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Author Topic: How to be profitable in sports betting?  (Read 1156 times)
magneto
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October 11, 2019, 12:07:04 PM
 #21

The only two ways that you can be profitable in the long run with sports betting would be:

a) arbitrage betting, i.e. taking advantage of the differences in odds across platforms due to promo odds and/or information assymetry
b) having some sort of professional tipster which has a legitimate model that they go off of with a proven track record. Even if these boxes are ticked, this is highly risky.

If you're just an amateur with no experience, and betting on random moneyline - forget about it. Think of it as entertainment.

Arbitrage betting can also only be done on small volume bets. Anything larger you'll find it difficult to orchestrate. I think the opportunity cost of either of these strategies to make money off sports betting is simply not worth it. You might as well have some fun with sportsbetting instead, and focus on some other venture for profit.

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October 11, 2019, 12:16:24 PM
 #22

It depends on the type of sport you are betting on.
But on a general note, which ever sport you choose to bet on, you should be conversant with it and be up-to-date. From there, you can easily make prediction on where to place your money.

Though some people look up to paid agencies for prediction, if you want to follow this means, be sure that they have history in winnings before subscribing to them.
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October 11, 2019, 12:20:14 PM
 #23

A lot of us here love sports and we are betting at the same time.
I am not successful in this kind of venture but I would love to know from people here on what they do in order to win.
They say that sports betting has no house edge, but why is it it's still hard to win here?
IMO,sport betting is much easier to win compared to other form of gambling.

What we can do most is bet on the most strong team and for this we need quite a lot to know about the game we bet.

Sometimes go against the majority is also strategy to be followed for some games.

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October 11, 2019, 12:32:04 PM
 #24

They say that sports betting has no house edge, but why is it it's still hard to win here?

Because it is still a form of gambling so luck has a role in order to win even though the chance is higher. Unlike other types of gambling, in sports betting there are many factors that will help you to win like the popularity, their records or listen to some opinions of sports analyst.

The fact that it is gambling is the main reason that you won't earn money from it as much as you want.

Betting on sports does not have an house edge but I think the reason you are not winning is because you are betting on the wrong team. Sports betting is also gambling but what made it a little better from other gambling games is that you can monitor the teams performance and progress and if you will review there statistics then it will give you and idea which team has an edge over another. I know most bettors mostly bet on their favorite teams regardless of the performance or stats, so I guess that’s what made it difficult for some to win even in sports betting.
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October 11, 2019, 12:33:20 PM
 #25


even when there are tips and comparing both teams/players which are betting with the skills the athletes has, this is still a gamble and probable outcome. different sports has different probability. in MMA which i have tried several times betting for the topdog, i kept losing also because the underdog sometimes win the fight. i guess you gotta to be good at following athletes skills and health. analysis of both fighters and their records shows strengths and weakness but perhaps stroke of luck the underdog won.  if this is going to happen regularly, its not profitable for me.

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October 11, 2019, 12:37:41 PM
 #26

They say that sports betting has no house edge, but why is it it's still hard to win here?

Because it is still a form of gambling so luck has a role in order to win even though the chance is higher. Unlike other types of gambling, in sports betting there are many factors that will help you to win like the popularity, their records or listen to some opinions of sports analyst.

The fact that it is gambling is the main reason that you won't earn money from it as much as you want.

Betting on sports does not have an house edge but I think the reason you are not winning is because you are betting on the wrong team. Sports betting is also gambling but what made it a little better from other gambling games is that you can monitor the teams performance and progress and if you will review there statistics then it will give you and idea which team has an edge over another. I know most bettors mostly bet on their favorite teams regardless of the performance or stats, so I guess that’s what made it difficult for some to win even in sports betting.

Well, good point here mate but it also depends on the sports because there are some who bet on teams that has good performance but sometimes underdog wins. There are those times that the team you least expect to win will win. For me, it’s good to study the performance of the teams but sometimes luck is also a factor, sports betting is still considered gambling which meaning that you need both luck and history to win.

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October 11, 2019, 01:19:57 PM
 #27

A lot of us here love sports and we are betting at the same time.
I am not successful in this kind of venture but I would love to know from people here on what they do in order to win.
They say that sports betting has no house edge, but why is it it's still hard to win here?


Nothing easy in the gambling either in the sports betting or any kind of gambling, I suggest play gambling to enjoy it not as source of income and use your extra money to avoid misserable life because in the gambling luck is the best key to win.
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October 11, 2019, 01:33:16 PM
 #28

A lot of us here love sports and we are betting at the same time.
I am not successful in this kind of venture but I would love to know from people here on what they do in order to win.
They say that sports betting has no house edge, but why is it it's still hard to win here?
Very few matches can be predicted perfectly, because the odds will be having huge difference between the two teams. However we try hard to collect data, and select the odds it won't be a win. This is the reality with sports betting and other forms of gambling. To be profitable with sports betting it is good to go with the low odds suggested by the gambling website.

With sports betting, I prefer live betting because the match scenario changes every minute. According to the situation we can place the bet selecting the odds. This will increase the chance of winning than just placing the bets before the game begins.

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October 11, 2019, 01:57:28 PM
 #29

The best part from sport betting which is i liked to bets for this game is you can compare teams performance, strenght of teams and quality of players so at least you can predict who will win into money line option although sometimes the odds for particular teams will be so low caused they're the favourite to won the match but back again this is gambling when lucky involved and required to won the game
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October 11, 2019, 02:03:26 PM
 #30

A lot of us here love sports and we are betting at the same time.
I am not successful in this kind of venture but I would love to know from people here on what they do in order to win.
They say that sports betting has no house edge, but why is it it's still hard to win here?

Sportsbetting was hard to win if you don't haven't able to learn from a sports team that you're choosing to bet. Winning to this kind of sports gambling doesn't need successful people in order to play successfully, but first and foremost having fun with this betting site is a good place to have. Before giving a commitment to this gambling, learn something unique and efficient before making another try because there are no easy ways of winning even though it wasn't having a house edge.

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October 11, 2019, 02:08:18 PM
 #31

A lot of us here love sports and we are betting at the same time.
I am not successful in this kind of venture but I would love to know from people here on what they do in order to win.
They say that sports betting has no house edge, but why is it it's still hard to win here?
its difficult because gambling is gambling mate. wherein theres no kind of technique that can help you in order to win  . What i mean no matter what types of a gambling site it is ,,theres no way that there are some site that will give you a chance to win easily because it takes alot of efforts  to be honest .. And you can get big profits on it easily in my opinion unless if you are lucky enough.
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October 11, 2019, 02:23:10 PM
 #32

To be profitable in sports betting, you have to win the bets you stake on. There is no inside secret to go about winning your bets. Some believe it's a product of luck, others think it's analysis. I am of the opinion that it is a combination of both.

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October 11, 2019, 02:41:35 PM
 #33

To be profitable in sports betting, you have to win the bets you stake on. There is no inside secret to go about winning your bets. Some believe it's a product of luck, others think it's analysis. I am of the opinion that it is a combination of both.
It's true that for you to be able to win in a sports bet you should win the bets you stake on, that is why you should be good in picking teams or players for you to win. I think it is not that hard to win a sports bet, but i think the reason why people lose in a sports bet because they didn't make any analysis on two teams of the game on which team has a winning advantage and which does not, and sometimes the opponent team might experience an unexpected win that nakes them luck to win the certain game.

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October 11, 2019, 03:46:11 PM
 #34

It depends on the type of sport you are betting on.
But on a general note, which ever sport you choose to bet on, you should be conversant with it and be up-to-date. From there, you can easily make prediction on where to place your money.

Though some people look up to paid agencies for prediction, if you want to follow this means, be sure that they have history in winnings before subscribing to them.
Those people who offers paid service sometimes also provide some weeks or months of free subscriptions, you can enroll with it and try if how accurate they are from giving high chances service. Having another options while using your own understanding of the game will bring much higher chance of winning your bets.

Always think before doing anything, it's important that you have knowledge from any types of sports game to make sure that you understand risk and
chances that you have when placing your bets.
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October 11, 2019, 03:58:32 PM
 #35

Because despite the fact that you are still betting on it using your money, you can't really say that you will be able to win since it has a risk and having a risk means that you are gambling.

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October 11, 2019, 04:06:24 PM
 #36

A lot of us here love sports and we are betting at the same time.
I am not successful in this kind of venture but I would love to know from people here on what they do in order to win.
They say that sports betting has no house edge, but why is it it's still hard to win here?
Yes sir its true that its hard to win on betting. I think you need some luck for you to win. All gambling and betting are need luck if person have no luck expect thag he never win. But person have luck in one betting he gonna win.

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gabbie2010
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October 11, 2019, 04:11:52 PM
 #37

A lot of us here love sports and we are betting at the same time.
I am not successful in this kind of venture but I would love to know from people here on what they do in order to win.
They say that sports betting has no house edge, but why is it it's still hard to win here?
IMO,sport betting is much easier to win compared to other form of gambling.

What we can do most is bet on the most strong team and for this we need quite a lot to know about the game we bet.

Sometimes go against the majority is also strategy to be followed for some games.
In sport betting especially soccer bets as a good analyst and pundit a player can make consistent profits by studying and analyzing some sure games while accumulating the odds to give a higher profits, of course there are sure games especially when a big team is playing against a minor club the chances of winning the game is bright however the odd might be small thus to make enough profit accumulating those little odds adds up to more reasonable profits.
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October 11, 2019, 04:30:07 PM
 #38

A lot of us here love sports and we are betting at the same time.
I am not successful in this kind of venture but I would love to know from people here on what they do in order to win.
They say that sports betting has no house edge, but why is it it's still hard to win here?
IMO,sport betting is much easier to win compared to other form of gambling.

What we can do most is bet on the most strong team and for this we need quite a lot to know about the game we bet.

Sometimes go against the majority is also strategy to be followed for some games.
In sport betting especially soccer bets as a good analyst and pundit a player can make consistent profits by studying and analyzing some sure games while accumulating the odds to give a higher profits, of course there are sure games especially when a big team is playing against a minor club the chances of winning the game is bright however the odd might be small thus to make enough profit accumulating those little odds adds up to more reasonable profits.
In these kind of games you are not going to make much as winning rewards,so the game should be unpredictable for the adrenaline bump and also the huge rewards to be obtained. Cheesy

Slow death
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October 11, 2019, 04:32:30 PM
 #39

My friend you cannot expect to have regular income on gambling. It is a game of chance, luck and some needed analysis. You better gamble responsibly just for fun and do not have high expectations to profit.

I agree with some things you said, I am also new to this world of sports betting (I haven't made any bets yet, I'm studying everything to get a little knowledge before entering this world of sports betting)... but where you recommend that OP just use it for fun, I think if he tries hard and learns a lot, may be one day he can be a betting experts, as you said:

Take a look at this English Open in snooker moneyline. Both David Grace and Michael Georgiou are 50/50 according to betting experts.

This means that there are "betting experts" and If they are experts I imagine that they can live of bet. And as we all know, anyone can be an expert as long as they study hard




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iMark
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October 11, 2019, 04:44:35 PM
 #40

A lot of us here love sports and we are betting at the same time.
I am not successful in this kind of venture but I would love to know from people here on what they do in order to win.
They say that sports betting has no house edge, but why is it it's still hard to win here?
No house edge but luck is important, sometimes big teams can also be defeated by dark horses, like when City loses to wolves, so in sportsbetting you can't be guarantee you will always win, even if you choose a strong team. How to win in sports betting is not to choose the strongest team but the most ready to compete. You have to analyze the formation and the players who will play before the match, that's what you have to look at and analyze before choose to bet.
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