Poker vs. Sports betting

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  • Panic
    SBR Posting Legend
    • 01-06-08
    • 10367

    #1
    Poker vs. Sports betting
    I will honestly say that I have made more money in the last few years playing Poker than I have for the previous 10 years betting games. I still like to play the games, but I make no mistake knowing where my bread and butter is. To me, Poker is a much more profitable way to make a living gambling.
  • pat venditto
    SBR Posting Legend
    • 05-07-07
    • 14347

    #2
    bullshit
    Comment
    • gordon gekko
      SBR MVP
      • 05-01-08
      • 2842

      #3
      Both are profitable for me but if I had to pick which brings in more money I would have to say handicapping sports.
      Comment
      • Panic
        SBR Posting Legend
        • 01-06-08
        • 10367

        #4
        you're so special, Patty. Do you know that? If your parents dont tell you...well then I will...you're special.
        Comment
        • MrX
          SBR MVP
          • 01-10-06
          • 1540

          #5
          Originally posted by Panic
          I will honestly say that I have made more money in the last fews playing Poker than I have for the previous 10 years betting games. I still like to play the games, but I make no mistake knowing where my bread and butter is. To me, Poker is a much more profitable way to make a living gambling.
          I have had the exact opposite experience, which is more a testament to my lack of poker ambition than anything. I got really sick of it right about the time I should have been moving up significantly.
          Comment
          • RogueJuror
            SBR Posting Legend
            • 07-08-08
            • 10010

            #6
            From what I have witness through the years its either or the other. I have seen great punters loose it in poker and vice versa. It's very rare someone who can master both of them.

            Comment
            • Panic
              SBR Posting Legend
              • 01-06-08
              • 10367

              #7
              Originally posted by RogueJuror
              From what I have witness through the years its either or the other. I have seen great punters loose it in poker and vice versa. It's very rare someone who can master both of them.

              Exactly right. Thats why I started the thread to see who excels with what. If someone is cleaning up on both than more power to them, but that is usually not the case.
              Comment
              • pat venditto
                SBR Posting Legend
                • 05-07-07
                • 14347

                #8
                i never win at cards
                Comment
                • Panic
                  SBR Posting Legend
                  • 01-06-08
                  • 10367

                  #9
                  Loke at Mike Matesou. He has made millions playing poker and has lost it all betting games.
                  Comment
                  • pat venditto
                    SBR Posting Legend
                    • 05-07-07
                    • 14347

                    #10
                    mikes still in the main event with only lke 120 people left. hes got like 600k.
                    Comment
                    • Panic
                      SBR Posting Legend
                      • 01-06-08
                      • 10367

                      #11
                      Originally posted by pat venditto
                      mikes still in the main event with only lke 120 people left. hes got like 600k.
                      yep. I think the last tourney he won, he turned around and lost most of it quickly thereafter on sports.

                      Phil Ivey lost 2 mil on the Lakers in the NBA championship.
                      Comment
                      • donjuan
                        SBR MVP
                        • 08-29-07
                        • 3993

                        #12
                        Poker is better for small bankrolls, sports is better for most people with large bankrolls.
                        Comment
                        • MonkeyF0cker
                          SBR Posting Legend
                          • 06-12-07
                          • 12144

                          #13
                          Ivey's a hardcore gambler. I see him on the craps tables at least once a week.
                          Comment
                          • Panic
                            SBR Posting Legend
                            • 01-06-08
                            • 10367

                            #14
                            Originally posted by donjuan
                            Poker is better for small bankrolls, sports is better for most people with large bankrolls.

                            I disagree, Don.
                            Comment
                            • MonkeyF0cker
                              SBR Posting Legend
                              • 06-12-07
                              • 12144

                              #15
                              Originally posted by Panic
                              Loke at Mike Matesou. He has made millions playing poker and has lost it all betting games.
                              Mike loses his share in cash games too. He's a good tournament player who, in the past, was better known for his implosions and bluffing off and/or donking off his stack late in tourneys. His cash game play is very similar.
                              Comment
                              • Panic
                                SBR Posting Legend
                                • 01-06-08
                                • 10367

                                #16
                                Ivey concerned over his Lakers during the Finals.

                                Comment
                                • donjuan
                                  SBR MVP
                                  • 08-29-07
                                  • 3993

                                  #17
                                  I disagree, Don.
                                  It's pretty simple, really. On a starting bankroll of 5k, you can easily make 3k/month playing live SSNL with very little poker ability. On a starting bankroll of 5k, good luck doing that with sports. Of course you could have a 3k month, but that would be more down to variance in all likelihood. On 200k, it's reversed. Basically, moving up stakes in sports betting doesn't make it significantly more difficult to have a similar ROI. This is not true in poker and it's entirely possible that you will be -EV at a higher level in poker, whereas this is not an issue in sports betting.
                                  Comment
                                  • NEP Dynasty
                                    SBR Wise Guy
                                    • 10-17-06
                                    • 858

                                    #18
                                    Donny, are we on Maddux tonight?
                                    Comment
                                    • donjuan
                                      SBR MVP
                                      • 08-29-07
                                      • 3993

                                      #19
                                      I have no bet on this game at this point in time.
                                      Comment
                                      • Panic
                                        SBR Posting Legend
                                        • 01-06-08
                                        • 10367

                                        #20
                                        Gotcha, Don. Although I do think your underestimating the talent you would encounter these days even starting with a 5k bankroll. Making 3k a month wouldnt be as easy as some would think.
                                        Comment
                                        • pat venditto
                                          SBR Posting Legend
                                          • 05-07-07
                                          • 14347

                                          #21
                                          live poker yeah you can make some doe. online poker is a ****ing shark tank.
                                          Comment
                                          • donjuan
                                            SBR MVP
                                            • 08-29-07
                                            • 3993

                                            #22
                                            Panic,

                                            No way. I occasionally head down to a few local spots to play 1/3 or 2/5 NLHE and it's absurdly soft. I'm no great poker player, although I'm competent.

                                            Pat,

                                            Online full ring at the same limits is tougher than the same limit live, but that should be pretty obvious. HU is still pretty soft online, especially at the lowish limits.
                                            Comment
                                            • TheLock
                                              SBR Posting Legend
                                              • 04-06-08
                                              • 14427

                                              #23
                                              This whole thread depends on a few important things:

                                              1) How good of a poker player is the person

                                              2) How big is their bankroll (the swings of variance can be a bitch)

                                              3) Table selection
                                              Comment
                                              • Panic
                                                SBR Posting Legend
                                                • 01-06-08
                                                • 10367

                                                #24
                                                With ya, Don. But I mainly play on line since I live in a state with no casinos. I get away every so often for live play, but not as much as I like. And the local games I play in, its always the same guys and playing the same stakes. We play a little high and dont allow many new people to the game for obvious reasons. I would love to move to Vegas, but have family situations that dont allow me to do it yet.
                                                Comment
                                                • donjuan
                                                  SBR MVP
                                                  • 08-29-07
                                                  • 3993

                                                  #25
                                                  I played a little 1/3 in Vegas recently. Sickeningly soft. I unfortunately spend 8+ months/year in Colorado which restricts me to online only if I want to play poker.
                                                  Comment
                                                  • jolub
                                                    SBR High Roller
                                                    • 08-28-07
                                                    • 233

                                                    #26
                                                    For me, poker is a hobby that pays for itself. The problem is that many of the sites like to steal your money. I have a complaint filed here againist Jon Wood over stolen money. He use to post at this forum. Now, he won't answer anyone's emails.
                                                    Comment
                                                    • Panic
                                                      SBR Posting Legend
                                                      • 01-06-08
                                                      • 10367

                                                      #27
                                                      I'm with ya, jolub. As I said early, if I could play more live cards, I would. I just dont have the luxury to do that right now. I will say PokerStars and FullTilt have always treated me right.
                                                      Comment
                                                      • durito
                                                        SBR Posting Legend
                                                        • 07-03-06
                                                        • 13173

                                                        #28
                                                        Lots of Poker bores me to death.

                                                        I could never play poker for 10-12 hours a day online.
                                                        Comment
                                                        • Panic
                                                          SBR Posting Legend
                                                          • 01-06-08
                                                          • 10367

                                                          #29
                                                          I used to do that, durito. Now I just try to squeeze in 2-3 hours a day. I actually play while I am posting on here sometimes.
                                                          Comment
                                                          • treece
                                                            SBR Hall of Famer
                                                            • 11-28-07
                                                            • 6298

                                                            #30
                                                            I think its impossible to make money playing poker. No matter how hard I try luck always fvcks you in the end.
                                                            Comment
                                                            • accuscoresucks
                                                              SBR Hall of Famer
                                                              • 11-03-07
                                                              • 7160

                                                              #31
                                                              Originally posted by Panic
                                                              I will honestly say that I have made more money in the last few years playing Poker than I have for the previous 10 years betting games. I still like to play the games, but I make no mistake knowing where my bread and butter is. To me, Poker is a much more profitable way to make a living gambling.
                                                              i love poker hell it is my first love actually..i learned about sports betting from some hockey players while sitting at the bellagio one day,their is so much love i have for poker but i cant stand the constant 5 hour days x 3-4 days a week.
                                                              bottom line sports betting is where it is at ONE can lay way more money in a years time then you can poker
                                                              Comment
                                                              • donjuan
                                                                SBR MVP
                                                                • 08-29-07
                                                                • 3993

                                                                #32
                                                                I think its impossible to make money playing poker. No matter how hard I try luck always fvcks you in the end.
                                                                I laughed.
                                                                Comment
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