Make a Living Sports Betting?

[squatz1]

It could be possible for a short amount of time, but all good things come to an end and it will all come crashing down when you lose a big bet.


Good luck with this!

[bitbunnny]

Make living by sports betting? This is living on the edge, in contant danger of losing everything and it certainly can't last. On this way you can only live day by day and the question is for how long before everthing goes to wind.

[tyz]

I would not say I am a professional but I am betting on soccer matches from time to time. I have a lot of knowledge about European soccer. I must say, if you have a good money management then you can make at least 10-15% yearly.
So, I would say, it is possible to make a living with betting. The only prerequisite is a strong money management and good knowledge in the sports you bet for. Maybe we could exchange experiences. Let me know.

[Hellacopter]

I think it's really hard, or even impossible to make living with sports betting, because it's depending in luck and very risky method, there is no guaranteed earning, and there is a high risk of losing money.

[FrueGreads]

Hi!

I would like to know if it's possible to make a living betting in a sports e.g: a sports I manage and have knowledge about.

I have around 100k fiat in BTC to get as my bankroll.

What ROI can i expect yearly?
Any bankroll management tips?

Thanks

Hello Bizster, I would say you are on the right track since you are considering bankroll management, and that is in my opinion a key aspect in all gambling. I'm running a tipster competition in this forum, you probably seen our thread. If not here is the discussion thread link, and our leaderboard link:

Discussion thread: https://bitcointalk.org/index.php?topic=1256522
Leaderboard: https://directbet.eu/Competition.cshtml

For example there are some important rules that enforce bankroll management, like using a bet stake between 1% and 5% of your current bankroll.
That is a conservative approach, but I would suggest you start from there. You can see in our leaderbaord the ROI% of our participants. I can tell you that we usually have top3 players with a monthly ROI% slightly above 100%, which is very good in my opinion.

As for making a living from betting, I would say that is possible. I don't think any of our participants do it, but some are getting regularly on top7, and we are running this competition for 8 edition (each one has a month duration). You can check that in our hall of fame. So if some casual bettors can make around 100% ROI% a month, I think that if you get serious about it, you can probably make a living from it.

[Erza]

I would not say I am a professional but I am betting on soccer matches from time to time. I have a lot of knowledge about European soccer. I must say, if you have a good money management then you can make at least 10-15% yearly.
So, I would say, it is possible to make a living with betting. The only prerequisite is a strong money management and good knowledge in the sports you bet for. Maybe we could exchange experiences. Let me know.

May be if you are loving alone you might surive with this but I dont think that you can feed your family with just this kind of income because it is unstable though, although pro player will lose sometimes so it is hard to predict the outcome from gambling. And if you said to earn 10% per year how much is that? I am just wondering how much you can make per month

[Babayega31]

I would not say I am a professional but I am betting on soccer matches from time to time. I have a lot of knowledge about European soccer. I must say, if you have a good money management then you can make at least 10-15% yearly.
So, I would say, it is possible to make a living with betting. The only prerequisite is a strong money management and good knowledge in the sports you bet for. Maybe we could exchange experiences. Let me know.

May be if you are loving alone you might surive with this but I dont think that you can feed your family with just this kind of income because it is unstable though, although pro player will lose sometimes so it is hard to predict the outcome from gambling. And if you said to earn 10% per year how much is that? I am just wondering how much you can make per month

Nopw i think you cannot feed yourself either for just this sports betting tantrums because even though the team who you are betting are strong but their's still an instance for them to lose money if the luck will not on them in the time of play, thats why i really think its better that make it remain as just hobby so you wouldn't be broke if something bad losing streak will be happen.

[Zadicar]

I would not say I am a professional but I am betting on soccer matches from time to time. I have a lot of knowledge about European soccer. I must say, if you have a good money management then you can make at least 10-15% yearly.
So, I would say, it is possible to make a living with betting. The only prerequisite is a strong money management and good knowledge in the sports you bet for. Maybe we could exchange experiences. Let me know.

May be if you are loving alone you might surive with this but I dont think that you can feed your family with just this kind of income because it is unstable though, although pro player will lose sometimes so it is hard to predict the outcome from gambling. And if you said to earn 10% per year how much is that? I am just wondering how much you can make per month

Nopw i think you cannot feed yourself either for just this sports betting tantrums because even though the team who you are betting are strong but their's still an instance for them to lose money if the luck will not on them in the time of play, thats why i really think its better that make it remain as just hobby so you wouldn't be broke if something bad losing streak will be happen.

I agree , even if you bet on the best team on that certain game you would not guarantee  on win since theres still chance that they may lose on that game and you putted all your money on that team then you would really suffer  big loss.

[fullypak]

I would not say I am a professional but I am betting on soccer matches from time to time. I have a lot of knowledge about European soccer. I must say, if you have a good money management then you can make at least 10-15% yearly.
So, I would say, it is possible to make a living with betting. The only prerequisite is a strong money management and good knowledge in the sports you bet for. Maybe we could exchange experiences. Let me know.

If you want to live with 10 to 15% profit for one whole year means should have very big bankroll and that much amount using in betting is a very dangerous thing to do because there is not a guarantee of winning in sports betting. If one have such a big amount then can try to invest somewhere else to earn money with less risk of losing your capital. I don't think betting is not safe way to spend lot of money.

[Positid]

I would not say I am a professional but I am betting on soccer matches from time to time. I have a lot of knowledge about European soccer. I must say, if you have a good money management then you can make at least 10-15% yearly.
So, I would say, it is possible to make a living with betting. The only prerequisite is a strong money management and good knowledge in the sports you bet for. Maybe we could exchange experiences. Let me know.

If you want to live with 10 to 15% profit for one whole year means should have very big bankroll and that much amount using in betting is a very dangerous thing to do because there is not a guarantee of winning in sports betting. If one have such a big amount then can try to invest somewhere else to earn money with less risk of losing your capital. I don't think betting is not safe way to spend lot of money.

You would not feel the danger if you are gambling for the sole intention of making money because that is your thing. With that, you will surely treat gambling as like your business and you will do everything, starting from bankroll management and I am pretty sure you will instill discipline.

[trickshot22]

I've seen someone make a thread with the benefit over $3000, and he played in live bets, it is good if you have a strategy, but a small amount was not worth playing in live bets because it has low odds.

well it is a big winning but if you win it only once it is definitely not a living making, in my opinion sports betting will not make you rich and thats it

[trafficolaa]

I've seen someone make a thread with the benefit over $3000, and he played in live bets, it is good if you have a strategy, but a small amount was not worth playing in live bets because it has low odds.

well it is a big winning but if you win it only once it is definitely not a living making, in my opinion sports betting will not make you rich and thats it

Actually most of the people are more active with sports betting but not to get rich, in fact it has more better chance to get nice profit, so if anyone has very good knowledge definitely he can increase his winning chances though live betting option, good bankroll is also plus point for a person who has knowledge about sports betting.

[iram1011]

Hi!

I would like to know if it's possible to make a living betting in a sports e.g: a sports I manage and have knowledge about.

I have around 100k fiat in BTC to get as my bankroll.

What ROI can i expect yearly?
Any bankroll management tips?

Thanks

Yearly 7-21% of profit I think is a good ROI.
If you win more probably you risk more, and you are betting with an high bankroll, so you risk to loss all and be unemployed again.

[Indrawan77]

It is possible to make a living from sport betting if you really confident with your skill, sport betting is better than gambling, the risk of losing in sport betting can be decreased by analytic skill and experience, and you are going to need a bit of luck

[bitkilo]

I think you could probably do it but it would be a stressful life.
Growing up i had a friend who's dad was a professional gambler, mainly horse racing i think it was but they family seemed to be doing alright for themselves but i was too young to know what was really going on.

[Rubberduckie]

I found betting the same amount each game doesn't work for me.

I like to vary my bets but some people do better betting flat. Also
never chase if you lose a few in a row.

If your on a bad losing streak dial it back and play less until you get
out of your bad streak. Most people bet more when losing trying to get
it all back.

[Punggawa]

I've seen someone make a thread with the benefit over $3000, and he played in live bets, it is good if you have a strategy, but a small amount was not worth playing in live bets because it has low odds.

he's very lucky with the benefit over $3000 played on sport betting
but not everyone can do it. the same with me, I can't do that and I'm not sure to make a living on sport betting.

[ultrloa]

I've seen someone make a thread with the benefit over $3000, and he played in live bets, it is good if you have a strategy, but a small amount was not worth playing in live bets because it has low odds.

he's very lucky with the benefit over $3000 played on sport betting
but not everyone can do it. the same with me, I can't do that and I'm not sure to make a living on sport betting.

what a risk he is facing with that bet and provably he's nutts are sweating when the game is playing and luckily he won on that scene,

And same as you also i dont think i can do it either because i dont have huge confidence interms of betting high amount on just a single bet, i cant take to lose big amount in just single hours of play and he must be a very lucky man for winning 3000$ on that game while really in reality is very hard to reach.

[Hide_ip112]

I've seen someone make a thread with the benefit over $3000, and he played in live bets, it is good if you have a strategy, but a small amount was not worth playing in live bets because it has low odds.

he's very lucky with the benefit over $3000 played on sport betting
but not everyone can do it. the same with me, I can't do that and I'm not sure to make a living on sport betting.

what a risk he is facing with that bet and provably he's nutts are sweating when the game is playing and luckily he won on that scene,

And same as you also i dont think i can do it either because i dont have huge confidence interms of betting high amount on just a single bet, i cant take to lose big amount in just single hours of play and he must be a very lucky man for winning 3000$ on that game while really in reality is very hard to reach.

Better do gambling whether it's the type of game, using it in a simple manner and do not bet with large numbers. For all gambling was a matter of winning tau lose, if you can't guess the victory then better do a bet by the amount of the standard, so that the loss you experienced is not too high and not make you frustrated or stressed

[roadbits]

It is possible to make a living from sport betting if you really confident with your skill, sport betting is better than gambling, the risk of losing in sport betting can be decreased by analytic skill and experience, and you are going to need a bit of luck

Yup, I agree with this, In sports betting, we can earn some money, and also it is better than gambling. But only skills and knowledge on sports do not work now, we need some luck also, Yes in all format of the match we see match fixing, so in this time our guess will not work. And some wrong time suddenly we will get an unexpected result. So if luck is there, we can able to make money.