[This article originally appeared on Bold and Determined on September 28, 2014.]
From the desk of Victor Pride
Subj: Gambling for fun and profit
Pictured: UFC fighter Conor McGregor on the left, a picture I took in Vietnam on the right
I get asked how I make money all the time even though I’ve explained it a dozen times. Here’s the answer: I make money as a blog artist.
Then I use that money to make more money.
I make extra money as entertainment for myself.
What does all of this have to do with UFC fighter Conor McGregor?
Conor was an accomplice in one of my plans.
See, I enjoy fighting, winning, traveling and making money.
There’s no reason not to put all of those things together, so I did.
Let’s start at the beginning…
I had to go to Vietnam for six days to take care of some business.
My Vietnam trip coincided with a UFC event (UFC 178).
UFC 178 was an event I planned to watch because the fight card was exciting and I especially wanted to see the fight between Conor McGregor and Dustin Poirier.
I had a sneaking suspicion that Conor McGregor was going to beat his opponent and win the fight.
It seemed like easy money to me, so I decided to put my money where my mouth is.
I decided that I was going to bet on the fight and let UFC fighter Conor McGregor pay for my Vietnam vacation.
My total expenses (before food and fun) for my Vietnam trip were $882.15. That’s…
- $327.55 for three roundtrip airplane tickets from Bangkok to Ho Chi Minh City
- $494 for five nights in a private three bedroom high-rise condo in the Binh Thanh district of Ho Chi Minh City
- $60.60 for two pre-approved visa on arrivals + rush service for two Americans (the visa lines in Vietnam take forever so I pay extra to skip the queue)
When you bet on mixed martial arts fights you bet on odds. You never bet $100 to make $100.
If you bet on the favorite you may only make a fraction of what you bet. In this fight I’d have to bet $2.75 to win $1.
To make $882.15 I had to bet $2,425.91 for Conor McGregor to win.
That means I had to risk $2,425.91 of my hard-earned money to make my Vietnam Vacation money back.
If Conor lost the fight I could be out 2 and a half grand. That’s a pretty steep bet just to make $800.
Was that a “safe” bet?
Here’s a picture of the fighters one month before the fight took place…
Pictured: Dustin Poirier on the left, Conor McGregor on the right
Can you look at this picture and guess who would win the fight?
Take a closer look.
Look at the eyes because the eyes don’t tell lies.
When I bet on fights I don’t bet on whims I bet on dominance.
The eyes don’t lie so I bet my money on Conor.
No need for second guessing or hemming and hawing.
So how did it turn out?
Look at the eyes. The eyes don’t tell lies.
Photo Credit: Stephen R. Sylvanie-USA TODAY Sports
Conor McGregor won the fight in a little over a minute and I got paid a nice, little $882.15 which took care of all of my travel expenses (minus food and fun).
My Vietnam pad was paid for, my airline tickets were paid for and my visa rush service was paid for.
And it was all paid for doing something I would have done either way – watching a fight.
All in a day’s work at Chateau Pride.
I’m not a professional gambler, I’m not advising you to gamble and this isn’t a ‘how to gamble’ article.
What I’ve done is turn a casual hobby (watching fights) into a side business.
My betting strategy is the simplest in the world: I bet on winners.
I don’t bet on talent and skill, I bet on will.
Who has the will to win? That’s who I put my money on.
Like Mike Tyson’s mentor said, “Will, not skill“.
You can always make money on a guy who has a champion mindset, you can never be 100% on a guy who doesn’t have a champion mindset.
The only thing that separates a champion from a journeyman is will. Journeymen have a fear of success, champions don’t.
Mindset is more important than skill.
Want to know a secret?
You don’t have to be a fighter to have the will to win.
You can be a Billy Badass and do whatever you want or you can be Billy Broken, the boy who does what he’s told.
If you want money you can beg your boss for a raise, or you figure out a way to make money and then take it.
All it is is a motherfucking mindset.
The choice to excel or the choice to stagnate is always yours.
Oh, and when you have that mindset you can recognize it in others in a split second.
I have it, Conor McGregor has it…
Who else has it?
Until next time.