People have no idea how tedious and miserable the work can become when you're betting horses for profit. And if you don't do it---you're not going to make much money.
It can be excruciatingly tedious and time consuming....and can eliminate your social life almost altogether.
It's is much easier and makes a lot more sense to just take normal employment.
Even if you do choose to bet horses for income and succeed...you will find there will be huge unexplainable gaps in your employment history, and if you wish to ever take employment again---your application is much more likely to not be taken seriously......and if you tell them you spent that time "gambling professionally" -- I'd have to think they'd be even less likely to hire you-- as they would consider you a much greater risk of thieving from them.
It's a big mistake to try and gamble for income if you first haven't recieved a good formal education, one that will look good on paper...or you haven't proven yourself successful in another line of work. Even if you do very well betting, you'll find you trapped yourself...and sometimes even wish you'd have failed as a bettor.
You hear all those great stories in poker, about how some of the new "greats" would spend there early days sleeping in outdoor parks...and there nights playing poker for profit. And Jim Rome loves to rip on how a few of the now big-name poker players were living "in their parents basement" not to long ago.
Unlike Poker, with it's gruelingly long big paying tournaments that feature tons of hands played, the thoroughbred handicapping tournaments are all a complete joke, the emphasis is always placed on spectacular short-term success, from a very limited number of possible races played.
The only way you're making any money, is through betting income, and that is into the teeth of a big takeout.
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