Posted:
#426
Liked the thread alot guys, just got finished reading it. Can't wait for week 1 in a few weeks. GL
Minimum needed to live the dream
Posted:
#427
Quote Originally Posted by ShadowWarrior:
Heard u can buy a home for 60k there. Probably a repo. Lots of islanders have transmigrated to US mainland. Some have done very well in CA, AZ, WA and other locations. The high cost of living here has kept many away from returning. An article here said a home sold here might get 6 or 7homes say in Detroit, MI. 420k divided by 60k. Probably freeze there, heat might kill me in NV or at least the AC bills. The place won't make you happy if you are not happy IMO.
Most of us are searching for external or material rewards for our happiness. I learned a long time ago that you need a combination of health, wealth and harmony to have happiness and then it will all be temporary as life itself.!
I don't think you'd want to live in the areas where you can get a repo for $60k. If you want to live somewhere decent like Summerlin expect to pay at least $90 a sq ft minimum. Inventory is very low and prices are going up for any decent areas. I bought here almost a year ago to the day and my condo has gone from $138k to over $160k (based on recent comps). 1466 sq ft.
Stay disciplined and manage your bankroll
Posted:
#429
It can be done...before moving, try your plays out with an online sportsbook over the course of a year, with light money. If you make money, then do it. If not, you won't have wasted moving expenses or caused the local coroner money by cleaning up the mess you left when you put the .45 underneath your chin (sorry, its the Hunter Thompson romantic in me).
Posted:
#430
One losing year does not a completed effort make.
I kinda get what you're saying but, I've had losing years & winning years.
Vegas provides cash in hand right after you leave your poker seat, or 2 mins. after a game ends.
Online isn't really like that.
Cash in hand is a huge advantage of gambling right in Vegas.
I kinda get what you're saying but, I've had losing years & winning years.
Vegas provides cash in hand right after you leave your poker seat, or 2 mins. after a game ends.
Online isn't really like that.
Cash in hand is a huge advantage of gambling right in Vegas.
Posted:
#435
If "living the dream" means NOT having a real job and ONLY betting on sports, I would highly advise against that notion.
I feel confident I could make a living at craps, but my long-term success came in an environment where I wasn't betting my rent money. Always have a job that at least pays the bills.
In craps, I would win on average 8 out of 9 times (I started by taking $800 to win $200) but you must have excellent Money Management skills. That is the key. Gamblers wust also think like bankers.
In College Football, for 3 years running, I win 2 out of every 3 bets on average. I treat all these activities like investments. I track them very closely. I make 3 bets per week, and based on my success, increase the amounts conservatively. But I my own business that pays the bills. VERY IMPORTANT. You cannot make wise decisions if your family's food ration is on the line.
Go contribute something to society. Then it'll be easier to get rich at the Sports Book off your bankroll. And you can have a ball earning your Blow Money at the Book. That's living!
Posted:
#436
Quote Originally Posted by fabdesign:
If "living the dream" means NOT having a real job and ONLY betting on sports, I would highly advise against that notion.
I feel confident I could make a living at craps, but my long-term success came in an environment where I wasn't betting my rent money. Always have a job that at least pays the bills.
In craps, I would win on average 8 out of 9 times (I started by taking $800 to win $200) but you must have excellent Money Management skills. That is the key. Gamblers wust also think like bankers.
In College Football, for 3 years running, I win 2 out of every 3 bets on average. I treat all these activities like investments. I track them very closely. I make 3 bets per week, and based on my success, increase the amounts conservatively. But I my own business that pays the bills. VERY IMPORTANT. You cannot make wise decisions if your family's food ration is on the line.
Go contribute something to society. Then it'll be easier to get rich at the Sports Book off your bankroll. And you can have a ball earning your Blow Money at the Book. That's living!
People do not even understand the simplest of odds....
Posted:
#439
Quote Originally Posted by fabdesign:
Think like a banker? You're talking like a tourist.At best,you're a liar or a cheat and this is your first post too.Welcome to Covers.com.
If "living the dream" means NOT having a real job and ONLY betting on sports, I would highly advise against that notion.
I feel confident I could make a living at craps, but my long-term success came in an environment where I wasn't betting my rent money. Always have a job that at least pays the bills.
In craps, I would win on average 8 out of 9 times (I started by taking $800 to win $200) but you must have excellent Money Management skills. That is the key. Gamblers wust also think like bankers.
In College Football, for 3 years running, I win 2 out of every 3 bets on average. I treat all these activities like investments. I track them very closely. I make 3 bets per week, and based on my success, increase the amounts conservatively. But I my own business that pays the bills. VERY IMPORTANT. You cannot make wise decisions if your family's food ration is on the line.
Go contribute something to society. Then it'll be easier to get rich at the Sports Book off your bankroll. And you can have a ball earning your Blow Money at the Book. That's living!
Posted:
#445
Quote Originally Posted by mafioso:
And rereading all of this again, I can tell you I feel the same way today as I did two years ago when I called out Slim on being a fraud and a liar.
From 1983-1991 I lived in LasVegas I never drew a paycheck and I make money betting sports and managing accounts.I started living downtown in a $55week flophouse and a bankroll of $5000. You can stand where ever you want to but I knew a hundred guys that didn't have your required standbys.Like the boys lockerroom in high school and the backrow of the various sportsbooks I use to hang all day.""Them that are talking,they don't know.Them that know,they aren't talking"" You use to work in a casino but you don't seem to know alot.
And rereading all of this again, I can tell you I feel the same way today as I did two years ago when I called out Slim on being a fraud and a liar.
Also Everything I wrote regarding what it would take i still stand by
A 100,000.00 dollar bankroll and you better be damn good.
Posted:
#446
Barona Valley Ranch Casino in San Diego NOT LAS VEGAS
NO SPORTSBOOKS
and yes if you want to live a meager existence like you state you did above, then be my guest.
I figured if anyone wished to live comfortably and not have to treat every win and loss as a potential bankroll killer than they would need a 100K bankroll
Also LESTER, easy on the shot taking bud, I UNLIKE a-lot of cowards here have actually been seen and Iv met a fair share of members from this forum.
I too offer snide remarks towards others sometimes but unlike most of you, there is actually a name and face to me.
Posted:
#447
Quote Originally Posted by mafioso:
Barona Valley Ranch Casino in San Diego NOT LAS VEGAS
I It bothers me a great deal when someone who DOESN'T know what he is talking about is doubly undoubious when he blows his hole.Like I said I knew a great deal of successful sports players who didn't have 100k or weren't damn good.
Barona Valley Ranch Casino in San Diego NOT LAS VEGAS
NO SPORTSBOOKS
and yes if you want to live a meager existence like you state you did above, then be my guest.
I figured if anyone wished to live comfortably and not have to treat every win and loss as a potential bankroll killer than they would need a 100K bankroll
Also LESTER, easy on the shot taking bud, I UNLIKE a-lot of cowards here have actually been seen and Iv met a fair share of members from this forum.
I too offer snide remarks towards others sometimes but unlike most of you, there is actually a name and face to me.
I lived in that flophouse for 2 months then moved up to the strip for the rest of the 8 years i lived in LV. I full-filled your prediction for bankroll but that hardly had anything to do with making my living and I could have made my way with less then 100k.Again I knew a legion who were nowhere close to 100k but were living it.
I don't know wth you are pissing about name/face/covers.I'll repeat them that talks......
Posted:
#449
Mafioso, maybe you could at least acknowledge that you are simply laying out a solid platform that people should follow when taking the pro-level plunge moving to Vegas. I mean what you say is good advice but it's not the letter of the law. It's not like the only people who've been successful in Vegas used the platform you laid out. Just cause CG isn't following your 100K suggestion doesnt mean he can't make it. Of course the odds are against him but he's there and he's going for it. Beating this dead horse and basically telling him and everyone else that he's gonna fail because he's not following your rules.........I just don't see the point in that.
Posted:
#450
True,
Let me be as open and honest as I can be
Graduated high school in 1992
2 years of college before it drove me insane
Culinary school 1994 to 1996
worked at a couple of high end Italian restaurants in La Jolla CA and the gas lamp district before it became the Gaslamp District as we know it today.
Betting since the superbowl in 1996 when the packers beat the spread vs the pats by a hook
Won my first wager ever that super bowl
1997 bet the NFL Playoffs and did great
Now the Nitty Gritty
1998 OH HOW I STILL FEEL LIKE A CRACK HEAD CHASING THAT FIRST HIGH.
I was Money the entire season
Even quit my job after week 5 (HOW STUPID WAS THAT?)
didnt have a losing week the entire season
17 weeks
4 weeks of playoffs without losing, not only not losing but I MADE OVER $58,000.00 after expenses rent everything
I WINED AND DINED like KING and all my QUEENS every night of the week.
I started week 1 with 600 dollars
I found a closed pizzeria in El Cajon CA
I asked why a place like that would be closed since it was in the heart of of that city?
I had heard bad management rude behavior towards customers ...
I leased it
with all equipment there
paid 1st month last month and double security deposit
and I went off on an advertising campaign that cost me well over 30K the first 4 months.
Opened up 3 more before selling them all in 2002
in between that time
1999 to 2002 I got smoked losing nearly 20K a year
I didnt understand what happened NOW I DO
I GOT LUCKY
LUCKY
Lucky
lucky
all Luck
I learned from it I know every mistake i made along the way.
how the hell was I sooooo stupid to bet a 500 3 team parlay for the morning games hit that bet the 3500 on a 2 teamer in the afternoon then bet it all on the sunday night game
that is what I did in 1998 I did it twice and nailed it twice.
When reality hit it hit me hard
My restaurants were all a success
they saved me but I didnt profit a cent due to my gambling losses and my lifestyle of dining, escorts and fast cars.
I sold all my restaurants in 1998 to a crazy Palestinian guy who at the time i felt overpaid me.
so here i am flush with cash, and completely burnt out from the restaurant business.
I bought a house near an area called dictionary hills in Spring Valley, stole it right before the housing boom at 180K
and I rented it out and left the country
traveled all over South East Asia
Made my visa runs in Guam
Came back in 2004 to San Diego CA
tenants had moved out, and I look at my cash and I need a job, still burnt from the restaurant Biz, a friend suggested dealing at Barona valley ranch.
they had their own Blackjack dealing school and if hired you get your money back for the school.
I jumped on it
After 4 years and carpel tunnel I had the itch again for the restaurant business but this time I wanted a bar too
a sportsbar
and thats where Iv been since
I sold it Last year for 350K guy who bought it gave me 100K down then he failed to make payments on what was left
Before he destroyed the business entirely I protected my investment and gave him back 50K and Iv rebuilt the damage he caused.
If I sell again, it will be all cash.
Point Im making is
I learned the hard way, and if this forum is to help with our REAL LIFE experiences then who better than a LUCKY FOOL who had that elusive year of incrediblenous then had 4 successful restaurants but didnt see a dime of profit because the fool was a fool and a fool and his money are soon parted.
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