Hi Everyone,
October Return on Investment (ROI) was 5.9% on 64 picks. We offered picks on eleven days in October so it was a quiet month.
As you may recall, August was our best month-to-date, with 14.4% ROI, and September was our worst month-to-date, with -4.2% ROI. You can read our August letter here and September here.
As you know, we think of this project as a sports betting index fund and make our comparison to the S&P 500.
October ROI for the S&P 500 was 5.7%. Our October ROI was 5.9%.
Year-to-Date (YTD) ROI for the S&P 500 is 22.8%. YTD ROI for Benbo Bets is 45.1%.
Our October record was 37 - 27 - 1 (58%) on a maximum Bankroll Exposure of 16%.
As always, you can find all of our numbers on our public Google Sheet. Check the tabs at the bottom to find the particular sheet you want.
Thank you for subscribing.
Sincerely,
Ben
P.S. Feel free to share this email with anyone who might be interested.
Month-by-Month ROI Percentage
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)
October: 5.9 (5.7)
Year-to-Date: 45.1 (22.8)
Return on Investment
Year-to-Date ROI
Cumulative ROI by Month
This project started on February 6, 2021.
The Year-to-Date ROI is 45.1% (on 485 picks).
If you started with a bankroll of $10,000 on Day 1, you have made $4,510.
Record
Overall Record: 259 - 220 - 6 (54%)
Spread Picks: 170 - 132 - 5 (56%)
Over/Under Picks: 65 - 56 - 1 (54%)
Moneyline Picks: 24 - 32 (43%)
October Record: 37 - 27 - 1 (58%)
Maximum Bankroll Exposure: 16%
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.