Make A Living Betting Horses? - Page 2

ShadowRoll · #21 07-05-2007, 12:14 PM

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

hockey2315 · #22 07-05-2007, 02:08 PM

Quote:

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 · #23 07-05-2007, 02:39 PM

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 · #24 07-05-2007, 02:48 PM

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

Eric

hockey2315 · #25 07-05-2007, 02:55 PM

Quote:

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 · #26 07-05-2007, 02:59 PM

Quote:

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 · #27 07-05-2007, 03:09 PM

Quote:

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 · #28 07-05-2007, 03:20 PM

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 · #29 07-05-2007, 04:20 PM

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 ....

Riot · #30 07-05-2007, 04:28 PM

Quote:

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 · #31 07-05-2007, 04:32 PM

Quote:

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.

Riot · #32 07-05-2007, 04:51 PM

I'd pursue my dream of following the pro-golf tour year-round ....

GPK · #33 07-05-2007, 04:53 PM

Quote:

Originally Posted by Riot

I'd pursue my dream of following the pro-golf tour year-round ....

following...or playing?

Riot · #34 07-05-2007, 04:56 PM

Groupie

I love golf. I watch golf every chance I get, read all the golf magazines I can, and made a point of visiting St Andrews when I could. I have never played! Once I hit a bucket of balls ... It's weird

GPK · #35 07-05-2007, 04:58 PM

Quote:

Originally Posted by Riot

Groupie

I love golf. I watch golf every chance I get, read all the golf magazines I can, and made a point of visiting St Andrews when I could. I have never played! Once I hit a bucket of balls ... It's weird

1/2 million of disposable income...I would drop everything and give it 5-6 years and see if I could make it to the tour...at least to say that I gave it a shot.