Guest ChrisHarvard Posted July 26, 2016 Report Share Posted July 26, 2016 The weekend rates will kill ya long term, so I think hotels are out. It's flushing money away to pay those rates. Esp in today's modern world where one weekend will run you a couple bills, most likely more. I know there are some flea bag motels downtown that will give a weekly rate, like a couple blocks from the Cortez. I know guys that stayed at them when I was pro and living at the Gold Spike before the big renovation. The main benefit of living at a hotel is ease of access to the BIG GAMES and the betting window, of course. No vehicle needed and you don't need to ride the bus or take the casino shuttles always sweating they'll ask you for room key verification. I read a lot of posts on CL...apparently a lot of poker players will all shack up at a large single family home and put up a bunch partitions. They basically divide a 1 BR in to a 2 or 3 BR. Seems very uncomfortable conditions, even for $325/month. Your overhead would be low, though. If you have an RV like Kolzig that would be an ideal condition. You could get around on an electric scooter, no fuel costs. Space on a lot will run you, what? 5 bills a month incld water and internet? Quote Link to comment Share on other sites More sharing options...
rito Posted July 26, 2016 Report Share Posted July 26, 2016 Fund all the apps. Live where ever you want. Quote Link to comment Share on other sites More sharing options...
Guest ChrisHarvard Posted July 26, 2016 Report Share Posted July 26, 2016 How do payments work? What about in terms of the IRS? If you're not able to make untraceable, untaxed money the point of living in the state seems moot. Quote Link to comment Share on other sites More sharing options...
rito Posted July 26, 2016 Report Share Posted July 26, 2016 What about in terms of the IRS? If you're not able to make untraceable, untaxed money the point of living in the state seems moot. Then you should not be attempting to win at sportsbetting. Quote Link to comment Share on other sites More sharing options...
Guest ChrisHarvard Posted July 26, 2016 Report Share Posted July 26, 2016 Tipping the writer and paying vigorish isn't enough for you? Do you stay after hours and wax the floors for the books, too? Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted July 26, 2016 Report Share Posted July 26, 2016 How do payments work? What about in terms of the IRS? If you're not able to make untraceable, untaxed money the point of living in the state seems moot. You think the IRS isn't gonna come knocking if you're a winning player and don't claim anything regardless? Get a tax accountant. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted July 26, 2016 Report Share Posted July 26, 2016 Tipping the writer and paying vigorish isn't enough for you? Do you stay after hours and wax the floors for the books, too? No writer to tip on the apps. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted July 26, 2016 Report Share Posted July 26, 2016 The bottom line is... don't do it if you can't afford it. If a couple of hundred dollars a month in nut is going to make or break you, you're going broke anyway. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted July 26, 2016 Report Share Posted July 26, 2016 . Quote Link to comment Share on other sites More sharing options...
Always Call Heads Posted July 26, 2016 Report Share Posted July 26, 2016 What do you mean when you were pro? You tried gambling at one time? I have heard that you can get deals on hotels if you commit to staying in them. Gil Alexander claims he works out of Hard Rock during baseball season. Quote Link to comment Share on other sites More sharing options...
Guest ChrisHarvard Posted July 26, 2016 Report Share Posted July 26, 2016 Regarding the tax issue, I would advise a part time job and not using the app. Even if it's working the counter at a diner Sunday mornings every week. You get tips and more importantly, you get "taxable" income so the $1,800 or whatever it is, makes you an honest tax payer. And I'm not talking Phil Ivey money that I'm making pro. I'm not looking to buy a yacht as a punter. I think we all started out young lads thinking this could be the case, but it's not. There's an expression, do what you love and you'll never work a day in your life. Obviously, it is work. And it's tough. But with discipline, you can prevail. Quote Link to comment Share on other sites More sharing options...
Bfo Posted July 26, 2016 Report Share Posted July 26, 2016 You pretty much need the apps now anyways, because if you don't have them the guy sitting at home on his phone is going to get the best numbers while you are driving to the window. Going to get frustrating very quickly. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted July 26, 2016 Report Share Posted July 26, 2016 I don't understand threads like this. The guy already has all the answers obviously. Absolutely no need for input from others. Enjoy your diner job. Quote Link to comment Share on other sites More sharing options...
Always Call Heads Posted July 26, 2016 Report Share Posted July 26, 2016 Who is going to work a part-time job when they are gambling for a living? That sort of defeats the purpose. Quote Link to comment Share on other sites More sharing options...
Guest ChrisHarvard Posted July 26, 2016 Report Share Posted July 26, 2016 Well that's beneficial to living on property. There is no drive. It's right down stairs. This is just my experience. When I was walking the path, there were no apps. Quote Link to comment Share on other sites More sharing options...
Always Call Heads Posted July 26, 2016 Report Share Posted July 26, 2016 Well that's beneficial to living on property. There is no drive. It's right down stairs. This is just my experience. When I was walking the path, there were no apps. What path did you walk? Sports gambling? Quote Link to comment Share on other sites More sharing options...
Guest ChrisHarvard Posted July 26, 2016 Report Share Posted July 26, 2016 Yes, ACH. I did indeed walk the path. Quote Link to comment Share on other sites More sharing options...
Always Call Heads Posted July 26, 2016 Report Share Posted July 26, 2016 Oh yeah? What was your bank roll at the time and how long did you last? Quote Link to comment Share on other sites More sharing options...
Hangover Posted July 26, 2016 Report Share Posted July 26, 2016 What path did you walk? Sports gambling?The path of the righteous Quote Link to comment Share on other sites More sharing options...
Guest ChrisHarvard Posted July 26, 2016 Report Share Posted July 26, 2016 Durito let me get this straight... when we were shooting the S, I told you all I need is to hit 55% every year. You said it was not plausible for anyone to do that. I understand, you're a scalper, arber, ect. But lets say I wager 83.3 k per month. Comes out to around 1 mil on the year. I've managed to GRIND OUT and hit 55% and get my 50k in earnings, not counting what I've spent in gratuity (because I'm not a cheap F and it's hard to make a living as a writer making $9.00 and then paying DUES out of it). So for my 50k of blood, sweat, and tears, you want me to turn around with that big stack, wring my hands, and give big brother his share? Why? Quote Link to comment Share on other sites More sharing options...
rito Posted July 26, 2016 Report Share Posted July 26, 2016 I haven't played an arb or a scalp in years. If you are hitting 55% in major markets, don't worry you'll be making millions soon and then you can try and figure out how to hide that from the IRS. Quote Link to comment Share on other sites More sharing options...
Guest ChrisHarvard Posted July 26, 2016 Report Share Posted July 26, 2016 I'm not patronizing you, that was an honest scenario. 50 thou is barely enough to squeak by. Quote Link to comment Share on other sites More sharing options...
Always Call Heads Posted July 26, 2016 Report Share Posted July 26, 2016 Durito let me get this straight... when we were shooting the S, I told you all I need is to hit 55% every year. You said it was not plausible for anyone to do that. I understand, you're a scalper, arber, ect. But lets say I wager 83.3 k per month. Comes out to around 1 mil on the year. I've managed to GRIND OUT and hit 55% and get my 50k in earnings, not counting what I've spent in gratuity (because I'm not a cheap F and it's hard to make a living as a writer making $9.00 and then paying DUES out of it). So for my 50k of blood, sweat, and tears, you want me to turn around with that big stack, wring my hands, and give big brother his share? Why? Eventually, you are going to have to park that money and the IRS is going to want to know where it comes from. Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted July 26, 2016 Report Share Posted July 26, 2016 I haven't played an arb or a scalp in years. If you are hitting 55% in major markets, don't worry you'll be making millions soon and then you can try and figure out how to hide that from the IRS.Don't worry he has super sharps like Bigbear and big gambler "putting him on winners"!!! Quote Link to comment Share on other sites More sharing options...
Guest ChrisHarvard Posted July 26, 2016 Report Share Posted July 26, 2016 BG is an abomination. I don't know that dude from Adam, Joey. You know that. Quote Link to comment Share on other sites More sharing options...
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