Chris Connelly is the founder of Contrarian Investment, an investment strategy in the form of sports betting on select NFL, NCAAF, NBA, and NCAAB contests. This is a new category of investment that wasn’t available to people before - ever in history.
On this episode, Chris shows why sports betting is the next big thing and foresees it to become a trillion-dollar industry. He explains how sports betting works and why it should not be considered a gamble, but an investment instead. Listen to the end to find out how to invest alongside Vegas’s best and see how your investments play out.
Where we are:
Eastern Europe: Johnny FD
Sam: Hong Kong
Las Vegas: Chris
Start Here – Recommended Reading
7:33 – How he got into Sports Betting?
10:44 – How does a syndicate operate?
12:04 – What is a Bookie?
13:26 – Different ways to bet
16:32 – Vision for Sports Betting
18:57 – Legalization of Sports Betting
24:17 – Sports Betting as an investment
25:37 – Difference between betting with his own money and with other’s money
27:26 – How much do they bet in a time frame?
29:57 – What sports do they usually bet on?
30:34 – Point spreading
31:25 – Mayweather and McGregor fight
32:50 – Percentage of bet for a single play
34:36 – Returns and Profits
36:33 – Who are the investors?
37:16 – Investing on stock market vs. on sports betting
38:25 – Moving odds
44:25 – Administration of funds
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