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A few months ago we published a post on  11 personal finance goals for your 20s . Today we take a look at 7 personal finance goals for your 30s. While many of the goals you should set during this decade of your life are simply a continuation of those you hopefully started on in the previous one, your thirties bring some unique personal finance challenges that didn’t exist when you were a relatively carefree 20-something. As a friend once put it, “In your 30s, you’re just  running .” You’re likely married, have small children, and your career is starting to take off — everything’s launching and/or accelerating at once. And with these new responsibilities come new personal finance goals. As you read the suggested personal finance goals for your 30s, keep in mind that everyone is in a different place, so naturally everyone is going to have different objectives. But if you’re feeling confused and overwhelmed about money, it’s sometimes helpful to see s...

Once again we return to our  So You Want My Job  series, in which we interview men who are employed in desirable man jobs and ask them about the reality of their work and for advice on how men can live their dream. Today we feature a singularly interesting and unique job, that of the professional gambler. Many a man has gambled in his day, whether with real money or cookies. But Christatos Aristad was able to parlay his talents in gambling into a real profession, a lucrative one at that. While some may see professional gamblers as a bit shady, Mr. Aristad is of an older school of gambler, and is the consummate gentleman. Recently retired, he’ll be penning a series of articles for AoM on the basics and etiquette of a variety of games. 1. Tell us a little about yourself (Where are you from? How old are you? Where did you go to school? Describe your job and how long you’ve been at it, ect). My name is Christatos Aristad. I was born in London, and I am 52 years old. I wen...

I do not consider myself a gambler and I am not a big sports fan. I’d rather be playing sports than watching someone else play. When it comes to sports betting I am simply an investor. I learned early in life that (i) the superior team usually wins the game and (ii) the linemaker is very good at setting the number. These are key to becoming involved in this business, and it’s proof that the outcomes of games, as a whole, are not random. Unlike craps or roulette or slot machines or other casino games, the odds with sports betting are arbitrary. I also learned that the linemaker is not predicting which team will win (and by how much); rather, he is actually predicting which team the general public thinks will win, and by how much. The linemaker's job is not to predict the final score of a game, but to make sure there is an acceptable amount of action on both sides of the bet…to split public opinion.

/// NOTE: This article is adapted from our full report, SUCCESSFUL GAMBLERS . The full report is approximately 8,000 words, 3 photos, 19 pages, available at our Order Page , sent attached to email as a Microsoft WORD document (".DOC" file). Your cost for the full report is $10.00 mail gisstablet01@gmail.com to get full email /// Listen to this story from Sonny Reizner : “My career was full of ups and downs, and all was definitely not a bed of roses,” he said. “Winning was by no means a continuous uninterrupted happening. “Shortly after each of my four children was born, I bought educational insurance policies for them. The first four months of the year I paid substantial premiums for my oldest daughter, the next four months for my youngest daughter and the next four months for my oldest son, with a lump sum at the end of the year, paying the premium for my youngest son. I   made those payme...

Winning percentages of today’s professional-level sports bettors are not what most people believe them to be. Many people believe professional-level sports bettors win 75% or more of their bets. It's understandable that people think that, but it's just not true. There's always an awkward pause when a non-gambler or a beginner asks, "What percentage of bets do you win?"   It's a less-than-simple question to answer because it can't be answered simply. That, of course, sounds like a cop-out, but the answer to that question really does demand an explanation.

  Correct money management is easy to explain. It is almost impossible to adhere to. There have been about as many 'systems' for varying the bet size as there are systems to beat the craps table. None of them work and all of them do harm by giving false expectations. Double-up systems, star betting, the Kelly Criterion, etc. all have the same thing in common. They adversely affect the cash flow and they raise the breakeven percentage that must be accomplished. “There have been about as many 'systems' for varying the bet size as there are systems to beat the craps table. None of them work and all of them do harm by giving false expectations.” Any time you vary your bet size by the slightest amount, you increase the breakeven percentage of 52.38. If you refigure your percentage after each bet, your breakeven jumps to over 55%. If you have 1 star and 5 star bets or bet twice as much on some plays, you s...

  Everyone who is into sports betting, is aiming to make money in the end. The amount of money they are going to make depends on the number of bets , the money they are risking per bet and their edge . Edge is hard to be found in the beginning and can be more accurately calculated later on while betting. Yet, the gambler shouldn’t risk real money right from the start, since edge can be calculated by paper-betting; that is tracking their betting results on paper or in a spreadsheet. Finally, these 3 factors will determine just how much money they are going to make in sports betting . Sports bettors often discuss about the possible long term profitability in sports betting and the prospect of living off sports betting. If you yourself are wondering of the profit you can achieve in sports betting, all you have to do is a couple of simple calculations.

Sports trading means backing and laying sports betting odds for a profit before the event comes to an end. B acking is the same with betting. Laying is bookmaking, which stands for offering odds to bettors. By laying at short odds and backing at higher odds, sports traders are able to make money either in-play or even before kick-off! What’s more, sports trading can be applied in almost any sports market, even in financial and political betting or in special bets, such as TV shows and music contents! Personally, I went full-time sports trading in 2004 and quit in 2007. During those years I traded millions in horse racing markets and gained experience that helped me make the move to stock and forex trading. At the peak of my sports trading career I traded 3 millions of euros in a single month. Read on to find out how I started, my bankroll requirements, my advice on money management and tips on how to improve your predictions and how to use betting c...

You could, but anyone smart and hardworking enough to do so could probably do better doing something else. It's not the kind of thing that scales up. It's more like a lifetime of getting a 5-10% edge on a $500-1000 bet, rather than getting a 2% edge on real money. And with online sports betting, along with most games being on the weekends, there's no real reason why you couldn't bet on sorts while holding down a real job.

Whether it is possible to earn money from gambling and make a living from betting are questions which seem to bother many punters. To give the short answer… Yes, it is absolutely possible to make money with sports betting. Image: Gualtiero Boffi (Shutterstock) Bookmakers make money; sports analysts make a living from gambling by compiling odds for bookies; some of my own income derives from sports bettors using this website. Programmers earn a living from gambling by developing various betting applications. Manufacturers of gaming machines make money from people’s gambling habits. I could certainly continue this list as the betting business is a big industry providing many, many people with jobs. But this is probably not a satisfactory response for sports fans who bet themselve...