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. 😛
@Right Winger
“If someone has a successful system do you think they would share it on a widespread scale? ” you ask in a recent post above.
May I point out that that’s EXACTLY what I’ve been trying to do for years!!!!!!!!
I dont know if my earlier posts are still there and dont want to see either way (I’m funny that way)
Almost everything I read about soccer betting on the internet is wrong or
The best way to make money from betting on sports is to place a whole series of multiples bets on long term markets throughout the season in such a way that most of them are hedges on each other and employing very good money management.
There. I’ve just given away my system. But you will say I haven’t given away how to do it.
But I shouldn’t need to. Long term markets are truly truly truly not hard to beat.
They really aren’t. And that’s all the information you need.
That and one other thing. The only way to learn how to do this is to try it.
But of course you won’t.
Tony I know for a fact you’re right because I’ve seen the press coverage about your winnings. I promise I’m going to try this but it’s hard with so little detail.
Hi, I’m sorry I only just saw this comment. You saw press coverage of my winnings?
Well if that was relating to several years ago I should in all honestly let you know that I did not make £1 million in 4 years! That was a mistake by the reporter.
However last season I just missed out on a record amount.
Had Doncaster Rovers won just one of their last 4 games I would have won £1,500,000!
And I’m probably going to show those bets on here.
However in the meantime I really need to emphasise that last season was very very unusual. And anyone wanting to try to make a profit from betting multiples on long term markets should take the following advice;
Please please please only bet small stakes in relation to your bank.
Do not place any bets until mid December at the earliest
Do not put more than 6 selections in any bet.
Try to concentrate on markets where there is an odds on favourite at about 4-6/ 1-2 and there is a clear second favourite while the next in the betting is at least 5 -1.
Try to understand that you are in effect trading these markets.
Yes I did.
Well even if the amounts weren’t quite right it is still very impressive.
Thank you for the advice, I’m going to try implement it this season.
Hi Tony,
Can you give us an idea of what you’re u did back in 2016 to almost win £1.5 million. Cheers
Hi,
I expect to go close again this year and I dont want to say anything much right now.
The next five weeks will go a very long way to deciding whether I succeed or not.
I would expect my bets to make the national press (not because of me though) should I succeed so you can keep an eye out . In fact one of my bets was reported in two national papers and my local paper at the end of last season even though I didn’t do anything to encourage it.
All I can say right now is what I think I’ve said before . I bet accumulators on long term markets and the reason it’s possible to overcome the overrounds is because long term sports markets really aren’t very hard to trade .
One thing you will definitely need to do whether you see my bets or not is study the long term sports markets and observe how the prices change after a set of games .
I may show one or two of my losing bets from last season at the end of March if I’m still on course this season.
Take a look at mattsmosaic on twitter he wins 4 to 5 hundred a month not a massive amount I know but it’s regular and he has stated he might go full time ,hope this helps
how do i bet, i’m a novice to sports betting, and i dont watch football at all.
do i have chance
Hello Prince,
Firstly, you don’t need to know anything about football to become a successful punter – your success will be governed by your ability to understand numbers, how the market operates, how to identify the advantage of ‘value’ with every game you analyse, an understanding of bank roll management, and a good level of maths and Excel skills.
Don’t commit any money until you have a thorough understanding of what it takes to embark on a betting campaign. And don’t begin gambling until you have paper tested a system and become familiar enough with it to have full control over betting decisions, staking, and financial targets.
In short, it is entirely possible to make a living with betting but like any discipline, the preparation and training is key.
Take your time, don’t rush into anything and when you are eventually ready to bet, don’t spend more than you can afford to lose.
Good luck!
I guess this is a reply to Right Winger too.
I mostly agree that you font need to know about football to make money betting on it however the fact is that you can make money from 90 minute markets by knowing that there are certain circumstances that occur year in year out that only people who know football know about.
Although it amuses me that most soccer fans clearly don’t know about these circumstances or else the value would disappear.
The problem is that these situations don’t occur often enough to make a lot of money without controlling risk and that’s where numbers come into betting. The point about the numbers is that they give you a small edge in a lot more games.
However my main point is that I disagree totally thst you should not bet until you really know what you are doing.
As I keep saying ,the easiest (and most entertaining ) way to make a profit from betting is to bet multiples on outright markets .*
But you really need to jump in and place small -that’s very important,small-bets on in multiples on outright markets from about mid `December . Most of your selections will be quite obvious.
I really don’t think you can learn to do what I do by paper trading. You just learn much more much faster when dome thing is at stake.
You need to make mistakes.
* `I have said previously that I may show a couple of my bets. I’m still intending to but I am seriously considering plastering my bets all over the internet some time in the near future.
I mean on 100s of non gambling forums based all over the world. Together with an explanation of why this us the easiest way to profit from betting and shy it’s the most satisfying way.
I have tried using gambling forums to get my message across and yet they persist in telling young people to bet on 90 minute markets when it should be obvious thst it is getting harder and harder to profit from such markets as competition increases.
I may also just send all my winning bets to the national press. But I’m not after publicity so that’s a last resort.
Hello again,I belive thst the last time I posted I said I may show a bet of mine on here later in the season.
Well actually I’m not very sure how I can do it on this forum as I’m not very knowledgeable but until I work it out let me say a few things;
First of all it’s very good of Soccerwidow to allow me to use their execellent site to as it were promote a form of betting that goes against their whole ethos and more.
I suspect that it’s partly becsuse they don’t exoect my bets to come to anything but still.
The second thing I want to say is thst I could easily have lost this season. I was tryin g to win a very large amount and I do tend to sail close to the wind (is that the right ex0ression ?).
At the very real risk of sounding arrogant -I’m really really not -the really frustrating thing gir me is thst I know I can make £50,000 a year from betting accumulators on outright markets do so easily yet I feel the need to attempt to win a million in a year becsuse I keep reading thst whst I do is impossible other than by chance .
‘
Thirdly ,if I manage to show this bet I would ask -and I know s9ccerwidow will agree -that no one think thst the bet proves anything .
Winning bets make whst I do look very easy as the selections are nearly always quite obvious .
I had a great many losing bets and most of those losing bets never came close to winning .
However I am now £1 million up on betting on football .
And I really font think I’ve enjoyed more than my fair share of luck . However the fact is I might just be a survivor and you really must all keep that in mind .
There may have been 50,000 people who attempted to make money by betting accumulators during the season on outright msrkets and I’m the last one left who hasn’t lost their money and it’s all gone to my head and I wrongly think this method works when it’s all down to pure chance.
Anyway I will post the bet later if I can but I can tell you that unless Salah scores st least 5 goals today I dhoukd win £217,000 from a £30 bet .
But there’s quite a bit more to the bet than that…..
Hi again .
In the end I didn’t win as much as I’d hoped this season mainly due to Lutons collapse. However I did mske another decent profit .
I said I might show a bet or two before but I’m not very sure faitvwith anything like that and I can’t see an easy way of doing thst on this forum .
However I am intending on showing my bets on a lot of websites over the next 4 years.
So I think thst anyone who keeps an eye out will eventually come across one of my bets .
However if you do ,best in mind thst winn9ng bets aren’t proof . I might just be very lucky .
I gave reason to believe I’m not but it’s pissible .
In the meantime I clearly need to learn some computer skills.
It’s going to be finish of mine day, however before finish I am reading this impressive article to improve my experience.
Hey. I sent a screenshot. Did you get it?
No, we didn’t get anything.
Hi. Is it actually possible to show a screenshot ?
I can’t see any way to do it on here yet I can elsewhere .
Thanks
Pasting screenshots in posts is a manual thing.
You need to write up your comment exactly as you like it to have and then email it to us (including the screenshot). We’ll then upload the image and post the comment on your behalf.
Please only do that if it is something very important to share with other readers as each additional job adds to our workload.
Have a happy new year!
Soccerwidow
Это хороший сайт
I just wanted to give an update.
I am now £2,450,000 up from betting multiples on outright markets.
I’m banned or restricted by aloft every well known and trusted bookie and by the end of this season I hope to be £2,800,000 up and banned or restricted by every well known trusted bookie .
Quite clearly my method is almost certainly the easiest way to beat the bookies.
Or I’m lying .
But I’m going to be showing my bets in many locations in the near future .
What signature do you mean?
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