New Jersey Sports bookmakers beware! A new betting subscription service (Jambos Picks) has been launched with the aim of offering US punters the smartest-ever betting forecasts.
To be known as ‘Jambos Picks’, it is built on a predictive algorithm leveraging data-based models as used by Wall Street quant funds. It will strive to use this up-to-the-minute technology to make the most accurate betting tips of all time.
It has been launched by the former Major League Baseball pitcher Michael Schwimer and has the backing of some high-profile investors. They include:
- Steve Duncker, a former Goldman Sachs partner and chairman of the New York Racing Association.
- Marvin Bush, son of former President H.W. Bush.
- And financiers Bill Miller and David Ganek.
To start with Jambos Picks will offer betting recommendations on NFL and NCAA football, NBA and NCAA men’s basketball and Major League Baseball.
The launch follows an eight-month beta period starting in December 2018. It revealed the following, Jambos claim: Should customers, following its method, have bet $300 per pick, a profit of more than $70,000 could have resulted.
“An Algorithm brings machine learning to sports betting”
Its founder Schwimer explained: “Our proprietary algorithm brings a machine learning-based approach to sports betting and guarantees profitability if you follow our system. We pay you if it doesn’t.
“We analyze everything from both publicly available and commercial data sets, some of which are exclusive to Jambos. We are thus able to ensure subscribers are always equipped with the best possible bet recommendations. Our record of success speaks for itself.”
The launch follows an eight-month beta period starting in December 2018. It revealed that should customers following its method have bet $300 per pick, a $70,000 profit would have been earned.
Jambos say they are also hoping to bring “integrity to an industry that has previously faced accusations of impropriety.
This in part will be via money-back guarantees giving customers a refund of subscription fees. Additional funds based on the length will also be paid if their recommendations result in an unprofitable record.
To further instill ‘integrity in the industry’, Jambo promises to display complete time-stamped records of its historical bet recommendations.
