Does Anyone Handicap Full Time?

[10 pnt move up]

Originally Posted by Scav

Thanks Mike for the advice, appreciate it greatly. I have put together this where my goal is to turn that 2k into 10k by the end of this year. I did a test run about two years ago when I was out of work and started with $500, and turned it into $2500 within one month. That being said, it was only one month, and I also had some stuff over my head (CC's and loans) that I don't have now. If I do this, I am going to have a clear head with plenty of money to back up if I do quit (about 12 months worth of living expenses) so if it bombs, it bombs, but at least I know I couldn't do it, and I can get the thought of my head, worth the 2k IMO

I just dont see how you can live on a 2k bankroll,

say you made a 20% profit, which is pretty large, and you bet $500 a day for 5 days a week. That would be $100, or $500 a week. Now of course it would grow but at $500 a day you wouldn't sustain a bad run at all on a 2k bankroll.

Now $100- expenses, minus taxes, and you dont have much income to live on. I figure to have any chance I need about a 50k bankroll to start and wager a few thousand a day, on average.