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Author Topic: Can we really make a living in sports betting?  (Read 755 times)
blockman
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January 10, 2023, 10:54:18 PM
 #61

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.
Yeah, you can't guarantee that you will win on a daily basis but if there are stories that have been made by actual people, gamblers in real life and it's their way of living, you'll get to see that it's the reality.

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.
That happens when the gambler is too irresponsible with the choice that they've made. Gambling is a choice and being addicted is also being out of control for which can't be stopped unless they become aware of what they're having.

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January 10, 2023, 11:06:03 PM
 #62

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.
There's still an association with luck but it's not wholly reliant on it if it's about poker. The more experience and skilled you are, the better chance of winning in the table there.

That's what I'm saying about those professional poker players, and not just as seen on the pokerstars but also in real life that are just playing it lowkey.

With your explanation in sports betting, it's also the same as poker if it's about the situation that you cannot control. I mean all games are like that.

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January 10, 2023, 11:17:22 PM
 #63

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?

In the first place, you won't encounter those stories you are referring to if the possibility to make a living in sports betting is just a hoax.

I doubt that those people who were able to achieve that status is lurking here in the forum.

My question is, does it really matter to know? What we should prioritize is to just keep our winning stats as consistent as possible. Who knows that someday, you will also reach that status where your capability is really can consider on a professional level.

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January 10, 2023, 11:24:23 PM
 #64

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?

In the first place, you won't encounter those stories you are referring to if the possibility to make a living in sports betting is just a hoax.

I doubt that those people who were able to achieve that status is lurking here in the forum.

My question is, does it really matter to know? What we should prioritize is to just keep our winning stats as consistent as possible. Who knows that someday, you will also reach that status where your capability is really can consider on a professional level.
Some are really just that curious if there are really ones who do make a living out of gambling or via sports betting which its true that there's no point on knowing or you are really just trying out to
make yourself believe that it could really happen but it is also bad that on the time comes where it would really be making it as an inspiration for you to gamble which it might really be causing
up some mistakes or errors that you might be making because you are really that desperate on reaching out that particular state or condition which is really that a bad idea.
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January 11, 2023, 12:01:43 AM
 #65


I'm not living with it but I know people, friends of friends that are really living through sports betting. With many sportsbook that have come into the market, they're not even in the forum.

But, they're making a lot of money through commissions not just from literally gambling alone but also by having referrals. So, that's two way for them.

You now have the idea that it's not only about gambling with your money but also by having people you attract to gamble for the casino you're affiliated.

It's important you made this point, and most people underestimate the fact that the players who claim to earn big through gambling make their money through referral links. I've seen multiple tweets of tickets with huge wins, which draws people closer to believing the account handler, and signing up with their referral codes. Most of the times they're only a few who are fully into gambling as a source of income. Though, it's not advisable to take such step as a person who is not financially stable, but an experienced person can venture into such business. The disadvantage is financial insecurity, they can go broke any moment, that's why its good for top earners to venture into gambling as a livelihood. Looking at Drake for instance, he is a world super star, yet he makes lots of profits through gambling locally and online. Even if, sometimes, he losses a good sum of money he'd gain it back through his music. Such practice from gamblers is better than taking only the gambling route as the only source of income.

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January 11, 2023, 12:02:37 AM
 #66

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.
Indeed, that would be a very unstable life to rely on gambling source of income for a living, especially when having wife and children to feed and raise. It's surprising, but there is actually some insane people who take those gambling streamers seriously and resign their daily jobs to adopt a similar lifestyle, expecting they will be able to live from income of sports bets and earn even more than they were earning on their previous daily jobs.

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January 11, 2023, 12:51:36 AM
 #67

Have seen post answering threads about their winning consecutively in gambling but did not come across in a thread created by legit Member of the forum telling stories that he is living and making their life luxury in sports betting.

but I also knew that with skills and knowledge? we can have big chances of winning in sports betting than Luck base gambling .

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January 11, 2023, 01:00:08 AM
 #68

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 am a sports gambler but not a real serious one.  I have heard this question being proposed to professional sports gamblers however, and I can say it's certainly not something for most people to try and obtain a living from.  The guy who went on a really long run on Jeopardy recently who was from Illinois is a professional sports gambler.  I remember him saying it's extremely stressful and there's many times where he loses crazy amounts of money. 

I think those whom are highly intelligent and highly proficient in math/charts things of that nature are the ones who could make this a possibility.

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January 11, 2023, 01:02:30 AM
 #69

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 am a sports gambler but not a real serious one.  I have heard this question being proposed to professional sports gamblers however, and I can say it's certainly not something for most people to try and obtain a living from.  The guy who went on a really long run on Jeopardy recently who was from Illinois is a professional sports gambler.  I remember him saying it's extremely stressful and there's many times where he loses crazy amounts of money. 

I think those whom are highly intelligent and highly proficient in math/charts things of that nature are the ones who could make this a possibility.

I think that is the keyword, others might be very serious in their gambling that it turns out to be their main source of income. Of course the odds are not in our favor, but there could be some who's willing to go that line and make a living and even profiting huge in sports betting.

Seen a lot of bets on hundreds and even thousands of dollars in some casino's that I played and I think this guy maybe is that one person who makes more money than having a regular job.

R


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January 11, 2023, 01:14:53 AM
 #70

.snip-

I am a sports gambler but not a real serious one.  I have heard this question being proposed to professional sports gamblers however, and I can say it's certainly not something for most people to try and obtain a living from.  The guy who went on a really long run on Jeopardy recently who was from Illinois is a professional sports gambler.  I remember him saying it's extremely stressful and there's many times where he loses crazy amounts of money. 

I think those whom are highly intelligent and highly proficient in math/charts things of that nature are the ones who could make this a possibility.

I have got this idea on my mind that people who "make a living" on sport betting are mostly people who have already their life set.
People who are already retired or with much money, enough  money not to work again and then they dedicate much of their spare time to learn and watch a sport.
They can lose sometimes and win other times, however, since they can spend all their time on sport betting, they accumulate experience, eventually start to get positive earnings out their big savings.

I am not sure if that perception is accurate, though. What do you think?

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January 11, 2023, 01:28:10 AM
 #71

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?
It's possible that there might be gamblers out there who are earning a living through sports betting because they're knowledgeable of what they are doing to possibly use it as their main source of income. However, even sports betting is not relying alone in luck (since knowledge and strategy are necessary in order win) still, it has risk because it's gambling.

Therefore, if you're a gambler, it's enough that you are somehow winning when you bet and not treating it as your source to make a living. Having another job that can give you a stable income is still much wiser since you're not depending on luck just like in gambling.

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January 11, 2023, 01:37:25 AM
 #72

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?
There might be some gamblers who do that.
In my case though, I don't. I bet daily but I don't think of it as my job, more like to increase the thrill of the game only.
The feeling of looking at your bets while watching the game gives an emotion that is unexplainable and I am always hungry for it.

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?
Sports betting is different, it relies on both luck and analysis. Some gamblers may just be lucky and make profits but some do analyze the game in an intense manner just to increase their chance to win the bet. But it doesn't mean it will always go the way they predicted it.
Making it a living will consume a lot of your time and that means some connections for instant updates about what might happen in the sports that he is betting with. i.e. player injuries

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January 11, 2023, 01:38:08 AM
 #73

I think there are people who are not working but who are also making good money from sports betting. But they are not literally making a living out of it. They're probably rich already or have big savings that they don't have to work anymore to support their family's needs. They just bet but even if they lose, they don't worry at all for their needs. They also win at times. So this is possible. But if you have got literally nothing, and you want to make a living out of sports betting, I don't think that's possible.
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January 11, 2023, 01:55:13 AM
 #74

I think there are people who are not working but who are also making good money from sports betting. But they are not literally making a living out of it. They're probably rich already or have big savings that they don't have to work anymore to support their family's needs. They just bet but even if they lose, they don't worry at all for their needs. They also win at times. So this is possible. But if you have got literally nothing, and you want to make a living out of sports betting, I don't think that's possible.
If someone already has a lot and has large savings, they may find it difficult to make a living from gambling because gambling is not a place to make money but to spend money.
In addition, the savings they have will soon run out if they only use them for gambling without any income.
They should change their thinking like that and move on to open a business first instead of wasting money on gambling that doesn't know how big the win rate is.
Sure they can win, but it won't be as often as they lose so if they can make money elsewhere and it's bigger than their gambling budget, they don't have to worry about losing.

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January 11, 2023, 02:25:09 AM
 #75

I think there are people who are not working but who are also making good money from sports betting. But they are not literally making a living out of it. They're probably rich already or have big savings that they don't have to work anymore to support their family's needs. They just bet but even if they lose, they don't worry at all for their needs. They also win at times. So this is possible. But if you have got literally nothing, and you want to make a living out of sports betting, I don't think that's possible.
Yes can believe in this , a friend of mine (that is a son of businessman) is really doing good in sports betting but he is already a rich boy that only use the winning for his luxurious living.

but there are some accounts here in forum that I have been watching for years and really winning good , but I don't know if how much are they losing also and if they are treating sports betting as means of living .

it will be more interesting if there will be someone proving this take effect.

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January 11, 2023, 03:16:44 AM
 #76

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?
It is possible but it is not easy at all, now I am not an expert on the topic but this is in fact possible due to the lack of skill of the general public and a process called balancing the books, in theory a sportbook would like to earn the same amount of money in a single event regardless of who won, however sometimes there is a team or player that is so favored by the general public that if such a team or player were to lose the casino would lose money.

And in an effort to bring more people to bet on the other side the sportbook offers better odds for it and worse odds for the favorite, this is called balancing the books, but in this process smart bettors can get very good odds for their bets, win more often and more money as well, but doing this as you can guess requires a great deal of knowledge about a sport and the odds as well.
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January 11, 2023, 04:23:44 AM
 #77

Have seen post answering threads about their winning consecutively in gambling but did not come across in a thread created by legit Member of the forum telling stories that he is living and making their life luxury in sports betting.

but I also knew that with skills and knowledge? we can have big chances of winning in sports betting than Luck base gambling .
Yes, I have also seen several posts about the wins experienced by some gamblers in this forum and did not find them telling or showing the wealth from the betting results.
However, there have been many who have indeed been able to change their lives from betting or gambling that I encountered in the environment where I live.
I think if members of this forum manage to make a living from betting but they don't want to publish, I can understand their thoughts. his predictions and this can make a gambler feel uncomfortable with questions about the predictions he makes.

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January 11, 2023, 05:14:35 AM
 #78

-snip-
Yes, I have also seen several posts about the wins experienced by some gamblers in this forum and did not find them telling or showing the wealth from the betting results.
However, there have been many who have indeed been able to change their lives from betting or gambling that I encountered in the environment where I live.
I think if members of this forum manage to make a living from betting but they don't want to publish, I can understand their thoughts. his predictions and this can make a gambler feel uncomfortable with questions about the predictions he makes.
Agreed, to some people, it has a psychological effect. I've once read that sharing stories about your success makes them less achievable.

You can find people sharing their winning bets but finding people who make a living out of sports betting won't be as easy as 1, 2, 3. People like them prefer to mind their own business and just focus on betting. Same thing with dice or slot players.
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January 11, 2023, 05:15:03 AM
 #79

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 have already been given good advice, the only thing I would like to add is that probably the people you see on Youtube or similar promoting this, make more money with the channel than with sports betting. It's like with people selling get rich courses, many make more from the course than from their other sources of income.

As for the rest, you have already been told, but it requires perseverance, effort, etc. Apart from the fact that it is more difficult nowadays than it was years ago, but it can be done.

And if you are going to try it, don't forget to control the psychological aspect. Even if you are good and put in the time and effort, you will always have a string of negative results, and for that you have to have a good bankroll and a very good mindset.

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January 11, 2023, 06:52:47 AM
 #80

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?

It could be possible, but you need a lot more time and risk appetite to do that.
You need time to study the teams/players and match up winning percentage for each and every team/player in that particular sport. Generally, you need to study everything about that sport to place a good bet effectively.
That means, you gotta give up more of your time so you can focus on gambling, you might end up quitting your job to stay focused.
But, I would never personally try it, the possibility of you getting broke is at a highest risk.
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