~snip~
yep, that makes a lot of sense, in other words, becoming a bookie with a capital of $2k. like for example buying a slot machine and placing it in a shopping center or anywhere frequented by people, of course it will generate more than the OP wants but the question is whether he can afford to do that because of course it will be subject to high taxes too.
unless the OP maybe owns his own betting website and builds his own casino and manages to earn over $100 that way better than having to resort to betting on sports because even if betting on the underdog there is still a 1% chance of losing.
Taxes are due when you have earned money, so you will always be able to afford taxes in theory.
The point I'm making is that the only person making money from gambling are the casinos, or the people running the bettings.
Anyone that thinks that they can earn $100 a day by gambling simply doesn't understand how probabilities work.