Posted Sunday, August 19, 2012 07:24 PM
What prompted me to do this was reading the thread entitled “Living the Dream”. Well, this is my version of living the dream in the 21st century. I thought I would share with you guys my effort to make money professionally betting sports. I hope to keep this going but who knows how much interest I will maintain in doing it. Anyway, here goes it:
So I have made the decision. I’m taking my talents to Cantor. They say they take all-comers. No bettors refused. They think they have the algorithms and securities trading background to make, and beat the betting market. I’d like to take a shot at them.
The NBA is where my focus and past successes have been. The last few years have validated what I already believed to be true. I can consistently hit 55% against the opening NBA line with 600-800 plays per season.
I have done this with real money. Albeit small money. I only wagered 2% or so per bet of my beginning bankroll (which I have intentionally limited to 5K). I now want to step up to the next level with a six-figure knot and I just don’t feel safe posting up 30-50k with off-shore books. Not to mention trying to cash out for a substantial amount of cash. Hell, they make me sweat out a 2k payment. Imagine trying to get 20! And then the fees. Ridiculous. Probably 90% of the people who deposit never withdrawal simply because the fee... [More]