Quote:
Originally Posted by acorn54
alton is right on the money. very few arenas in gambling are as advantageous to the player as horseracing. in poker you have to ante up every hand to stay in the game. in horseracing you are free to participate only when you have a decided advantage. you are not required to bet every day or every race. the problem is the mindset of the average horseplayer. if they looked at their wagers as investments for their portfolio, they would grow their investments very nicely.
unfortunately most don't do that.
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It is correct that if poker had no ante or blind bets that your Dog could play a small set of premium hands written on a cocktail napkin. This as with most easy to execute successful strategies would have the value sucked out of it toot-sweet. Horse racing as far as advantages is closer to the bottom of the list than the top. Wagering with bookmakers who pay is far and away the best proposition. If you break it down to Sports Betting,Gaming Machines, "live" and internet poker and pari-mutels. IMO earning 80-100k a year at the parimutel's is by far and away the most difficult task. I didn't include casino table games due to the lack of potential arenas.
