Horse Players

[richard burch]

Originally Posted by jnunan4759

It was funny a few years ago I got a statement from TVG for tax purposes and I bet $120,000 over the year and made $123,000. My wife went crazy. I think I made $48K and she saw I bet almost 3X that. I had to sit down and have a long talk. My big bet is $10. I can churn $120,000 easily a year. I enjoy it and it's good for racing.

The big problem was explaining to my wife why I bet $120,000. Why didn't I save that ? Well, it was only $10 or $20.

Although I think it's great. In horseracing I can bet hundreds of thousands a year and still have my wife and house. What a world.

However, I have to be good. I can't lose.

In order to do what we all love, we have to be good. All of the people I know, we have lives, we have family. We can't lose. In order to do what we love, we have to do it well.

I hate when people equate a horseplayer as a gambler. Gamblers go broke, horseplayers don't.

Whats the ROI on that?