Quote:
Originally Posted by Sabaneta
They are winners for years and are only betting 5k? What happened? Marriage?
What market are you betting even 5k into and not moving it.
What is the average bet size of someone who bets sports professionally then? $5,000 is pretty small? If this guy is a pro, that means he would have at least a $500,000 bankroll. And that is hard to get in sportsbetting unless you bet very aggressively or have a huge bankroll from doing something else.
Is it even possible for someone with a small bankroll to even bets sports and make good income out of it if say their bankroll is 25000 or less? I mean unless you are betting like 1k a game or something and betting more than you should, that seems like the only way where you could even have a big bankroll in sports.
The other thing is don't sports professionals sometimes have losing years? i cannot imagine anyone who bets never had a losing year besides very few people right? Because well if you are up a lot one year, then lose a lot the next year etc then isn't your taxes going to get screwed? Such as if you are up a lot during the year, you should be more aggressive with your betting? But if its towards the end of the year and you are up a decent amount, don't bet that aggressive? I heard that in a discussion in a poker thread here where they were talking about tournament poker but also high stakes cash games etc. Such as if you are up a lot early on in the year, you play more aggressively because even if you lose, you paying less in taxes in terms of percentage. Anyone have thoughts on this?