If you earn more than 30% of you income from gambling...

**rm18** · 06-26-08, 09:49 PM

There are a lot, me and everyone in that what do you tell a girl you do thread

**SlickFazzer** · 06-26-08, 09:53 PM

I bet a croaker a game betting MLB, NFL, and NCAAB - if I can be up a grand
at years end i am happy.

Betting full time on sports and earning a good living is a pipe dream.

**Sinister Cat** · 06-26-08, 10:02 PM

Originally posted by SlickFazzer

I bet a croaker a game betting MLB, NFL, and NCAAB - if I can be up a grand
at years end i am happy.

Betting full time on sports and earning a good living is a pipe dream.

pipe dream for you, or in general?

I don't come close to making a living gambling, but I don't doubt that it's possible.

**SlickFazzer** · 06-26-08, 10:06 PM

Originally posted by Sinister Cat

pipe dream for you, or in general?

I don't come close to making a living gambling, but I don't doubt that it's possible.

In general. Less than 5 posters on this board make their living by only betting on sports.

**TeamPlayer** · 06-26-08, 10:07 PM

I think that people who make a lot of money gambling prefer to keep a low profile even if they pay all their taxes and don't break any laws.

In this day of unlimited CIA funding and a U.S. government run by the Neo-Cons and the Religious Right who have no respect for the U.S. Constitution, why would any successful "risk analyst" want to bring attention to themselves?

**SlickFazzer** · 06-26-08, 10:08 PM

Originally posted by TeamPlayer

I think that people who make a lot of money gambling prefer to keep a low profile even if they pay all their taxes and don't break any laws.

In this day of unlimited CIA funding and a U.S. government run by the Neo-Cons and the Religious Right who have no respect for the U.S. Constitution, why would any successful "risk analyst" want to bring attention to themselves?

Absolutely. The people that do make their living betting on sports are not posting at SBRforum.com.

**TeamPlayer** · 06-26-08, 10:09 PM

To be more clear....
the point is that the Bush Administration has already arrested innocent people and held them for long time periods without access to a lawyer. This isn't crazy talk. This has been documented in the mainstream press on several occasions.

**AgainstAllOdds** · 06-26-08, 10:10 PM

I dont think any real person that does this would acutally ever tell you.

**TeamPlayer** · 06-26-08, 10:13 PM

Yes.

In fact, it's a safe bet that people who like to brag about making lots of money gambling are surely losing money instead

**SlickFazzer** · 06-26-08, 10:14 PM

Team: I see you are voting for someone other than a Republican. I think its time for a change as well.

People who make their living betting on sports do not spend time posting on forums.

You can make some extra income betting on sports, but few, if any who post here make more than 30% of their income betting.

**TeamPlayer** · 06-26-08, 10:17 PM

SlickFazzer,

the funny thing is that 2008 will be the first time in my life that I will vote for a Democrat. (and I'm not 18 years old or in my 20s!)

Don't get me wrong. I don't expect a lot from the next government as both the Democrats and Republicans are equally corrupt regarding economics and foreign policy. But right now, the Republicans led by the Neo-Cons and the Religioius Right are the worse evil

**BuddyBear** · 06-26-08, 10:19 PM

There are 3 universal truths in sports gambling forums:

1) There are more guys who pretend to do this for a living than those who actually do.
2) Guys over exaggerate how much they wager on a game and then over report how much they won and then under report how much they lose.
3) Guys over exaggerate how often they get laid.

**sickler** · 06-26-08, 10:20 PM

Not I, though it was a different story in the bonus whoring days.

**SlickFazzer** · 06-26-08, 10:22 PM

Look at the people who post videos - a microcosm of SBR.

JJ - he does not make a living from gambling.

Richkas - Your a good man, but you do not make a profit from sports and horse betting.

Pat V - Young guy betting, no full time income.

SSLP - Heard he runs a book, no need to bet.

AgainstAllOdds - Young guy, no full time.

IWinYourMoney - Seems like a solid capper, but 30% income from gambling -- questionable.

I almost forgot about Nicky.

Nicky: You have mentioned how gambling has effected you.

**AgainstAllOdds** · 06-26-08, 10:23 PM

Originally posted by BuddyBear

There are 3 universal truths in sports gambling forums:

1) There are more guys who pretend to do this for a living than those who actually do.
2) Guys over exaggerate how much they wager on a game and then over report how much they won and then under report how much they lose.
3) Guys over exaggerate how often they get laid.

Anything buddy says everyone should listen to...hes a smart man.

**AgainstAllOdds** · 06-26-08, 10:26 PM

Originally posted by SlickFazzer

Look at the people who post videos - a microcosm of SBR.

JJ - he does not make a living from gambling.

Richkas - Your a good man, but you do not make a profit from sports and horse betting.

Pat V - Young guy betting, no full time income.

SSLP - Heard he runs a book, no need to bet.

AgainstAllOdds - Young guy, no full time.

IWinYourMoney - Seems like a solid capper, but 30% income from gambling -- questionable.

I almost forgot about Nicky.

Nicky: You have mentioned how gambling has effected you.

Like I said, I wont get into what I make or the percentages but I will say this: I am off from college for the summer and dont have a job while still making sure all my bills get paid and taking my gf out on the town every once in a while.

**SlickFazzer** · 06-26-08, 10:33 PM

AAO, you are smart though.

You are going back to college this fall. You have figured out that you cannot just gamble for a living.

I wish you well.

Stay hot the rest of the summer.

**Sinister Cat** · 06-26-08, 10:39 PM

Originally posted by SlickFazzer

AAO, you are smart though.

You are going back to college this fall. You have figured out that you cannot just gamble for a living.

I wish you well.

Stay hot the rest of the summer.

So what is it that prevents people from doing it? How can AAO make enough to make it worth his while for a summer, but someone with 10x the bankroll can't just quit their job and do it for a living with no prospects of doing anything else?

**SlickFazzer** · 06-26-08, 10:42 PM

Originally posted by Sinister Cat

So what is it that prevents people from doing it? How can AAO make enough to make it worth his while for a summer, but someone with 10x the bankroll can't just quit their job and do it for a living with no prospects of doing anything else?

Sinister:

Its too difficult to beat the game for a full time income.

I say you can't beat it for full time.

Ask JJ - hes been in the business.

Ask Richkas, hes been betting for 30 years.

Ask Nicky - he will tell you.

Sports betting FULL TIME is a tough sob.

**SlickFazzer** · 06-26-08, 11:10 PM

Im thinking of quiting betting all together.

Maybe my time would be better spent somewhere else.

**rm18** · 06-26-08, 11:13 PM

Originally posted by Sinister Cat

So what is it that prevents people from doing it? How can AAO make enough to make it worth his while for a summer, but someone with 10x the bankroll can't just quit their job and do it for a living with no prospects of doing anything else?

well depends what you bet, i could easily make millions betting props and obscure stuff with no limits, but not regular bets.

**SlickFazzer** · 06-26-08, 11:14 PM

Originally posted by rm18

well depends what you bet, i could easily make millions betting props and obscure stuff with no limits, but not regular bets.

Remember in most cases, it takes millions to make millions.

**rm18** · 06-26-08, 11:22 PM

SBR Forum - Sports Betting Talk - Sportsbook Review Forum

http://forum.sbrforum.com/players-talk/83175-maybe-higest-positive-expectancy-bet-ever-will-honored.html

Sports betting and handicapping forum: discuss picks, odds, and predictions for upcoming games and results on latest bets.

kid read this thread. +600 on a bet that essentialy can't lose i move 100k on this number i have 600k in 3 hours, my limit is $10.

I make 40k on bodog live betting $10 a bet, i would bet 5k a bet, and then with the winnings i would soon bet 50k a bet that is 200 million dollars a year.

**SlickFazzer** · 06-26-08, 11:41 PM

Originally posted by rm18

http://forum.sbrforum.com/players-ta...l-honored.html

kid read this thread. +600 on a bet that essentialy can't lose i move 100k on this number i have 600k in 3 hours, my limit is $10.

I make 40k on bodog live betting $10 a bet, i would bet 5k a bet, and then with the winnings i would soon bet 50k a bet that is 200 million dollars a year.

the point of this tread exactly.

**pat venditto** · 06-26-08, 11:57 PM

anyone who bets more than 1 game a day i gurantee doesnt bet for a living u can't win that way.

**rm18** · 06-27-08, 12:03 AM

Originally posted by SlickFazzer

the point of this tread exactly.

I don't know what you mean by this. Anything not true? I don't have 100k, but i would have 8 figures already if i had no limit on bodoglive.

I am just explaining to you that it is a fallacy that someone who make 100k can make a mill with 10 times the bankroll. It is not just limits, but arbitrage, and bonuses as well. I am not trying to make you feel bad but literally i could turn 1k into 8 figures with Kelly betting on bodoglive in less than a year it is a fact.

**rm18** · 06-27-08, 12:10 AM

Originally posted by pat venditto

anyone who bets more than 1 game a day i gurantee doesnt bet for a living u can't win that way.

this is ridiculous, and the pick out the best game of the day advice, some days nothing, but the two best bets of the year could be on the same day, and anything that has an edge is a good bet, no reason to need a big edge. Only a sucker would have a high winning % too, if you win 57% your not betting enough volume.

**SlickFazzer** · 06-27-08, 12:15 AM

Sorry I misjudged. If that is that case I can help you get you backers and financing.

I have an investment group that is testing sports gambling for profit.

They may be interested in someone like you, rm18, who could literally turn 1k into 8 figures.

Contact me for more into.

**chandler1981** · 06-27-08, 12:24 AM

RM,

If that is the case then you, sir are damn good. I didn't read the thread you linked yet but I will respond anyway.

If you have a HUGE bankroll and sound money mgmt then, no doubt you can stay above water.

It is my belief that ppl fail at sports wagering because they either begin with a smaller bankroll and try to build up 200% in the matter of a few games. Eight out of ten times you will put yourself in a position to post up funds again. Over and over.

I am not talking about you because you seem to have a large bankroll and don't put yourself in a position to bet for broke.

If spors bettors would wager the same way as instructed to while playing NL Holdem they would be far more successful.

(This is considering the bettor is experienced and disciplined)

-Always "buy in" with the maximum that the table will allow(Holdem)
Always post up your entire bankroll(Sports)

It is obvious to do this in NL because if you are sure to have the best hand you want to get the most money as possible. Just because you have 1k in chips it doesnt mean you have to call with trip aces when the turn reveals the 4th spade and you dont have one.(just an example)

In betting, I like the idea of posting up as much as I can possibly stand to lose that month without being ina financial bind.(doesnt necessarily have to be the same book) If you have a bankroll of 5k, then make wagers according to your confidence and the individual situation of that particular game.

If you make a 500 wager and lose then you aren't out and can bounce back.

On the other hand, if you post up 500 and place it on one game and lose its time to reload and you will mostlikely risk the full ammt of your deposit.

If you post a maximum ammt you can afford, you will play smarter with it and will have more money to use to build your roll.

Sorry so long.

**pat venditto** · 06-27-08, 12:30 AM

I should rephrase my statement. If you arent winning money consistenly, you aren't betting the right way. betting is about making green thats all it should be about.

http://youtube.com/watch?v=c3pZWunXXtg

**SlickFazzer** · 06-27-08, 12:32 AM

Fat knows whats up, that sombich knows what its all about.

**diogee** · 06-27-08, 12:34 AM

Good stuff Chandler.

I agree with your second statement quite a bit more Pat

**pat venditto** · 06-27-08, 12:39 AM

diogee we dont usually see eye to eye so i'll take it

**Justin7** · 06-27-08, 12:41 AM

Originally posted by pat venditto

anyone who bets more than 1 game a day i gurantee doesnt bet for a living u can't win that way.

*boggle*

Betting on sports provides over 50% of my annual income (and betting on stocks is also a substantial part of my taxable income). I know about 10 different people that make their keep betting sports. All of them bet more than 1 game per day when they are working (I'm taking July off and won't be betting much, but the rest of the year, I sometimes have 100 wagers in a day).