What is the evidence behind your statement that "the top pros operate out of Vegas"?
You make a statement like that - I assume you have some sort of reason for making it.
lol
What kind of evidence do you want? I know a bunch of them, so I could ask them for their bank statements, list of assets. They might think that is a bit weird though.....as do I. What kind of proof do you want?
I don't want to argue with you Van, as I have a ton of respect for you. I also would agree with you that a lot of pros don't live in Vegas and bet off shore/on-line, hell I know guys in Vegas that have Pinnacle accounts. But, there are hundreds if not thousands of pros operating out of Vegas, and no one has answered my original question?
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Quote Originally Posted by vanzack:
I would answer your question with a question.
What is the evidence behind your statement that "the top pros operate out of Vegas"?
You make a statement like that - I assume you have some sort of reason for making it.
lol
What kind of evidence do you want? I know a bunch of them, so I could ask them for their bank statements, list of assets. They might think that is a bit weird though.....as do I. What kind of proof do you want?
I don't want to argue with you Van, as I have a ton of respect for you. I also would agree with you that a lot of pros don't live in Vegas and bet off shore/on-line, hell I know guys in Vegas that have Pinnacle accounts. But, there are hundreds if not thousands of pros operating out of Vegas, and no one has answered my original question?
Awesome van- I got nothing against u. You got incredible wisdom and I respect u. It's just I know in my heart I can do this I don't care if everyone thinks I can't because I know deep down I can. U prob have a ton if money so losing 5K won't bother u much but Ull be out that scrill brother. And I'll happily take the 1-2K or whatever u wanna pay me too!! Haha
GL - this is one bet I will be happy to lose.
Support your local animal shelter. I am on twitter.
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Quote Originally Posted by collegegambler:
Awesome van- I got nothing against u. You got incredible wisdom and I respect u. It's just I know in my heart I can do this I don't care if everyone thinks I can't because I know deep down I can. U prob have a ton if money so losing 5K won't bother u much but Ull be out that scrill brother. And I'll happily take the 1-2K or whatever u wanna pay me too!! Haha
What kind of evidence do you want? I know a bunch of them, so I could ask them for their bank statements, list of assets. They might think that is a bit weird though.....as do I. What kind of proof do you want?
I don't want to argue with you Van, as I have a ton of respect for you. I also would agree with you that a lot of pros don't live in Vegas and bet off shore/on-line, hell I know guys in Vegas that have Pinnacle accounts. But, there are hundreds if not thousands of pros operating out of Vegas, and no one has answered my original question?
No argument intended. Really. Sorry if it seemed that way - it was not my intent.
It was a real question. I am just one person with one perspective. I don't know the people you know, and I certainly don't know where the top pro sports bettors operate.
I do have an idea of the ingredients it would take for a top pro sports bettor to be successful - and it would seem to me that Vegas doesn't have very many of those ingredients. That is why I asked the question to you.
It was really in terms of understanding how someone could make it paying -110 in vegas - and why they would be there when they could do almost everything bettor away from Vegas. That's all.
Support your local animal shelter. I am on twitter.
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Quote Originally Posted by mbialowas:
lol
What kind of evidence do you want? I know a bunch of them, so I could ask them for their bank statements, list of assets. They might think that is a bit weird though.....as do I. What kind of proof do you want?
I don't want to argue with you Van, as I have a ton of respect for you. I also would agree with you that a lot of pros don't live in Vegas and bet off shore/on-line, hell I know guys in Vegas that have Pinnacle accounts. But, there are hundreds if not thousands of pros operating out of Vegas, and no one has answered my original question?
No argument intended. Really. Sorry if it seemed that way - it was not my intent.
It was a real question. I am just one person with one perspective. I don't know the people you know, and I certainly don't know where the top pro sports bettors operate.
I do have an idea of the ingredients it would take for a top pro sports bettor to be successful - and it would seem to me that Vegas doesn't have very many of those ingredients. That is why I asked the question to you.
It was really in terms of understanding how someone could make it paying -110 in vegas - and why they would be there when they could do almost everything bettor away from Vegas. That's all.
Do you get real odds parlays? (in other words, is it a true rollover)
Hay Vanzack, my win percentage is about 55% on my two team parlays (thats roughly) I try and pick my two best teams and i try 90% of the time having odds greater then $1.60
Before last year MLB I was only betting for some fun and never took it seriously but after taking MLB very serious last year I was up over $12K but loss half of it on a stupid hedge bet and my idea last year was two team parlays and when i liked one team good just a straight bet.
But I'm after some good advice and help with my betting.
I also like to get a minimum of 3:1 on my two team parlays
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Quote Originally Posted by vanzack:
What is your win percentage?
Do you get real odds parlays? (in other words, is it a true rollover)
Hay Vanzack, my win percentage is about 55% on my two team parlays (thats roughly) I try and pick my two best teams and i try 90% of the time having odds greater then $1.60
Before last year MLB I was only betting for some fun and never took it seriously but after taking MLB very serious last year I was up over $12K but loss half of it on a stupid hedge bet and my idea last year was two team parlays and when i liked one team good just a straight bet.
But I'm after some good advice and help with my betting.
I also like to get a minimum of 3:1 on my two team parlays
Hay Vanzack, my win percentage is about 55% on my two team parlays (thats roughly) I try and pick my two best teams and i try 90% of the time having odds greater then $1.60
Before last year MLB I was only betting for some fun and never took it seriously but after taking MLB very serious last year I was up over $12K but loss half of it on a stupid hedge bet and my idea last year was two team parlays and when i liked one team good just a straight bet.
But I'm after some good advice and help with my betting.
I also like to get a minimum of 3:1 on my two team parlays
OK.
Here is the basic high level rule with parlays:
#1. You must get true rollover odds. In other words, when you bet a parlay on 2 teams that are -150 and -160, you are actually getting that full and real payout. Some books will shave off money (or the line if you want to think of it that way). A true rollover parlay will pay roughly 170 profit on a 100 wager with a -150 and a -160 team in it. If your book is only going to pay you 160 on a 100 wager - never bet parlays.
Parlays basically ramp up - or exponentially increase or decrease your profits based on your winning percentage. So if you can consistently beat the baseball line, and get true rollover odds - betting parlays is the way to go if your bankroll is big enough to handle variance. But keep in mind - that if you are a loser - it also exponentially makes your losses worse.
A lot of people blindly say that parlays are bad bets. They are definitely bad bets for losing or breakeven gamblers. But if you can pick above 53% consistently on football for example - and get true odds parlays - they are a very good bet. Bankroll is another consideration - but for now - hopefully that gives you something to think about.
Support your local animal shelter. I am on twitter.
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Quote Originally Posted by Moo009:
Hay Vanzack, my win percentage is about 55% on my two team parlays (thats roughly) I try and pick my two best teams and i try 90% of the time having odds greater then $1.60
Before last year MLB I was only betting for some fun and never took it seriously but after taking MLB very serious last year I was up over $12K but loss half of it on a stupid hedge bet and my idea last year was two team parlays and when i liked one team good just a straight bet.
But I'm after some good advice and help with my betting.
I also like to get a minimum of 3:1 on my two team parlays
OK.
Here is the basic high level rule with parlays:
#1. You must get true rollover odds. In other words, when you bet a parlay on 2 teams that are -150 and -160, you are actually getting that full and real payout. Some books will shave off money (or the line if you want to think of it that way). A true rollover parlay will pay roughly 170 profit on a 100 wager with a -150 and a -160 team in it. If your book is only going to pay you 160 on a 100 wager - never bet parlays.
Parlays basically ramp up - or exponentially increase or decrease your profits based on your winning percentage. So if you can consistently beat the baseball line, and get true rollover odds - betting parlays is the way to go if your bankroll is big enough to handle variance. But keep in mind - that if you are a loser - it also exponentially makes your losses worse.
A lot of people blindly say that parlays are bad bets. They are definitely bad bets for losing or breakeven gamblers. But if you can pick above 53% consistently on football for example - and get true odds parlays - they are a very good bet. Bankroll is another consideration - but for now - hopefully that gives you something to think about.
I am routing for you buddy and I love your frankness,etc, but the odds are unfortunately against you. I don't want to restate what Vanzack said, (who is arguably the sharpest capper/analyst in covers), but let me explain in another way. The risk to ruin in sports with 10% vig is just terrible! Let me say another way: -110 friggin SUCKS AND BLOWS BIG GOAT BALLS! Your risk to ruin is much more substantial over the long term losing a few points of vig and you're giving up to 5% point of vig + over what you could shop for online if you are crafty. When you are betting even nickles (forget about dimes), ITS HUGE over the long haul. It just is this way and you need to trust us. The breakeven % get skewed off and it can turn a small loss into a substantial loss in the long haul. This is common sense of course but please acknowledge it is what it is. The second thing is your bankroll is not big enough. To meet a cash flow demand of 3K per month and betting on 10% vig you will need a bankroll of 100K +. Look, I know that's what you don't want to hear but again it is what it is. That's the math behind this model. Short term maybe you pull out a higher % but it reverses longterm and if you're making a few % about breakeven that's what dreams are made of and that's why you need a Fat behind bank roll. In summation I've been around vegas in the days of the stardust on the strip and have seen some decent cappers who have been at it for quite some time, get there cookies tossed by sports gambling. Most of them left vegas and got normal jobs again, few turned tout cold calling,one got murdered, and one died of an overdose shooting up. Enjoy your "VACATION" and be safe!
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Collegegambler,
I am routing for you buddy and I love your frankness,etc, but the odds are unfortunately against you. I don't want to restate what Vanzack said, (who is arguably the sharpest capper/analyst in covers), but let me explain in another way. The risk to ruin in sports with 10% vig is just terrible! Let me say another way: -110 friggin SUCKS AND BLOWS BIG GOAT BALLS! Your risk to ruin is much more substantial over the long term losing a few points of vig and you're giving up to 5% point of vig + over what you could shop for online if you are crafty. When you are betting even nickles (forget about dimes), ITS HUGE over the long haul. It just is this way and you need to trust us. The breakeven % get skewed off and it can turn a small loss into a substantial loss in the long haul. This is common sense of course but please acknowledge it is what it is. The second thing is your bankroll is not big enough. To meet a cash flow demand of 3K per month and betting on 10% vig you will need a bankroll of 100K +. Look, I know that's what you don't want to hear but again it is what it is. That's the math behind this model. Short term maybe you pull out a higher % but it reverses longterm and if you're making a few % about breakeven that's what dreams are made of and that's why you need a Fat behind bank roll. In summation I've been around vegas in the days of the stardust on the strip and have seen some decent cappers who have been at it for quite some time, get there cookies tossed by sports gambling. Most of them left vegas and got normal jobs again, few turned tout cold calling,one got murdered, and one died of an overdose shooting up. Enjoy your "VACATION" and be safe!
Please excuse my ignorance can you explain A true rollover parlay
Im still very much learning on the go and its not often you find people willing to give good advice.
It means you get the full odds of a bet and don't get your odds "shaved" off because it's a parlay. Let me give you an example: We bet $1 on the outcome of a coin toss. You win. I give you back your dollar plus a dollar. (Let's say you paid me up front like you do for a bet ticket at a casino.) We decide to go double or nothing. You win. You get $2 more dollars profit, for a total of a $3 profit on a $1 opening stake, or +300. Those are the true odds: 1-in-4 is +300 and you have a 1-in-4 chance of winning two straight coin tosses.
Casinos, of course, juice their bets (coin tosses at -110). But casinos also like to shave off extra juice on parlays, for instance on two -110 games the true odds on a parlay should be around +264 (my math could be off, I'm doing this on paper at the moment) but most casinos pay you at +260. They take a little extra, ostensibly to make the numbers more round, but also to just take more money from you.
If you think this is bad, wait until you hear about breakage on the horses...
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Quote Originally Posted by Moo009:
hay vanzack
Please excuse my ignorance can you explain A true rollover parlay
Im still very much learning on the go and its not often you find people willing to give good advice.
It means you get the full odds of a bet and don't get your odds "shaved" off because it's a parlay. Let me give you an example: We bet $1 on the outcome of a coin toss. You win. I give you back your dollar plus a dollar. (Let's say you paid me up front like you do for a bet ticket at a casino.) We decide to go double or nothing. You win. You get $2 more dollars profit, for a total of a $3 profit on a $1 opening stake, or +300. Those are the true odds: 1-in-4 is +300 and you have a 1-in-4 chance of winning two straight coin tosses.
Casinos, of course, juice their bets (coin tosses at -110). But casinos also like to shave off extra juice on parlays, for instance on two -110 games the true odds on a parlay should be around +264 (my math could be off, I'm doing this on paper at the moment) but most casinos pay you at +260. They take a little extra, ostensibly to make the numbers more round, but also to just take more money from you.
If you think this is bad, wait until you hear about breakage on the horses...
And why we are on this topic, the most important thing you can do as a bettor is to find the lowest juice possible. I brought this up early in CG's long thread but it fell on deaf ears. The old days of Matchbook allowed you to bet games at basically -101 plus small commissions that made it like -102. This was SO much better than -110 it isn't even funny. A monkey throwing darts at a board needs just one or two lucky bounces a year to make a profit betting at -102. Yet people still want to bet -110 lines with locals, in Vegas, etc.
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And why we are on this topic, the most important thing you can do as a bettor is to find the lowest juice possible. I brought this up early in CG's long thread but it fell on deaf ears. The old days of Matchbook allowed you to bet games at basically -101 plus small commissions that made it like -102. This was SO much better than -110 it isn't even funny. A monkey throwing darts at a board needs just one or two lucky bounces a year to make a profit betting at -102. Yet people still want to bet -110 lines with locals, in Vegas, etc.
I would answer your statement with an inquiry, because I am a blowhard who is so intelligent and erudite that I hang out on Covers trying to impress novice gamblers with my faux acumen and mastery of fuzzy math.
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I would answer your statement with an inquiry, because I am a blowhard who is so intelligent and erudite that I hang out on Covers trying to impress novice gamblers with my faux acumen and mastery of fuzzy math.
No argument intended. Really. Sorry if it seemed that way - it was not my intent.
It was a real question. I am just one person with one perspective. I don't know the people you know, and I certainly don't know where the top pro sports bettors operate.
I do have an idea of the ingredients it would take for a top pro sports bettor to be successful - and it would seem to me that Vegas doesn't have very many of those ingredients. That is why I asked the question to you.
It was really in terms of understanding how someone could make it paying -110 in vegas - and why they would be there when they could do almost everything bettor away from Vegas. That's all.
I agree -105 is much better than -110, thats a given. Like I said though, there are multiple reason pros gravitate towards Vegas. (Not all pros). Cash in hand being one. I'll give you another: Legality. A lot of grey area when it comes to online gambling within the US. For most pros, this is a job and they want everything to be on the up and up, and in Vegas you can make a career out of it without worrying about the legalities(don't attack me on this one I know 99% of you bet online)
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Quote Originally Posted by vanzack:
No argument intended. Really. Sorry if it seemed that way - it was not my intent.
It was a real question. I am just one person with one perspective. I don't know the people you know, and I certainly don't know where the top pro sports bettors operate.
I do have an idea of the ingredients it would take for a top pro sports bettor to be successful - and it would seem to me that Vegas doesn't have very many of those ingredients. That is why I asked the question to you.
It was really in terms of understanding how someone could make it paying -110 in vegas - and why they would be there when they could do almost everything bettor away from Vegas. That's all.
I agree -105 is much better than -110, thats a given. Like I said though, there are multiple reason pros gravitate towards Vegas. (Not all pros). Cash in hand being one. I'll give you another: Legality. A lot of grey area when it comes to online gambling within the US. For most pros, this is a job and they want everything to be on the up and up, and in Vegas you can make a career out of it without worrying about the legalities(don't attack me on this one I know 99% of you bet online)
What kind of evidence do you want? I know a bunch of them, so I could ask them for their bank statements, list of assets. They might think that is a bit weird though.....as do I. What kind of proof do you want?
I don't want to argue with you Van, as I have a ton of respect for you. I also would agree with you that a lot of pros don't live in Vegas and bet off shore/on-line, hell I know guys in Vegas that have Pinnacle accounts. But, there are hundreds if not thousands of pros operating out of Vegas, and no one has answered my original question?
I can confirm this. I can also confirm without saying names that a few BIG NAME off shore and Canadian sports books supply local agents here in Las Vegas that meet personally with their edge players every week to settle up. The players that deal with these agents also do not have to post funds to the site. They are extended credit. These players are the biggest around these parts.I don't personally believe that there are more than 50 of what I would call significant high profile players here. just some info that could possibly explain las vegas as a operating point for some as I happen to agree that it seems to me there would be better places to work from IMO. In closing, i'll also add, you don't just wake up and call these off shore books and get extended credit...the guys that have it are good for the money and very very large players.
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Quote Originally Posted by mbialowas:
lol
What kind of evidence do you want? I know a bunch of them, so I could ask them for their bank statements, list of assets. They might think that is a bit weird though.....as do I. What kind of proof do you want?
I don't want to argue with you Van, as I have a ton of respect for you. I also would agree with you that a lot of pros don't live in Vegas and bet off shore/on-line, hell I know guys in Vegas that have Pinnacle accounts. But, there are hundreds if not thousands of pros operating out of Vegas, and no one has answered my original question?
I can confirm this. I can also confirm without saying names that a few BIG NAME off shore and Canadian sports books supply local agents here in Las Vegas that meet personally with their edge players every week to settle up. The players that deal with these agents also do not have to post funds to the site. They are extended credit. These players are the biggest around these parts.I don't personally believe that there are more than 50 of what I would call significant high profile players here. just some info that could possibly explain las vegas as a operating point for some as I happen to agree that it seems to me there would be better places to work from IMO. In closing, i'll also add, you don't just wake up and call these off shore books and get extended credit...the guys that have it are good for the money and very very large players.
I can confirm this. I can also confirm without saying names that a few BIG NAME off shore and Canadian sports books supply local agents here in Las Vegas that meet personally with their edge players every week to settle up. The players that deal with these agents also do not have to post funds to the site. They are extended credit. These players are the biggest around these parts.I don't personally believe that there are more than 50 of what I would call significant high profile players here. just some info that could possibly explain las vegas as a operating point for some as I happen to agree that it seems to me there would be better places to work from IMO. In closing, i'll also add, you don't just wake up and call these off shore books and get extended credit...the guys that have it are good for the money and very very large players.
I doubt there's any Canadian sportbooks that take big action. If you know some please tell me.
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Quote Originally Posted by JicJac:
I can confirm this. I can also confirm without saying names that a few BIG NAME off shore and Canadian sports books supply local agents here in Las Vegas that meet personally with their edge players every week to settle up. The players that deal with these agents also do not have to post funds to the site. They are extended credit. These players are the biggest around these parts.I don't personally believe that there are more than 50 of what I would call significant high profile players here. just some info that could possibly explain las vegas as a operating point for some as I happen to agree that it seems to me there would be better places to work from IMO. In closing, i'll also add, you don't just wake up and call these off shore books and get extended credit...the guys that have it are good for the money and very very large players.
I doubt there's any Canadian sportbooks that take big action. If you know some please tell me.
I doubt there's any Canadian sportbooks that take big action. If you know some please tell me.
well I know of atleast 1 that has an agent here and will take what I consider to be large money from a specific player. so, that's why I included Canadian books.
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Quote Originally Posted by Laroja:
I doubt there's any Canadian sportbooks that take big action. If you know some please tell me.
well I know of atleast 1 that has an agent here and will take what I consider to be large money from a specific player. so, that's why I included Canadian books.
Don't listen to people who don't think you will do it. Don't take it personally either. They are just playing the odds. You knew the odds were against you. It's easy to say you won't be successful, because most are not. Does not mean you can't do it. It's nice of you to share your plays with everyone here. All it does is put more pressure on you, yet you're nice enough to do it. Do your thing man. At least you had the ballls to try. If you fail, no biggie. It's a life lesson. You can do it, CG. A lot of us have faith in you.
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College Gambler -
Don't listen to people who don't think you will do it. Don't take it personally either. They are just playing the odds. You knew the odds were against you. It's easy to say you won't be successful, because most are not. Does not mean you can't do it. It's nice of you to share your plays with everyone here. All it does is put more pressure on you, yet you're nice enough to do it. Do your thing man. At least you had the ballls to try. If you fail, no biggie. It's a life lesson. You can do it, CG. A lot of us have faith in you.
Hey CG, I truly appreciate you are documenting and sharing this journey with us, I wish you nothing but the best and hope you succeed! Keep rolling bro!
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Hey CG, I truly appreciate you are documenting and sharing this journey with us, I wish you nothing but the best and hope you succeed! Keep rolling bro!
CG, I was following you, but your thread has turned into a three ring circus that takes 20 minutes to load. So now's the time to ask you a question I'm sure you covered but I never saw it..
1. What happens when the well runs dry? Do you go back home, go back to work? What is your contingency plan for failure? Following your dream must always come with an escape route; the ability to "wake" up in the event that it ends. Where do you go from there?
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CG, I was following you, but your thread has turned into a three ring circus that takes 20 minutes to load. So now's the time to ask you a question I'm sure you covered but I never saw it..
1. What happens when the well runs dry? Do you go back home, go back to work? What is your contingency plan for failure? Following your dream must always come with an escape route; the ability to "wake" up in the event that it ends. Where do you go from there?
CG, I was following you, but your thread has turned into a three ring circus that takes 20 minutes to load. So now's the time to ask you a question I'm sure you covered but I never saw it..
1. What happens when the well runs dry? Do you go back home, go back to work? What is your contingency plan for failure? Following your dream must always come with an escape route; the ability to "wake" up in the event that it ends. Where do you go from there?
The kid can get a job in Vegas anytime he wants....He should NEVER go back to Jersey, he should just get a job there if that happens...And start next phase of his life, but I have a feeling he will get a movie deal soon.
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Quote Originally Posted by TheDrizzle77:
CG, I was following you, but your thread has turned into a three ring circus that takes 20 minutes to load. So now's the time to ask you a question I'm sure you covered but I never saw it..
1. What happens when the well runs dry? Do you go back home, go back to work? What is your contingency plan for failure? Following your dream must always come with an escape route; the ability to "wake" up in the event that it ends. Where do you go from there?
The kid can get a job in Vegas anytime he wants....He should NEVER go back to Jersey, he should just get a job there if that happens...And start next phase of his life, but I have a feeling he will get a movie deal soon.
Question for vanzack...in your opinion what are the sports/leagues that offer the best value? I've heard pro's focus on smaller sports/leagues, I.e WNBA, NCAA hoops mid-majors, international hoops (China/Phillipines) etc. Wondering your thoughts...
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Question for vanzack...in your opinion what are the sports/leagues that offer the best value? I've heard pro's focus on smaller sports/leagues, I.e WNBA, NCAA hoops mid-majors, international hoops (China/Phillipines) etc. Wondering your thoughts...
I am routing for you buddy and I love your frankness,etc, but the odds are unfortunately against you. I don't want to restate what Vanzack said, (who is arguably the sharpest capper/analyst in covers), but let me explain in another way. The risk to ruin in sports with 10% vig is just terrible! Let me say another way: -110 friggin SUCKS AND BLOWS BIG GOAT BALLS! Your risk to ruin is much more substantial over the long term losing a few points of vig and you're giving up to 5% point of vig + over what you could shop for online if you are crafty. When you are betting even nickles (forget about dimes), ITS HUGE over the long haul. It just is this way and you need to trust us. The breakeven % get skewed off and it can turn a small loss into a substantial loss in the long haul. This is common sense of course but please acknowledge it is what it is. The second thing is your bankroll is not big enough. To meet a cash flow demand of 3K per month and betting on 10% vig you will need a bankroll of 100K +. Look, I know that's what you don't want to hear but again it is what it is. That's the math behind this model. Short term maybe you pull out a higher % but it reverses longterm and if you're making a few % about breakeven that's what dreams are made of and that's why you need a Fat behind bank roll. In summation I've been around vegas in the days of the stardust on the strip and have seen some decent cappers who have been at it for quite some time, get there cookies tossed by sports gambling. Most of them left vegas and got normal jobs again, few turned tout cold calling,one got murdered, and one died of an overdose shooting up. Enjoy your "VACATION" and be safe!
Dude back off of him, whats the point of this post? These points have been made over and over again, but CG has a plan and he's sticking to it. So whats your point? Are trying to convince him to go back home to NJ? Are you trying to mess with his head? Are hoping you can come back one day and say "I told you so?"
This post literally serves no purpose other than negativity. He's in Vegas, he's doing well and he's not going anywhere. So who cares what your opinion of what he "should do" is. It's irrelevant at this point.
CG, sounds like your having a blast and I hope you keep killing it. I go to Vegas 2-3 times a year, have a family and kids, yet I still dream about how fun it'd be to do what you're doing. So I'm glad you're doing what we all wish we had the balls to do. Keep it up bud.
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Quote Originally Posted by DiverRon:
Collegegambler,
I am routing for you buddy and I love your frankness,etc, but the odds are unfortunately against you. I don't want to restate what Vanzack said, (who is arguably the sharpest capper/analyst in covers), but let me explain in another way. The risk to ruin in sports with 10% vig is just terrible! Let me say another way: -110 friggin SUCKS AND BLOWS BIG GOAT BALLS! Your risk to ruin is much more substantial over the long term losing a few points of vig and you're giving up to 5% point of vig + over what you could shop for online if you are crafty. When you are betting even nickles (forget about dimes), ITS HUGE over the long haul. It just is this way and you need to trust us. The breakeven % get skewed off and it can turn a small loss into a substantial loss in the long haul. This is common sense of course but please acknowledge it is what it is. The second thing is your bankroll is not big enough. To meet a cash flow demand of 3K per month and betting on 10% vig you will need a bankroll of 100K +. Look, I know that's what you don't want to hear but again it is what it is. That's the math behind this model. Short term maybe you pull out a higher % but it reverses longterm and if you're making a few % about breakeven that's what dreams are made of and that's why you need a Fat behind bank roll. In summation I've been around vegas in the days of the stardust on the strip and have seen some decent cappers who have been at it for quite some time, get there cookies tossed by sports gambling. Most of them left vegas and got normal jobs again, few turned tout cold calling,one got murdered, and one died of an overdose shooting up. Enjoy your "VACATION" and be safe!
Dude back off of him, whats the point of this post? These points have been made over and over again, but CG has a plan and he's sticking to it. So whats your point? Are trying to convince him to go back home to NJ? Are you trying to mess with his head? Are hoping you can come back one day and say "I told you so?"
This post literally serves no purpose other than negativity. He's in Vegas, he's doing well and he's not going anywhere. So who cares what your opinion of what he "should do" is. It's irrelevant at this point.
CG, sounds like your having a blast and I hope you keep killing it. I go to Vegas 2-3 times a year, have a family and kids, yet I still dream about how fun it'd be to do what you're doing. So I'm glad you're doing what we all wish we had the balls to do. Keep it up bud.
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