What's the *easiest* profitable betting strategy?

[bering]

The easiest strategy on gambling probably use martingale to playing dice because this is pretty easy to do so that everytime you lost then you can raise up the bets but unfortunately this is not long term strategy because i'm sure most of gamblers has been done use this atrategy and majority lost with deep pocket

[arco-yabamba]

The easiest strategy on gambling probably use martingale to playing dice because this is pretty easy to do so that everytime you lost then you can raise up the bets but unfortunately this is not long term strategy because i'm sure most of gamblers has been done use this atrategy and majority lost with deep pocket

yeh, martingale has been mentioned already. I really don't like calling it a *profitable* betting strategy cos you will always hit sportsbook/casino limits on the inevitable bad run... but we can put in for now.

#6: Martingale "strategy"

[Indamuck]

The only real way to gain a edge over the casino is card counting on blackjack.  But today it is very difficult and any sign of you doing it and casinos will ban you from playing.  It was a lot easier back in the old days when they only used one or two decks for blackjack but then they moved over to multiple decks.

[arco-yabamba]

The only real way to gain a edge over the casino is card counting on blackjack.  But today it is very difficult and any sign of you doing it and casinos will ban you from playing.  It was a lot easier back in the old days when they only used one or two decks for blackjack but then they moved over to multiple decks.

Interesting call!
Never an easy strategy, not even back in the days.. and a good way to end up with some mob heavies putting a hammer to your appendages.
And not possible online.

[rodel caling]

There's another thread here asking "Whats best strategy to make easy money?"
https://bitcointalk.org/index.php?topic=5104674.0

Cool to see that most replies in that thread are honest and helpful - there *is* no easy way of making money.

But I was thinking it could be interesting to ask:
What are the *easiest* or *most popular* ways of making a profit using gambling and betting sites?

I will start with a first answer:

Matched Betting (Bonus Arbitrage)
http://sportsarbitrageguide.com/blog/tag/bonus-arbitrage/

I think quite a lot of people do this - it is a pretty simple algorithm/process to follow. But the margins are small, and the time required to actually do it profitably is off-putting for many. Plus the operators are getting cleverer at stopping this. But still, it doesn't require too much skill (or?) so I would class it as one of the "easiest" ways to make profits through gambling.

Any others that are easier or more popular?

the way of following some good strategy is always very important to be a gambler for long time because if you don't have any other strategy while gambling it will not work in all time so following good strategies always best for without having any technique.

Techniques and strategy with combination of luck in gambling is the most helpup to get win because with out harder to get win even if the gamblers full of skilled and techniques.

[Siren]

Betting to earn rewards from promotions and contests is one of the best way to make a profit. In one gambling site i've lost nearly 0.05 BTC and withdrawed 0.2 BTC from doing promotions. Sometimes you have to be careful because there are promotions that aren't profitable.
.

What do you mean by Betting to earn rewards from promotions and contest?can you share some sites that offers such?i guess i will be more interested on this kind than just bet in usual way since i have rested from gambling for a while.and it looks like you earn more than what you have lost.

Another thing i guess that theres no easy straegy in gambling for this needs luck to get goood profits

[maydna]

I will consider the easiest betting strategy that will work is we don't use any strategy, but we have luck, so we do not depend on any strategy to win. Besides that, no easiest profitable betting strategy will works unless you are lucky. But perhaps, in sports betting, we can make the easiest strategy to win especially if we know better the team. So I think you don't need to use any strategy to win the game, but you must have luck as that is the important thing in the gambling games.

I hear what you're saying, but I don't think "luck" can count as a strategy! 

Yes, luck cannot count as a strategy, but as long as we have luck, we don't have to use strategy. Like I said before, I think you should try sports betting because you have a chance to win especially if you have much information about the game. But I don't think there is any easiest profitable betting strategy you can use because all games, including sports betting, needs luck inside the game so we can win those game.

[arco-yabamba]

Yes, luck cannot count as a strategy, but as long as we have luck, we don't have to use strategy. Like I said before, I think you should try sports betting because you have a chance to win especially if you have much information about the game. But I don't think there is any easiest profitable betting strategy you can use because all games, including sports betting, needs luck inside the game so we can win those game.

I disagree. There are many people (but still, less than 1% of all bettors) who make money from sports betting, year after year. This is not because of luck.

[crzy]

I will consider the easiest betting strategy that will work is we don't use any strategy, but we have luck, so we do not depend on any strategy to win. Besides that, no easiest profitable betting strategy will works unless you are lucky. But perhaps, in sports betting, we can make the easiest strategy to win especially if we know better the team. So I think you don't need to use any strategy to win the game, but you must have luck as that is the important thing in the gambling games.

I hear what you're saying, but I don't think "luck" can count as a strategy! 

Strategies will work always on betting but of course luck will also be there. I don’t think strategies in gambling can make easy money for you because its a pure luck when you are playing. If you want an easy money then do gamble everything you have so your chance of getting profit is high.

[arco-yabamba]

I will consider the easiest betting strategy that will work is we don't use any strategy, but we have luck, so we do not depend on any strategy to win. Besides that, no easiest profitable betting strategy will works unless you are lucky. But perhaps, in sports betting, we can make the easiest strategy to win especially if we know better the team. So I think you don't need to use any strategy to win the game, but you must have luck as that is the important thing in the gambling games.

I hear what you're saying, but I don't think "luck" can count as a strategy! 

Strategies will work always on betting but of course luck will also be there. I don’t think strategies in gambling can make easy money for you because its a pure luck when you are playing. If you want an easy money then do gamble everything you have so your chance of getting profit is high.

This thread is not about *easy* ways to be profitable in gambling. I think we all agree there is no easy long-term profit.

Instead, it was a light-hearted attempt to find the *easiest* profitable betting strategies.. (but still not 'easy'... probably 'hard' in fact!).

[goaldigger]

There's another thread here asking "Whats best strategy to make easy money?"
https://bitcointalk.org/index.php?topic=5104674.0

Cool to see that most replies in that thread are honest and helpful - there *is* no easy way of making money.

But I was thinking it could be interesting to ask:
What are the *easiest* or *most popular* ways of making a profit using gambling and betting sites?

I will start with a first answer:

Matched Betting (Bonus Arbitrage)
http://sportsarbitrageguide.com/blog/tag/bonus-arbitrage/

I think quite a lot of people do this - it is a pretty simple algorithm/process to follow. But the margins are small, and the time required to actually do it profitably is off-putting for many. Plus the operators are getting cleverer at stopping this. But still, it doesn't require too much skill (or?) so I would class it as one of the "easiest" ways to make profits through gambling.

Any others that are easier or more popular?

Every one of us has this personalize techniques that only fits us. For example, i am comfortable with a strategy where i save some in every win so that i can take home more even i already lose. This isnt easy for every one because they cannot control themselves and as long as the have money on their pocket, they cannot be stopped.

[detector]

Every strategy will eventually loss because there is such effective strategy for gambling.
You can win big IF your guts meet luck at perfect time.

For example : I'm gamble 0.01 using 0.01% winning chance !

[bitgolden]

The easiest strategy on gambling probably use martingale to playing dice because this is pretty easy to do so that everytime you lost then you can raise up the bets but unfortunately this is not long term strategy because i'm sure most of gamblers has been done use this atrategy and majority lost with deep pocket

I believe gamblers from this community will no more consider martingale strategy as a strategy for their gambling. I mean to say martingale strategy has been cracked down some long time back itself and we should not consider it anymore as a strategy to try with our gambling. It is complete waste of time and energy along with losing our hard earned money.

Every strategy will eventually loss because there is such effective strategy for gambling.

Yes, the profitable betting strategy must be "staying away from gambling". Because, if you're not losing then that must be a biggest day in your gambling life. So, think about not even going for gambling so that you will not need to face any losses to make your perfect day of gambling .

[cryptossi]

Arbitrage might be the easiest in a sense as you can see the returns that are available to you. The only thing is the margins can be tiny sometimes and you need to execute the bets quickly to maximise profits. Also, betting companies pick up on this rather quickly and they can ban you if they spot suspicious activity on your account.

Yes, that's a good point - the fact that you can quantify your edge (almost 'visualize' your profit) can help to make this profit strategy very transparent for the user.. which might make it 'easier' for many. But it has never been an option that has been interesting for me personally. I really like the 'romantic' idea of getting an edge using my better understanding of markets or sports.

I would like to suggest profit strategy #4: Trading on betting exchanges
This is when you make a bet in the expectation that the price will move and allow you to make the opposite bet ("lay" bet) at a good price. These two opposite bets, if made at the correct prices, lock in a risk-free profit, regardless of end result. It is easiest to do this on a betting exchange like Betfair where you can back and lay. But you *can* also do it on a sportsbook, most easily in markets where there are only two results possible. But really you need a proper betting exchange.

Anyway, it is a bit like day trading on stock markets - you are betting on the market movement, not the underlying fundamental. Not easy though!

This is a good link to explain more, on Betfair's own website:
https://betting.betfair.com/betfair-announcements/betting-apps/exchange-trading-for-beginners-290116-710.html

With the help of welcome offers (free bets) on different betting websites, combined with the 'lay' option (shorting) on the Betfair exchange, some users can make a lot of money. There are quite a few services you can use that find the best odds to make the greatest returns.

[arco-yabamba]

With the help of welcome offers (free bets) on different betting websites, combined with the 'lay' option (shorting) on the Betfair exchange, some users can make a lot of money. There are quite a few services you can use that find the best odds to make the greatest returns.

Yes, that's actually a form of Matched Betting or Bonus Arbitrage that you describe, That was my strategy #1 (see OP). Betfair's 'Lay' betting can definitely help with that strategy cos it helps you take the other side of the bonus bet (with a separate sportsbook) much more easily. Do you use Betfair at all cryptossi, or another betting exchange? I have used Betfair a lot in the past, mostly for soccer, but it's tough.... lots of smart money in those big markets...

[Japinat]

Every strategy will eventually loss because there is such effective strategy for gambling.
You can win big IF your guts meet luck at perfect time.

For example : I'm gamble 0.01 using 0.01% winning chance !

Not generally, there are games that has no house edge, sports betting is one of them.
With your ability to cap games, you'll be profitable in the long run, as long as you know how to do proper bankroll management too.
No one can beat the house, that's only true on games like dice where there is an edge but on skilled based gambling, it's not applicable.

[NavI_027]

No one can beat the house, that's only true on games like dice where there is an edge but on skilled based gambling, it's not applicable.

I agree, that's why I don't want to engage with dice games and the alike because I knew that it would be hard to. If we will permutate there are so many combinations possible thus having a small chance to win.

Another tip, prefer games where the fortune is in your hands like poker. You can earn bigger here (if you are only good of course) because you would be the one who control thr flow of your cards.

[Lucius]

Many says the same thing and in my neighbour lotto coffee shops I have seen people there from morning to evening reading and analysing everything about the event they would bet on.

The result? Those persons are now broke , divorced from their wives and are miserable right now. What I want to say is that a strategy can only work for a very short amount of time and not in a continuous way.

These people do not really do any serious analysis of sports events, this is not something what's you should do in the coffee shop by drinking and smoking all day. I agree that such people do not have a great chance of winning, if we compare them with serious players.

Serious player is person who have money, knowledge, and determination to succeed in something - and if you have all that, still you need a plan how to play/invest. For example if player bank is 1000$ ( it can be 100$), simply strategy for me would be to bet 100$ per ticket, max 3 events with odd around 10.00.

The reason for this is very simple - you have 10 tickets to play, and on each ticket you can get 1000$ of profit. So if you lose 9 time in the row (900$), and win with last ticket, you will get your bank back.

I try this method many times, and worst result was 3/10 won ticket, and best result was 8/10 won ticket.

In conclusion, if you are not capable to win once in 10 times, then it is better to leave betting.

[Caladonian]

No one can beat the house, that's only true on games like dice where there is an edge but on skilled based gambling, it's not applicable.

I agree, that's why I don't want to engage with dice games and the alike because I knew that it would be hard to. If we will permutate there are so many combinations possible thus having a small chance to win.

Another tip, prefer games where the fortune is in your hands like poker. You can earn bigger here (if you are only good of course) because you would be the one who control thr flow of your cards.

Agree, with games that you can assess and have a better chance of winning, same like with sports gambling where your knowledge about the type of games will give you some comfort while choosing the winning team of your pick, though still luck  will bring you the winning bets, but much better
understanding of the following sets of events will give you much easier job.

[shoreno]

No one can beat the house, that's only true on games like dice where there is an edge but on skilled based gambling, it's not applicable.

I agree, that's why I don't want to engage with dice games and the alike because I knew that it would be hard to. If we will permutate there are so many combinations possible thus having a small chance to win.

Another tip, prefer games where the fortune is in your hands like poker. You can earn bigger here (if you are only good of course) because you would be the one who control thr flow of your cards.

Dice are actually more easier than any other luck based gambling games because you can set your winning chance at a higher percent though it can lessen your payout a little bit  .

The winning amount doesnt also based on the games you play but it depend on the capital or to the bet that you will put  .

@op , no theres no easy profitable strategy because all of them are the same . you can loose or win depending on how lucky you are