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  #1 (permalink)  
Old 06-27-2002, 02:27 PM
HongKongphooey HongKongphooey is offline
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Default My New Education in Capping,,,,,

Hi Everyone,,,,

Just wanted to say I found the "School portion" on the front page of this forum,,,,,Its helping shape my angle in capping,,,,,

Sure wish I could have more of yall who are professional cappers check out my formula in PICKS and OPINIONS.....
I thought it would generate more interest,,,

anyway,,,,have a good day guys,,,
Lets Beat the Man!!!!

HongKong,,,
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Old 06-27-2002, 03:11 PM
BuzzRavanaugh BuzzRavanaugh is offline
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Hong Kong Phooey Quicker Than The Human Eye- I loved that show to.

I think you are asking some good questions- and if you are legit- please understand that as you hang out in here you will learn of the constant bullshxt that we endure for people from other forums and other places trying to make us all look like buffoons.

You will find out that there is no magical formula for picking winners and succeeding at this game. There are no solutions like services and other materials out there. I believe the underlying values that the guys who succeed in this game is hard work. The guys who are making a living at this are up all hours studying and preparing for their plays, than they have to find the right numbers, than they have to make the right type of bets. Picking winners is only part of the battle, its having the right access to the lines, do you scour 15 or 20 shops to find that critical half point, am I adequately capitalized in all of my books so that I can take full advantage of opportunities when they are presented. Are you willing to get up in the middle of the night to scour the overnights and bet into them, are you going to be able to study and pick sides and still stare at your Don Best screen for any movements? Was the move a head fake and will they nail the other side was it a legit move and will there be some follow on?

I am interested like you are the answers to the questions?

How did Fishead go from a writer at a sportsbook to a guy able to grind out a living as a professional gambler, that would be a great story?

How did Reno go from riding bikes to the books in Las Vegas to a guy who can afford to live in the most desirable places in the world?

How did Ben Burns start out as a handicapper/gambler to now living in a fantasy island type place and still keep up to date information?

How did Sick Gambler go from being a book to a sharp player and how does he understand every edge out there and what is value?

What does The Major think about the environment right now as a former player?

How does a young guy like Betting Prophets go from new to gambling and betting parlays all the time into one of the sharper players in all sports, how did he find a system for his successful half times?

How does Hockeyguru keep track of all the information necessary for his handicapping, his tireless work ethic and studying umpires how does he know the correlation between the man behind the dish and if the home team is going to win, how does he know from wherever the hell he lives in Canada that Morris (the St. Louis pitcher) was close to teammate Kile and it may adversely affect his performance on Monday night ( I live less that 3 hours from St. Louis and couldn't put that information together)?

How did these guys go from playing the games to making it their livelihood?

This is the information that we should be interested in to find out and if you are legit HongKongPhooey you might be able to pick up some of this information- its not that these guys are going to tell you- you will glean bits and pieces of it from their posts. As you get to know these guys the picture will become clearer. The professional gambler works a hell of a lot harder than your normal 9 to 5'er.
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Buzz, I dont go to games. I buy all the Directv packages and watch them from the comfort of my own home! I dont like listening to all the fans nonsense at games! I pay for blonde women to come over and have sex with my hispanic hottie maid, and sometimes I get involved to make it a threesome! I like to lay in my pool during the day sipping on drinks that have umbrellas!

Luke M
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Old 06-27-2002, 06:57 PM
Alan Alan is offline
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Buzz,

Well said --- bits and pieces are generally all that is available -- what is strange is that most successful guys have only one thing in common ----- 70-80 work weeks ---
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Old 06-27-2002, 08:42 PM
superbook superbook is offline
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70-80 hours per week and a lot more stress than a corporate job...and no paid vacation time, 401K, medical benefits etc.

I'm not a professional, but I wouldn't think of starting out as a fulltime capper without a BR of less than $150,000...that's 10 dimes in 15 books. Maybe I'm way off but that's my impression of the kind of capitalization you would want to start.

Any thoughts?

- Jon
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Old 06-27-2002, 08:59 PM
Machiavelli Machiavelli is offline
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Jon:

All depends on how good you are. A guy whose skills reside in betting full-game sides and totals probably needs about 150K, since those lines are usually sharp enough to prohibit ROI of much better than 8-10%. I think if you are extremely talented at betting the props and/or obscure sports, you can attain ROI of well over 10% which might allow a much smaller bankroll (maybe 30K) to grow quickly.
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Old 06-27-2002, 09:14 PM
Alan Alan is offline
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Superbook,

You will not get many guys to talk about specifics ---- formula's will differ greatly between different individuals based on the type of books they do business with ----- "making a living" is also different for different individuals ------ do you need 100 dimes or 200 dimes or some other number to consider it a "living" ---- to have a reasonable expectation of making 200 dimes a year, you must be able to put at least 3 large in play during the course of the year. You do the math ----- Football only, football and basketball, --- you see were this is going --- in the perfect world of having credit everywhere, this could be done with as little as 50 dimes of bank --- BUT, one bad streak and you are tap city and looking for a job at McDonalds in Tahoe ----- to be sure that you can weather the losing streaks, you either need another job or have 300 to 400 that you can get your hands on in an emergency ---- you can start with 100 and it may well be enough but it does not provide much of a cushion when "living" takes 10 dimes a month.
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Old 06-28-2002, 01:21 AM
HongKongphooey HongKongphooey is offline
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BUZZ ,Alan,,,Everyone,,,GEESH,,this is exactly what I was hopeing to hear,,I really appreciate it,,,,

Im still a little suprised noone gives a shit about my formula in picks and opinions,,,,Oh well,,It must really suck,,,,haha

I think Im gonna have a decent bank,,UGH,,no were near what I OBviously will need,,,Oh well,,,,starting with 10 I guess is decent,,,I have a long way to go,,,I have been reading some of the education stuff on the front page,,,,Im gonna continue to read it,,,Hoepfully noone will mind if I come in with a stupid question,,,,,,

Thank you guys so much,,,,

hongkong
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Old 06-28-2002, 06:13 AM
 
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Hong Kong, regarding your search for handicapping wisdom and enlightenment, my response to you is: why re-invent the wheel? IOW, why not save yourself a lot of time and energy and just ride the coattails of legendary MW 'capper Beantown Jim to untold riches? Ask some of the guys in this forum. I'm sure they'll tell you that they owe all of their success to following the incomparable advice of the one and only Beantown. Hey, who ever said scalpers aren't helpful people?
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