Do your family members look down on you if they know you make living from betting?

[mathdotcom]

Fishhead?
jjgold?
Nicky?

If you tell your family you are a stock trader and look for opportunities etc. etc., they will talk about how interesting that must be, and what a fast-paced environment, etc.

If you do the exact same thing with sports betting, how do they react? Some of my family laughs and does not care, asks me who I like this Sunday etc., while others are apprehensive and think sports betting is wrong, ruins families, blah blah. Pretty ridiculous if you ask me. No one looks down on bartenders or liquor store clerks who are 'ruining' at least as many lives.

Or do you just lie and say you coach base pads for a living?

[dwaechte]

If I were to ever do this professionally, I think the best option would be to just say youre a day trader.

[Nicky Santoro]

7 yrs ago, i made a big mistake that i would regret the rest of my life.. and that was when i was asked at a wedding by an uncle what i did for a living.. and when i told him i gamble, that was the end.. the word travelled fast and now the whole family think i am this degenerate gambler who doesn't want to work.. they keep telling me, why don't you get a real job. i'd say it's a real job uncle george..

meanwhile, my cousin Ronald plays the stocks.. he had 23 cousins all around him looking up to him like he was a movie star asking him for his tips.. ronald doesn't have a pot to piss in. he lost it all in the stocks, but the family respects him cause he's a stock player, not a gambler..

meanwhile, trading and stocks is tougher to beat than sports and they are just as sick as us, if not sicker. it is the same shit... but a diff name.


and forget my mom. she keeps telling me to get a job, and i say mom, i prefer to gamble. she says.. don't tell me.. i don't want to hear about it.. you are lazy.. be a man and get a real job, don't stay home.. and gambling is bad.. they all lose at the end.. stop gambling and work.. you will lose all your money.. get a job..

she absolutely hates my gambling..

[ijustwant2bpaid]

i heard jj's mom in one video, she seems like she will love him no matter what he does, seemed like a very nce lady indeed..

[mathdotcom]

7 yrs ago, i made a big mistake that i would regret the rest of my life.. and that was when i was asked at a wedding by an uncle what i did for a living.. and when i told him i gamble, that was the end.. the word travelled fast and now the whole family think i am this degenerate gambler who doesn't want to work.. they keep telling me, why don't you get a real job. i'd say it's a real job uncle george..

meanwhile, my cousin Ronald plays the stocks.. he had 23 cousins all around him looking up to him like he was a movie star asking him for his tips.. ronald doesn't have a pot to piss in. he lost it all in the stocks, but the family respects him cause he's a stock player, not a gambler..

meanwhile, trading and stocks is tougher to beat than sports and they are just as sick as us, if not sicker. it is the same shit... but a diff name.


and forget my mom. she keeps telling me to get a job, and i say mom, i prefer to gamble. she says.. don't tell me.. i don't want to hear about it.. you are lazy.. be a man and get a real job, don't stay home.. and gambling is bad.. they all lose at the end.. stop gambling and work.. you will lose all your money.. get a job..

she absolutely hates my gambling..

Unreal how accurate this post is. Why is stock trading glorified? Maybe because you are trading pieces of companies as opposed to trading opinions on a sporting event. Except stock traders are really trading opinions on interest rates, exchange rates, expectations about firms, etc. It is exactly the same.

You have to be nuts trying to make money trading stocks by yourself. You are up against ridiculously huge syndicates who can seriously affect the 'game'. Gambling on sports might be even harder if the umpires and players were all betting as well. I will stick to sports.

Don't any of them wonder how you've managed to do well for yourself over a decade despite all gamblers losing in the end?

[CashMoney]

If you make your living from betting..........YES. If you have a job and betting is supplemental income then.........NO

[Nickelicious]

If you make your living from betting..........YES. If you have a job and betting is supplemental income then.........NO

As a full-time employee with a nice salary and great benefits who IS supplementing my income, I still get a bunch of shit from the family and some of the friends I have. Funny thing is, I don't give a crap. When my kids grow up, I'll teach them how to supplement their income through gambling. IF THEY DO IT RIGHT. It's working for me.

Luckily, I never give a crap about other people's opinions, unless they have earned my respect by communicating through a relationship (which can be earned online in a forum, I might add).

Hope to retire in Vegas in a decade and be done with the raised eyebrows.

[CashMoney]

As a full-time employee with a nice salary and great benefits who IS supplementing my income, I still get a bunch of shit from the family and some of the friends I have. Funny thing is, I don't give a crap. When my kids grow up, I'll teach them how to supplement their income through gambling. IF THEY DO IT RIGHT. It's working for me.

Luckily, I never give a crap about other people's opinions, unless they have earned my respect by communicating through a relationship (which can be earned online in a forum, I might add).

Hope to retire in Vegas in a decade and be done with the raised eyebrows.

Dude, you're going to teach you kids how to gamble? What kind of parent are you How about making sure they don't have to do the same shit you're dong to get by???

[ijustwant2bpaid]

we should ask Broke Lenders this question, by the way, where has that fat fukk been?

[BillAccpetor]

Best of both worlds...

"Serious" Job for your bankroll

"Unserious" Job for your living

...

I don't get it why stock trading is so much famed. In my opinion it is the most criminalised industry besides the oil industry. If you really want to be successful you have to destroy companies... How bad is this?

Personal I enjoy more to see the Sox beating the Nationals by -1.5...

[Sawyer]

Never tell your family that you're making a living by sports betting. Tell them that you're working as an Oddsmaker in a sportsbook (if you're living outside US) or tell them that you're a Trader.

I don't consider myself as Pro right now since I have a fulltime job but I'm thinking about dumping my job in 2010 and making sports betting my primary income source.

People have prejudices. People think gamblers are losers. They think books always win and it's not possible to win in betting. Of course, they don't know that there are people that making living by Betfair. You can be a Sports Stock Trader or Betfair Trader too. Here's a list of job titles that will make people say "Wow!"

American Sports Expert
Betfair Trader
Day Trader
Forex Trader (even if you don't know what Forex is)
Professional Handicapper (not professional gambler)
In-play Market Manager (in a sportsbook/exchange)

People think sports bettors are lazy. However, professionals I know are very hard-working people. Hey, we're even working in weekend! We have duty in Christmas. There's no summer vacation, thanks to baseball. I like sports betting..

[Robust]

i don't make a living at it.. FAAAAAAAARR from it.. lol

but when I win, my family Rejoices (note: not married.. brother, sis, mom and dad).. when i lose, they say no prob.. just don't lose too much..

hence the $5 bets with crazy 8-10 pick parlays.. hit one and we rejoice!!

Robust

[jjgold]

98.9% do not make a living betting sports so must of us do not have to deal with this question.

Nicky is right, stock trading is glorified way more than sports betting. A sports bettor is looked down on being involved with organized crime whereas stock trading is associated with shrimp, red herring and cocktails.

[Dark Horse]

When the question comes up in social context just say you invest a little. People will automatically assume you're talking about stocks. Be vague and just bored enough (with the idea of discussing work) to prevent further questions.

[mathdotcom]

Love the guy who said he will teach kids how to gamble

[rake922]

if you make 50grand via wall street you're a genius

If you make 50grand via sports books you're a degenerate gambler

[Karayilan9]

The public in general is ignorant about "Sports traders" they think its easy and that anybody could do it, to the average square all its about is spending 10 mins reading up on the up and coming sports games and choosing the right side... sounds so easy, then these squares start betting and wondering why its all going wrong, before they know it they're broke and angry.

Sports trading should not be underestimated or taken lightly, you can make it big but just like nearly every business you have your 90% who struggle, are at the bottom of the pile or make an adequate amount, that 5% doing very well and that elite 5% pulling the strings and milking it.

[ACoochy]

Never tell your family that you're making a living by sports betting. Tell them that you're working as an Oddsmaker in a sportsbook (if you're living outside US) or tell them that you're a Trader.

I don't consider myself as Pro right now since I have a fulltime job but I'm thinking about dumping my job in 2010 and making sports betting my primary income source.

People have prejudices. People think gamblers are losers. They think books always win and it's not possible to win in betting. Of course, they don't know that there are people that making living by Betfair. You can be a Sports Stock Trader or Betfair Trader too. Here's a list of job titles that will make people say "Wow!"

American Sports Expert
Betfair Trader
Day Trader
Forex Trader (even if you don't know what Forex is)
Professional Handicapper (not professional gambler)
In-play Market Manager (in a sportsbook/exchange)

People think sports bettors are lazy. However, professionals I know are very hard-working people. Hey, we're even working in weekend! We have duty in Christmas. There's no summer vacation, thanks to baseball. I like sports betting..

Spot on the money there sawyer!! Before informing anybody as to what i do i first look at their perspective attributes and decide from there whether its worth my time to hear their perspective rationale/emotion based feedback.

Studying duel university degrees the pressure from my family and friends to get a 'real' job can at times be immense. I argue that from a moral viewpoint im doing this for the 'greater good' as the utilitarian in me will never bow down and accept things as the way they are. Hey, when my government introduces a fairer tax system whereby those (the more than 1 billion people who now dont have enough to even feed themselves) that don't have a voice are given a chance too (through the relaxing of such things as free trade agreements etc etc) then id be more than willing to do the 9-5 thing and give back to my society in that manner, but until that ever happens then statistics and the psychology of sport are my domains and i will use them to my full potential in this field of investing.

Btw my other 'job' is as a volunteer feeding and cooking for homeless people. Needless to say the highs of making more $$ per hour then anyone you know compared to seeing 'real' people ensures that egos are kept in check and humility is the recipe of the day
I bite my tongue so hard when i have friends informing me that they earn $25+p/h, whereas on the inside im saying that on a $ per hour basis id earn that in less than 3mins lol and that inside this overwhelming desire exists to want to see others do as well as i, but its not like one can simply blurt these things out, without some form of emotional response being thrown back to you anyway. Mark Twain certainly did say it best:

"Keep away from people who try to belittle your ambitions. Small people always do that, but the really great people make you feel that you, too can become great"

Anyway thankyou for allowing me to 'vent' in this atmosphere Always enlightening to chat with likeminded people.

[Sam Odom]

99% of posters who actually make their living in sports betting dont gamble.

[TurkzZ]

its no diff to stocks etc, manage the funds and investments well and your make some profit

[StraitShooter]

If you do well..they can know..I`d say 95% of guys are better off not letting their kin know they gamble

[InTheHole]

7 yrs ago, i made a big mistake that i would regret the rest of my life.. and that was when i was asked at a wedding by an uncle what i did for a living.. and when i told him i gamble, that was the end.. the word travelled fast and now the whole family think i am this degenerate gambler who doesn't want to work.. they keep telling me, why don't you get a real job. i'd say it's a real job uncle george..

meanwhile, my cousin Ronald plays the stocks.. he had 23 cousins all around him looking up to him like he was a movie star asking him for his tips.. ronald doesn't have a pot to piss in. he lost it all in the stocks, but the family respects him cause he's a stock player, not a gambler..

meanwhile, trading and stocks is tougher to beat than sports and they are just as sick as us, if not sicker. it is the same shit... but a diff name.


and forget my mom. she keeps telling me to get a job, and i say mom, i prefer to gamble. she says.. don't tell me.. i don't want to hear about it.. you are lazy.. be a man and get a real job, don't stay home.. and gambling is bad.. they all lose at the end.. stop gambling and work.. you will lose all your money.. get a job..

she absolutely hates my gambling..

Gambling is hard work. Excellent post Mr. Santoro

[InTheHole]

Never tell your family that you're making a living by sports betting. Tell them that you're working as an Oddsmaker in a sportsbook (if you're living outside US) or tell them that you're a Trader.

I don't consider myself as Pro right now since I have a fulltime job but I'm thinking about dumping my job in 2010 and making sports betting my primary income source.

People have prejudices. People think gamblers are losers. They think books always win and it's not possible to win in betting. Of course, they don't know that there are people that making living by Betfair. You can be a Sports Stock Trader or Betfair Trader too. Here's a list of job titles that will make people say "Wow!"

American Sports Expert
Betfair Trader
Day Trader
Forex Trader (even if you don't know what Forex is)
Professional Handicapper (not professional gambler)
In-play Market Manager (in a sportsbook/exchange)

People think sports bettors are lazy. However, professionals I know are very hard-working people. Hey, we're even working in weekend! We have duty in Christmas. There's no summer vacation, thanks to baseball. I like sports betting..

Market Maker