John Morrison
The Sports Betting Champ Exposed
John
Morrison, a.k.a. “The Sports Betting Champ”, is a Cornell graduate
with a degree in Statistics (as his website will tell you, time and
time again), but his specialty appears to be in marketing. His
website, http://www.sportsbettingchamp.com, has generated more buzz
in the sports betting community over the past few years than any
other handicapping site out there. He boldly claims an historic
winning percentage of 97% and a weekly income of $50,000. You would
think this guy would have better things to do with his time than try
to sell you lifetime picks for $200, considering he claims an annual
betting income of $2,600,000.
You
would be wrong.
John Morrison would like you to believe he is the patron saint of
sports gambling, willing to lead you to the promised land of
guaranteed winners and six-figure betting income. It certainly seems
as though that’s the case. What other reason would a
multi-millionaire have for sharing his gambling secrets with the
masses, risking both his reputation and his ability to place bets by
going public with a system that sports a supposed near-perfect
record and is “guaranteed” to make you rich? Surely the money he
makes off selling his betting system is peanuts compared to the
millions he rakes in annually from the sportsbooks, right? Right?
Wrong again.
The
Sports Betting Champ makes his money by heavily marketing his
product to the public, selling his system by inflating his winning
percentages and covering up negative reviews. For those that stumble
across his website uninformed, the promises of easy riches can be
very tempting and may lead to a purchase.
For the skeptical, a Google search for phrases like “sports betting
champ review”, “sports betting champ scam”, or “sports betting champ
fraud” will not lead to any unbiased reviews appearing within the
first page of search results. All the pages that show up will have
been intentionally created to make it difficult for anyone to find
any real reviews without doing even further research.
These
pseudo-reviews all read extremely similar (if not direct copy/pastes
of a template) and basically spew the same garbage you will read on
his main website. Most reviews contain a headline along the lines of
"Sports Betting Champ Scam?", then go on to spread his gospel while
offering no analytical information or legitimate research. These
fake “negative” reviews are designed to flood search engine results
and convince skeptics to overcome their initial sense of doubt and
become believers (and more importantly, buyers of his product).
Don’t
allow yourself to become one of those people! There are
legitimate advantages to be had in the sports betting
marketplace. These advantages, as discovered by Sports Insights, are
based on years of research and can lead to winning percentages in
the range of 54-56% on a consistent basis. Anyone who claims a
consistent percentage much higher than this is certain to be
utilizing questionable mathematics or sweeping losing results under
the proverbial rug.
Of course, the curiosity over such a staggering figure as 97% is
hard to overcome.
But
here is what The Sports Betting Champ isn’t telling you:
His Winning Percentage is Not Based on Actual Won/Lost Records
The
Sports Betting Champ system utilizes a three-tiered betting
structure, in which individual bets are not counted towards wins or
loses. Morrison’s system decides that a certain team will win at
least one of three games and directs his customers to bid on that
team, one game at a time, doubling their bet size until the team
does indeed win. Only if the team loses all three bets is it
considered a “loss” in Morrison’s system. In other words, a team
that loses twice and wins once would have a record of 1-0 in
Morrison’s system, not 1-2 as would be expected.
His "Units
Won" Results are Never Displayed or Disclosed
Morrison does not display any Units Won results on his website, only
the ever-present 97% winning record. The reason is that his 97%
winning record (which is, of course, inflated) looks much better
than what his Units Won results would look like. The nature of his
system is that you are constantly making large bets for small
returns as you try to make up for previous losses. The
Martingale System itself only “guarantees” a +1 Unit Won in
theory (the original wager), and the theory is reliant on having
unlimited funds to wager.
A
former user of the betting system posted the following information
in the comments section of one of the rare legitimate reviews of the
Sports Betting Champ:
“I
have been testing the system for 61 MLB games… here are the facts so
far: I aim to have $42 in profit for each game. In order for a win
to be worth $42, a “loss” (string of losses) will equal $1,095 lost
in his system. So far, this MLB season I would have 57 wins and 4
loses, which works out to a total of $1,979
lost.”
In
other words, this person, who thankfully was not placing real bets,
would have been down $2,000 despite a “winning” record of 93.4%.
He Disqualifies the Results of Losing Bets, Despite his Members
Already Having Lost Money
Morrison will frequently decide to disqualify losses for various
reasons after his members have already placed wagers. This keeps his
winning percentage astronomically high, but costs his members
thousands of dollars. He will state that the odds shifted and no
longer qualified under his system, even if the odds did qualify for
99% of the day. He will say that an MLB loss doesn’t qualify if one
of the starting pitchers is replaced, even if the pitching change is
known hours or days before the game is played. Of course, all wins
stay on the books irregardless of their qualifications.
His System Requires an Unlimited Bankroll for Marginal Success
The
martingale theory of wagering, also known as a loss recuperation
method, states that a win can be guaranteed if a wager has even odds
and a 50% chance of winning and each betting loss is then wagered on
double the previous amount. For instance, if a $50 bet fails, then
bet $100 dollars to recoup. If that fails, bet $200, and so on and
so forth
ad infinitum. The problem is that there is no
science to winning or losing streaks and probability tells us that a
losing streak can go for an indefinite period of time. For a $50
bettor with a $1,000 bankroll, “indefinite” only needs to be five
losses in a row to find yourself in the hole by $550, all for
chasing a $50 profit. ($50+$100+$200+$400+$800 = $1,550).
However, reality is much harsher than theory; Theory has even odds
and doesn’t have a vig. The vig ensures that each bet has to be
progressively larger in order to recoup previous losses. Following
my earlier example, you would go almost completely broke after only
four consecutive losses chasing a $50 profit in the real world, with
a 10% vig:
$55
bet to win $50 - $55 lost
$115
bet to win $105 ($55+$50) - $170 lost
$245
bet to win $220 ($115+$55+$50) - $415 lost
$520
to win $465 ($245+$115+$55+$50) - $935 lost
What You Can Expect by Following The Sports Betting Champ
In reality, there are only three
outcomes you can expect by using this system: wager a lot to win a
little, wager a lot to lose a little, or wager a lot to lose
everything. The main factor in determining which outcome will apply
to you is your bankroll and your luck. If your bankroll is large
enough to make continuous large bets (1000 times the size of your
unit bet), than you will probably win a little in the long term.
However, if your bankroll is that large, you are probably wise
enough to realize this system is a scam and not worth your time.
If
your bankroll is medium to small then you will almost certainly not
end up a winner. You will most likely lose either a little or lose
everything, all depending on how lucky you are. If you hit a losing
streak early on, you will be broke. If you hit a losing streak in
the middle, you will be a loser and probably broke. If you are lucky
enough to avoid a losing streak for some time, then you may win a
little. To keep your winnings, you must walk away and never wager
again because every time you start this system over, you increase
your probability of ending up broke.
If you
believe you’re lucky enough to win in this system, then don’t waste
your time on the Sports Betting Champ – go to Vegas, find a roulette
table, and put your life savings on “black”. Or maybe you should try
“green”.
The Good News
The
good news in all of this is that there are legitimate ways to make
money in sports gambling. Like any marketplace, the sports betting
world is full of inefficiencies that can be exploited for profit.
Many different systems exist that use real research, not gimmicks,
to find these inefficiencies and report them. This does not mean
that there are such things as guaranteed winners - there aren't.
Rather, it means that certain situations present opportunities where
there is value in taking one side over another based on historic
precedence.
There
are some
betting systems, like those found at
SportsInsights, that have been built on years of research and
have proven that a 54-56% winning percentage is attainable in the
long term. Our systems are transparent, and we do not modify or
alter our results in any way. We constantly track our results in
order to find areas that we may be able to improve upon, and we
listen and respond to customer feedback.
In
today’s economy, it is especially important to make wise decisions
with your money, and avoiding scam artists like John Morrison is
critical. When traditional Certificates of Deposit are paying 1.5%
and the stock market is a roller coaster, the 4-6% return
our members can expect on a consistent basis is the best bet in
town.