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    All Forums | Systems & Strategies

    professional gamblers

    shraga173
    jv040
    Beye
    ApacheM
    Anita z
    Participants:
    Search
    Views: 697
    Posts: 5
     
    shraga173
    shraga173
    Banned
    Participation Meter
    Joined: Dec, 2006
    Posts: 36
    Posted: Mar. 13, 2009 - 2:45 PM ET #1

    Guys, I am very serious about becoming a professional gambler and was thinking about moving to Vegas to pursue my dream. I have spent my whole life around the world of gambling and personally feel like I can be one of the few people in this world who make it in the sports gambling world. I put trials together to see how I do over the years and have had very good success with seasons in the 58-60%, but I do put in a lot of time handicapping.  I am in college, but I put in atleast 5-6 hours a day doing research and I would love to put in more time being able to do this as a professional.  I know that is a rarity to make it in this field but I have confidence that I can succeed.  Anyways, I was wondering what you think about the fact that Vegas supposedly doesnt accept any big plays anymore and how all these "wiseguys" are having trouble getting in big bets in Vegas now?  My main question is there is all these professional handicappers saying they live on the east coast, so my assumption is they are using offshore books, but as a professional when this is your only source of income, how can you honestly trust these offshore books so much and it seems weird that you have to report winnings on your taxes as a professional gambler on something that is illegal like gambling with these offshore gambling websites.  I'm taking a shot and thinking about risking it all in Vegas, but can I stay on the east coast and not give up everything and try to take a chance with the offshore books?  If I end up winning through that, do I report something illegaly on my taxes?
    Reply
    To remove first post, remove entire topic.
    Guys, I am very serious about becoming a professional gambler and was thinking about moving to Vegas to pursue my dream. I have spent my whole life around the world of gambling and personally feel like I can be one of the few people in this world who make it in the sports gambling world. I put trials together to see how I do over the years and have had very good success with seasons in the 58-60%, but I do put in a lot of time handicapping.  I am in college, but I put in atleast 5-6 hours a day doing research and I would love to put in more time being able to do this as a professional.  I know that is a rarity to make it in this field but I have confidence that I can succeed.  Anyways, I was wondering what you think about the fact that Vegas supposedly doesnt accept any big plays anymore and how all these "wiseguys" are having trouble getting in big bets in Vegas now?  My main question is there is all these professional handicappers saying they live on the east coast, so my assumption is they are using offshore books, but as a professional when this is your only source of income, how can you honestly trust these offshore books so much and it seems weird that you have to report winnings on your taxes as a professional gambler on something that is illegal like gambling with these offshore gambling websites.  I'm taking a shot and thinking about risking it all in Vegas, but can I stay on the east coast and not give up everything and try to take a chance with the offshore books?  If I end up winning through that, do I report something illegaly on my taxes?
     
    jv040
    jv040
    Banned
    Participation Meter
    Joined: Jan, 2009
    Posts: 1479
    Posted: Mar. 13, 2009 - 6:14 PM ET #2

    the best sports book too sign up with is bet jamaica. they pay americans.  you can ask for a bet jamaica debit card and when you go to call up and ask for cash out you can run too the nearest atm a couple hours later and get your cash.  the greek do this too.  any server owned by the greek is a safe bet for americans.  if your go'ing to sign up with one of these servers you need a visa debit card.  I think it has too come from xxxxxx just google them.  This is what I did.  If your looking for a couple of proven systems that work. you can do a search for psic and run through his articles he's posted.  He's even selling e-books at a decent price.
    Reply
    the best sports book too sign up with is bet jamaica. they pay americans.  you can ask for a bet jamaica debit card and when you go to call up and ask for cash out you can run too the nearest atm a couple hours later and get your cash.  the greek do this too.  any server owned by the greek is a safe bet for americans.  if your go'ing to sign up with one of these servers you need a visa debit card.  I think it has too come from xxxxxx just google them.  This is what I did.  If your looking for a couple of proven systems that work. you can do a search for psic and run through his articles he's posted.  He's even selling e-books at a decent price.
     
    Beye
    Beye
    Prospect
    Participation Meter
    Joined: Aug, 2008
    Posts: 32
    Posted: Mar. 14, 2009 - 7:59 PM ET #3

    I can believe you may be serious, but it is called gambling for a reason. The Books are not dumb. Believe me, there have been MANY intelligent people who have thought they could beat the system. VERY FEW do. Something always gets in the way; eg. money management, greed, family, etc.. IF you do not have a family to support, GO FOR IT; it will be a great learning experience. Take it from experience, IF you have a family; get your education and establish yourself in some profession first. Do the "short term investments" on the side UNTIL you have a proven track record (read, years...); then, and only then, consider the leap into this full time. GL, I hope you make the correct decision.
    Reply
    I can believe you may be serious, but it is called gambling for a reason. The Books are not dumb. Believe me, there have been MANY intelligent people who have thought they could beat the system. VERY FEW do. Something always gets in the way; eg. money management, greed, family, etc.. IF you do not have a family to support, GO FOR IT; it will be a great learning experience. Take it from experience, IF you have a family; get your education and establish yourself in some profession first. Do the "short term investments" on the side UNTIL you have a proven track record (read, years...); then, and only then, consider the leap into this full time. GL, I hope you make the correct decision.
     
    ApacheM
    ApacheM
    All-Star
    Participation Meter
    Joined: Apr, 2008
    Posts: 14473
    Posted: Mar. 15, 2009 - 11:09 AM ET #4

    Quote Originally Posted by Beye:

    I can believe you may be serious, but it is called gambling for a reason. The Books are not dumb. Believe me, there have been MANY intelligent people who have thought they could beat the system. VERY FEW do. Something always gets in the way; eg. money management, greed, family, etc.. IF you do not have a family to support, GO FOR IT; it will be a great learning experience. Take it from experience, IF you have a family; get your education and establish yourself in some profession first. Do the "short term investments" on the side UNTIL you have a proven track record (read, years...); then, and only then, consider the leap into this full time. GL, I hope you make the correct decision.
    The 2 BIGGEST reasons.
    Reply
    Quote Originally Posted by Beye:

    I can believe you may be serious, but it is called gambling for a reason. The Books are not dumb. Believe me, there have been MANY intelligent people who have thought they could beat the system. VERY FEW do. Something always gets in the way; eg. money management, greed, family, etc.. IF you do not have a family to support, GO FOR IT; it will be a great learning experience. Take it from experience, IF you have a family; get your education and establish yourself in some profession first. Do the "short term investments" on the side UNTIL you have a proven track record (read, years...); then, and only then, consider the leap into this full time. GL, I hope you make the correct decision.
    The 2 BIGGEST reasons.
     
     
    Anita z
    Anita z
    Prospect
    Participation Meter
    Joined: Nov, 2005
    Posts: 35
    Posted: Mar. 15, 2009 - 12:01 PM ET #5

    Stay in school,dont do  it.They will break you in the long haul,if you like  gambling,do it for  fun.
    Reply
    Stay in school,dont do  it.They will break you in the long haul,if you like  gambling,do it for  fun.
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