Demystifying Betting Myths
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Sports Betting for a Living? Is Earning Money from Gambling possible?


Whether it is possible to earn money from gambling and make a living from betting are questions which seem to bother many punters.
To give the short answer…

Yes, it is absolutely possible to make money with sports betting.

:mrgreen:

Man jumps from word Impossible to PossibleImage: Gualtiero Boffi (Shutterstock)

Bookmakers make money; sports analysts make a living from gambling by compiling odds for bookies; some of my own income derives from sports bettors using this website. Programmers earn a living from gambling by developing various betting applications. Manufacturers of gaming machines make money from people’s gambling habits.

I could certainly continue this list as the betting business is a big industry providing many, many people with jobs.

But this is probably not a satisfactory response for sports fans who bet themselves and pursue the dream of supplementing their income, or becoming rich from gambling one day.

However, for these hopeful punters, the answer is also clearly positive…

  • Yes: it is possible to develop long-term profitable betting strategies.
  • Yes: it is possible to find betting odds which hold value and provide a mathematical edge.


Nothing is Impossible!

The big question is whether you will manage to join the minority, the tiny crowd of betting enthusiasts who finally become successful.

Another question is whether you have the patience (and time) for acquiring the necessary knowledge to win more than you lose, because only knowledge is power; without knowledge there is no chance.

Reliance on luck is not a foundation for lasting success. With luck alone nobody can build a house – only a handful of lottery millionaires can claim the opposite.

Successful Sports Bettors – Examples

In September 2005, in “Expert Betting Advice” forum, a young woman named Maria Santonix started publishing horse racing lay bets. I followed her thread at the time, and I must say that it came across as very authentic. She published daily picks (except Saturdays) and in only 303 days, her initial bank of £3,000 increased to £100,603.78.

The thread has since been taken offline by the operators of the forum, but if you google “Maria Laying System” you will find a plethora of articles referring to her experiment. Naturally, doubt breeds skepticism and most of the responses are quite critical.

It is difficult to find really credible information about betting success on the Internet. In the majority of threads you will read statements such as “I know someone who knows someone who makes his living from betting”.

The only website I am currently aware of which has published quarterly betting results for several years is Alan Seymour’s Sports Arbitrage Review. Alan writes about his experiences as a professional arbitrage trader and has been arbing since 2002.

Famous Last Words

If you have anything substantial to contribute to this topic please leave your comment below. It will warm our hearts and be absolutely great!

As I continue to develop betting courses and tutorials, I would be very keen to learn which specific content you are interested in most.

I thank you in advance for you valuable contribution! Every thought helps to develop this website into a sparkling source of knowledge in the often far too confusing worldwide web. 😛


Last Update: 18 February 2016

Categories:Betting Advice Betting Guidance Most Popular Responsible Gambling



137 Responses to “Sports Betting for a Living? Is Earning Money from Gambling possible?”

  1. 12 September 2015 at 2:28 pm #

    Hi Florian,

    The HDAFU tables are essentially ‘value calculators’ in themselves – they show you the profitable areas and allow you to home in on the sweet spot in each result you choose to play. They show you where the value is in certain sectors of odds.

    Personally, I have 11 strategies playing at the moment from 8 summer leagues and although 5 of these strategies are currently in losses, the others more than make up for this and create a healthy profit.

    As far as the HDAFU tables being the focal point of the blog, although there are numerous articles attempting to explain how to use them (which are necessary as the concept to most readers is totally alien), there are many, many more articles on other subjects, which are equally as important.

    Thanks for your comment and for your continued support in both the English and German versions of the blog.

  2. 9 September 2015 at 12:16 am #

    Could anyone explain why it shouldn’t be enough to simply use their HDAFU tables to create portfolios of let’s say eight strategies in eight different leagues (f.e. Backing the underdog when team xyz plays home) given that every single strategy was generating profits within the last five seasons? I mean this perfectly sounds safe. The risk that more than half of these strategies create loses that eat the gains of the remaining winning strategies must be very small then. Why shouldn’t this enough to create a stable winning and make a living out of it? I don’t get it. Also I don’t really understand why no one ever refers to these HDAFU tables when discussing. I mean the website basically is about these tables. Why would I need to calculate even value if I already have these tables??

  3. 7 September 2015 at 10:25 am #

    Hi Rod. i will be interested in your approach and strategies. looking forward to get a reply my email kareemsaheed45[at]gmail[dot]com

  4. 1 September 2015 at 4:19 pm #

    personally i use my gut feeling, i look at the teams recent results and i prefer the favourites. am almost always about 65% right. i dont depend on betting for a living and dont want to but it does supplement my income.

  5. 20 August 2015 at 5:36 pm #

    hi guys i have reading all ur guys comments.can u help me to how can make money any links or any tips please i will thanks full you alls.

    my email address is ::: amjad24[at]hotmail[dot]co.uk

  6. 11 August 2015 at 9:35 am #

    hi ur guys i have been reading all ur guys comments, i am from china we are fancy crazy with the asian handicap ,i still do believe in asian handicap got better winning opportunities than europen way,yes it is possible make a living from it with essential discipline and other factors.

  7. 9 August 2015 at 3:40 am #

    I’ve been reading a lot lately and trying to find system that works. Does these systems I’ve read reviews for work or not, especially reallytested.com/index.php/2015/07/06/bonus-bagging-reivew/? That makes sense to me, but I’m still pretty new at this. Thanks!

  8. 6 August 2015 at 2:29 am #

    Hello jocain… I sent yo an email with some links and tips. Good luck.

  9. 3 August 2015 at 4:13 pm #

    Hi everyone i have been reading your comments about betting and i am interested in footbal betting.

    I am a woman and i have been a fan of football and i watch most of the games even though i cannot afford to go to the actual games.

    I would like to start betting anyone interested in giving me some basic tips i am not looking to win big money all i need is to have that satisfaction of winning and i have a passion for numbers i did study accounting.

    i would love to do some trading though but i am stuck in an accounting profession at the moment

    my email add is cain_jo(at)yahoo(.)co(.)uk

  10. 1 August 2015 at 5:44 pm #

    hi tony i would love to try your system could you explain how it works thanks delboxall[at]hotmail[dot]com

  11. 1 August 2015 at 4:03 pm #

    Hi Tony

    I know for a fact you’re not a fantasist because if you are who I think you are, i’ve read the about you in the local news.

    I’d love to help you ‘get on’ in return for advice about my betting.

    Jonathan

  12. 28 July 2015 at 2:10 pm #

    @Eric Salgueiro,

    Successful punters with bet size +€100k have limited options when it comes to bet placement. The only place to move such large sums is on the Asian markets. Sportmarket are an invaluable tool for serious sports bettors who want the edge against Asian bookies.

    Sportmarket is a bet broker service…Read more about @ safepunters.com/dominate-over-under-total-goals-betting/

    Wishing you the best!

  13. 27 July 2015 at 12:12 am #

    Hi everyone! First of all sorry for any grammatical errors, english is not my first english. Im a begginer who aims to be able to make a living by sports betting one day and I would like to know about the possibility of having my account limited by sites like betfair and betdaq. How real is that possibility and how you do to prevent it from happen? Thx guys

  14. 25 July 2015 at 9:09 pm #

    I was able to developed strategy for goal markets that I will be using for 2015/2016 football season…And I planned to be compounding my earnings all through the season…I believe it is time to make it big in the betting industry! Starting small and grow it bigger is the best way to go. Wish me well, or join me! Lol

  15. 24 July 2015 at 2:47 pm #

    Hello everyone,
    Nice interaction going here about sports betting *esp football. Well let me simply say football isn’t what you all think it is…..Its totally controlled and you can only win if you’ve taken nothing less than 2 years to understand how the scripts are being manipulated and played out on the fields everyday. Football is basically controlled by DRAWS !!!! Meaning “no draw game is a coincidence” The easiest and fastest way to earn on football betting is knowing how to read the draws.Armed with that knowledge,then you would start understanding how to decode a home or away win,even up to Goal margins or Correct scores.
    Can’t really say too much here for obvious reasons. hit me up on this addy ( 1x2guaranteedATgmailDOTcom )

    cheers.

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