How to Lock in a Six-Figure World Series Win

Written by:
Guest
Published on:
Oct/22/2011
How to Lock in a Six-Figure World Series Win

Even for a world class sports bettor like Adam Meyer, President and CEO of Real Money Sports, Inc., operator of sports handicapping website www.adamwins.com, it’s unusual to be guaranteed at least a six figure windfall by the conclusion of this season’s World Series. But, thanks to astute wagering, he is in precisely that situation. Meyer’s big-money odyssey began prior to the playoffs when he wagered $100,000 on the St. Louis Cardinals to win the Series.

    He made his bet at the M Resort and Casino, in Las Vegas, where the odds were 15-1 while everybody else seemed to be offering the wager at 10-1. That alone may have presented good reason to place the bet. But Meyer saw additional upside. “I felt strongly about the way the Cardinals had ended the regular season,” says Meyer who successfully wagered $300,000 on the 2009 NFL playoffs and $1-million during the 2010 Super Bowl. “Add the equation of the veterans in the lineup, along with ace pitcher Chris Carpenter, and there definitely was value at 15-1 odds.”

     Meyer makes a point that what he does is more about investing in the outcomes of sporting events rather than gambling in the more traditional sense. For example, instead of going for $1.5-million (which, a $100,000 bet at 15-1 odds will yield if the Cardinals prevail) or nothing (if the Cardinals lose), Meyer views his current position as a perfect hedging opportunity. While he’ll be happy to scoop the full amount if the Cardinals take the Series, he’s also prepared to begin betting big on the Texans in order to guarantee a healthy return one way or the other. “These bets are about a business opportunity,” says Meyer who has devised profitable approaches to sports investing for himself and for his AdamWins.com clients. “I will make a substantial amount of money regardless of who wins the World Series this year.”

- Jay Johnson, Special Contributor to Gambling911.com

Gambling News

Mobster Arrested for Role in Murder of South Boston Club Owner

The FBI has arrested a long time capo in the Patriarca crime family for his alleged role in the 1993 murder of a South Boston nightclub owner whose body was recently found buried behind a mill building in Providence, Rhode Island.

G911 Obtains Pregame Legal Demand for Retraction and Apology From Deadspin

Following a scathing report about sports handicapping website Pregame.com and its founder RJ Bell appearing on Deadspin last week, Bell and his firm sent out a Demand for Retraction and Apology on Monday.

Online Gambling Observers Pay Close Attention to PA Spending Plan

Democratic Gov. Tom Wolf and the Senate's top Democrat and Republican are cool to a budget plan being assembled by the House GOP majority.

Intertops Suspends Bitcoin Deposit, Withdrawal Option

Antigua-based Intertops has advised its customers they will no longer be offering Bitcoin, the anonymous digital currency, as a payment processing option.

NRL Match Fixing: Ray Murrihy Starts Review of Manly Protocols

According to Thanh Nien News, an underground Vietnamese football betting ring with a total bet value of VND7.6 trillion ($340 million) has been taken down by Vietnam authorities.

Syndicate