Make A Living Betting Horses?

[eajinabi]

There is no such thing as a professional gambler

[Mortimer]

Originally Posted by DaHoss9698

Many professionals would disagree with this.

I know Carla would.

[BooBeez]

Originally Posted by mortyfeatherhands

I know Carla would.

What does she know.

[Cajungator26]

Originally Posted by BooBeez

What does she know.

Morty, is that you?

[Mortimer]

Originally Posted by Cajungator26

Morty, is that you?

[Mortimer]

Originally Posted by BooBeez

What does she know.

!!


OOOOOOOOOO

[Bystander]

Originally Posted by BooBeez

What does she know.

...

[kgar311]

Knew a guy in Saratoga played only pick sixes and was a pro gambler. Won a couple a year at big prices. I would say he earned about 60 grand in pick sixes alone he hit, not to mention all the pick 5's. Invested around 400 a day.

[hockey2315]

Originally Posted by DaHoss9698

Many professionals would disagree with this.

What the poster is trying to say is that pros are not gamblers because gambling relies strictly on luck. . . No professional horseplayer would consider themselves a gambler because they rely on edge and skill rather than randomness. . .

[hockey2315]

Originally Posted by DaHoss9698

You took all of that out of that sentence. Wow. I also disagree with what you are saying.

Most pros wouldn't. . . I can quote "Six Secrets of Successful Bettors" if you'd like. . .

[Slewbopper]

I know of at least one and maybe two on this board that make a living at it. Obviously they don't wish to chime in. I think I could do it being very good with numbers, but I don't wish to spend 16 hours a day every day trying. You can't treat handicapping as a second job.

[ELA]

Without offending professionals, I think this debate is merely a matter of semantics.

Eric

[hockey2315]

Originally Posted by DaHoss9698

I'm still wondering how you got a paragraph description out of a one sentence answer.

What else could he/she have been saying?

[Scav]

Originally Posted by DaHoss9698

You can quote whatever you'd like, or give it whatever name you'd like. A professional horseplayer makes a living gambling. Hence, they are a gambler. I'm still wondering how you got a paragraph description out of a one sentence answer. You're pretty good. Let's see if you can guess the number I am thinking of. 3 guesses. Go.

rephrase, A professional horseplayer makes a living investing.

What is the difference between a stock trader (buying and selling shares in a company) and a professional horse player (buying shares in a horse for 1-2 minutes)?

[Scav]

Originally Posted by DaHoss9698

You're kidding right? I know saying you are a gambler may be taboo or whatever, but we all gamble. Period.

WE all gamble, the professionals invest.

There is a difference between gambling and investing.

When I gamble, I am pissing money away for the juice and capping with 2mtp

When I invest, I carefully calculate my risk and plan out my attack, sometimes 3-4 days in advance.

Like today until Saturday night, it is investing time. I have 6 plays that I am dropping a dime on each of them. If I hit 3 of them I will be even, if I hit 5 of them I will turn 6k into about 16k....PARTY TIME HOSS, PARTY TIME

[Payson Dave]

Are day traders in the stock market investors or are they gamblers???

Me thinks they are at least partly gamblers...as imho is anyone who tries to make a living playing the ponies...

[Riot]

Originally Posted by Cardus

Anyone know the going rate, so to speak, for how much a professional horseplayer pushes through the windows each year?

I know this dude whom a mutual friend introduced to Charlie Heyward at a NYC OTB/restaurant, and he is talking about takeout with Charlie and says, " I wager about 12 million a year..."

Holy sh-t! My jaw hit the floor.

I think I'd have to push at least half a million through the windows a year, to make 100K

[GPK]

Originally Posted by Riot

I think I'd have to push at least half a million through the windows a year, to make 100K

If I had a 1/2 million to push through the windows, I wouldnt need to bet the horses.

[JJP]

Originally Posted by Riot

I think I'd have to push at least half a million through the windows a year, to make 100K

If you could get a 20% ROI without a rebate, you'd be crazy NOT to be betting full time.