Minimum needed to live the dream

I started my own thread in the Las Vegas room

When you have a family especially if you have children, they are gonna get in their fair share of mischief, this can get very costly if you take them to the ER or urgent care, Children need stability, they should have a pediatrician. In order to get this stability, Health insurance is a must.

I have done the bankroll math hundreds of times....

At the end of the day, there is just not enough money in picking sports wagering at a few hundred bucks per pick.  Unless a guy can lay at least $2500 per pick, safely within the confines of his bankroll,  what is the point?  Is it really worth busting your butt for a year to be either +8k or -8k?

The fact is, there will be long stretches of breakeven action...and this is the action that kills you...months and months of breaking even. Not losing, but not WINNING either.  I have seen it first hand in commodities trading...you end up working your tail off for 60 hours a week, and come Friday you are at breakeven.  It wears you down mentally.....to the point where you just want it to be over; just some sort of resolution, any sort of resolution.  This is what makes most guys quit.....the time that goes by without any proof of success.

That being said, it can be done.  You just need the cash, smarts and patience.  If someone truly loves to bet sports everyday, and can stand the stench of Vegas for more than a few days at a time, then go for it. 

Just take enough cash to make it worth your while.

jcar, sounds like you fell into every trap vegas has. Lots of shallow money grubbing people in vegas, so id be careful who you befriend in a book. Pit games and slots will doom you. you have to accept losses, you will not win everyday.

you have to keep expenses as low as possible for first year at least, a rental car everyday is a waste of money.