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Author Topic: Can we really make a living in sports betting?  (Read 755 times)
NicNacCoin
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January 10, 2023, 07:38:40 PM
 #41

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.
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.

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January 10, 2023, 07:47:03 PM
 #42

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 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.

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January 10, 2023, 08:02:53 PM
 #43

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.
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January 10, 2023, 08:19:17 PM
 #44

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.

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January 10, 2023, 08:23:23 PM
 #45

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?

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.

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January 10, 2023, 08:25:51 PM
 #46

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?
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.









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January 10, 2023, 08:43:32 PM
 #47

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?

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.

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.

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January 10, 2023, 08:43:43 PM
 #48

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.

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January 10, 2023, 08:46:05 PM
 #49

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.
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January 10, 2023, 08:49:26 PM
 #50

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.

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.

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January 10, 2023, 08:54:49 PM
 #51

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.
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January 10, 2023, 08:57:00 PM
 #52

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 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.

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January 10, 2023, 08:57:35 PM
 #53

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.

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January 10, 2023, 09:02:05 PM
 #54

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?
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.

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January 10, 2023, 09:04:19 PM
 #55

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.
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.

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January 10, 2023, 09:13:43 PM
 #56

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.
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.
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January 10, 2023, 09:28:07 PM
 #57

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?

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.

R


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January 10, 2023, 09:45:20 PM
 #58

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.

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January 10, 2023, 09:49:21 PM
 #59

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.

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.
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January 10, 2023, 09:59:27 PM
 #60

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.

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.
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