re: Man loses his hard earned money at the casino and loses it

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You said this, not me. I’m going off of what you said.

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I should have been more clear. You are correct.

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Far, far less than that can actually make a living betting on sports.

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Now this I disagree with. When people are putting up $100,000 or more for their investment it’s no different than going to see your financial advisors. When wagering responsibly on .05% to 3% of their bankroll per wager those are the sharps that are moving the lines on a 220 billion dollar a year industry. That’s not little $50, $100 dollar bettors doing that. These guys hunt in packs. Manipulate lines. Share information and are viewed as a serious liability and threat to the books. Arun Shiva over here in Alabama has a Phd in biostatistics from the University of Alabama. He is a prime example of a guy that can win long term or go to work for the casinos and has a documented 19 years of wagers without a losing year when combining all sports bet in a calendar year. Legalized gambling in a lot of these states has turned it into a serious investment for individuals and groups alike and they aren’t messing around. Where the industry has become aggravating is casinos not letting you wager what you want. They will take a persons money that loses on the regular but soon as you start popping the books for chunks of money they reduce your size of wagers. That needs to be regulated.