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  #1  
Old 07-04-2007, 11:08 PM
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onebadbeast onebadbeast is offline
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Default Make A Living Betting Horses?

If Anyone Can Tell Me They Make A Living Betting Horses, It Is Rubbish! I'd Like To See It............
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  #2  
Old 07-04-2007, 11:10 PM
GPK GPK is offline
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Quote:
Originally Posted by onebadbeast
If Anyone Can Tell Me They Make A Living Betting Horses, It Is Rubbish! I'd Like To See It............

After the beating I took today...the horses are making a living off me. Taking the next 3 weeks off and recharge my batteries (and my bank account) for Toga.
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  #3  
Old 07-04-2007, 11:17 PM
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Bad day guys?
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  #4  
Old 07-04-2007, 11:24 PM
GPK GPK is offline
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Quote:
Originally Posted by The Bid
Bad day guys?

school bus yellow?
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  #5  
Old 07-04-2007, 11:25 PM
ELA ELA is offline
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Sorry to hear about the rough and tough days. It certainly ain't easy making a living playing the horses.

Eric
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  #6  
Old 07-04-2007, 11:36 PM
skippy3481 skippy3481 is offline
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I swear i could have hit the all button in every race today and somehow still lost....
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  #7  
Old 07-04-2007, 11:46 PM
ELA ELA is offline
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Quote:
Originally Posted by skippy3481
I swear i could have hit the all button in every race today and somehow still lost....
LOL. I remember years ago, a friend of mine (a professional, one of the maybe 10 or so guys I personally know who make a living playing the horses) and me were sitting in the track kitchen at the Meadowlands. We were talking about being a professional, the life, etc. Anyway, this guy, even when he was in a slump, not doing well, etc. -- he always maintained an "even" demeanor. So, we're sitting there and he said something about how it's so very different (how you view, treat, respect, etc. money when it's your livlihood -- as opposed to it not being your real living). He looks up and points to a sign that has been hanging in the kitchen for as long as I can remember. The sign says:

You can always eat your betting money . . . but you should never bet your eating money.

Seemed more thought provoking at the time, LOL.

Eric
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  #8  
Old 07-04-2007, 11:40 PM
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Hickory Hill Hoff Hickory Hill Hoff is offline
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Quote:
Originally Posted by GPK
After the beating I took today...the horses are making a living off me. Taking the next 3 weeks off and recharge my batteries (and my bank account) for Toga.
I tried that starting June 19th...lasted until Sunday, and played again today
My "better half" called me a fibber, because I said I wouldn't play from 6/19 til opening day.
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  #9  
Old 07-04-2007, 11:46 PM
Scav Scav is offline
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Ever since I got back from Vegas I am COLD as hell. haven't hit a ticket. Expecting to turn that around tomorrow through Sunday with STRATEGICALLY placed large win wagers....
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  #10  
Old 07-05-2007, 10:21 AM
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Quote:
Originally Posted by Hickory Hill Hoff
I tried that starting June 19th...lasted until Sunday, and played again today
My "better half" called me a fibber, because I said I wouldn't play from 6/19 til opening day.
You Fibber!! Good NIght Boys!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !
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  #11  
Old 07-05-2007, 12:14 PM
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ShadowRoll ShadowRoll is offline
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About six months ago, back when "He Who Must Not Be Named" (i.e., Oracle) was still here, I started a thread on a topic close to this one. Some interesting thoughts were expressed:

http://www.derbytrail.com/forums/showthread.php?t=7997
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  #12  
Old 07-05-2007, 04:20 PM
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Riot Riot is offline
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I've been cold lately, too - feel like I could "tri-box-all" an Australian field of 14 2-year-olds and still lose.

At first I wondered if it was only the three-year-old races (as they often take huge jump-ups in ability during the summer), but nah, it's everything. I'm still handicapping the same. It's not synthetic surfaces. Didn't go through a summer slump last year, so don't know, but yeah, I've noticed a difference in my bottom line ....
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  #13  
Old 07-05-2007, 09:53 AM
GPK GPK is offline
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Quote:
Originally Posted by GPK
After the beating I took today...the horses are making a living off me. Taking the next 3 weeks off and recharge my batteries (and my bank account) for Toga.

anything good running today?
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  #14  
Old 07-05-2007, 10:19 AM
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fpsoxfan fpsoxfan is offline
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Quote:
Originally Posted by GPK
After the beating I took today...the horses are making a living off me. Taking the next 3 weeks off and recharge my batteries (and my bank account) for Toga.

Been on a "freshening" since the Sunday after the Belmont for the same reasons. Looking forward to July 25th.
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  #15  
Old 07-05-2007, 01:20 AM
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hi_im_god hi_im_god is offline
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i've kept track of every bet i've made since 1999.

i can show you i've lost money betting horses every year except one.

i can't imagine i could make a living doing this. but i haven't extrapolated that conclusion as far as you have. why couldn't someone make a living doing this?

there is no law of large numbers like with most casino games and slots. you are betting against other players. the house takes an egregious rake but there is nothing that says a skilled player can't overcome 15-25% off the top.

i think it would be a miserable grind. i think the emotional toll of a losing streak when it's your livelyhood would be a nuke compared the the m-80 i feel when i lose disposable income.

but it's not beyond imagination that someone smarter than us, more dedicated than us, whose emotions can take the swings, and whose sole focus is racing couldn't make some kind of living at it.
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  #16  
Old 07-05-2007, 01:54 AM
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eajinabi eajinabi is offline
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There is no such thing as a professional gambler
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  #17  
Old 07-05-2007, 10:04 AM
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Mortimer Mortimer is offline
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Quote:
Originally Posted by DaHoss9698
Many professionals would disagree with this.
I know Carla would.
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  #18  
Old 07-05-2007, 11:05 PM
BooBeez BooBeez is offline
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Quote:
Originally Posted by mortyfeatherhands
I know Carla would.
What does she know.
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  #19  
Old 07-05-2007, 11:10 PM
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Cajungator26 Cajungator26 is offline
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Quote:
Originally Posted by BooBeez
What does she know.
Morty, is that you?
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  #20  
Old 07-11-2007, 01:28 PM
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Mortimer Mortimer is offline
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Quote:
Originally Posted by BooBeez
What does she know.
!!


OOOOOOOOOO
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