Is It Possible to make 100,000+ a year gambling on Sports?

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  • lonegambler23
    SBR Hall of Famer
    • 06-22-16
    • 9761

    #106
    last i heard brahlmans collecting cans and giving handjobs on the streets of NY
    Comment
    • kidcudi92
      SBR Posting Legend
      • 12-14-11
      • 15434

      #107
      Yes start with 10million and you will at least hit 100k within a year
      Comment
      • Goat Milk
        BARRELED IN @ SBR!
        • 03-24-10
        • 25850

        #108
        Originally posted by lonegambler23
        last i heard brahlmans collecting cans and giving handjobs on the streets of NY
        Nice. Hope it works out for him.
        Cause Sleep is the Cousin of Death
        Comment
        • gojetsgomoxies
          SBR MVP
          • 09-04-12
          • 4222

          #109
          i'm curious about something similar.

          how much can you get down in vegas on a typical major sport game? NFL? NBA?
          Comment
          • gojetsgomoxies
            SBR MVP
            • 09-04-12
            • 4222

            #110
            others will know more about getting money down...

            but at -107, a 53% win rate gives you 2.5% ROI.... so for you to make $100k per year, you need to put down $4MM of bets. that's approx $10k per day.

            doesn't seem like that difficult a task......... of course, fewer games will mean volatility. more games will need alot of research.... also people mentioned shopping for lines. that's a bit pain whether online or B/M. and to not get cut back, you'd have to be mostly betting high volume games where there is less inefficiency.

            didn't a guy in australia bet more than $1B per year on horse racing?
            Comment
            • gojetsgomoxies
              SBR MVP
              • 09-04-12
              • 4222

              #111
              i see ESPN has a new in-depth article on tim donaghy fixing NBA games.... his partner, who specialized in getting down action for bettors i.e. he wasn't a bookie himself but an intermediary, was trying get down $1MM per game. and surely his bookies would notice he always won. so it can't be quite as hard to get down action as people suggest here.
              Comment
              • Sawyer
                SBR Hall of Famer
                • 06-01-09
                • 7710

                #112
                It's possible to make even more with sports betting arbitrage and bonus/cashback hunting. Of course, you must have a good capital.

                If you want to make it as a straight handicapper, just bet 2,000$/game and if you can make +50 units at the end of the year, yes you can. You need to win +1 unit/week.
                Comment
                • Sam Odom
                  SBR Aristocracy
                  • 10-30-05
                  • 58063

                  #113


                  Comment
                  • jjgold
                    SBR Aristocracy
                    • 07-20-05
                    • 388189

                    #114
                    Best way to make money is to get a job

                    The best way to go broke is gamble
                    Comment
                    • Sam Odom
                      SBR Aristocracy
                      • 10-30-05
                      • 58063

                      #115
                      Originally posted by jjgold

                      The best way to go broke is gamble

                      Should we w/d all of our offshore $$$ and signoff of SBR forever ?
                      Comment
                      • jjgold
                        SBR Aristocracy
                        • 07-20-05
                        • 388189

                        #116
                        Stop looking for an easy way out in life or easy money there’s no such thing
                        Comment
                        • Bostongambler
                          BARRELED IN @ SBR!
                          • 02-01-08
                          • 35581

                          #117
                          Originally posted by jjgold
                          Stop looking for an easy way out in life or easy money there’s no such thing
                          Is Uber or Lyft hiring? That could be the job for you jj.
                          Comment
                          • bozeman
                            SBR MVP
                            • 11-11-09
                            • 2162

                            #118
                            question is - how possible? I would compare it to making it onto holliwood red carpet or into the Olympics its quite possible - but how many of the contestants get there
                            Comment
                            • dante1
                              BARRELED IN @ SBR!
                              • 10-31-05
                              • 38647

                              #119
                              Originally posted by Bostongambler
                              Is Uber or Lyft hiring? That could be the job for you jj.
                              about once or twice a year some poor kid enters this forum and asks a similar question. the sad part is 5 or 6 of us encourage him an tell him yes it is possible. right, it is possible the that the planet gets hit by another asteroid and all life ceases, it happened once before. My point is this, the people that do win at gambling are not rare, they are extremely extremely extremely rare. it happens but not often.


                              these people who claim plenty of people right here at SBR do it every year, well I would like to see those results and his plays for one full year, that is what I would like to witness. I have been in this business longer than many of you are alive and I will tell you this, I have never had one single player win in the long run. through the decades I have dealt with probably close to 1000 players--not one.


                              so yes it is possible, is it probable not even close. if you truly understood some simple math you would know this.
                              Comment
                              • SlickFazzer
                                SBR Posting Legend
                                • 05-22-08
                                • 20209

                                #120
                                Originally posted by jjgold
                                Stop looking for an easy way out in life or easy money there’s no such thing
                                JJ has even given up on giving pro gambling a shot the way it looks.
                                Comment
                                • danshan11
                                  SBR MVP
                                  • 07-08-17
                                  • 4101

                                  #121
                                  99% of gamblers lose and about 1% of that remaining winning 1% are pros the rest are survivorship bias
                                  if you have enough people flip coins you will have a few that come out winners long term by just survivorship bias.

                                  the key is not can you can you not should you should you not, the key is do you have an edge at max bet limits (which is what you need to win long term enough to be a pro)
                                  96% lose at openers
                                  98% lose at heat check 1k limits
                                  99% lose at max bet limits
                                  to make a 100k you need to be betting at max limits
                                  you also need to have enough bets to overcome variance
                                  if you bet a 100 games a year even with an edge you got about a 40% chance to lose yearly
                                  if you bet 10000 games a year with an edge you got about a 10% chance to still lose yearly
                                  size of your edge can slightly change these numbers but reality
                                  huge bankroll (6 figures) a good edge at max limits and 30 or 40 bets a day that have that edge
                                  its a huge task and very very few can do it and even if you did it one year, the gap is getting smaller every year, every year there are less long term winners than before because the lines are getting sharper as bettors get sharper.
                                  if the Yankees are -150 you better darn well believe they are going to win 600 out of 1000 at that line, if you believe anything else you are just wrong

                                  these things suck but they are very true and it does not change the fun it is to bet on games.
                                  Comment
                                  • RudyRuetigger
                                    SBR Aristocracy
                                    • 08-24-10
                                    • 65086

                                    #122
                                    Originally posted by danshan11
                                    99% of gamblers lose and about 1% of that remaining winning 1% are pros the rest are survivorship bias
                                    if you have enough people flip coins you will have a few that come out winners long term by just survivorship bias.

                                    the key is not can you can you not should you should you not, the key is do you have an edge at max bet limits (which is what you need to win long term enough to be a pro)
                                    96% lose at openers
                                    98% lose at heat check 1k limits
                                    99% lose at max bet limits
                                    to make a 100k you need to be betting at max limits
                                    you also need to have enough bets to overcome variance
                                    if you bet a 100 games a year even with an edge you got about a 40% chance to lose yearly
                                    if you bet 10000 games a year with an edge you got about a 10% chance to still lose yearly
                                    size of your edge can slightly change these numbers but reality
                                    huge bankroll (6 figures) a good edge at max limits and 30 or 40 bets a day that have that edge
                                    its a huge task and very very few can do it and even if you did it one year, the gap is getting smaller every year, every year there are less long term winners than before because the lines are getting sharper as bettors get sharper.
                                    if the Yankees are -150 you better darn well believe they are going to win 600 out of 1000 at that line, if you believe anything else you are just wrong

                                    these things suck but they are very true and it does not change the fun it is to bet on games.
                                    when you learn how to win, come apologize to me
                                    Comment
                                    • danshan11
                                      SBR MVP
                                      • 07-08-17
                                      • 4101

                                      #123
                                      Originally posted by RudyRuetigger
                                      when you learn how to win, come apologize to me
                                      why would I apologize to you? what data do you have to support your ignorant opinion?
                                      Comment
                                      • RudyRuetigger
                                        SBR Aristocracy
                                        • 08-24-10
                                        • 65086

                                        #124
                                        You provided random data for almost everything



                                        Hell, even the Yankees -150 you have no proof the book only wants to equal action
                                        Comment
                                        • danshan11
                                          SBR MVP
                                          • 07-08-17
                                          • 4101

                                          #125
                                          Originally posted by RudyRuetigger
                                          You provided random data for almost everything


                                          Hell, even the Yankees -150 you have no proof the book only wants to equal action
                                          all that book wants equal action talk is funny, that is 1970s talk, books dont make closing lines, they make openers.

                                          random data, you think what I provide is random data? are you drunk now or just clueless.

                                          99% of the garbage you think, might have been relevant 40 years ago, get a clue, lines are efficient!
                                          Comment
                                          • danshan11
                                            SBR MVP
                                            • 07-08-17
                                            • 4101

                                            #126
                                            Rudy you know very little about gambling, I read your posts
                                            max bets, 75% probability on an ATS bet, all that is nonsense tout talk, real long term winners probably dont even know what those terms mean
                                            Comment
                                            • firedawg
                                              BARRELED IN @ SBR!
                                              • 10-08-08
                                              • 39219

                                              #127
                                              I see ACH is alive and well
                                              Comment
                                              • danshan11
                                                SBR MVP
                                                • 07-08-17
                                                • 4101

                                                #128
                                                here is some more "random" data for you

                                                51-36 (0.66, 58.6%) avg line: -150.0 / 140.0 on / against: -$300 / -$60 ROI: -2.3% / -0.7%
                                                33-43 (-1.16, 43.4%) avg line: 120.9 / -135.2 on / against: -$362 / -$105 ROI: -4.8% / -1.0%
                                                42-44-1 (0.37, 48.8%) avg total: 9.2 over / under: -$608 / -$235 ROI: -6.4% / -2.4%
                                                and it is only 58% because the count is so low
                                                Comment
                                                • danshan11
                                                  SBR MVP
                                                  • 07-08-17
                                                  • 4101

                                                  #129
                                                  Originally posted by firedawg
                                                  I see ACH is alive and well
                                                  what is ACH?
                                                  Comment
                                                  • firedawg
                                                    BARRELED IN @ SBR!
                                                    • 10-08-08
                                                    • 39219

                                                    #130
                                                    Originally posted by danshan11
                                                    what is ACH?
                                                    Rudy
                                                    This isACH
                                                    He was busted talking to himself between these two handles across the street
                                                    Don't waste your time
                                                    Amazing this sack of shit is allowed to post after the scam he pulled here

                                                    Disgusting
                                                    Comment
                                                    • RudyRuetigger
                                                      SBR Aristocracy
                                                      • 08-24-10
                                                      • 65086

                                                      #131
                                                      Originally posted by danshan11
                                                      Rudy you know very little about gambling, I read your posts
                                                      max bets, 75% probability on an ATS bet, all that is nonsense tout talk, real long term winners probably dont even know what those terms mean
                                                      Originally posted by danshan11
                                                      kick ass Rudy! I like the way you dont discriminate you will dog anyone!






                                                      Originally posted by danshan11
                                                      I would wildly guess most people that can achieve this level of success long term (1000s of games bet) probably do it on the side and they are probably doing a bunch of advanced work in other similar areas as well.

                                                      I think you are probably right Rudy when you say they should do something else because if they are this skilled in modeling and other skills the market for employment is probably pretty darn lucrative in other areas and probably pays better and if nothing else more consistently










                                                      Please bro, I could do this all day


                                                      JUST STOP
                                                      Comment
                                                      • danshan11
                                                        SBR MVP
                                                        • 07-08-17
                                                        • 4101

                                                        #132
                                                        are you talking about me?
                                                        Comment
                                                        • danshan11
                                                          SBR MVP
                                                          • 07-08-17
                                                          • 4101

                                                          #133
                                                          I dont understand your post, is there a point to what you quoted?
                                                          Comment
                                                          • RudyRuetigger
                                                            SBR Aristocracy
                                                            • 08-24-10
                                                            • 65086

                                                            #134
                                                            i would try to cash out your points ASAP

                                                            as this account will be soon be banned as well
                                                            Comment
                                                            • danshan11
                                                              SBR MVP
                                                              • 07-08-17
                                                              • 4101

                                                              #135
                                                              Rudy you are going to get me banned? because you dont know shit about sports betting wonder why you keep talking nonsense all day, go join the view forum and talk nonsense, this forum is for sports betting or stick in the saloon you are clueless.
                                                              everyone in the sports betting world knows me as danshan, I was on BT as danshan, I am on tgf as danshan. I only use one handle and never used any other.
                                                              Comment
                                                              • danshan11
                                                                SBR MVP
                                                                • 07-08-17
                                                                • 4101

                                                                #136
                                                                Originally posted by RudyRuetigger
                                                                i would try to cash out your points ASAP

                                                                as this account will be soon be banned as well
                                                                keep changing the subject and not talking about sports, that is all you are good at, get a clue, read a book for gods sake
                                                                Comment
                                                                • firedawg
                                                                  BARRELED IN @ SBR!
                                                                  • 10-08-08
                                                                  • 39219

                                                                  #137
                                                                  Check pm Rudy lol
                                                                  This clown
                                                                  Comment
                                                                  • firedawg
                                                                    BARRELED IN @ SBR!
                                                                    • 10-08-08
                                                                    • 39219

                                                                    #138
                                                                    Guy denying it


                                                                    Giggles
                                                                    Comment
                                                                    • danshan11
                                                                      SBR MVP
                                                                      • 07-08-17
                                                                      • 4101

                                                                      #139
                                                                      firedawg you are nearly as annoying as rudy with your tailing him around backing his dumbshit.
                                                                      Comment
                                                                      • firedawg
                                                                        BARRELED IN @ SBR!
                                                                        • 10-08-08
                                                                        • 39219

                                                                        #140
                                                                        Originally posted by danshan11
                                                                        firedawg you are nearly as annoying as rudy with your tailing him around backing his dumbshit.
                                                                        I love winning
                                                                        Hit the bricks moron
                                                                        Comment
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