Is it possible to make 100k a year betting on sports?

[Jordan23]

Thoughts............

[illfuuptn]

Is it possible to win? Yes. That pretty much answers your question.

[Jordan23]

Is it possible to win? Yes. That pretty much answers your question.

I wonder how many people actually do it consistently. I bet it's rare.

[jcubs55]

Of course it's possible. What isn't possible?

[BettingGeek]

again, what kind of bank roll you're talking 'bout?

Warren Buffet's bank roll ---> piece of cake
my bank roll ---> lol, nope

[shawnkang]

anything is possible!!! *kevin garnett voice*

[Mikail]

Very possible. Most importantly is adequate bankroll.

[Jordan23]

again, what kind of bank roll you're talking 'bout? Warren Buffet's bank roll ---> piece of cake my bank roll ---> lol, nope

Lets say for the sake of arguing a 20k bankroll.

[King Mayan]

Lets say for the sake of arguing a 20k bankroll.

Fukk yeah it's possible... Can you turn 20 bucks into 100??

[Mikail]

Lets say for the sake of arguing a 20k bankroll.

I could turn 20k into 100k in less than a week.

[Jordan23]

I could turn 20k into 100k in less than a week.

But could you do it consistently from year to year?

[Le_Donk]

easy doable if you have the prober bankroll

[maersksealand]

Lets say for the sake of arguing a 20k bankroll.

in my opinion with a 20k bankroll and patience is very possible, but I don't like the remark "is like turning $20 into 100"...nobody has a problem going all in with $20 or $70 knowing they will reload if they lose...while I don't see many having the balls to parlay $20.000...so there's a big mental difference when you wager peanuts money or SBR points versus a life changing amount.

the key will be patience, wait for the "sure games", the ones like even when you lose you can say you did the right thing, don't bet hoping to win, bet knowing you will win.

[YorkHunt]

I need to borrow money from my Mommy. I will answer your question a year from now!

[treece]

anything is possible. you just need a big bankroll.

[SportsMushroom]

anyone can make money from gambling, the reason most dont is psychological

if you have the mental composure you can make a lot of money

[madmiek]

I wonder how many people actually do it consistently. I bet it's rare.

This question has been asked by many people before including me. It is possible and like someone in here said Anything is possible, its just difficult if you dont have the money to invest and if you are not smart when you place your wagers. Key word you mentioned is RARE and their are people who probably make more than 100k,but the only problem with any investment plan is you need money to make money. So if you have a ton of money saved up, with good money management you could be set. A lot of us dont have much to start with, so we start maybe with $500 or some even less. Some of us have bills to pay so its never good to lose more than what you can afford. on the other hand you have people who are already rich and they can afford to place 500-1k per wager. These are the kind of people that if they use proper money management and good picks they can probably make that or even more. Imagine if you could afford your unit to be 1k, that would mean that if you followed a good poster in here that made 100+ units then you would be up 100k or more.

[Jordan23]

This question has been asked by many people before including me. It is possible and like someone in here said Anything is possible, its just difficult if you dont have the money to invest and if you are not smart when you place your wagers. Key word you mentioned is RARE and their are people who probably make more than 100k,but the only problem with any investment plan is you need money to make money. So if you have a ton of money saved up, with good money management you could be set. A lot of us dont have much to start with, so we start maybe with $500 or some even less. Some of us have bills to pay so its never good to lose more than what you can afford. on the other hand you have people who are already rich and they can afford to place 500-1k per wager. These are the kind of people that if they use proper money management and good picks they can probably make that or even more. Imagine if you could afford your unit to be 1k, that would mean that if you followed a good poster in here that made 100+ units then you would be up 100k or more.

Very good point. I agree.

[nyed1010]

good bankroll management + a significant bankroll + and of course you have to pick winners = more than possible to make good $ and I'm sure many more people than you would think do make that kind of $ betting sports. Most of us losers have one or maybe even two of these components, while even a higher percentage of us have none of these components and can't even fathom people even making a few dimes betting sports(let alone 100k), hence the repeat threads that ask this exact question.

[JMobile]

It's possible with the help of money management.
Bet big to go big.
And it also helps if you have the Almanac from Back to the Future.

[Smoke]

i could turn 5K into 100K in 2-3 weeks if i'm having a good run

[Resler]

I turned 300 into 5,200 in less than a year. Then lost 2,600 on colts/Titans game (poor money management). Like everyone else said, it just depends on your starting bankroll and how much you can risk per unit.

[chilidog]

You're looking at close to $300 a day profit to hit 100k for the year. Can you consistently make even $100/day betting?

[Skidcom]

Sure, if I started with 200K

[d2bets]

Yes.

[eidolon]

20k; make 3000 bets; 550 dollars a bet to win 500 (-110 lines).
you would have have to hit around 56% every year

[Hoja Verdes]

Very possible. Most importantly is adequate bankroll.

True...but, much harder these days given how hard it is to fund your various accts. It was easier before 2006, its a whole new ballgame now. Locals are key these days, offshore is a much smaller piece of the puzzle.

[urge2kill]

I doubt there's more than a handful of people who could turn 20k into 100k year after year.

[k13]

< 1%

[scarp]

have to have the money to start with first

[stillmitch]

I could turn 20k into 100k in less than a week.

Then you could equally turn $100 into a million in less than 6 weeks. I'm impressed.

[OmgUrMom]

you need to probably sustain at least a 50k if not 100k or more bankroll to do this without much risk of ruin

[pavyracer]

It is possible. Bet 100K on the Falcons today.

[stealthyburrito]

anything is possible!!! *kevin garnett voice*

i dunno why, but i LOLed really hard when i read this.

[WileOut]

I haven't read the other responses but I know for a fact some people make millions betting on sports a year. So the answer is yes, but you have to know statistics up and down, and know what the critical factors are to plug into the equations.