www.CostaRicaTicas.com

Progressive betting is typically no better than any other system. The reason is betting limits. If there were no limits, people would just keep doubling until they win, which is one reason bet limits are in place.. to prevent that.

What's more likely to happen is you will hit your cap and lose it and be back at square one.

Even when you win after the 2nd or 3rd progressive bet, that will be offset by the times you lose everything due to caps.

Progressive betting is only marginally smarter in sportsbetting than craps or roulette, since skill at least can affect the odds to improve your chances of winning. If you must use a progressive system, you best be able to use it strictly to counter bad luck in a "best of it" situation.

There are two kinds of gamblers, losers, and liars. dont even think about betting the sports for a living. There are very few sports players making a living gambling unless they are taking the bets or selling their picks online to the suckers. You can not out run 11 to 10.

There are very few sports players making a living gambling unless they are taking the bets.

Thats a way you would win.

I would say that as much as 20% of all sports gamblers make money at it. Maybe they don't all do it for a living, but if you know what you're doing, and you aren't greedy, you can steadily make a good income.

It's just not what most people expect. Consider also that many of those people find other ways to earn income, such as getting a percentage of the losses of others they bring in to the book.

Being a professional gambler means being in it for the long haul, not someone that always wins. Professional gamblers may have bad streaks that last weeks or months, but at the end of the year they will come out ahead.

It's the same with books. They don't always win either. Sometimes they have streaks where the players win a lot more than they lose. This especially happens in baseball. Sometimes there are times when all the favorites win. When that happens, the books lose big because lots of people parlay the favorites.

Anyone who has ever worked in a sportsbook knows that gambling is for suckers. The fact is that 90% of the people who open an account LOSE it all. Sure a few people can win overall but not many. In the long term the sportbooks alway win.

Ever wonder how a guy who owns bodog could turn a 10K investment into a billion . He got lots of suckers to play.

Ever wonder who financed all the big hotels and casinos in vegas. Suckers.

I have seen many of the guys who work in the Sports books in CR and they are living it up there. I have a known a few guys in that business and their stories are fascinating. Are sports books legal in CR, I can never get a straight answer.

PURA VIDA!

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Livin' & Lovin' in Key Largo....oh....And the one in The Keys, too!

Sports books are legal in Costa Rica. The guys you meet, who work in them, are not gambling for a living and are not necessarily legal to work in Costa Rica. Many perpetual tourists, who do not have the necessary documentation to work, are employed in that industry. While they may also gamble that is not how they support themselves.

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Pura Vida
Only Irish coffee provides in a single glass all four
essential food groups:
alcohol, caffeine, sugar and fat.
Alex Levine

People in the sportsbook industry don't put the same sense of value on money that everyone else does. They can blow $5000 in a night and not think twice, because they aren't worried about their retirement, or saving money, or their K*ds college funds, or whatever.

That doesn't mean they're all that much better, financially speaking, than anyone else. I've seen people living in trailer parks that blow money like that, and then they wonder why their wife and K*ds leave them, why they have nothing to show for their hard work, etc..

There's a feeling in the industry that money is a commodity, it comes and goes. Take advantage of it when you have it. It's true, they might make 10,000 in a day, but they might lose 20,000 more next week.

That's almost like saying that people in the restaurant industry can blow $5000.00 in a night and not think twice. They might if the own the restaurant or are the executive chef or some similar position. If they are the average worker they do not have that kind of money.

The average guy working in a Costa Rica sports book has a base pay of $5 to 6 per hour plus commission. If he is really a good sales person he might average $1500. to 2,000 per week. He is hardly blowing $5000.00 a night and not thinking twice. The owner of a sports book, like Calvin Ayer, and a few top executives earn 6 figure incomes but not the average Joe.

Your post gives a distorted picture of the average workers wage.

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Pura Vida
Only Irish coffee provides in a single glass all four
essential food groups:
alcohol, caffeine, sugar and fat.
Alex Levine

I'm not talking about the people answering calls. And i'm not talking about the execs. There is a whole class of people in the middle area, and many of them do things like bet the plays of known good people at other books, etc..

It's not as black and white as people like yourself like to think.

and it also not as lucrative as you like to portray it.

_________________
Pura Vida
Only Irish coffee provides in a single glass all four
essential food groups:
alcohol, caffeine, sugar and fat.
Alex Levine

I think we can all go back and forth on this topic all-day long. Bottom line is that there are a few smart players out there that do make good money playing sports or should I say wagering for a living.

FOR THE RECORD Casinos in Vegas are built on overall gamblers slots and table games,not sportsbooks actually most books only hold about 2 to 2.5 % they really dont do as well as they use to.

On-line site such as pinnacle have made books hard pressed for numbers as most SHARP Bettors have know taken there wagering off-line, I did and I live in vegas Casino odds suck most of the time.

Will you become a multi millionare off wagering highly unlikely unless yur bankroll to begin with is a half a million plus however you can grind out Nice profits over the LONG RUN IE: A full year of beeting with proper money mangement For sure one can.

Money Mangement and STRICT Displine are the Keys...........

Stein

Well said especially if the emphasis is on "few"

_________________
Pura Vida
Only Irish coffee provides in a single glass all four
essential food groups:
alcohol, caffeine, sugar and fat.
Alex Levine

I do know a couple of people that made a very nice living from sports gambling. So good that they have to find ways to wash their winnings. However, if you do it for a living its a job and to be good at it, you have to work your ass off looking at lines, stats, and everything else.

Difference between being a professional sports bettor and having aregular job is that the stress factor in betting is huge and it takes a while to reach a big enough bankroll where you can bet without stress if there is such a thing.

The people that do it for a living are math geniuses. its a pretty simple game but very time consuming. One way, is to look at the lines and the way the sharpes are betting and based on that information, you find yourself a book that has the right line for it according to the sharpe´s betting.

Hard part though is winning too much too fast and having a book screw you out of your money when you ask for a payout that raises a red flag.}

The people that do make a good living from sports bettiing are few and rare and you wont hear them brag about it.

Like as been said, you can claim anything and you sound just like the pay sites, funded by gambling sites. Everyone has a gimic and strategy. They need to instill and maintain faith so suckers like you will continue to play. What`s hard is to prove that you win in the long run. Best way would be to have an independant montoring service keep track of the picks, odds, wins and loses over an extended period like a year or few years. I`ve never seen such proof. Also, can you prove that sportsbooks make minimal profits? Calvin Ayre seems to be doing rather well. Again, anyone can come her pontificating with 5 paragraph posts. The defensiveness is rather telling though. Seems the same would prefer to invest their time on "strategies to win" rather than attempting to overturn the many who wisely see sports gambling as a waste of labor and resources.