Sport Betting Is My Side Hustle
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- Опубликовано: 29 авг 2024
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Straight betting can get you money if you are doing it correctly.
In order for gambling infrastructure to exist, the house must win more than lose. That's mathematical fact, you gamble, you lose
@@ryanconnolly426 If we are talking mathematical facts, they are ways to be a profitable bettor and turn the odds in your favorite mathematically where you can profit from sports betting. It just takes work and the knowledge of how to do that, which 99% or more of people don't have. 99.99% of people don't do this and that's why the gambling infrastructure makes so much money, because it's true that they stack the odds against you to profit off of you, but they aren't perfect in doing that and they are ways to exploit their errors.
“Bless your heart” is the polite way of saying “You’re a total effin’ idiot” down South.
It *can* mean that. But it can also mean exactly what it says. Context matters.
I grew up in the South and I never heard this “mean” meaning until now. Granted, I moved out 30 years ago. Looks like the society there has degenerated right along with the rest of the country.
Very Christian of you guys to immediately jump to laughing and name calling.
vErY cHrIsTIAn Of YoU GuYS
Haha😂
As a Christian I agree it was uncalled for
Acceptance of bad behavior is the greatest lie ever told in church
Very unchristian of YOU to sin every day…
“I’m a saver,” said the gambler😂😂
You can be both. Ever hear of saving some of your wins?
Also just started betting amd saved up 4k 🥱
I actually have profited from betting myself, most of these people in the comments are close minded, including this show. Sports betting can be beaten if you learn the art and science behind sports betting 💡
are you rich yet?
@@ryugurena3327 I take it you’re not either?😅
@@shawnmiller5353 Do you really think you can make money by gambling? That is idiotic.
these guys are losers, strange and funny the confidence someone can have speaking behind a camera
It’s A LOT of work but there are certain statistics that will slightly lean in your favor overtime.
"I'm not gonna get canceled - I own the show."
Savage
@@ToddRogers00 yeah it is. He largely doesn't answer to anything except his viewership, so he doesn't have to worry about big bankers and investors not funding him anymore since everything he has he owns.
@@jire9831 you realize he was around before youtube right?
That reaction is just arrogant.If the guy says it’s his side hustle he probably knows what’s he is doing (arbit or value betting or getting the promo deals).Just because you have economical education doesn’t mean you know everything.Don’t always assume the other person is stupid
Every single statistic about sports betting shows that it is stupid
@@justinb6028that’s because you suck at it lol
Betting in general is stupid . Calling it a side hustle is just laughable
The fact that he said gambling isn't a side hustle it's an addiction shows a great deal of ignorance.
Is alcohol an addiction ? Is sex ? Is drug use ?
No. They are what they are. Can they be addictions? Yes.
@@irvin_rodriguez There is an entire community of people who would disagree with you and are consistently making monthly profit betting on sports. As the original commenter said, simply assuming that anyone who bets on sports at all is automatically addicted and/or blowing all their money is the actual stupid thing here. This is the true display of arrogance and ignorance.
Over 30 years of experience here. Sports betting can be lucrative if you don't overdo it. Doing it every day on multiple games will probably be a losing move. Money management, discipline, and knowledge are required.
False. Volume is the key to defeating bad variance. I make $80k/yr positive EV betting. I'm glad people laugh at it because that's how we keep the books in business and I keep getting paid.
@@ghostmane2643 You are the exception.
@@ghostmane2643 Literally, let the sheep laugh so we can take their money
@@ghostmane2643what do you mean volume is the key. Can you explain a little further?
@@ghostmane2643exactly, it’s so funny how ignorant that old man was. I make half my salary from sports betting and he’s saying it’s not even a side hustle 😭
I've been a saver all my life. I've been following Graham Stephan, Ramsey, and similar guys for many years. They are one of the main reasons why I succeeded in life way earlier than I would normally. BUT...BUT...saying that sports betting can only be an addiction and you will lose no matter what is simply not true. You see...even bookies can't figure out the true probability of an outcome. This simple fact...+ that they are offering bonus offers is making sports betting an excellent side hustle. I succeeded to buy my home with the help of simple yet proven betting strategies. It's very rare that I comment on RUclips videos, but when they were laughing at the guy and his goals with sports betting...it showed me that ignorance and the lack of information can make even smart people seem arrogant and limited in thinking.
Sports bonuses, at least where I live, have dried up and blown away at the licensed sites. That leaves offshore, which is a Cambodean minefield. If you can enter a new licensed market in the first year or two, you can do well with bonuses. Generally speaking though, sports is one of the far more difficult means to make consistent money gambling. Sharp markets like the NFL and NBA are notoriously difficult to find mispriced lines. If you're really sharp, you can earn on props and smaller markets. But that involves mastery of some fairly sophisticated statistical concepts.
On balance, if someone with a $4k roll declares themselves to be a professional gambler, I'm giving the guy who claims he's doing so at poker far better odds than the self-proclaimed sports pro.
Well, sports betting is my side hustle, I don't know why you guys act like there are no exceptions who do it. You are only right about one thing, the income is not guaranteed.
I have been a profitable poker player, but not anything fulltime. I used to play a lot more cash games and now really just do the occasional tournament. That said even though I win money doing it, I dont treat playing poker like some sustainable source of income. When I buy into a tournament I just treat that money the same way I would going out to a nice dinner, not expecting to get any of it back in the scenario that I lose. I really like the game of poker and I think it might be one of the only games where a player can be theoretically profitable because there is no house edge associated with the game. Gambling can be fun, but for most people you just need to accept that you wont change your life with it. If you are toiling away over 4000 dollars then I promise you that you arent the player you think you are.
And before anyone asks no I dont have any debt if you want to gamble pay off your debts first that should be a given.
So much this. I have made good money playing blackjack. As a HOBBY, where if I lost all I gambled no big deal. No debt, just a "I am going to set aside 2k for a 'fun' weekend."
But isnt poker the best chance to win money over black jack, the wheel, or any of the slot machines.. on that hand you must be a great player. Good job!
@@davidm.313 There are a lot more fun things to do for $2k.
@@fuse911 youre playing against other players not the house. it is gambling but i dont even consider it fully gambling
No house edge?? Um, its called the rake; good luck beating it and the other players consistently.
You can't watch a single tv show or listen to a single radio station without seeing or hearing a sports betting ad. It's everywhere. Gamblers fund the ads!! I'm glad I don't gamble..
I made 50k this year betting on the NBA💯 made way more than I lost
Which website bro?
@@vishalgoel4478 Fanduel app lol
Lakers or nuggets?
@@elsour985 Player Props
Congrats you are the exception the 1% that makes money
Don’t gamble what your not afraid to burn 🔥
But if your in debt you shouldn’t be gambling
And really there is nothing good about gambling even if you are not in debt. When I cruise, I walk through the casino and never play their but sometimes I will watch some poor fool lose their money.
Problem is when youre an addict you arent afraid of burning it all including his wifes money too.
Lol Dave calling somebody arrogant is hilarious
These presenters are naive when it comes to Sports Betting. If done correctly, it’s very lucrative, it can be an investment with minimal risk, not a gamble. Making the assumption that everyone who is into Sports Betting is a gambling addict who needs counselling is wrong.
Sports betting is only gambling if you don’t have long term profitable strategies. If you know what you are doing, making a minimum of 10% return per month from a small bank like 4K is normal. With compound growth that 4K bank can grow into a significant amount of money in a few years.
Yeah, where’s the intellectual curiosity?
Absolutely ....all you need personal research..and maximum 2-4 teams per same contest .
Dave and John's reaction was epic.
Delony is way too cool for me, though!
Drake & Josh?
People who gamble should never quit, nobody likes a quitter, if you keep going you'll win eventually, there's so much you can win on, the trick is to keep going and it'll pay off, you can't lose if you try hard enough.
Spoken like true addict
awakenbeerus win every game
I missed where this guy said he was a gambling addict and hiding it from his wife. He never said any of that. The wife knows about the account and wants him to liquidate it, so why would he apologize?
They clearly call him a liar
Exactly.
How is this different than when Dave gambled on short term loans and had to declare bankruptcy? From my POV, we bailed out Ramsey for millions.
What exactly happened?
@@joshuaverde5362he didn't reply back to you because he has no idea at all what he talking about.
Moral of the story is that his worst ever gamble was picking a wife who likes to spend money that she doesn’t have.
Is 55K in debt and betting on sports but blame his wife yeah sure bud.
You guys have all the fun and stress to deal all these jokes and pressure.
Arizona had $692 million in sports bets in March. The Sportsbooks made a net of $18 million. And then people cry about gas prices lol.
Probably not the same people
Honestly thought it would be more
There is only one thing in this entire world that you should bet and gamble on, and that is yourself. Bet on yourself over time and you’ll be better off than anyone doing ‘sports gambling’
For most people this is a bad idea, but this isn't the case for everyone Mr. Ramsey. Stick to what you know. When they both laughed so hard at the beginning, it actually made me laugh at their arrogance. I know plenty of people who have made hundreds of thousands of dollars in sports betting. If there's a will, there's a way. Keep laughing, as the winners laugh all the way to the bank😂😂😂
Drug dealing is my side hustle
All good until you get caught
Imagine someone saying 100% of drug dealers lose money
55k in debt and only earning 61k a year is insane
I made over 24k betting on sports In 2021.
How much you lost?
@@back2the80she lost 0, clearly says he profited 24k
Me personally I gambled and lied… cost me everything, losing money is nothing compared to losing loved ones over this, I pray I get another chance to make things right ! DO NOT THINK YOU KNOW EVERYTHING, be humble
Enron investing was my side hustle back in the day...
This host seems like hes a blast to be around.
Poor fella, i was one of these people for years and now i know many more fools who think they can beat the odds, news for ya YOU CAN'T
its not that he cant beat the odds he actually might its more of human psychology he will chase once he loses and believe me he will lose and he will chase and lose everything
That’s is your own fault that you bet on bad odds
If he is gambling with a positive EV then he has an edge. He will make money over the long run. The only issue is that he will eventually get banned.
as a professional gambler "dr" john and dave are out of touch here
I agree 👍
That’s truth, I’m semi pro myself for years and if only bookmakers didn’t limit and close my accounts I would be able to live from that long time ago
This sounds like an oxymoron, I call any investment that is telted against me a gamble, so you're just an investor then?
@@DiaJasin No, I'm just a player who is able to out play the house consistently, you can call it what ever you want.
@@DiaJasin i dont mess with definitions bud
“Yeah man, they call gambling a disease, but it’s the only disease where you can win a bunch of money.” -Norm MacDonald
Yup no behavior is or can be a disease
“How can I cancel me?” 😂
I dont mind sports betting as long as you budget a small amount and build it up overtime. Just enjoy it for what it is. If times are tough spend all of it on the debt. You can always start again. Now if you can't control yourself then stay away from it.
I love how Dave calls out Jon Delony near the end. Yes you are both making fun of him, can't have Dave being the villain all the time
I live in Las Vegas and am in the Casino Industry Race & Sports specifically. There has been a lot of research on the subject around 3-5% of Sports Bettors win long-term. The other 95-97% of Bettors Lose and even if you are among the few that can actually win Long Term the Casinos will do everything in there power to Limit or outright ban you from making bets. Depending on the Casino or Company MGM , Circa , Caesaer's etc. there tactics differ but all will take measures.
Why not become the 3%? I did.
@@christofl6523 so did I
Expectations: side hustle
Reality: gambling
😂
Dude is 55k in debt and think he has money to play with lol
People are often not worred about their debts. Many want to buy stuff despite not having he money to buy it with!!!!
These guys are such clowns so little minded that they can’t fathom someone being successful at something because they can’t comprehend themselves being able to do it just because most people fail at something doesn’t mean there are not exceptions
I own the show. I can't cancel me.
Winning from gambling creates the illusion that gambling is profitable when it is not. Money is being exchanged for a hightened sense of awareness through a game. If you win, your body is filled with endorphins. If you lose you become averse to the experience. Life is better through calm, certain channels of flow and gain. Abrupt methods for improvement don't bring peace. They are simply a different side of chaos.
I’ve made more money on sports betting than in the stock market.
Why are sportsbooks limiting me or banning me if my method doesn’t work
You guys berating this caller goes against your very own beliefs and principles.
This person is delusional.
Say what you will, I played DraftKings like a mathematical equation and simply took their offered promos and turned 25 into 1300 easily. Never actually gambling, just playing the odds like a math problem
@@KjtheGreatPro Everything is gambling by that logic
@@Pointlessparodys haha touche'!
I'm not a gambler I just multiply my money with sporting events according to their scripts, as they are fixed.
When did the writer say he was losing money, or is down money? Sounds to me like this person watched a youtube video on “Bankroll Management”, decided to give it a go. Is now up $4000 and thinks he can earn some type of income.Just give the kid some advice. Don’t cut him down over something i’m sure he was just curious about to begin with.
I agree, liquidate the winning and pat yourself on the back for going on a hot streak.
Their stance on sports gambling is pretty crazy to me. Yes it can get out of hand but can also be done pretty responsibly. I think the leap that this guy has a problem is a reach, in my opinion.
Yeah it’s weird to just assume anyone who gambles somewhat regularly is addicted. That’s like saying anyone who drinks alcohol somewhat regularly is an alcoholic
It’s weird that they think casino gambling is okay (Rachel talks about playing craps) but sports betting is a sign of addiction
Yeah. I honestly withdraw all of my winnings. If I wanna do it again, when I’m debt free! I’ll toss a little in, yeah. Idk the hate, also I would think they all hedge their investment assets. So I’d like to see what they think of hedging bets.
It’s a massive leap. There is absolutely nothing in his question that suggested he has an addiction. No details were given about how he made the money, other than “betting”. For them to assume that’s as achieved through some sort of addictive means, is laughable honestly.
@@LawTheHybridhe’s $55,000 in debt yet still is gambling. But yeah sure he has no problem huh?
Sports betting can be extremely profitable, but not gambling. Matched Betting is a good side hustle. Many people including myself have made a decent amount. Some do this full time also.
Bro teach me
Isint that just arbitrage betting like oddsjam?
Also oddsjam sucks 👊
Also eventually your accounts going to get limited by the sportsbooks or banned altogether.
@@jeremyscorpio4170 your wrong, there’s actually ways around to still bet after getting limited
Big fan of John and Dave. Have been listening for a couple years now BUT their reaction to this when they don't truly understand sports betting as a side hustle is very closed minded!! I did betting alongside my job and then got good enough that I quit my job and now coach people how to do it. If you learn and understand the math behind it then get the correct software it is possible to be part of the exception to beat the sports book. Most people just don't want to put the effort in so discount it as no way you can win. Very sad..
How can I learn from you?
You need help. You might win a few hundred over the short term..the house always wins in the end or they will limit your account to nothing if you could beat them reliably.
Lol, quit your job so you can “coach” people on how to gamble? Silly little monkey.
My best friend makes an extra 30k - 60k yearly sports betting. My close friend. This is not exaggerated. Been doing it for over 3 years and has always been up. Many website have restricted him. Luckily there are many many websites to use. It can be done.
They are laughing hysterically but are completely unaware that they are clueless on this topic. There is such thing as profitable sports betting as a side hustle, it just takes a lot of work and knowledge, and the income still isn't guaranteed but neither is investing in the stock market. The guy literally said he already built up a 4000 bankroll, he didn't say he's down in money. If this was someone throwing away their money gambling and losing any kind of money the reaction would be warranted, but this sounds like someone who is aware of profitable sports betting and is making a small amount of money on top of his regular income. Just goes to show that these guys don't know everything.
I enjoy the show, but the guy reached out for guidance and you guys overreacted and insulted this guy more than called for.
There sre successful sports betters that make 50k+ a year....i currently make profits every year so....
Sports betting is better then playing those casino games tbh cause you know your shit
This was honestly cringe it just sounded like they weren’t really educated on sports betting the right way. I made $2k in my first month doing matched betting starting from $500 and have been profitable ever since. At first I had their mindset about how only losers / bums would sports betting and gamble and I was completely against it but I’m actual glad I done it because it’s been a good extra income for me.
There are a lot of professional gamblers, including in sports betting, out there. I doubt this man is one of those people.
It is.. you have managed your account.
I know of one so called "professional gambler" who ruined her life early.
@@johnSmith-uz8nl 🤦🏽♂️
@@johnSmith-uz8nl she was just a gambling addict
Dunno why sports betting is worse than MLM, which Dave never says a word against. Best I can tell, the main difference between the two is MLM has a MUCH bigger house edge.
exactly. the odds are most literally stacked against you whereas sports betting feels like a 50/50 at some points with an edge sometimes 60/40, if you do your research and not blindly pick you can make nice money off small bets
I started with $30, won $1700 over time. Drew my $30 out and only gamble with what I won. I’m doing quite well. You CAN make mine if you bet smart.
As with any investment, profits aren’t guaranteed. It takes an incredible amount of discipline and research to be successful in sports betting but it can certainly be accomplished. To the casual bettor, you’re likely to lose it all betting on Monday night football, etc.
No comment on her being a spender and getting them into debt?
You absolutely can find value in sportsbooks. If you compare the odds from tight vs loose books there is often a decent enough gap to produce a positive EV. Its just finding market inefficiencies and exploiting them, much like options trading. What allows it is the fact that the books often are balancing their own action and there is no central authority like CBOE that would cause prices to be tight across all markets. Its by no means guaranteed income with a $4k bankroll but with a good strategy and a large enough bankroll with properly sized bets you absolutely can make money sports betting with certainty. Its not calling the game, its not understanding the sports, its just understanding how a market gets made and hunting for inefficiencies in pricing.
Nah you are mad if you don’t believe you can be a profitable sports better
sports betting can become gambling, but it actually is similar to investing if done correctly. its very difficult but it is possible.
Instant click 😂
Twinsies
Lol yep
Dave, what should I do?
Gambling is okay **IF** it is tamed. For example, you play low-stakes poker with your friends once a year. The big issue is thinking you can consistently beat the Vegas odds, which are written in a way where Vegas almost always comes out on top.
Dave doesn't know about EV betting haha
Reminds me of when people laughed at the idea of making money on the internet.
If you can't make money sports betting, then why do people get limited?
Sports betting is so easy lol you can easily make a living doing arbitrage bets… you can easily make thousands a month, risk it for the biscuit 🤷♂️
One thing you have to understand YOU CAN NOT MAKE CONSTANT INCOME ON SPORT BETTING!!!
But there is big BUT so I know what I do I take certain money for the whole 6months and THATS IT!!!! and also keep track of ur loses and gains
Kindof arrogant yourself Dave
I'm pursuing an aggressive investment strategy by placing all of my liquidity into lottery tickets...I wonder what color my first yacht will be? Wait, why pick? I'll get a few different colors just so i wont have to.
Get a yotta account. Put money in savings to get lottery tickets.
I'm the boss who's going to fire/cancel me...boss talk
Put it all on GS to win it all...
Lose lose lose. Celtics all day
Liquidate it and play when you get debt free
I'm a professional gambler, the real-life chimera, up hundreds of K over years and tens of thousands of transactions. The fact of the matter is that unless you are a freak with 99th percentile mathematical ability and terminator discipline, your "gambling career" will almost certainly end in tears. It may seem strange that a pro gambler would basically agree 100% with Dave on this, but I can attest that almost anyone who actually knows what it takes to gain consistent mathematical edges over the house will agree.
It sounds like we are making fun of you but we are. 😆😆😆
You might actually be very surprised that that guy you think is stupid is right.
Sport gambling is a side hustle, these losers know nothing.
I’m laughing so hard. I love the fact that he claims to be saving money when he’s really losing all of it. I mean when he said that.
When did he say that he’s losing the money?
@@ellerellerek52what happens when he goes on a losing streak and can’t take that 250 out to help his family. He’ll play more to win it and if that loses also ….. you know the rest
The arrogance of Dave and his sidekick here is on full display, clearly a topic they know nothing about, yet feel they have the knowledge to comment on. If anyone from Daves team reads this, i have made over 100k a year sportsbetting the last 3 years in a row (and profitable for 7 years now) and I will let you audit my accounts but if I am right, you will allow me to debate Dave on all the bad advise he gives live on his show, i will wipe the floor with Dave.
I don’t understand why people call in asking for advice from Dave Ramsey. Dave Ramsey has his own preconceived notions about how things work and ergo speaks off of his biases lol
I love gambling. I lose about 2,000 a year. It's just part of my lifestyle. Doesn't pay off financially but it does in fulfillment if that makes sense.
I personally disagree with that and I hope you find a hobby.
@@johnSmith-uz8nl 😂
@@johnSmith-uz8nl you personally disagree with what I want to do with my life? 🤣🤣🤣
@@avilla4013 I think they just , like me, think it’s so stupid somebody gets fulfillment from that.
If you have no debt and are good with your future, you do you, boo. How is it different than taking expensive cruises or buying a fancy car? If you are responsible, more power to you.
lol the thumbnail 😂 Dave is about to lecture someone
i like these guys but they're off on this one. there are actually professional gamblers that can succeed in sports betting if done correctly through gaining a very small edge. i'm sure they have never researched this topic though so i won't hold it against them.
Good stuff in this content here, really helpful info.
Should I tithe my gambling winnings?
Interested in sure fixed games?
Sure 🤷♂️
Tho i think taking direct action and buying some socks for the homeless or a sleeping bag or a cheap tent would be better since God dosent really need the money and im sure he won't fault you for helping someone I need.
Dave is the arrogant. If I would have listened to him I would have never been self-sufficient.
Thank You Both For Speaking Up For Wives! 🗣️ Women We Have To Choose Men Who Have The Interest Of The Family As A Top 🔝 Priority. Vet Him Before You Accept That Proposal. This Is Important 🙏🧐🤯📝
As risky as marriage is, most women should be lucky to even get a proposal.
@@handleyobusiness Marriage Is Not For Broke AND LAZY Men 🦥. If it's Risky To You Then Stay Away And Let The Real Men Handle It! Now Continue With Your Baby Steps 🪜 🍼 And Have A Good Day ✌️
It would be nice to hear y’all be this rough on women too. Not just men
They would not have been this harsh to a woman with a shopping addiction.
What about hedging Dave???? Or sports betting hedge funds? Do u agree with that? I would love a video on that if there isn’t already! Thanks for all you’re advice, stay well! 💜
He may be the exception but he playing with fire. If you play the odds of life this is massively risky. Too high of a risk and much to lose
Dave is too certain here with limited information. Dude could’ve built up that bankroll making a little money at a time on arbitrage bets (no risk). Sometimes certainty can be a signal of closed-mindedness or a lack of information, rather than being a signal of correctness and truth.
Arbitrage bettors get banned instantly. Now it’s you with limited information.
@@chickenkeeper3450 I’ve made a few arbitrage bets in my day, never got banned. These were smaller plays to get free bets… not like $10k arbitrage bets to make $500 which would be more obvious. I’m not necessarily condoning sports betting, though. I don’t think it’s good for people spiritually and it can form an addiction. I just also wonder if being so judgmental and closed-minded is a good thing either.
Y’all definitely didn’t have to do him like that on the internet 😂😂 y’all couldve toned it down a bit