Can sports betting outperform stocks? We shall see with the sportsfun hedge fund experiment. Will keep record in this thread and either sbr spreadsheets or create one on google docs.
It seems some tried on sbr but then thread just stopped. Also some hedge funds tried in real life, and it seems it went under too, http://www.journallive.co.uk/north-e...1634-30224828/
Portfolio starts at 10,000. Any rules? For now not many. I would say limit each play to 5% or abouts. Will do most anything that can be done, props, parlays, straight bets, any sports. Fees? Let's assume 13% for now taken from top as they do with investments, annuities and the like. So Portfolio starts at 8700. Not sure if these fees are realistic but for this experiment that is the assumption.
From time to time might go with some finance commentary too since have great like for sports and finance.
Hope to keep this updated on a consistent basis. Will start Wednesday February 1, 2012 with first play maybe coming overnight.