Home / JJ Podcast / Episode 5
Why now? Yes, this project is about money.
People ask why I’m starting all of this now, after so many years: the website, the project, the software. Here’s the honest answer: it’s a commercial project, and the goal is to make money. JJ Podcast, episode 5. The full transcript is under the video.
11:19. Also on YouTube ↗. The voice is a masked voice, on purpose.
In this episode
- Why betting gets harder every year, and why I want income that doesn’t rely only on betting.
- Building a smarter betting community, instead of working for the bookies for free.
- jjLABS: software I built for myself and use every day, now helping other people too.
- The two easy ways to make money I will never use: bookmaker banners that pay when people lose, and selling my picks.
The transcript
I see online that some people are writing about me and saying what is he doing, why is he starting all of this now after so many years, the website, the project, so on and so on. I want to comment on that, I want to clarify a few things and I want to be transparent.
As I said in my main first video that this is a commercial project and my goal is to make money. Everything we do in betting is about money, you know, some people bet to get the thrills, the chills, the adrenaline, I guess it happens but I do it for the money, I bet to win, I despise the narrative that casinos, the whole Vegas organization, let’s call it that, try to convey, it’s especially seen in the United States, they sell the whole going to Vegas thing to gamble as entertainment, you know, and they tell you that you will lose right away and that whatever you lose is just payment for the entertainment you get.
Well, it doesn’t work like that to me, for me, I bet to win and my goal is to make money, so this project I started is to make money, I’m getting older and yeah, it’s getting harder and harder to bet, it’s getting harder and harder to get good amounts in, it’s getting harder and harder to find good people, good partners, so on and so on, plus I have the luxury of being able to develop some programs, some software.
I have started developing programs earlier than I started betting, it was many many years ago, so I have this luxury and it means that I have a unique opportunity to build something for myself, not to rely on betting completely, you know, I’ve dreamt about a passive income whole life and I’ve taken steps for it from the winnings I made from betting, I did that and and I try to do it even more now.
So this is a commercial project, first of all, one of the ideas of this project is to try to build a better, smarter betting community, because what is going on right now in the betting community that I see is just depressing to me, really it’s awful and I don’t know what to say about it, I’m only speaking from my, what I see for me, you know, Blogabet is a major player and what is going on there I don’t understand and it doesn’t make sense to me and I don’t like it and I want to do something about it, even if the chance is very small.
I can try, you know, so building a better community, a smarter betting community will directly benefit me also, I consider myself a smart bettor and I know, I believe that smart bettors can coexist in this limited opportunity scene, let’s call it that, so being smart means a lot of things but in this case I’m talking about all the line movement, all the killing of the odds, so on and so on, for peanuts, you know, I’m talking this helping the bookies and working for them for free.
Because what I see many people just work for the bookies without even realizing that the book is becoming smarter and they understand that they can set the low peanuts maximums and let the poor people, poor, I mean, poor souls that don’t understand what they’re doing, do the work for them, you know, they don’t care about the low stakes, they take their money elsewhere so and everybody is just making, setting the correct line for them, when they have no clue about the lines themselves, they just give a best educated shot which is still very bad and the bettors, the general public, the tipsters, they do the rest.
So I try, I will try and I try every day and I will try to make this community smarter, I don’t know if it will work, I will try to share my thoughts, I would be very happy if some other people do the same things but I didn’t see any yet, maybe there are, I’m sure there are, people like that but I’m just not, was not in the scene, I’m just getting into there now, that’s one of the aspects that will directly benefit me because if everybody is smarter around me, it means we all can bet the same things, we can coexist and we can make profit, if everybody is, let’s say, not that smart and noisy, only the book is benefit, no, not, not anybody else, so that’s one of the aspects of this.
The other one is, as I said, I have the blessing of being able to develop some software and I did already software I use every day, for example, that helps me greatly, I’ve released a limited beta of jjB!B already, jjB!B, brain in the box, it’s just helping, it will not give you picks, it will not give you bets, it will not advise you, it’s just there to help and I’m developing some other software and I, as I’m betting every day and I know that this software is helping me, I’m sure it will help other people too and they will find it useful and I can benefit financially from that, why not.
I can help others and I can make some money, so it’s a part of the project, that’s another way how I’m planning to use it commercially in my project.
There are other ways also, I’m sure there are other people who have ideas about algorithms, programs, so on and so on and maybe they don’t know how to implement those ideas or even as they know how to implement those ideas, they don’t know how to market them, how to sell them, because they are just that individuals.
I have a big network and let’s say a little known name which is better than starting from zero at least and I can help there and I’m ready to cooperate. The easiest way for me to make money would be to put bookmaker banner there and get percentage of commission from every person that loses, I will never do that, I will not take their money if it’s connected to people losing.
There are now many developments on the market, prediction markets, exchanges, so on and so on, who don’t benefit from bettors losing, they just need to turn over, positive or negative, that’s another conversation and maybe if I find a good one, maybe one day we can do something on that front.
So this Jimin Jibao is a commercial project and I explained to you how I’m planning to make money on it, it’s not a charity, I will not, oh yeah, and the main thing again, it would be easy for me right now create a channel and charge people for my picks for my bets, I will never do that because it’s for me it’s not smart because if my bets and picks are good, why would I sell it to anybody, I will bet it myself.
The market is limited, you can’t just go and it’s not NBA finals or World Cup football finals, it’s a limited market and sharing the bets, even selling them doesn’t make sense to me, I will make more money by betting those bets myself, so I will never do that, so you see that the best two opportunities to make money on the name, on the small name I have is not available to me, so I will pursue other opportunities.
I’m very excited about the software I have because I built it for myself and whatever I am or whatever I am not, but one thing is for sure I’m an experienced bettor over 20 years doing this, so whatever I built for myself should be able to help others too and if it’s helpful software I can benefit commercially from it, that’s what I’m planning to do and that’s what this project is about.
Not the fish. The tools.
If you haven’t started betting, don’t even start. If betting is already a problem, free and confidential help: BeGambleAware.
