Do you make money betting on sports?

[TLO]

Yes or no.
Feel free to elaborate.

[George Liquor]

I'm profitable in the last 365 days but down maybe 1k or so since it has become legal in Kansas.

I'm very streaky. I'll go on runs where I hit 7 or 8 in a row and then I'll drop my next 5 or 6 bets. I had a string last spring where I hit on something like 23/25. I don't bet big, usually $40-$100 per bet.

[chiefzilla1501]

Originally Posted by TLO

MLB seems like it would be tough.

It was way too tough for me. Underdog hitters have impossible odds. Managers pull weird shit all the time like pull a pitcher who’s rolling in the 4th inning because of some weird analytics.

The best sport for me has been nba. But man these bullshit injury designations because coaches and players are afraid to play regular season games has made it much harder

[chiefzilla1501]

Originally Posted by TribalElder

Haven't tried the sports betting apps yet, it would be hard to stay up based on volumes.

I always see some random ass parlay post where 5 bucks is gonna win them 50k but I figure those are mostly bullshit 1 offs

Yeah that’s a dangerous game. I like to pull some of these for shits and giggles. Generally +1000-2000 is achievable. I had some fun with this with mlb home runs because if you hit one you can recover weeks of losses. But it is definitely something you tread very lightly on because these are way harder than it looks if you only see people do it casually

[Jewish Rabbi]

I’m up about $20k this year. Worst year I’ve had since I started tracking 3 years ago. Gets harder and harder with books shutting down completely and me being limited on others.

[Bearcat]

Originally Posted by chiefzilla1501

Yeah that’s a dangerous game. I like to pull some of these for shits and giggles. Generally +1000-2000 is achievable. I had some fun with this with mlb home runs because if you hit one you can recover weeks of losses. But it is definitely something you tread very lightly on because these are way harder than it looks if you only see people do it casually

I feel like that's my main barrier to betting... I care more about losing $50 than I do winning $50 (whether it's on one bet or across several), but then you use a phrase like "weeks of losses" and I'd probably be out of something like that before I even got to break even (much less continuing after that).

I feel like my wheelhouse would be putting down $5 on a 10k to 1 bet every once in a while.

[notorious]

I did very well last year, got my teeth kicked in this year.

Pretty much the poster boy for "Even Steven"

[loochy]

No.

It's a fun thing and I always lose. If you're seeing it as a money making opportunity then you have some problems and should seek help before you get out of control

[digger]

just like with the lotto, you have to play to win... if you don't play, you can't lose...

[Rain Man]

Originally Posted by Bearcat

I feel like that's my main barrier to betting... I care more about losing $50 than I do winning $50 (whether it's on one bet or across several), but then you use a phrase like "weeks of losses" and I'd probably be out of something like that before I even got to break even (much less continuing after that).

I feel like my wheelhouse would be putting down $5 on a 10k to 1 bet every once in a while.

Pretty much the only gambling I ever do is buy lottery tickets, for just that reason. Regular gambling is a game where the odds are going to grind you into dust, and that's pretty much guaranteed. With the lottery, I get enjoyment out of imagining a big win even though I know the odds are ludicrous.

[wazu]

Originally Posted by Rain Man

Okay, we may get some winners if we're including fantasy football. I can't imagine that more than one or two percent of people make money on the football gambling sites.

Sports gambling becomes legal in Missouri on December 1st. So by this time next year I think most of us expect to have made our first million. (Assuming Vegas still will let us bet on the Threepeat.)

[Rain Man]

Originally Posted by wazu

Sports gambling becomes legal in Missouri on December 1st. So by this time next year I think most of us expect to have made our first million. (Assuming Vegas still will let us bet on the Threepeat.)

A sure way to get rich is to bet on the Chiefs to win while also betting on their opponent to cover the spread.

[BWillie]

If you do you are full of ****ing shit.

I've been an affiliate for a decade. Almost all sportsbettors get the shit kicked out of them if they make enough bets.

[tyecopeland]

I have money available to cash out on draftkings, fan duel and yahoo and I have never deposited to any of those, so I guess yes.

[BigRedChief]

I’m up $400 for the year. I don’t bet large sums of money though.

[tyecopeland]

I finished darts gambling challenge with 98,000 my first year and 76,000 my 3rd year. Went into super bowl week my 2nd year up and made some contrarian bets to try to win it which I wouldn't have done if it was real money. I did bust out the last two years.

But Id say my track record isn't bad. I have thought about starting to do some micro betting.