Topic: Can we really make a living in sports betting? - page 7. (Read 816 times)
I think it can indeed be done by some people. but I guess it only works for some people only. sometimes I think the same thing. but I realize that I am not sufficiently skilled in this area. so I only do it for refreshment and to release the burden of stress on my head which every day has to deal with market fluctuations on the monitor. And I only bet on the games I am absolutely sure enough to win. and to be honest I've been having a lot of luck lately. so that I become more active in betting. But still I just consider this as just for fun not for a living even though I earn more from this.
What I noticed about sports pickers is that they find exploit any discrepancies in the odds being offered by bookmakers. Making them really good at what they do and a bit of luck of course. Hope someone wilk share methods of doing so.
I think that's another thing, it's called no risk betting because they are using arbitrage betting taking advantage on odds differences of different bookies. I think what OP would like to know is on how to win in sports, like your win rate should be over 52% to be profitable.
I read in some forums asking the similar question, some said that 52% is the key and with a good bankroll management, it's possible to be profitable.
It's 52.4% win percentage you're decent, around 55% you're doing great, around 60% over a decent sample you're a sports betting god.
But here's the thing, to make a living out of sports betting, you gotta have a large enough bankroll. That's why when somebody asks they want to make 100k in betting sports in a year, how do they do it? The answer is they should have a 100k bankroll to win 100k.
And by bankroll, it's the money used just for betting. If anybody wants to bet sports or play poker for a living, you gotta have at least 6 months worth of living expenses in your bank account separated from your bankroll.
I heard lots of stories online that there are people who are making a living in sports betting
If there is one telling this kind of story, this could be one in a million and i don't think that we have users here that rely on sports betting for a living. You may have a winning streak but in the long run, you will have a losing streak as well and eventually lose some money in the process.
Unless you are doing "arbitrage betting" which i have not tried myself as this is a complicated thing, sports betting is just for us to win some money if we are lucky and enjoy the sports that we are betting.
I heard lots of stories online that there are people who are making a living in sports betting, and honestly it really inspires me that's why I'm still gambling now. So I'm just curious, do we have members of the forum here that are making a living in sports betting? Can they share some inputs on how to be successful like them?
I hope they will share so we will know if it's really possible. I mean, as the saying goes, casinos always win because they have the advantage, so how come people are making a living in sports betting?
I hope they will share so we will know if it's really possible. I mean, as the saying goes, casinos always win because they have the advantage, so how come people are making a living in sports betting?
I am going to give it a try.In my latest experiments that I am making I am seeing that 75-90% of the games I have placed a bet both teams to score yes by judging team forms and in depth analysis from all the predictions,news and reviews sites I think I am ready to test this,I don't mean to make a living literally but to try and see how long I will keep up this rate.For this I am starting today by not playing the usual slot machine with my weekly bankroll of 100 dollars but converting it to Litecoin and start my attempt.
I know this is huge what I am trying here but so far from my analysis when I have not bet they have come true,let's see when I bet now
.Will be reporting after a week or a bit more or earlier depending,I will start with 0.20 Litecoin or a bit less as a beginning as I can't really quit slot machines that easily. 
If you are really passionate about the sport and know it's insides out you have more chances to make living out of it.
Also, I consider sports betting to be different than gambling, it's different than sheer luck spotted in gambling games.
Also, I consider sports betting to be different than gambling, it's different than sheer luck spotted in gambling games.
What I noticed about sports pickers is that they find exploit any discrepancies in the odds being offered by bookmakers. Making them really good at what they do and a bit of luck of course. Hope someone wilk share methods of doing so.
I think that's another thing, it's called no risk betting because they are using arbitrage betting taking advantage on odds differences of different bookies. I think what OP would like to know is on how to win in sports, like your win rate should be over 52% to be profitable.
I read in some forums asking the similar question, some said that 52% is the key and with a good bankroll management, it's possible to be profitable.
I hope they will share so we will know if it's really possible. I mean, as the saying goes, casinos always win because they have the advantage, so how come people are making a living in sports betting?
Do not be inspired, rely on other things, not gambling. If you want to gambling responsibly, use the amount of money you can afford to lose and the amount shluld not be above it.If you want to be gambling for a living, you will use more amount, remember that as you can win you can lose, but you have more chance to lose, it is called house hedge.
You have to be very good at it so that you can accurately predict the likelihood of a match outcome. It is not easy to have this skill.
Generally, successful bettors have a deep understanding of the sport they bet on combined with a disciplined approach to managing their money and their bets.
But if you have nothing that you are doing but rely on gambling to make money, it would only result to loss, life frustration and depression. Generally, successful bettors have a deep understanding of the sport they bet on combined with a disciplined approach to managing their money and their bets.
I'm just curious, do we have members of the forum here that are making a living in sports betting?
Not only members here. People have really gone into gambling because of lack of jobs and some have been successfully cashing out heavily from it especially on soccer on a daily basis.
Can they share some inputs on how to be successful like them?
Do not wait for people to tell you exactly how they make their money because if you are waiting for that you might have been wasting your time yourself. People will give you clue and not exactly how they are making their money after all you are not their family member. The clue is yes it is possible.
I hope they will share so we will know if it's really possible.
I know that people are cashing out in soccer betting and doing it as daily business. One strategy I have heard is to bet on few games or 1 or 2 games and they bet hugely on it to increase the potential winning. Also some rely on betting numerous game but they cash out at a particular time that they have a reasonable cash out.
Is an interesting question and the answer is not trivial.
if you invest a substantial amount and dedicate a lot of time to this activity, it can become a full-time job, like any other job...
But you have to consider several aspects at least in the setup phase:
- study sports/events/team players/type of gambling/odds/websites
- have more internet lines to connect (can you risk having a connection problem during a live match?)
- possibility to travel and bet live in some events (therefore including food and lodging expenses, sports tickets)
- funds to bet with (you must have enough money to cover a wide range of matches)
- working at any time (even at night!) and having to follow dozens and dozens of sports news/updates etc
- betting software (like geek toys for betfair...)
- create various accounts on the various bookmakers, therefore bureaucratic procedures, etc
- manage taxes/fiscal aspects
other things to be counted on, like devices, office, general expenses...
In short, living off betting is a job like any other.
It requires experience, financial investments, investments in terms of time...isn't easy at all, achieving a result requires a lot of effort
if you invest a substantial amount and dedicate a lot of time to this activity, it can become a full-time job, like any other job...
But you have to consider several aspects at least in the setup phase:
- study sports/events/team players/type of gambling/odds/websites
- have more internet lines to connect (can you risk having a connection problem during a live match?)
- possibility to travel and bet live in some events (therefore including food and lodging expenses, sports tickets)
- funds to bet with (you must have enough money to cover a wide range of matches)
- working at any time (even at night!) and having to follow dozens and dozens of sports news/updates etc
- betting software (like geek toys for betfair...)
- create various accounts on the various bookmakers, therefore bureaucratic procedures, etc
- manage taxes/fiscal aspects
other things to be counted on, like devices, office, general expenses...
In short, living off betting is a job like any other.
It requires experience, financial investments, investments in terms of time...isn't easy at all, achieving a result requires a lot of effort
I heard lots of stories online that there are people who are making a living in sports betting, and honestly it really inspires me that's why I'm still gambling now. So I'm just curious, do we have members of the forum here that are making a living in sports betting? Can they share some inputs on how to be successful like them?
I hope they will share so we will know if it's really possible. I mean, as the saying goes, casinos always win because they have the advantage, so how come people are making a living in sports betting?
I guess you can but have we asked ourselves how they get into that position? Maybe they are skillful enough to have a good win rate but I think most of them spend lot of time and spend a lot of money before they made it this far. Would really be a good thing if someone in here really make a living into sports betting and what can he/she advice. I hope they will share so we will know if it's really possible. I mean, as the saying goes, casinos always win because they have the advantage, so how come people are making a living in sports betting?
You have to be very good at it so that you can accurately predict the likelihood of a match outcome. It is not easy to have this skill.
Generally, successful bettors have a deep understanding of the sport they bet on combined with a disciplined approach to managing their money and their bets.
What I noticed about sports pickers is that they find exploit any discrepancies in the odds being offered by bookmakers. Making them really good at what they do and a bit of luck of course. Hope someone wilk share methods of doing so.
Generally, successful bettors have a deep understanding of the sport they bet on combined with a disciplined approach to managing their money and their bets.
What I noticed about sports pickers is that they find exploit any discrepancies in the odds being offered by bookmakers. Making them really good at what they do and a bit of luck of course. Hope someone wilk share methods of doing so.
I heard lots of stories online that there are people who are making a living in sports betting, and honestly it really inspires me that's why I'm still gambling now. So I'm just curious, do we have members of the forum here that are making a living in sports betting? Can they share some inputs on how to be successful like them?
I hope they will share so we will know if it's really possible. I mean, as the saying goes, casinos always win because they have the advantage, so how come people are making a living in sports betting?
I hope they will share so we will know if it's really possible. I mean, as the saying goes, casinos always win because they have the advantage, so how come people are making a living in sports betting?
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