$100k bankroll-Can you make 1k-2k/wk for a living?

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Title explains the scenario, $100,000 bankroll, do you have the discipline and gambling know-how to convert it to a $1000-$2000 a week living?
 

Retired; APRIL 2014 Thank You Gambling
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yes, easily, It needs to be managed just like a traditional investment account, in that youu gotta take out profits at the end of each quarter,,,

tater:toast:
 

Rx. Junior
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That is entirely possible....If you have a family and other responsibilities to attend to...I'm not sure that is feasible...
 

Rx Wizard
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It all depends on how much money you bet a week? I average 30 bets a nite, so for the week that is over 200 bets. Now if you bet $500 a bet (which is how I would do it with a 100k bankroll, gives you a 200 unit bank) over 200 weekly bets that means you are putting a little over $100,000 a week thru the books and if you win at a 1-2% rate (which is what I have won at for almost 2 years) than you would make 1-2k a week.

If only it was that simple. Bottom line variance will be tough on most. But if you can handle the ups and downs (which most cant, IMO), you would then need to find enough plays, which takes a lot of time, effort and outs.

To answer your question, yes. None of the math behind this is unrealistic. It would be some other things you would have to deal with but that would very close to how I think a person with a 100k bankroll would perform if they were making +ev bets all day.
 

Triple digit silver kook
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yes, easily, It needs to be managed just like a traditional investment account, in that youu gotta take out profits at the end of each quarter,,,

tater:toast:

I think posting that it easily could be done is a stretch.

Anybody making a weekly average of 1.5% from an investment account could earn alot of money in the world of hedge funds.

Just using the 100k after pulling out any gains, would be 78% a year, and that level of gains over a time period of 5+ years would be incredible.
 

Woah, woah, Daddy's wrong, Mommy's right.
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To answer your question, yes. None of the math behind this is unrealistic.

The unrealistic math is living on $1-2k/week. Especially for someone who is able to put together a $100k bankroll.
 

Home of the Cincinnati Criminals.
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In the begining I had a 20K bank and was make 4K per week bonus whoring.
 

powdered milkman
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easy loan it out........point and a half a week and make sure you make them pay
 

Rx Senior
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I'm going to say no. (I understand it is "possible").

we are saying we want to make an annual return of 52%-104%....rough
 

Uno

Ban Teddy
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the answer to the question is yes... you would have major tax issues as well as the hassle of getting limited and having to trust large sums of money being offshore.

anyone i know that used to roll with that much money is now in vegas or has a 9-5. it was a lot easier when you could move the money with ease and you could rely on pinny.

also you would have to find a true edge... the funniest thing in the world is someone claiming to be a professional who gets down on NFL spreads and totals.
 

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No way. Not in this environment and especially if you live in the US. Too many hassles with the books and not enough outs with off lines that are safe. 5 or 6 years ago i would have said absolutely. Betting is almost getting boring in 2008 and it's all about lack of outs for the bettor and clone lines.
 

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Of course you can. I don't know how these bookies stay in business.
 

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