There are stories of people who have won the lottery or struck it rich in some other way. But what about the people who have turned a small amount of money into an incredible fortune by exploring the odds in casinos or gambling houses? Today, we are going to tell you the narrative of one such person. This is the journey of a winner who started with just $700 and eventually turned that into $300 million!
Who is Matthew Benham?
Benham is a UK-based businessman, professional sports gambler, and entrepreneur. He owns Smartodds, sports betting data and technology company, and previously founded the online bets exchange Betfair. Benham is also a majority shareholder in a pro football team in England. A known philanthropist, he has donated to various causes, including the University of Oxford and Cancer Research UK. Benham has an estimated net worth of £600M as of 2022.
Matthew Benham is a self-made millionaire who started out with nothing and took chances that paid off to make his fortune. He began by taking out loans to invest in the stock market and then moved on to starting his own businesses. He has always been willing to take risks, and it has paid off handsomely for him. He is now one of the most successful businessmen in the world, and he is an inspiration to others who are looking to make their own way in life. If you’re willing to work hard and take some chances, you can achieve anything you set your mind to—just like Benham did.
When he heard that the club was in financial trouble in 2005. Fans held bucket collections before matches to raise funds to keep the team afloat. Benham took a gigantic risk on the club and that decision has certainly paid off. In 2009, the team was bought by Benham, who invested heavily in the team. This led to a period of prosperity for the team, as they won promotion to the Championship in 2013/14.
Thanks to the capital addition from Benham, the team has been transformed from a team on the brink of extinction to a major force in English football.
The incredible success story
His success story was not an overnight success and took a lot of hard work from Benham. His original background was actually in finance, and it was in 2011 that he decided to step away from his previous job and get started with sports betting. After leaving Bank of America, Benham had joined Premier Bet in 2003. A company that catered to sports gambling and was founded by Tony Bloom—one among many renowned gamblers who’ve made their mark on this industry over time.
He worked with him side-by developing predictive models based on analytics-which is what brought us here today. After a few years, Benham left and founded Smartodds in 2004, his very own betting system. Being in a better financial position, he heard that his favorite team was in crisis in 2005, and wanted to help out in any way possible, so they could continue to play football professionally for years down the line as well. And naturally, because this person is such an avid lover/supporter with deep pockets—$700K worth- it made sense for him to provide them with all kinds of family loans. That resulted in a massive return on his capital.
All about Brentford FC
This is a professional football team based in Greater London, England. The team was founded in 1889 and played in the Southern League until 1920 when it was elected to the Football League Third Division. Since then, it has mostly competed in the second and third tiers of English football. They reached the fourth tier for the first time in their history in 1988, and have since achieved promotion to the third tier on three occasions. Its most gracious period was between 2014 and 2020 when they attained several promotions to reach the Championship, the second tier of English football. The club plays its home games at Griffin Park, which has been its home ground since 1904.
Their main rivals are Fulham, Queens Park Rangers (QPR), and Chelsea. The Bees also share a historic rivalry with Bromley or Dulwich Hamlet; however, this is no longer as significant as it once was given that both clubs are now playing non-league football. In recent years there has been talking of a resumption of hostilities with old adversaries.
$700k to $300m: What you can learn from this sports gambling expert
Whether you’re a casual sports fan or a seasoned gambler, we can all learn a thing or two from Benham – the man who turned $700k into $300M.
Many people believe that to have prosperity in business, you need to take risks. This is a philosophy that Benham adhered to in his business endeavors, and it is one that has served him well. Benham’s focus on his strategy and aim helped him achieve greatness, and his past can serve as an inspiration for others who are looking to make their mark in the business world.
The moral of this is that with a clear strategy and dedication, anything is possible. So if you’re looking to make a big return on your funds, take a page out of Benham’s playbook and start thinking like him. Who knows, you might just be the next big hit.
Some tips and tricks
Here are some tips and tricks we can learn from a gambling expert:
- Have a clear strategy: Benham’s fortune was due in large part to his focus on his strategy. He didn’t just gamble blindly, but rather he approached each bet with a clear plan in mind. If you’re looking to be with the big players in gambling, it’s important to have a clear strategy that you stick to.
- Don’t be afraid to take risks: Many people shy away from taking risks, but as Benham’s journey demonstrates, sometimes taking risks can pay off big time. Of course, you should never gamble more than you can afford to lose, but don’t be afraid to go for it if you believe in your strategy.
- Be dedicated: Benham didn’t achieve his wealth overnight. It took years of dedication and hard work to get to where he is today. If you’re looking to be successful in gambling, you need to be willing to put in the time and effort.
- Stay disciplined: One of the keys to Benham’s prosperity is that he remained disciplined throughout his career. Even when he was up big, he stuck to his strategy and didn’t let emotions get in the way. This is a crucial trait for any gambler, as it can be easy to get carried away when things are going well (or poorly).
Benham’s journey is an inspiring one, and there are many lessons to be learned from his journey. If you’re looking to make a big return on your investment, think like a winner, and don’t be afraid to take risks. With a clear strategy and dedication, anything is possible.