jcambert:
I am 55 years old and retired early at the age of 50 following a very successful 28 year career after completing my college education in 1970. I was able to retire early due to my career success, sound financial investments, and success in this business over the last 30+ years. My income comes from a lifetime pension which was based on my years of service and age and which will increase annually at 3% per year, tax deferred compensation which I invested starting in 1978 and which grew substantially over time and other financial investments. Sports wagering is nearly full time for me and provides a significant income but it is not required to make my living as that is guaranteed via my pension and deferred compensation as well as my other investments.
As to the sports to which I invest, they are primarily football and basketball, with baseball and horse racing on a much more reduced level. Once in awhile, I may make a play in hockey, tennis, or golf as well. Football is my strongest sport followed by basketball. On an annual basis, I have shown a profit in all but 3 years. In my prime, the highest single year success percentage I achieved was 63%. The lowest single percentage year achieved was 47%. I will generally fall somewhere between 55%-60% success rate. I may not always show a profit in every sport, every year, but the total of the four, i.e, NFL, NCAAF, NBA and NCAAB has resulted in a profit, like I said, in all but 3 years. If you review my updated record above since posting, you will see that somewhat similar pattern. Keep in mind, this is a 3 month segment. My wagering year begins in late July with the start of Preseason NFL and concludes with the completion of the NBA Playoffs. I then take a summer break to freshen up for the upcoming football season again. I hope this helps answer your questions. Feel free to ask additional questions. This oldman has nothing to hide although there may be some things that are best unsaid on an open forum.