How To Make the Best Sports Bets | David Beaudoin (aka Professor MJ)
The James Altucher ShowNovember 25, 202300:40:0336.72 MB

How To Make the Best Sports Bets | David Beaudoin (aka Professor MJ)

Meet David Beaudoin, aka "Professor MJ," a wizard in the world of sports betting who's been turning the odds in his favor for over two decades! With a background in stock market analysis, he's mastered the art of statistical forecasting, ensuring he never hits a losing streak.

20 years ago, I used to make a living by statistically analyzing the behavior of stocks. I would make a trade when my statistics would show I would have a certain advantage in different types of trades. The system worked for a really long time, and eventually, I created a career out of this.

Imagine if you could do things like this with sports, which is a much more inefficient market.

This is what David Beaudoin - better known as "Professor MJ" - has been doing for 20 years: using statistics to analyze sports bets…and he's never had a losing year.

Several years ago, he retired from being a statistics professor and dedicated his time to beating the sports books and he also shares his picks!

Here's how he does it and how his life has changed by doing it.

Smart sports betting – Professor MJ - Sports Investor

MJ Picks

Professor MJ on YouTube

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[00:00:07] 20 years ago, I used to make a living by statistically analyzing the behavior of stocks. And then I would make a trade when my statistics would show I would have a certain advantage in different types of trades.

[00:00:21] And the system worked for a really long time and eventually I created a career out of this. Well, imagine if you could do things like this with sports, which is a much more inefficient market. If you want to call it a sports betting market.

[00:00:37] And you don't want to know how I know you can do this is David Beaudoin has been doing this for 20 years using statistics to analyze sports bets. And he's never had a losing year.

[00:00:50] He recently or several years ago, he quit his job and does this full time now and he also shares his picks. So here's how he does it. And here's how his life has changed by doing it. This isn't your average business podcast and he's not your average host.

[00:01:10] This is the James Altucher Show. David, how do you say your name? Beaudoin. Yes, David Beaudoin. I know it's hard to pronounce in English. Beaudoin. Yeah. You're from Quebec? Yes, exactly. So how did you get into sports betting?

[00:01:38] I got started in 1999 when my uncle told me about those brand new online sports books. And I was like, oh, let me check that. And then I realized something that really changed my life.

[00:01:54] And that is that the odds between the different sports books were so different that there were many arbitrage opportunities.

[00:02:04] An arbitrage opportunity means that if team A is playing team B, you could potentially bet both teams in two different sports books and lock yourself a guaranteed profit no matter which team wins the game. Right.

[00:02:21] So as an example, like if the Giants are playing the Jets and the Giants are expected to win on one book, on one sports book or in one casino, the Giants are expected to win by three points.

[00:02:33] And in another casino, the Giants are expected to win by six points. You could bet on the Giants on one of those and bet on the Jets on the other and you're guaranteed to make money. Yes, exactly. That's it.

[00:02:47] I don't think those arbitrage exist anymore though just because there's a lot more efficiency of information. Do you think? It still exists, but it's much harder to find some good opportunity. So it's probably best to work at McDonald's to make a better earning now.

[00:03:05] Well, but I love like if you go to your... So just off in terms of track record, so you've been using statistics to model opportunities ever since. And in terms of track record, why don't you describe how you've been doing over the past 20 years?

[00:03:21] Well, over the past 20 years there has not been a single losing year. But of course sometimes things don't go well for maybe two, three, even four or five weeks. That's when some sports better struggle.

[00:03:34] They tend to panic or they start betting bigger because they want to make it up, but you need to stay disciplined. It's like day trading. When you day trade, if you bet too big or take too many risks, you could get blown out.

[00:03:50] But if you keep position sizes small and you manage your risk and you have a good strategy, I'm speaking specifically of quantitative day trading where you use statistics. You could do well over time potentially. Yeah, bankroll management is really important. You need to be very, very disciplined.

[00:04:07] But I think some of the strategies you use and you've modeled all sorts of scenarios, I think they're almost like fundamental to sports and athletic performance. So I'll give an example from your website. ProfessorMJ.com Yeah, ProfessorMJ.com. So for instance, this is fascinating.

[00:04:27] So the cold teams match up. So when two major league baseball teams facing each other are both undergoing a losing streak, should we bet on the road team or the home team? The team that's traveling or the home team? And I think questions like this are fascinating.

[00:04:43] So you have all those data going back decades about every sport and every team and you could simply ask the data this question. And if the answer is statistically significant, like if two teams have just had like five losses in a row and now they're playing each other,

[00:04:59] should you bet on the home team or the road team? If the answer is statistically significant, now you have a good strategy. Yeah, if you look at data from the past five, 10 years, you get a big sample that you can really trust. Still, you need to be careful.

[00:05:14] It does not guarantee it's going to work in the future. So I always keep track of how each betting system is doing. But yeah, like you said, it's interesting how you can use past data to help you make your bets for today.

[00:05:29] Well, let's talk about that one specifically and then I want to go through some of your other strategies. But like what does happen? So if two teams are in a losing streak and they're playing each other, should you bet on the home team or the road team?

[00:05:41] So here I'm looking at the page right now. Basically, the road team wins 44% of the time and the home team, if two teams are on a cold streak, the home team wins 56% of the time. So if those numbers are what's called statistically significant,

[00:05:59] yes, you're right, you're not going to win all the time, but 56% of the time is better than 50-50. You could build a winning strategy off of that. Yeah, exactly. Well, I knew we were talking about the MLB. Of course, it's not all about your winning percentage

[00:06:14] because it depends on the odds, the average odds that you're getting. So for example, if you're always betting favorites, then you need to win a large proportion of your bets to make money in the long run.

[00:06:25] Whereas if you're betting underdogs, maybe winning just 43% could be enough to earn a profit. Interesting because yeah, it could be the case also that even without a cold streak, the home team wins 53% of the time instead of 56% of the time.

[00:06:44] But usually what you're betting on is that the line is going to be set. The line is how many points a team has to win by in sports books like casinos and so on, and online sports books set the line,

[00:06:58] but they might not be taking advantage of these extra statistical strategies that you're looking at. So if you find a better than average or a better than expected chance of a team winning, you can assume that the line maybe is not using that data.

[00:07:12] Yes, exactly. They cannot take into account everything. What sports books they really focus on trying to get equal action on both sides so that no matter which team wins, they're going to get a guaranteed profit. So you need to try to take advantage of that.

[00:07:28] So basically the home team though is always going to have probably too much bets on its side. So should you always bet against the home team because chances are the line is too high because everybody from the hometown bets on the home team?

[00:07:46] Well, as a very, very general rule, you are right. Most people feel more comfortable betting home teams and also favorites. So it's best to go with underdogs, underroad, but obviously if you're betting all road underdogs, you're still going to lose money. So you need to pick your spots.

[00:08:05] So it's interesting the different things you've tested statistically. Here's another one. If team A blows out team B and then they play again the next day, what are the odds team A is going to win again?

[00:08:20] And a lot of this has to do with psychology, which is why I like it. It could be the case that in every sport after team A destroys team B, just team B is like just not motivated the next day.

[00:08:34] They were just destroyed so they don't have the right psychology. So it might be the case that team A is an above and beyond favorite even more than the sportsbook has it. Yeah, that's right. I really love to incorporate some psychological factors.

[00:08:49] It could be a team that was the victim of a big upset. Again, maybe they just lost their confidence. So in the next game it may be best to bet against them. And I usually prefer betting systems that are in accordance with my own intuition.

[00:09:05] Otherwise, I may not feel very confident betting that team. Right. So how many of these strategies have you programmed out? Like do you have? On your website you list like 10 strategies. Yeah, in the NHL I've got 10 in Major League Baseball. There are 19 in the NBA I've got five.

[00:09:28] So in the NFL I use more of and I'm just doing some research and I consider many factors but I don't have specific NFL betting systems right now. So altogether how many bets per week do you place?

[00:09:43] Like how many signals trigger a bet and how many bets do you make per week? It's between 30 and 40 bets per week on like in the fall. In the summer there are less leagues. For example, there's no football, there's no NHL, no NBA.

[00:10:02] So there are fewer bets in the summer but like right now in November it's between 30 and 40 bets per week. Wow, so that diversification overall placing 30 bets a week like what percentage of weeks do you think are up weeks? Because it's nice diversification.

[00:10:21] Like one game has nothing to do is mutually exclusive from another game. Like if you're using the cold teams matchup strategy in one game and the big upset strategy in another game they're kind of mutually exclusive from each other.

[00:10:36] Like a win of one has nothing to do with the win or loss of the other. Yeah, so you were asking what proportion of weeks are positive? Well right now during the past 14 weeks we've had 11 winning weeks but that may be better performance than usual.

[00:10:56] I would say maybe 60-65% of the weeks are profitable. But one more thing we have not discussed yet is most of the good bets though come from what they call player proposition bets where you bet on the performance of specific players.

[00:11:13] Those lines are much easier to beat because sports books don't have time to set lines that are super accurate. Like there are so many players in every game, you know they just set lines fairly quickly and sometimes you can find some good bargains.

[00:11:33] So what's an example like so-and-so player is going to hit three home runs in this game? What's an example proposition bet? Yeah so an example in the NFL it could be will a certain player,

[00:12:00] will a certain wide receiver catch more or less than four and a half balls? Or will the quarterback get more or less than 283 passing yards? In Major League Baseball it's mostly on the number of total bases.

[00:12:18] So where a single means one base, a double is equal to two bases and so on. So will that player get over or under one and a half total bases in the game? That's another example.

[00:12:33] So okay when figuring out how to bet on those what sort of data do you look at? You probably look at their average let's take the quarterback and passing yards per game.

[00:12:45] You probably look at data like the average number of yards they've passed in every game they've ever played in. And then you probably look at the average number of yards they've had against this particular team

[00:12:58] or maybe teams with the record of that of a particular team that they're playing. Like what other data do you look at and analyze to figure out the probabilities? Yeah in this specific case I look at how many passing yards this quarterback has had

[00:13:14] in recent years while giving more weight to the current year and then a bit less weight for the previous year and so on. And it's also important obviously to consider the strength of opposition so how good has been the opposing defense so far this year.

[00:13:32] And I also account for maybe they have some key injuries on defense so stuff like that. So you'll use all your data to come up with an idea of the probability they'll get a certain number of yards

[00:13:44] but then you'll kind of adjust based on intuition when you learn what injuries the other team has and so on. Yes exactly so if both starting cornerbacks are injured that's going to help the quarterback rack up many passing yards obviously. So I also try to account for that.

[00:14:03] Yeah interesting and why don't other I mean I would think though oh you're saying basically the line is inefficient on these proposition bets because A for any one proposition but there's not as probably as many gamblers as for the team bets

[00:14:19] and so you have an advantage there that the line might not be efficient and probably other people don't do all the data research that you do. Yes and the biggest proof that those lines are more easy to beat is the betting limits with the sportsbook.

[00:14:36] So if you want to bet $10,000 on the Kansas City Chiefs that will not be a problem but if you want to bet $10,000 on Patrick Mahomes to get over 283 passing yards they're not going to accept that the betting limit may be like 300 or 500

[00:14:55] because they know they are more vulnerable on those lines. But can you spread it around to a bunch of different online sites? Yeah sure you can do that yeah. And you can make a lot of bets too so that you can get up to that $10,000.

[00:15:11] Yeah but again you need to be careful because some sportsbooks they don't like it if you're only betting pro bets again they like people who bet on teams and totals so you can get limited more quickly.

[00:15:26] It depends on some sportsbooks but of course I've been limited with many of them where I cannot bet more than $1.15 so that's just ridiculous. So what have been some of the more successful strategies over time?

[00:15:41] Like maybe strategies that you no longer use but what was like a money machine for you in terms of strategies? Well of course the arbitrage for between 1999 and 2003 was very lucrative. Then I don't know if we only want to talk about sports betting but I also found...

[00:16:02] No, we can talk about anything. Okay okay well then in 2008 that's when I found my biggest lucrative opportunity where I found some casinos that were offering live casinos so you could play Blackjack

[00:16:17] and they set up a camera on the dealer that you could see shuffling and dealing cards. But the problem was they were using some big sized cars and I realized that the dealers had trouble shuffling them correctly because they were so big.

[00:16:34] So I figured well maybe they are not shuffled very efficiently and you know I set up a big system I was using several computers and basically I could tell in advance which cars were coming up.

[00:16:48] So sometimes there were 15 cars that were stuck together that remained in the same order so I knew which cars were coming up that obviously gave me a huge advantage and I took advantage of it. And did they fix that or work through the front of the casinos?

[00:17:06] Well I did it for a year and a half and trying not to play too often so that it won't be too obvious but there were a couple of nights where the cars were really really badly shuffled

[00:17:20] and I just lost some hands on purpose like I would win seven in a row and I was like oh that's going to be suspicious let me lose a hand on purpose. So I had one computer where the screen was on

[00:17:33] another computer where I would track each car that was coming up and then I had a program that would tell me quickly okay I just saw the seven of spades and the ten of diamonds

[00:17:46] what's the next car that may be coming up so it would look up quickly because obviously it was not that easy to do because you have to be quick you need to place your bed quickly so I had to have a few different computers

[00:18:00] with some software to tell me quickly which cars were likely coming up. So those were really good times but after a year and a half they figured out what was going on.

[00:18:12] I see so do you ever think about political betting like are there any websites where you could do political bets? Yes I've seen such bets but honestly I have never looked into it

[00:18:23] but I know that there are some bets here for example who will be the next US president. Yeah there's like a site called Predictit but I don't know probably the data is not good enough to really have a good strategy statistically.

[00:18:38] Yeah there might be something to do but I've never looked into it to be honest with you. And let's talk about some of these other ones like you have one strategy called the pummeled pitchers

[00:18:52] so when a Major League Baseball team goes through a streak of games where they allow many runs should we bet or fade them in their following contest? Yeah most of the time you need to bet them.

[00:19:04] Well most of my betting systems end up being contrarian which means you're going to go against the grain so when people see a team that has allowed nine runs in three games in a row they're like oh man what a crappy team we need to bet against them

[00:19:21] and the line is artificially inflated and that's when you can take advantage of it. So most of my systems end up being like this they end up taking teams that are not very popular.

[00:19:34] How like is it I've ever considered setting up like a hedge fund where people invest with you and then you're able to gamble a larger amount of money and then you take a percentage of the profits?

[00:19:46] Yeah some people have asked me about it and I don't know if I would really be interested in that. I really like the way things are going right now but there has been some demand but so far I don't want to do that.

[00:20:02] And when you say you like the way things are going now is that because you're making, do you make a lot of money from this? Like how's it going? I mean you're also a professor of statistics right so do you, does this make more than your salary?

[00:20:16] Well I did quit a year ago my job just to focus exclusively on my sports betting activities and also on my sports betting YouTube channel or business if we can call it like that.

[00:20:31] So I just became financially independent and I figured okay I don't need to work anymore let's just do this for fun and I really just do it because I love it.

[00:20:41] I could instead of just sitting on my couch for the rest of my life I just decided that I prefer to keep doing this to help people try to beat online sports books which is really a passion to me.

[00:20:55] And do you also look at websites like DraftKings or PrizePix or you know what's it called Fandle or any of these other websites? Are you talking about their sports books or when you talked about, yeah yes I do because

[00:21:11] many of my customers are from the US so they do have an account with DraftKings or Fandle. So I really look at the odds from Canada and the US which probably correspond to 90-95% of my customers.

[00:21:30] When you first started out it was like in 1997 I think it was you proved that hockey teams would do better off if they pulled out their goalies earlier. They would win more games if they pulled their starting goals earlier and hockey teams tended to hold on to their

[00:21:56] keep their starting goalies into the game for too long which is like moneyball type of analysis. Have you considered being a consultant to sports teams to use statistics to improve their play?

[00:22:07] Yeah well after writing this article I did reach out to some teams but two general managers called me to tell me that was interesting we liked it but never got any job offers out of that.

[00:22:22] That was kind of my dream job at the time but maybe not anymore I just love what I do right now. And are there any other opportunities that you haven't looked at yet like other sports or other types of gambling?

[00:22:37] Like what are you playing around with right now? Yeah well most good opportunities come when you look at sports that are more obscure or that people don't look at

[00:22:49] so maybe like some like e-sports or leagues that are not super popular so I would really love to look into it and place more bets on such leagues but the problem is it won't interest as many people.

[00:23:03] Like if you want to make money that's probably a good way to go but doing YouTube videos about an obscure basketball league in I don't know a small country that won't be very popular though.

[00:23:20] Yeah and maybe collecting money in that country might be a little hard depending on what country it is might be dangerous. So where do you get the data like is there one site that sells data on every team and every player?

[00:23:37] That's a good question I got a lot of data from four different leagues like several years ago but I just don't remember exactly what site it was it was free to use I just downloaded it

[00:23:50] and I tried several years later to get more data but I could not find that website anymore. I know that some sites sell this type of data but I just got it off a website that was offering it for free.

[00:24:07] But like how do you stay up to date? Like how do you get current data? Well now I collect some of my own data for example when tracking the performance of each of my betting systems.

[00:24:21] So for example in the NHL these days every single day I look at which teams fit under which system and I've been doing it for like four or five years for each sport to see how each system is doing.

[00:24:35] I see so really you don't need all the data to analyze big questions like oh if a team has a four game winning streak what usually happens on the fifth game and is the answer statistically significant?

[00:24:51] Like you don't need every piece of up-to-date data you just need up-to-date data to see which teams might be triggering a signal to bet against or bet for. Yeah exactly and then making sure that this system still works so if you get a 2 in 15 record

[00:25:10] that's a sign that maybe that system is not working very well and that you just you should stop. So you need to stay on top of what's happening with each system. Why would a system stop working? Like what's an example of a system that stopped working?

[00:25:24] It could be due to some rule changes sometimes or maybe it was that it can happen that a system was statistically significant in the past but for any unforeseen reason it doesn't work anymore. I don't necessarily have a clear cut answer to that question but.

[00:25:46] I wonder if more people become aware of the statistics or that changes the line over time, the average line over time so that it's no longer statistically significant. Yeah that's a good possible explanation for sure yeah.

[00:26:00] Yeah I mean with stocks like because I used to do a similar thing for stocks and sometimes it would just be the case that people would become aware of these strategies

[00:26:09] and that would kind of change and then people would invest in these stocks anticipating other people playing the strategy and that would in effect be similar to changing the line in sports. And so I wonder if something similar happens on these sports strategies.

[00:26:25] Yeah like I've heard that many people used to bet on NFL teams coming up their buy week and that was quite profitable because sports books are not adjusted to that

[00:26:35] but then everybody got aware of it so they started betting on teams coming up their buy week and then it stopped working. So like you said that could be a good reason. Yeah like what's, which strategy do you feel most confident in?

[00:26:54] Of the ones like that you list on your website for instance, what's one that is kind of like one of your favorites? That's a great question.

[00:27:05] I would say maybe those that involve a big upset so when the team has been the victim of a big upset or well no let me change my answer.

[00:27:21] I would argue maybe the snapped winning streak so when a team has gone through a long winning streak so maybe they've won six games in a row and then they lose one.

[00:27:31] Most of the time they tend to lose a second one because they're kind of shaken psychologically speaking that has proven to work across many sports. So this is one that I like and it does make sense in my mind anyway.

[00:27:48] Yeah it's interesting the role of psychology like you would think on the one hand you would think well it was just a fluke that they won the six games in a row

[00:27:56] because they're a great team and it's just a fluke that they lost this one game and they'll get back to their winning streak

[00:28:02] because again they're a great team but you're saying that psychology they get thrown off a little bit and they don't know if they were just lucky on the six games and now you know they get disheartened.

[00:28:15] Well I was about to say that I believe this system seems to work better on teams that are not that great. So for example in the NHL recently the Anaheim Ducks are supposed to be a crappy team but somehow they won I believe six games in a row

[00:28:31] and I was waiting for them to lose a game to bet against them. I believe it was against the Flyers and they did lose so I think it works best on those types of teams.

[00:28:42] I see so it's not like the Lakers and basketball or something like if they lose a game they're probably going to just start winning again

[00:28:51] but if it's just some random team then and they happen to have a winning streak that might the luck might be the winning streak and then they get back to normal they kind of revert to the mean.

[00:29:04] Yes exactly whereas for the Lakers you might argue that they're going to be upset they're going to be pissed and they will be super motivated to get back on track.

[00:29:13] Well and that's interesting because what does it say like about success that the successful teams maybe are not the ones that are just great teams but also know how to bounce back from defeat.

[00:29:25] Yeah well we've seen often statistics about that in DNFL like I think I've seen a stat about Patrick Mahomes after a loss he has a great record so he rarely loses two games in a row so I think that this intuition might be valid.

[00:29:43] And you know now you're kind of bringing this into not just making money from betting but like you said you're almost like in the media business you started a YouTube channel sharing your picks and you have a website ProfessorMJ.com

[00:29:58] why did you decide to do that? I know you wanted to help people but did you feel like kind of lonely doing this on your own and you kind of wanted to build a community and you know basically be able to interact with people.

[00:30:14] Yeah that's it I wanted more I thought it would be more fun to talk about it with people so like in the YouTube comments so at first I was just posting picks on Reddit for a while and then I figured maybe I should start a YouTube channel

[00:30:29] even though I'm pretty shy and I was like I'm going to look weird on camera but I just decided to take the jump and it all started with I wanted to talk about the biggest bet I ever made I thought that would be a great first video

[00:30:44] so it was in 2019 where I was really convinced that the Buffalo Bills would finally break out of an 18 year misery so their win total for the season was six and a half so I felt strongly that they would win more than six and a half games

[00:31:01] for that season so I just shared all my arguments and I showed my trip to the state of New Jersey to place those big bets so that's really how it all started. And how did you do? I did very well right after 10 games they had a 7-3 record

[00:31:20] so it was already a winning bet. I can't remember how many I think they finished with a 10-6 record on that year and why did you think that they were going to have a was this just all intuition or did you have some statistics backing you?

[00:31:33] it was a mix of both which is often the case of my picks in general I don't only follow numbers even though I'm a statistician you know I need more arguments supporting the picks so I remember that I felt they had a pretty underrated defense

[00:31:49] they had made some key acquisitions on defense and I thought maybe this Josh Allen guy could be good even though everybody was saying that he was not very accurate

[00:32:00] so it was mostly based on their defense and some numbers that were telling me that they had a solid team and I believe they had a pretty soft schedule on that year too

[00:32:09] so like probably in general you know that when a team wins they've probably thrown roughly these kind of yards or scored these kind of points or whatever maybe you saw that with their new team that year they were going to have on average

[00:32:30] throw the number of yards or run enough yards that would be better than the average winning team so that's why you thought maybe they would win an above average number of games

[00:32:40] it was also due to even before the season begins in the NFL there are a few sites that post point spreads for all regular season games and if you looked at the spread of each of the Buffalo Bills games for that year

[00:32:58] and then I simulated the season one million times using those point spreads so for example if you're a seven point favorite maybe that translates into a 70% winning percentage I don't know the exact number but I simulated the season one million times

[00:33:17] and it was telling me that the Bills were very very likely to get at least seven wins on that year so that's one more thing that I use the point spreads on each game for the season

[00:33:29] I see so and do you ever look at past data like how often the major sports books are wrong so this way you can kind of bet against what the you know which sports books to bet against like do you ever model the books themselves?

[00:33:46] No but what I do know is for example Pinnacle is known to have the sharpest lines on the planet so it's probably one of the most difficult sports book to beat whereas others have lines that are more soft

[00:34:01] and by soft I mean they tend to be out of whack or they tend to differ from other sports books these ones are more exploitable right and they're not losing money because they're balancing the action

[00:34:14] it's just that their action might be soft like they might not have as many gamblers playing them or just not a smart gambler playing them and so on yeah exactly

[00:34:25] I would think the smaller sports books are probably better because the bigger sports books probably have more sophisticated gamblers with a lot more money betting on them and the smaller ones probably don't have as many sophisticated gamblers

[00:34:37] yeah but you can still find some good bargains once in a while with big books like Draft Kings or Fan Duol I do see occasions where there's a great bargain available with those sports books which is something I'm going to offer very soon

[00:34:54] like I have tools that track lines from many sports books and whenever I'll see a bargain and by bargain I mean a line that's quite different from everybody else then I want to alert everyone ok this is a good bet you should jump on it

[00:35:09] and then how often does the line get adjusted once you make that alert well I've not started yet to offer that so for now I just keep it for myself and I place a bet but I figured that many people would be interested to get those alerts

[00:35:25] yeah that you should charge for that should be like a high-end service that you charge for because if people are betting like thousands of dollars a game you could charge a couple thousand dollars for a newsletter that gives those alerts

[00:35:37] yeah exactly also I figured it's no use to have like 1000 people subscribed to those picks because maybe only 20 of them will have enough time to put the bet in

[00:35:48] so that's why like you said it's going to be a higher end service for people who have a bigger bank role yeah and right now you have a free newsletter right that you send out alerts

[00:36:00] and you basically have to build that as big as possible and then you market to that list for the high-end service yeah so well you can get some free picks whether on YouTube or via a mailing list

[00:36:13] and then some people also pay to get all of my picks so the free picks there are like between 5 and 10 per week whereas if you want all of them like between 13-40 per week then that's an extra cost

[00:36:28] and like you said there could be a higher end service eventually with the bargains and how has your lifestyle changed like since you've started making money and more and more money from sports betting like have you changed the way you live?

[00:36:44] Yes for example my family and I go for a month in the Caribbean every year so even though my kids they have school but they do they do school at home or from the hotel so we do that every year we go to two different islands every year

[00:37:03] and you know I can work from anywhere so to me it doesn't matter and so that's really awesome and not having the stress of having a boss or having to teach anymore to be honest I was quite nervous every time I would go teach to 150 people

[00:37:19] and now that stress is gone Why were you nervous going to teach to 150 people? Yeah I know it doesn't make sense because I was like you're not going to look like an idiot you know what you're talking about but I just could not get past it

[00:37:34] Yeah exactly I just didn't when I was younger like in high school I hated our old presentations so I never never believed that I would become a teacher one day but that's what I ended up doing

[00:37:49] Well now you're probably could see yourself doing what you're doing now for the rest of your life Like it's fun you love it and it's growing and it's exciting

[00:37:58] Yeah when I get up in the morning it does not feel like a job it's just something that I love it's like a hobby so yeah that's really great Well congratulations you're living the dream and I hope you have more and more success with this

[00:38:16] and good luck on your media stuff so okay ProfessorMJ.com and your YouTube channel is Professor MJ and I think on your website people can sign up for your mailing list am I right? Yes exactly and those who want all the picks that's at MJpicks.com MJpicks.com?

[00:38:40] Yeah I haven't even checked that out let me just go to that real quickly So on that platform you can also receive five or six free picks and also occasionally I run some free contests where you can win prizes like maybe an NFL prediction contest

[00:38:56] and the top participant gets $100 so I do that quite often Oh that's a great idea that's a good way to get people in Well congratulations again you're living the dream it's very exciting and I kind of want to do it

[00:39:11] Do you use Excel for your programming or do you have some other programming package that you do your analysis on?

[00:39:19] I mostly use the statistical software called R which is free online but when I was a student we learned how to use it, how to program so it's been quite useful to me Well again ProfessorMJ.com and Professor MJ is the YouTube channel

[00:39:37] Thanks once again for coming on the podcast it's really exciting stuff you're doing I'm envious so congratulations Thank you very much for the invitation I appreciate a lot

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