TheRightSide said:
betting 1% a game on 10k BR ($100) and betting 10,000 wagers (average 30 a day) hitting 54% is 75k in profit or a 750% ROI on yur money. I am not saying ROI of your money bet but ROI of your bankroll. The absolute key to betting sports is one word : LEVERAGE.
I started with a 10k bankroll on Sept 1 and betting 150k or so a month and have made 200% profit. Not at all far fetched (IMO).
Ill chime in here and tell you, i really dont give a rat's ass, about the stock market... in my opinion ---- you need a boatload of money to make it......
its included in my portfolio, only as investments.......
my future and the real money for me, is in the commodity markets......
95% of the people here have no idea about this..........
ill never try and convince you of anything............. ive done them both, much more than you Ice and there is no comparison...
Trading is Legal btw.........
its included in my portfolio, only as investments.......
my future and the real money for me, is in the commodity markets......
95% of the people here have no idea about this..........
ill never try and convince you of anything............. ive done them both, much more than you Ice and there is no comparison...
Trading is Legal btw.........
I know fish but its getting more difficult to move large sums of money...
im out for now........
Ice, your learning the sports "game", stay in it...........
The trading world is totally different.......... Unless you have a real passion to learn it,,,,,,,,, probably better to just stay away.......
But its like anything else, it can be beat......
Very soon, ill begin real trading with a $25,000 trading account......
Plan is to build it to $50,000........ then keep that amount a constant and simply withdraw the excess monthly........
im out for now........
Ice, your learning the sports "game", stay in it...........
The trading world is totally different.......... Unless you have a real passion to learn it,,,,,,,,, probably better to just stay away.......
But its like anything else, it can be beat......
Very soon, ill begin real trading with a $25,000 trading account......
Plan is to build it to $50,000........ then keep that amount a constant and simply withdraw the excess monthly........
For the record also....
It would take me 4+ years of intense study for me to make half as much money as the past 5+ years gambling offshore could.........even then, doubt if I could do it.
Understand SSI, you know 1000x more about commodity trading than myself..........and on the flipside, probably know more about sportsbetting than you(to whatever degree that may be.)
It would take me 4+ years of intense study for me to make half as much money as the past 5+ years gambling offshore could.........even then, doubt if I could do it.
Understand SSI, you know 1000x more about commodity trading than myself..........and on the flipside, probably know more about sportsbetting than you(to whatever degree that may be.)
the point you're missing is that to make 10-15% in the market is as simple as diversification. It is VERY low risk, because you're spreading your money out in different countries, different types of investments, for different time periods. The standard deviation will be a much narrower band than sports betting.
And Ice, if you can hit 55% of plays, and find 30 a day, I commend you. The majority can not do that for one month, one year, or any extended period of time. The difference is, even the least savvy investor can read the wall street journal and get enough of the basics to start investing safely and successfully tommorrow.
Do you have a 401k or IRA account? If you do, then I'd guess it's pumping off at least 10% per year, and how much time do you spend on that? A lot less than we all do on the Rx pouring over games and lines I'd imagine.
And Ice, if you can hit 55% of plays, and find 30 a day, I commend you. The majority can not do that for one month, one year, or any extended period of time. The difference is, even the least savvy investor can read the wall street journal and get enough of the basics to start investing safely and successfully tommorrow.
Do you have a 401k or IRA account? If you do, then I'd guess it's pumping off at least 10% per year, and how much time do you spend on that? A lot less than we all do on the Rx pouring over games and lines I'd imagine.
your correct Fish,,,,,,, i was merely trying to convey the similiarities between the two and to let you know, there is a whole other world out there......
if your a scalper of middler,,,,,,, you could become a spread trader or option seller............. they make a boatload of freaking money.....
No way id send 15-100k offshore now........... no way..........
if your a scalper of middler,,,,,,, you could become a spread trader or option seller............. they make a boatload of freaking money.....
No way id send 15-100k offshore now........... no way..........
In sports you can look at trends and how the public reacts and has reacted in the past (when seeking middles and scaulps).
With commdtys, you are dealing with reports not privy to the public, weather (huge factor), gas prices (cost of production) and trade deals with 3rd world countries.
IMO to get a REAL feel for the comdty mkt is a pipe dream.
just IMO.....
With commdtys, you are dealing with reports not privy to the public, weather (huge factor), gas prices (cost of production) and trade deals with 3rd world countries.
IMO to get a REAL feel for the comdty mkt is a pipe dream.
just IMO.....
boat, thats where your wrong............. im almost a 100% technical trader... the fundamental news is merely for long term forecasts and to determine the overall trend......... has absolutely nothing to do, with the day to day action........... its all technicals........
you cannot trade the fundamentals,,,, unless you are very deep pocketed or your option trading..........
ill tell you this, many times i can tell you the high or the low for the next day, just by looking at charts............. and that is useful information and its all technical..........
you cannot trade the fundamentals,,,, unless you are very deep pocketed or your option trading..........
ill tell you this, many times i can tell you the high or the low for the next day, just by looking at charts............. and that is useful information and its all technical..........
Fishhead said:
There's nothing wrong with that, while you figure out what your next move is. The WORST thing you can do with your money is jump into something you know little or nothing about.
If you want to get a good return at low risk, and you have several hundred dimes to work with, you might want to look into landlording with rental properties.
boat, do you know what technical trading is........
it has nothing to do, with being computer generated....... it has to do with the price movement and charting.......... i spend hours looking at prices and charts..............
there are many things involved in technical trading and mine have nothing to do with a computer program........
it has nothing to do, with being computer generated....... it has to do with the price movement and charting.......... i spend hours looking at prices and charts..............
there are many things involved in technical trading and mine have nothing to do with a computer program........
