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. 😛
Very interesting thoughts and comments from like minded souls, just remember we are all on the same side, and sharing is caring.
I’ve been experimenting for years, constantly thinking their must be a way to earn money betting. With so many types of bets and odds shifting all the time.
I’d had promising starts but ultimately all failed. However i am currently on a 200+ day trial with 190+ bets and i am currently achieving a 10% ROI. I’m publishing all data on my website sportstrading.guru so you can see how consistent bets are and the profits over the last 8 months.
I am laying the draw in football matches. Average lay odds are 4, and i need a strike rate of 75% to break even. Currently i am at 84%.
I’ll keep testing this but hopefully thinks will remain consistent.
Cheers
Neil
Has anyone tried Tony’s system and had much luck?
I think he was laying his multiples together and backing them with correct scores? this got shut down end of last season.
Because if he put every out come in multi bets he would be losing and if he layed each team in the acca he would also take a big lose if the acca came in?
Hello friends,
i am trying to earn from sports betting since 4 years but not able make profit if i do profit will loose fast. i am doing betting for my health issue treatment, can anyone please help me to make money. my mail id is mohankumar4004(AT)gmail(dot)com
Hi
First all heil to soccerwidow and the site. It is not one of the best betting sites, it is the very best !
Is it possible to earn money betting ?
Yes it is !
I am tired of 90%+ web sites stating oposite thru nonsensical so called arguments.
My coworker did ( is ) earn about two times his monthly wage betting.
He was using soccer combos 3 to 6 and 1 or 2 bankers. Thus it was/is possible to win big using soccer combos.
He explained system to me. I was loseing big time. His bankers were bankers, my bankesr were losers. Of course he did NOT reveal how to choose bankers.
After three years talking, he quit talking soccer betting, but he did continue money spending.
In a nutshell it is possible to earn good, betting on sports.
And yes, I do some penny betting and I do earn few euros, but it is another story.
regards
Oldman
Hi Oldman,
Thanks for your very kind words (blush!).
Combinations or accumulators are certainly a very interesting format especially if you can choose games with staggered starts in order to lay off along the way to create a surebet situation.
If you also take into account the fact that some bookmakers offer accumulator bonuses, you can use the weight of numbers to guarantee profit from any combination, from 3-folds to 15-folds.
Bookmakers want you to play accumulators because the chances of winning become smaller and smaller with each leg. They offer bonuses to encourage this and also I believe to allow you to make the profits elsewhere with the ‘lay’ bet. It’s a form of arbitrage which is okay with the bookies, and can generate profits far in excess of the usual 2-3% per arb.
Thanks for your valued comments and for your interest in Soccerwidow.
Common prob for gamblers is can’t save the money.best way to do is buy things.every time I withdrew I just straight buy my things for living and baby stuff.
To abz
good for you, great for the baby ! I used to pay for rent and utility bills.
Now, we are talking here of betting for living.
I have beer taste thus beer income was/is good enough for me.
Problem is to deposit 2% up to 9% and to withdraw, up to 5%.
Economy 101 is hard for me.
Can someone explain howto fit numbers. I mean it is cca. 7500 a year !
Assuming 100K capital and 45K-50K as profit goal, yearly level.
And no I do not play accus bet. I just want to state that even accus could be good enough.
Over and under market, or 1X2 coulod be better.
regards
Oldman