Author Topic: Movie about gamblers who play for a living - Life on the line!  (Read 595 times)

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Sputnik

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Trailer One
https://www.youtube.com/watch?v=1EogvyCCXOs

Trailer Two
https://www.youtube.com/watch?v=IbpSsEQL0ZY

What can we learn from this movie?

 I see a trailer about the Movie where one Pro say he risk his bankroll that season.
 Does tiny small words and comment make me react and start my thinking process.
 
 Even if his a pro and know how to win and make living upon that - he should never risk is hole bankroll - that is lack of disciplined.
 Then i think i am better then that - not as good at winning using sportsbets - but handle bankroll management.

 For example if i have 5000 Euro and risk 250 Euro to win 25% twice and end up with 125 Euro - half the investment is a very good return.
 Now i would never risk my 250 Euro again until i lose - but i would now invest 125 Euro to win 25% twice and end up with 65 units.
 So i made a total of 190 units during six sessions and only risk my own money during the two first sessions.

 From this moment i would continue with 125 Euro winning two more session and after that maybe risk 250 Euro again or stay at 125.
 The advantage i see with this is that you never try to win back the hole investment during one session and that you operate with casinos money after resonable risk management.
 So i am a fan of regression in different shapes and after that use Up & Pull to gain more money with out risking the first original investment.

 I think i can learn things from this movie - i have been thinking to take one year vacation from work - i can afford it - and play full time to test my wings and see if it can be done.
 The two main obstacles i see is to be disciplined and handle psychological pressure making a living on gambling.

 And i am conservative, so i have been thinking to risk 5 Euro units base bets and lower making half the money to make a living so you don't lose it all and go bankrupt if don't succeed.
 So halve income comes from your own savings and half the income comes from the gambling.
 Then if you get a positiv return each month trading the game you can quit work and use higher base bet to earn full salary.

 But i don't know if the movie show this aspect - but the government and tax institution will start to ask questions why you don't pay tax and show zero income each year - that can become a issue.
 And the biggest problem that i expect the movie is missing is the pension - when you reach the age 65 and should live and enjoy life as old and get your pay check (pension) from the government each month - then that amount of money or pension salary is based upon your working hours from age 20 to 65 and you might get around 1500 Euro.
But if you quit work before age 65 you will lose a large % of your pension and will never reach 1500 Euro each month. But there is a minimum guarantee pension around 700 Euro plus taxes, so that would be around 500 Euro.

Now my point is that you need to win big and play big sometimes to save money for the old days and also if you get bad health or get sick - then you can not play - maybe online.
So there is many questions about being a pro that strike me other then just winning and make a daily living.

One last example and important lesson, how many online casinos welcome back a winning player and how long does it take to get banned from most of them.
So here comes other method into the calculations - losing with intention sometimes - just to look more lucky even if you could win most of them with bigger return - this might make you be allowed to stay longer playing online and be more welcome as they would have a more difficult time to exclusive stamp you only as pure winning gambler.

Cheers


 
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Sputnik

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Re: Movie about gamblers who play for a living - Life on the line!
« Reply #1 on: July 25, 2017, 03:21:45 PM »


I find out that you only can watch the Movie online at Amazon if you are American - that sucks.
Other option is to make Prime account and watch the movie, but then they charge you with 2.99 each month on your credit card.

So i have no idea how i can watch this movie, i search on Dreamfilm and Popcorn and Netflix - but nothing.
Search for DVD but nothing.

Cheers
 

remolacha

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Re: Movie about gamblers who play for a living - Life on the line!
« Reply #2 on: September 05, 2017, 06:32:40 PM »
thanks for sharing! will definitely take a look and hope to fing usefull information!
 

Reyth

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Re: Movie about gamblers who play for a living - Life on the line!
« Reply #3 on: September 05, 2017, 07:56:16 PM »
This movie is hard to find because there is a established film with the same title about people who work up in the air fixing things.
 

scepticus

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Re: Movie about gamblers who play for a living - Life on the line!
« Reply #4 on: September 06, 2017, 05:02:00 PM »

Free from Amazon Prime ? Yes but don't you pay a monthly fee for Prime ?
Can you free  view a sample ?
 

thelaw

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Re: Movie about gamblers who play for a living - Life on the line!
« Reply #5 on: September 07, 2017, 03:17:18 AM »
DO NOT QUOTE PREVIOUS REPLIES

Clarification: Yes, you must pay for Amazon Prime ($99/year) to view the film.

For us ugly Americans Prime is a necessity.  8)
« Last Edit: September 07, 2017, 07:53:37 AM by kav »
 

Sputnik

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Re: Movie about gamblers who play for a living - Life on the line!
« Reply #6 on: September 07, 2017, 07:37:53 AM »


You can see the movie for free at https://tubitv.com you only need Facebook account or register new account.

Cheers
 
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kav

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Re: Movie about gamblers who play for a living - Life on the line!
« Reply #7 on: September 07, 2017, 08:30:36 AM »
Also take a look at this list of gambling films and movies here:
http://www.roulette30.com/p/movies-about-gambling.html
 
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Sputnik

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Re: Movie about gamblers who play for a living - Life on the line!
« Reply #8 on: September 07, 2017, 02:38:24 PM »


 Kav that is not related to this topic, nothing beats a documantary movie with real life professionals.
 Your link is to fiction and has very little to do with real life.

 Cheers
 

kav

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Re: Movie about gamblers who play for a living - Life on the line!
« Reply #9 on: September 07, 2017, 05:16:44 PM »
Well, you title was about "movie" right? :-) So it is related.
Anyway there are some amazing movies about gambling like Intacto.
And Owing Mahowny, with Philip Seymour Hoffman, is based on true events. A Canadian banker who stole money from the bank to gamble as a high roller and try to pay his debts.
« Last Edit: September 07, 2017, 05:20:08 PM by kav »
 
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Reyth

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Re: Movie about gamblers who play for a living - Life on the line!
« Reply #10 on: September 09, 2017, 04:27:16 AM »
Found it on Tubi:

Life on the Line

51mNR
Report a problem
Documentary

Gamble on Super Bowl? Here's the riveting inside story of the world's top pro sports bettors in Las Vegas, during the biggest betting event of the year. They bet with their heads -- smart & methodical -- while the weekend "squares" bet dumb and lose big!
Directed by
Isaac Feder

Starring
Teddy Covers
John Netto
Steve Fezzik
Jay Kornegay
 

thelaw

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Re: Movie about gamblers who play for a living - Life on the line!
« Reply #11 on: September 09, 2017, 03:01:13 PM »
Edward Thorp wrote Beat the Dealer in 1966

He then published Beat the Market in 1967. (In May 1998, Thorp reported that his personal investments yielded an annualized 20 percent rate of return averaged over 28.5 years.)

So a $10,000 investment would yield $1,600,000 in 28 years (at 20%).

The average rate of return on a mutual fund in the US is 12%.............at 20% you are a god.

Food for thought: wonder if anyone could find a safe bet that only needed +1 unit every 18 days (20%).
 

scepticus

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Re: Movie about gamblers who play for a living - Life on the line!
« Reply #12 on: September 09, 2017, 04:35:59 PM »
There is no " Safe " bet.    Random Rules  !
 

Real

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Re: Movie about gamblers who play for a living - Life on the line!
« Reply #13 on: September 09, 2017, 10:39:16 PM »

The truth about professional gambling.  What you won't really see in the movie.

1. The biggest problem of being a professional gambler is deciding..scorch and burn, or milk it.  Lose the opportunity with one big hit in a location or milk it to preserve it hoping that it doesn't go away before you can take the maximum amount.

2. Getting banned.

3. Variance is not an issue when you have a sizeable edge.  Neither is money management, and bankroll preservation.  This is something that low edge players are troubled with...like card counters.  Yet entire books have been written on the subject...largely by people that just plain suck at playing professionally.

4. Moving money.  Traveling with it, civil forfeiture laws, traveling across borders.  This is one of the larger problems.  Custom agents can be dicks and these days because they believe having large sums of cash means crime.  When you do tell them that you're a professional gambler you have to lie and tell them that you're a poker player because they can't comprehend other types of professional gamblers.

5. Getting money out of casinos.  Too many trips to cash out windows or the same cashout machines will get you made.   Playing in jurisdictions where you're required to use a players card is often a problem.  This includes large parts of Europe where citizens have been all too eager to give up their civil rights in favor of appearing progressive.  (Fools)

6. Bogus investigations.  It sometimes can cost money to defend bs charges like refusing to aid an officer in a gaming investigation.  Sure you can turn around and sue them, but nobody want to disclose their craft in the deposition process and the locations in which they play.  The money is just too good for aps in the various fields.

7. Credit.  We buy houses, cars and other things, but you can't list that you're a professional gambler on credit apps.  So many aps must form corporations with titles that have "consulting" in the name, or "investements" in the name, and claim to be owners/employees of them. 

8. Cash means criminal.  It's tricky. Most aps won't touch the subject.  But again rely on their cooperations and often deal with numerous ctrs and rely on close personal banking relationships and gold bullion.

9. Often times the biggest expense is your travel, hotel and food, not really variance.

10. You don't travel every day of the year.  Most operate for 10 days to two weeks on, and then the same off.

11. APs rely on surrogates that we pay well.   We meet them online and in the casinos. 

12. Dumb gaming officers are as annoying or more so than dumb gamblers.  Some casinos believe that casino policy is the law.  Unfortunately so do some naive gaming officers.  So APs must often know the local gaming jurisdiction law better than the gaming drones.

13. The smart phone with navigation is best thing since Swiss Cheese when it comes to traveling.

14. Most APs are very well educated and have found previous success in other fields including law, the medical fields, computer programming, or engineering. 

15. Most card playing APs are younger guys in their 20s and 30s that hole card.   The most ruthless of all and won't hesitate to turn each other in if they feel that they've had their territory violated.  Older hole carders can't see and focus as well and as quickly as the younger guys.

16. Most roulette APs spread disinformation among the locals when playing near them and winning... to preserve the opportunity and game.  Sorry, but it's just business.  Outside of high tourist areas like LV, we're usually made by the locals...long before the casino.  Search Results

"The greatest trick the devil ever pulled was convincing the world he didn't exist."-Usual Suspects

17. APs often spot the under cover surveillance agents by their shoes and their Linkedln profiles.  Before playing, it's common for them to familiarize themselves with the staff pictures.  Give aways include a players card being inserted that clearly operates a little differently and that provides a free play and they don't appear to put money in the machine. They can read large cell phone screens so it's fun to write bogus information on the screen for them to soak up.  (Psst...When doing so always be sure to include the name vp of surviellance and another name or two from there.)

18. Casino risk consultants are usually former APs that were lazy, sucked at their game, or enjoy eating too much.

« Last Edit: September 09, 2017, 11:06:49 PM by Real »
 
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Jack444

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Re: Movie about gamblers who play for a living - Life on the line!
« Reply #14 on: September 18, 2017, 08:53:32 PM »
Also take a look at this list of gambling films and movies here:

I've just started watching all movies about casino. This list is great! Thanks for sharing!
 
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