How come J?
This business is waaay to easy to make money at.
Chance to work at a hedge fund. I was originally looking for some experience or mentoring as a trader, and I was offered more if I can cut it.
It seems that way at first when you use martingale, but for nearly everyone who does it will end up in tears.
The classic "it's who you know" as I've got no qualifications or experience. The gambling background was actually where the interest came about, as that's what the person was looking for. My impression is that he's looking for someone with a certain-type of thought process, one he feels successful bettors are more likely to have.
I was pretty surprised with his view on gambling, so I think the history could certainly help if the right person is reading the resume, but I'm guessing it could hurt you just as much.
As for getting a job in this line of work, apart from knowing someone I'm guessing you'd have to enter a program, or start trading yourself and keep an online record.
Unfortunately I don't know anyone
From what I remember you do (or did) the same type of thing as Iceman correct?
If this hadn't fallen into my lap I'd continue to sportsbet and just trade with my own capital. There's bound to be people who know people on the more popular trading forums, and there's bound to be opportunities for profitable traders.
Still the same key concepts, although my approach is a little different these days. And yes it's been my living. You do something similar don't you? It's been a while since we've had one of those Iceman threads that give you an idea of who is doing what.
What forums are these? You mean for stock or commodity traders
How does your approach differ from Ice's?
Do you fade the late moves at sharp books
Yes.
Ice (at the time of his posts) emphasised beating the close line, while my emphasis is on getting the best price. Similar, but also very different. The goal is the same - getting in a good position relative to the market, but it can lead to very different bets.
What forums are those?
What sport do you find to be most profitable for this approach?
basketball I was usually betting at a slow-moving book after a line move.
Have you found a certain league/type more successful than others?
Sorry for playing 20 questions
CBB by a mile due to the number of games and the market volatility. Totals were more likely to be off but betting limits were a problem, so sides were my biggest earner. NBA was still worth a look, although I mostly ignored whole game totals. Overall, the majority of my bets were sides as I paid more attention to them due to betting limits.
If the new line of work doesn't work out, there's a number of new things I'd like to try. I didn't do nearly as much work as I should have last winter.
Questions are good, but me being a little vague doesn't help. I'm a littel guarded as my mlb '08 strategy is delicate (I'd be insane to post it in public) and I might have to come back to it if things don't work out.