When I established Oskeim Sports Consulting, LLC in 2007, I wanted to offer the betting public with an honest and transparent site that documented my long-term record of success. With that goal in mind, I decided to publish all of my records (i.e. win/loss results & win percentage) on the homepage, as well as submitting all of my rated investments for documentation and verification by an independent third party – The Sports Monitor of Oklahoma.
While I initially believed that these measures were adequate in terms of fulfilling my promise of full transparency, I quickly discovered that win/loss percentages fail to tell the entire story and, in fact, can be extremely misleading in terms of overall profit/loss achieved by a sports investor. In order to address this issue, I took the following two steps:
I. ANNUAL RATE OF RETURN CALCULATION
The Annual Rate of Return Calculation provides monthly, quarterly and annual returns on investment for all of my rated selections for the period from 2008 to the present.
II. OSKEIM SPORTS VS. DOW JONES + S&P 500
As a way to compare my investment advice (and corresponding results) to another well-known investment paradigm, I decided to create the following chart:
|
Year
|
Stock Market
|
OSKEIM
SPORTS |
|
| DOW |
S&P 500
|
||
|
2006
|
19.0%
|
15.8%
|
85.1%
|
|
2007
|
8.9%
|
5.5%
|
87.2%
|
|
2008
|
-38.2%
|
-44.8%
|
76.3%
|
|
2009
|
18.8%
|
23.5%
|
61.1%
|
|
2010
|
10.4%
|
12.0%
|
39.2%
|
|
2011
|
5.5%
|
-0.01%
|
42.3%
|
After implementing the above-referenced changes, I felt that my sports investment firm had become an industry leader with respect to honesty, integrity and full transparency. However, I continued to receive criticism from certain astute bettors concerning the fact that I did not display my daily picks on the homepage. While I certainly felt that my site provided more transparency than most in the industry (win/loss records, monthly, quarterly and annual rates of return, etc.), I quickly realized that the model utilized by a competitor, Right Angle Sports, was the best and, frankly, the only method to provide the consumer with 100% transparency.
The method of transparency that I am referring to is a contemporaneous record-keeping system that publishes every pick that is released to a handicapper’s clientele within minutes of the game starting. With full and honest transparency being my ultimate goal from the outset, I quickly established the following record-keeping model:
Every pick I release to my private clients is displayed at the start of each game, and every selection is graded against a generally accepted line available within the marketplace at the time of release.
Of course, I will continue to evolve in order to provide my clients with the most successful and transparent investment advice on the market, bar none.