How much money on average does an SBR poster lose per year?

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  • raiders72002
    SBR MVP
    • 03-06-07
    • 3368

    #1
    How much money on average does an SBR poster lose per year?
    Throw out the winners like BBD. I'll say $8000.
  • Dark Horse
    SBR Posting Legend
    • 12-14-05
    • 13764

    #2
    No matter how you twist or turn it, winners are determined by where they put their minds most of the time.
    Comment
    • raiders72002
      SBR MVP
      • 03-06-07
      • 3368

      #3
      where they put their minds most of the time.
      What does this mean for a guy like Taco with his head up his ass?
      Comment
      • Zeroed
        SBR High Roller
        • 08-05-07
        • 245

        #4
        will this thread end up in the private zone: Yes -10000
        Comment
        • SBR_John
          SBR Posting Legend
          • 07-12-05
          • 16471

          #5
          Most guys lose. Im sure raiders losses and JJ because they are loose cannons. Guys like Ganch and Mudcat win. There are some great cappers here that are grounded enough to make a profit. The rest of us get up and we bet it all away.
          Comment
          • raiders72002
            SBR MVP
            • 03-06-07
            • 3368

            #6
            Im sure raiders losses and JJ because they are loose cannons.
            I lose about $25k/yr. I'd guess that Coach makes between 50k to 80k/yr.
            Comment
            • SBR_John
              SBR Posting Legend
              • 07-12-05
              • 16471

              #7
              There are very few guys that can both cap and manage money. Without those two elements most will lose 8 out of 10 years.

              Of course the grinders who are grabbing bonuses and hitting slow numbers make a little but their profit is always wiped out because their slow moving book goes under about once a year.
              Comment
              • pico
                BARRELED IN @ SBR!
                • 04-05-07
                • 27321

                #8
                Originally posted by SBR_John
                There are very few guys that can both cap and manage money. Without those two elements most will lose 8 out of 10 years.

                Of course the grinders who are grabbing bonuses and hitting slow numbers make a little but their profit is always wiped out because their slow moving book goes under about once a year.
                that is why arbs don't really work. who can predict which book will go under.
                Comment
                • vanman
                  SBR MVP
                  • 02-08-07
                  • 1163

                  #9
                  So how much do you think arbers make.?
                  Comment
                  • Thremp
                    SBR MVP
                    • 07-23-07
                    • 2067

                    #10
                    Originally posted by SBR_John
                    There are very few guys that can both cap and manage money. Without those two elements most will lose 8 out of 10 years.

                    Of course the grinders who are grabbing bonuses and hitting slow numbers make a little but their profit is always wiped out because their slow moving book goes under about once a year.
                    I'm really shocked that a mod would be this irresponsible.
                    Comment
                    • Zeroed
                      SBR High Roller
                      • 08-05-07
                      • 245

                      #11
                      With the help of a service like linetracker, you can use only A and B books, and catch enough good lines - no need for shit books.
                      All you need is a decent bankroll to spread out your money to the top books.
                      Comment
                      • pico
                        BARRELED IN @ SBR!
                        • 04-05-07
                        • 27321

                        #12
                        Originally posted by vanman
                        So how much do you think arbers make.?
                        less than a real job's wage
                        Comment
                        • vanman
                          SBR MVP
                          • 02-08-07
                          • 1163

                          #13
                          Originally posted by picoman
                          less than a real job's wage
                          So how much is a real jobs wage where you are.
                          Comment
                          • BuddyBear
                            SBR Hall of Famer
                            • 08-10-05
                            • 7233

                            #14
                            A few thousand on average I would think....
                            Comment
                            • Zeroed
                              SBR High Roller
                              • 08-05-07
                              • 245

                              #15
                              Originally posted by vanman
                              So how much do you think arbers make.?
                              Depends on how good you are, there is no easy answer to that..and people who never tried it, like Pico prolly (no offense but its true eh?), don´t know what they are talking about anyway.
                              Comment
                              • pico
                                BARRELED IN @ SBR!
                                • 04-05-07
                                • 27321

                                #16
                                Originally posted by vanman
                                So how much is a real jobs wage where you are.
                                enough to pay for house, car, food, and entertainment
                                Comment
                                • pico
                                  BARRELED IN @ SBR!
                                  • 04-05-07
                                  • 27321

                                  #17
                                  Originally posted by Zeroed
                                  Depends on how good you are, there is no easy answer to that..and people who never tried it, like Pico prolly (no offense but its true eh?), don´t know what they are talking about anyway.
                                  never tried it and never will. way too much work, imo
                                  Comment
                                  • vanman
                                    SBR MVP
                                    • 02-08-07
                                    • 1163

                                    #18
                                    Originally posted by picoman
                                    enough to pay for house, car, food, and entertainment
                                    So put a figure on it then pico and then i`ll tell you if your even close.But i only arb in my spare time.
                                    Comment
                                    • Zeroed
                                      SBR High Roller
                                      • 08-05-07
                                      • 245

                                      #19
                                      Originally posted by picoman
                                      way too much work, imo
                                      See, that among other things is part of "being good at it".
                                      Comment
                                      • pico
                                        BARRELED IN @ SBR!
                                        • 04-05-07
                                        • 27321

                                        #20
                                        Originally posted by vanman
                                        So put a figure on it then pico and then i`ll tell you if your even close.But i only arb in my spare time.
                                        35k per year that is about the medium income for american households
                                        Comment
                                        • vanman
                                          SBR MVP
                                          • 02-08-07
                                          • 1163

                                          #21
                                          Originally posted by Zeroed
                                          Depends on how good you are, there is no easy answer to that..and people who never tried it, like Pico prolly (no offense but its true eh?), don´t know what they are talking about anyway.
                                          I take it you do arbs.
                                          Comment
                                          • vanman
                                            SBR MVP
                                            • 02-08-07
                                            • 1163

                                            #22
                                            Originally posted by picoman
                                            35k per year that is about the medium income for american households
                                            What does that work out to after tax.
                                            Comment
                                            • raiders72002
                                              SBR MVP
                                              • 03-06-07
                                              • 3368

                                              #23
                                              Need to be European to scalp. It's become almost impossible to make good money scalping for US players but at least Matchbook is there.
                                              Comment
                                              • vanman
                                                SBR MVP
                                                • 02-08-07
                                                • 1163

                                                #24
                                                Originally posted by raiders72002
                                                Need to be European to scalp. It's become almost impossible to make good money scalping for US players but at least Matchbook is there.
                                                Totally agree with that.
                                                Comment
                                                • Zeroed
                                                  SBR High Roller
                                                  • 08-05-07
                                                  • 245

                                                  #25
                                                  Originally posted by vanman
                                                  I take it you do arbs.
                                                  Of course, or i wouldn´t comment on it..it is ignorant to judge things that you didn´t try yourself.
                                                  But i also cap and play games the normal way.
                                                  Comment
                                                  • pico
                                                    BARRELED IN @ SBR!
                                                    • 04-05-07
                                                    • 27321

                                                    #26
                                                    Originally posted by vanman
                                                    What does that work out to after tax.
                                                    35k-30%=24.5k
                                                    Comment
                                                    • vanman
                                                      SBR MVP
                                                      • 02-08-07
                                                      • 1163

                                                      #27
                                                      Originally posted by picoman
                                                      35k-30%=24.5k
                                                      That`s about 12k GBP which is a lot less than what i make in my spare time.
                                                      Comment
                                                      • louisvillekid
                                                        SBR Hall of Famer
                                                        • 08-14-07
                                                        • 9268

                                                        #28
                                                        the most i ever lost in a year is maybe 3k, but i usually come out ahead about 1k, i don't play a lot of games, plus i usually only play $100 a game, sometimes only $50. parlays i usually only play $20-25, thats because my local won't let me play more than 4 games and the max he'll pay me if i hit one is only $1000. i only make between $21-24k a year, so theres no way i could lose what some of you do, or say you do. i mainly only play college football and B-ball and pro baseball, but i do play a little of NFL and NBA, a few NASCAR picks, A few UFC picks. i actually did pretty good this year in the AFL and i started hot in WNBA then cooled off.
                                                        Comment
                                                        • pats3peat
                                                          SBR MVP
                                                          • 10-23-05
                                                          • 1163

                                                          #29
                                                          I dont know. We would have to add up all the money gained/lost and divide by the number of people.
                                                          Comment
                                                          • jjgold
                                                            SBR Aristocracy
                                                            • 07-20-05
                                                            • 388208

                                                            #30
                                                            about $800
                                                            Comment
                                                            • LargeMouthBass
                                                              Restricted User
                                                              • 03-18-07
                                                              • 1095

                                                              #31
                                                              Originally posted by jjgold
                                                              about $8,000,000
                                                              Monopoly money?
                                                              Comment
                                                              • tribet
                                                                SBR High Roller
                                                                • 08-12-06
                                                                • 171

                                                                #32
                                                                Originally posted by picoman
                                                                less than a real job's wage
                                                                In my case a the real job would have to be $200,000 then,why do you dismiss arbitrage as hard work for little gain?
                                                                Comment
                                                                • Sledge187
                                                                  SBR MVP
                                                                  • 04-25-08
                                                                  • 3722

                                                                  #33
                                                                  I would say in general most people make money here.
                                                                  Comment
                                                                  • warriorfan707
                                                                    SBR Posting Legend
                                                                    • 03-29-08
                                                                    • 13698

                                                                    #34
                                                                    1427.67$
                                                                    Comment
                                                                    • warriorfan707
                                                                      SBR Posting Legend
                                                                      • 03-29-08
                                                                      • 13698

                                                                      #35
                                                                      Originally posted by Sledge187
                                                                      I would say in general most people make money here.
                                                                      Comment
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