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> I'm always skeptical of these "i totally made money gambling i just stopped for other reasons" type of claims and for good reason.

I understand why you think that. I am a small time gambler on sports, purely American football. I start each season with 10 bucks and end with 5k-20k.

And then I stop, until the next season starts.

Really fucks up my taxes.



And you don't upgrade that to "$10 or 10% of what I won last year, whichever is bigger" because...?


Because for me it’s entertainment. It’s akin to going to a movie.


You average 1000x returns in a year but you won't reinvest because it would be less fun for the entire two years it would take you to win tens or hundreds of millions.

There's no very specific situation where you're technically getting that money but you can't scale it up, your original statement gave an accurate impression, you're that good but don't want the money.

I don't know if you're lying to us or lying to yourself.


Not asking for your secrets, but is your success a product of intimate knowledge of the game/team/players with you making individually chosen bets or some kind of automated system?


In what way does/would/could it “fuck up your taxes?”




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