Make A Living Betting Horses?

[Bystander]

Originally Posted by BooBeez

What does she know.

...

[kgar311]

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.

[hockey2315]

Originally Posted by DaHoss9698

Many professionals would disagree with this.

What the poster is trying to say is that pros are not gamblers because gambling relies strictly on luck. . . No professional horseplayer would consider themselves a gambler because they rely on edge and skill rather than randomness. . .

[hockey2315]

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]

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.

[hockey2315]

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]

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)?

[unassailable08]

Its a tough way to make an easy living.

Thats a quote for making it as Professional Gambler.

I could If I had a big enough bankroll.

[pmayjr]

Originally Posted by cmfhb411

For anyone here who has that kind of money, don't go lending the best handicapper you know $2k or $20k, who tells you they would make a killing if they had a big enough bankroll. As soon as that player loses a heartbreaker with the biggest wager he has ever put down, his/her approach and emotional outlook will most certainly change. And not for the better.
To be continued..........

I think as a rule in general, there's 2 things I won't lend $$$ for, or ask to borrow $$$ for: gambling or drugs, or to people that are closely affiliated with either.

For the for the "closely affiliated" part, I mean I have a friend who unfortunately in the past has been a pretty hardcore user of many kinds of drugs (thank god he got himself into rehab... clean except for weed so far), and he'd ask to borrow $$$ from me for various things. It would never be for drugs, b8ut the the reason he'd ask to borrow money, is he used it all up buying drugs, so he didn't have any $$$ to do or buy anything else. So I wouldn't lend him $$$, because eventhough he didn't need it for drugs, it was because of drugs that he didn't have the $$$ he needed. So lending him $$$ would still be helping his drug habit, and I refused to be a part of it.

I won't ask to borrow $$$ if the purpose is for gambling. Eventhough I'll get that itch, I'll sit on the sidelines. But I also won't lend anyone $$$ for that purpose either. Pretty much if anyone at the CBY were to ask me for $$$, I'd say no, because the purpose would be obvious.

[Indian Charlie]

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.

[robfla]

Originally Posted by Indian Charlie

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".