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    All Forums | Systems & Strategies

    make a living betting sports is it possible?

    BUSTERDOUGLASS
    Moneygod
    YungTycoon
    JEFFTHEHAT
    Kababayan
    ...
    Participants:
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    Views: 5606
    Posts: 8
     
    BUSTERDOUGLASS
    BUSTERDOUGLASS
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    Posts: 176
    Posted: Feb. 11, 2014 - 11:34 AM ET #1

    Well for sure it's being done today as always with certain restrictions or rules written in stone of course money management which 3% to 5% of bank per game

    this all yaer long guys football baskets Bases i do

    others do NHL i just couldnt get a handle on it doing other 3

    i do nottouch college sports too many teams to follow pros you have 32  in each laegue i think

    SO where you live using several solid offshore books so you stay under radar heres what you need a starting bankrool or income from job at laest $25 thou

    your risk per game is 3% which is $750 to win $675

    ok 365 days a year we go for 3 games a day = 1095 bets

    we strive for specific situational edges i'm easily going to hit 60% or better

    ok i'll make it easy 58% = 635.1 wins ..... 460 loses rounded off

    $460 X 750 = $345,000 $635 X 675$=$428,625 = $83,625 per year income X 10 years = $836,250

    stsick with money managent and these rules also

    NEVER gamble when tired, hunbgry, drunk, or high

    never wager for the sake of having action as in at local sports bar with buddies you all decide to bet Packers - 10 vs Bears MNF without handicapping as normal your all buzzed from drinking and you know the result 100% losers.

    Never gamble when life is stiffing you hard as in family, health close freinds in hospital any stressfull situtaion just do not make a wager untill your head is free.

    never ever force a side if any doubts pass that game there's always tomorrow.

    every game is an investment NOT a Play your making $ not winning money it's now your own bussines.

    have a great day




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    To remove first post, remove entire topic.
    Well for sure it's being done today as always with certain restrictions or rules written in stone of course money management which 3% to 5% of bank per game

    this all yaer long guys football baskets Bases i do

    others do NHL i just couldnt get a handle on it doing other 3

    i do nottouch college sports too many teams to follow pros you have 32  in each laegue i think

    SO where you live using several solid offshore books so you stay under radar heres what you need a starting bankrool or income from job at laest $25 thou

    your risk per game is 3% which is $750 to win $675

    ok 365 days a year we go for 3 games a day = 1095 bets

    we strive for specific situational edges i'm easily going to hit 60% or better

    ok i'll make it easy 58% = 635.1 wins ..... 460 loses rounded off

    $460 X 750 = $345,000 $635 X 675$=$428,625 = $83,625 per year income X 10 years = $836,250

    stsick with money managent and these rules also

    NEVER gamble when tired, hunbgry, drunk, or high

    never wager for the sake of having action as in at local sports bar with buddies you all decide to bet Packers - 10 vs Bears MNF without handicapping as normal your all buzzed from drinking and you know the result 100% losers.

    Never gamble when life is stiffing you hard as in family, health close freinds in hospital any stressfull situtaion just do not make a wager untill your head is free.

    never ever force a side if any doubts pass that game there's always tomorrow.

    every game is an investment NOT a Play your making $ not winning money it's now your own bussines.

    have a great day




     
    Moneygod
    Moneygod
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    Posts: 17
    Posted: Feb. 11, 2014 - 12:16 PM ET #2

    Great post....thank you for it ...
    Can you just go over how you apply this to your baseball system in detail once more?
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    Great post....thank you for it ...
    Can you just go over how you apply this to your baseball system in detail once more?
     
    BUSTERDOUGLASS
    BUSTERDOUGLASS
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    Posts: 176
    Posted: Feb. 12, 2014 - 11:00 AM ET #3

    Moneygod bases is the one sports that is statiscally perfect

    Yahoo sports had every detail of teams pitchers and history vs teams away n home but fooked it all over

    now i use https://espn.go.com/mlb/teams

    must have this info the simple system works and even 45% winners puts you in huge profits cause your average pay back is +140 i play favorites when the dogs just start towel tossing season but many teams after making playoffs will dumpb final 10 games of year and wow it's clean up time for us then.

    +160 average

    I never ever bet run lines especially on home teams because they do not need to bat in bottom of 9th

    thats when you get dry f...uck..ed team is up by 3 bang bang two ruuns scored with two out's and youn lost

    money wise betting simple cut your fav action in half $50 to win $25 or whatever or $20 to win $10

    DOGS go full or double this way if you lose a favorite you lost only $50 then hit the dog full at +120 your up $70

    strive for when you have top two starters going at it  perfect is the aging old ace vs a younger ace

    take the DOG period

    a lot of teams you catch after playing a DH then have to travel next day vs a rested team or played extra innings like to 14 team will be tired ....... pitcher will be fresh but team will be on short rest and lose

    Same thing in Bases emotional wins like beating top div rival 3 staright games last game players diving into stands and flying all over to catch balls to save thier young starters win

    next series vs a non div team away or at home might get swept.

    Many teams will avenge losses when at home like within 2 weeks time that is lose all 3 @ others house then rematch at thier house bang bang bang

    Many teams go nuts one game like scoring 15 runs only giving up 3 or less these teams will fail next game no matter who they face simply because it will stiffer starter and only put up 2 or 3 runs or 1 and lose 2-1   3- 2 etc...

    has to be a profile correction after record setting or history making performances what goes up must come down.

    Thats about it  have fun


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    Moneygod bases is the one sports that is statiscally perfect

    Yahoo sports had every detail of teams pitchers and history vs teams away n home but fooked it all over

    now i use https://espn.go.com/mlb/teams

    must have this info the simple system works and even 45% winners puts you in huge profits cause your average pay back is +140 i play favorites when the dogs just start towel tossing season but many teams after making playoffs will dumpb final 10 games of year and wow it's clean up time for us then.

    +160 average

    I never ever bet run lines especially on home teams because they do not need to bat in bottom of 9th

    thats when you get dry f...uck..ed team is up by 3 bang bang two ruuns scored with two out's and youn lost

    money wise betting simple cut your fav action in half $50 to win $25 or whatever or $20 to win $10

    DOGS go full or double this way if you lose a favorite you lost only $50 then hit the dog full at +120 your up $70

    strive for when you have top two starters going at it  perfect is the aging old ace vs a younger ace

    take the DOG period

    a lot of teams you catch after playing a DH then have to travel next day vs a rested team or played extra innings like to 14 team will be tired ....... pitcher will be fresh but team will be on short rest and lose

    Same thing in Bases emotional wins like beating top div rival 3 staright games last game players diving into stands and flying all over to catch balls to save thier young starters win

    next series vs a non div team away or at home might get swept.

    Many teams will avenge losses when at home like within 2 weeks time that is lose all 3 @ others house then rematch at thier house bang bang bang

    Many teams go nuts one game like scoring 15 runs only giving up 3 or less these teams will fail next game no matter who they face simply because it will stiffer starter and only put up 2 or 3 runs or 1 and lose 2-1   3- 2 etc...

    has to be a profile correction after record setting or history making performances what goes up must come down.

    Thats about it  have fun


     
    BUSTERDOUGLASS
    BUSTERDOUGLASS
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    Posts: 176
    Posted: Feb. 12, 2014 - 11:06 AM ET #4

    ops of course NEVER EVER bet against the streaks

    fade losing teams stay on winning teams i had streks against losers go 17 straight 20 straight 10 straight 7 staright and many times were favored

    the winners hit streaks to 5 staright to 12 staright wins because they meet up with losers with favorable pitching matchups
    like thier # 1 # 2 # 3 facing the losers 3rd 4th n 5th

    also fade any pitcher's 1st start back off DL they are not in game shape and are monitored limited pitch count and get pulled


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    ops of course NEVER EVER bet against the streaks

    fade losing teams stay on winning teams i had streks against losers go 17 straight 20 straight 10 straight 7 staright and many times were favored

    the winners hit streaks to 5 staright to 12 staright wins because they meet up with losers with favorable pitching matchups
    like thier # 1 # 2 # 3 facing the losers 3rd 4th n 5th

    also fade any pitcher's 1st start back off DL they are not in game shape and are monitored limited pitch count and get pulled


     
    YungTycoon
    YungTycoon
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    Joined: Feb, 2014
    Posts: 5
    Posted: Feb. 12, 2014 - 12:15 PM ET #5

    Busterdouglass,
    You seem like you've been doing this a long time. I've been betting but for a couple years (not too long). Couple of those years in the red couple in the black but overall I'd day in the red. I've been doing mostly chase method but have decided to cut out chasing and just follow the normal straight betting system of 2-3% of bankroll. The chase is too stressful on me.
    Was woundering, will you be posting some of your picks for us straight betters to follow?

    Regards
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    Busterdouglass,
    You seem like you've been doing this a long time. I've been betting but for a couple years (not too long). Couple of those years in the red couple in the black but overall I'd day in the red. I've been doing mostly chase method but have decided to cut out chasing and just follow the normal straight betting system of 2-3% of bankroll. The chase is too stressful on me.
    Was woundering, will you be posting some of your picks for us straight betters to follow?

    Regards
     
    JEFFTHEHAT
    JEFFTHEHAT
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    Joined: Aug, 2010
    Posts: 3843
    Posted: Feb. 12, 2014 - 12:38 PM ET #6

    Quote Originally Posted by YungTycoon:

    Busterdouglass,
    You seem like you've been doing this a long time. I've been betting but for a couple years (not too long). Couple of those years in the red couple in the black but overall I'd day in the red. I've been doing mostly chase method but have decided to cut out chasing and just follow the normal straight betting system of 2-3% of bankroll. The chase is too stressful on me.
    Was woundering, will you be posting some of your picks for us straight betters to follow?

    Regards

    Don't hold your breathe!   
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    Quote Originally Posted by YungTycoon:

    Busterdouglass,
    You seem like you've been doing this a long time. I've been betting but for a couple years (not too long). Couple of those years in the red couple in the black but overall I'd day in the red. I've been doing mostly chase method but have decided to cut out chasing and just follow the normal straight betting system of 2-3% of bankroll. The chase is too stressful on me.
    Was woundering, will you be posting some of your picks for us straight betters to follow?

    Regards

    Don't hold your breathe!   
     
    Kababayan
    Kababayan
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    Joined: Mar, 2012
    Posts: 114
    Posted: Feb. 22, 2014 - 2:17 PM ET #7

    I've been thinking of the topic of "sports betting for living" for a while now, coming at it from the view of a business owner.  I didn't realize that this response would be so long, so I do apologize in advance for its length.  I'm sure that some of us got into this with the hopes of quitting our day-jobs and letting sports betting take care of us (myself included.)  I do think, however, that it would be very challenging to bet on sports for a living.

    The main reason is that most of us don't have a large enough bankroll to begin with.  A person would have to make enough money betting on sports to pay for a mortgage, health insurance, car payment, retirement accounts, and income taxes.  Some would argue that you can just not claim most of the winnings, as to not pay taxes on it, but without showing income a person can't buy a house, car, etc.  No one wants to work just to make ends meet, so a sports bettor would also have to make enough money to put away for savings and losing streaks.  Keeping in mind that many "real jobs" (company jobs) offer help with health insurance and the matching of 401K's, so as a sports bettor you would have to make more money than most to be able to comfortably cover all of the expenses that some "real jobs" help with.  To cover all of that, I think a sports bettor would have to make $100,000 a year min (especially if they lived on the coasts) to cover taxes, health insurance, and have enough left over for all other responsibilities. Let's say that a person averages 80 units a year profit consistently.  Even if that person bet $1000 a game, there still would not be enough yearly profit to comfortably bet on sports for a living.  
    I've heard many people say that if you find a system that averages 55% a year, you would be rich.  I don't think that's realistic for most of us because we don't bet large enough wagers, and it would take too long to build to that size of a wager.  I'm guessing that most people who begin betting on sports start with $10 units, myself included.  Let's say that I win 80 units a year (which is pretty good), by the end of the year I'm only up $800.  Even if I have the discipline and patience to reinvest my profits and increase unit size, it would take me many, many years to build up enough money to have a good size bankroll needed to make serious money at this.   That is the situation that I am in now; patiently taking my time to build my bankroll so that 5-10 years from now I can get it to a size where I can actually make some decent money. My goal is to one day be able to bet $100 a game, which I think is the minimum needed to make even a small, significant amount betting on sports.  I'm not even close to that unit size yet. 

    After doing this for just three years, I have given up on my dream of sports investing for a living and decided to re-structure how I view sports betting.  I now just want to make enough money to help fully fund my and my wife's retirement fund accounts.  If I can do that, then all of the time sports betting will be worth it.  I think that's a more realistic goal for most of us who do not have huge bankrolls.  If all of us began with a $100,000 bankroll,  I think most of us would succeed pretty well, but we don't have that size of a bankroll so we can just do enough to keep us in the game and be a part of the sports betting community. I do have to say that I have learned a lot from the people at this forum.  Most other sports forums that I have visited do not have the mutual respect and camaraderie that this one has.  Thank you to all and I look forward to all of our collaborative successes on the sports betting journey.

    I will end by sharing what a sports bettor told me when I first began. He said, "I bet on sports for a living, but I have a real job during the day to pay for my health insurance, 401k, and my bills. That way I won't stress too much over the losing days"  Good luck to all.
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    I've been thinking of the topic of "sports betting for living" for a while now, coming at it from the view of a business owner.  I didn't realize that this response would be so long, so I do apologize in advance for its length.  I'm sure that some of us got into this with the hopes of quitting our day-jobs and letting sports betting take care of us (myself included.)  I do think, however, that it would be very challenging to bet on sports for a living.

    The main reason is that most of us don't have a large enough bankroll to begin with.  A person would have to make enough money betting on sports to pay for a mortgage, health insurance, car payment, retirement accounts, and income taxes.  Some would argue that you can just not claim most of the winnings, as to not pay taxes on it, but without showing income a person can't buy a house, car, etc.  No one wants to work just to make ends meet, so a sports bettor would also have to make enough money to put away for savings and losing streaks.  Keeping in mind that many "real jobs" (company jobs) offer help with health insurance and the matching of 401K's, so as a sports bettor you would have to make more money than most to be able to comfortably cover all of the expenses that some "real jobs" help with.  To cover all of that, I think a sports bettor would have to make $100,000 a year min (especially if they lived on the coasts) to cover taxes, health insurance, and have enough left over for all other responsibilities. Let's say that a person averages 80 units a year profit consistently.  Even if that person bet $1000 a game, there still would not be enough yearly profit to comfortably bet on sports for a living.  
    I've heard many people say that if you find a system that averages 55% a year, you would be rich.  I don't think that's realistic for most of us because we don't bet large enough wagers, and it would take too long to build to that size of a wager.  I'm guessing that most people who begin betting on sports start with $10 units, myself included.  Let's say that I win 80 units a year (which is pretty good), by the end of the year I'm only up $800.  Even if I have the discipline and patience to reinvest my profits and increase unit size, it would take me many, many years to build up enough money to have a good size bankroll needed to make serious money at this.   That is the situation that I am in now; patiently taking my time to build my bankroll so that 5-10 years from now I can get it to a size where I can actually make some decent money. My goal is to one day be able to bet $100 a game, which I think is the minimum needed to make even a small, significant amount betting on sports.  I'm not even close to that unit size yet. 

    After doing this for just three years, I have given up on my dream of sports investing for a living and decided to re-structure how I view sports betting.  I now just want to make enough money to help fully fund my and my wife's retirement fund accounts.  If I can do that, then all of the time sports betting will be worth it.  I think that's a more realistic goal for most of us who do not have huge bankrolls.  If all of us began with a $100,000 bankroll,  I think most of us would succeed pretty well, but we don't have that size of a bankroll so we can just do enough to keep us in the game and be a part of the sports betting community. I do have to say that I have learned a lot from the people at this forum.  Most other sports forums that I have visited do not have the mutual respect and camaraderie that this one has.  Thank you to all and I look forward to all of our collaborative successes on the sports betting journey.

    I will end by sharing what a sports bettor told me when I first began. He said, "I bet on sports for a living, but I have a real job during the day to pay for my health insurance, 401k, and my bills. That way I won't stress too much over the losing days"  Good luck to all.
     
     
    Goodsy
    Goodsy
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    Joined: Aug, 2013
    Posts: 528
    Posted: Feb. 22, 2014 - 3:26 PM ET #8

    I bet to put myself in a position so that the winnings will supplement my income.

    Also to win enough to invest in areas other than betting.

    My bankroll was very small to start with.. Slowly and patiently growing it.
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    I bet to put myself in a position so that the winnings will supplement my income.

    Also to win enough to invest in areas other than betting.

    My bankroll was very small to start with.. Slowly and patiently growing it.
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