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Professional Gamblers
| July 19th, 2011 at 11:57:46 AM permalink | |
| iwannaiguana Member since: Jun 4, 2011 Threads: 7 Posts: 88 | I was just thinking about all the kinds of professional gamblers. I can only think of 3: blackjack, poker, and sports betting. For me to consider someone a professional gambler their primary source of income needs to be gambling, and they need to consistently be making enough yearly income to support themselves by playing +EV games. Are there any other games you can find in a casino where people make a living nowadays? |
| July 19th, 2011 at 12:04:01 PM permalink | |
| Nareed Member since: Nov 11, 2009 Threads: 218 Posts: 7274 | Do you include VP in poker? Both Bob Dancer and Jerry Logan (Singer), at least, claim to be able to make a living from VP. This space is closed for remodeling |
| July 19th, 2011 at 12:12:57 PM permalink | |
| rdw4potus Member since: Mar 11, 2010 Threads: 57 Posts: 1975 | I think some folks make a consistent living hole-carding on games like Mississippi Stud or 3 card poker. It's kind of cheating, but it's a repeatable money-making system. "So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett |
| July 19th, 2011 at 12:19:48 PM permalink | |
| thecesspit Member since: Apr 19, 2010 Threads: 38 Posts: 3106 |
I don't think either Logan or Singer (or both if you prefer to think of them as one entity) claimed to make a living from it. Just a lot of money. Subtle difference, no doubt. "Then you can admire the real gambler, who has neither eaten, slept through nor lived, he has so smarted under the scourge of his martingale, so suffered on the rack of his desire, for a coup at trente-et-quarante" - Honore de Balzac, 1829 |
| July 19th, 2011 at 12:47:48 PM permalink | |
| iwannaiguana Member since: Jun 4, 2011 Threads: 7 Posts: 88 |
I would not include VP. There are machines that can be played profitably, but they are only available at lower limits. There has been at least one notable occasion where a casino screwed up and put a + EV VP in the high roller room, but the chances of finding a machine like this are few and far between. As far as I know there are no documented cases of players making a living off of VP. If a casino sees a VP machine is consistently losing money they are not going to be stupid enough to leave it out. |
| July 19th, 2011 at 12:58:32 PM permalink | |
| heather Member since: Jun 12, 2011 Threads: 4 Posts: 252 |
I think that I've mentioned on here before that I had an uncle who made his living handicapping thoroughbred racehorses. Somebody else replied that his uncle had also made a living doing the same thing. So there's one other kind of professional gambler playing a positive EV game. Lyle Stuart was supposed to have been a professional baccarat player, but also made money publishing. The idea of playing baccarat professionally seems bizarre to me, and baccarat is my favourite game. |
| July 19th, 2011 at 1:19:39 PM permalink | |
| kp Member since: Feb 28, 2011 Threads: 7 Posts: 422 | How about being a casino owner? |
| July 19th, 2011 at 1:48:40 PM permalink | |
| zippyboy Member since: Jan 19, 2011 Threads: 1 Posts: 622 |
That didn't work out so well for Sam Nazarian, did it? "Poker sure is an easy game to beat if you have the roll to keep rebuying." |
| July 19th, 2011 at 2:12:19 PM permalink | |
| Nareed Member since: Nov 11, 2009 Threads: 218 Posts: 7274 |
Fair enough. But a skilled player can win while many others lose and still the machine would turn a profit. How about this. Would you consider a person who plays VP and publishes books about it to be a professional gambler, provided all his income is derived from play and books about VP? This space is closed for remodeling |
| July 19th, 2011 at 2:16:30 PM permalink | |
| zippyboy Member since: Jan 19, 2011 Threads: 1 Posts: 622 |
Those who can, do. Those who can't, teach. Or write books. "Poker sure is an easy game to beat if you have the roll to keep rebuying." |
| Bovada is the only Internet casino endorsed by the Wizard. Here are my reasons why and my promise of support. |