Tuesday, March 31, 2009

Bet the house

Interesting topic coming out in a book to be released by Film critic and Chicago Sun Times columnist Richard Roeper with a working title of "Bet the House". Roeper is currently in the midst of a 30 day straight gambling spree. The idea is pretty simple:

”Each day for a month, I have to risk at least $1,000 on some form of gambling, from the OTB to the dog races in Kenosha to a poker tournament in Vegas to blackjack in beautiful French Lick, Ind. I will keep a running bankroll, just like [the late Sun-Times horse handicapper Dave] Feldman used to do in his column back in the day.”

We have seen this before, and often it is a mythical bankroll where a handicapper will follow a specific meet and start with $1000. This one is interesting because it is actual money and real bets. At some point in the 30 days Roeper promises to bet 25% of the bankroll on a single bet. I love these type of books and always find it fun to follow people who do this every day in effort to show a profit. Anyone can parachute in every once and a while and place some bets, but to do it every day is one tough task. Also even in these tough financial times, lets not forget that people love to gamble and Thoroughbred Racing is a great sport to gamble on. Without the gambling the sport will fade away, and let's not forget that.

Ten days into the bet and Roeper is up, going all in and winning big with a $1000 bet with comedian and Howard Stern Sidekick Artie Lange. Roeper won with Missouri plus the 4 1/2 points over Memphis in the NCAA Men's B'Ball Tournament.

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