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3. 5Dimes 181 total points 5Dimes Review
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5. Pinnacle Sports 148 total points Pinnacle Sports Review
 
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Old 05-11-07, 11:58 PM   #1
pat venditto
 
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Default anyone here make their living solely off of sportsbetting?

I'm attempting to do so and was wondering if anyone here does.
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Old 05-12-07, 12:18 AM   #2
BuddyBear
 
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I wish....i think there are a few guys on here who do so. I think BBD does.....also, IMGV94 guess I does but not sure who else does.
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Old 05-12-07, 12:19 AM   #3
tacomax
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Quote:
Originally Posted by BuddyBear View Post
also, IMGV94 guess I does but not sure who else does.
After the debacle over $100, I think we both know that's not the case.
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Old 05-12-07, 12:34 AM   #4
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I used to do that as my only job and profession for about 5 years and it can be awesome at times cause when you are on a hot streak you have mad BANK coming in. When you are losing it sucks everyone goes hot to cold from time to time so it is all about money management. The only reason I quit is, because I started selling picks and making plays so I guess I still make all my money from sports betting, but it isn't only my money on the line now. It is easily possible though 3 of my closest friends who I have grown up with bet my games and just stay home one of them also plays poker and makes HUGE cash on that the online gambling laws have kind of hurt his poker playing though. Make sure you don't ever lose your head on your hot streaks and ESPECIALLY on cold streaks it is easy to say I have lost 3 straight days and need to get a winning day then bet lights out on your LOCK thinking you are bound to win it this time. That is where you get in the holes and lose. It also depends on how much money you have to start out for instance I started small in college and did it as a fun thing on the side and built a bankroll that I now use and I still don't play that large of plays compared to some full time gamblers. I can't stress enough though money management is the key it is very possible for people to do you just have to keep your bets regular and not lose your head.
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Old 05-12-07, 05:03 AM   #5
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I would like to do it full time. However, I feel that once I quit my real job and did that I would start losing. I bet enough to make it fun and a real nice part time income for me.
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Old 05-12-07, 02:10 PM   #6
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That is probably the smartest way to do it Terpman or you could even increase your bets to make TWO full time incomes which would be kick @$$
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Old 05-12-07, 02:14 PM   #7
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I do... The problem is this baseball season sure is putting a cramp in my bankroll so far. I never expected so much chalk to be cashing these past 3 weeks.
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Old 05-12-07, 04:09 PM   #8
onlòóker
 
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TWO full time incomes which would be kick @$$
Thats basically what I do. I need my job to have medical insurance for my son, and me when these teams give me a heart attack.

Sports betting gives me the freedom to slack off at work and take a few days off here and there and not have to worry about it.
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Old 05-12-07, 06:17 PM   #9
TheProphet
 
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well onlooker you must do it off your baseball betting, because you haven't agreed with my basketball this past month at all and I have been killing. My baseball has been struggling so far on the season. This week has been solid though so that is good.
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Old 05-12-07, 08:38 PM   #10
pico
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Quote:
Originally Posted by onlòóker View Post
Thats basically what I do. I need my job to have medical insurance for my son, and me when these teams give me a heart attack.

Sports betting gives me the freedom to slack off at work and take a few days off here and there and not have to worry about it.
yep, keep your day job because betting full time can make you depressed and crazy. this is suppose to be entertainment...that is what i think of it

my sports winnings just pay for the extra nice things. if i am on a hot streak, i can throw a big party with blackjack and hookers. and when i am cold, my parties will be byob. but the real important thing is to never bet with money you can't afford to lose. the time when i hit a really cold streak and lost my entire bankroll, i am able to pay all the bills plus able to afford going out on the weekends.
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Old 05-12-07, 11:29 PM   #11
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BBD - I never knew you did...congrats...I have just set my goals for the next 24 months to put myself in position to wager for a living.
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Old 05-13-07, 12:08 AM   #12
AC1318
 
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Of course no one here makes a living of gambling, you see the picks made half the time.

no just kidding

please no one get your panties in a bunch
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Old 05-13-07, 02:33 AM   #13
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There are better goals in life to shoot for than to try to be a pro gambler....if you can do it great, but really it is an extremely remote possibility that you can do it no matter how good you think you are. You have to be an elite handicapper...like top 1% or 2% in the world.
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Old 05-13-07, 08:37 PM   #14
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I wish....i think there are a few guys on here who do so. I think BBD does.....also, IMGV94 guess I does but not sure who else does.
I'd lay a big price that this is false.
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Old 12-01-07, 11:11 AM   #15
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It's possible... My friend is pro handicapper. The key is to bet big on your best picks and develop quality systems for each sport.
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Old 12-01-07, 02:45 PM   #16
accuscoresucks
 
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sports investing is about half my income,the other is poker
my first love
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Old 12-01-07, 03:15 PM   #17
accuscoresucks
 
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i also buy and sell cars,im happy if i move 3-4 a year alot of the cars i sell the people around here dont have that kind of cash..my wife works part time just cause she likes to.

if you are a lion,a wolf that can devour a persons heart out you will know that is the breed it takes to have success.if you got it you know. it can be taught but a taught trait needs recharged and is not as apt to the true conditions needed for survival..

it aint no fun going to the local walgreens and buying rogaine every 3 months,
juiceing healthy and taking viatamins every day to drop your blood pressure

Last edited by accuscoresucks; 12-01-07 at 03:42 PM..
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Old 12-01-07, 04:36 PM   #18
prop
 
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Sports betting makes up about 60% of my annual income and I certainly don't consider myself in the top 1-2% of handicappers

I could probably write a several page post on the pros and cons of being a professional gambler but I'll save the boring read and just give a short tip which is:
This is pretty much something you really need to love doing for it even to be worth it to do.

The reason i say that is because with all the time it takes up if you have enough of a bankroll that sports betting as a primary source of income is worth it, then there are probably better options. The same time commitment with cash could be invested elsewhere in ways you could earn a lot more $ or build passive residual income as well.

Thats not even the tip of the iceberg as far as the battle is concerned. The learning curve is intense and: the ability to make quick decision, good problem solving skills, extreme discipline and good money management skills are all pretty much required. If you can handle all that then really the next step is really needing to love doing it otherwise your much better off finding a better use of your bankroll.
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