For fans of knockouts, last weekend was quite a treat. Gervonta Davis ended a good action fight against Leo Santa Cruz with a savage left uppercut for one of the best knockouts of the year. Naoya Inoue sealed a dominant performance with a stylish right hand KO of Jason Moloney. And then there was Isaac Cruz against Diego Magdaleno. Our prediction for the fight last week was: “Cruz could jump on him here and get him out of there. This fight is basically a toss-up to us, but we’re going with Magdaleno to weather some early trouble and settle into a rhythm and win a close, spirited scrap.” We were very right about the first part and very wrong about the outcome. Of the five betting losses we’ve taken thus far, this one is probably our biggest miss. But we didn’t sell out with a huge bet and overall we netted about $31 on the weekend.
We’re adding another performance measurement to our portfolio report this week. So far we have been comparing the returns for our entire bankroll on an annualized rate of return basis. And we’ll continue to do that. But we’re also going to start reporting Return On Investment (ROI) as it seems to be a preferred metric for sports betting. Instead of figuring our yield on the entire bankroll, ROI will give us our return on the total amount of money we have actually wagered. Here’s how we are doing:
Boxing Betting Annualized Rate of Return (since 9/17/20): 400.25%
Mutual Funds Annualized Rate of Return (since 9/17/20): 24.22%
Boxing Betting Return On Investment (ROI): 36.73%
Our only bet this week is on Junto Nakatani vs Giemel Magramo, the first big fight on Japanese soil in eight months. At 22, Nakatani is one of many young Japanese up and coming fighters. He easily handled his big step up last year against a fading Milan Melindo. He’ll have a significant height advantage here and he does a pretty good job of managing distance. But so does Magramo. This should be a pretty tight match and a great one to watch (though there is no live coverage available in the States.) These are two flyweights who are good technicians, but they can also get you out of there. In some matchups we think a southpaw can have a significant impact on the tempo and activity levels in a fight as the orthodox fighter’s jab is often neutralized. But Magramo hails from the Philippines, the southpaw capital of the boxing world and he’s both fought and sparred with loads of southpaws. We think it’s a non-factor here. We’re going with Nakatani and we’re going to make the effort to find this one online.
$37 on Junto Nakatani at -204