Originally posted by wantitall4moi
What's The Average Income of A Sharp Pro Gambler????
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sharlataansSBR MVP
- 08-13-10
- 1927
#176Don't kill our dreams!Comment -
HalifaxSBR Wise Guy
- 08-10-05
- 553
#177What a bunch of baloney.Originally posted by DemonataNo, what matters is the rate. Some Cds I am in pay around 2% monthly and then at the end of the term I get my deposit. Also am in some 3% ones. You have no experience in Cds so please try not to make yourself think you do. Thanks.
Unless you've got CDs issued by the First Bank of Madoff or the People's Bank of HYIP, you aren't getting anywhere close to 2 or 3 percent per month. I doubt that you can even find one that pays 3% per year (certainly not from any reputable FDIC-insured bank).
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WVUSBR Sharp
- 02-01-08
- 417
#1782-3% monthly? LMAO. I think he means annually and I still would bet he wasn't getting thatComment -
DemonataBARRELED IN @ SBR!
- 07-12-11
- 26578
#179The annually doesn't matter as much as the rate... Trust me I know what I am talking about. If it's something I don't know much about I admit it such as good soccer strategies or baseball strategies. I know about Cds and betting on tennis mainly.Originally posted by sharpcatWhy would you want to put $50K in a CD with a 2.5% return annually when you could take that $50K and wager it 100 times over a year with an expected return of even just 1%?
2.5% of $50k= $1,250
1% of $50k X 100= $50,000
Too many people who do not know squat about gambling professionally or finances commenting in this thread as is always the case with these types of threads.
98% of those who have contributed to this thread have no more than $2k offshore yet are quick to act like they have a clue
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DemonataBARRELED IN @ SBR!
- 07-12-11
- 26578
#180Discover Bank is a good one I use... It depends on how long the Cd term is.Originally posted by HalifaxWhat a bunch of baloney.
Unless you've got CDs issued by the First Bank of Madoff or the People's Bank of HYIP, you aren't getting anywhere close to 2 or 3 percent per month. I doubt that you can even find one that pays 3% per year (certainly not from any reputable FDIC-insured bank).
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sharpcatRestricted User
- 12-19-09
- 4516
#181You have no clue what you are talking about if you think that locking your money up for 1 year for a 2% return is better than taking that money and reinvesting it over and over throughout the year.Originally posted by DemonataThe annually doesn't matter as much as the rate... Trust me I know what I am talking about. If it's something I don't know much about I admit it such as good soccer strategies or baseball strategies. I know about Cds and betting on tennis mainly.
Many better ways to invest your money in life than to tie it up in a CD with the rates they give you these days.Comment -
Legions36SBR MVP- 12-17-10
- 3032
#182I've been trying to tell him that keeping all his money in cds is chump change compared to what he can make wagering and keeping his $ flowing.Originally posted by sharpcatYou have no clue what you are talking about if you think that locking your money up for 1 year for a 2% return is better than taking that money and reinvesting it over and over throughout the year.
Many better ways to invest your money in life than to tie it up in a CD with the rates they give you these days.Comment -
ScooterSBR MVP
- 01-15-07
- 1159
#183Originally posted by WVU2-3% monthly? LMAO. I think he means annually and I still would bet he wasn't getting that
I think he's stupid enough that he believes that the 2% CD's he's seen ads for means 2%/month, and so he posted that in his imaginary investment posts..
He's never invested in a CD.
"The annually doesn't matter as much as the rate."
He's a fool and definitely a troll - the reincarnation of brahmabull17 who started this thread but was shamed into disappearing after shari exposed him.Comment -
wantitall4moiSBR MVP
- 04-17-10
- 3063
#184I can actually play (post up or credit) at every off shore book around so it doesnt matter if youre in the U.S. or not. Which once again shows how novice many people on these forums are. Because if you cant play at a book because you live in the U.S. then you dont know your business, which is supposedly gambling.Originally posted by Hareeba!Maybe true if you are in the US, but certainly far from the truth if you live in the free world.Comment -
Otters27BARRELED IN @ SBR!
- 07-14-07
- 30761
#185most of them are just getting by. Many ups and downsComment
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