$100k per year in sports betting

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  • bhoor
    SBR MVP
    • 12-17-12
    • 2256

    #1
    $100k per year in sports betting
    Is it possible to make $100k per year in sports betting?
  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388179

    #2
    No

    easy to lose 100,000 though

    99% lose

    Only winners are guys that take both sides to a game small profit and spot players
    Comment
    • mpaschal34
      SBR Posting Legend
      • 02-04-13
      • 12087

      #3
      yes....only problem is that it will cost you $200k.
      Comment
      • dante1
        BARRELED IN @ SBR!
        • 10-31-05
        • 38647

        #4
        Originally posted by bhoor
        Is it possible to make $100k per year in sports betting?


        Probably not, but you can lose that much easily. Wait there is one way that might work. Bet one game, 20,000 times, do you know what that means? I am not being smart here, that is a term used in the NE part of the US. Equivalent to 100,000 dollars. So bet one game, win and walk away. Then it is possible.
        Comment
        • DOM_Toretto
          Restricted User
          • 01-28-13
          • 9035

          #5
          Originally posted by bhoor
          Is it possible to make $100k per year in sports betting?
          You'd have to be moving about $1mil or more in total bets.

          If I bet $50k in a season, a good season is profiting $5k.

          High volume players limit variance.
          Comment
          • Darkside Magick
            SBR Posting Legend
            • 05-28-10
            • 12638

            #6
            If all your bets are "value" and you bet like a robot..yes
            Comment
            • Hu$tle
              SBR MVP
              • 03-31-15
              • 1365

              #7
              Possible, yes

              Lot of factors to consider
              Comment
              • dante1
                BARRELED IN @ SBR!
                • 10-31-05
                • 38647

                #8
                Originally posted by jjgold
                No

                easy to lose 100,000 though

                99% lose





                Only winners are guys that take both sides to a game small profit and spot players


                JJ, you are more than correct my friend. Probably closer to 99.9%. As I have mentioned numerous times I have been around gamblers for decades and have witnessed no winners in the long run. None. So no, if you are an average player you will lose. Does that mean you will lose very year, no it does not. But before the fat lady sings you will be a loser. Long time players know this.

                However, I often get arguments about this. People come on and say I win all the time, but when I ask them to display there plays for everybody to see, well then they have a thousand different excuses. How many guys did we see through the years JJ that say they can hit at 60% or higher. My god it must be in the dozens, all failed. Remember? jokesters!
                Comment
                • bhoor
                  SBR MVP
                  • 12-17-12
                  • 2256

                  #9
                  I'm tired of my 9-to-5 job, becoming cubicle slave, yes, it's a good government job paying about $90k with pension and other benefits. It's hard to enjoy the quality time with my kid and family. And I'm taking small steps to become FT sports better, maybe, another 3 years. Thanks for your opinion guys!
                  Comment
                  • rm18
                    SBR Posting Legend
                    • 09-20-05
                    • 22291

                    #10
                    It is actually easier at the beginning you will get more bonuses and comps on bets but if you win the bonuses will be gone, also lines get slightly more accurate every year.
                    Comment
                    • Darkside Magick
                      SBR Posting Legend
                      • 05-28-10
                      • 12638

                      #11
                      Originally posted by bhoor
                      I'm tired of my 9-to-5 job, becoming cubicle slave, yes, it's a good government job paying about $90k with pension and other benefits. It's hard to enjoy the quality time with my kid and family. And I'm taking small steps to become FT sports better, maybe, another 3 years. Thanks for your opinion guys!
                      Keep your job!!!!!!!
                      Comment
                      • mpaschal34
                        SBR Posting Legend
                        • 02-04-13
                        • 12087

                        #12
                        Originally posted by bhoor
                        I'm tired of my 9-to-5 job, becoming cubicle slave, yes, it's a good government job paying about $90k with pension and other benefits. It's hard to enjoy the quality time with my kid and family. And I'm taking small steps to become FT sports better, maybe, another 3 years. Thanks for your opinion guys!
                        wow...horrible choice to quit your job. $90k with benefits and pension equates to probably $130 to 150K in everyday cash. wait until you have to pay for healthcare and all the other benefits you lose in the long run. especially if you are anywhere close to having a pension.

                        also don't forget about your raises in the long run. DON'T DO IT!
                        Comment
                        • eidolon
                          SBR Hall of Famer
                          • 01-02-08
                          • 9531

                          #13
                          Bet $1000 a game (-110 line) for 2000 bets for the year, and hit at 55%, and you got yourself $100,000 for the year.
                          Comment
                          • bhoor
                            SBR MVP
                            • 12-17-12
                            • 2256

                            #14
                            Originally posted by mpaschal34
                            wow...horrible choice to quit your job. $90k with benefits and pension equates to probably $130 to 150K in everyday cash. wait until you have to pay for healthcare and all the other benefits you lose in the long run. especially if you are anywhere close to having a pension.

                            also don't forget about your raises in the long run. DON'T DO IT!
                            I'm giving myself 3 years time, doing my homework.
                            Comment
                            • bhoor
                              SBR MVP
                              • 12-17-12
                              • 2256

                              #15
                              Originally posted by eidolon
                              Bet $1000 a game (-110 line) for 2000 bets for the year, and hit at 55%, and you got yourself $100,000 for the year.
                              That's interesting.
                              Comment
                              • CanuckG
                                SBR Posting Legend
                                • 12-23-10
                                • 21978

                                #16
                                Originally posted by bhoor
                                That's interesting.
                                And nearly impossible. Don't do it.
                                Comment
                                • pilebuck13
                                  SBR Posting Legend
                                  • 05-15-15
                                  • 17918

                                  #17
                                  I got a guy who has Costa Rica and New York connections and has sources at games inside info if u want hell he will even pick you up at the airport in a stretch limo
                                  Comment
                                  • dante1
                                    BARRELED IN @ SBR!
                                    • 10-31-05
                                    • 38647

                                    #18
                                    Originally posted by bhoor
                                    I'm giving myself 3 years time, doing my homework.

                                    you can give yourself 300 years and you won't do it my friend. don't be stupid, you have a good job, a good pension stay in your hole. take it from somebody that knows, nobody wins,
                                    Comment
                                    • bhoor
                                      SBR MVP
                                      • 12-17-12
                                      • 2256

                                      #19
                                      Originally posted by Darkside Magick
                                      If all your bets are "value" and you bet like a robot..yes
                                      Whenever I get time, I analyze the data from the previous years. And I'm building a good model. From the past few years of lines, I found out certain games hit 8 out of 10 times. I was only to find out last week.
                                      Comment
                                      • BeatTheJerk
                                        BARRELED IN @ SBR!
                                        • 08-19-07
                                        • 31794

                                        #20
                                        Originally posted by eidolon
                                        Bet $1000 a game (-110 line) for 2000 bets for the year, and hit at 55%, and you got yourself $100,000 for the year.

                                        That's too many wagers ... Better off spot betting $2,500 a game 220 times & hitting 60%. (-110) At the end of the day you have to pick winners. I make 10 bets a month ranging from 1-5k & I throw in 100 dollar parlays from time to time. Up 45k in 7 months.
                                        Comment
                                        • Underdog5229
                                          SBR MVP
                                          • 10-31-11
                                          • 1856

                                          #21
                                          keep your job, you will need it betting sports
                                          Comment
                                          • Darkside Magick
                                            SBR Posting Legend
                                            • 05-28-10
                                            • 12638

                                            #22
                                            Don't matter if you put up 220 bets...2000.bets.....50000 bets.....as long as you got value then bet it
                                            Comment
                                            • trytrytry
                                              SBR Posting Legend
                                              • 03-13-06
                                              • 23650

                                              #23
                                              Originally posted by bhoor
                                              I'm tired of my 9-to-5 job, becoming cubicle slave, yes, it's a good government job paying about $90k with pension and other benefits. It's hard to enjoy the quality time with my kid and family. And I'm taking small steps to become FT sports better, maybe, another 3 years. Thanks for your opinion guys!
                                              how to put this.

                                              KEEP your DAMN JOB
                                              Comment
                                              • Bostongambler
                                                BARRELED IN @ SBR!
                                                • 02-01-08
                                                • 35581

                                                #24
                                                Why are ur sites so low.
                                                Comment
                                                • trytrytry
                                                  SBR Posting Legend
                                                  • 03-13-06
                                                  • 23650

                                                  #25
                                                  Originally posted by bhoor
                                                  Whenever I get time, I analyze the data from the previous years. And I'm building a good model. From the past few years of lines, I found out certain games hit 8 out of 10 times. I was only to find out last week.
                                                  OK you SERIOUSLY need to KEep your job!
                                                  Comment
                                                  • Underdog5229
                                                    SBR MVP
                                                    • 10-31-11
                                                    • 1856

                                                    #26
                                                    keep the job man, wont win money long term.
                                                    Comment
                                                    • bhoor
                                                      SBR MVP
                                                      • 12-17-12
                                                      • 2256

                                                      #27


                                                      The model I found out from previous lines I applied on the last BTP contest. Oh well, I'm going to apply this model rest of the BTP. Lets see how it goes.
                                                      Cheers!
                                                      Comment
                                                      • Rich Boy
                                                        SBR Hall of Famer
                                                        • 02-01-09
                                                        • 9714

                                                        #28
                                                        Ive made well over 100k each of the past 5 years
                                                        Comment
                                                        • jtoler
                                                          BARRELED IN @ SBR!
                                                          • 12-17-13
                                                          • 30967

                                                          #29
                                                          Of course it is.
                                                          Comment
                                                          • bhoor
                                                            SBR MVP
                                                            • 12-17-12
                                                            • 2256

                                                            #30
                                                            Originally posted by Rich Boy
                                                            Ive made well over 100k each of the past 5 years
                                                            You need to pick your spots I guess.
                                                            Comment
                                                            • TPowell
                                                              SBR Posting Legend
                                                              • 02-21-08
                                                              • 18842

                                                              #31
                                                              Sure it is but outside of the normal issues like hitting the right plays and not going crazy on a losing streak and such, you have to worry about limits, books not taking your action, getting your money safely, etc
                                                              Comment
                                                              • Underdog5229
                                                                SBR MVP
                                                                • 10-31-11
                                                                • 1856

                                                                #32
                                                                move to vegas, lets us know how it goes in 5 yrs
                                                                Comment
                                                                • jjgold
                                                                  SBR Aristocracy
                                                                  • 07-20-05
                                                                  • 388179

                                                                  #33
                                                                  It's impossible because of -110
                                                                  Comment
                                                                  • Bostongambler
                                                                    BARRELED IN @ SBR!
                                                                    • 02-01-08
                                                                    • 35581

                                                                    #34
                                                                    Originally posted by Underdog5229
                                                                    move to vegas, lets us know how it goes in 5 yrs
                                                                    He will swallowed up in the porn industry
                                                                    Comment
                                                                    • Underdog5229
                                                                      SBR MVP
                                                                      • 10-31-11
                                                                      • 1856

                                                                      #35
                                                                      very true.
                                                                      Comment
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