Future of sports betting: the marketplace

I know someone who bought a Mercedes by betting on football, $200 or $300 at a time. He watched all the games, followed the injury list, etc. It's labor intensive but possible.
 
drcha said:
I know someone who bought a Mercedes by betting on football, $200 or $300 at a time. He watched all the games, followed the injury list, etc. It's labor intensive but possible.
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There was a guy claiming he made more than $100,000 a year playing fantasy sports when he was attending college. He spent four hours a day checking sport statistics. It seemed he had an understanding of statistics.

You can watch how he did it on the PBS TV channel Frontline documentary "The Fantasy Sports Gamble."
 
algofy said:
See if you can get the same % return from $200 now. Huge house advantage at dk.
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Hahaha. Come on I'm not that stupid.
I've been playing the triple ups with great success. Those big contests are just like picking the lotto.
 
LacesOut said:
Hahaha. Come on I'm not that stupid.
I've been playing the triple ups with great success. Those big contests are just like picking the lotto.
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Even the double and triple ups have a similar 10% house edge.
 
drcha said:
I know someone who bought a Mercedes by betting on football, $200 or $300 at a time. He watched all the games, followed the injury list, etc. It's labor intensive but possible.
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Injuries are a big factor. To win however, you have to study 44 different players for every game. Know whats going on on and off the field.

Playing the markets is easier by a factor of 10.
 
Yes, I agree. Given the time he was putting in, I doubt that he made much per hour getting that car. But he had fun doing it.
 
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