Make A Living Betting Horses?

[Riot]

Originally Posted by Cardus

Anyone know the going rate, so to speak, for how much a professional horseplayer pushes through the windows each year?

I know this dude whom a mutual friend introduced to Charlie Heyward at a NYC OTB/restaurant, and he is talking about takeout with Charlie and says, " I wager about 12 million a year..."

Holy sh-t! My jaw hit the floor.

I think I'd have to push at least half a million through the windows a year, to make 100K

[GPK]

Originally Posted by Riot

I think I'd have to push at least half a million through the windows a year, to make 100K

If I had a 1/2 million to push through the windows, I wouldnt need to bet the horses.

[Riot]

I'd pursue my dream of following the pro-golf tour year-round ....

[GPK]

Originally Posted by Riot

I'd pursue my dream of following the pro-golf tour year-round ....

following...or playing?

[Riot]

Groupie

I love golf. I watch golf every chance I get, read all the golf magazines I can, and made a point of visiting St Andrews when I could. I have never played! Once I hit a bucket of balls ... It's weird

[GPK]

Originally Posted by Riot

Groupie

I love golf. I watch golf every chance I get, read all the golf magazines I can, and made a point of visiting St Andrews when I could. I have never played! Once I hit a bucket of balls ... It's weird

1/2 million of disposable income...I would drop everything and give it 5-6 years and see if I could make it to the tour...at least to say that I gave it a shot.

[Riot]

Wish for you that you could ... everyone should get the chance to try for their dream.

[SlewsMyHero]

In my 25+ years playing, I have only known 2 professionals that made money consistently. I use the term professional, since this was their only source of income. Many "professionals" have other sources of income, these 2 didn't. They had very different styles of play. One was a straight better. $1000 win, $2000 place on short price favorites. I don't know how he did it, but he had a sixth sense for when the chalk would get beat. He would go to the window and come back and say, "I changed my mind and didn't bet" and the 3/5 shot would run 3rd. Sometimes he would bet as much as $2500 win, $5000 place. He always doubled up on the place. If he got beat and got a $3.00 place price, he broke even. He would go several days without making a bet sometimes. He was very patient, but he won.

The other guy was well connected. He was formally in the harness racing business, and knew trainers, jockeys and owners from all over the country. He bet strictly on information. He made some huge scores.

[Riot]

Originally Posted by SlewsMyHero

He would go several days without making a bet sometimes. He was very patient, but he won.

Very interesting. Thanks for posting that.

[JJP]

Originally Posted by Riot

I think I'd have to push at least half a million through the windows a year, to make 100K

If you could get a 20% ROI without a rebate, you'd be crazy NOT to be betting full time.

[MISTERGEE]

rebates are available at about 15%, at a half mill a year in action if you could break even capping you would net $75k.

[SentToStud]

Originally Posted by MISTERGEE

rebates are available at about 15%, at a half mill a year in action if you could break even capping you would net $75k.

Where might that be?

[MISTERGEE]

nhplay

[SentToStud]

Originally Posted by MISTERGEE

nhplay

I've looked at their site before (what little of it there is). They want a bunch of information without providing anything about their site, etc... Thanks for the response.

[JJP]

Originally Posted by MISTERGEE

nhplay

Is NHPlay U.S. based or offshore?

[MISTERGEE]

Originally Posted by JJP

Is NHPlay U.S. based or offshore?

US BASED AND PARI MUTUEL