I Got No Job, A Couple Thousand Bucks

[GPK]

Originally Posted by declansharbor

Yea, or that. I find playing against other people with their actual money in front of them to be the route to riches. ...I have Showboat's bad beat jackpot in clear sight!

How've you been Kev? Hope all is well with ya!

[TheSpyder]

I would bet it all this weekend, because you will lose it sooner or later anyway. As the Fat Man said you're not ready and to just wake up one day wanting to do this, with the pressure of no job, I just don't see how.

Better to take it all and make some wild bets, enjoy the day, and wake up Monday ready to work.

[jms62]

Its a tough way to make an easy living. Most of the pro's have an additional source of income. Look at Beyer, Andy, Crist. They all have additional sources of income. I would lay really low until you find a job.. If you can't than I would paper trade or bet 2 bucks a race on a 100 race cycle to see what your strong points are or if you can turn a profit.. The 100 race cycle probably will make your decision easier.

[Riot]

I would only bet $50 per day in very small amnts and save the untouchable rest until you have a start date on a new job and a place to live. And gas money to get there.

Give yourself a daily or weekly financial goal - how much do you want to make? Just enough for food, utilities, gas money?

Do you have any idea what your over-time ROI is for any specific bet type? (straight win on 3-1, etc)

Those results will tell you how much you can bet, what you will win, and how long it will take you to get there (how much money you will lose before you hit). You simply distribute your available money accordingly.

[joeydb]

Originally Posted by jms62

Its a tough way to make an easy living. Most of the pro's have an additional source of income. Look at Beyer, Andy, Crist. They all have additional sources of income. I would lay really low until you find a job.. If you can't than I would paper trade or bet 2 bucks a race on a 100 race cycle to see what your strong points are or if you can turn a profit.. The 100 race cycle probably will make your decision easier.

Yeah, and Beyer has hit a boat load of exotics, or so I've heard. This stuff is fun but WAY too speculative to make a living at, dependably.

[jms62]

Originally Posted by joeydb

Yeah, and Beyer has hit a boat load of exotics, or so I've heard. This stuff is fun but WAY too speculative to make a living at, dependably.

I would be interested in seeing what percentages of their play/bankroll go into which pools....

[MISTERGEE]

Originally Posted by jms62

I would be interested in seeing what percentages of their play/bankroll go into which pools....

for beyer the more exotic the better

[skippy3481]

Curt dont do it. Save the money, keep saving, find a new job, keep saving, become ceo of grocer company, keep saving, Retire from said job and play ponies full time.

[dean smith]

You'd probably have, at about 50%, a much better chance of taking your entire wad to a casino and putting it all on black than you would of making money long-term gambling on horses. Winning a couple of "coin flips" in a row is probably more doable. Of course, it would be much, much quicker and not nearly as fun.

I love the spirit, though. Bad, bad idea be damned! Who hasn't at least given the idea a thought?