Every sports gambler I know is always worried about paying taxes on all their winnings.
jjgold
SBR Aristocracy
07-20-05
388179
#2
cant win
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biggie12
SBR Posting Legend
12-30-05
13792
#3
Originally posted by A Quant
I am shocked by that.
Every sports gambler I know is always worried about paying taxes on all their winnings.
lol good post
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SharpAngles
SBR Hall of Famer
04-15-14
9467
#4
For every guy worried about taxes there’s 10 who are late on the mortgage after going all in on the Patriots. Vegas laughs for the 61st time in a row.
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Rich Boy
SBR Hall of Famer
02-01-09
9714
#5
Books not in the business of losing
If a book charges -110 on sides that means they are getting +110 on all bets.
How in the world can they lose with those kinds of edges
Even reduced juice is like stealing at +105
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jjgold
SBR Aristocracy
07-20-05
388179
#6
all the proof you need betting sports is basically impossible
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Rich Boy
SBR Hall of Famer
02-01-09
9714
#7
Originally posted by jjgold
all the proof you need betting sports is basically impossible
It has become that way, thats why I have transitioned to stocks, much better opportunities
Years ago sports were great, edges everywhere, then all the math guys came in and forced books to become sharper and more efficient
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jtoler
BARRELED IN @ SBR!
12-17-13
30967
#8
more lies when have they ever had a losing month
Comment
jjgold
SBR Aristocracy
07-20-05
388179
#9
The lines are too tight
Technology killed the sports bettor
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yahoonino
SBR MVP
08-10-07
2651
#10
betting baseball are impossible to win,,,the spread kill you on basket and football
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Plaza23
SBR Hall of Famer
12-29-13
7392
#11
How could you ever lose when you get the Vig on every bet?
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darrell74
SBR Posting Legend
04-16-07
14648
#12
Originally posted by A Quant
I am shocked by that.
Every sports gambler I know is always worried about paying taxes on all their winnings.
Good news. Thanks
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darrell74
SBR Posting Legend
04-16-07
14648
#13
Interested in what happened 61 months ago for the loss.
We know they lost when the Giants upset the undefeated Patriots
They almost got hurt in June when the Golden Knights almost cashed on 500-1 Stanley Cup championship tickets.
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lonnie55
SBR MVP
04-08-16
2689
#14
Originally posted by jjgold
all the proof you need betting sports is basically impossible
No, it only proves that the amount of stupid money is larger than the amount of smart money.
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stevenash
Moderator
01-17-11
65649
#15
Originally posted by Rich Boy
Years ago sports were great, edges everywhere, then all the math guys came in and forced books to become sharper and more efficient
Yep, I'm a math guy.
Today there is so much data out there to access that you couldn't get to 10-20 years ago.
I have to spend at least 2 hours a day in databases just to get an edge in baseball.
It's reported that 1 in 10 sports bettors turn a profit betting the games long term.
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ans61201
SBR MVP
10-11-15
3661
#16
Originally posted by jjgold
all the proof you need betting sports is basically impossible
Math. More than one guy bets. Palm to face again.
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Louisvillekid1
SBR Aristocracy
10-17-07
52143
#17
It's difficult to win for sure
Just gotta have "IT"
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jjgold
SBR Aristocracy
07-20-05
388179
#18
It’s hard when every shop has the same lines they all smartened up
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jtoler
BARRELED IN @ SBR!
12-17-13
30967
#19
Typo 61 years sound more like it
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Shute
SBR Posting Legend
03-20-17
11835
#20
Doesn’t make sense
Must be a lot of squares out there
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jjgold
SBR Aristocracy
07-20-05
388179
#21
I wonder what the figure is offshore?
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Kermit
BARRELED IN @ SBR!
09-27-10
32555
#22
Originally posted by jtoler
Typo 61 years sound more like it
Yeah, really. They're not in business to lose money.
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PharaohUB
SBR MVP
01-23-07
4865
#23
Originally posted by Rich Boy
It has become that way, thats why I have transitioned to stocks, much better opportunities
Years ago sports were great, edges everywhere, then all the math guys came in and forced books to become sharper and more efficient
Their lines may have become sharper, but our access to information, replays has also gotten better. I can watch pretty much any tennis match in the world year round from Challenger level to grand slam and get a feel for certain players. That wasn't possible 10 years ago. Technology gives some edges back to bettor too. I think there are still angles to find, you might just need to adjust your approach and use what's available to you.
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lonegambler23
SBR Hall of Famer
06-22-16
9760
#24
i use 5dimes and bovada, just signed up with a local to see how is lines are. laughable. all euro ball lines are 20 cent lines, doesent even offer huge mls for underdogs. most us sports are 10 cent lines thats just awful time to cut ties. reduced forever
Comment
Optional
Administrator
06-10-10
61702
#25
Originally posted by darrell74
Interested in what happened 61 months ago for the loss.
August 2013
Bettors killed pre-season football or the end of MLB reg season?
.
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lakerboy
SBR Aristocracy
04-02-09
94379
#26
It's just for fun. Only bookies win
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stevenash
Moderator
01-17-11
65649
#27
Originally posted by Optional
August 2013
Bettors killed pre-season football or the end of MLB reg season?
2013 Tampa Rays were the money team.
They went 18-2 in in the middle of July, then finished the year going 10-2
Won the Wild Card game (upset the Indians), got knocked out by the World Series winner that year Boston Red Sox.
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KVB
SBR Aristocracy
05-29-14
74817
#28
Originally posted by PharaohUB
Their lines may have become sharper, but our access to information, replays has also gotten better. I can watch pretty much any tennis match in the world year round from Challenger level to grand slam and get a feel for certain players. That wasn't possible 10 years ago. Technology gives some edges back to bettor too. I think there are still angles to find, you might just need to adjust your approach and use what's available to you.