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Question: Are there long-term profitable sports bettors?
Yes - 8 (72.7%)
No - 1 (9.1%)
I dont know - 2 (18.2%)
Total Voters: 11

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Author Topic: Are there long-term profitable sports bettors?  (Read 312 times)
Julien_Olynpic (OP)
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December 31, 2023, 07:28:04 AM
 #1

I wanted to open a new discussion on this issue. I recently watched a video about gamblers. There was a presenter who helps gambling addicts get out of the dark streak in their lives. He worked in the bookmaking business for many years. He believes that there are no long-term profitable players in sports betting. This is impossible by definition. If you start to win often, the bookmaker company begins to cut your odds, either reduce your winnings or block your accounts. It's as if the bookmaker is telling you, "You're not here to get rich." The presenter claims that he does not know any profitable players over a period of several years. There are rumors that such players allegedly exist. But where are they and who saw them? What do you think? Are there profitable players in sports betting?
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December 31, 2023, 07:34:15 AM
 #2

I will choose yes, but they are not just many. Most gamblers are losing and helping the gambling sites to earn more money.

People should keep in mind that most people that are gambling are losing, but there are exceptions. If there are no profitable gamblers, there won't be those that won huge amount of money and declares it to people.

For people that continue to gamble, people that gamble less often are likely to make money than people that gamble frequently. This is based on my personal experience.

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December 31, 2023, 07:36:04 AM
 #3

I wanted to open a new discussion on this issue. I recently watched a video about gamblers. There was a presenter who helps gambling addicts get out of the dark streak in their lives. He worked in the bookmaking business for many years. He believes that there are no long-term profitable players in sports betting. This is impossible by definition. If you start to win often, the bookmaker company begins to cut your odds, either reduce your winnings or block your accounts. It's as if the bookmaker is telling you, "You're not here to get rich." The presenter claims that he does not know any profitable players over a period of several years. There are rumors that such players allegedly exist. But where are they and who saw them? What do you think? Are there profitable players in sports betting?
It's like there will still be special cases of some people who are considered to have made achievements in this field, but we can't really know where they are and how they achieved it. I can agree that any field will not be for the crowd, but people with skill and luck can get that success, even though I am not the player who gets it but credit otherwise everything is possible, even here you will find such people but do they want to come out to share what they have been through? It is unlikely that some services have statistics on the list of people with regular winning rates, but they may belong to those who have achieved profits in this game.









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December 31, 2023, 07:58:00 AM
Merited by Julien_Olynpic (2)
 #4

I wanted to open a new discussion on this issue. I recently watched a video about gamblers. There was a presenter who helps gambling addicts get out of the dark streak in their lives. He worked in the bookmaking business for many years. He believes that there are no long-term profitable players in sports betting. This is impossible by definition. If you start to win often, the bookmaker company begins to cut your odds, either reduce your winnings or block your accounts. It's as if the bookmaker is telling you, "You're not here to get rich." The presenter claims that he does not know any profitable players over a period of several years. There are rumors that such players allegedly exist. But where are they and who saw them? What do you think? Are there profitable players in sports betting?

I was once an avid casino gambler.  I spent days and nights in the casino playing roulette.  I was very lucky often.  And I remember how the casino employees looked at me after a series of big wins at roulette.  They looked at me appraisingly, trying to assess whether I represented a danger to the casino or not.  I did not pose a danger, since I made small money bets and did not win very large sums of money.  Representatives of casinos, bookmakers, etc., of course, keep track of the most successful players.  At the same time, the bookmaker is only interested in the profit of this office.  She is not against the player winning, she is against the player winning often and large sums of money.  Therefore, if a successful player wins constantly, but little by little, it is unlikely that they will be specifically punished by reducing the odds or blocking the account.  After all, he does not pose a danger to the bookmaker’s office.  Therefore, the main strategy of such a player is to win constantly, but little by little in monetary terms.  To do this, it is advisable for him to place bets not in one bookmaker’s office, but in several.

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December 31, 2023, 09:16:55 AM
 #5

Casinos are crazy for stopping a gambler from betting when they have hit a hot streak. Everyone knows the house always wins in the long run. Really I don't think a casino should be allowed to tell a person they can no longer gamble unless they're caught cheating, but that's not the way it is.

Are there long term sports bettors in profit? Probably a few scattered throughout the world, but I personally do not know any.

  To do this, it is advisable for him to place bets not in one bookmaker’s office, but in several.
This is a good idea to avoid being limited so quickly. Not sure it matters online because i'm sure your stats are linked from each site somehow, but Live casino's I think this is a great idea.

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December 31, 2023, 09:25:25 AM
 #6

It is normal that companies or bookmakers will start to reduce your odds or even block your account. The business owner does not want to see someone always win every time he bets, no matter how accurate his analysis is. I'm sure there are players like that, but I don't know whether their account has been blocked or they can still bet as usual. They don't want to show it to the public for privacy reasons and they also don't brag about it to others. Maybe it's best for them to have accounts at other casinos so they can split their bets across other casinos. If they win, they can win at some casinos.
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December 31, 2023, 09:27:16 AM
 #7

I still remember this thread which I used to follow since I first signed up on this forum:

CarlesPuyol Sports picks Thread - Hot Picks with review

The OP was posting picks almost every day and most of the picks led to wins. Although I never followed him nor took advice from their picks, I am sure they walked away with profits>losses.

What I never understood was why they suddenly stopped coming to the forum. Maybe they moved on the paid picks as per their last few comments on the thread.

In either case, the luck factor does weigh out the skills at some point and you will get burnt if you dont stop. It is gambling after all. So in the long term it is not going to profitable if you are always betting. If you are selling your picks but not playing then you will always profit.

R


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December 31, 2023, 09:33:03 AM
 #8

There are those who are good at what they do, but I don't see someone winning more often if they gamble, but there are possibilities for them to win more than they are losing when they are gambling with good tactics.
 
If one is winning all the time in a casino, there is a higher possibility that the casino will accuse him or her of something and just lock down his account. In some cases, he will be allowed to withdraw his balance, while in others, he will be completely locked out. This is the reason why I don't even like the idea of just focusing on and betting on one casino.
 
I like a situation where I use different casinos on different occasions, irrespective of the winnings. Most times the odds might be different, but it's not much of a difference, so playing and winning at different casinos won't create much awareness because casinos hate seeing who is winning from them more often; it looks like the person is using some cheating on them.

R


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December 31, 2023, 09:34:52 AM
 #9

while I believe that in games that are only about luck (e.g. dice, roulette) there are no winners in the long run. The more you play, the closer your result is to the statistics, and the casino builds its games so that the statistical output is on its side. Opposite example is poker, which, in addition to luck, is also based on skill, and here there may be players who win in the long run, because here you play against other players, not against the casino, and statistically the chances are equal, so skill determines in the long run. It's similar with betting on sports. Here you also play against other bettors and the casino only deducts the fee. So if you know sports better than others, it is possible to win in the long run, and I do not believe that in sportsbetting, your winnings are bad for casino and they will block you, because you are beating against others and not the casino.
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December 31, 2023, 09:38:39 AM
 #10

while I believe that in games that are only about luck (e.g. dice, roulette) there are no winners in the long run. The more you play, the closer your result is to the statistics, and the casino builds its games so that the statistical output is on its side.
You can win in short run but in the long run, you can not be a winner against book makers because the house edge is on them. We see some investigations with engagements of sport players in matches they played and also bet in those matches.

They can do it for their benefit or with cooperations with book makers. Even they just do it for their benefits, no cooperations with book makers, as bettors, we can easily lose money in those matches with very shocked results. I only consider betting as entertainment only and nothing more than entertainment.

If I want to be rich, I will consider long term investment in cryptocurrency.

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December 31, 2023, 09:41:25 AM
 #11

What do you think? Are there profitable players in sports betting?

Are we talking about online bookmaker alone because it’s very hard to become a long term profitable in online bookmaker because they will limit you once you’re winning frequently. They will consider you unprofitable players and will give you a ridiculous max bet or worst restricted to the casino because they have the right to do it.

You will notice that there’s a lot of case like this especially for those players that taking only value bets or arbitrage betting. They just keep changing casino once they are already restricted so that they can still play but in general no one can keep up in long term profit without being limited.

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December 31, 2023, 09:52:25 AM
 #12

I voted for a yes because I believe in it and I already experienced it during the EuroBasket. Long-term because I calculated everything when the tournament was finished and I saw I was in profit after it.
The sad part is, that I cannot feel it because I've used some of my winnings in playing casino games while waiting for another game. I mean, it gets boring if you are waiting for a day or more so I am urged to gamble at a different game.
But is there a profit long-term? Yes, there is especially if you know about the sport that you are betting on.
I love watching basketball so making a prediction is not too hard but there's no 100 percent accuracy in it because we cannot really tell how a game will end unless there are small leagues in which games can be rigged. All we can do is increase the chance of winning through analysis, avoid greed by taking the safest route, and read how the game can end. Not that easy because it requires knowledge but I believe long-term profits can be made once we get used to it.
I have not yet tried to compute my NBA results because it's too long, some say to make a spreadsheet but I am too lazy to do that.

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December 31, 2023, 10:00:05 AM
 #13

I don't think so. In my opinion, any type of gambling is only suitable for the short term, otherwise gambling can be used as a main job for income. and some sports betting I think has unreasonable heights. where players who should lose are made to win either by paying the referee or the athlete himself. I think this technique is used in some cases of sports betting. I think it's better to make it safe by not using it too often because after all a lot of gambling is unfair. I'm just warning you to be careful not to forbid it.
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December 31, 2023, 10:09:47 AM
 #14

I wanted to open a new discussion on this issue. I recently watched a video about gamblers. There was a presenter who helps gambling addicts get out of the dark streak in their lives. He worked in the bookmaking business for many years. He believes that there are no long-term profitable players in sports betting. This is impossible by definition. If you start to win often, the bookmaker company begins to cut your odds, either reduce your winnings or block your accounts. It's as if the bookmaker is telling you, "You're not here to get rich." The presenter claims that he does not know any profitable players over a period of several years. There are rumors that such players allegedly exist. But where are they and who saw them? What do you think? Are there profitable players in sports betting?
This isnt really just that applicable on sports betting but also into those luck players on casinos too on which account blockage and being restricted or facing up some unknown issues would really be just thrown off on which its true that gambling site owners wont really liking into those people who do have that good winning rate as these fellas would really be putting up a huge effect into their
business in terms of revenue. So it isnt really shocking that they would really be doing such step. In regarding on the question if there are those long term profitable sports bettors then they do surely
exist. It is really just that true that they might be restricted but we do all now that we do have tons of options on which a bettor could really be able to register.

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December 31, 2023, 10:19:28 AM
 #15

I hope I'm wrong there seems to be a topic with the same thread title even though it's not very similar, but I'll try to give my opinion due to my little experience in sports betting, it seems that not too many people win consistently at sports betting sometimes Sometimes there are several matches where the favored club loses to the unseeded club.

So in the long term, if he is a professional, it is possible to get long-term profits because there are also some cases where someone is restricted from betting on sports just because he keeps winning, so it is not surprising if there is a professional who is skilled at betting and often wins in the long term in betting. sports, but again everything depends on luck because luck is what determines the final result.

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December 31, 2023, 10:20:02 AM
 #16

One ex-colleague went to an early retirement due to some health issues. I didn't see him for a while and I am not sure if he is still playing, but he was crazy. He was alone without family and he used to spend a lot of time in casinos gambling on all sports, and he was winning often... He used to buy drinks & snacks after some big wins,  and he had some crazy big wins.

I believe there are long-term profitable players, but some people don't like to share their gambling winnings for various reasons. I am not one of them, I have good streaks but after that, I have even longer bad streaks.

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December 31, 2023, 10:21:22 AM
 #17

Probably if they're the ones that are really good at that sports and they've got a keen eye on who's winning team to pick when betting then yes it's safe to say that there's potential that they can profit out of sports betting but the problem with betting is that it's still gambling so they're still going to be experiencing losses, there's some matches that have a low odds so it's likely they're going to lose money even if they bet on that team and that team won but they might be able to find some success with parlay betting if they want a more profitable long-term.

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December 31, 2023, 10:29:25 AM
 #18

Probably if they're the ones that are really good at that sports and they've got a keen eye on who's winning team to pick when betting then yes it's safe to say that there's potential that they can profit out of sports betting but the problem with betting is that it's still gambling so they're still going to be experiencing losses, there's some matches that have a low odds so it's likely they're going to lose money even if they bet on that team and that team won but they might be able to find some success with parlay betting if they want a more profitable long-term.

There could be but of course they are not showing up and boasting about it and that is why I think that there are none or very few.I think so because sport betting has become the ever more difficult nowadays with referees impacting the game with their stupid decisions that even strong teams are having difficulties to win against weaker teams because of these facts.

Maybe in lower leagues,people who play lower leagues that no one cares about probably the referees have not the pressure that they have in elite leagues and most likely would make less errors.Overall though it is very difficult to win in sport betting and in every game that has the word betting after it.

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December 31, 2023, 10:36:12 AM
 #19

[....]If you start to win often, the bookmaker company begins to cut your odds, either reduce your winnings or block your accounts. It's as if the bookmaker is telling you, "You're not here to get rich." The presenter claims that he does not know any profitable players over a period of several years.
It would be interesting to know what Stake would do if Drake suddenly starts winning consecutively. We know for a fact that he's no small time sports bettor so I wonder if he'll get limited or banned by any bookie. I doubt any of them would do it since he's popular and it's bad optics if they do.

R


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December 31, 2023, 11:11:37 AM
 #20

maybe they are former gambling employees or maybe they are hackers but not sure if they really exist and I never knew them.

this story made me remember an experience from another person, a sports bettor trying to bet on soccer betting with the desire to win consistently and betting at small odds like @1.1 gradually and yes indeed he won consistently but in fact after a few days then his account was banned because it was deemed to have violated the rules.

It seems like the case is the same as what you said, that gambling will never like its customers who always win easily and I understand this case because gambling was developed to generate income for gambling owners, not to distribute money to their customers.
but I believe that there are gamblers out there who can make consistent profits from sports betting, it's just that they never teach or share how to get consistent wins but stay safe from banned.

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..PLAY NOW..
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