Posted:
#1
When I first started this, I always envisioned winning big and then investing in an 8% annual index funds while I kick back on a quiet ranch. So far, the plan went off the rails.
Can you become a Millionaire by Sports betting?
Posted:
#4
Better to be a Millionaire which many people are already. Just think of your house and your investments and you are probably already there. People don't think of themselves as Millionaires but I don't think I have a friend who isn't worth a few million in assets, stocks and savings but to say, Hey m, I am a millionaire would make you sound stupid. A Million dollars isn't that much money. I mean putting three children through private school then College or University then advanced degrees while supporting them is well into a million dollars easy. If you are going to work 9 to 5 and our paid an hourly wage then taxes will most likely kill you but still very attainable 
God is Good and the Ball don't Lie.
Posted:
#8
Read "How to Beat the Pro Football Pointspread" by Bobby Smith, "How Professional Gamblers Beat the Pro Football Pointspread" by J.R. Miller, and "Week One NFL Winners - 2020 Edition". All available on Amazon.
It can be done, but very, very, very few are willing to put in the immense hard work involved.
Posted:
#10
I can also tell you from experience that when I tried doing this for a living, as an unemployed father of two, it was a 9-5 job, and one of the hardest, most stressful I’ve ever had. My bankroll was 10,000 and in two years I won 35,000. People who don’t realize how hard gambling is scoffed at my accomplishment. They said it was a pittance, and they were right to a certain extent, but what they didn’t realize is that I was working with a 10,000 bankroll, had it been 100,000 I might have won 350,000 in two years, or I might have not. Sometimes the less you have to work with the more focused you get, and you don’t take the kinds of chances you normally might with a bigger bankroll. For instance, last year I turned a 25$ free play to $5,000 in three months. Then what did I do? Like a moron I put 3000 on a team that -1000 that I thought had 0 chance of losing and I lost! So there you go. That’s gambling for you.
Posted:
#12
Quote Originally Posted by begginerboy:
I can also tell you from experience that when I tried doing this for a living, as an unemployed father of two, it was a 9-5 job, and one of the hardest, most stressful I’ve ever had. My bankroll was 10,000 and in two years I won 35,000. People who don’t realize how hard gambling is scoffed at my accomplishment. They said it was a pittance, and they were right to a certain extent, but what they didn’t realize is that I was working with a 10,000 bankroll, had it been 100,000 I might have won 350,000 in two years, or I might have not. Sometimes the less you have to work with the more focused you get, and you don’t take the kinds of chances you normally might with a bigger bankroll. For instance, last year I turned a 25$ free play to $5,000 in three months. Then what did I do? Like a moron I put 3000 on a team that -1000 that I thought had 0 chance of losing and I lost! So there you go. That’s gambling for you.
I can also tell you from experience that when I tried doing this for a living, as an unemployed father of two, it was a 9-5 job, and one of the hardest, most stressful I’ve ever had. My bankroll was 10,000 and in two years I won 35,000. People who don’t realize how hard gambling is scoffed at my accomplishment. They said it was a pittance, and they were right to a certain extent, but what they didn’t realize is that I was working with a 10,000 bankroll, had it been 100,000 I might have won 350,000 in two years, or I might have not. Sometimes the less you have to work with the more focused you get, and you don’t take the kinds of chances you normally might with a bigger bankroll. For instance, last year I turned a 25$ free play to $5,000 in three months. Then what did I do? Like a moron I put 3000 on a team that -1000 that I thought had 0 chance of losing and I lost! So there you go. That’s gambling for you.
Great job, BB!
This is what I mean by very few are willing to put in the work. The majority of sports bettors and almost everyone on this forum puts in less than an hour a week on their handicapping. Most put in less than 10 minutes. They watch the games and thinks that makes them an expert on betting.
Posted:
#17
Quote Originally Posted by Wizerguy:
its possible with the right methods/strategies / bankroll over a 10 yr period..
its possible with the right methods/strategies / bankroll over a 10 yr period..
I think it’s all about capitalizing on a streak and doubling down your profits. Takes risk. Bet 5k, win 10k, risk 10k next game, win 20k, risk 20k, win 40k, risk 40k, win 80k, after 80k, 4 more wins and you’re at 1.2M.. The Brady/Belichick era went on song long ATS runs. People made a killing off that dynasty
Posted:
#18
Quote Originally Posted by FRANKtheBANKss:
Better to be a Millionaire which many people are already. Just think of your house and your investments and you are probably already there. People don't think of themselves as Millionaires but I don't think I have a friend who isn't worth a few million in assets, stocks and savings but to say, Hey m, I am a millionaire would make you sound stupid. A Million dollars isn't that much money. I mean putting three children through private school then College or University then advanced degrees while supporting them is well into a million dollars easy. If you are going to work 9 to 5 and our paid an hourly wage then taxes will most likely kill you but still very attainable
Better to be a Millionaire which many people are already. Just think of your house and your investments and you are probably already there. People don't think of themselves as Millionaires but I don't think I have a friend who isn't worth a few million in assets, stocks and savings but to say, Hey m, I am a millionaire would make you sound stupid. A Million dollars isn't that much money. I mean putting three children through private school then College or University then advanced degrees while supporting them is well into a million dollars easy. If you are going to work 9 to 5 and our paid an hourly wage then taxes will most likely kill you but still very attainable
This dude actually believes his own monopoly money lies...
Posted:
#19
Quote Originally Posted by ActionMagnet:
Quote Originally Posted by Wizerguy: its possible with the right methods/strategies / bankroll over a 10 yr period.. I think it’s all about capitalizing on a streak and doubling down your profits. Takes risk. Bet 5k, win 10k, risk 10k next game, win 20k, risk 20k, win 40k, risk 40k, win 80k, after 80k, 4 more wins and you’re at 1.2M.. The Brady/Belichick era went on song long ATS runs. People made a killing off that dynasty
Quote Originally Posted by Wizerguy: its possible with the right methods/strategies / bankroll over a 10 yr period.. I think it’s all about capitalizing on a streak and doubling down your profits. Takes risk. Bet 5k, win 10k, risk 10k next game, win 20k, risk 20k, win 40k, risk 40k, win 80k, after 80k, 4 more wins and you’re at 1.2M.. The Brady/Belichick era went on song long ATS runs. People made a killing off that dynasty
That’s just getting lucky. Sure it can happen, but what does it prove?! We are talking about grinding out wins and living through bad beat after bad beat. It ain’t glamorous, but that’s what it takes to succeed. A guy who won over a million on horses, and then eventually gave it all back, told me that what keeps most gamblers, even the good ones, from coming out ahead is the vig. He was a math guy who believed the vig tilted the advantage to the house in a big way, and eventually ate away at the profits, making it impossible to stay ahead.
Posted:
#23
This is honestly a pretty simple answer.
Yes. You can. But it is like anything else in life. People want an easy path to success with no work, and sports gambling attracts all of the wrong types of people. Most sports gamblers are arsonist firemen. They create all of the problems that then they try to solve.
If you asked the question "can you become a millionaire by becoming a doctor?" the answer is maybe. Doctors that learn their trade, take advantage of opportunities, take it seriously constantly learn and grow - become millionaires - the rest become family practice guys making 100k a year.
Sports gambling takes a deep understanding of probability and mathematics which most people don't have without work. And since a huge majority of sports gamblers are lazy by nature, they don't want to learn or grow. So you end up with a situation where you have a huge percentage of losers, and a very small percentage of winners.
But I know many winners. Winners who have made millions. It is possible, just takes work.
Support your local animal shelter. I am on twitter.
Posted:
#24
Quote Originally Posted by vanzack:
This is honestly a pretty simple answer. Yes. You can. But it is like anything else in life. People want an easy path to success with no work, and sports gambling attracts all of the wrong types of people. Most sports gamblers are arsonist firemen. They create all of the problems that then they try to solve. If you asked the question "can you become a millionaire by becoming a doctor?" the answer is maybe. Doctors that learn their trade, take advantage of opportunities, take it seriously constantly learn and grow - become millionaires - the rest become family practice guys making 100k a year. Sports gambling takes a deep understanding of probability and mathematics which most people don't have without work. And since a huge majority of sports gamblers are lazy by nature, they don't want to learn or grow. So you end up with a situation where you have a huge percentage of losers, and a very small percentage of winners. But I know many winners. Winners who have made millions. It is possible, just takes work.
My man! Who ya got in NFL this weekend? This is honestly a pretty simple answer. Yes. You can. But it is like anything else in life. People want an easy path to success with no work, and sports gambling attracts all of the wrong types of people. Most sports gamblers are arsonist firemen. They create all of the problems that then they try to solve. If you asked the question "can you become a millionaire by becoming a doctor?" the answer is maybe. Doctors that learn their trade, take advantage of opportunities, take it seriously constantly learn and grow - become millionaires - the rest become family practice guys making 100k a year. Sports gambling takes a deep understanding of probability and mathematics which most people don't have without work. And since a huge majority of sports gamblers are lazy by nature, they don't want to learn or grow. So you end up with a situation where you have a huge percentage of losers, and a very small percentage of winners. But I know many winners. Winners who have made millions. It is possible, just takes work.
Posted:
#25
Quote Originally Posted by vanzack:
This is honestly a pretty simple answer. Yes. You can. But it is like anything else in life. People want an easy path to success with no work, and sports gambling attracts all of the wrong types of people. Most sports gamblers are arsonist firemen. They create all of the problems that then they try to solve. If you asked the question "can you become a millionaire by becoming a doctor?" the answer is maybe. Doctors that learn their trade, take advantage of opportunities, take it seriously constantly learn and grow - become millionaires - the rest become family practice guys making 100k a year. Sports gambling takes a deep understanding of probability and mathematics which most people don't have without work. And since a huge majority of sports gamblers are lazy by nature, they don't want to learn or grow. So you end up with a situation where you have a huge percentage of losers, and a very small percentage of winners. But I know many winners. Winners who have made millions. It is possible, just takes work.
This is honestly a pretty simple answer. Yes. You can. But it is like anything else in life. People want an easy path to success with no work, and sports gambling attracts all of the wrong types of people. Most sports gamblers are arsonist firemen. They create all of the problems that then they try to solve. If you asked the question "can you become a millionaire by becoming a doctor?" the answer is maybe. Doctors that learn their trade, take advantage of opportunities, take it seriously constantly learn and grow - become millionaires - the rest become family practice guys making 100k a year. Sports gambling takes a deep understanding of probability and mathematics which most people don't have without work. And since a huge majority of sports gamblers are lazy by nature, they don't want to learn or grow. So you end up with a situation where you have a huge percentage of losers, and a very small percentage of winners. But I know many winners. Winners who have made millions. It is possible, just takes work.
From your experience Vanz, what is the most profitable sport to bet on, and is that because math and probability play a greater role in predicting/determining the outcome? And by the same token, which sport is the hardest/most difficult?
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