Can we really make a living in sports betting?

[xSkylarx]

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.

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.

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.

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. 

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[TopTort777]

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.

[Cryptomiles1]

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.

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.

[CryptoHeadlineNews]

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.

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

[dothebeats]

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.

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.

[Maslate]

Possible if you have a lot of bankroll and bet on a lot of events every day.

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.

[crwth]

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.

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.

[Aanuoluwatofunmi]

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.

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.

[Peanutswar]

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.

[goinmerry]

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.

[minime0105]

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.

[rahmad2nd]

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.

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.