Professional status

[ATC727]

If you make consistently $400-$900 a month on let’s say the top sites like bovada , 5D...etc is that considered pro? So do u think they would lower the limits for this kind of player? What do u guys think?

[shocka1212]

no.. would have to win 10k+ a month

[MikeTizzy]

10k a month is the goal which is an excellent living and career

[rm18]

10k a month is the goal which is an excellent living and career

But if you play on 20 sites 400-900 a month is 10k

[pretentiousGuy]

That is puny. Unlikely to get limited, almost certainly not if you're betting medium/large markets.

"Pro" status is if you make a good living on it (not barely scraping by, so you can handle variance). Any other definition seems arbitrary.

[Optional]

To books it's more about if you are betting so sharp they don't see a way to beat you long term.

It's a lot less amount the amount the dollars you have made than how you made them.

As long as you have enough bets on -EV lines mixed in there the larger offshores will tolerate you winning.

[ATC727]

Wow U guys make close to 10k a month ? That’s amazing and I’m sure is a comfortable career. Congratulations man keep it up send me your secrets !

[KVB]

To books it's more about if you are betting so sharp they don't see a way to beat you long term.

It's a lot less amount the amount the dollars you have made than how you made them.

As long as you have enough bets on -EV lines mixed in there the larger offshores will tolerate you winning.

I think this is more true than not.

Anymore, they want to know who's consistently beating the market.

It's a problem for some players.

But it's not a problem at every book.

[jjgold]

no such thing as a pro gambler

kid there is no definition

8th grade math skills is all it takes to get banned at books

[brooks85]

10k a month is the goal which is an excellent living and career

if you aim really low I suppose


also, no book is going to let you make a "career" off their back. I can speak from experience. You start making anywhere near 10k a month think they are going to let that go on for years?

not a chance

[KVB]

no such thing as a pro gambler

kid there is no definition...

The IRS defines a pro gambler as someone who makes most of the their income from gambling and reports it as such.

That's the only definition I know of.

[xKMACKx]

If your main income comes from betting then you would be considered a professional. There is no monetary amount to judge it by.

[ATC727]

No but 500 a month consistently for 6-12 months, will thisbget you limited extremely ?

[5mike5]

If your main income comes from betting then you would be considered a professional. There is no monetary amount to judge it by.

This

[ATC727]

Yeah but only I would know if 500 a month is my living income. Form anyone’s experience.. 500-1000 a month/ will a book ban you/limit you or close your account ?

[ans61201]

if you aim really low I suppose


also, no book is going to let you make a "career" off their back. I can speak from experience. You start making anywhere near 10k a month think they are going to let that go on for years?

not a chance

Anyone that successful or close to that successful who didn’t mix their action across several books was dumb enough to let themselves get banned/limited

[ans61201]

The IRS defines a pro gambler as someone who makes most of the their income from gambling and reports it as such.

That's the only definition I know of.

JJ clueless on the topic don’t worry lol

[Cuse0323]

Yeah but only I would know if 500 a month is my living income. Form anyone’s experience.. 500-1000 a month/ will a book ban you/limit you or close your account ?

Like Optional said, it’s about how you made it. If you’re winning by hammering weak lines, etc. then maybe they would.

[MikeTizzy]

Anyone that successful or close to that successful who didn’t mix their action across several books was dumb enough to let themselves get banned/limited

This is it, u got it Ans. Also it's all about multiple avenues of income. Locals, offshores, even peer2peer with no juice works too.

Also no, 500 is too low per month for book to get banned.

[MikeTizzy]

Also top sites are BookMaker and Pinnacle, heritage is solid but prolly not as big as Penny and BM. Then I would said it's avocado and 5dimes after those 3

[scrambles]

If you make consistently $400-$900 a month on let’s say the top sites like bovada , 5D...etc is that considered pro? So do u think they would lower the limits for this kind of player? What do u guys think?

From what I've gathered people don't seem to consider you a rec player unless you lost your kids university fund on props.
so congrats bro you are a pro, your plaque is in the mail.

[lonnie55]

Yeah but only I would know if 500 a month is my living income. Form anyone’s experience.. 500-1000 a month/ will a book ban you/limit you or close your account ?

Depends on
- the book
- the markets
- your betting behaviour/methods.

Some books will never limit you personally, most books will limit you after hitting one line off. Go and find out.

[Barrakuda]

Over/under on number of SBR posters who bet every day and have averaged > +$1k/month for the last 5 years:

8.5

[Alfa1234]

Yeah but only I would know if 500 a month is my living income. Form anyone’s experience.. 500-1000 a month/ will a book ban you/limit you or close your account ?

You could be losing 2k/month and get banned at some books. Optional already gave you the answer. It's not how much you win, it's which lines you consistantly bet. Basically if you are constantly betting lines that are about to drop (steam chasing) or "wrong" lines where the market has dropped an odd from say +250 to +180 and your book is still at +250, you will be limited/banned quickly. They don't really care if you win a lot of money every month by betting the NFL a few minutes before the game starts.

[reigle9]

Over/under on number of SBR posters who bet every day and have averaged > +$1k/month for the last 5 years:

8.5

Hard 0

[5mike5]

Over/under on number of SBR posters who bet every day and have averaged > +$1k/month for the last 5 years:

8.5

1. Gamling daily on any and every sport knocks out any chance at making money every month. Those 2 things dont go together

[jjgold]

anyone making consistent profits is an arber that is all

[lonnie55]

anyone making consistent profits is an arber that is all

Wrong.

[RudyRuetigger]

if you are smart enough to make $10k/mo at gambling...you are betting off going to a real career with benefits

[danshan11]

I agree its not just arbers but with that said the actually % of long term winners is very small and even smaller number of "skilled" winners if you add in Survivorship bias.
you need a huge number of bets to even think of consistently winning just to overcome variance.
even if someone could get 60% right long term variance could make this person a loser on a few 1000 games, volume has to be super super high to overcome this even if you are truly one of the blessed skilled players who hit at a 57% mark which is what I hear is near the top of the best in the world.
hitting at a 57% pace can still produce a loser if the variance quotas are not met.

[danshan11]

if you are smart enough to make $10k/mo at gambling...you are betting off going to a real career with benefits

I would wildly guess most people that can achieve this level of success long term (1000s of games bet) probably do it on the side and they are probably doing a bunch of advanced work in other similar areas as well.

I think you are probably right Rudy when you say they should do something else because if they are this skilled in modeling and other skills the market for employment is probably pretty darn lucrative in other areas and probably pays better and if nothing else more consistently

[lonnie55]

you need a huge number of bets to even think of consistently winning just to overcome variance.

No, you don't. You just have to identify inefficient markets and find enough books that accept your bets.

if you are smart enough to make $10k/mo at gambling...you are betting off going to a real career with benefits

No. Actually nothing special to beat the bookie early market, you don't have to be a genius at all. I can't think of any job that would pay me higher than betting does.

[RudyRuetigger]

No, you don't. You just have to identify inefficient markets and find enough books that accept your bets.


No. Actually nothing special to beat the bookie early market, you don't have to be a genius at all. I can't think of any job that would pay me higher than betting does.

where do you live?

do you have a wife and kids?

[danshan11]

No, you don't. You just have to identify inefficient markets and find enough books that accept your bets.


No. Actually nothing special to beat the bookie early market, you don't have to be a genius at all. I can't think of any job that would pay me higher than betting does.

Lonnie dude, you could be so good at this and crush the line and destroy the closing line and lose your ass in a small sample size, that is fact.

you could pick winners like you had tomorrows paper and if you do it on a small sample size you can get your ass kicked. Overcoming variance with enough bets is darn near a necessity dude.

[lonnie55]

Lonnie dude, you could be so good at this and crush the line and destroy the closing line and lose your ass in a small sample size, that is fact.

you could pick winners like you had tomorrows paper and if you do it on a small sample size you can get your ass kicked. Overcoming variance with enough bets is darn near a necessity dude.

Depends on your edge. I could never think of being profitable long-term on US sports. But, for example, lower level soccer offers so much more opportunities. All you need is patience and good information. Then variance is not a huge factor at all.