Estimate how much money you bet on sports in 1 year

[Iceman]

I just passed my 1 year anniversary of betting daily/seriously. Just got done looking back at my records.

Looking at every bet you made and adding up all the juice how much would you say you bet in the past year?

I estimated about $1,500,000. It seems like alot but it really isnt in the big scope of things. One thing I decided I want to do is double that this next year. Not sure that is possibile for a few different reasons but it is a goal of mine.

 

[trytrytry]

its a big number yor 1.5M ICE Ive been higher but this past year maybe 30% less this past year Ive slowed down some since you cant zoom Neteller cash around so fast to hit all the middles and scalps and such. but yea its stunning. Id like a new cash transfer system to really take hold (and more book to book transfers )

 

[CHOPTALK]

500k with anywhere from -2% to +3% return.

 

[bulldogboogers]

for my wife & myself i would say about 50k, and most of that is in las vegas. we just can't get up enought nerve to send $$$ to an offshore sports book any more !! we just live 240 miles from vegas & 200 miles from the state line, so i get in my ride about 4 am sunday morning and drive about 3 to 4 hours and make our bets and then drive home. it's fun when your winning !!! but last week.......lost our ass's !!

 

[zeeman]

Sports about $350,000 to $450,000

Horses about $400,000

 

[WVU]

in the prime of my career around 2002 I was wagering about 2 million per month. 95% of that was in the casino

 

[Extraordinary_5]

in the prime of my career around 2002 I was wagering about 2 million per month. 95% of that was in the casino

WVU, I would like to chat with you sometime, do you use any type of messenger? if so, what are you email address? Thanks

 

[WVU]

check my profile

 

[Barrybonds]

2mill? WHOA! Didn't know that there were millionaires on this board.

 

[RobFunk]

2mill? WHOA! Didn't know that there were millionaires on this board.

No, you know what happens. You have your share of wins and losses and then you are simply just taking that same money and betting again and grinding all through out the year with it.

I have had over 10k in action playing BJ in just a few days off a 300 deposit, it sure the hell doesnt mean I have 10k disposable income every week.

1.5 mil or 2 mil refers to every bet placed wether that very same money had been used 15 times already to place or not. (Does this at least make some sense?)

 

[WVU]

exactly Rob, though all my wagering was at a player advantage.

 

[Barrybonds]

ahhh. Sorry, but I'm quite the retard.

WVU is still laying like 2k a game to reach two million, right?

 

[Iceman]

35 $110 bets a nite times 365 nites of betting (remember this is an average) is $1.4 million bet. I am not saying this is how it goes but just using an example of how easy $1.5 million can be put into play.

I only had 5 days all year (3 days during baseball all star break) where I didnt have action. I have close to 5k in action today so it varies but this is on average.

I can only speak for myself but I am FAR FAR from being a millionaire. The reason I feel sports betting can be the best form of investing is the leverage it allows you to have on a daily basis. I argue this with my financial advisor all day long. Now this can also be a bad thing if you lose.

I don't have $1 million dollars to put into the stock market or any other investments for that matter but because of the quick results/leverage of sports betting you can put $1 million into action a year and get 2-4% return and that makes it better than any other form of investment in my eyes.

Something that alot of people don't realize is how hard it is too make decent money at betting because you must put alot into play. A guy who bets 10 $100 bets on average a week during the whole football season should be estatic with a $1,000 profit but most likely isn't and that would be a solid 5% ROI (over 4 months) on a 20k investment and he never bets over a $110 a game.

 

[Iceman]

ahhh. Sorry, but I'm quite the retard.

WVU is still laying like 2k a game to reach two million, right?

over thousands and thousands of plays.

 

[WVU]

to reclarify BB 95% of my play was in the casino. 5% of my wagering was on sports

 

[Anti-liberal]

$10 million to $12 million, but I'm sicker than most people. Shitloads of dime, nickle and 2 and 3 dollar plays.

 

[DonMelchor]

ahhh. Sorry, but I'm quite the retard.

WVU is still laying like 2k a game to reach two million, right?

no problem, we've got plenty of that in here

 

[WVU]

oh snap

 

[Woody0]

$750,000 last year, probably less this year since fewer scalps and middles due to loss of NETeller.

 

[Iceman]

$750,000 last year, probably less this year since fewer scalps and middles due to loss of NETeller.

good point.