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Author Topic: Can we really make a living in sports betting?  (Read 755 times)
Fivestar4everMVP
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January 11, 2023, 07:11:58 AM
 #81


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 think you are misunderstanding something here -- "casinos always win because they have the advantage" is when it has to do with games like Dice, Blackjack, Keno, Crash etc ,and other in-house games, this believe is not actually valid with sports betting, sports betting is a worldwide game where result is visible to everybody, there are no ways for casinos to cheat gamblers here except the casino are managed by scammers.

In games like Dice and the like, the gambler is solely dependent on luck win, and whether this gambler gets lucky depends on the casino's algorithm or game provider, but in sports betting, the gambler is not on dependent on luck, but he or she is also have a knowledge advantage, this means that if the gambler is really knowledgeable about the game and the players and can all the time, correctly predict which team would win, it is very possible for such a gambler to make a living off betting. 

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January 11, 2023, 07:17:37 AM
 #82

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.

I know someone that did this full time, this person has been gambling from when I knew him up till this day. We were college mates, this person used sport betting to handle all his college expenses back then and up till this day he's still very active in on the gambling business although he has other job now that he used to take care of others bills.

Currently him betting is just a way to support himself but before now he relyed fully on just betting. I knew this because I was with him like most times although we weren't best friends but just friends. He didn't have a hide time since he was very good with his predictions and sometimes we copy his bet and win too.



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January 11, 2023, 07:40:27 AM
 #83

although some may do. but it is highly not recommended. Sports betting is just like playing craps or slots in a casino. although you can analyze the teams competing, the reality is that more matches don't match what we are betting on.
sports betting would be better for other pursuits just for fun. twist-money just to play in gambling. think of meeting our needs, it would be quite difficult. no one will ever know when he will win or lose. or how much they will win or how much money they will spend.

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January 11, 2023, 07:41:58 AM
 #84

I think any users that say they're make a living in sports betting is complete bullshit because they're still wear the paid signature lol, if you've make money through betting, why you need to spend time in this forum for posting? Posting in this forum is require a lot time since you need to read the whole posts and post on topic, but the weekly payout is small compare to your winning in sports betting.



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January 11, 2023, 07:50:10 AM
 #85

I think any users that say they're make a living in sports betting is complete bullshit because they're still wear the paid signature lol, if you've make money through betting, why you need to spend time in this forum for posting? Posting in this forum is require a lot time since you need to read the whole posts and post on topic, but the weekly payout is small compare to your winning in sports betting.

I don't think anyone here has said explicitly that they are living from sport betting and winning a lot of money.I agree with you that is extremely difficult to make a living out of gambling no matter how good you may be at it,it is still luck that determines the outcome.

As I said in my first reply here in this thread I am trying my experiment,deposited some 0.14 Litecoin and will play a single bet daily most likely both teams to score with 0.02 Litecoin as a wager and see how it goes for this week.For today I choose Ligue 1 in France,the game of Lens and Lens draw no bet at 1.44 odd.

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January 11, 2023, 08:09:47 AM
 #86

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.

I know someone that did this full time, this person has been gambling from when I knew him up till this day. We were college mates, this person used sport betting to handle all his college expenses back then and up till this day he's still very active in on the gambling business although he has other job now that he used to take care of others bills.

Currently him betting is just a way to support himself but before now he relyed fully on just betting. I knew this because I was with him like most times although we weren't best friends but just friends. He didn't have a hide time since he was very good with his predictions and sometimes we copy his bet and win too.
I think its very possible to use betting to support your bank account. I mean if you have other ways to generate income its very likely you can reach profitable point at betting so it can feel like secondary wage. I know a colleague who literally bet twice every week. His income through sports betting reached a point where its nearly more than half of its wage. But making a living through sports betting is very risky and I don't think a lot of people try it.
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January 11, 2023, 08:26:20 AM
 #87

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 more inclined to multiply my crypto money in sports betting not to make a living , because i work to make a living for myself and my family, usually i just use cold money or bonus money from my salary to buy crypto and bet on sports betting for doubling it as an investment is nothing more than that, even though it will eventually be sold when the crypto price is high

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January 11, 2023, 08:45:56 AM
 #88

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?

There is a difference between sports betting and casino games, in the casino all the games are designed with a house edge. Which means that the chances for the casino to win is higher than our chances. With that the casino ensures to be profitable long term as the more people gamble the more closely will the profit be to the expected values of the games. In sports betting we are placing bets against our people, the bookmaker takes a fee for each bet but he doesn't care much which team is going to win or lose. The bookmaker wants as many people to place bets as possible. So far I haven't met anybody who is making a living out of sports betting. Some friends of mine have been very successful with sports betting in the past and made a nice profit, but none of them would consider making it their career. Having a normal job guarantees we are getting paid every month our fixed salary, with gambling and sports betting our income will fluctuate a lot. In my opinion we need to have another form of income that at least lets us cover our fixed monthly costs, and use sports betting or gambling as a side business for making additional money.
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January 11, 2023, 09:06:04 AM
 #89

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.

I know someone that did this full time, this person has been gambling from when I knew him up till this day. We were college mates, this person used sport betting to handle all his college expenses back then and up till this day he's still very active in on the gambling business although he has other job now that he used to take care of others bills.

Currently him betting is just a way to support himself but before now he relyed fully on just betting. I knew this because I was with him like most times although we weren't best friends but just friends. He didn't have a hide time since he was very good with his predictions and sometimes we copy his bet and win too.
Your friend is truly a lucky man to be able to make money on sports betting and has been doing it ever since. Only a few people can do like your friend because most will experience many losses, making it unfit to do it continuously.

But your friend can do it and he also allows you and other friends to win. But he didn't have to do it all his life; luckily, he now has another job that can provide him with income. Maybe he also felt gambling was not a good way to make money.

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January 11, 2023, 09:08:05 AM
 #90

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?
Do not be inspired, rely on other things, not gambling. If you want to gambling responsibly, use the amount of money you can afford to lose and the amount shluld not be above it.
I'm not saying I'll fully focus on gambling to make money, still it's good to have a job or business as it's less risky.
However, if the time comes that I will find the formula to win consistently, I think sports betting should be my focus as there's no limit on how much I'll make it here, and it's also very easy, it does not need a lot of time or will pressure me.

Imagine, having a vacation with your family and you just need to spend some hours to put a bet, afterwards, you'll calsh out. easy, right?

If you want to be gambling for a living, you will use more amount, remember that as you can win you can lose, but you have more chance to lose, it is called house hedge.


I'm okay with starting all, everyone starts with a humble beginning.  Smiley

R


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January 11, 2023, 09:11:46 AM
 #91

I'm not sure if there's anyone here who makes a living from sports betting. But I'd like to see if there are any, and I'd like to share with you a documentary I saw about a sports bettor king in New York. He hasn't shared any input on his strategy, but he is definitely rich and makes a living off of it. He just shared that his first bet was $3,000 and he turned it into $30,000 So he told himself that he could really make money from it. He only gave one piece of advice: bet big because the reward is high, but so is the risk. 
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January 11, 2023, 09:19:28 AM
 #92

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?

this is a forum where if you take a few hours and read all the posts in the gambling section mainly in the soccer or NBA or UFC threads you will notice that nobody posts how much money they are betting, how much money they lost on a certain bet and the reason for the bets. people don't post the money they bet and because they bet with little money and with so little money they feel ashamed and for that reason they don't post values

so let's think, if people bet with little money, then they don't live from gambling, even people on youtube who consider themselves guro don't make money from gambling, they make money from videos on youtube and books they keep writing, and also earn money with telegram channel

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?

there are few people who win a lot of money in gambling, but when these people win a lot of money they stop playing with high amounts of money. there is a big difference between

1 - have fixed income or constant profit with casinos
2 - win a lot of money at the casino once and then support yourself with that money for many years

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January 11, 2023, 02:30:00 PM
 #93

I think its very possible to use betting to support your bank account. I mean if you have other ways to generate income its very likely you can reach profitable point at betting so it can feel like secondary wage. I know a colleague who literally bet twice every week. His income through sports betting reached a point where its nearly more than half of its wage. But making a living through sports betting is very risky and I don't think a lot of people try it.

At the very least, one should be an expert in the field. really know the ins and outs of sports, even as detailed as possible. for example in the type of sport of football, like observers who are experts in their assessment of a team that will compete. whether it's from the coach, the players, the formation, the pattern of play, whatever it is, all of which become a reference in an assessment.

I have a reference to one of the observers in my country, the analysis is really cool. whether it's reviewing the coach, players, patterns and strategies. he can analyze it in depth. In fact, he even admitted that he once made a living from betting on football and it worked for him which eventually led him to become famous as a commentator on a football event.

So, what each of us are telling here is that there are actually people who do make a living from sports betting. but, not everyone is able to do it. because to become an expert, it takes a lot of knowledge related to everything in the world of sports. at least, it requires high knowledge and insight and love for sports and not everyone is able to do it. apart from it all. in football betting, all we can do is analyze it to reduce the potential for defeat and increase the chances of victory. but one thing is for sure, we will know the result after the match starts until one of the teams wins the battle.

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January 11, 2023, 03:51:12 PM
 #94

I'm not sure if there's anyone here who makes a living from sports betting. But I'd like to see if there are any, and I'd like to share with you a documentary I saw about a sports bettor king in New York. He hasn't shared any input on his strategy, but he is definitely rich and makes a living off of it. He just shared that his first bet was $3,000 and he turned it into $30,000 So he told himself that he could make money from it. He only gave one piece of advice: bet big because the reward is high, but so is the risk. 

It is true that the higher the risk that we could take the higher the rewards that we could gain but that doesn't always work for everyone, especially for small-time bettors who only have limited allocation for gambling. There are really lucky gamblers who can generate huge profits through sports betting. They are the gamblers who can deal with all the possible risks but if you are talking about sports betting as a primary source of income, it isn't always idealistic. You could have it as a side hustle but not a source of living.
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January 11, 2023, 03:57:47 PM
 #95

It is true that the higher the risk that we could take the higher the rewards that we could gain but that doesn't always work for everyone, especially for small-time bettors who only have limited allocation for gambling. There are really lucky gamblers who can generate huge profits through sports betting. They are the gamblers who can deal with all the possible risks but if you are talking about sports betting as a primary source of income, it isn't always idealistic. You could have it as a side hustle but not a source of living.
Sports betting is not advisable that one use it as a source of income, but can be associated when one is less busy or during the weekends, one of the best time to place bets. Gambling have it's advantages and disadvantages, left for one to know what's good for him or her. Gambling id a form of addiction when you keep placing bet and it's getting cuts of slip, I often place bets on games knowing fully well that gambling is not my thing. I've seen many gamblers that are good with matches statistics and still yet, end up losing, so it's either luck by guessing which team wins or following top football prediction groups that gives almost average scores of games.

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January 11, 2023, 04:35:30 PM
 #96


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.
Yeah, and that's why those that are thinking that it's only about being the gambler alone, there are some ways that they can do while being the gambler themselves.

With the numbers that I've seen, I think the highest that I've seen last year was $10k and yeah that's all just casino referrals and commissions and I can imagine how happy they are with that profit in a year by just having the commissions alone.

.
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January 11, 2023, 06:17:16 PM
 #97

-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.
Gamblers who have other businesses outside and they still bet, we can conclude that they gamble just for fun hoping for a win, but not entirely expecting a big profit from betting.
Very different from a gambler who really spends their life in the world of gambling and of course they only rely on money from playing and betting.
This thinking is usually only owned by a few people and even then they are supported by the skills and analysis strategies of gambling games that are already experts.

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January 11, 2023, 06:37:45 PM
 #98

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?
For you me i can’t make much profit on sports betting and i never had like a crazy win that would cover my losses in betting, i bet for fun and for my favorite team but not with large amounts of money. But i must say that it’s really possible for someone to make a living over sports betting if that person is very familiar with specific sport and has interest in that he will follow a team or a player very well that he will guess the correct score and bet most of the time and can be profitable after every end of month. But he should have a great amount of money to start with and high risk of losing over time.
And for the casino always win i think sports betting is a bit different even that yes the casino wins but less than games. And also the quote is for like 90-95% of people and the small rest of people are winning

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January 11, 2023, 06:48:30 PM
Merited by LUCKMCFLY (1)
 #99

You can make a living but you have to be very careful not to end up totally rekt. The best advice is to always only gamble with amounts that you can afford to lose. It should be fun, the moment it stops becoming fun is when you have a problem.

There are people who make a living in sports gambling but don’t assume you can also do that unless you have real expertise & thorough knowledge in multiple sports. You also need a strong resolve, don’t have any emotions in your gambling patterns & don’t chase losses.

As I said before though, it’s best to gamble as a hobby with no pressure, using smaller amounts.

The best site for sports gambling with crypto is www.sportsbet.io
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January 11, 2023, 06:58:35 PM
 #100

You can make a living but you have to be very careful not to end up totally rekt. The best advice is to always only gamble with amounts that you can afford to lose. It should be fun, the moment it stops becoming fun is when you have a problem.

There are people who make a living in sports gambling but don’t assume you can also do that unless you have real expertise & thorough knowledge in multiple sports. You also need a strong resolve, don’t have any emotions in your gambling patterns & don’t chase losses.
At best, that is the best advice for the OP instead of thinking about how he could be someone else.
I hope that whatever other people are capable of doing with a high level of risk doesn't make us too interested when we don't fully have the knowledge and experience and abilities. Losing at gambling when they gamble for a living is bad, it changes everything including emotions running high. So definitely not something to recommend for anyone who can't control their emotions yet.

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