Messages

Forum Index : Las Vegas : Messages Page 17 of 18 «  14 15 16 17 18   »
Author: [Las Vegas] Topic: Minimum needed to live the dream
trim88 send a private message View Space | Blog | Friends | Playbook |
trim88
Participation Meter
Prospect
Joined: Apr 2009
Posts: 136
Location: Mongolia
#401
Posted: 7/18/2013 1:48:33 PM
There is one very interesting MLB tilt I'm looking at. It's on Saturday. The Rays Hellickson goes against the Blue Jays Buehrle; Hellickson is the slowest worker in MLB, 26 sec. between pitches...Buehrle is the fastest worker, 19 sec. between pitches. It'll be roaring hot at 1PM on Toronto's artificial surface. Even if Mark gets ripped, at least the Jays get to play baseball. The poor Rays will be roasting in the hot sun, with their thumbs up their keisters, standing around, doing nothing, while watching a professional pitcher pitch. I love the Blue Jays ML in this one.
quote
ad1260 send a private message View Space | Friends | Playbook |
ad1260
Participation Meter
Captain
Joined: Sep 2007
Posts: 7492
Location: Texas
#402
Posted: 7/18/2013 5:13:45 PM
trim88----cool stories man. Please, let us know when you have any plays in mind. Report to this thread immediately 
quote
Michfan15 send a private message View Space | Blog | Friends | Playbook |
Michfan15
Participation Meter
Captain
Joined: Oct 2008
Posts: 9336
Location: New York
#403
Posted: 7/18/2013 10:45:40 PM
QUOTE Originally Posted by trim88:

There is one very interesting MLB tilt I'm looking at. It's on Saturday. The Rays Hellickson goes against the Blue Jays Buehrle; Hellickson is the slowest worker in MLB, 26 sec. between pitches...Buehrle is the fastest worker, 19 sec. between pitches. It'll be roaring hot at 1PM on Toronto's artificial surface. Even if Mark gets ripped, at least the Jays get to play baseball. The poor Rays will be roasting in the hot sun, with their thumbs up their keisters, standing around, doing nothing, while watching a professional pitcher pitch. I love the Blue Jays ML in this one.

rogers center is indoors temp is regulated i thought
quote
sfg8 send a private message View Space | Friends | Playbook |
sfg8
Participation Meter
Prospect
Joined: Nov 2012
Posts: 285
Location:
#404
Posted: 7/20/2013 7:28:34 PM
that's what i thought as well...rogers ctr is indoors...btw tampa won 4-3..maybe nxt time...
quote
warrenator
RSI Wagerline RSI Rating
send a private message View Space | Friends | Playbook |
warrenator
Participation Meter
Prospect
Joined: Nov 2011
Posts: 143
Location:
#405
Posted: 7/20/2013 11:53:29 PM
The percentage of people who actually make a living sports betting is miniscule--that 25k you mention would be gone in a month or less--You're fooling yourself with fairy tale dreams like this--best thing is to get a decent job in Vegas and just bet for fun and profit when you can make it--all that other stuff a pie-in-the sky dream never going to come true--But if thats what you want go for it,maybe you'll be one of the 1 in 1million--peoplewill tell that they don't build those huge casinos giving away money--not to mention the lights etc etc--sports can be brutal to win at like any other thing even with an rigid displine.I sense you'dwant to be out ther swinging on the Vegas scene, that style may not work.You should go ahead and try it though and after you fail(and you will) so what? You gotta give it a shot if thats your dream
quote
warrenator
RSI Wagerline RSI Rating
send a private message View Space | Friends | Playbook |
warrenator
Participation Meter
Prospect
Joined: Nov 2011
Posts: 143
Location:
#406
Posted: 7/20/2013 11:56:10 PM
QUOTE Originally Posted by mafioso:

Let me clarify

If you are going to rent an apartment the cheapest you will find is maybe a studio for around 500 a month

so thats 6500 for the year including security deposit

You will have BillsAnd any 500$ a month pad is going to be a dump in crime infested area--of which Vegas has many--alot of other folks who tried to"live the dream" and ended up donating to Steve  wynn(orwhoever)

Electric,gas,cable and or satalite, phone and internet with the summers and winters lets say your total for these bills is another 300 per month

thats 3600 per year

You will need a car, Lets say your car is payed off just to be nice with insurance and gas and maintenence you are looking at 300 per month

thats another 3600 for the year

now food, dining in dining out going out to movies, dating once in a while if you have a life say another 400 per month, Im being ultra conservative here on a tight behind budget

thats 4800 per year

add medical insurance another 150 per month thats 1800 per year

from bottom to top

1800

4800

3600

3600

6500

thats 20K to 23K depending on your life style

Now in order for you to have a chance in hell of being successfull You will need that money just to live on for 12 calender months

Now you need a bankroll

trying to win 100 per day is not feasable Its just not

You will have to be ultra selective and bet a nickle a game until you reach a desired goal for the month a desired goal would be 3k

Pay attention here its the most valuable lesson in this reply

You need to come up atleast 7 wagers won over the wagers you lost.

You are giving yourself 30 calender days to reach this goal, its the only way to make this type of move without going bust

so 500 a day is what you must have for wagering with the swings of wins and losses you need 500 a day x 60 days atleast 30K

so I was wrong when I said 100K You need atleast 50K

thats my opinion and in my case if I ever decided to do something so irresponsible I have a family, I would need atleast 150K because my expenses are double to tripple.

But good luck.

quote
trim88 send a private message View Space | Blog | Friends | Playbook |
trim88
Participation Meter
Prospect
Joined: Apr 2009
Posts: 136
Location: Mongolia
#407
Posted: 7/21/2013 2:34:08 PM
QUOTE Originally Posted by sfg8:

that's what i thought as well...rogers ctr is indoors...btw tampa won 4-3..maybe nxt time...

Rogers Ctr. has a retractable roof; the game was played outdoors. But, I lost...for perhaps the 2,500th+ time!!!

BTW, my best year EVER on even money action was 62.7 percent...(1994).
quote
melosjumper7
RSI Wagerline RSI Rating
send a private message View Space | Friends | Playbook |
melosjumper7
Participation Meter
Rookie
Joined: Dec 2012
Posts: 967
Location: New York
#408
Posted: 7/22/2013 12:05:23 PM
what amazes me about reading this entire thread is how....mafioso continually patronized nyslim for his choices and his lieing......and for months kept saying hes gone, but nyslim kept posting and was doing fine....but suddenly mafioso moves to vegas and he has been giving the same posts that nyslim was for so long....surprise, surprise...only on covers, where everybodys a winner......maybe nyslim stopped posting because he got a life and got sick of people making judgement calls that were negative on every positive post that he put on here....but here is mafioso making the same posts that nyslim put on here when he moved....funny how the tide turns..
quote
melosjumper7
RSI Wagerline RSI Rating
send a private message View Space | Friends | Playbook |
melosjumper7
Participation Meter
Rookie
Joined: Dec 2012
Posts: 967
Location: New York
#409
Posted: 7/22/2013 12:10:10 PM
btw cjm2008...did u used to play online poker, I used to play a decent player that had that username a couple years ago....
quote
mafioso send a private message View Space | Blog | Friends | Playbook | My Sportsbook: Bellagio |
mafioso
Participation Meter
Veteran
Joined: Jul 2010
Posts: 1353
Location: California
#410
Posted: 7/22/2013 4:09:03 PM
Who says I moved to Vegas?
I was planning on doing so and when I did I was planning on opening a restaurant like I have now, I am not stupid enough or selfish enough to risk my familys future on a vegas pipe dream.
Yes I have had a great run with Live betting but thats all it is a GREAT RUN.

Ahhhhhhhhhhhhhhhhhh Selective reading, another reason you young people are pathetic and will always work for big mean bosses like me.


quote
Squirrel_Hunter
RSI Wagerline RSI Rating
send a private message View Space | Blog | Friends | Playbook | My Sportsbook: Wynn Las Vegas |
Squirrel_Hunter
Participation Meter
Banned
Joined: Jun 2013
Posts: 1636
Location: Antigua and
              Barbuda
#411
Posted: 7/22/2013 5:25:30 PM
Good post, I am considering doing this Oct. of 2014 when I retire. My pension will be $14,000/ yr or so and will have about $10K in savings. Places seem to be dirt cheap there.
quote
melosjumper7
RSI Wagerline RSI Rating
send a private message View Space | Friends | Playbook |
melosjumper7
Participation Meter
Rookie
Joined: Dec 2012
Posts: 967
Location: New York
#412
Posted: 7/23/2013 1:14:53 PM
I know with a name like mafioso....of course your a high scale boss...what was i thinking.....lol....and a big mean boss on top of it...what a joke you are....keep posting about everyone elseslife choices, and then post every time that you happen to win money....big bad boss.....look out...your like a telephone tough guy, come see you in real life and we'll all have a good laugh at the pathetic human that you are...
quote
Jayvegas420
RSI Wagerline RSI Rating
send a private message View Space | Friends | Playbook | My Sportsbook: Bellagio |
Jayvegas420
Participation Meter
Prospect
Joined: Feb 2013
Posts: 248
Location: Canada
#413
Posted: 7/23/2013 5:28:00 PM
I'm convinced it can be done with $2,700.00

quote
mafioso send a private message View Space | Blog | Friends | Playbook | My Sportsbook: Bellagio |
mafioso
Participation Meter
Veteran
Joined: Jul 2010
Posts: 1353
Location: California
#414
Posted: 7/23/2013 6:48:17 PM
QUOTE Originally Posted by melosjumper7:

I know with a name like mafioso....of course your a high scale boss...what was i thinking.....lol....and a big mean boss on top of it...what a joke you are....keep posting about everyone elseslife choices, and then post every time that you happen to win money....big bad boss.....look out...your like a telephone tough guy, come see you in real life and we'll all have a good laugh at the pathetic human that you are...

In the words of greater men then myself.
Go f*ck yourself
quote
Mikeyyy
RSI Wagerline RSI Rating
send a private message View Space | Friends | Playbook |
Mikeyyy
Participation Meter
Prospect
Joined: Jul 2012
Posts: 144
Location:
#415
Posted: 7/24/2013 1:06:12 PM
QUOTE Originally Posted by warrenator:

The percentage of people who actually make a living sports betting is miniscule--that 25k you mention would be gone in a month or less--You're fooling yourself with fairy tale dreams like this--best thing is to get a decent job in Vegas and just bet for fun and profit when you can make it--all that other stuff a pie-in-the sky dream never going to come true--But if thats what you want go for it,maybe you'll be one of the 1 in 1million--peoplewill tell that they don't build those huge casinos giving away money--not to mention the lights etc etc--sports can be brutal to win at like any other thing even with an rigid displine.I sense you'dwant to be out ther swinging on the Vegas scene, that style may not work.You should go ahead and try it though and after you fail(and you will) so what? You gotta give it a shot if thats your dream


I totally agree with the main points made in the above quote. But don't let anyone tell you not to live your dream, like warrenator suggests - even if you fail, meh. HK

The problem is it's highly unlikely that you will ever accrue $25k to test your dream theory out.

Your dream sort of reminds me of the many gold prospectors who wasted their time chasing after their dream but never realizing it. It's laudable to try and fail imo.


quote
Danrules24 send a private message View Space | Blog | Friends | Playbook | My Sportsbook: Station |
Danrules24
Participation Meter
Veteran
Joined: May 2012
Posts: 2491
Location: Nevada
#416
Posted: 7/24/2013 3:31:02 PM
QUOTE

Originally Posted by Squirrel_Hunter:

Good post, I am considering doing this Oct. of 2014 when I retire. My pension will be $14,000/ yr or so and will have about $10K in savings. Places seem to be dirt cheap there.

Places here are not as cheap as they were a year ago. Low inventory and investors have raised prices. The prices could still seem low to you depending on where you live now, but the prices here are on the rise.

I bought here in Aug 2012 partly to bet sports. I think the best way to do this is to have a full time job that covers everything including saving for retirement. With "extra" money build a bankroll and start betting as a % of bankroll. Keep adding to bankroll through winnings and extra savings. We saved $10k and I started my bankroll with that. I'll add a few k to that every year and hopefully increase through winnings also. I plan on working for 5 more years then retiring. Hoping to have my bankroll at $50k or more at that time, then use the sports betting gig as a supplement to my income in retirement.

 I'd love to be able to walk away now and just bet sports (living the dream), but my bankroll is not large enough to bet enough to make a living and I have yet to prove that I can win every year. I'm giving myself 5 years of working full time in Vegas, betting as if I had no other job and seeing what happens. The worst that can happen is losing my $10k stake, I'll still retire in 5 years. BOL to all that try to make a living betting on sports.

quote
Jayvegas420
RSI Wagerline RSI Rating
send a private message View Space | Friends | Playbook | My Sportsbook: Bellagio |
Jayvegas420
Participation Meter
Prospect
Joined: Feb 2013
Posts: 248
Location: Canada
#417
Posted: 7/24/2013 4:29:18 PM
You in Summerlin or Henderson?
quote
IPICKGAMES
RSI Wagerline RSI Rating
send a private message View Space | Blog | Friends | Playbook |
IPICKGAMES
Participation Meter
Prospect
Joined: Feb 2010
Posts: 108
Location:
#418
Posted: 7/25/2013 10:48:46 AM

It really all comes down to preparation and discipline. Never overbet your stake, 2% of bankroll should be the maximum bet size per wager. Its imperative you manage your bankroll and only increase bets as bankroll grows. if you have 10k your max bet should be 200$ to ensure the swings dont bankrupt you, and ther WILL be swings. Never chase losses and never double up. Take a loss and come back tommorrow. It is VITAL to keep accurate records of your results in order to make adjustments to your strategy and to keep losses to a minimum. Be very selective do not invest in 8-12 games a day, 3-5 plays are more than enough if you have experience and consistently hit between 54-60%.

GL to all, this is not impossible and many make a great living of of investing in sports. Sports wagering when pursued sensibly involves the same deductive reasoning skills as trading a put or a call option in the financial markets. Realizing an attractive risk adjusted retrun whether it exists in the stock market, treasury bond or a baseball game is a prudent investment.

quote
Danrules24 send a private message View Space | Blog | Friends | Playbook | My Sportsbook: Station |
Danrules24
Participation Meter
Veteran
Joined: May 2012
Posts: 2491
Location: Nevada
#419
Posted: 7/25/2013 11:20:53 AM
QUOTE Originally Posted by Jayvegas420:

You in Summerlin or Henderson?

Summerlin, just west of the Red Rock casino. In cooler weather I walk there 
quote
Danrules24 send a private message View Space | Blog | Friends | Playbook | My Sportsbook: Station |
Danrules24
Participation Meter
Veteran
Joined: May 2012
Posts: 2491
Location: Nevada
#420
Posted: 7/25/2013 12:44:17 PM
QUOTE Originally Posted by IPICKGAMES:

It really all comes down to preparation and discipline. Never overbet your stake, 2% of bankroll should be the maximum bet size per wager. Its imperative you manage your bankroll and only increase bets as bankroll grows. if you have 10k your max bet should be 200$ to ensure the swings dont bankrupt you, and ther WILL be swings. Never chase losses and never double up. Take a loss and come back tommorrow. It is VITAL to keep accurate records of your results in order to make adjustments to your strategy and to keep losses to a minimum. Be very selective do not invest in 8-12 games a day, 3-5 plays are more than enough if you have experience and consistently hit between 54-60%.

GL to all, this is not impossible and many make a great living of of investing in sports. Sports wagering when pursued sensibly involves the same deductive reasoning skills as trading a put or a call option in the financial markets. Realizing an attractive risk adjusted retrun whether it exists in the stock market, treasury bond or a baseball game is a prudent investment.

Great advice.

quote
Bluefin send a private message View Space | Blog | Friends | Playbook |
Bluefin
Participation Meter
Captain
Joined: Nov 2006
Posts: 7980
Location: Florida
#421
Posted: 7/25/2013 3:36:46 PM
What happened to the dude that started this thread....Did he go Poof like so many others or what..
quote
bondsman14 send a private message View Space | Friends | Playbook |
bondsman14
Participation Meter
Prospect
Joined: Feb 2013
Posts: 9
Location: Virginia
#422
Posted: 7/26/2013 11:05:54 AM
I have a very good friend who has made A living playing Poker and Betting Sports.He is 55 Years old and has done this for 30 plus years.He lives on the East Coast half the time and Vegas the other half.He sets rules and follows
1..He Bets the same on each game
2...He does not Bet for Action...if there are 5 Games he likes he Bets all 5..if he does not see anything for 5 Days he will not bet.
3 Very rarely does he go into the casino to play other games(only when other friends are in town)and he will play very low stakes and feels very lucky to walk out with a few bucks
4..He plays poker about 40- 50 hours a week.
5 He is not A Smoker,very very light Drinker and stays away from the strip clubs where You will spend a to. He works out most days and is very Healthy
6...He does not win every Day,week or Month and there have been a few not so good years.however he has done very well.
I feel A person can do this under A strick set of rules,how ever can most people do this...The answer is No...We are Human and most will Blow it if you have A big win on something else and most will try to chase losses and lose 10 in a row(which has happened to everyone)and Blow the Bank Roll.....I hope this info helps and Best of Luck to us all!!!
quote
pokerfacekk
RSI Wagerline RSI Rating
send a private message View Space | Blog | Friends | Playbook |
pokerfacekk
Participation Meter
Prospect
Joined: Mar 2011
Posts: 15
Location:
#423
Posted: 7/26/2013 1:14:07 PM
QUOTE Originally Posted by Beergut:

If you think you want to 'live the dream' and move to Vegas and make a living as a sports bettor/poker player/professional gambler, how much money do you need?

At a minimum, I think it would be $25000, if not more. Figure you need $10000 to pay for one year in rent at an apartment, including any security deposit. You need a $10000 bankroll to start out with, at a minimum, because even if you are betting small and only winning $100 a day, that bankroll ensures you 100 days of betting.

The last $5000 I would keep in a bank account as an emergency non-gambling fund. If it doesn't work out and you go bust, you will at least have enough money to go back home and start getting on with your life. If you tried to live the dream and failed, no shame in that, at least you made your attempt. Start saving again, hope you learn from your lessons, and decide if you want to take another shot.

Anyone went out there who is currently living the dream? How much did you take out there to get started? How long did it take you to become self-sufficient, where your winnings were paying for your living expenses?

This is the most amazing post iv seen in a very long time. I really believed I was the only one that is planning this. I will Let you know how my dream turns out. I am in the process of taking $50,000 out to vegas and making a run at my dream. This 50k is only for the poker and sports book dream all other expenses are coming from separate funds .
quote
pokerfacekk
RSI Wagerline RSI Rating
send a private message View Space | Blog | Friends | Playbook |
pokerfacekk
Participation Meter
Prospect
Joined: Mar 2011
Posts: 15
Location:
#424
Posted: 7/26/2013 1:50:28 PM
QUOTE Originally Posted by newyorkslim:

This dream is my reality. I am leaving on the 11th. I bought a condo for cash in Summerlin and a 4k car. Left my GF of 5 years as she thought the idea was crazy. Buffalo will always be here if I go bust. 

Monthly nut appears to be about 1k. My plan is to stay away from the tables and just bet sports. 

I am not wondering if I will do well. I know I will. 

I love it!!!!!!!!! Good luck my friend
quote
ShadowWarrior
RSI Wagerline RSI Rating
send a private message View Space | Blog | Friends | Playbook |
ShadowWarrior
Participation Meter
Captain
Joined: Nov 2002
Posts: 7067
Location: Hawaii
#425
Posted: 7/27/2013 2:37:52 PM
Slim and Beergut may be gone.  trim88.  Haleiwa is rugged to handle, it is the North Shore after all.  My Rockpiles is the south shore, much more manageable.  On the north shore I go to soft spots like Chun's Reef or Puena Pt.  longer ago I went to Jocko's and Laniakea.
    I may be trying this spot near Kewalo's called Straight Outs.  A church friend told me come out and give it a try as the crowd is mellow.  Rockpiles is getting so crowded with stand up paddle boarders, long boarders, short boarders like me, lots of instructionals with their beginners.  I manage to get some waves but not like in my younger days when I could paddle better.   Injured my foot paddle boarding and has taken awhile for me to heal up.  Surfing recreationally is great way for me to stay in shape and keep in tune with nature and the younger generation.  My regular friends my age are cool but none surf so I am on my own.
quote
Forum Index : Las Vegas : Messages Page 17 of 18 «  14 15 16 17 18   »
You have entered the forum as a GUEST. 
You must login/register to post or reply.