Do you think you can average a profit of $100 a day gambling?

Search
Joined
Dec 21, 2008
Messages
9,460
Tokens
With the right bankroll and proper bankroll management. Yes. One or 2 games max a day. A $10k BR and a $100 unit bet for 100 units BR.
 

Member
Joined
Sep 21, 2004
Messages
34,790
Tokens
y. but would need a 100k plus bankroll.

and thats an average, not to say there would be down days, or days where I dont evwn think about gambling.

but would need a 100k plus bankroll
 
Joined
Dec 21, 2008
Messages
9,460
Tokens
In poker, it changes... $10k BR lets you play $100 SNG's but that would amount bigger winnings so a nice amount would be 12$ sngs or tourneys and a $1k BR would suffice. At least to me.
 

hacheman@therx.com
Staff member
Joined
Jan 2, 2002
Messages
139,168
Tokens
I do find it funny though, that some bettors make fun of smaller players & claim they can never be 'sharp'.

Doesn't matter if you bet a dime, or $25 per game, if you know your stuff, you know you stuff...
 
Joined
Dec 21, 2008
Messages
9,460
Tokens
y. but would need a 100k plus bankroll.

and thats an average, not to say there would be down days, or days where I dont evwn think about gambling.

but would need a 100k plus bankroll

Why so much $? What is the unit amount? What's the amount of units you require in the bankroll? whats the ideal? 100? 200? 500???

Im no sports gambler, Im seeing it from a poker player's perspective
 

New member
Joined
Sep 21, 2004
Messages
14,836
Tokens
I do find it funny though, that some bettors make fun of smaller players & claim they can never be 'sharp'.

Doesn't matter if you bet a dime, or $25 per game, if you know your stuff, you know you stuff...

Great point !
 

Word.
Joined
Nov 1, 2007
Messages
2,052
Tokens
Some days I can average $100 in a day. But then the next day doesn't usually go so well.
 

Rx. Senior
Joined
Nov 8, 2007
Messages
5,490
Tokens
25-cent video poker should be worth about $40 your first day playing if you were to play an eight hour shift. That can easily double after a few weeks of practice. Then you can move up to $1, $2, and higher. Problem with that is I can't handle playing machines for more than 30 minutes at a time.

With a $40,000 bankroll (just two years of minimum wage salaries) blackjack should be worth about $60 per hour. Problem here is that to stay under the radar you can't play very long sessions. Show your max bet once and get out.

In sports, picking 53% winners and 3 games per day, it would require close to a $350,000 bankroll to earn $100 per day. Picking 6 games per day and winning 54% would only require only around $35,000 to earn $100 per day.

It can definitely be done, but the hourly rate probably won't be too good. Most of us would be better off earn $50 while cutting way back on amount of time required
 

Member
Joined
Jun 12, 2008
Messages
755
Tokens
I once thought I could make that on roulette.

To to answer the question, no. To think you can profit every day is probably the most entry level mistake one can make.

To avg as a whole, only the best can. But in that small realm, the denomination is not relevant.
 

MLB Junkie
Joined
Feb 12, 2015
Messages
1,411
Tokens
100 a day untaxed....me and my boys would talk about this situation all the time...unfortunately without pinpoint discipline and a huge bankroll...

its pipe dreams for 99% of people
 

Banned
Joined
Apr 26, 2016
Messages
26
Tokens
I once thought I could make that on roulette.

To to answer the question, no. To think you can profit every day is probably the most entry level mistake one can make.

To avg as a whole, only the best can. But in that small realm, the denomination is not relevant.

It's funny. As a kid, well 18 years old, I thought so too. So did many people. I went to the casino 4 consecutive days. Made 3600 dollars. I was betting 5 dollars on the middle set of numbers (13-24) and 5 bucks on the last set of numbers (25-36) I'd bet large when I'd lose a couple hands in a row. Although you get black or red many many times in a row, with this ''system'' you rarely get more than 3 or 4 losses in a row. But when you lose you lose double.

Anyways, by the 4th day I got greedy and started betting big and lost all the profits I had made. I'm not saying I wouldn't have lost it all had I kept betting small.

Anyways, short term people will profit in the long run odds will catch up to you. They always do.
 
Joined
Oct 26, 2003
Messages
26,300
Tokens
Would have to work 4/5 hours a day and have 4 or5 outs....scalping isn't that easy but can be profitable....would need a moderate to size able bankroll....
 

Forum statistics

Threads
1,108,914
Messages
13,455,484
Members
99,439
Latest member
haysconcept
The RX is the sports betting industry's leading information portal for bonuses, picks, and sportsbook reviews. Find the best deals offered by a sportsbook in your state and browse our free picks section.FacebookTwitterInstagramContact Usforum@therx.com