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.
Image: 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. 😛
About the Author
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
@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!
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
You should read the following articles.
https://www.soccerwidow.com/football-gambling/betting-knowledge/betting-advice/betting-exchanges/a-basic-understanding-of-betting-exchanges/
https://www.soccerwidow.com/football-gambling/betting-knowledge/betting-advice/liquidity-comparison-betting-exchanges/
The only limit in betting exchanges (betfair, betdaq) is how much money the market is willing to bet against you. In some leagues this wont be an issue, but in less popular markets or leagues you will place your bet and wait for someone to match it.
good luck 😉
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
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.
Tony, I have some thoughts about your comments and I hope you dont mind me expressing them.
First, your quote “I mean I give away my strategy on here and someone actually comes on here and implies I’m not successful.!!!!!!”, when or where did you gave away your strategy?
Second, I am with you about the betting rules everyone follows, I also believe that in order to break the market you need a different set of skills/rules. This is why I explained my method and even published a sample of one of my betting angles/strategies, I dont think is the same advise everyone gives in forums.
Third, I wont insult you by asking some proof to what you say (I will believe in what you say until I see proof you are lying), but you have to understand that as most gamblers are male and think to know better, they also wont believe what you are saying because it goes against the nature of those unwilling to try different things, which I think, is a gambler (loses money again and again on the same mistakes and somehow expect this to pass in the future)
Fourth, have you ever taken into account the psychologial situation the bettor is in? Sometimes people can take high risks, sometimes they cant. This does not undervalue their methods. I think the strategy needs to be connected to the individual, if it does not match it wont matter how successfull the strategy is in the long run, the bettor wont be able to hold it.
Final thought, I am all for educating ourselves and explore different approaches, you may indeed have the BEST way, I really hope you do because it means that anyone that thinks for himself, questions the common knowledge and has a passion for finding his path to success (in whatever way you define it), has a possibility for something really good. And I think you have these characteristics. I hope you spend more time educating us rather than trying to prove you are a winner.
Thanks and I hope you do not take my words in a negative way.
I would like to add a couple more things if I may now that I have cooled down a bit.
When I do my bets,instead of trying to win a really boring safe amount that would entail as little risk as possible I usually try to assess the situation and try to win as much as I believe is possible albeit hopefully without risking much more than about 10% of my bank.
I do this because I am in fact attempting to prove beyond all reasonable doubt that the way I bet on football is not only profitable but the best way!
And no one ,but NOONE ever listens to anything I say because what I do breaks all the ‘rules’ of betting( apart from money management).
So I know that I have to make a very large amount before anyone will take notice.
But why do I care so much about this issue?Surely I’m an idiot for wanting this method to be known?
Well first ,I have enough money to last me the rest of my life.
Second,I have become utterly utterly FASCINATED by gamblers.To the extent where I am just SO incredibly curious to know just what gamblers would do with my method.
I believe I could give this away and still make money because of the,er,characteristics of the average gambler.
(The main characteristic of course is that they are MALE.And thus they all think they know better.:) )
Going back to my original post.Last season ,if Burnley had ended up bottom of the Premiership I would have made a £1million PROFIT!!!
Ladbrokes would have had to payout the maximum £1million to me.
Now what’s interesting about that is that they have made major rule changes which may or may not be due( in part) to my bets.
Because I deliberately went after Ladbrokes as they had a £1 million limit on the Conference North and Conference South and I knew I could easily best them on these markets.
Their current limit is now £100,000.
Also,if Derby had gained just one more point and reached the playoffs I would have won an extra £190,000!
This season I’m attempting a £500,000 profit although of course that will be a huge challenge 🙂
Cheers
Hi Tony I think I have a similar system can I email it to you for your opinion? thanks.
i really enjoyed your contributions. You have shown that impossible is not in your dictionary. Am a struggling punter and i will need your help. kindly send me the strategy and little explanation if required. I Will b looking forward my email kareemsaheed45[at]gmail[dot]com
Hi Tony…I m a struggling punter.could you share some of your winning tips.Thanks in anticipation.
Hi Slevin,
I had to comment on your comment as you say you have failed to see any successful strategies in the comments.
Am I to infer from your comment that you think I’m some kind of fantasist then?
Have you actually ever tried my way? If not,how can you possibly know that it doesn’t work!?
How much do I need to make this year to convince you?
That’s a serious question and I take this opportunity to ask EVERYONE.
Because make no mistake here people.Im not mucking around.Im FED UP of reading abject nonsense on the internet about how hard it is to make money from betting.
In the last 2 years * I have made a profit of £500,000.
SO,can people please let me know how much money I need to make before we can all agree that my strategy is in fact the best one.
Once I’ve achieved this then I daresay, from what I’ve seen on forums,that 95% of gamblers will carry on betting against each other on 90 minute markets.
But I will be able to help those who want to be helped.
* As I’m honest let me point out that the season before I lost £15000 (from a £180,000 bank).However,in the last game of the league season Brentford hit the bar with a last gasp penalty and the other team went up the other end and scored the winner.
If that penalty had gone in and Bees had held on for 30 seconds I would have made a £130,000 profit.
In fact I had another chance to make £130,000 profit when Brentford hot to the play off final but they lost to Yeovil.
Cheers
Please excuse the tone but,honestly,I find gamblers utterly impossible at times.
I mean I give away my strategy on here and someone actually comes on here and implies I’m not successful.!!!!!!
I give up.
I fail to see any successful betting strategies in the article or in the opinions ? Unfortunately i ve been betting for 6 years and ive tried almost anything but i still was not able to discover a betting strategy that brings me CONSISTENT profit.
Hey Tony,
Wonderful comment… I have created a post on my web blog for update, picks and relevant information ahead of major football season! As part of my preparation for the upcoming major season….I have decide to educate punters who are ready to be making MEGA PROFIT betting and focusing on goals markets all through the season…. @ safepunters.com/making-a-small-fortune-betting-on-goals-markets/