It is with great excitement that we’ll be bringing you a weekly article, breaking down a few different methods on how to profit, by utilizing our secondary market for bets.
The bottom line: Before PropSwap, your bet either won and you received the entire collect amount, or it lost and you got nothing. Those were your two options. Now, PropSwap allows you to guarantee a profit on a bet that may lose, or get out of a bad investment before it’s too late. How often do your bets turn out well, but fall just short of being able to cash-in at the window?
For example, this time last year the Houston Astros were 100-1 to win the World Series. Fast forward to a couple of weeks ago and they’re in the playoffs with odds of 10-1. We believe bettors should be rewarded for smart picks, just like one of our customers (we’ll call him John) was before the Astros’ series versus the Royals. John listed his original 100-1 bet at 20-1 odds, and it sold within hours. In other words, John turned $1,000 into $5,000 (i.e., minus our 10% fee) on a bet that is EXTREMELY difficult to hedge and, of course, ended up being a loser.
Our goal is to get bettors in the mindset of making wagers knowing their bet doesn’t need to win in order to make money, rather just improve. Whether it’s a Prop, Future or Parlay, PropSwap has a database of buyers looking to buy your bets.
In the coming weeks we look forward to highlighting interesting bets for sale and sharing similar seller success stories. So stop on by Sporting Life Bar (7770 S. Jones Blvd.) or give us a call (844-PROP-SWAP) and start locking in profit.