Estimate how much money you bet on sports in 1 year

Search

MrJ

New member
Joined
Nov 4, 2005
Messages
2,578
Tokens
in the prime of my career around 2002 I was wagering about 2 million per month. 95% of that was in the casino

Easy to do on 400+ hands per hour. Just saying that makes me want to start an online casino.
 

WVU

New member
Joined
Jan 20, 2000
Messages
11,648
Tokens
Easy to do running 10 computers using autoplay bots
 

RX Senior
Joined
Apr 20, 2002
Messages
47,431
Tokens
$10 million to $12 million, but I'm sicker than most people. Shitloads of dime, nickle and 2 and 3 dollar plays.
Holy shit . Would have never guessed Anti - libs. I'll show some more respect towards you in the poly forum. lol.
 

Rx. Veteran
Joined
Apr 22, 2006
Messages
3,699
Tokens
Holy shit . Would have never guessed Anti - libs. I'll show some more respect towards you in the poly forum. lol.

LOL...Funny. I go over to the political forum to give my mind a break from this stuff, but that's like throwing gas on the fire, most of the time. 10 to 12 million a year isn't that big of a deal if you do this for a living. It's what you have to do, really. It's sending in an average of 30 to 40 dimes a day, which is necessary volume if you are going to make the numbers work out and turn a small edge into $$$. At 1% edge, that kind of volume will yield an average of 8 to 10 dimes a month, which is great, but one won't be pricing private jets.
 

Woah, woah, Daddy's wrong, Mommy's right.
Joined
Feb 25, 2006
Messages
7,977
Tokens
$585,662.14 so far this year. My wife would not be pleased.
 

Banned
Joined
Sep 20, 2004
Messages
80,046
Tokens
$49,000 total last week and finished +339, thanks to NFL and Brad Lidge, I squandered a decent week up 4,900 going into Sunday...I've been trying something different, betting less per game and more action (more plays)

great Saturday
awful Sunday

second week in a row too.
 

THINK OUTSIDE THE BOX.
Joined
Jul 23, 2006
Messages
15,352
Tokens
ICMAN how are you doing with Pinny lean on football so far?
 

THINK OUTSIDE THE BOX.
Joined
Jul 23, 2006
Messages
15,352
Tokens
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.


ICE-- You better be careful with telling guys this b/c a lot of them dont understand what it is you exactly do. Some of these morons will take your advise as......just bet more games!..... then go out and bet a full card of NFL games and then go 6-24 and lose their ass.
 

THINK OUTSIDE THE BOX.
Joined
Jul 23, 2006
Messages
15,352
Tokens
$49,000 total last week and finished +339, thanks to NFL and Brad Lidge, I squandered a decent week up 4,900 going into Sunday...I've been trying something different, betting less per game and more action (more plays)

great Saturday
awful Sunday

second week in a row too.


Tell me about it. Cleaned up Sunday, then got greedy and played props Sun/ MOn night and got hosed.....ate up all my winnings too. Took a shot and poof!
 

Forum statistics

Threads
1,118,901
Messages
13,561,175
Members
100,705
Latest member
fun88linkmobi
The RX is the sports betting industry's leading information portal for bonuses, picks, and sportsbook reviews. Find the best deals offered by a sportsbook in your state and browse our free picks section.FacebookTwitterInstagramContact Usforum@therx.com