Hi Everyone,
If you haven’t yet, I encourage you to read our September “Letter to Shareholders.”
As noted, September was our worst month-to-date.
Here’s the breakdown (as compared to the S&P 500):
Month/Benbo Bets/(S&P 500)
February: 13.2 (2.8)
March: 3.5 (4.2)
April: 4.2 (5.2)
May: -3.7 (0.6)
June: 6.2 (2.2)
July: -.1 (2.3)
August: 14.4 (2.2)
September: -4.2 (-4.8)
Year-to-Date: 36.5 (14.7)
You can read more in the September letter.
Two picks today.
Cheers,
Ben
P.S. Please help us spread the word by recommending our newsletter to people who might be interested in following a sports betting index fund.
Picks
WNBA
CON at CHI
UNDER 155.5
LVA at PHO
OVER 171.5
Our recommended unit/betting amount is 1% of bankroll per pick, unless otherwise noted.
Recap of Previous Day
WNBA
CON at CHI
UNDER 154 - Lost
LVA at PHO
OVER 173 - Lost
Our recommended unit/betting amount is 1% of bankroll per pick, unless otherwise noted.
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 our September “Letter to Shareholders.”
The subscription price is currently $50 a month.
ROI
30-Day ROI: 12.6%
Overall Year-to-Date ROI: 33.8%
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.
You can find our ROI sheet here. Check the tabs at the bottom.
All ROI numbers, unless otherwise noted, are calculated at 1% of bankroll per bet. This is our current recommended betting amount.
Records
Overall Record: 218 - 194 - 5 (54%)
Project began on 2/6/21.
Spread Picks: 155 - 120 - 4 (56%)
Over/Under Picks: 40 - 43 - 1 (47%)
Total for Spread and Over/Under Picks: 195 - 163 - 5 (53%)
To “beat Vegas” you need to hit more than 52.4% of your Spread and Over/Under bets.
Moneyline Picks: 23 - 30 (43%)
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.
Letter 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