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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?

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.

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.

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

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.


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 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.

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.

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.

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.

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.

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  ;D.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 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.

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.  ;D 

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 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.

I'm not living with it but I know people, friends of friends that are really living through sports betting. With many sportsbook that have come into the market, they're not even in the forum.

But, they're making a lot of money through commissions not just from literally gambling alone but also by having referrals. So, that's two way for them.

You now have the idea that it's not only about gambling with your money but also by having people you attract to gamble for the casino you're affiliated.

I agree with those who believe that you can make money in sports betting, but you need to have a lot of initial capital and a desire to spend most of your time doing research, watching sports events, etc.

If you want to make money from sports betting, you need to put a lot of effort to achieve this. Unfortunately I have never been able to develop my skills for that, so for me, sports betting is a hobby I enjoy.

I do think that in sports betting the slogan house always wins is not true because the results of wins or losses that punters get really depend on the results of the match and the punters' ability to analyze a match and the luck factor doesn't really play a role just a little.
Don't know if there are members here who can really make a living from betting on sports betting, but I've seen several bettors who share the winnings of their bets and it's worth quite a lot in my opinion because they also use big money to bet.
The amount he won could cover a year or more of living expenses if he lived in a developing country but it might only be enough to cover a few months' living expenses if he lived in a developed country.
So I think there are people who can indeed make a living from sports betting but that person must also have other activities that generate income and not just depend on one income.

One thing you should know: gambling is high risk, despite the fact that some people you know make their living, in sports betting, I would bet the percentage of such people is small, maybe 1%, if at all.

I already know many friends who are involved in gambling, they spend their time in the world of gambling for 24 hours, without working, the fact is I don't see them being able to cover the needs of their families, what happens is fights in the household, so why do they keep on gambling if this happens, the biggest factor is addiction and lazy work, hoping to get big wins.

To be honest, I've made a lot of bets in sports betting, you really can't bet 100% accurately with the guesses or teams you bet on, sports are competitive, situations and conditions will determine wins and losses, even though the team or player is the strongest player & team in the world, the fact is that in the 2022 world cup, many bettors lose because of the team they are defending, what is the story if what happens like this can be said to make a living.

Sports gamblers, if you hear anything on the internet they can make a living in sports betting, it's all illusion and fairy tales, If someone says something to me, for sure I will hear with my shoulder, not with my ears.

You can if you know how to do it effectively and wisely.
It is not only about how much money you can risk but also about how far you know about the sports you are going to bet (knowledge).
Great money management also needed as well as emotion management.
If you are just a recreational sports bettor and you want to be professional sports bettor for living, it is possible but it is not that easy.

@OP it was already discussed before in this thread Anyone making 4 or 5 digits (USD) monthly from Crypto Sports betting? (https://bitcointalk.org/index.php?topic=5432740.0)

Actually I don't understand why you can say the casino has an advantage in sports betting? sports betting isn't like slots where the casino has house edge and it will make the gamblers has lower chance to win the game. While sports betting you're the one who choose the betting option and which event you're want to bet. The only advantage that the casino will earn is when you withdraw your winnings, they will charge more fee.

Like what most have mentioned, it can be really difficult making gambling as your main source of income due to its nature being unpredictable and unstable. Unlike getting a job where it pays you monthly, gambling totally relies on your partial skill + luck for you to profit. You may earn huge amounts of winnings in a day but you may also lose large amounts if your luck is not on your side.

If you plan on making sports betting as a source of income, make sure that you have a contingency plan in the event that it fails. Rather than depending on gambling as your main source of income, you may also want to venture into business, etc.

Not all can make a living through sports betting. This is still gambling and even the seasoned sports gambler loses so the need to have bankroll for months. With a big bankroll, you are able to weather losing streaks that will be on your way at some point. Money management is an important aspect of sports betting.

This clearly explains the act of anyone seeing gambling as a job. They end up having a broken home and some of them also ends up been an Alcohol addict. Religion aside, this is reason why the society frowns at gambling. Sports Gambling is to be participated in just for fun like sports itself and not a day job where you feed on. How many of these so call winners even use the wins wisely. Since is their only source of income they tend to gamble on the win. So personal I don’t see betting of any form a source of livelihood. And it should be frowned upon.

~%20 of pro sports betters make big money long-term. How is it possible? If you play something stupid, like slots, you have zero chance of winning long-term, the odds will always get you eventually. With sports betting, the casino does take a cut from both sides, but your opponent is not mathematical odds, you are competing against the other people who place bets, you actually have a chance to win long term.

In any kind of gambling, it will never be advisable to depend or rely that much on winning in this industry. Winning in the first place will never be certain even on sportsbetting wherein odds could be determined through data from players or teams. Anything could happen and that is how fate or luck plays a role in betting or gambling. Indeed there are people who made millions of profit from gambling but would it mean that I'd have the same earnings? Definitely not. There is a huge difference with each of the players' capital (the bigger it will be would generate bigger profit but would remain uncertain), gambling or betting strategy (anyhow won't mean certainty) and luck ofcourse. When it comes on a daily living, consistency is a must.

Making a living in sports batting is not an easy task. Because there is no guarantee of winning. It is not even possible to win consecutively. Because fate will not always be the same. Sports betting people who are profitable from here are truly lucky but to me it seems almost impossible. But I believe that it is possible to earn well with sports betting but not to maintain its consistency. It is possible to profit from sports betting if you can stay ahead of the win-loss ratio. But this requires proper education. How to protect yourself from addiction, greed should be well understood. Above all it is very important to know some basic things to win in gambling.

Casinos always win and always have advantages in luck-based games but in sports betting the gamblers have a good chance to win but not beat the house, I have a share and bad and good experience in sports betting but my knowledge is not enough to make a living out of it when it comes to sports betting I have a good chance to win on peer to peer than betting in casinos in sports betting section, but passion on the sports is the first requirement for you to bet in sports betting with good chances of winning.

Any individual can make a living off of anything so long as they stay consistent and committed to it.
So yes, one can make a living off of sports betting if they are consistent and committed to it. Professional bettors make a living off sports betting. A professional bettor (https://corner-stats.com/who-is-a-professional-football-bettor/info/388%22%22%22%22%22%22) is an individual who considers betting as an opportunity to consistently make money on it. This YouTuber (https://www.youtube.com/@ShaneHuang88) is a professional sports bettor and makes a living from it.

Why not, we have some gamblers making it out from gambling with sport betting, this is not what they have been into within a short period but they have a better experience in this over years and don't be surprised that though their winnings may be low amount but they got it more frequently than expected, thwy know to to go about it, even as many are loosing we have sone gamblers that almost win on a consistent level, what they do is to reduce the risk and maximize the winning opportunities with sport betting and they win no matter the little it may be.

If you ask to me does a gambler can make a living in sports? I will say it's possible, but if you ask me does every gamblers can make a living in sports? I will say it's impossible. If every gamblers are win on the bookies, then the bookies doesn't earn anything. If gamblers are consistently win in every sports, the bookies will lower the max bet since they don't have a lot bankroll anymore. The worst case the bookies would abandon their project and not pay the winnings due to insufficient funds.

That's because Sports betting and casino are not the same. Casino is mainly based on luck but sports betting is mainly based on knowledge. Now that you know their difference, I hope you will now know why it's possible for some people to make a living with sports betting.

I know this sounds inspiring to you or to anyone else and you may want to go to this path too but you shouldn't hurry up. It will still need a long year of experience before you get on their level. Once you figured out that you have a good winning rate (can be 85 to 90% and up) then that could be the time that you are ready to abandon your main job and other sources of income only to focus full-time in sports betting.

Yes, there are lots of gamblers who make a living in sports betting but we should not disregard the fact that it will be too risky to rely everything on gambling. You could make money but you could also have huge losses because of the possibility of losing. For you to be able to make a promising profit, you have to make sure that you know how sports betting works and you should also be familiar with the game as well as the players but sports betting could sometimes provide an unpredictable result so you must also be ready to deal with the risk of losing.

Yes, betting on sports betting can indeed provide a living but it's not easy because before that, we must have the ability to analyze so we can really choose the right team. But I don't know if any of the forum members here can make a living out of sports betting because that's everyone's secret. We don't even see members here showing their victory too often. Those who make a living from gambling hope to be able to win a lot of money from gambling because they see that there are already many who can earn a lot of money. That's why they are curious and want to try it, but they are not ready for the risks and many have suffered big losses.

Sports betting for a living may seem like a farfetched dream for some, but honestly it's one of the most viable ways of earning profits in the gambling industry. For one, sports betting doesn't include blindly letting yourself be taken apart by the house advantage or whatever odds are there, because you'd have the opportunity to study games played by teams and know what their strengths and weaknesses are. Although it must be pointed out that this is easier said than done. It takes a lot of patience and latent research and observation skills to consistently pull profits from this venture and not everyone is going to be that person. So proceed with caution if you consider using this venture as a source of income. Personally I wouldn't recommend it, but you do you.

There are many fake stories online, don't believe everything you read.

There are people who have made it through sports betting, they were lucky once and won a huge sum of money that changed their life, that can be a target for someone who sport bets, not making a living off sports betting which means depending on it fully to survive, that can be very unreliable, unless you plan to become a tipster, which also does not guarantee financial security.

I have seen gamblers that won big and used the wins to establish a viable business that is currently sustaining them. But relying on wins from gambling for daily or monthly expenses might not be the right decision. This is because income from gambling is unpredictable and unreliable. You might be lucky to win this month and might not win for many months, how would you survive? The best option still remains that gambling should not be recognized as a main source of income but it could give some side or passive income. All gamblers should have stable jobs to avoid gambling addiction and other health issues. It is also important to invest or make good use of the money that is won from gambling it shouldn't be spent on luxuries as many gambler do.

I don't think so because to make a living you need consistency. You're not talking about winning big one time and living the rest of your life on that win, we're talking about winning monthly, maybe weekly.
That's something nobody can guarantee you and you or anybody else should not live worrying if they will have money to pay the rent next month.

Gambling can be good supplementary income especially when it only takes an hour or two a day to make predictions and place new bets. What are you going to do with the rest of your time?

Don't try to make a life as a gambler. Be a professional in something and then a gambler in your free time.

I don't really know how people are making leaving from gambling, but to be honest most addicted gamblers believe if they keep on gambling, they are going to win big that's why it's always difficult for addicted gamblers to stop gambling, if you are gambling because you are looking for money, then the amount you might endup losing will be more than the amount you will win whenever you are going to win because you will definitely be desperate for the money.

If you depend on gambling for leaving, what will happen when you don't win within a particular time, am not asking people not to gamble, but we shouldn't depend on gambling for leaving, I think that's just my suggestion.

I can say based on my knowledge that if you were able to control your emotions and have limits on the amounts and number of bets you take, you could make reasonable profit as there is always a level of risk you could choose considering there are different odds, so you can stay with the small odds that provide high winning probability, but I think it's not an easy matter as the greed always steps in to force you to make additional bets or high odds bets, which usually results in losing your money.

Truly there are plenty gamblers in third world countries who makes a living via sport betting due to the high rate of unemployment in their countries thus are full time gamblers, of course they are very skillful in analyzing matches and they usually have a group chat where they suggest pick of the day, I came across one of their forum where many of them do table their present condition in term of reliance on betting to make end meet or for a living, consequently they make money and some reasonable profits from winnings from their bettings, however I don't think this is applicable in advance countries where people gamble just for fun at times do earn extra income from it.

Actually, we have a lot of discussion related to your question. I will answer it, it depends on the ability you have. So, the answer is very relative depending on one's insight ability, how does he know the ins and outs of the world of sports that he studies, we take the example of football.

to become a professional gambler. you need a lot of knowledge, high insight regarding football itself. coach patterns, coach strategies, team strengths, injured players, teams that are on fire, whatever it is, you have to know as much detail as possible to be a benchmark in your betting. you also have to do an analysis, and for sure it takes up a lot of your time. moreover, you should watch the matches of the leagues that concern you. there are various things that a person needs to know if he wants to become a professional, how is it different from a football observer. at least, you have to have what I said in this post as basic capital.

even so, in every bet no matter how observant you are in terms of analyzing. still, the end result will be very closely related to the luck factor, even though it is based on various knowledge. so, I can't say that sports betting can be a place to make a living.  because I haven't reached that stage yet, my knowledge is still very limited regarding analysis. in fact, there are many people who are involved and become professional gamblers in the world of sports.

Why should these people share their stories just to prove that's possible? It's not their responsibility and I don't see any reason why should they shared it.

Let's put it this way, it's really possible to make a living in sports betting but not all are capable of doing that.

They surely undergo lots of failures and losses before reaching that status where they can make a living now thru sports betting. Besides, surely these bettors are able to gather more profits by now since they started their journey in sports betting that's why there's no pressure at all if they lose a certain match.

It's true that not everyone can make a living from sports betting. Sports betting sites from casinos are very risky. I have seen from my own experience that sometimes winning teams lose. I bet on a few games where I won but lost at the last moment. There was a draw in the last minute. So those who bet on sports betting sites are losers most of the time. For example, those who bet on sports betting focused on the game between Argentina and Saudi Arabia in the World Cup, but all of them bet on Argentina and they lost a lot of money there. Sports betting is exactly where the winning team sometimes loses. That's why you have to bet carefully when taking a bet in sports betting.

You do t need to be that curious mate because there are many people even those that are not serious gamblers cashing out big from betting especially sport bets where the house does not have the power to decide on the outcome of the result. It all depends on how you are making your bets and how you tend to bet, whether with big fund and small fund depending on your risks.
Try and join any sport bet prediction grow and see for yourself how people are making and earning big from betting even though it's not always consistent. Some many things are happening and you need to take a look on that.

Most people making a living are matched betting, rather than being your average punter. Technically, that's against the rules of most betting companies, and you'd like to think that there's a particular lifespan to it, since you'll eventually get found out. Obviously, nothing illegal about matched betting though so a ton of people do it.

As for just betting casually, very likely not. If it was easy, then the gambling industry wouldn't exist. It's basically guaranteed profit for them. That's why they can offer ludicrous bonuses quite frequently. Anyone making a living will be playing skill based games rather than traditional casino games, that's for sure.

Sports betting is a rather rare source of income for most people. It's not simple to make a living off of sports betting; otherwise, you would be aware of the amount of money you have invested or lost in the gambling industry. It costs a lot of money to use sports betting as a source of income. My friend regularly places large bets on sports each week. He selects a few games each week that he is confident in and places large bets on them. Every week, he always conducts himself in such a manner. He is succeeding, though.

It is definitely hard work that goes beyond simple hobby bets. It requires a lot of dedication from the bettor, available time, reading the news looking for "loopholes" that give some advantage to a certain team or athlete that the bookmakers have not yet seen, a lot of money, persistence, technique and, obviously, luck.

What I can say is that this is possible: "make money only with sports betting.
But it's something that works for some people and not for others, you have to have the gift for it, just like any job, where only the best can really benefit from it.

Also, it may be that in some months or seasons it will give you a lot of money, in another, it may only give you a loss.

No matter how good the bettor is, I would never recommend anyone to dedicate themselves only to earnings from sports betting. It is important to look for other sources of income in order to have some financial guarantee.

If I will say, what the OP is saying might be true or not true. Why I said it is true because there are some gamblers that are winning games every week and they are using to pay their bills and other stuff in their house and why I said not because it is not easy for a gambler to win every time to feed his family so get a living from gambling is not true.

Even the addicted gamblers can not tell me that they are winning every day to feed their family.

I absolutely agree with you. In my opinion earning money by betting on sports is much more difficult than working as a manager, engineer in a company or a sales clerk. Betting on sports is not only a very time-consuming activity, but also a huge risk, which from time to time will significantly reduce your financial component. That's why I, too, prefer to have a stable job with minimal risk of losing my money.

Just think of those professional poker players that have been making a living from that profession. Then, it's truly possible that someone can be an expert in sports betting.

Since sports betting isn't all about luck, someone can learn and study how the chosen sports to be as a bettor would work.

Just like any thing that we do like trading or investing, the struggle is there at the beginning. But if you're passionate about it, you'll get to learn from your losses.

We shouldn't take gambling as an occupation,or see it as a means to make profit,if not you will end up being an addict, instead we should see it as a means of entertainment, this is the only way that will make you enjoy gambling. There is no logic or strategy that you can use to predict sport bet accurately, gamble is a game of luck. My brother loves gambling on sports especially on football but he wins once in awhile after so much lost. It is not advisable to take gambling as a means of earning a living, because it is the same thing with gambling with your life.

I think of Poker as a 90% skill game and only 10% luck based so in Poker it all depends on your knowledge,the ability to have patience which amount for 90% of skill and that 10% of luck is how good you are at reading adversaries face expressions during the tournament.We have seen Pokerstars in Tv how some of the most skillful players have bluffed hard and has won a big hand in Texas holdem poker specifically with only 2 and 3 as their cards.

In sport betting you have skill yes but the problem is that you cannot really predict the outcome of the game if the referee impacts the game a lot,you have in no way control over such happenings and this makes me think that here we are in 50-50 equal percentage of skill and luck so it is difficult to make a living out from something with only 50% chance.

There are people I have come in contact with who have made so much fortune from gambling, but it took them so many years to hit their jackpots. Gambling is not like the regular business that has a high level of success guarantee if ventured into. For gambling, it takes patience, commitment and discipline to make a good living out of it, and it is never a guarantee most of the time it takes more than luck to make a living because for toxic gamblers they end up losing even more than they have ever won through gambling.

You can in theory but the ways you are going to use to achieve this goal are all forbidden. There are strategies like EV betting, arbitrage betting and these are banned by the casinos usually. The casino owners don't want you to make a living from gambling. That's not your job. It is their job to make money as they are the house.

If you make a constant streaming income from gambling, then you are effectively competing with the casino owners. They don't want that.

When they find out about your intentions (making money) they will lock your account and show you the door.

It is not worth the trouble find yourself a rl job.

As far as I know people living in sports betting aren't exactly profiting from their bets, but from sponsors, youtube channels, donators and passive income investments which proportionate them to maintain their gambling routine. Unless you know someone personally who live from bets, you have to be skeptical about it, because the easiest thing on the internet for popular social influencers is to exhibit an artificial life which doesn't correspond to the reality behind the curtains of the spectacle. Sadly, many people believe anyone they see on the internet, since they look wealthy and charismatic.

I'm just not sure it exists, but maybe some of them make a decent profit on some matches so that they can afford to live on a daily basis.
If you can accept a high risk of losing, then you may end up winning bets more often than losing. I mean you can put $1000 on a game where you are absolutely sure that your favorite team will win it. Basically, the odds will be low, but with a big bet, chances are you will get a commensurate win. But then again, I have never tried this way where gambling is not acting as part of my way of making money. Gambling is all about fun it represents my opinion.

What you heard that can be true but it's is also true story that I have been seen lots of people in my life whose became the streets beggar for gambling in sports and Moreover, I have seen people who gamble and run away from the area, leaving behind their wives and
children.
However, I have seen very few successful people it can be also say that haven't see anyone who make a living from gambling. Because the win ratio is much less from the loss. Because it's true that good and skillfull analysis can bring some benefits to prediction in sports gambling but overall it is also in gambling so you must have to depend on luck .
I  will never give anyone to that inspiration to make living by doing sports betting  but it can be take as a entertainment purpose.

People should also consider the reality of sportsbetting, very few have the success on this activity.
Yes, they can use those people as inspiration but they should consider their financial conditions.
Because if they will follow their desires to reach the status of those successful bettors, they may end up bankrupt or worse in deep debt.
Those successful people have their own share of losses, and with long years of betting on particular sports, they already gained expertise on such sports.
It is not an overnight familiarity of the sports, but years and years of following and knowing the sports, hence, they achieve very good grasp on that sports.

Where are all these stories? Maybe that is all they are - stories and not based on fact. You'll find like with many things in life, there are a lot of posers out there and they try to make a business out of selling "tips" or strategies to gullible people. There are countless people creating fake information on places like Youtube who pretend to be winning, but the real winners out there are extremely rare and will keep very quiet about their business to prolong it as much as possible. The only exception to that might be large syndicate companies who simply try to get a tiny edge over bookmakers and often lay off bets if they think there is a possibility to make a small profit on mispriced odds, but you need a lot of money and statistical intelligence to play at that game.

I think it can't be inspiration to make live by doing gambling what ever it called sports or casino both are High risky. Cause you can't guarantee that you will definitely won every bet  and I think if it could be possible then All gamblers were always well off. Now it is seen that most of the people who are addicted to gambling are leading their miserable lives. And at the end of the day, it appears that many people are getting involved in various types of crime while making gambling money.
So I think it should be on its limits and avoid this decision to make live by doing betting but you can enjoy it as the purpose of entertainment.

That's correct. You can't rely on your wins, that's not a way to make a living. A gambler can be at a loss for a month or two and if that's his only way of making money he's going to starve. What if you have a family? Are you going to tell your wife that this month you won't be driving anywhere because you're out of money for gas?
Gamblers who live out of gambling are either affiliated with casinos, or own casinos themselves.

^Definitely right and I agree, there should be a stable source of income.
As I can see, there is nothing wrong if you are betting to gain profit and who knows you are very expert on this job by doing technical skills that can predict who will be the winner after the match. I gamble also in sports betting but I never overthink about the money, I will accept if I am a loss and come back another day and never chase my losses. The same for others, never think of this as a way of living, it will make your life ruin, promise.

Yeah, you can't guarantee that you will win on a daily basis but if there are stories that have been made by actual people, gamblers in real life and it's their way of living, you'll get to see that it's the reality.

That happens when the gambler is too irresponsible with the choice that they've made. Gambling is a choice and being addicted is also being out of control for which can't be stopped unless they become aware of what they're having.

There's still an association with luck but it's not wholly reliant on it if it's about poker. The more experience and skilled you are, the better chance of winning in the table there.

That's what I'm saying about those professional poker players, and not just as seen on the pokerstars but also in real life that are just playing it lowkey.

With your explanation in sports betting, it's also the same as poker if it's about the situation that you cannot control. I mean all games are like that.

In the first place, you won't encounter those stories you are referring to if the possibility to make a living in sports betting is just a hoax.

I doubt that those people who were able to achieve that status is lurking here in the forum.

My question is, does it really matter to know? What we should prioritize is to just keep our winning stats as consistent as possible. Who knows that someday, you will also reach that status where your capability is really can consider on a professional level.

Some are really just that curious if there are really ones who do make a living out of gambling or via sports betting which its true that there's no point on knowing or you are really just trying out to
make yourself believe that it could really happen but it is also bad that on the time comes where it would really be making it as an inspiration for you to gamble which it might really be causing
up some mistakes or errors that you might be making because you are really that desperate on reaching out that particular state or condition which is really that a bad idea.

It's important you made this point, and most people underestimate the fact that the players who claim to earn big through gambling make their money through referral links. I've seen multiple tweets of tickets with huge wins, which draws people closer to believing the account handler, and signing up with their referral codes. Most of the times they're only a few who are fully into gambling as a source of income. Though, it's not advisable to take such step as a person who is not financially stable, but an experienced person can venture into such business. The disadvantage is financial insecurity, they can go broke any moment, that's why its good for top earners to venture into gambling as a livelihood. Looking at Drake for instance, he is a world super star, yet he makes lots of profits through gambling locally and online. Even if, sometimes, he losses a good sum of money he'd gain it back through his music. Such practice from gamblers is better than taking only the gambling route as the only source of income.

Indeed, that would be a very unstable life to rely on gambling source of income for a living, especially when having wife and children to feed and raise. It's surprising, but there is actually some insane people who take those gambling streamers seriously and resign their daily jobs to adopt a similar lifestyle, expecting they will be able to live from income of sports bets and earn even more than they were earning on their previous daily jobs.

Have seen post answering threads about their winning consecutively in gambling but did not come across in a thread created by legit Member of the forum telling stories that he is living and making their life luxury in sports betting.

but I also knew that with skills and knowledge? we can have big chances of winning in sports betting than Luck base gambling .

I am a sports gambler but not a real serious one.  I have heard this question being proposed to professional sports gamblers however, and I can say it's certainly not something for most people to try and obtain a living from.  The guy who went on a really long run on Jeopardy recently who was from Illinois is a professional sports gambler.  I remember him saying it's extremely stressful and there's many times where he loses crazy amounts of money. 

I think those whom are highly intelligent and highly proficient in math/charts things of that nature are the ones who could make this a possibility.

I think that is the keyword, others might be very serious in their gambling that it turns out to be their main source of income. Of course the odds are not in our favor, but there could be some who's willing to go that line and make a living and even profiting huge in sports betting.

Seen a lot of bets on hundreds and even thousands of dollars in some casino's that I played and I think this guy maybe is that one person who makes more money than having a regular job.

I have got this idea on my mind that people who "make a living" on sport betting are mostly people who have already their life set.
People who are already retired or with much money, enough  money not to work again and then they dedicate much of their spare time to learn and watch a sport.
They can lose sometimes and win other times, however, since they can spend all their time on sport betting, they accumulate experience, eventually start to get positive earnings out their big savings.

I am not sure if that perception is accurate, though. What do you think?

It's possible that there might be gamblers out there who are earning a living through sports betting because they're knowledgeable of what they are doing to possibly use it as their main source of income. However, even sports betting is not relying alone in luck (since knowledge and strategy are necessary in order win) still, it has risk because it's gambling.

Therefore, if you're a gambler, it's enough that you are somehow winning when you bet and not treating it as your source to make a living. Having another job that can give you a stable income is still much wiser since you're not depending on luck just like in gambling.

There might be some gamblers who do that.
In my case though, I don't. I bet daily but I don't think of it as my job, more like to increase the thrill of the game only.
The feeling of looking at your bets while watching the game gives an emotion that is unexplainable and I am always hungry for it.

Sports betting is different, it relies on both luck and analysis. Some gamblers may just be lucky and make profits but some do analyze the game in an intense manner just to increase their chance to win the bet. But it doesn't mean it will always go the way they predicted it.
Making it a living will consume a lot of your time and that means some connections for instant updates about what might happen in the sports that he is betting with. i.e. player injuries

I think there are people who are not working but who are also making good money from sports betting. But they are not literally making a living out of it. They're probably rich already or have big savings that they don't have to work anymore to support their family's needs. They just bet but even if they lose, they don't worry at all for their needs. They also win at times. So this is possible. But if you have got literally nothing, and you want to make a living out of sports betting, I don't think that's possible.

If someone already has a lot and has large savings, they may find it difficult to make a living from gambling because gambling is not a place to make money but to spend money.
In addition, the savings they have will soon run out if they only use them for gambling without any income.
They should change their thinking like that and move on to open a business first instead of wasting money on gambling that doesn't know how big the win rate is.
Sure they can win, but it won't be as often as they lose so if they can make money elsewhere and it's bigger than their gambling budget, they don't have to worry about losing.

Yes can believe in this , a friend of mine (that is a son of businessman) is really doing good in sports betting but he is already a rich boy that only use the winning for his luxurious living.

but there are some accounts here in forum that I have been watching for years and really winning good , but I don't know if how much are they losing also and if they are treating sports betting as means of living .

it will be more interesting if there will be someone proving this take effect.

It is possible but it is not easy at all, now I am not an expert on the topic but this is in fact possible due to the lack of skill of the general public and a process called balancing the books, in theory a sportbook would like to earn the same amount of money in a single event regardless of who won, however sometimes there is a team or player that is so favored by the general public that if such a team or player were to lose the casino would lose money.

And in an effort to bring more people to bet on the other side the sportbook offers better odds for it and worse odds for the favorite, this is called balancing the books, but in this process smart bettors can get very good odds for their bets, win more often and more money as well, but doing this as you can guess requires a great deal of knowledge about a sport and the odds as well.

Yes, I have also seen several posts about the wins experienced by some gamblers in this forum and did not find them telling or showing the wealth from the betting results.
However, there have been many who have indeed been able to change their lives from betting or gambling that I encountered in the environment where I live.
I think if members of this forum manage to make a living from betting but they don't want to publish, I can understand their thoughts. his predictions and this can make a gambler feel uncomfortable with questions about the predictions he makes.

Agreed, to some people, it has a psychological effect. I've once read that sharing stories about your success makes them less achievable.

You can find people sharing their winning bets but finding people who make a living out of sports betting won't be as easy as 1, 2, 3. People like them prefer to mind their own business and just focus on betting. Same thing with dice or slot players.

You have already been given good advice, the only thing I would like to add is that probably the people you see on Youtube or similar promoting this, make more money with the channel than with sports betting. It's like with people selling get rich courses, many make more from the course than from their other sources of income.

As for the rest, you have already been told, but it requires perseverance, effort, etc. Apart from the fact that it is more difficult nowadays than it was years ago, but it can be done.

And if you are going to try it, don't forget to control the psychological aspect. Even if you are good and put in the time and effort, you will always have a string of negative results, and for that you have to have a good bankroll and a very good mindset.

It could be possible, but you need a lot more time and risk appetite to do that.
You need time to study the teams/players and match up winning percentage for each and every team/player in that particular sport. Generally, you need to study everything about that sport to place a good bet effectively.
That means, you gotta give up more of your time so you can focus on gambling, you might end up quitting your job to stay focused.
But, I would never personally try it, the possibility of you getting broke is at a highest risk.

I think you are misunderstanding something here -- "casinos always win because they have the advantage" is when it has to do with games like Dice, Blackjack, Keno, Crash etc ,and other in-house games, this believe is not actually valid with sports betting, sports betting is a worldwide game where result is visible to everybody, there are no ways for casinos to cheat gamblers here except the casino are managed by scammers.

In games like Dice and the like, the gambler is solely dependent on luck win, and whether this gambler gets lucky depends on the casino's algorithm or game provider, but in sports betting, the gambler is not on dependent on luck, but he or she is also have a knowledge advantage, this means that if the gambler is really knowledgeable about the game and the players and can all the time, correctly predict which team would win, it is very possible for such a gambler to make a living off betting. 

I know someone that did this full time, this person has been gambling from when I knew him up till this day. We were college mates, this person used sport betting to handle all his college expenses back then and up till this day he's still very active in on the gambling business although he has other job now that he used to take care of others bills.

Currently him betting is just a way to support himself but before now he relyed fully on just betting. I knew this because I was with him like most times although we weren't best friends but just friends. He didn't have a hide time since he was very good with his predictions and sometimes we copy his bet and win too.

although some may do. but it is highly not recommended. Sports betting is just like playing craps or slots in a casino. although you can analyze the teams competing, the reality is that more matches don't match what we are betting on.
sports betting would be better for other pursuits just for fun. twist-money just to play in gambling. think of meeting our needs, it would be quite difficult. no one will ever know when he will win or lose. or how much they will win or how much money they will spend.

I think any users that say they're make a living in sports betting is complete bullshit because they're still wear the paid signature lol, if you've make money through betting, why you need to spend time in this forum for posting? Posting in this forum is require a lot time since you need to read the whole posts and post on topic, but the weekly payout is small compare to your winning in sports betting.

I don't think anyone here has said explicitly that they are living from sport betting and winning a lot of money.I agree with you that is extremely difficult to make a living out of gambling no matter how good you may be at it,it is still luck that determines the outcome.

As I said in my first reply here in this thread I am trying my experiment,deposited some 0.14 Litecoin and will play a single bet daily most likely both teams to score with 0.02 Litecoin as a wager and see how it goes for this week.For today I choose Ligue 1 in France,the game of Lens and Lens draw no bet at 1.44 odd.

I think its very possible to use betting to support your bank account. I mean if you have other ways to generate income its very likely you can reach profitable point at betting so it can feel like secondary wage. I know a colleague who literally bet twice every week. His income through sports betting reached a point where its nearly more than half of its wage. But making a living through sports betting is very risky and I don't think a lot of people try it.

i am more inclined to multiply my crypto money in sports betting not to make a living , because i work to make a living for myself and my family, usually i just use cold money or bonus money from my salary to buy crypto and bet on sports betting for doubling it as an investment is nothing more than that, even though it will eventually be sold when the crypto price is high

There is a difference between sports betting and casino games, in the casino all the games are designed with a house edge. Which means that the chances for the casino to win is higher than our chances. With that the casino ensures to be profitable long term as the more people gamble the more closely will the profit be to the expected values of the games. In sports betting we are placing bets against our people, the bookmaker takes a fee for each bet but he doesn't care much which team is going to win or lose. The bookmaker wants as many people to place bets as possible. So far I haven't met anybody who is making a living out of sports betting. Some friends of mine have been very successful with sports betting in the past and made a nice profit, but none of them would consider making it their career. Having a normal job guarantees we are getting paid every month our fixed salary, with gambling and sports betting our income will fluctuate a lot. In my opinion we need to have another form of income that at least lets us cover our fixed monthly costs, and use sports betting or gambling as a side business for making additional money.

Your friend is truly a lucky man to be able to make money on sports betting and has been doing it ever since. Only a few people can do like your friend because most will experience many losses, making it unfit to do it continuously.

But your friend can do it and he also allows you and other friends to win. But he didn't have to do it all his life; luckily, he now has another job that can provide him with income. Maybe he also felt gambling was not a good way to make money.

I'm not saying I'll fully focus on gambling to make money, still it's good to have a job or business as it's less risky.
However, if the time comes that I will find the formula to win consistently, I think sports betting should be my focus as there's no limit on how much I'll make it here, and it's also very easy, it does not need a lot of time or will pressure me.

Imagine, having a vacation with your family and you just need to spend some hours to put a bet, afterwards, you'll calsh out. easy, right?


I'm okay with starting all, everyone starts with a humble beginning.  :)

I'm not sure if there's anyone here who makes a living from sports betting. But I'd like to see if there are any, and I'd like to share with you a documentary I saw about a sports bettor king in New York. He hasn't shared any input on his strategy, but he is definitely rich and makes a living off of it. He just shared that his first bet was $3,000 and he turned it into $30,000 So he told himself that he could really make money from it. He only gave one piece of advice: bet big because the reward is high, but so is the risk. 

this is a forum where if you take a few hours and read all the posts in the gambling section mainly in the soccer or NBA or UFC threads you will notice that nobody posts how much money they are betting, how much money they lost on a certain bet and the reason for the bets. people don't post the money they bet and because they bet with little money and with so little money they feel ashamed and for that reason they don't post values

so let's think, if people bet with little money, then they don't live from gambling, even people on youtube who consider themselves guro don't make money from gambling, they make money from videos on youtube and books they keep writing, and also earn money with telegram channel


there are few people who win a lot of money in gambling, but when these people win a lot of money they stop playing with high amounts of money. there is a big difference between

1 - have fixed income or constant profit with casinos
2 - win a lot of money at the casino once and then support yourself with that money for many years

At the very least, one should be an expert in the field. really know the ins and outs of sports, even as detailed as possible. for example in the type of sport of football, like observers who are experts in their assessment of a team that will compete. whether it's from the coach, the players, the formation, the pattern of play, whatever it is, all of which become a reference in an assessment.

I have a reference to one of the observers in my country, the analysis is really cool. whether it's reviewing the coach, players, patterns and strategies. he can analyze it in depth. In fact, he even admitted that he once made a living from betting on football and it worked for him which eventually led him to become famous as a commentator on a football event.

So, what each of us are telling here is that there are actually people who do make a living from sports betting. but, not everyone is able to do it. because to become an expert, it takes a lot of knowledge related to everything in the world of sports. at least, it requires high knowledge and insight and love for sports and not everyone is able to do it. apart from it all. in football betting, all we can do is analyze it to reduce the potential for defeat and increase the chances of victory. but one thing is for sure, we will know the result after the match starts until one of the teams wins the battle.

It is true that the higher the risk that we could take the higher the rewards that we could gain but that doesn't always work for everyone, especially for small-time bettors who only have limited allocation for gambling. There are really lucky gamblers who can generate huge profits through sports betting. They are the gamblers who can deal with all the possible risks but if you are talking about sports betting as a primary source of income, it isn't always idealistic. You could have it as a side hustle but not a source of living.

Sports betting is not advisable that one use it as a source of income, but can be associated when one is less busy or during the weekends, one of the best time to place bets. Gambling have it's advantages and disadvantages, left for one to know what's good for him or her. Gambling id a form of addiction when you keep placing bet and it's getting cuts of slip, I often place bets on games knowing fully well that gambling is not my thing. I've seen many gamblers that are good with matches statistics and still yet, end up losing, so it's either luck by guessing which team wins or following top football prediction groups that gives almost average scores of games.

Yeah, and that's why those that are thinking that it's only about being the gambler alone, there are some ways that they can do while being the gambler themselves.

With the numbers that I've seen, I think the highest that I've seen last year was $10k and yeah that's all just casino referrals and commissions and I can imagine how happy they are with that profit in a year by just having the commissions alone.

Gamblers who have other businesses outside and they still bet, we can conclude that they gamble just for fun hoping for a win, but not entirely expecting a big profit from betting.
Very different from a gambler who really spends their life in the world of gambling and of course they only rely on money from playing and betting.
This thinking is usually only owned by a few people and even then they are supported by the skills and analysis strategies of gambling games that are already experts.

For you me i can’t make much profit on sports betting and i never had like a crazy win that would cover my losses in betting, i bet for fun and for my favorite team but not with large amounts of money. But i must say that it’s really possible for someone to make a living over sports betting if that person is very familiar with specific sport and has interest in that he will follow a team or a player very well that he will guess the correct score and bet most of the time and can be profitable after every end of month. But he should have a great amount of money to start with and high risk of losing over time.
And for the casino always win i think sports betting is a bit different even that yes the casino wins but less than games. And also the quote is for like 90-95% of people and the small rest of people are winning

You can make a living but you have to be very careful not to end up totally rekt. The best advice is to always only gamble with amounts that you can afford to lose. It should be fun, the moment it stops becoming fun is when you have a problem.

There are people who make a living in sports gambling but don’t assume you can also do that unless you have real expertise & thorough knowledge in multiple sports. You also need a strong resolve, don’t have any emotions in your gambling patterns & don’t chase losses.

As I said before though, it’s best to gamble as a hobby with no pressure, using smaller amounts.

The best site for sports gambling with crypto is www.sportsbet.io
The best casino for gambling online with crypto is www.bitcasino.io

At best, that is the best advice for the OP instead of thinking about how he could be someone else.
I hope that whatever other people are capable of doing with a high level of risk doesn't make us too interested when we don't fully have the knowledge and experience and abilities. Losing at gambling when they gamble for a living is bad, it changes everything including emotions running high. So definitely not something to recommend for anyone who can't control their emotions yet.

For me, one way I think you can make a living on sports betting is by always staking on games that seem to have a higher percentage of winning. By that I mean staking on live matches, i.e on the side that is already winning in its second half of the game while staking with a huge amount on its small sure odds (e.g 1.10, 1.20, 1.09, 1.32 etc.). But thou this method is not always risk-free, which is why you just have to be very selective on the matches you gamble on.
For example, as you can see in the image below, you can notice that the match is been played at Leicester 2 - 0 Chelsea, with Leicester having an odd of 1.10 while Chelsea has an odd of 36.5, so since Leicester is already winning with 2 goals to nill, so the best strategy will be to bet on the winning side which is Leicester with a huge fund,  that is, stake $1000 to get $1100 ($100 profit) or stake $2000 to get $2200 ($200 profit)

https://i.ibb.co/dkyMwyN/Screenshot-20230112-064731.jpg (https://ibb.co/CVF83Fj)

But moreover, this is not financial advice, please endeavour to DYOR

usually if we play as a hobby with small bets of course that cannot be a guarantee for making a living in gambling, because playing is limited to a hobby just for fun nothing more, playing gambling for a living is sometimes a difficult combination

If we are talking about money where it's be sensitive to expose all the winning here, I think it could be hard to know and find a member who won and lives with sports betting. I often to see members who always prove the sport winning but rarely to see prove how much money has he won. then I believe a few of them live with that but it's not as the main job.

Only what may likely happen is a person that is rich that got no other way to make money than to be gambling and lost all his money and become poor. If you have money, use it for other things like businesses that can be profitable instead of using it for gambling. Just like you said, it is hard to see someone that will be living with gambling, that is not possible because that person's life is in danger. Gambling is not for any other thing than having fun but some people will take it to extra level of using it to make money and which can lead to a regret.

If you want to make a living from sports betting, you should look at ways besides just betting, which is hard to consistently win at. For example, some casinos offer referral programs. You can advertise their services and when people use them after following your link, you can get paid. Some people take out ads and really try to get referrals. Over time that can be one way you could make a living from sports betting.

It's a sort of self-proclamation, but there's no evidence. I, too, only saw it in a documentary, but I never saw anyone who truly made a living from gambling, as we all know that the risk in gambling is very high, and it is very likely that you will not win anything at all. But I'm sure if there is one, we won't find it here in the forum, on social media, or in documentaries like the ones I've seen, but I haven't followed any gambling celebrities because following them is like triggering yourself to gamble whenever you see a post from them. 

It means you would have to be professional. To know everything there is to know about the players / fighters. Follow recent news and eat and breath sports. And even with that you won't get nearly all the bets right because some games can't be predicted. But that knowledge gives you an edge that can lead to profits if you are using it correctly.

Also if you aren't doing it purely by instict, it would be good if you had the latest data on spreadsheets to make some cold calculations that would give you a clear view over your feelings and preconception.

Playing gambling as a hobby only gives pleasure and sadness because we manage to win money or lose money playing gambling. And that won't allow us to make a living from gambling because to be able to do this, we have to learn many things that can support us to earn money from gambling. But I believe some people can make a living from gambling and these are professionals with experience in gambling. But they won't tell us how much money they make because that's their secret.

I have seen people make a living just through spot betting, so my answer is yes, one can make a living out of sports betting. Those who make a living from sports betting are very familiar with a lot of clubs; they know the capabilities of most clubs and their players. Most times, they are so lucky with their predictions. Sometimes, if a game has three or more options, the person can decide to bet on all the options if they are not too certain. These people (like the guy you are referring to) have developed sports betting as a skill and an occupation. He bets all the time; he is watching football news and some live matches all day long, and he is betting continuously, so he also wins a lot. 

But one thing I must say is that it's possible to be inspired by a story but not always possible to do something best like the person in that story. There are some people who are best at doing what they know how to do, and that's because they have been doing it for a long time and have different strategies and logics they use.

I heard stories from friends too on how they make money from gambling but it's not a recommended type of making a living. Most of them have managers backing them up and they share the money after a win. A loss though is like a loan to the managers and if you are able to win again you will pay parts of it.
It's like a contract so he would fund your hobby, but this could become troublesome in the long run. The good side about having a manager is you are controlled on how much you will spend unlike when you do it by yourself were there will be times you will try to chase the losses.

We all know that casinos never lose, so imho, I dont believe that someone can make a living in sports betting. This wont be a normal life, it will be more like a survival. The life of sports better is to much unstable, to many risks, to much instability.

There is only one way to make a living through sports betting - becoming famous and selling betting predictions, signals, suggestions. But that is a scam way to earn money. One day the number of people who trust you or who you can cheat will end, and you will end broke.

For a while I watched several bloggers who claim to live only from betting, in fact it is difficult to verify whether this is true, or they cooperate with bookmakers for advertising. But what they earn from advertising is for sure. Perhaps the truth is that the total income received from advertising and monetization from YouTube is enough to make a good living from it, but if it was only betting, then the result would be different.

I think the best answer is "commitment". Yes, this is absolutely true, because those who makes a living through gambling or sports betting are always there sourcing information and past events of those clubs and teams, i mean; Before it would get to match days, they will go in research about those team and clubs that are to play and know their past records and events. I believe with all these commitments they would definitely makes out a winning.
So if you want to be involved, you need to devote your time and work very hard before you could start making a living from sports betting.

It's not about commitment. This is gambling. It needs money to begin with. I wonder if I were to make a living out of sports betting, what am I gonna do first? Does it mean I already have the money to pay rent, buy food, and gamble? What if I lose? Where should I get the money that I need for my daily expenses? Where should I get the money to continue betting?

Sports betting is not easy. Not only do upsets happen and predictions fail, the odds are also not equal. It makes everything complicated.

And not that the casino always wins for every gambler. there are many people who win lottery with fantastic value, jackpot from slot machines, or maybe you have also won a high number of wins. well, for this type of gambling I doubt one can make a living betting gambling which is based on luck.

but for this type of sports betting, this type of betting does not completely involve pure luck. in sports especially football, if you and I want to be professional gamblers. at least we need a lot of knowledge, insight, high dedication, analysis, patterns, strategies, games, teamwork, coaches, leagues, and whatever it is related to football he must know in depth. and not only that, a professional sports gambler will usually only choose one or two matches from all the Leagues that are on his radar and single bets are the most ideal bets.

apart from all that. I'm pretty sure, at least there is a sports betting gambler who earns extra income from his betting, but on the condition that he is an expert. sadly, that's not me.

I want to make a clarity on this I will say that many individuals make a living through sports betting and it is possible to make a huge some of money through betting without being a footballer or coach, luck plays a major role in gambling but as a person who is involved in betting you have to familiarize with the particular sports,teams and matches you want to bet on, both their head to head analysis also matters, having a versed knowledge of the league you are playing is a great advantage also many people who make money from betting solely specialize in unpronounced leagues and lower divisions where the betting company may not have a good knowledge.

I never would believe anything youtubers tell me, they are the greatest deceptionals if you ask me, if they tell me they are living off gambling, they are probably promoting a casino and that casino is paying them for sure, the money they earn from promoting casinos on their videos is more than enough to make a living from, most especially, those of them that have a huge followings.

That aside, making a living off sports betting is very possible though, like i said in my previous comment on this topic, but it requires thorough knowledge and some level of luck.

at least to do that you have to really understand all the sports information that he wants to bet on, sometimes if we just follow other people's predictions, we worry that it will be very disappointing and it will also hurt us too in the end, many of my friends out there make their living only by betting on sports and most of them are good at analyzing because almost any information they already understand as a whole

They say that because there is a purpose because if it is difficult for us to verify the information, we don't have to believe what they say. Maybe it's true that they get income from their website advertisements and just have to make a news story as if they are providing something useful for visitors. I believe more if they monetize their Youtube accounts to earn or make a living than they say they can make a living from gambling, whatever the game is.

In gamble, you don't put all your hope on it. Or set  your  goals on betting. Gamble is a lucky game, you win sometimes and lose sometimes. It's not guaranteed and there's no sure bet. I usually,don't depend on betting, I see it as an exercise of the brain,  I only use my spare money to bet.
But have seen friends that have made money from betting, buy cars and build houses for one winning. It's possible when luck is by your side.

That is still some sort of promotion for their player's gambling, or they are sponsored on it, which means he is not earning solely from gambling winnings. Then also, if he is really making a living with gambling, why is he still going to vlog about it? Since we all know vlogging is time-consuming and requires effort, if gambling is already making me a ton of money, I don't do vlogging anymore. That is not the case; they simply want us to sign up for their platform. 

Cant wait when someone posts here a confession how he successfully makes a living with sports betting or has totally failed in that and now is broke. All I see here are just general reasoning, stories like my mothers cousin brothers friend has became a millionaire (or not) through sports betting, and stuff like that. Gambling section is one of the biggest sections among other sub-forum threads. I am sure we have guys who gamble 24/7.

So far I think it is impossible to make a living out of that. Humans greed and emotions wont let a person have stable and well income from sports betting.

Let us believe that before one could go into gambling, he already have something doing which is likely fetching him some money at least to sustain with their family. But to starting earning a living with sport betting, just as I said, it requires a commitment to be able to start earning. You can't just bet with any team without you knowing the both team past histories before placing bet, let say you had the funds already and you don't make your predictions very correct, don't you think is also a waste of resources? The probabilities of winning a game is the amount of efforts you put on analyzing their past histories would get you closer to a win.

Do you mean made money by opening a betting shop or made money by doing consistent betting, which is what I think that's what O.P is talking about? Because no doubt people have bought cars, built mansions by one lucky shot winning big, that is not always consistent. Because making a living on sport betting alone is something not that easy as loses is one thing that is inevitable, no matter how careful one may seems to bet his/her money with. Which is why just as earlier said that for you to make any decent amount on this it requires huge money while staking on small odds with very low risk

Possible if you have a lot of bankroll and bet on a lot of events every day. But if you are a sensible person, you wouldn't really choose to go the sports betting route in order to make a living. You will have to go and build businesses in order to make a steady stream of income for yourself. But of course, if you are a huge sports fan, you will opt to go and bet on sports in order to make money because it suits your passion and your interests. Though be ready for the possibilities because you might end up losing your money with just a couple of bad beats.

IMO, it's not necessary to start with a big bankroll, you can start with what you can afford to lose and if you are really good then eventually that money will increase over time. And as to when you should bet, betting every day is not necessary, all you need to maintain is you have more wins than your losses.

It is possible to do that, you just have to be mindful and cautious when doing it, I just know that you can pretty much make a living as long as you have a big bank roll and can manage your emotions with betting. I know someone who does it for a living and their whole family is like that. I'm not sure how they are handling the taxes with that or if they are even paying but that's just the way it is with gambling.

There's nothing bad in doing so as long as the person involved had considered the risk and disadvantages therein, this is something you gambles of that has no fix or guaranteed fix rate or pay date for you to make earnings and the risk is a bit high which means having a chance of winning continuously on a stretch is low, but few gamblers engage into this, they depends on sport betting to make their living and they are fine, what we will consider is the awaiting needs  and responsibilities on each gambler, some can mange to cope with that kind of lifestyle while some may not because they can't meet up with their bills.

Tons of gamblers make a huge profit with these kinds of games some of them already know and make an analysis came on their knowledge and experience, there are some people waiting for the peoples choice those base on the odds will give before the start of the game and there's some waiting for the calling of the fixed match came from their different sources, but still at the end of the day its all in the game performance of the players because this is a sports game anything can possible happen if there's a committed of mistakes after mistakes that makes the table turn.

This is correct and something I agree with. There are really persons who do make a living in sports betting.

Their capability can't be applied to all and that's the reality that anyone accepts.

Even though it's possible that a person can make a living out of sports betting, these people worked hard for it, and for others to become the same as them, they also need to undergo serious work in order to reach that stage.

Making a living in sports betting depends on the individual involved, the effort of the person and his or her luck, for example if you know more leagues that score multiple goals like for instance autria, US,Germany junior you can decide to play them on goals with little games boast the slip with you cash, in so doing you will definitely win but don't be tempted to go back with all your money because it is called betting no matter how good you are you most loose note most times your prediction doesn't determine the outcome of the game. If you win make sure you invest in other things that can generate an extra income for you.

Of course in gambling, we cannot put all our hopes on the bets that have been made. especially with all the money we have, it's too very risky. Gambling will always involve luck, but not always pure luck as you say. okay I agree, if it is a type of casino game. because every game, almost purely based on luck.
but not by the title of this thread, OP says, is it possible to make a living in sports betting.

I would answer yes, but sadly it's just not me. at least, in sports betting or for example football. The first thing to remember is that someone needs insight into football itself. everything, everything related to football and not just based on statistics. there are several people who are experts in the field of analysis, one of which is a football observer. he will know both teams who will play in depth. whether it's players, patterns, strategies, coaches, styles, everything he understands. so that every analysis, almost as close as he predicted. But to become an expert, it seems that it really requires a long process and certainly it's not easy.