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02-02-2012, 05:40 AM
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#1
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Racing Form Detective
Join Date: Jul 2007
Location: Lincoln, Ne but my heart is at Santa Anita
Posts: 16,316
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A question for online poker players and ADW bettors.
If you were 21 years old and in college or just out of college and you looking for a way to supplement your income by gambling, would you choose online poker or betting the ponies or some other form of gambling and why?
__________________
Some day in the not too distant future, horse players will betting on computer generated races over the net. Race tracks will become casinos and shopping centers. And some crooner will be belting out "there used to be a race track here".
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02-02-2012, 06:10 AM
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#2
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Registered User
Join Date: May 2011
Posts: 22,655
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is this a yes or no question, or choose your alternative?
I would choose buying/selling on eBay as my preference of gambling - why?
I was in college 25 years ago, and did the things you mentioned - then there was more expense involved getting to a track (travel, admission, program, form, extra data) or to a casino (travel / stay in Vegas /Reno) - it sure is easier / less expensive now to do those things - and either they have changed or I was slightly uninformed / overconfident. I really like how now I can started and bet /play within 3 minutes deciding hey lets play some horses/poker/blackjack.
But the eBay alternative was not available - I could do swap meets or collectible (gun,coin,stamp,sportscard,comic,starwars,....) shows, but frequency and travel limited how often and increased cost of doing them.
Having and doing them all, the eBay alternative is the easiest method to supplement income (for me, now) on a consistent level - the other sources have nets that come in 'slugs' with periods of slow drains to cash/bankroll.
ps, thx for mentioning the Tilt series in a thread about Luck, I have watched a couple shows on you-tube but now will be using my next 3 Netflix selections to see Tilt season1 - how long did this show last?
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02-02-2012, 07:00 AM
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#3
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Chubby Chaser
Join Date: Jul 2010
Location: New York
Posts: 484
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Quote:
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Originally Posted by Robert Goren
If you were 21 years old and in college or just out of college and you looking for a way to supplement your income by gambling, would you choose online poker or betting the ponies or some other form of gambling and why?
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The landscape has changed but, between 2003-2008ish online poker was the way to go. It wasn't hard to eek out a profit and with bonuses (called bonus whoring) you could do quite well.
Maybe someday we'll see that boom again here in the states.
paging thaskalos
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02-02-2012, 08:03 AM
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#4
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Registered user
Join Date: Oct 2008
Location: FALIRIKON DELTA
Posts: 4,439
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Any form of gambling, including poker, horses, binary options, day trading, lotto and keno should never be seen as an income to supplement especially in the young age of 21!
Despite the fact that some of this forms of gambling (namely poker and horse betting) can in theory be beaten the practical requirements are so demanding that make it statistically impossible for a young kid to posses the skill, bankroll, discipline and experience to have a realistic expectation of positive results....
Without a doubt I would advice the kid to stick with his college and his career than fall in the fallacy of becoming a professional gambler.... The odds are way much better!!
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02-02-2012, 08:08 AM
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#5
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CHEESEY
Join Date: Mar 2008
Posts: 7,369
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18-year old had 'em buzzing
click link for story
Here's a young man paying his way through University
with his winnings from the track.
This young man is a PaceAdvantage member
***
__________________
"Have another donut you fat pig!"
—Jim Schoenfeld
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02-02-2012, 08:16 AM
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#6
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Registered User
Join Date: Mar 2001
Location: CT
Posts: 350
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my 20 yr nephew is in college, poker is big, nobody play horses anymore at that age, when poker goes online, you'll really see a decline in racing
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02-02-2012, 08:31 AM
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#7
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Registered User
Join Date: May 2008
Posts: 1,556
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Futures trading.
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02-02-2012, 09:11 AM
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#8
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Registered User
Join Date: Jan 2009
Posts: 404
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Quote:
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Originally Posted by Jay Trotter
18-year old had 'em buzzing
click link for story
Here's a young man paying his way through University
with his winnings from the track.
This young man is a PaceAdvantage member
***
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Record keeping, Patience and Discipline:
Funny how that formula keeps coming up.
Oh so true.
Windoor
__________________
Divide by "SEVEN"
And Remember
The numbers have hinges
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02-02-2012, 09:45 AM
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#9
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Registered User
Join Date: Apr 2009
Posts: 1,336
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Sell "medical" marijuana 
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02-02-2012, 10:48 AM
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#10
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,646
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Quote:
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Originally Posted by DeltaLover
Despite the fact that some of this forms of gambling (namely poker and horse betting) can in theory be beaten...
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You don't feel trading can be "beaten?" It just might be the easiest of the three in my opinion...
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02-02-2012, 11:19 AM
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#11
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Registered User
Join Date: Jan 2006
Posts: 28,569
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Quote:
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Originally Posted by DeltaLover
Any form of gambling, including poker, horses, binary options, day trading, lotto and keno should never be seen as an income to supplement especially in the young age of 21!
Despite the fact that some of this forms of gambling (namely poker and horse betting) can in theory be beaten the practical requirements are so demanding that make it statistically impossible for a young kid to posses the skill, bankroll, discipline and experience to have a realistic expectation of positive results....
Without a doubt I would advice the kid to stick with his college and his career than fall in the fallacy of becoming a professional gambler.... The odds are way much better!!
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Yes Delta Lover...we all agree.
But, in all fairness, Robert Goren said nothing about the kid becoming a "professional gambler". It was assumed that the kid already had a job...and was looking for a way to supplement his income in his spare time.
Even 21-year olds have hobbies, you know...and there have been plenty of young people who have started playing online poker as a hobby, and were able to turn it into a lucrative career in a relatively short period of time. Some have even gotten rich; I know because I am well acquainted with two of them.
I don't normally encourage young people to get into gambling, but if they are going to do it anyway...online poker is the way to go.
It's so convenient that it fits every schedule...you can start playing for very small stakes, in order to keep your "tuition" cost to a minimum...and if it turns out that you have what it takes -- then the sky is the limit..LITERALLY!
I suppose the kid could supplement his income by getting a second job...but that's hardly the life for a 21-year old, IMO. At that age...we should be allowed to dream.
Like the man said..."money won is twice as sweet as money earned"...
If online poker were only legal... 
Last edited by thaskalos; 02-02-2012 at 11:31 AM.
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02-02-2012, 12:15 PM
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#12
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Registered User
Join Date: Dec 2009
Location: Winnipeg
Posts: 1,501
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I've grown up with both worlds. Online poker and the racetrack. Though I prefer the racetrack, a way larger percentage of my friends play online poker, since its legal in Canada. That being said it's way more common for my friends to spend money gambling on single nights at a casino like blackjack or roulette, or sports gambling through BoDog or the Proline run by the government. If you asked 18 yr olds here who was gonna win the Habs and Blackhawks friday night, theyd tell you the right answer more than they could with A/8 off in the cutoff, with no raisers in front.
Tuition is also lower here, so cash isn't as tight for some, though everyone is still saving and saving, but I'd say it goes.
1) Sports Gambling
2) Casino
3) VLTS
4) Online Poker
.....
15) Horse Racing
That's my take, but I'll choose the ponies anyday. You can see Jay's post for that reason. haha
That's just ho
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02-02-2012, 12:40 PM
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#13
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longshot kick de bucket
Join Date: Aug 2009
Location: niagara falls ont.
Posts: 1,218
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If it helps in your decision, legal, vegas style sports betting will be in canada within six months. Good bye proline.
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02-02-2012, 12:41 PM
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#14
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Racing Form Detective
Join Date: Jul 2007
Location: Lincoln, Ne but my heart is at Santa Anita
Posts: 16,316
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I want to make one thing clear, I would never advise a young person to become a professional gambler. It is very tough way of life even if you are very good at it.
__________________
Some day in the not too distant future, horse players will betting on computer generated races over the net. Race tracks will become casinos and shopping centers. And some crooner will be belting out "there used to be a race track here".
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02-02-2012, 01:48 PM
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#15
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,887
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Poker.
I would not look at horse racing if I were 18 today and starting out fresh.
Why would I?
To read about the game, it is fixed, crooked, and they are cruel to horses.
Not a game I would look at getting into.
__________________
Who does the Racing Form Detective like in this one?
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