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OK LETS BE REAL NOW....WHO HAS QUIT THIER JOB BECAUSE HEY BET ONLINE SPORTS FOR A LIVING NOW?

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Prospect
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Posted: #26
I hate working 9 to 5. It's not a life. You get retired at 65 age. What the hell im gonna do after 65? I want to live my life now.

Making a living by betting would be cool..
 
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Posted: #27
Those who believe it's not possible to make a living betting sports,I can tell you it's possible.
I knew a few in Vegas. They kept a low profile, spread the action around.
But they have gone the offshore route because Vegas books are now run by the bean counters, not book makers.
Meaning, if you win over a period of time, they WILL kick you out.
It is very hard, but few do make a living at it.

 
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Posted: #28
I got money that vanzack is a professional.  He is so far ahead of most ppl after watching him for 6 years across several sports that I am pretty certain he does.  The knowledge that guy has is unbelievable.
 
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Posted: #29
I quit betting online and started working full-time.  Much better odds.
 
Prospect
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Posted: #30
take it for whats its worth but i live here in vegas and heres what i know....
 
i have hung out in sportsbooks all day and met guys that 
SAY they do it for a living.
 
-none of these guys are millionaires
-none are under 30 (dont know why)
-they do spread out the action ex. if you want to bet 10k on a game, instead of laying 10k in 1 casiino (where they have to call down a manager for approval) they take a girlfriend and a friend and each lay 250-500 in 10 different sportsbooks with the same or better line usually the day before a game or early as possible because lines change
-they DO pay taxes on winnings even though they might not report Exactly how much they won
- some have systems some chase some treat everygame as a single game and do their research for 40+ hours a week
- yes you can get banned from a casino for winning large sums of money consistently but you should be fine if you spread out your action
 
me myself i have increased my starting bankroll of $2500 in mid feb.to just over $7000 by combining research/stats/free picks from certain handicappers/systems/chasing certain teams in certain spots/good money management/halftime betting/never betting on a game where im too biased(mostly my fav teams) so i believe its very possible
 
 
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Posted: #31
entertaining thread.....but why quit your job? not a very intelligent decision. their are quite a few successful sport wagerer's. the majority are "sharps" employed by "wiseguys" making six figure a year incomes+  One thing for sure, they don't buy, or sell picks, and seldom come to the surface; and when they do, they are never recognized..contrary to believe, most read Covers.com for information, and a little R&R... there's really know way of giving any figures to support the independents success rate, because the movement is underground. don't kid yourself, sports wagering is a multi-billion dollar a year business from both sides of the spectrum...
 
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Posted: #32
just another side note.......
 
the hilton super contest costs $1500 to enter and the winner gets 40% of the entry money... last year it was around 303k. you can do the math.........
in my eyes 1500 is not the amount of cash a regular guy would happilly give up for any handicapper contest. and you have to bet your own money on the wagers as well.... i think last year the winner hit about 71% in the nfl(unreal huh!?!?!?)
 
 so if you happen to be in vegas during the nfl season that would be the ideal spot to run into a real "sharp" as the hilton posts their selections....
 
 
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Posted: #33
If one really wanted to do it for a living, you'd have to leave the states eventually.  you'd need the books we can't have.  Pinny, betfair, expekt, and a few other eurobooks would be MUST haves.


 
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Posted: #34
correct..the alternative you forgot to mention would be Vegas..
 
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Posted: #35
It's amazing to me the idiots who don't play online because of worries about getting paid. Use reliable books and you'll never have a problem, have more betting options, pay less juice, and never have to worry about getting cut off for winning. I've never had a problem getting a cashiers check within a few days or a Western Union or Moneygram the same day or next day in all my years of requesting money from Heritage or any other book. There's several you'll never have a problem with if you do some reading and could easily make a living using them if you can win enough.
 
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Posted: #36
in my 4 years of bettin nfl ncaaf, ncaab and playoff hockey and nba plus a little tennis and boxing that u need alot of money to make money, your not gettin rich or making a living with an account with 100 bucks in it ,u will lose in the long run everytime ,i like to just bet on occasion now . i find a game im sure of maybe 1 or 2 a week or even a mos. and wager anywhere from 2000 to 5000 on that single game, i have made my most profits that way and i am still not able to make a living gambling yet but hope to soon, once my bankroll is over 50,000 i am gonna move to vegas and give it a try but im still about 37,000 short so i got another 4-5 years to go
 
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Posted: #37
Quote Originally Posted by vinnyherbert:

It's amazing to me the idiots who don't play online because of worries about getting paid. Use reliable books and you'll never have a problem, have more betting options, pay less juice, and never have to worry about getting cut off for winning. I've never had a problem getting a cashiers check within a few days or a Western Union or Moneygram the same day or next day in all my years of requesting money from Heritage or any other book. There's several you'll never have a problem with if you do some reading and could easily make a living using them if you can win enough.


Totally agree.

I did the Vegas thing for 10years. If you win there = will get banned.

Offshore is the only way to go. Much better odds and you'll get paid. Just use good books.
 
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Posted: #38
I don't think many do it.  Let's face it.  If you can have a bank roll large enough to make a living off of it, chances are you got it from a well paying job.  Why would you want to quit and risk your life on betting, when you could use this as a nice 2nd income.
 
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Posted: #39
Quote Originally Posted by JoshLewis:

I hate working 9 to 5. It's not a life. You get retired at 65 age. What the hell im gonna do after 65? I want to live my life now.

Making a living by betting would be cool..


You can do it, but you will need more than 20 K -- You will need closer to 100K my friend--
 
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Posted: #40
50k should do the trick in the beginning I guess.
 
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Posted: #41
Lewis---

To be the BEST you must ACT like the BEST--

This requires you creating an OFFICE in your HOME-

- You need to buy a large eraseable WHITEBOARD- With markers-
-Buy a 28 inch large computer Samsung Monitor-
-Buy a Large 60 inch TV that has SPLIT screen capabalities-
-Have another TV on the wall somewhere- Will allow you to watch 3 games, plus if you use computer you can watch 4 games-
-Buy a top of the LINE Office leather Chair, you can get it for $250 at Staples,
-Buy a really Nice Office Desk- Nice looking, modern-
-Buy some good Computer speakers that are on your DESK-

-You should have about 8 different OUTLETS to use--
-The most important thing is knowing how to MANAGE a BANKROLL-

-If you are EMOTIONAL, you have NO chance at doing this-
-You have to have other savings also to live on, because when you are getting NO pay cheque, you have to factor in that you may not make anything or that you may suffer a LOSS-

-Lastly you cannot feel pressure to make money, the WINNERS have to come to you PRESSURE FREE--
Being forced to try and make money is different than making money and not being pressured into it-

These are the KEYS my friend-

 
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Posted: #42
this thread is worth reading
 
Hall of Fame
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Posted: #43
Sammy...you been to my house? You almost described my den exactly as i put it together 4 yrs ago...LOL:!!!
 
The difference is tho....I CANNOT WATCH WHAT I BET ON!!
 
Cost me a patio glass door about 12 yrs ago, plus a medium sized TV....its funny now but not to my wife then.
 
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Posted: #44
I consider myself semi-pro.  I put about 2000-4000 into play daily depending on the season.  NCAA Hoops is my best sport.  NBA and NCAA football are a distant second and third.  Used to take the baseball season off to refuel and to take a break but I have gotten more involved the past 2 seasons.  I really hit the NCAA Basketball season hard.  On a Saturday,  I will easily put 10k into play.  Lots of totals.  You have to play underdogs to make it in this business.  I listen to Sportsmemo Radio Show daily for new and information.  It is a must.
 
I do have a full time day job. 
 
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Posted: #45

Quitting your jobs to become professional gamblers?

 

Really guys? c’mon really?

 

You guys are crazy, lets all quit our jobs during one of the worst economic recessions we have ever seen all move to Vegas and become pro gamblers.

 

Wake the fuck up,

 

I am 22 years old, recently graduated with a bachelor of commerce degree from one of the top university business schools in Canada. I have a degree and adequate experience and I will be lucky to get a minimum wage job right now. Nobody is hiring and if they are the competition is insane. I am sure its the same for you guys in the States.

 

People would kill for your 9 to 5 jobs right now. Be happy with what you have.

 

Also why would anyone want to move to Vegas and bet tourist lines when they can go online and bet on sites like matchbook and pinnacle?

 

The difference in lines is what will make or break you over time. I can’t even fathom the thought of someone wanting to do this for a living and moving to Vegas. I understand that some people don’t trust the online sites with their money but you can’t ignore the mathematics behind reduced juice and how it will affect you in the long run.

 
 
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Posted: #46
Quote Originally Posted by BigBaby11:

Quitting your jobs to become professional gamblers?

 

Really guys? c’mon really?

 

You guys are crazy, lets all quit our jobs during one of the worst economic recessions we have ever seen all move to Vegas and become pro gamblers.

 

Wake the fuck up,

 

I am 22 years old, recently graduated with a bachelor of commerce degree from one of the top university business schools in Canada. I have a degree and adequate experience and I will be lucky to get a minimum wage job right now. Nobody is hiring and if they are the competition is insane. I am sure its the same for you guys in the States.

 

People would kill for your 9 to 5 jobs right now. Be happy with what you have.

 

Also why would anyone want to move to Vegas and bet tourist lines when they can go online and bet on sites like matchbook and pinnacle?

 

The difference in lines is what will make or break you over time. I can’t even fathom the thought of someone wanting to do this for a living and moving to Vegas. I understand that some people don’t trust the online sites with their money but you can’t ignore the mathematics behind reduced juice and how it will affect you in the long run.

 

 

I have a Masters in Speech Pathology.  Insurance is the main reason that I don't think I could ever quit and do it full time.  Maybe when I get closer to retirement I would reconsider but insurance it just to costly and I get it free at my current job.  I work for the state.

 
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Posted: #47
Quote Originally Posted by thedegenerate:

 

I have a Masters in Speech Pathology.  Insurance is the main reason that I don't think I could ever quit and do it full time.  Maybe when I get closer to retirement I would reconsider but insurance it just to costly and I get it free at my current job.  I work for the state.

Free insurance is key. I don’t doubt anyone’s ability, and I agree that if done properly it is possible to be profitable in the long run.

There are so many factors though that must be considered before even thinking about doing this for a living. 95% of the people talking about quitting their jobs to pursue this need to rethink the idea.

 

 
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Posted: #48

This is true, quitting a job sounds like a good idea and to turn PRO but I would estimate that over 99% of people that try this would not be succesfull in trying to do this--

The key is BANKROLL- How much bankroll do you have before you decide to quit your JOB-
IN total with a GAMING ACCOUNT PLUS your personal SAVINGS ACCOUNT YOU NEED ABOUT 200 K to even consider THIS-

BIG BABY brings up some good points, people are dying for jobs, so if you have a JOB feel happy and LUCKY to have a JOB--

The people who think they can quit their JOB and do this full time, you have to have EXCEPTIONAL ability in this field- On A PRODIGY LEVEL to do it Full time-
You need to have no EMOTION--

Ex- Consider you have 20k that someone said, now if they want to make lets say 60k a year, that means you have to Triple that 20 k oringinal bankrolll which is not easy by any means-

A more feasible approach would be to have 200k and say I want to make a 33% return which would result in about making 65k for the year-

Doing it Full time is nothing other than RUNNING your own BUSINESS, HOWEVER it is a business where you need 4 THINGS TO DO WELL-

1- BE able to PICK WINNERS-
2-Remain EMOTIONLESS at ALL TIMES
3- Discipline
4-Patience-

If you have the ABOVE with a bankroll you can do it--

A lot of the reason people think it CANT be done, is because many people have FAILED, but in reality when one person fails there is a reason, and if someone learns from peoples mistakes IT CAN BE DONE 100% FOR SURE-

So the bottom LINE Is IT CAN BE DONE- I stick by that statement 100%- However you must have what i stated above and BE A PRODIGY-
A PRODIGY is someone that just knows HOW TO WIN--



 
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Posted: #49

Here is a simple example (Vegas vs. Online)

 

Right now at the Las Vegas Hilton you can get

 

Boston-2 at -110

 

Right now on matchbook you can get

 

Boston-2 at +100

 

Let’s say over the next week, 2 different people make 10 wagers on NBA games at these prices. One person in Vegas and one person online. Both bet to win 1000$ and both go 5-5 over the course of the week.

 

The person in Vegas would lay $1100 to win $1000 10 times. Since he went 5-5 he would be down 500$ because of the juice.

 

The person who bets online would bet $1000 to win $1000. He too went 5-5 too but would break even because he is not laying juice on his wagers.

 

This is a very simple example but over the course of a season and over years of gambling reducing the juice is one of the most important things to consider. The only way to reduce juice is by wagering online. Correct me if I am wrong, but both times I have been to Vegas it seemed every casino would have spreads priced at -110 for both sides.

 

Trying to do this for a living in Vegas would reduce your profit in the long run.

 
 
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Posted: #50

This is true my friend, LOW juice is basically like getting CASH back on your credit card---

Its like basically getting a % of your losses back--

Reduced Juice does not effect certain bettors who think they will win anyway---
Ex- I have been betting at a place that has -120 CENTS juice Both ways for live betting-- That is how they win charging 20 cents both ways-

If I win 20 bets and lose 17 bets- I lose money- Win $2000 and Lose $2040 -- so down -$40

However the 20 cent Juice does not concern me at all, because I dont play a game with the intention of Losing it, and I am nowhere near 50% WINNING RATE- I am much higher than that, and in that case the Juice is not a factor for me, because I am hitting percentages that would make JUICE a non factor---

However If I make a straight wager, I do it through PINNY, as their JUICE is great- you save tons of cash and get + money on the teams you like also-
Reduced Juice is great for sure on straight wagers-

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