Making a Living From Sports Betting
With the new NFL and college football season just around the corner, our friends at PricePerPlayer reveal just how easy it is to make a living betting on sports.
While betting on football is fun and exciting, most people treat it as a hobby and not a job.
Today there is a vast amount of information available via the Net to help folks excel at winning sports gambling.
Should you quit your 9-5 job? Maybe not right away. In fact, some would argue it's best to supplement your 9-5 with sports betting. Today that's possible as employees no longer have to rely on company-issued computers or laptops to access information. These days everyone has a smartphone with all the necessary apps.
You can study all you like, luck will always play a part in your foray into sports betting. That "Play of the Century" will not always come through. While successful sports bettors typically enjoy winning seasons, the success rate tends to be in the 55% to 65% range as opposed to those laughable 85% to 100% claims you read on tout websites.
Becoming a bookie or running your own sportsbook is even more lucrative. Pay Per Head software provided by companies like PricePerPlayer perform almost all of the work and you, as the bookie or agent, realize most of the profit. PricePerPlayer, as an example, will charge as low as $5 per week per active customer.
With sports betting now part of the mainstream lifestyle, there is never going to be reduced demand. In states where the activity is regulated, it's nearly impossible to escape the adverting.
How Much Money do I need to be a Bookie? @priceperplayer https://t.co/JZCwtn7kC5 via @YouTube
— gambling911 (@gambling911) August 9, 2022
Whether you want to operate as a bookmaker or bet sports for a living, there are some quintessential "musts":
- Have access to top line services that monitor sharp betting action such as the soon-to-be-released Spank Odds.
- Study trends, injuries and create your own betting lines, then review any variances.
- Do read expert analyses from sports handicappers and others in the sector but do NOT rely on a single preview.
- Practice smart money management.
- Look for big public favorites and, where it makes sense, bet against these plays.
- Avoid "sucker bets" like parlays.
- Mull over prop bets as oddsmakers are more prone to making mistakes.
- Aaron Goldstein, Gambling911.com
