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Originally Posted by Robert Goren
Yes it is. But is not all that tough for the hobbyist handicapper to show a small profit. What is tough is making enough money to earn a living from today's game.
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I don't buy this premise, Robert. To me...it's very difficult to show ANY kind of profit in this game. This "small profit" and "big profit" talk has always been very confusing to me.
Can the $2 bettor come up with a way to average a $2 daily profit at the track? If he can...then financial security is there for the taking for him. All he has to do is move up his betting unit to what he considers to be a good day's pay. If you can make $2 a day by making $2 bets...then you should make $300 a day, if you make $300 bets. That's where horse racing compares favorably to poker; you don't face tougher competition when you move up in stakes.
And if the low-betting "hobbyist" is not psychologically prepared for bets of this magnitude...then I am here to help. Let him send his picks to me...and I'll wager $500 on each, and we'll split the profits. That way...it'll be worthwhile for both of us.
IMO...it's a myth that there is a great number of "small-betting" winners out there. It's very tough to be a "winner"...PERIOD.
