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............

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.

Bad day guys?

school bus yellow?:D

Sorry to hear about the rough and tough days. It certainly ain't easy making a living playing the horses.

Eric

I swear i could have hit the all button in every race today and somehow still lost....

I tried that starting June 19th...lasted until Sunday, and played again today :o
My "better half" called me a fibber, because I said I wouldn't play from 6/19 til opening day.

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....

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

I Started Getting Hot Tonight At Australia And The Video Went Out, So Im Done For The Night.

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.

There is no such thing as a professional gambler

i dont know, commentator was one of the worst heavy favorites in years today, making that race pretty obvious.

also, if you believed that nobiz is one of the 2-3 most overhyped horses of this crop (there are 2-3 every year!), then the dwyer was pretty simple as well.

Identifying false favorites and making money over long term doing so are two very different things.

Tough way to make a living, but a select few do. A lot of time, patience, knowledge, and of course, luck. It's a very tedious job that you would have to invest probably 70+ hours a week, 7 days a week doing.

I'm content being a "weekend warrior".

anything good running today?:o

I know Carla would.

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.

Been on a "freshening" since the Sunday after the Belmont for the same reasons. Looking forward to July 25th.

You Fibber!! Good NIght Boys!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !