Hi Everyone,
On the heels of August, which was our best month to date, we have September, which was our worst.
September Return on Investment (ROI) was -4.2% as opposed to August, which was 14.4%.
As you know, we think of this project as a sports betting index fund and make our comparison to the S&P 500.
September ROI for the S&P 500 was -4.8% so, even though we were negative, we outperformed the S&P 500.
Year-to-Date (YTD) ROI for Benbo Bets is still outstanding at 36.5%. By comparison, YTD ROI for the S&P 500 is 14.7%.
The NBA season begins this month with the first regular-season game on 19 October.
We want to have at least five games for each team in our database before we start making picks so expect picks from about the 26th of October.
However, the beginning of the season can also offer opportunity as Vegas adjusts to the new season. If we find edge before five games we will offer picks.
Subscriber Update
We currently have 157 subscribers of whom nineteen are paid subscribers.
Our current subscription price is $50 per month.
We expect that, with the start of the NBA season this month, we will pick-up new subscribers.
If you wish to subscribe to our daily picks you can do so here.
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
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)
Return on Investment
Cumulative ROI by Month
Year-to-Date ROI
This project started on February 6, 2021.
The Year-to-Date ROI is 36.5% (on 423 picks).
If you started with a bankroll of $10,000 on Day 1, in seven months you would have made $3,650.
Record
Overall Record: 223 - 195 - 5 (53%)
Spread Picks: 156 - 122 - 4 (56%)
Over/Under Picks: 44 - 40 - 1 (52%)
Moneyline Picks: 23 - 31 (43%)
Parlay Picks: 0 - 2 (0%)
September Record: 36 - 39 - 2 (48%)
Maximum September Bankroll Exposure: 8%
September Record by Type of Bet:
Spread: 16 - 11 - 1 (59%)
Over/Under: 17 - 20 - 1 (46%)
Moneyline: 3 - 8 (27%)
Moneyline ROI was negative at -3.1%
September Record by League
WNBA: 36 - 39 - 2 (48%)
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.