[00:00] This guy, Alex, is talking about how you can earn 10% a year with S&P 500, but you get daily compounding with sports betting. He's 100% right. Let me show you how. Okay, so with stocks, this is how it would work. Let's say we're starting with $1,000, for example, right? We're going to
[00:15] have one year of growth, and we're going to have, let's put the estimated rate of turn at 25%. It's going to compound annually, and we're not going to contribute any money to this, right? So what we would walk away with at the end of the year
[00:27] would be $1,250, so $250 worth of profit, which is great. If you could do that with stocks every year, you would be the greatest stock picker ever. But now let's break down the power of daily compound interest. So we're gonna start with that same $1,000.
[00:41] We're gonna just go with even 0.5% interest rate daily. We're gonna go with one year for this, and then we're gonna include all the days of the week. We're always gonna reinvest 100%, and we're going to calculate this. we come away with $6,174 at the end of year.
[00:56] And that's with only 0.5% daily returns. So this is proof of exactly why Alex is right. And there is no reason that you and all your friends shouldn't be doing this.