Behind the scenes of the gambling industry

[Booya711]

Behind the scenes…swaggy p is a bitch

[TheMoneyShot]

So this video was made by VICE? Isn't VICE on the verge of bankruptcy? lol How intelligent are they? Could be the President of VICE with a mask on for all we know... just trying to make up a story... or possibly how he lost his ass gambling.

[stevenash]

^
Yeah, VICE has been bleeding money for years now, if they can't sell, and it looks like it's not going to happen, they'll file for bankruptcy.

I personally like some of their programming, like Dark Side of Football, Dark Side of Wrestling, the "Sex Before the Internet" series was informative, all about how the development of the internet crippled the porn industry...

My opinion, I don't know this for a fact, the market is saturated with programming like VICE, there's NICK news, for instance that also targets millennials and the Gen Z's.

I just know what I read and told by people in that industry, I'm not in that business, that's not in my wheelhouse, I'm numbers/tech geek, my brother in law works marketing for Universal Studios, he does that for a living, he's on the inside, he knows mass media.

VICE is under the Disney umbrella, I read last week that ESPN's (Disney again) 538 is pretty much done too.

ESPN sports is bleeding money, what's wrong with Disney? (that's a rhetorical question) all that money and so many failures...

Not just 538, I read where BuzzFeed is pretty much bankrupt too.

Seems to me the market is saturated, and metrics show if you're over 30 years old the more likely you aren't going to tune in to VICE.

[d2bets]

Well let me ask you this,I seen in one of your videos you're talking about building a bankroll from scratch.it's not possible. If it's possible then tell me how? This is a rich man's game.the only way to small guys can win is to pick and choose and hit Futures and rollover bets, cash out and start over and repeat. The books know it, you know it, the Grind long game is for the rich. the quick game is for the poor.

Honestly, you're not completely wrong. Like if you literally only have a few hundred, the time investment to grind just isn't going to be there. Not sure you have to be rich, but I'd want to see a $10,000 minimum beginning investment to feel like the grind can get you somewhere, and then expecting to not withdraw profits for at least a year. Although the way you could be able to start off the grind with less is maximizing the signup bonuses out there. But even with that, you really need some decent funding to max them out.

[KVB]

Well let me ask you this,I seen in one of your videos you're talking about building a bankroll from scratch.it's not possible. If it's possible then tell me how? This is a rich man's game.the only way to small guys can win is to pick and choose and hit Futures and rollover bets, cash out and start over and repeat. The books know it, you know it, the Grind long game is for the rich. the quick game is for the poor.

Nonsense, it's all relative.

You might also recall me suggesting bettors do it to supplement an income as they build. I don't recomment anyone jumping into full time without knowing what they are doing. Learn with small bills or no bills so you can then bet with bigger bills later.

It is wrong to think that the only way small guys win is to pick and choose and hit futures, etc.

Small guys win the same way large guys win.

In fact, it can be easier to win when you are smaller as markets are more liquid. If you're too big, then you run into problems too.

Bankroll size and bet size matter, but not the way you are saying they do.

No matter your bet size or bankroll size you should always try to make the winning bet, rather than the bet that wins.

You don't have to be so big you manipulate the markets to win, so, again, small bettors win the same way large bettors do.

It's up to each individual to determine the value of their time vs what the expect to get paid for it.

If you're just starting out, how can you expect to get paid top dollar for you efforts? Some businesses lose money their first few years even, before turning a profit.

Getting paid less because you are betting less because your bankroll is smaller is not a bad thing. There is a natural progression.

[KVB]

Honestly, you're not completely wrong. Like if you literally only have a few hundred, the time investment to grind just isn't going to be there. Not sure you have to be rich, but I'd want to see a $10,000 minimum beginning investment to feel like the grind can get you somewhere, and then expecting to not withdraw profits for at least a year. Although the way you could be able to start off the grind with less is maximizing the signup bonuses out there. But even with that, you really need some decent funding to max them out.

Again, it's all relative.

[KVB]

Try to understand something.

Small guys win the same way large guys win. This is a fact and it would do everyone in this gawd awful thread well to understand that.

That doesn't mean large guys always win the same way as smaller guys, as a large bankroll does allow for some other types of trading options and freedoms. Of course, with that comes another set of issues, problems, risk management, etc.

But make no mistake, as many ways as there are to skin the cat, many of those who win do the same things, no matter their size.

Smaller bettors who aren't well experienced have a lot to gain by emulating and learning from those who are experienced, and because of that, make bigger bets.

It's all about your expectation, expectation of those expectations, and a personal decision on how much your time is worth. Hopefully, as time goes on, your time is worth more money.

But don't let some idea that only large bettors can win stop a smaller bettor from building a bankroll.

That's just nonsense, and more of an excuse, perhaps to be lazy, than some kind of actionable fact.

[KVB]

Just like the stock market, smaller bettors have an advantage.

If Warren Buffet wants to sell off his shares of Coke, it could take months to get out without crashing the stock price.

At the same time, the vast majority of individual investors could sell all teh Coke they own and not touch the stock price liquidity.

The same can happen for smaller bettors and larger bettors. It takes craftiness for the larger bettor to manuever that type of liquidity to get his position filled, the smaller bettor just makes his trade and gets his position filled.

[KVB]

Honestly, you're not completely wrong. Like if you literally only have a few hundred, the time investment to grind just isn't going to be there. Not sure you have to be rich, but I'd want to see a $10,000 minimum beginning investment to feel like the grind can get you somewhere, and then expecting to not withdraw profits for at least a year. Although the way you could be able to start off the grind with less is maximizing the signup bonuses out there. But even with that, you really need some decent funding to max them out.

That 10k number is specific to you. The time investment to grind is different for everyone and some might realize that grinding for nothing now can lead to the abiltity to grind for more later.

Also, one does not need to max out bonuses to succeed. That's a ridiculous notion. Like I said, having a larger bankroll does allow for some different strategies and freedoms, but it's not necessary to win and can actually be an impediment when it becomes about getting down.

[KVB]

Shit, successful bettors don't even get bonuses anymore.

Yet another advantage to newer bettors, who naturally have less bankrolls.

I don't like the myths in this thread, even some of the best gamblers at SBR seem to be lost on some market truths.

[KVB]

I made a 30 minute video that literally tells you how to get EV out of the market itself trading.

I made a video that tells you, in a timeless an relativistic way, one of the best ways to win at sportsbetting. Has anyone, in the history of youtube, book writing, etc ever done that?

Yet, not one mention of a bankroll and bet size as some kind of prerequisite or requirement to play in that video.

Think about it.

Don't make excuses, people, don't resign yourselves to the SBR myth that nobody wins, everyone knows it's not true. It's also the lazy way out.

Focus on making winning bets and stake appropriately, forget all the other nonsense.

[d2bets]

Again, it's all relative.

Yes and no. Yes it is relative, but it's still has to be worthwhile relative to time investment. So that guy with a $10,000 bankroll can grind and triple that in a year and profit $20,000, spending 200 hours. That's $100 per hour work. OK, not bad. Now the other guy has a $10 bankroll and can grind and triple that in a year and make $20, also spending 200 hours. That's ten cents an hour. Not so good in my book. They both tripled and yeah it's all relative, but nobody's time is worth spending 200 hours to make $20. If you took the time element out then yeah, it's all relative. But in the real world, I don't think you can or should ignore that element.

[Optional]

So that guy with a $10,000 bankroll can grind and triple that in a year and profit $20,000, spending 200 hours. That's $100 per hour work.

That's only 4 hours a week capping. Is that really all you do?

At 40 hours a week that's still only $10/hr

If that guy has 10k and is good enough to triple it, surely he could earn more spending that 40 hours doing some other "job" and still have a good chance of coming out ahead spot betting whilst not turning his enjoyable pass time into a job.

Not saying you two are "wrong" but I do think both of you miss the big picture that there is more than one way to approach sports betting and come out with a satisfying result.

[d2bets]

That's only 4 hours a week capping. Is that really all you do?

At 40 hours a week that's still only $10/hr

If that guy has 10k and is good enough to triple it, surely he could earn more spending that 40 hours doing some other "job" and still have a good chance of coming out ahead spot betting whilst not turning his enjoyable pass time into a job.

Not saying you two are "wrong" but I do think both of you miss the big picture that there is more than one way to approach sports betting and come out with a satisfying result.

Haha well no, I spend a lot more time than that. It was just an example to illustrate that spending time can be worth tripling a bankroll at a certain level but not at another.

So it's all relative, but only to an extent.

Now I suppose if it's true entertainment, then whatever. But at a certain point when you learn how to profit, it starts to turn more into a job/side gig rather than just pure entertainment.

[Nate rasta]

I made a 30 minute video that literally tells you how to get EV out of the market itself trading.

I made a video that tells you, in a timeless an relativistic way, one of the best ways to win at sportsbetting. Has anyone, in the history of youtube, book writing, etc ever done that?

Yet, not one mention of a bankroll and bet size as some kind of prerequisite or requirement to play in that video.

Think about it.

Don't make excuses, people, don't resign yourselves to the SBR myth that nobody wins, everyone knows it's not true. It's also the lazy way out.

Focus on making winning bets and stake appropriately, forget all the other nonsense.

The game is thick.Theres alot of Mackin involved

[veriableodds]

Oh I know who that guy in video wearing a mask was. Back on the day toys-r-us had a betting counter, was near the layaway section ...lol

[Nate rasta]

The guy in the video just talks about money laundering and how books won't losing players and not winning players. That's not anything new or shocking. We've always known that

[Fishhead]

Try to understand something.

Small guys win the same way large guys win. This is a fact and it would do everyone in this gawd awful thread well to understand that.

That doesn't mean large guys always win the same way as smaller guys, as a large bankroll does allow for some other types of trading options and freedoms. Of course, with that comes another set of issues, problems, risk management, etc.

But make no mistake, as many ways as there are to skin the cat, many of those who win do the same things, no matter their size.

Smaller bettors who aren't well experienced have a lot to gain by emulating and learning from those who are experienced, and because of that, make bigger bets.

It's all about your expectation, expectation of those expectations, and a personal decision on how much your time is worth. Hopefully, as time goes on, your time is worth more money.

But don't let some idea that only large bettors can win stop a smaller bettor from building a bankroll.

That's just nonsense, and more of an excuse, perhaps to be lazy, than some kind of actionable fact.

THIS IS PRECISELY SPOT ON!!!!!!!!!!!

Sometimes think posters think make a living last 30+ years only with my good looks.

[Fishhead]

Haha well no, I spend a lot more time than that.

The last time met D2 in Vegas, was at the bar 10 hours, he spent about 1.5 hours there, his brother said he spends most of his time when in Vegas in his room gambling.

[milwaukee mike]

Shit, successful bettors don't even get bonuses anymore.

Yet another advantage to newer bettors, who naturally have less bankrolls.

I don't like the myths in this thread, even some of the best gamblers at SBR seem to be lost on some market truths.

someone can still deposit 1000 at barstool in illinois, get 1000 back (cash with 1x roll) if they lose, and 500 back in a week, win OR lose

so that's just one promo and it's worth at least 800 after juice

same guy can deposit 1000 at bol/bm/etc for a 100% freeplay bonus, now they started with 2k and they're up at least 1300 in a day, and can take advantage of props and other markets that limit winners

[bjb7223]

I was expecting stories of snorting lines off a hooker's ass

[Nate rasta]

I was expecting stories of snorting lines off a hooker's ass

Thats wall st.