TheMoneyPrinter | Don't Be A Loser

TheMoneyPrinter Don't Be A Loser: "Now, let’s take a look at some numbers.
The regular Joe will place one bet a week on his favorite team. The odds are at 1.93. This is of course against the spreads or for the total over/under.
Over a year, if he wins 55% of his bets, that would be 29 bets. If he bets $100 a game, he would end up the year with a clear profit of $397.
29 X 1.93 X $100 = $5597 - $5200 = $397
On the other hand, the pro sports gambler will bet as much as 20 games everyday. He will bet $100 a game.
Let’s take a look at the numbers if he has a winning rate of only 53%.
20 games X 365 days = 7300 bets
53% of 7300 bets = 3869 wins
3869 wins at odds 1.93 at $100 = $746,717
$746717 – total wagered = $746,717 - $730,000 = $16,717
NET PROFIT = $16,717
After a couple of years, pro sports gamblers will bet over $5000 to $10,000 on each game. After a couple of years, a $1000 bettor will pocket over $167,000 a year in net profit."