Is it possible to make $100k per year in sports betting?
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10-17-16 06:55 PM #1
$100k per year in sports betting
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10-17-16 06:57 PM #2
No
easy to lose 100,000 though
99% lose
Only winners are guys that take both sides to a game small profit and spot players
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10-17-16 06:57 PM #3
yes....only problem is that it will cost you $200k.
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10-17-16 06:58 PM #4
Originally Posted by bhoor
Probably not, but you can lose that much easily. Wait there is one way that might work. Bet one game, 20,000 times, do you know what that means? I am not being smart here, that is a term used in the NE part of the US. Equivalent to 100,000 dollars. So bet one game, win and walk away. Then it is possible.
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10-17-16 07:00 PM #5
You'd have to be moving about $1mil or more in total bets. Originally Posted by bhoor
If I bet $50k in a season, a good season is profiting $5k.
High volume players limit variance.
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10-17-16 07:00 PM #6
If all your bets are "value" and you bet like a robot..yes
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10-17-16 07:01 PM #7
Possible, yes
Lot of factors to consider
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10-17-16 07:02 PM #8
Originally Posted by jjgold
JJ, you are more than correct my friend. Probably closer to 99.9%. As I have mentioned numerous times I have been around gamblers for decades and have witnessed no winners in the long run. None. So no, if you are an average player you will lose. Does that mean you will lose very year, no it does not. But before the fat lady sings you will be a loser. Long time players know this.
However, I often get arguments about this. People come on and say I win all the time, but when I ask them to display there plays for everybody to see, well then they have a thousand different excuses. How many guys did we see through the years JJ that say they can hit at 60% or higher. My god it must be in the dozens, all failed. Remember? jokesters!
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10-17-16 07:03 PM #9
I'm tired of my 9-to-5 job, becoming cubicle slave, yes, it's a good government job paying about $90k with pension and other benefits. It's hard to enjoy the quality time with my kid and family. And I'm taking small steps to become FT sports better, maybe, another 3 years. Thanks for your opinion guys!
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10-17-16 07:06 PM #10
It is actually easier at the beginning you will get more bonuses and comps on bets but if you win the bonuses will be gone, also lines get slightly more accurate every year.
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10-17-16 07:06 PM #11
Keep your job!!!!!!! Originally Posted by bhoor
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10-17-16 07:09 PM #12
wow...horrible choice to quit your job. $90k with benefits and pension equates to probably $130 to 150K in everyday cash. wait until you have to pay for healthcare and all the other benefits you lose in the long run. especially if you are anywhere close to having a pension. Originally Posted by bhoor
also don't forget about your raises in the long run. DON'T DO IT!
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10-17-16 07:13 PM #13
Bet $1000 a game (-110 line) for 2000 bets for the year, and hit at 55%, and you got yourself $100,000 for the year.
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10-17-16 07:14 PM #14
I'm giving myself 3 years time, doing my homework. Originally Posted by mpaschal34
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10-17-16 07:15 PM #15
That's interesting. Originally Posted by eidolon
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10-17-16 07:19 PM #16
And nearly impossible. Don't do it. Originally Posted by bhoor
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10-17-16 07:41 PM #17
I got a guy who has Costa Rica and New York connections and has sources at games inside info
if u want hell he will even pick you up at the airport in a stretch limo
Points Awarded:
KVB gave pilebuck13 1 Betpoint(s) for this post.
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10-17-16 07:43 PM #18
Originally Posted by bhoor
you can give yourself 300 years and you won't do it my friend. don't be stupid, you have a good job, a good pension stay in your hole. take it from somebody that knows, nobody wins,
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10-17-16 07:46 PM #19
Whenever I get time, I analyze the data from the previous years. And I'm building a good model. From the past few years of lines, I found out certain games hit 8 out of 10 times. I was only to find out last week. Originally Posted by Darkside Magick
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10-17-16 07:48 PM #20
Originally Posted by eidolon
That's too many wagers ... Better off spot betting $2,500 a game 220 times & hitting 60%. (-110) At the end of the day you have to pick winners. I make 10 bets a month ranging from 1-5k & I throw in 100 dollar parlays from time to time. Up 45k in 7 months.Points Awarded:
Hu$tle gave BeatTheJerk 1 Betpoint(s) for this post.
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10-17-16 07:52 PM #21
keep your job, you will need it betting sports
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10-17-16 07:53 PM #22
Don't matter if you put up 220 bets...2000.bets.....50000 bets.....as long as you got value then bet it
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10-17-16 07:55 PM #23
how to put this. Originally Posted by bhoor
KEEP your DAMN JOB
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10-17-16 07:55 PM #24
Why are ur sites so low.
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10-17-16 07:56 PM #25
OK you SERIOUSLY need to KEep your job! Originally Posted by bhoor
Whenever I get time, I analyze the data from the previous years. And I'm building a good model. From the past few years of lines, I found out certain games hit 8 out of 10 times. I was only to find out last week.
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10-17-16 07:58 PM #26
keep the job man, wont win money long term.
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10-17-16 07:59 PM #27
The model I found out from previous lines I applied on the last BTP contest. Oh well, I'm going to apply this model rest of the BTP. Lets see how it goes.
Cheers!
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10-17-16 08:01 PM #28
Ive made well over 100k each of the past 5 years
Points Awarded:
Hu$tle gave Rich Boy 1 Betpoint(s) for this post.
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10-17-16 08:01 PM #29
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10-17-16 08:13 PM #30
You need to pick your spots I guess. Originally Posted by Rich Boy
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10-17-16 08:15 PM #31
Sure it is but outside of the normal issues like hitting the right plays and not going crazy on a losing streak and such, you have to worry about limits, books not taking your action, getting your money safely, etc
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10-17-16 08:17 PM #32
move to vegas, lets us know how it goes in 5 yrs
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10-17-16 08:18 PM #33
It's impossible because of -110
Nomination(s):This post was nominated 1 time . To view the nominated thread please click here. People who nominated: mpaschal34
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10-17-16 08:18 PM #34
He will swallowed up in the porn industry Originally Posted by Underdog5229
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10-17-16 08:20 PM #35
very true.
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