How many people do you think make a living sportsbetting?

[JohnGalt2341]

How many people on the planet do you think make a living betting on sports? What would you set the Over/Under at? As long as it's their primary source of income we'll count it.

[shadymcgrady]

My bookies make a living on my sports betting

[bozeman]

lmao))) prolly around couple hundred including match fixers

[bonz]

End of thread already

[bonz]

Baus. Hedgehog.

[milwaukee mike]

lmao))) prolly around couple hundred including match fixers

there's at least 1000 people worldwide making a living just on horse racing syndicate betting

so probably at least a few thousand on the players' side

[KVB]

I know several. They are not greedy and diversify.

We all do, it's the only way. You need may outs and your outs need outs. And even then, get more outs.

Sometimes everyone wonders whether it's worth it. I suggest outside income and a growth style portfolio for those who can win over time.

This can be the most satisfying way to win. Paying bills with gambling money makes it harder to grow those funds.

[tatehill2000]

I know several. They are not greedy and diversify.

We all do, it's the only way. You need may outs and your outs need outs. And even then, get more outs.

Sometimes everyone wonders whether it's worth it. I suggest outside income and a growth style portfolio for those who can win over time.

This can be the most satisfying way to win. Paying bills with gambling money makes it harder to grow those funds.

This is a dam fact... my girl always needs a dime.. Car needs tires blah blah... aleays some crazy "emergency" that MY FUNDS have to be spent on.. lolol

[biggie12]

there's at least 1000 people worldwide making a living just on horse racing syndicate betting

so probably at least a few thousand on the players' side

horse racing syndicate betting. You think that actually exists?

[JIBBBY]

Not many.. You had better be really seasoned, good at spotting trends and very disciplined with your bets to even try....

I do ok myself but I'd feel the pressure for sure if it was my only source of income. I've had losing seasons before in sports like Football and even the NBA and lost money.. MMA and MLB never.. Those sports are solid for me every year..... I'd have to only bet MLB and MMA.. I wouldn't like that...

[milwaukee mike]

horse racing syndicate betting. You think that actually exists?

yes i think it exists, you don't? you never heard of punters club? just the founder made $36 million over 3 years

The Tax Office says Mr Ranogajec made $36,033,599 from the Punters Club over the three years from 2004 to 2006

[bonz]

Oh and you need to be betting a dime per game to even think about a upper middle class lifestyle. That's where you probably need to be grinding at.
Sorry that's actually a little low. Prob 3 to 5k per game to make couple hundred a year if you was grinding.

[biggie12]

yes i think it exists, you don't? you never heard of punters club? just the founder made $36 million over 3 years

The Tax Office says Mr Ranogajec made $36,033,599 from the Punters Club over the three years from 2004 to 2006

no must be an aussie thing? just by looking at google.

U sure he wasn't running some kind of ponzi scheme or something.

he wouldnt of beaten the tracks for 36 million for 3 years.

[milwaukee mike]

no must be an aussie thing?

there were/are a lot of hong kong groups... there are at least 20 horse racing syndicates in the us, each one provides a living for roughly 15-20 people so that's at least 300 just in the us

[biggie12]

there were/are a lot of hong kong groups... there are at least 20 horse racing syndicates in the us, each one provides a living for roughly 15-20 people so that's at least 300 just in the us

doubtful.. i could be wrong but from what ive seen being in the industry in NA i don't think there are any.

[jjgold]

Of course you're going to find lucky people with lucky streak still have one in years but most people lose in any form of gambling including the stock market unless you buy and hold for years and years and good companies


You make money by working hard not chasing some gambling dream, 99% of people that have money didn't get it from gambling

[biggie12]

Of course you're going to find lucky people with lucky streak still have one in years but most people lose in any form of gambling including the stock market unless you buy and hold for years and years and good companies


You make money by working hard not chasing some gambling dream, 99% of people that have money didn't get it from gambling

well said even though i come off as making most of my income from gambling. Its not the case.


Gambling is just a hobby for me that usually ends up making me an extra income.

If i didn't have a primary source of income id probably be broke.

[JIBBBY]

Of course you're going to find lucky people with lucky streak still have one in years but most people lose in any form of gambling including the stock market unless you buy and hold for years and years and good companies


You make money by working hard not chasing some gambling dream, 99% of people that have money didn't get it from gambling

Yup, made all my money in real estate, working hard and smart investing, not sports gambling.. Sports gambling buys my toys and gives me free spending money on the side these days though.... It's something..

[milwaukee mike]

doubtful.. i could be wrong but from what ive seen being in the industry in NA i don't think there are any.

so blood-horse, kennel clubs, and horse tracks just make it up?

Sanford Orlando Kennel Club generalmanager Mike Newlin, who has worked inpari-mutuels at horse and dog tracks, believesCRW bettors are acting as an added takeoutfor most horseplayers. He believes their programsthat scan potential payoffs and canfire hundreds of wagers in an instant to acton those findings are an unfair advantage andthat they should be prohibited.

In2014, robot players accountedfor a higher percentage oftotal handle than ever before,reaching a low-end estimateof $1 for every $5 in the pools.

http://nypost.com/2016/05/02/tech-is-making-horse-racing-betters-richer-than-ever/

[milwaukee mike]

heck, you could call me and my friend a racing syndicate that operated in the us

for years we attacked the dog tracks here

[biggie12]

so blood-horse, kennel clubs, and horse tracks just make it up?

Sanford Orlando Kennel Club generalmanager Mike Newlin, who has worked inpari-mutuels at horse and dog tracks, believesCRW bettors are acting as an added takeoutfor most horseplayers. He believes their programsthat scan potential payoffs and canfire hundreds of wagers in an instant to acton those findings are an unfair advantage andthat they should be prohibited.

In2014, robot players accountedfor a higher percentage oftotal handle than ever before,reaching a low-end estimateof $1 for every $5 in the pools.

http://nypost.com/2016/05/02/tech-is...her-than-ever/

now your just confusing me?

blood-horse is a magazine. (make what up?)

[gojetsgomoxies]

How many people on the planet do you think make a living betting on sports? What would you set the Over/Under at? As long as it's their primary source of income we'll count it.

and i would also think a good condition is that you live independent, reasonably comfortable life i.e. not living with parents for free.

i would say three or four thousand..... maybe a bit more when you consider australia, hong kong and england are all betting crazy and have good access to it.

[gojetsgomoxies]

there's a guy in australia who bets more than $1 billion a year on horse racing - maybe augmented by soccer and so forth but the stories say horse racing. anyway, google him

[BigBusiness]

Only one that I know of

[Snowball]

How many people on the planet do you think make a living betting on sports? What would you set the Over/Under at? As long as it's their primary source of income we'll count it.

about 15 thousand.

[sweethook]

usa = 380 world wide =600

[jjgold]

People win millions of dollars every week also in the lottery if you break it down it's such a minuscule amount of people

Billy Walters was a fraud made most of his money illegally

He did make some money in sports betting because the lines were so wide and off pounded middles let it ride on one side when the line was off seven points .... the technology was not there

Now it's impossible to expose lines

Yup, made all my money in real estate, working hard and smart investing, not sports gambling.. Sports gambling buys my toys and gives me free spending money on the side these days though.... It's something..

[KVB]

...I suggest outside income and a growth style portfolio for those who can win over time.

This can be the most satisfying way to win. Paying bills with gambling money makes it harder to grow those funds...

[JIBBBY]

People win millions of dollars every week also in the lottery if you break it down it's such a minuscule amount of people

Billy Walters was a fraud made most of his money illegally

He did make some money in sports betting because the lines were so wide and off pounded middles let it ride on one side when the line was off seven points .... the technology was not there

Now it's impossible to expose lines

Not impossible to expose lines in MMA, I've been doing that for years... I disagree..

Value plays in MLB all the time as well..

For example today - I think there is big value in this Arizona/Dodgers game tonight..

You got a red hot Zona club that won 11 in row now and already swept the Dodgers a week ago. Zona slammed the Dodgers last night again in a blowout.. Sure the Dodgers are the best team in baseball and have the best record still but they are playing like a cellar team right now... Dodgers can't score runs lately and the pitching has been very vulnerable outside of Kershaw.. They are just 2-8 I believe in their last 10 games. Kershaw barely won that one game by a run.... The Asian Dodger pitchers have been getting absolutely lit up like clock work and we got another one on the mound tonight in Ryu..

Arizona can still be grabbed at +odds in this game.. I think the odds should be -185 Zona the way the Dodgers have been playing lately.. Grienkie (16-6) is on the mound for Zona tonight and remember he was a Dodger for years.. He's familiar with Dodger Stadium and it will be like pitching at home for him tonight.. He's been solid lately.. Grienkie only gave up one run 6 days ago and beat the Dodgers..https://sports.yahoo.com/mlb/players/7257/

Even if the Dodgers rebound and win tonight it's still a solid bet for value I believe taking Zona and Grienkie.. Nothing is ever guaranteed in sports though..

[BigBusiness]

Oh and you need to be betting a dime per game to even think about a upper middle class lifestyle. That's where you probably need to be grinding at.
Sorry that's actually a little low. Prob 3 to 5k per game to make couple hundred a year if you was grinding.

I bet a dime per game regularly (usually a lot more though)

But I don't sports bet for a living. Just for entertainment. I can afford it.

[Rich Boy]

I doubt many people can profit long term and those who can likely have other sources of income.

Probably very few would even WANT to have sports betting as their main source of income, too much stress when your bills are dependent on this.

[BigBusiness]

I doubt many people can profit long term and those who can likely have other sources of income.

Probably very few would even WANT to have sports betting as their main source of income, too much stress when your bills are dependent on this.

Not really. It all depends on how much/how many bills and expenses you have.

If Billy Bob and his fat nasty wife live in a trailer somewhere in bumfckk Alabama, he won't have much stress if sports betting is his only source of income.

But if someone lives in a house damn near the size of a mansion and drives expensive cars in a desirable area (like me) using sports betting as his only source of income, you are going to stress out big time.

[jjgold]

Not impossible to expose lines in MMA, I've been doing that for years... I disagree..

Value plays in MLB all the time as well..

For example today - I think there is big value in this Arizona/Dodgers game tonight..

You got a red hot Zona club that won 11 in row now and already swept the Dodgers a week ago. Zona slammed the Dodgers last night again in a blowout.. Sure the Dodgers are the best team in baseball and have the best record still but they are playing like a cellar team right now... Dodgers can't score runs lately and the pitching has been very vulnerable outside of Kershaw.. They are just 2-8 I believe in their last 10 games. Kershaw barely won that one game by a run.... The Asian Dodger pitchers have been getting absolutely lit up like clock work and we got another one on the mound tonight in Ryu..

Arizona can still be grabbed at +odds in this game.. I think the odds should be -185 Zona the way the Dodgers have been playing lately.. Grienkie (16-6) is on the mound for Zona tonight and remember he was a Dodger for years.. He's familiar with Dodger Stadium and it will be like pitching at home for him tonight.. He's been solid lately.. Grienkie only gave up one run 6 days ago and beat the Dodgers..https://sports.yahoo.com/mlb/players/7257/

Even if the Dodgers rebound and win tonight it's still a solid bet for value I believe taking Zona and Grienkie.. Nothing is ever guaranteed in sports though..

Tremendous analysis there..I wonder why your successful


BigbBusiness is a major player

[Bostongambler]

837

[themike78]

I'm going to go with 967