“My goal is to produce results for my investors”
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.
Listen to ILAB 70 on iTunes here or subscribe on your favorite podcast app.
ILAB 70 Show Notes
Where we are:
Johnny FD – Eastern Europe
Sam – Hong Kong
Chris – Las Vegas
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
46:07 – Their fee structure
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