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General Category => Ask the Experts => Topic started by: horsegoer on August 12, 2014, 10:57:02 AM

Title: Handicapping For A Living
Post by: horsegoer on August 12, 2014, 10:57:02 AM
Just curious. Are there any guys who use the Thorograph sheets and make a living from betting? I\'m talking making a profit of course but one that would exceed 100k a year.
Title: Re: Handicapping For A Living
Post by: fjmb on August 12, 2014, 11:01:45 AM
Good question.  I always wondered the same if you can make a living betting Horses?  I know a lot of guys that make a living betting sports.
Title: Re: Handicapping For A Living
Post by: joemama on August 12, 2014, 12:57:25 PM
Could a number be put on \"a lot of guys\"?
Title: Re: Handicapping For A Living
Post by: Boscar Obarra on August 12, 2014, 01:16:29 PM
He must mean all the bookmakers.
Title: Re: Handicapping For A Living
Post by: miff on August 12, 2014, 02:54:09 PM
Way more sports bettors beating that game than so called horse betting pros that are beating racing.

Prior to the days of racing rebates, there was data from a consulting firm which indicated that only 5-7% of regular horse players were beating the game over the long term.With rebates,would think the % of winners is now higher.
Title: Re: Handicapping For A Living
Post by: Boscar Obarra on August 12, 2014, 05:35:25 PM
5-7% ? is there a missing decimal point in that stat?

 And of course more sports bettors \'beat\' the game, but as for making anything resembling a living, I doubt it\'s a significant figure.

 Poker I can see, as they are feeding off suckers and play against a very low takeout.
Title: Re: Handicapping For A Living
Post by: Rick B. on August 13, 2014, 04:48:31 AM
I know one guy in Chicago, but he\'s not a TG user.

I\'m sure there are a few more that I don\'t know.
Title: Re: Handicapping For A Living
Post by: billk5300s on August 14, 2014, 09:28:20 PM
Rick B, are you talking about \"Moe\" in Chicago?  By far the most disciplined player that I\'ve ever met if it\'s him.
Title: Re: Handicapping For A Living
Post by: Rick B. on August 15, 2014, 05:05:43 AM
Don\'t know Moe.

The guy I am thinking of is Jim Benes, he of
the NHC Championship a couple of years ago.

Truly nice guy, but I don\'t say a word to
him during the workday. Afterwards, a soda
or maybe a beer, and he\'s on his way home
to Dad duties.

One incredibly focused human.
Title: Re: Handicapping For A Living
Post by: wrongway on August 15, 2014, 08:53:18 PM
I believe Mr. Benes won NHC national tourney at Las Vegas in 2013.