2021-2022 NBA Season Performance
The 2021-2022 NBA season wrapped up last night so I figured I would not waste anytime doing my season recap.
First I just want to say thank you!!! I know I can be verbose but hopefully you have had some fun and made some money with me this NBA season as we turned 46.5u of profit this year and that puts us over 71.2u of profit over the last two seasons. Hopefully you have seen how consistent bankroll management and taking calculated risks allowed us to slowly but surely build a really nice return.
As I have said in the past, once the NBA season wraps up I use the summer to spend time with family, relax, read, enjoy sports that I do not personally handicap well enough to publicly give picks (looking at you UFC and MLB) and, eventually, start my prep for football season.
As such, you will not be hearing much from me until I start to get into NFL Futures bets for the year. I may pop in from time to time to drop some thoughts (e.g., PGA Tour action, maybe some notable horse races like the Haskell) and I have some ideas for some articles to share, but generally I’ll be posting once or twice a week until the end of the summer.
As we get closer to the NFL season I will drop a survey for you all to help me design what my content will look like for the fall so be on the lookout for that as I want to make sure you are getting your money’s worth (okay, I do not charge you, but you know what a I mean).
Season Recap - Summary
I look at gambling similar to investing in the stock market. I view it as taking my money and applying it to a portfolio of risk that will hopefully produce gains. Some will win. Some will lose. My hope is that over the course of a set time period, I will produce a return that is more than I could get in the stock market. Given that, from the start of the NBA season the S&P 500 has returned about a -20% loss.
If you started the NBA season with $10k and were doing $100 per unit then you ended the year with close to $14,650 for a return of close to 46.5%. That is something I am really happy with and proud of and I hope you were able to get on board.
As you can see from the picture below, we did not have a straight line to our season ending profit total and if you were with me from the beginning you will remember the horrendous start mostly driven because the introduction of my failure of a new model.
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Season Recap - Detailed
Like I mentioned above, we had a really great year to put us up 71.2u of profit for the two years I have been doing this. Now, you might say 25u wasn’t that great the first year but I was pretty happy with it and to surpass that this year, even with my missteps has me exceedingly happy!
Let’s start with the negatives, v2.0 of my TitanicModel were atrocious and cost us about 17u across the season. Yes that is right. Had I not had my head up my own ass when it came to building and running the v2.0 of the model we would not have lost 1,696.65. As I said preseason, I spent a TON of time and effort building that thing, but I am glad I pulled the plug when I did as it could have been worse.
So if you are doing the math you probably now realize that my v1.0 TitanicModel returned to us an absolute amazing season. That is outstanding and I promise that I will not screw with that model and bring it back for next year! The thing that made me happiest with the V1.0 of the model is that it this season it saw profitability across all risk levels.
I expanded my plays into Parlays, ML’s and Futures and those had some mixed results but across the season we saw a really nice profit especially with the futures that paid off big for us in the playoffs.
I once again hope you have had as much fun as I have had this NBA season and I hope to see you back here in the fall refreshed and ready to go.