Reply to Do your husbands gamble on sports?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Yes, he’s very good at it. He nets $3k - $5k each week.[/quote]

What a loser you allow it [/quote]

Allow it? He’s a grown man. He’s won six-figures. After building a large balance across apps he now transfers weekly winnings into a joint account. He’s playing with their money now. I don’t understand gambling, but I understand that our account balance keeps growing. You do you.[/quote]

This is not true. No one actually makes money from gambling in the long run. The margins taken are too high.[/quote]

Also anyone actually making $3K-$5K per week consistently gets their max bet capped at a ridiculously low amount by the sportsbook almost immediately. They're not in the business of losing money and there is nothing stopping them from getting rid of the customers they don't want.

More likely is that the husband is only telling the wife about the wins and hiding the losses.  [/quote]

This isn’t necessarily true. Capping is based on several metrics. If you carry a $20,000+ balance on your DraftKings account you could bet it all on an NFL moneyline. Serious gamblers spread their bets across several apps to minimize the risk of capped bets. No app wants to lose a bettor with tens of thousands of dollars in their bank that could be wagered with a click.[/quote]

You're confusing "$3k-$5K swing per week" with "consistently winning $3K-$5K per week."

If you've got $20K in your account and you're making multiple $1-2K bets, winning some and losing some, you're an app's dream customer because statistically you'll lose a little more than you win but probably not lose enough to make you quit. But that's not "making $3K-$5K consistently," that's having $3k-$5k in wins but slightly more in losses and losing a few hundred or thousand a week over the long term.

If you're profiting $3K-$5K per week consistently, as in withdrawing $3K-$5K in profit every week for multiple weeks, you're getting capped or banned real quick. And that's not something the casual bettor can even do, which is why there's virtually no chance this guy is actually winning $3K-$5K per week and is almost certainly lying to his wife. The only way to consistently win large sums week after week is wagering huge sums on arbitrage betting, (which will definitely get you capped or banned) to have inside info, (which hubby definitely doesn't have) or to have Sam Rothstein-level aptitude and spend hours a day making spreadsheets, which will also get you capped or banned eventually, it'll just take them a little longer to catch on. [/quote]I know lots of people that do well betting and nobody has gotten capped. DraftKings isn’t worried about 5 k a week as they are making millions a month. [/quote]

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