Looking for some advice regaurding Vegas

Hey guys I'm new to this site and this will be my first post. I have been reading this forum for weeks now but just finally made an account. Have to ask an honest question that I'm sure is going to get mixed responses. First of all, I am graduating college this year with a major in accounting and a minor in ECO/FIN. I am 22 years old and have been sports betting and playing poker since I was 18. I just recently (at the age of 21) realized poker was always a negative while sports betting was always lucrative for me. I do my research on every game and am quite an accomplished capper being able to net a 58% win rate on my entire year last year betting all sports ( NBA, MLB, NFL, NCAAFB, NCAABB.) and 56% the year before that. Ok Ok now that you know who i am, heres the question. Since I was 18 gambling and sports betting is just a part of who I am. I love sports and i love making money with my plays. My question is this, should I look for an accounting job out in vegas and look for a place out there? I need sports betting as a part of my life but at the same time not willing to make it my job for many many years. I live in CT now and will be graduating from Harvard in May. CT is way too boring for me.. I'm already going to have an acocunting job which is boring enough so i figured mixing in vegas would be a good idea. Not sure if any of the Vegas residents have any input for me. The pros and cons and that kind of stuff. Sorry for the way way way too long intro... my future posts will be much shorter. I look forward to talking to all of you and thanks in the advance for the replies! (Hopefully get a reply from Vegas Gourmet) Thanks!!

just realized i spelled regarding wrong in the title ... sorry i'm not retarded just way too late for me now..

KInd of a mixed bag of an answer for you........

First off, expect to earn, conservatively, 50% less out here than you can in the Metropolitan area (NYC)....This is NOT a corporate town and even the Harrahs and MGM's are, at best, mediocre where management is concerned.....the executives at the highest levels are "one-trick ponies" and would...most of them...be useless at their current levels back East.

Second, sportsbetting....as wide a range as you seem to like...will not make you a living out here UNLESS you are "juiced" into information. Coming out here and knowing nobody will, eventually, lower that number to a point below what it would take to live comfortably...typically 56-59%.

There is, however, one group out here that IS connected to the gambling operations....the poker players (especially P.I.). These operations make money by setting their own lines, adjusting those lines in Vegas with early money, then reasserting themselves as the game gets closer....typically football, some basketball...never MLB. The poker players are good for Vegas and, consequently, have access to betting priviledges that many do not have; they, in many cases, are used to make these bets for the syndicates.

Thats my early thought on your question....like I said...a mixed bag of an answer....just some food for thought for you.

If I was your career guidance counselor at Harvard (do they have those anymore?).....and I had your posting on my computer, here would be my answer....

Get a solid entry position in NYC....You don't have to be a "beancounter"..but finding a top-100 corporation and being in Corporate Finance would be a strong plus. Then find a nice place to sublet, maybe near NYU, with a couple of friends (live cheaply), plan a half dozen, or so, trips to Vegas (after your first 6 months at work)....give it a solid 3 years (but start looking after 2 1/2)...then come out to Vegas.

The economy will be better, your resume will be in the top 1 percentile out here, and you will have a better lifestyle and control for what you want out of life out here.

Vegas will still be here in 3 years; but you need to establish yourself first...and establishing yourself out here is a joke.  You could have done a C-level college with a 2.7 gpa and get the best out here.....stay East, come out often...explore the area (especially away from the Strip...Henderson is great).....you will have more to say about your future at 25 than you could do now.

Thanks man I really appreciate the advice!! You're definately one of a kind man. Since I have your help here maybe I can get a little more input from you. I do agree with your decision to wait a few years before coming out west. I was thinking of getting a job possibly in Hartford maybe work for a big 4 accounting firm for a few years (2 or 3) and then come out west. I have been looking at the places in city center and they seem to be a bit expensive especially mandarin oriental and Vdara. Veer seems a little more reasonable but i still think Panarama Tower North beats them both. What is your opinion on living on or off the strip? I like the fact that Panarama North is off the strip but still very close. Any other good places I should check into? I like the idea of a high rise condo but am open to anything. I realize this move wouldn't be for another 3 years or more but I like to be prepared as you can tell. I appreciate all the help once again!

Permit me some basic cynacism.....

If you cannot spell "Panorama"...then perhaps you are not capable of attending and/or graduating Harvard.....

Do me a favor, son, convince me otherwise.

PS....Let me give you the benefit of the doubt.....Hartford is a joke....Are you graduating U of Conn or Harvard?.....

However, I digress.....

First of all my other thread was a sort of joke/ serious question. Of course I would like to talk to anyone who sports bet for a living why wouldn't I want to talk to them? So I think being called a kid using mommys computer is a little uncalled for. Second, this is a forum. Not a test. Not a paper. Not a formal anything. People don't always have to spell correctly here. I do not proofread posts before i post them since this is a forum. Also, to say Hartford is a joke is a little out of your jurisdiction. Hartford is the insurance capital of the world. With many big 4 accounting firms such as Ernst & Young and Delloite. Anyways to answer your question yet again, I will be graduating Harvard in the spring with a major in Accounting and minor in ECO/FIN. So if you can get past this can you please answer my question about the living situation. Because so far all you have done is bag on me for not spelling words right and questioning my degree. I live in CT, and attend Harvard. I would like you to be on my side rather than bagging on me. So if we could put this behind us I would like your true opinion on a living situation that I know you can give me.

Bound...

Typically, when someone new comes into this forum and starts posting multiple threads with little to no knowledge of what they are seeking they turn out to be not who they represent themselves to be.

As to my experience...I was a Management Consultant in NYC for over 30 years...built companies from Investment Management to Fashion....and have serious experience dealing with, both the entry-level crowd as well as CEO's, COO's, and CFO's.

Additionally, I have many years of experience working with major firms out of the NYC-area...to include Hartford and Stamford....and will stand by my assertion that working outside of New York is a detrement to career development as compared to working the same job with the same level of firm in the city.

So, if you were offended by my questioning, then, perhaps, you received a "wake-up call" that will be the first of many for you. Once you cut the cord from the "womb of education" you will see a reality that no one has prepared you for....and, trust me, that includes...first and foremost....Harvard.

 

When you say, "Veer seems more reasonable," what is reasonable?  I'm curious myself.

I don't say this often to anyone, especially to someone I have never met, but VG either you have amazing jedi mind tricks or you truely are one of the most interesting men in the world.  I am not saying this in jest.  Thanks for your contributions again as I think the above is very sound advice for someone just starting out after college.  BOL!

Jesron....thank you for the props...but totally undeserved...

I live by one simple principle:  "If you always tell the truth, then you never have to remember what you said."

So, when I open my mouth...or, in this case, move my fingers on the keyboard....I am not giving opinion, I am stating facts. Facts gained from many errors on my part and even some successes. How the person I am talking to perceives these facts is up to them.

 

Bound....have you ever even visited Las Vegas? If not, do that first a couple times before asking where to live or even considering moving there.

...It's really hot in the summer

Dry heat, dude!!

Well done VG as always

When I was about 21 I planned my first trip out...In JUNE!!!!!!!!!!...Dry heat my ass.  About 115 all week.  I'll take 100 and muggy here in Baltimore. 

JUne???...what a sissy.....Try August.,..NOW, there is some fine HEAT!!

But...you do have the best crab cakes in the country.....I used to go to a restaurant in a strip mall in Towson...across from the Sheraton....had to eat at least 4 orders!!!

Dig it.