How much can you make
- Thread starter Mr.M
- Start date
This is going to vary wildly depending on unit size, hours of play, type of game, risk, and if it's just counting used or additional advanced techniques.
But I'd say that for most folks, a long run of 1-2 units per hour on average seems typical as a baseline. It's probably not something you can get rich doing, but it's not too bad for extra scratch, especially if it's enjoyable.
But I'd say that for most folks, a long run of 1-2 units per hour on average seems typical as a baseline. It's probably not something you can get rich doing, but it's not too bad for extra scratch, especially if it's enjoyable.
FLASH1296
Well-Known Member
"johndoe" is correct.
It is easy to be seduced by the notion of making lots of money; but the reality is that the only survivors are those who grind out some modest tax-free earnings.
I would say that, on balance, you are generally looking at $25 to $50 per hour.
Peeps online are quick to attack me for bursting their bubbles, but that is the truth.
Attempts to earn "big bucks" will just short-circuit your longevity in time.
It is easy to be seduced by the notion of making lots of money; but the reality is that the only survivors are those who grind out some modest tax-free earnings.
I would say that, on balance, you are generally looking at $25 to $50 per hour.
Peeps online are quick to attack me for bursting their bubbles, but that is the truth.
Attempts to earn "big bucks" will just short-circuit your longevity in time.
ccibball50
Well-Known Member
What Billy saidBilly C1 said:
Do you go in with a set amount and if you lose you leave. Do you have a set amount if you win, leave once you hit it. I am honestly looking to make $1,000 a month. Willl you tap yur bankroll to make wat you aimed for that night? What about units? It seems like at the big places Green wont get you noticed were at locals it will. So you have to play red. Is this acceptable or do you always stay with the same base bet. What if your playing or 2 hours and havent won ****, do you leave? Were would I find a place to see other count systems, I only know of 1, Hi-low. I guess 25 to $50 an hour is better than working for some dumbass. Are there set ways to play as far as bankroll, or is it a personal choice? Is it priftable to always play alone or do you sometimes do team play?
With the proper skills, and the proper bankroll you can make a heck of a lot more than $25-$50 an hour while playing..
However, someone with a $5,000 bankroll would be hard pressed to earn even $25 an hour while playing.
Then you have to factor in the hundreds of hours you will need to spend practicing, expenses, ect, ect.
However, someone with a $5,000 bankroll would be hard pressed to earn even $25 an hour while playing.
Then you have to factor in the hundreds of hours you will need to spend practicing, expenses, ect, ect.
KOLAN
Well-Known Member
bj ap you needMr.M said:
1. big amount of money 20000
2. if you gonna play laik profesional steal you can lost all 20000
3.wining sam times you gona have winning +1000 -900 in a day
4 .you gonna spend lotof time in casino .
bet anyway
downloadet casino verite cv data
lern zen count.trening.and most time belive for self laik (14-10 dont take card )
and good luck
Putting your bankroll and unit size aside,shadroch said:
your win rate will change based on the game, rules, playing strategy, bet spread, number of spots, your abilities, etc..
An average counters* hourly win rate, play all, I would estimate between 2 -3.5 units/hr (1 box).
BJC
*counting only, no AP
FLASH1296
Well-Known Member
"What do you mean tax free earnings ? We had this discussions on this board earlier and everyone said they paid their taxes from the information that I gathered. Are you a tax cheats ?"
What I mean is that we all know plenty of amateurs and semi-pros who claim that they pay taxes on their winnings. The reality is that the
veracity of those statements is debatable. I also have known that affirm that they do, but when further questioned, reveal that they meant that IF they ever had a year that concluded with net winnings they WOULD give serious consideration to filling out a 1040.
The I R S rules concerning Professional Gambling are UNFAIR as a year's losses cannot be carried over to the following year.
If I only gamble once for the year and it happens to be on Dec. 31 and I win $1,000 - while continuing to gamble until sunrise on Jan. 1st, and in the process lose $5,000 I am in an interesting situation.
If I never gamble again, I am expected to pay taxes on the New Year's Eve winnings of $1,000. When I file for the current tax year, having NOT played at all for the entire year, beyond Jan. 1st, I have no tax to pay BUT I cannot carry over the net loss to the next tax year and use it to reduce my net winnings for that year.
Think about that. In any other self-employed position the tax payer would not have this problem.
What I mean is that we all know plenty of amateurs and semi-pros who claim that they pay taxes on their winnings. The reality is that the
veracity of those statements is debatable. I also have known that affirm that they do, but when further questioned, reveal that they meant that IF they ever had a year that concluded with net winnings they WOULD give serious consideration to filling out a 1040.
The I R S rules concerning Professional Gambling are UNFAIR as a year's losses cannot be carried over to the following year.
If I only gamble once for the year and it happens to be on Dec. 31 and I win $1,000 - while continuing to gamble until sunrise on Jan. 1st, and in the process lose $5,000 I am in an interesting situation.
If I never gamble again, I am expected to pay taxes on the New Year's Eve winnings of $1,000. When I file for the current tax year, having NOT played at all for the entire year, beyond Jan. 1st, I have no tax to pay BUT I cannot carry over the net loss to the next tax year and use it to reduce my net winnings for that year.
Think about that. In any other self-employed position the tax payer would not have this problem.
callipygian
Well-Known Member
Actually, the IRS rules with regard to professional gamblers is perfectly fair. Only the rules with regard to amateur gamblers is unfair.FLASH1296 said:
You actually explain why; I'll underline the key phrases.
That is, only with regards to an amateur player - where variance greatly outweighs EV - are the rules unfair, because it's very likely that an amateur player, skilled or unskilled, will lose money in a given tax year.FLASH1296 said:
Professional players, by definition, play enough so that the probability they will lose net money in a given year is small. Their EV overcomes their variance throughout the year. There will be small variations as a bumper year might push you into a higher tax bracket (which, as you point out, can't be carried over to the next year where a poor year pushes you into a lower bracket). But for people who consistently earn money (i.e. real pros), there's nothing unfair at all.
As you point out, the people who are least likely to file on winnings are the amateurs anyway - people who don't keep good records, people who gambled a few times and can't really remember how much they won vs. how much they drunkenly gave to the transvestite hooker, etc.