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Is inflation hurting your gambling roll

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Tanko

Tanko

Joined
Oct 27, 2021
Messages
42,271
Inflation is 2.9% and PCE has it below 2% over the last 3 months. The prior year's inflation sucked and will suck since we'll never recover those lost dollars but its back to about normal now.

But, you have to look for opportunities when the market changes......


---------------------------------------------

If you were smart there was a way to play this and make money. When the Fed raised interest rates to get inflation under control you should have looked at CDs/money markets. No risk investments.

I've made a killing over the last two years investing a portion of my portfolio in them with zero risk and have been beating inflation readily the entire time and will continue to beat inflation for another 9 months until the contracts expire.

And before someone jumps in and says making 3% above inflation isn't great, I only had a portion in those assets. Most is in the stock market which hit new highs as well. Making 3% above inflation with zero risk is stress free.
 
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KVB

KVB

Joined
Apr 11, 2023
Messages
12,512
This period of inflation has overall been good for my roll.

Prices might be up in the stores, but investments are up and I, like @Tanko , took advantage of some attractive rates.

The sports bankrolls are not for spending on groceries or bills, so they are not affected by price increases, unless it's an increase in vig.

Some say never gamble with the rent and grocery money but the truth is you shouldn't be paying bills with the gambling money.

So if you adhere to that advice, price increases shouldn't hurt your bankroll.
 

phillyflyers

phillyflyers

Joined
Aug 8, 2024
Messages
2,272
Everything has skyrocketed it was so much better under Trump
Everything was better with Trump. Everything. Every facet of existence was better with him. This country was energy independent.

The diaper wearing meat puppet and the whore in office now made us dependent on foreign oil and those countries promptly raped us.

With Trump, the world was at peace. The diaper wearing meat puppet and the whore in office now lit the world on fire and laughed while it burned.

Hamas attacked Israel, Russia invaded Ukraine and brought war once again to the shores of Europe.

Meanwhile, the whore is afraid of unscripted questions. I've never seen incompetence on this level. She's the worst candidate ever by a country mile. All of them. Maybe combined.
 

JDS

JDS

Joined
Dec 11, 2021
Messages
44,807
This period of inflation has overall been good for my roll.

Prices might be up in the stores, but investments are up and I, like @Tanko , took advantage of some attractive rates.

The sports bankrolls are not for spending on groceries or bills, so they are not affected by price increases, unless it's an increase in vig.

Some say never gamble with the rent and grocery money but the truth is you shouldn't be paying bills with the gambling money.

So if you adhere to that advice, price increases shouldn't hurt your bankroll.
For somebody like me where gambling is 90% of my income at this very moment, how else am I going to pay my bills ? I don’t really have any other outside investments. I’m all in with this shit, and I wouldn’t have it any other way because that’s how much passion I have for this thing that we do. I feel blessed that I don’t have to wake up every morning, break my fuckin‘ back as a electrician and have to work for the man to make money for him.
 
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theriver55

theriver55

Joined
Mar 23, 2022
Messages
2,572
For somebody like me where gambling is 90% of my income at this very moment, how else am I going to pay my bills ? I don’t really have any other outside investments. I’m all in with this shit, and I wouldn’t have it any other way because that’s how much passion I have for this thing that we do. I feel blessed that I don’t have to wake up every morning, break my fuckin‘ back as a electrician and have to work for the man to make money for him.
you are a cool Cat JDS. Not sure how you handle the pressure except you spot play. which as a professional is the only way to go IMO. But still dropping down 15K on a road fav takes guts. Will be tailing you a lot this year. Good luck moving forward.
 
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JDS

JDS

Joined
Dec 11, 2021
Messages
44,807
you are a cool Cat JDS. Not sure how you handle the pressure except you spot play. which as a professional is the only way to go IMO. But still dropping down 15K on a road dog takes guts. Will be tailing you a lot this year. Good luck moving forward.
Rivers you gotta be my biggest supporter and I’m truly humbled by that. Last week was actually a road favorite not a road dog, but it was the wrong game to be contrarian with as a home dog for those bettors that’s for sure.
 
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