI in 30-Day and YTD increments.
If your starting bankroll was $10,000, and you bet our picks at our recommended amounts, you have made $740 in the past 30 days of picks.
If your starting bankroll was $10,000, and you bet our picks at our recommended amounts, from the start of this project, you have made $4,640.
You can find our ROI sheet here. Check the tabs at the bottom.
Records
Overall Record: 206 - 173 - 4 (55%)
Project began on 2/6/21.
Spread Picks: 147 - 116 - 4 (56%)
Over/Under Picks: 37 - 28 (59%)
Total for Spread and Over/Under Picks: 184 - 144 - 4 (57%)
To “beat Vegas” you need to hit more than 52.4% of your Spread and Over/Under bets.
Moneyline Picks: 22 - 27 (45%)
All Moneyline Picks are underdog picks and offer an asymmetric payout.
Parlay Picks: 0 - 2 (0%)
Parlay Picks were a recommended bet of .2% of bankroll.
Maximum Exposure (most amount of bankroll exposed on any given day): 14%
The recommended betting amount is 1% of bankroll per bet.
Google Sheet
Google Spreadsheet, with all of our picks and ROI, here.
Be sure to check the Tabs at the bottom of the sheet to find the sheet for which you are looking.
Letters to Shareholders
Referral Bonus
If you refer someone who subscribes as a paying customer they will get one week free-of-charge and you will get one month free-of-charge.
To claim the bonus, the new subscriber should reply to my “Welcome” email with something like, “I was referred by ben123%^@gmail.com” and I will do the rest, comping you both a subscription.
This bonus is only available for people who are already paid subscribers.
Refunds
Reply to this email with the word “Refund” and a pro-rated refund will be processed within 24 hours.
Since the start of Benbo Bets, two subscribers have asked for refunds. I asked one of them, Victor, to provide a testimonial explaining how easy the process was (reprinted with his permission):
Ben has been communicative and given me excellent customer service throughout the entirety of my subscription period. He always responded to my questions, so it was no surprise that when I asked to cancel and for a pro-rated refund, he replied quickly granted my request.
So yeah, it’s that easy :-)
Legal
Historically, our picks have done well. However, past performance is no guarantee of future performance. We assume no responsibility for how the picks will do in the future and/or the actions you take with the information we provide. You agree not to hold us responsible or liable for any results that may arise from betting on any of the picks offered.
If you think you have a gambling problem call the National Problem Gambling Helpline at 1-800-522-4700 or visit ncpgambling.org