How to make $100,000/year gambling for a living

[blownheadgasket]

I'll keep those guys in mind come this fall. Although I have my own rankings and systems, I always look for new ways to improve on them.

[jwvdcw]

[ QUOTE ]
I'm specifically interested in becoming a better sports bettor.

The 2+2 of Sports Betting

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Thanks for the link...didn't seem like a ton of posts made there, but I'll bookmark it and check it out come football season.

[jwvdcw]

[ QUOTE ]
if you're interested in sports betting or blackjack then you will need to get some of the information related to those games.
sharpsportsbetting.com (or whatever it is) and BJ21.com are the places to go.

there are a number of decent BJ card-counting books out there...and BJ21.com will have recommendations for the better ones (as will Sklansky talks BJ i suspect...although i havent read it).
the variance in BJ is extremely high though (much higher than poker) and the games aren't nearly as good as they once were. it's not the best of times to be a card-counter.

i'm not as keen on sports-betting.....but there are some who are doing decently at this. obviously a lot of books on this subject can only speak in generalities and even then still run the risk of being outdated so the experts' forum on this is probably the way to go.

i don't know the first thing about horse-racing...but i suspect there are many places to learn about this.


a lot of the other +EV stuff they mention really i think is just for the purposes of teaching you to look for and identify such situations.


i paged through the $100k book in a bookstore but didn't read the whole thing.
as i recall, there is some info on obtaining nice comps with near even-money bets that i found somewhat interesting. i'm not especially driven by getting a free room or dinner or concert or whatever...but some people are obviously.
i also recall that there is some general info on coupon-ing that i suspect is worthwhile IF you didn't already know that you can coupon-books at some casinos that result in +EV bets.


what it doesn't cover (i'm pretty sure it was written before the internet-gambling era) is internet poker-room and casino bonus-chasing which is probably the best +EV opportunity available today. not exactly worth $100k on it's own no matter how many casinos you hit.....but probably easier to make more money doing this then it is to try to hit the various coupon books in the B&M's these days (i believe B&M's don't give out as many coupons as they used to or they don't have as much EV as they used to).

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I don't think I'll ever really be interested in blackjack. It seems too boring and has too many short term swings. Add in the fact that you have to deceive the casino, and I'll stick to other games. I'll be honest- I'm mainly interested in sports betting because of the fun factor. I'm gonna do it no matter what, so I figure, I might as well put in the effort to get good and actually make a profit off of it. But I don't take it as seriously as poker. Poker's sole pupose for me is to make money. Betting football is fun 50% and making money 50%, but I'll still put in a solid effort to get good.

[Blarg]

Learn more about sports betting so you can take all your poker winnings and blow them in minutes or even seconds just like all those poker pros!

[sublime]

Learn more about sports betting so you can take all your poker winnings and blow them in minutes or even seconds just like all those poker pros!

While I know you said this in jest, betting on sports can be VERY +EV.

[lostinthought]

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I have not read the entire 2+2 library but I remember that when I read this book I didn't think it was very good and I consider it to be the wosrt book that 2+2 has published that I have read.


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Have you read the Tournament Strategies by Suzuki?

[Matt24]

www.theprescription.com

the best sports betting forum around. Fezzik posts there and writes articles.

[jwvdcw]

[ QUOTE ]
www.theprescription.com

the best sports betting forum around. Fezzik posts there and writes articles.

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thanks for the link..I'll check it out

[zelareka]

looks like fezzik does agree with Sklansky on one of his books..

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This guy has a great reputation for being one of "the" best poker expert. Sklansky is a prolific writer. He sure has a lot of time to spend writing and publishing.

Sklansky, IMO, is a tremendously overrated author. He may know what he is talking about in poker, but he is laughably weak in other areas such as sports betting. I have Sklansky books that literally have obvious mistakes seemingly every few pages. Sklansky talks about how he is a great expert, and how he was making the money betting sports. Yet he writes stone-cold square things like "when betting sides you need at least a two point difference from the correct line and the line presented to wager profitably". "Teasers are sucker bets", etc., etc. This guys sports' chapter are laughably weak chock full of awful mistakes.

What makes Sklansky very dangerous is that he does have the reputation, and he actully strongly believes he is competent at all this non poker stuff. When Sklansky wrote a recent book, he actually had the ego to try to defend himself saying something like "You need to remember that I can be trusted in my writings. Everything I write in my books is correct". Mind boggling. I can only laugh at this guy. I'm sure many chess Grandmasters likely read books written by A players and have similar reactions.

[David Sklansky]

Anything I wrote about the underlying theory of how plus EV sports bets might arise is true. Specific examples that once worked or didn't and now don't or do is not something that anyone can predict. If bookies were even half smart, sports couldn't be beat. The trick is to take advantage of whatever error they are making at the moment.