Handicapping For A Living

[horsegoer]

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.

[fjmb]

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.

[joemama]

Could a number be put on \"a lot of guys\"?

[Boscar Obarra]

He must mean all the bookmakers.

[miff]

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.

[Boscar Obarra]

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.

[Rick B.]

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.

[billk5300s]

Rick B, are you talking about \"Moe\" in Chicago?  By far the most disciplined player that I\'ve ever met if it\'s him.

[Rick B.]

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.

[wrongway]

I believe Mr. Benes won NHC national tourney at Las Vegas in 2013.