Understanding Insurance: What Do You Get for Your Premium?

Buying an insurance policy doesn’t give you immediate gratification in the way that buying a TV, a washing machine or any other item you use on a daily basis does. In fact, we often hear clients say:

“I’ve never been in a car accident.” Or “I never get sick.” Or “My employees have never been hurt on the job… So what am I getting for my premium?”

That’s a great question. And the answer requires a shift in thinking, as well as a little history about insurance coverage and its original purpose.

What Am I Buying?

In a nutshell, insurance is an important but intangible product. It buys you protection and peace of mind.

A good insurance policy allows you to protect:

  • Valuable assets in which you’ve invested a great deal of money, such as your home, car, boat, motorcycle or jewelry
  • People you care about and would want to help should they be physically harmed: your children, spouse and employees

Insurance also gives you peace of mind, knowing that:

  • You’re not gambling with your financial security
  • If something bad happens, it won’t financially destroy your business or put your family into bankruptcy

While you may not be able to hold these things in your hand, they are of value.

How Does Insurance Work?

The concept of “risk” is the single most important thing to understand. Insurance involves the pooling of similar types of risk and the transfer of that risk to a central entity, such as an insurance company that agrees to cover the costs of future “losses.” Depending on the type of insurance, a loss could be an illness, a car accident, a workplace injury, a hailstorm, crop damage, a fire or other life events that could prove financially devastating to an individual, family or business.

Customers pay a predictable premium in exchange for protection against such catastrophic events. In fact the term “catastrophic” is another important insurance concept. Originally, insurance was developed as protection from catastrophic, overwhelming losses, rather than everyday expenses.

A Bit of History

The origins of insurance date back to the 3rd millennia B.C., when Chinese merchants travelling treacherous river rapids would redistribute their wares across many vessels to limit loss due to any single vessel capsizing. They were, in essence, spreading their risk, much like an insurance company spreads its risk across many policies.

Insurance in the 21st Century

So here’s what you need to know about shopping for an insurance policy today:

  • You’re buying protection-an intangible product that you hope you’ll never need, but will be tremendously thankful to have should something bad happen.
  • The most basic insurance policies cover catastrophic events only-not day-to-day expenses, but the big costs that could wipe you out financially.
  • There are literally hundreds of insurance options available today, to fit every budget. Basic plans are a godsend to folks on a budget, while those who have the means may want to purchase a far more inclusive policy. The choices in between are almost limitless.
  • Your agent should be able to both simplify the complexities of insurance while presenting you with a number of options tailored to your needs and budget.

Perhaps the most important lesson about insurance: Don’t go without it. Financial catastrophes usually come hand-in-hand with emotional trauma. The last thing you need is to be worried about money at a time when you should be tending to your loved ones or employees.

If you don’t have an insurance agent, search online for someone local. Talk to several agents and pick one who doesn’t “push products” but, rather, listens to your needs and tailors a plan specifically for you. Developing a one-on-one relationship with an agent now is something you’ll be thankful for if, down the road, you, your family or your business should experience a catastrophe.

Sports Betting Champ, John Morrison Sports Betting Product Review!

Sports Betting Champ, John Morrison is most well known for his 97% win rate NBA/MLB sports betting system. But, the Sports Betting Champ has also brought us other valuable products. A conscientious of picks called The Sports Pick Buffet, and a daily picks package called, The Champs Selections. In this article, I will provide a little background on the Sports Betting Champ, John Morrison, and review some of his products.

Firstly, Sports Betting Champ, John Morrison, is a world renowned sports handicapper, and professional gambler. In his 28 years, in the gambling world, he is yet to have a losing season. That is why he has earned the name of Sports Betting Champ.

Young, John Morrison, grew up with a passion for sports and numbers. John had great success as a student, in the areas of mathematics and statistics. He would eventually earn his PhD, in Statistics, from Cornell University.

Sports Betting Champ, John Morrison, then went on to make his living, combining both his passion for sports and numbers, in the world of professional gambling. John is well sought after, from people all over the world, for his gambling advice.

Sports Betting Champ, John Morrison, also spent almost a decade, going over the sporting database, trying to find a system that would predict winning outcomes, with the greatest consistency. In NBA basketball betting, in the years between 2003 and 2009 the Sports Betting Champ went a reported 363 wins – 8 losses, in all years combined. And, in MLB baseball betting in the years between 2004 and 2009 John Morrison went a reported 243 wins – 1 loss, in all years combined!

You can see that Sports Betting Champ, John Morrison is truly on to something!

Product reviews

1. The World’s Unbeatable Sports Betting System- This is the where people normally ask if this is a Sports Betting Champ scam. A 97% win rate system? But, the 97% win rate is on bets made, not on games played. True this system is one that is best utilized by a person with a bankroll to back them up. But, it is surprisingly easy to use.

The system determines certain low risk bets, which can be predicted well ahead of time. That translates to only betting about 40% of the time. Approximately, 120 games out of the year between the two seasons. It uses a form of martingale wagering, applied to a three game series. Based on the premise that the team bet is sure to win one out of three games. Once your team wins one in the series, your done betting that series. This system also comes with a 67% win rate NFL system, and lifetime of free picks, well worth the $197 price tag!

2. John Morrison Sports Buffet- The Sports Pick Buffet is a great value. The product is a conscience of opinion from over 500 top handicappers, comprised into a report and delivered to your inbox everyday. The report is compiled by Sports Betting Champ, John Morrison, himself. The report would look something like this:

Compilation of sports picks from expert handicappers for May 29th, 2010

MLB Games

Pittsburgh Pirates vs. Atlanta Braves

1 handicapper picked Pittsburgh to win the game (Hawkeye Sports)

5 handicappers picked Atlanta to win the game (Robert Ferringo, Gamblers Data, The Shark, Kelso Sports Handicapping, Dr Baseball)

Philadelphia Phillies vs. Florida Marlins

6 handicappers picked Philadelphia to win the game (Rob Vinciletti, Vegas Sports Plays, Moneylineking, Scott Spreitzer, Louisville Slugger, Golden Contender)

11 handicappers picked Florida to win the game (Info Plays, Dave Cokin, Tommy Gold, Dimension Sports, The Baseball Handicapper, Hot Lines, Chuck O’Brien, Lenny Del Genio, Mike Hook, Sportsbook Guru, Benjamin Lee Eckstein)

Houston Astros vs. Cincinnati Reds

1 handicapper picked Houston to win the game (Sports Betting Professor)

11 handicappers picked Cincinnati to win the game (Carlo Campanella, Doc’s Sports, Robert Ferringo, Moneylineking, Tommy Gold, Nolan Fernandez, Sports Wagers, Silver Key Pick, Kelso Sports Handicapping, Dr Baseball, Tom Law Longball Sports)

St Louis Cardinals vs. Chicago Cubs

5 handicappers picked St Louis to win the game (Dave Cokin, Chris Jordan, Super Sports Group, Sports Wagers, Kelso Sports Handicapping)

8 handicappers picked the Chicago Cubs to win the game (Sac Lawson, Tom Freese, Dunkel, Tv Hotline, Ben Burns, Igz1 Sports, Ny Players Club, Rudy Nyc Sports)

New York Mets vs. Milwaukee Brewers

4 handicappers picked the NY Mets to win the game (Tommy Gold, Hammerthebook, Sportsbook Guru, Seabass)

6 handicappers picked Milwaukee to win the game (Dave Price, Robert Ferringo, Fasttrack Sports, Ben Burns, Sports Brokers, Vegas Runner)

Los Angeles Dodgers vs. Colorado Rockies

13 handicappers picked the LA Dodgers to win the game (Rocky Atkinson, Derek Mancini, MJP Sports, Dimension Sports, Hondo, Richie Parker, Dave Eckstein, National Sports Service, Al Demarco, Super Sports Group, Sports Wagers, Kiki Sports, Fantasy Sports Gametime)

4 handicappers picked Colorado to win the game (John Martin, Bobby Maxwell, Robert Ferringo, Tom Law Longball Sports)

Arizona Diamondbacks vs. San Francisco Giants

4 handicappers picked Arizona to win the game (#1 Sports, Profit-On-The-Net, Super Sports Group, Kiki Sports)

9 handicappers picked San Francisco to win the game (Larry Ness, Frank Jordan, Raypolaccosports, Papayagang, John Harrison, Kelso Sports Handicapping, Seabass, The Consensus Group, Stumpthespread)

Texas Rangers vs. Minnesota Twins

4 handicappers picked Texas to win the game (Jr Odonnell, Dan Bebe, MJP Sports, Karl Garrett)

13 handicappers picked Minnesota to win the game (David Chan, Cappers Access, Robert Ferringo, Easy Money Sports, Tommy Gold, Dozo Games Handicapping, Insider Sports Report, Super Sports Group, B&S Picks, Executive, Teddy Covers, Tom Law Longball Sports, Ats Baseball Lock Club)

Seattle Mariners vs. LA Angels

2 handicappers picked Seattle to win the game (MJP Sports, Boston Blackie)

3 handicappers picked the LA Angels to win the game (Pure Lock, Platinum Plays, LPW Sportsforecast)

Chicago White Sox vs. Tampa Bay Rays

5 handicappers picked the Chicago White Sox to win the game (Chris Jordan, Michael Cannon, Chuck O’Brien, Sports Wagers, Seabass)

4 handicappers picked Tampa Bay to win the game (Jimmy Boyd, Computer Sports, Dimension Sports, Wagerglobe)

Oakland Athletics vs. Detroit Tigers

6 handicappers picked Oakland to win the game (Marc Lawrence, Lee Kostroski, MJP Sports, Papayagang, Insider Sports Report, Super Sports Group)

14 handicappers picked Detroit to win the game (Gill Alexander, Jeff Alexander, Robert Ferringo, Hawkeye Sports, Tommy Gold, Baseball Crusher, The Shark, JSM Sports, Executive, Sportsbook Guru, Teddy Covers, Tom Law Longball Sports, Dozo Games Handicapping, Greg Shaker)

Kansas City Royals vs. Boston Red Sox

2 handicappers picked Kansas City to win the game (MJP Sports, Greg Shaker)

20 handicappers picked Boston to win the game (Tony George, Jack Jones, Robert Ferringo, Arthur Ralph Sports, Mike Wynn, Derek Mancini, Dave Cokin, Chris Jordan, National Sports Service, Jr Odonnell, The Shark, Igz1 Sports, Rocketman, Jsm Sports, Hammerthebook, Benjamin Lee Eckstein, Seabass, Ats Baseball Lock Club, Dozo Games Handicapping, Stan Sharp)

NBA Games

There are no NBA games played today.

Summary of the recommended bets to make for May 29th, 2010 based on the sports handicappers’ consensus:

“Ultimate Bet” of the day:

[MLB] Most sports handicappers lean toward the Boston Red Sox to win the game at a 20:2 ratio!

(Note: this bet was eventually WON)

“Best Bets” of the day:

[MLB] Most sports handicappers lean toward the Cincinnati Reds to win the game at a 11:1 ratio.

(Note: this bet was eventually WON)

[MLB] Most sports handicappers lean toward the Detroit Tigers to win the game at a 14:6 ratio.

(Note: this bet was eventually LOST)

[MLB] Most sports handicappers lean toward the Minnesota Twins to win the game at a 13:4 ratio.

(Note: this bet was eventually WON)

As you can see this is a very powerful tool. And, the value, Sports Betting Champ, John Morrison is making available. You can easily spent $1,000 a year on gambling advice from one handicapper. The John Morrison Sports Buffet allows you access to the advice of 500 handicappers for the price of one, the information is already data-mined, and made readable to you everyday. Thats close to $500,000 a year in gambling advice from this Sports Betting Champ product. This service is well worth the $125 a month, that’s $3.25 a day. You can get started with a 10 day trial for an unbelievable $5 trial payment.

3. John Morrison Sports Picks- The Sports Betting Champ has put together three separate daily picks, College and NBA Basketball sports bet packages, College and NFL Football sports bet packages, and Year-Round Horse Racing tip packages. The Champs Selections come in three separate subscriptions, two-week, one month, and full year deals. These are the same plays the Sports Betting Champ uses himself. The picks are delivered to your inbox early, leaving plenty of time to get to your favorite sportsbook. The prices vary.

How to Improve Your Powerball Lottery Odds by Millions

Odd or Evens in the Powerball lottery

One factor to consider in picking your Powerball lottery numbers is the ratio between the odd / even lotto numbers.

Looking at the past history of all lottery games there appears a pattern that shows you would be better off by not playing all odd or all even numbers.

Example of playing all even numbers 2.4.6.20.40

Example of playing all odd balls 3.11.21.35.47

For the last 290 Powerball games reviewed as of 6/9/08

*********************************************

Powerball Odd/even combo analysis

*********************************************

play mix hits

5 odd 0 even 9 as a percentage 3.10 %

4 odd 1 even 38 as a percentage 13.10 %

3 odd 2 even 88 as a percentage 30.34 %

2 odd 3 even 106 as a percentage 36.55 %

1 odd 4 even 39 as a percentage 13.45 %

0 odd 5 even 10 as a percentage 3.45 %

********************************************

Looking at the table above, you may improve your odds by playing either 3 odd /2 even or 2 odd / 3 even. These rations accounted for almost 2/3 of all past

winners.

30.34 + 36.55 = 66.8%

Or almost 2/3 of past winning number sets follow this rule.

These Powerball lotto ratios are always changing, but this pattern does occur across all Powerball lotto / lottery games.

What states/jurisdictions participate in the Powerball lottery?

A: Arizona, Colorado Powerball, Connecticut, Delaware, Idaho, Indiana, Iowa Powerball, Kansas, Kentucky, Louisiana, Maine, Minnesota, Missouri, Montana, Nebraska, New Hampshire, New Mexico, North Carolina, North Dakota, Okalahoma, Oregon, Pennsylvania Powerball, Rhode Island, South Carolina, South Dakota Powerball, Tennessee, U.S. Virgin Islands, Vermont, Washington D.C., Wisconsin, and West Virginia.

Best of luck, gotta swing the bat to hit the ball.

How To Increase Your Odds Of Winning The Lotto By More Than 1000%

Do you want to know how to increase your odds of winning the lotto by more than 1000%? It actually can be done, but it involves changing the way you play.

The best way to explain how to do it is with an example. Let’s say that you are a regular Powerball player. Let’s also say that you live in Indiana. Indiana offers a game called Hoosier Lotto. Hoosier Lotto is a 6/48 game and the odds of winning are approximately 1-in-12.3-million. We all know the Powerball odds, Right? Powerball is 1-in-195-million.

Now, let’s say that you quit playing Powerball and spend the exact same money playing Hoosier Lotto instead. What would that do to your odds of winning? You are actually 15.8 times more likely to win the Hoosier Lotto jackpot than you are the Powerball jackpot, with the same amount of money spent, based on the odds of each game. That means, by switching games, you increased your odds of winning the jackpot by 1580%.

1580% – That’s HUGE! If you lived in the state of Indiana and played Powerball instead of Hoosier Lotto for years, you would have blown so much money on an impossible dream. If you played Hoosier Lotto instead, you might have already been a millionaire. That same logic applies to no matter where you live, if you have been playing the wrong lottery game.

Winning the Hoosier Lotto jackpot would be a life-changer. The Hoosier Lotto jackpots reach into the millions, sometimes tens of millions of dollars. Winning that would make you happy, wouldn’t it?

The strategy that applies to the Hoosier Lotto in Indiana also applies to other lotteries across the U.S. Here are just a few examples of how much you would increase your odds of winning if you only just replace your Powerball purchases with the following games:

• The Pick in Arizona: 2785% increase in odds

• Illinois Lotto: 1950% increase in odds

• Colorado Lotto: 3714% increase in odds

• Kansas Hot Lotto Sizzler: 1773% increase in odds

• Pick 6 lotto in New Jersey: 1393% increase in odds

• Megabucks in Oregon: 3250% increase in odds.

The same strategy could be applied to other lotteries, no matter the country that you live.

Take Canada, for example. The biggest jackpot game in Canada is Lotto Max, with jackpots ranging from $10 to $50 million. Now, the Lotto Max game is different, in that it costs $5 to play. For $5, you get three lines. The odds of winning the jackpot, per $5 play, are approximately 1-in-28.6-million.

Let’s say you live in Ontario, Canada. In Ontario, a 50 cent game called Ontario 49 is offered. It offers a million dollar jackpot and the odds of winning are approximately 1-in-14-million. So, then, for the $5 you spend on one Lotto Max ticket, you could buy ten Ontario 49 tickets. With 10 Ontario 49 tickets, your odds of winning the jackpot would be approximately 1-in-1.4-million. That would increase your odds of winning, over Lotto Max, by 2042%.

But you might be thinking that the $1 million prize that Ontario 49 offers isn’t big enough to really be a life changer. If that’s the case, even playing Lotto 6/49 is better. Lotto 649 offers jackpots of $3 million plus, often reaching into the tens of millions of dollars. The game costs $2 to play and the odds of winning the jackpot are approximately 1-in-14-million. So for every $5 Lotto Max ticket you buy, you could buy 2.5 Lotto 6/49 tickets. That means that for every $5 spent on Lotto 6/49, your odds of winning the jackpot would be approximately 1-in-5.6-million. That’s still an increase in odds of 510%.

We can use the same reasoning whichever country you live in. For example, if you live in the UK and play EuroMillions, you could substitute that game for Lotto Plus 5, which costs half as much to play, and you would increase your odds of winning the jackpot by 1671%

Now you understand that just changing the way you play the lotto can increase your odds of winning by 1000% or more. So stop playing big jackpot games like Powerball, Mega Millions, EuroMillions, and Lotto Max. Pick a better game, and you will increase your odds of winning by more than 1000%.