If only there was a search engine where you could find Google's annual reports.



N.b. Glad I hadn't used 'surprised' or 'obv' in my market observations post. Or this one.

Who are the legit top bettors?

Dylan, Dylan, Dylan, Dylan and Dylan

I guess youre the only person with google?

So where are the professional sport bettors?

Do you have to pay taxes if you are a professional in your country?

Vegas Dave is #1

https://www.youtube.com/watch?v=2oU2sJtuigs

Vegas Dave TV

i heard stu unger was a top sports bettor.

are you refering to Stu Ungar ?

USA taxes worldwide and gambling income so yes.

No actually there was a lesser known but still just as good Omaha player in the late 70's named Stu Unger. Thats probably who hes referring to.

late to the party but

(1) why did RAS go invitation only
(2) why do they merge WNBA and NFL Pre Season results together? That seems odd

they wanted to narrow their focus on the 1% of the 1% of bettors so they made it more exclusive and raised prices

didn't know 2 i'd guess they decided to group smaller market sports together since they are ya know both smaller betting markets with limited betting opportunities. may also impact record keeping results but i'm sure that's just a coincidence

for 1: winding down maybe, who knows
for 2: keep the winning angles grouped and the breakeven/losing ones segregated would be my guess.

never had anything to do with RAS fwiw

1) We implemented a new release system, and wanted to limit number of subscribers.

2) As part of the release system trial last year, we did WNBA/NFLx as a combo package. Ended up being just 1 WNBA play and 21 NFL, so we combined the record. They have been separate since.

No taxes here, at least for the 7 years ive been sportsbetting/pokering. literally never paid yearly taxes in my life

but i live in Canada#1

Wow, 3 years FT.

Well this was a fun read.

Oddly comforted by how little things had changed.

Incidentally - this reply is not totally random.

I found this thread after hearing the ESPN Daily podcast where Pablo Torre (a respected journalist, who thoroughly fact checks, of course), interviews Mr. Voulgaris.

Mr. Voulgaris claims to have made "hundreds of millions" betting on the NBA over the years.

Obviously Mr. Voulgaris has accomplished things outside gambling. And I appreciate those things, and would never diminish them.

However - say what you will about Thremp or anyone else posting in this thread. But based only on the claims here - who is closer to the truth?

The haters? Or the well-known, semi-powerful guy publicly claiming he made "hundreds of millions" betting on the NBA?

I hope Mr. Voulgaris is on a bunch more podcasts - because I love listening to his insight.

But - were the haters onto something?

Anyone can claim to be a winner.
If you can win money at poker my advice would be to stick to poker.
Gambling is all about knowing more than who your betting against, I would guess the odds makers of sports events will nearly always know more than the bettor.

"'Cause they bet hot fiyah."

I feel like this is an under appreciated note in this thread, but Harlabob makes a challenge to bet NBA for 1 million. Sigley instantly accepts the challenge, and Harlabob instantly balks. It is probably one of the greatest moments in this forums history and few even know about it.

lolz, where did this happen i gotta see it

Post 123, it does look like Bob offered some token resistance but at the end of the day he still balked.

Bob "Follow me on twitter and send me a DM maybe we can work something out."

Translation

Obviously nothing came of it.

thanks for the bookmark, couldn't remember hbob's sn offhand and the sigs scrub made that hard to source as well

this pretty much sums it up but i skipped over a few dozen posts of petty insults along the way

Just found this thread and read through it - very entertaining to say the least. Also have a follow-up question/thought...

It seems like one of the biggest obstacles if not the biggest obstacle for a sharp bettor is not being able to get the amount you want down on a consistent basis sustaining this ability for any lengthy period of time. Therefore I was surprised not to hear a word about Betfair Exchange during the entire thread.

Forgive my ignorance in advance but is Betfair Exchange not a viable option for the sports being discussed (i.e. US sports like NBA, CBB, CFB, NFL, etc.)? Is liquidity on the exchange so low for these sports that it is not feasible? I don't have any experience with Betfair as I am a US resident but would assume this venue makes sports betting closer to poker where you are betting against other individual bettors and not a book, hence elongating your career since you don't have to worry about being banned/limited by a book.

Thoughts?

Most of the posters mentioned in this thread are American, so in general less access to books overseas. This thread also started before gambling was legalized in the US, so less knowledge and access to exchanges like the one you are talking about. However, I think as gambling gets more and more mainstream in American consciousness, that those exchanges will continue to become more prevalent. I think it will be a good shift if, and when, it happens.