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

Title: Handicapping For A Living
Post by: horsegoer on August 12, 2014, 12:57:02 PM

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, 01:01:45 PM

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, 02:57:25 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, 03:16:29 PM

He must mean all the bookmakers.

Title: Re: Handicapping For A Living
Post by: miff on August 12, 2014, 04:54:09 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, 07:35:25 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, 06:48:31 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, 11:28:20 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, 07:05:43 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, 10:53:18 PM

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