Gary grew up in a family of professional poker players. He learned at an early age the qualities one needs to achieve and exploit a wagering advantage. Gary created sports wagering systems in the 1980s that were successful in football, basketball, and baseball. He managed a sports wagering partnership until he gave up sports to spend more time with his family and other business pursuits. For more on this, see the post “Lessons Learned from Sports Investing” on his investment blog.
After a long hiatus, Gary reestablished his sports research in late 2018. Gary’s models are based on statistical analysis and behavioral science. They incorporate fundamental, situational, and psychological factors. These form the basis of all quantitative investing. Computing power and sports databases make it easier now to gain an advantage over others in the sports wagering arena if you know what you are doing and do it well.
With sports, as well as other investments, you need to identify where you have an edge and apply sound money management principles. Gary has drawn upon more than 40 years of portfolio management experience to properly manage his sports wagering investments.
At Quantitative Sports we approach sports wagering as a serious investment opportunity. Sports wagering can offer considerable diversification to traditional investment portfolios. It is also relatively impervious to world economic conditions and uncorrelated to traditional investments. If done prudently, sports investing may be less volatile than other investments while offering higher expected returns. It is only a matter of time before hedge funds and other sophisticated investors take up the mantle of sports betting as a bona fide investment opportunity.