PickLogic has made its last selection for 2008 (a win on the 30th as the Clippers-Kings game went UNDER the total of 191), and we wrap up the final two months of the year with up a healthy 7.69% -- +2.75% for November and +4.94% for December

Our win-loss record for the two months combined was 16-12 (6-6 and 10-6, respectively), but our focus is on the +7.69%: if you followed our money management recommendations, someone who was managing a "$10,000 account" (as we display on our general results page) had the following statistics:

• Actual money at risk, maximum: $847 (meaning that even if you had $10,000 in a sportsbook account, no more than $847 was ever at risk)


• Net profit: $769


• Effective net gain: $769/$847 = +90.8%

Now, we're not in any way advocating that PickLogic is going to return a 90%+ gain in two months. We highly recommend that if you're managing a $10,000 account, you actually have the majority of that money "in play" (deposited in a sportsbook), even if you're likely not going to need to touch it. The goal of PickLogic is to manage your risk to appropriate levels, keeping all wagers at a small % of the overall account.

But the numbers are impressive, nonetheless. And hopefully, not unusual -- we expect similar results for the rest of the NBA season (roughly 2-4% monthly gains).

So our last pick has been made for 2008; the first selection for next year will likely be on the 2nd or 3rd of January. Have a safe and happy New Year!

Labels: 2008, net gain, Picklogic, sports betting, sports picks