4 ms·
Down vote me all you want. You all can piss off. One of my family members - a successful General Dynamics mid-level exec - made a business out of horse racing
by farceSpherule 1y ago
Down vote me all you want. You all can piss off.
One of my family members - a successful General Dynamics mid-level exec - made a business out of horse racing and his handicapping strategy.
He set up an LLC, paid a software engineer to, at that time, write a software program that would download horse and track stats from all of the available sources. The software would also ask for betting and other strategies from my family member.
He would go to the track, bet his strategy, and leave.
He easily made ~$100,000 a year from this venture. He also took full advantage of the the tax benefits because he made it look and act like a business.
- fn-mote 1y agoThe downvotes are probably because the GP post gives no details about the strategy being used, making it sound like any strategy could be successful if only you would take the winnings and leave instead of continuing to bet.
- CamperBob2 1y agoAlso, how do you when "you are done?" If you have a successful strategy, you have no incentive to leave until they lock the doors behind you.