Gus Augustine's Rating System
My best bet is a 50K round-robin, quadruple, gazillion, bet your life's savings lock.
Are you f@%king kidding me?
This is really simple:
A 100 Dime play is my normal Max Wager.
That's the cream of the crop.
A 50 Dime play is worth half as much.
A 25 Dimer is worth 1/4 as much.
Now a rating system is only as good as your bankroll allocation, or money-management skills.
If you have a $100 to play today, and I have a 100 Dime play, then you should bet all $100 on it.
If I have a 50 Dimer, then you should wager just $50.
Let's take it a step further and talk about how you allocate your bankroll over the course of a week:
If you have $500 to wager for a week, then you divide by 7 days and that gives you around $70 (rounding down) as a daily max wager. So in this case, a 100 Dimer is worth $70 with a 50 Dimer being a $35 investment.
What happens if I win?
You can either pocket the profit or add to the pot, increasing the wager size.
What happens if I lose?
Your max wager remains the same initial $70 because you did the math and spread your bankroll across those 7 days to start the betting week.
Who Is Gus Augustine?
I would bet that I've been doing this longer than most of you have been gambling.
I turned 59 this year (2018), and I've been a professional sports bettor and handicapper since I was 25-years-old.
How this business has changed over the years. Back in the day, I can remember turning on my TV Saturday and Sunday mornings and watching all these 800-number telephone touts pitching games with their endless "Absolutely Free" come-ons. Then it was the local 976-numbers, where guys were selling picks for as little as $3.00. That gave way to the 900-number craze where suddenly the same plays were being sold for up to $99 because phone companies were taking a cut of the pie. And then Al DeMarco, who I didn't know at the time, came along and created the online internet industry some 15+ years ago.
All these changes, all these years, but here's the interesting part: November 3, 2018, marks the FIRST time I've ever tried selling my plays to the general public.
I've made my money over the years as an investor and my cultivating a group of players that has grown through referrals and my reputation. Guys drop out, naturally, whether they're winning or losing because that's the nature of the beast. But I made a nice living over the years because I did this every single day; I wasn't one of these lazy bums who took a vacation after the Super Bowl or took the summer off after March Madness was over.
I love three things in life: my wife, any kind of pasta and making money. I tell anyone the first love I earned, the second I can buy anytime and the third I've got to work my ass off for. But they're all worth it, and the payoff at end is what makes it all worthwhile.