Originally Posted by
kewlJ
I was down $385 at the start of this weekend, for 4 weeks of pro football and 5 weeks of college. I bet baseball, this year for the first time and lost $677. I would say I average losses of $1000 a year. Had a couple winning years but also a couple years where I lost closer to 2 grand. So average $1000 to $1200 maybe.
And I have not convinced myself that anything I do with sports betting is +EV. It is purely entertainment and -EV for me. Guys that play golf once a week, what does that cost $100, probably more counting equipment, cloths, drinks afterwards. Sports betting is my golf.
To update my answer, I was just going over my records for the entire year, from 3 online sportsbooks and bets made at casino sportsbooks here in Vegas and I have pulled into the black for the year @
+$235. Were is the yippie yea emoji.
In examining my numbers I am shocked to find that I have wagered over $730,000 on sports this year. YIKES!
This has been a strange year for me, for reasons that I think everyone is aware, and I played far less blackjack than usual for the first 7 months of the year and was home far more than usual and filled some of that time betting and watching sports. A lot of college basketball and hockey in the spring, tagging along with monet's picks, which I shouldn't disclose because he will stop posting public picks if he thinks I am benefiting.
During the summer it was baseball. And now football, and hockey and basketball underway again.
My standard wager is $100, but I sometimes bet twice and occasionally 3 times as much on games I really like. Despite that I have pulled into the black slightly, I have no delusions that this activity is -EV for me. BUT at the moment, counting time wagering and watching games in the evenings, I am pulling in about 5 cents an hour!
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