sageproduct
Banned
Hey guys, last summer I got into sports betting a little bit on a site called Centsports, where they start you off with 10 cents for free and if you manage to work up to $20 or more you can cash out with real money. It started out as just me having a little fun and betting on my favorite teams, but then I really started trying to win by looking for free picks online and stuff.
Then I found out--free picks fwcking suck. They might barely cover the juice.
Does anyone here bet on sports with high stakes or as a form of long term investment? I'm talking mostly about major league sports (NFL, NBA, MLB, NHL) and maybe a little bit of pro tennis and soccer. If so, what handicapping services do you use? I'm not interested in working my @ss off studying teams, spreads, and systems, but I am interested in making a profit by hiring a handicapping service that gives winning picks while playing at a high enough level to make a profit.
It's very hard to research different services online and really find out which ones are truly the best. Do I have any kind of protection if their picks just start sucking and I lose money?
I'm going to be a freshman in college and I'm taking about $9,000 I think in student loans for my first year. 1thousand of that is subsidized, meaning I don't have to pay interest until 6 months after I graduate. The rest of it starts building interest right away, at 7.5% I think. I estimated that can maybe store about $2,000 that I won't need until...I don't know, maybe January or March. With savings accounts I'd be lucky if I made $10 in interest by then. I don't know much about money market accounts, I know jack $hit about the stock market, and my dad's not really keen on me investing so he's not really giving me much info.
I guess I'm not really sure how this whole money thing works out. I'd be happy with even a small return from sports betting. I've read up on bankroll management and will make sure to bet safe (I've practiced the discipline of BR management in online poker).
If it turns out I can get a 10% return in some sort of investment, should I take more student loans the next few years to cover my expenses and let my money grow, or should I pay off my debts first???
Also, would it be a good idea for me to start my Roth IRA already? If so, should I put in the maximum that I can due to the huge untaxed interest? My dad was VERY opposed to the idea of me setting up a Roth IRA so early (I'm 18), but I think it's because he's scared I'm gonna put my money away and leave him with the situation of "pay so my son can go to college or not pay and watch him suffer". If I do put my money away, I may be able to take more loans? I haven't researched that much
Then I found out--free picks fwcking suck. They might barely cover the juice.
Does anyone here bet on sports with high stakes or as a form of long term investment? I'm talking mostly about major league sports (NFL, NBA, MLB, NHL) and maybe a little bit of pro tennis and soccer. If so, what handicapping services do you use? I'm not interested in working my @ss off studying teams, spreads, and systems, but I am interested in making a profit by hiring a handicapping service that gives winning picks while playing at a high enough level to make a profit.
It's very hard to research different services online and really find out which ones are truly the best. Do I have any kind of protection if their picks just start sucking and I lose money?
I'm going to be a freshman in college and I'm taking about $9,000 I think in student loans for my first year. 1thousand of that is subsidized, meaning I don't have to pay interest until 6 months after I graduate. The rest of it starts building interest right away, at 7.5% I think. I estimated that can maybe store about $2,000 that I won't need until...I don't know, maybe January or March. With savings accounts I'd be lucky if I made $10 in interest by then. I don't know much about money market accounts, I know jack $hit about the stock market, and my dad's not really keen on me investing so he's not really giving me much info.
I guess I'm not really sure how this whole money thing works out. I'd be happy with even a small return from sports betting. I've read up on bankroll management and will make sure to bet safe (I've practiced the discipline of BR management in online poker).
If it turns out I can get a 10% return in some sort of investment, should I take more student loans the next few years to cover my expenses and let my money grow, or should I pay off my debts first???
Also, would it be a good idea for me to start my Roth IRA already? If so, should I put in the maximum that I can due to the huge untaxed interest? My dad was VERY opposed to the idea of me setting up a Roth IRA so early (I'm 18), but I think it's because he's scared I'm gonna put my money away and leave him with the situation of "pay so my son can go to college or not pay and watch him suffer". If I do put my money away, I may be able to take more loans? I haven't researched that much