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Sports Wagering vs. The Stock Market Print E-mail

Professional stock analysts, brokers, and advisors are well regarded and viewed as serious men and women who do serious work, while the Professional Gambler is viewed as a hack looking for a thrill at the expense of junior's college education.

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For far too long, those of us who have endeavored to live the life less ordinary by pursuing a career as a professional gambler have been forced to endure the gross misconceptions of the public at large, as well as the tyrannical condemnation of an administration steeped in horrendously outdated views. The Professional Gambler is viewed as some sort of cog in the organized crime syndicate, a renegade, a law breaking degenerate solely responsible for the moral decay of this great nation. We are not viewed as investors in an alternative market, as serious professionals that dedicate significant amounts of time to perfecting our craft, or as intelligent men and women that sought a different means to make a legitimate living.

 

I have decided to embark upon a year long project that will attempt to bring credibility and respect to the Professional Gambler as a serious professional involved in a serious profession. In order to do this, I have decided to compare our means of economic accumulation to the vastly well-regarded field of the Stock Market. Professional stock analysts, brokers, and advisors are well regarded and viewed as serious men and women who do serious work, while the Professional Gambler is viewed as a hack looking for a thrill at the expense of junior's college education.

 

In order to achieve this lofty goal of bringing long overdue respect to this world of ours, I am going to put my name and profession on the line by comparing my sports wagering versus the Stock Market and compare the gains for the calendar year of 2007. This project will allow us all to compare the return on investment of those who wager on sports as a serious means of economic accumulation compared to those who invest in the more traditional field of the Stock Market.


Here are the rules:

I will be posting selections EVERY day throughout the course of this calendar year. I will be using the lines, O/U totals, and corresponding prices posted on Pinnacle at the time of my selection. Since I make my living from Sports Wagering, and am forced to make monthly withdrawals I will be using a "hypothetical account" for these plays. Please know that I will be wagering REAL money on ALL of these selections in my actual sportsbook account, but for the sake of accurate record keeping this hypothetical account will be much easier. I am using the lines, totals, and prices on Pinnacle because that is the site where I lay the vast majority of my action.

I will be starting this "hypothetical account" with $10,000 and we will track how my Sports Wagering performs against the major stock indexes throughout the course of 2007. In order to keep things fair, my competitor put $10,000 into play in the Stock Market and we will see what form of investing produces the greater results by December 31st, 2007.


I will NOT be making any "re-loads" into this account. If I tap out, then the contest is over and the "real investor" has won. If I tap out on this project that means I will have most likely tapped out and be flat broke in reality, so I can almost assure you that this will NOT happen...but in this game I never call anything a lock..

Parlays, teasers, future bets, prop bets, and even bets on movies, etc are all fair game....and from time-to-time I will be utilizing these bets when I feel that they are a wise play and profitable. In addition to my Money System, I will also be using all of the weapons in my wagering arsenal including StatShark. I would also like to share that I am writing a book on this project, as well as my Money System, so I encourage all of you to take part in this project so that I can include you all in this writing effort, which will only strengthen our case for the legitimacy of the Sports Wagering world.

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caley said:

 
so what happened in the end?
July 02, 2008

COACH BOB said:

 
I HAVE BEEEN DOING THE SAMEFOR YEARS, SINCE JAN 1, 1978, DOES ANYONE REMEMBER THAT COTTON BOWL ARKANSAS VS. OKLAHOMA GETTING 18 POINTS AND WON OUTRIGHT, BY WELL OVER 20...THAT DAY WAS MY FIRSTIN GAMBLING AND SINCE THEN I CAN ACTUALLY ATTEST TO THE FACT THAT ...YOU CAN MAKE A LIVING AT IT,ALTHOUGH I WORK A REFULAR JOB, MY RETURNS , BASED ON A $10,000 BANKROLL, RISKING 2, 3, 4 % ON A GAME, 2-3-400 DOLLARS PER GAME WITH MAXIMUM RISK PER NIGHT BEING 12%,AS A RULE RETURNS 60-80 % ON AVERAGE, WORST YEAR DOWN 40%, BEST ...OVER 500%
August 14, 2007

tatehill2000 said:

 
were do i check out this throw down?????

gl
tater
August 13, 2007

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