earning $5k monthly from sports betting

oddtodd · 10-03-12, 09:22 AM

no.

oddtodd · 10-03-12, 10:18 AM

to elaborate. it takes a wealth of expertise/experience and a huge bankroll i.e. 50k+ to be able to make 5k a month consistently. Just asking if its possible means you are probably a long way away from making that happen. But SBR can be a good place to start, as long as you saty away from about 90% of the posters

Waterstpub87 · 10-03-12, 12:05 PM

Same question has been answered 6000 times already. Just use the search bar on the forum.

Vegas Hammer · 10-05-12, 05:22 PM

LOL

Bigbill365 · 10-05-12, 06:53 PM

yes but you would need about a $60,000 bankroll earning %10 on that a month

Duff85 · 10-05-12, 07:37 PM

Originally posted by wasi90lk

is it realistic?

Realistic if you can bet $250,000 in a month. The size of the bankroll doesn't matter as much as the number of opportunities that you can find. The smaller the number of opportunities that you are able to find that will make you money means the bigger you will have to bet them to reach your turnover target. Thus you would require a bigger bankroll to reduce your risk of ruin. If you can find 1,000 bets in a month (not unrealistic) you can bet them at $250 a pop and hit that target.

Also the more things you bet with positive expectation the more likely you are to reduce your variance (big swings either positive or more importantly negative).

I think you could do this with 25-30k.