Sports betting has actively burst into the current life of every person. Bookmakers have begun to actively spread in every country, city, village, so the number of potential players is constantly growing and approaching a catastrophic mark. This allows bookmakers and professional bettors who earn solid money to make a profit.
How much do betting professionals earn?
Betting strategy testing
The fundamental option for earning money from professional bettors in sports betting is a reliable and verified strategy that brings constant revenue. However, at the initial stages of formation, you should not go through all sorts of strategies from the Internet in order to hope to receive a solid profit and increase the bank on an ongoing basis.
Most of the strategies of professional bettors are personal, created individually, based on their own experience, patterns and statistics, and not taken from the public domain. Before being used in practice, the strategy is thoroughly tested for suitability and effectiveness for consistently winning over a long distance.
The strategy testing period is from one month. Only after one month of testing is the significance of the strategy and its effectiveness over a long distance understood.
Take, for example, the "ladder" strategy, which is in the public domain, and which is used by most professional players. In the process of testing the "ladder", it was revealed by the bettor that the monthly profit is 30%. In fact, this is a fairly good percentage that brings a solid income within one calendar month.
After testing the strategy, the user chooses the right bookmaker for himself, where there are high odds and ease of use. Due to the high odds, the number of bets is reduced, since even the smallest difference in odds translates into a solid odds for one calendar month. For example, if the difference if the difference in odds per event is 0.05, then with a hundred bets, the total odds will be 5, which is pretty good in sports betting.
After choosing a bookmaker, the user registers, provides his own data and deposits money into the account. For example, the initial amount of cash will be one hundred thousand rubles. By the end of the first month, when using the "ladder", the result will be one hundred and thirty thousand rubles. As a result, you will get a good income every month.
Of course, the initial amount can be either more or less, depending on the individual capabilities of the player. However, in this case, you must adhere to the relevant limits and rules:
- The maximum amount of winnings for one calendar month;
- Maximum payment for one calendar month.
To find out these aspects, you need to carefully read the rules of each bookmaker. Based on the data obtained, you need to draw the appropriate conclusions when choosing the right place for betting.
How much can you earn on bets
At first, it may seem that it is quite easy to make money in sports betting. First of all, it is important to find the right strategy, test it, and then it will bring a stable profit every month.
However, in reality, everything is much more complicated.
Bookmakers note in the rules that the resource provided to the user is exclusively of a gaming nature. Thanks to the provided resource, users enjoy betting, and it is not created in any way to receive targeted earning of funds.
As a result, with a constant withdrawal of funds, the bookmaker has the opportunity to block the game account and give the opportunity to withdraw the remaining funds from the account. However, there are times when the received winnings are reset. In any case, the user will no longer be able to place a bet at this bookmaker. As an exception, the bookmaker allows the bettor to bet on sports in a limited amount, namely for the minimum amount set by the bookmaker. In this case, the bettor will have no choice but to choose another bookmaker.
However, do not be upset ahead of time. This rule does not apply to all bookmakers. Most provide the opportunity to bet on sports and withdraw a certain amount of money every month. Therefore, bookmakers should be carefully analyzed not only for high odds, but also for the possibility of obtaining the required monthly profit. To find out about this, you need to read the rules.
You can also easily overcome problems with account blocking. Many professional bettors prefer to keep accounts in several bookmakers. On each account, the bettor keeps a small amount, which in no way will lead to blocking the account. At the same time, you need to change accounts on a monthly basis, namely, one month to play in one bookmaker's office, and the next month in another office. This will allow you to be less subject to attention from the bookmaker.
Professional bettors know that the bookmaker does not follow the monthly profit or loss, but the history during the use of the account, controlling winnings over the distance.
Popular offices among betters
It is difficult to unequivocally answer this question, almost any bookmaker is suitable for the game. There are a lot of bookmakers in Russia and there are more of them. It should be noted that bookmakers operating in Russia quite officially accept bets both in their offices and through Internet resources: their own websites and applications.
Generalization
The main misconception of the newcomers was dispelled. Winning huge sums of money over a long distance is almost unrealistic. As a result, bookmakers control the account and in case of a sharp win they will block the account and will not allow the user to place a bet anymore.
However, if the user aims to receive a small amount monthly, then it is enough to open accounts in several bookmakers and rotate the account monthly.
Thanks to a competent approach to business and the use of a verified strategy, it is possible to replenish the balance by several tens and even hundreds of thousands of rubles every month. However, the fundamental rule that the user should be guided by is that there is no need to be impudent and withdraw large amounts of money, since the account will be immediately blocked.
It is also worth adhering to common sense and a “cold” head in order to be able to earn money on bets, and not lose the last money and hope that the next “express” with a huge coefficient “will reach its destination”.
Read also other blog posts:
How you can really make money on the Internet - proven ways of stable online earnings How can the weather affect your success in sports betting? 5 bad habits of bettors in sports betting
The desire to consistently get big money without doing anything special haunts every person.
Making money on bets is one of the few ways that you can get tangible financial benefits. If you are not yet familiar with the world of betting, before starting the game you will have to learn the most basic rules that can lead to success.
Earning principle
A person who places bets is called a capper (handicapper). Its main task is to guess the outcome of a certain match or event. The amount received depends on the coefficient (the probability of a specific outcome of the event). In all bookmakers, the principle of its calculation is identical - the more likely the result, the lower the odds. Let's consider a specific example.
Let's say football teams meet among themselves - "Gaztorg" and "Kramatorets" (the names are fictitious). The first is at the top of the standings, the second is closer to its bottom. Accordingly, there is a high probability that Gaztorg will win this match as well, since Kramatorets plays frankly weaker. The coefficient mainly depends on the statistical data and slightly - on the news before the match regarding this fight.
Initially, bookmakers offered only one option for placing bets - before the start of the match. Now that modern technologies have stepped far ahead, it is possible to make live forecasts (eng. "live"), that is, right in the course of the event.
How to choose an office?
For right choice attention should be paid to the following factors:
- Availability ;
- the presence of several options for making a deposit to the account;
- the reputation of the bookmaker for the entire time of its existence;
- partnerships with sports teams and/or tournament organizers;
- user reviews on the Internet;
- line size.
The line is the number of matches that you can bet on. There are bookmakers where the number of matches is several hundred, and there are those where customers are offered several thousand sports events. Naturally, in this case, the number of available bets can sometimes be 10 thousand or more.
registration
It may seem that the procedure for creating your own account is no different from registering on other portals. Actually, it is not. The data must be indicated as accurately as possible, as indicated in the passport. The player must be 18 years of age or older. For verification, the bookmaker may require you to send a scan of your passport (usually the first and second pages).
Depending on the rules of the gaming office, scans can be sent during the registration process or after creating an account.
Domestic bookmakers have been operating not so long ago as, for example, English ones. However, it is much easier to work with them due to the availability of Russian payment systems and bank cards. However, foreign projects offer much more favorable coefficients. For example, in most events William Hill
(the oldest bookmaker in the world, originally from England) offers odds that are 10-15 percent higher than common ones.
An important point is the procedure for withdrawing money. If a certain payment system is not supported (for example, Yandex.Money), you will have to register foreign electronic wallets (Payoneer, Neteller, PerfectMoney, and so on). Already from them you can fully withdraw your earned funds. It would seem that nothing complicated, but in this way you increase the cost of commissions when transferring.
What sport to choose?
The most common question among beginner cappers. The office makes bets on several dozen sports. There are also non-traditional offers related to events in culture, politics and even TV shows.
For the correct selection of a particular type of species, we recommend that you be guided by the following tips:
- Bet on what you like, what you focus on. For example, if you regularly attend football matches or watch them on TV, there is no point in betting on tennis.
- Check the odds for events before the start of the match. Practice shows that the highest rates are found in basketball and volleyball. Football matches have lower odds per outcome, but they are more reliable and proven. The same applies to tennis.
- You must be excellent at a particular sport. If you are interested in football, you should definitely monitor the state of the team. Successful handicappers pay attention even to such trifles as photographs in in social networks.
Work algorithm, types of rates
All offices offer their users an identical algorithm of work. You need to select an event and then enter the amount of money. After confirming the bet, the selected amount of money will be debited from your account.
If you guess the outcome of the match, the money will be returned back, but at the same time you will receive a profit, the amount of which depends on the coefficient. For example, if you bet $100 on a tennis player to win a match with odds of 1.32, you will win $132 ($32 profit). If the event is not guessed, $100 is not returned. But this does not always happen. More on that below.
Now let's get acquainted with the types of bets:
- Handicap. There are three types - zero, with minus and plus. The handicap itself is the difference between goals conceded and goals/points scored. Let's imagine that the giants of Spanish football - Barcelona and Real Madrid - meet on the field. Let's consider each handicap option separately:
- By putting a handicap (0) on the first team, you will win if the score is 1:0, 2:0, 2:1 and so on. If the team loses, the bet will be considered lost. But in case of a draw, the deposit will be returned to you.
- By placing a handicap (-1.5) on the first team, the bet will play if Barcelona wins by 2 goals. For example, if the final result is 2:0, 3:0, 3:1 and so on, you get money along with the winnings. If there is a difference of 1 goal or if Barcelona draws/loses, the bet loses. There is no return in this case.
- Putting a handicap (+1.5) on the second team, to win it is necessary that Real Madrid not lose by 2 goals, draw or win. If the score is 3:1, 4:2, 2:0 and so on, you lose.
- 1, 2, x1, x2, x. In this case, everything is simple. The number "1" indicates the victory of the first team, "2" - the second. "x1" is a bet at which you get a win even if the first team draws. She will lose only if the first team concedes to the second. Similarly, with the “x2” bet, only here we are talking about the second team. The symbol "x" without a number means that the bet will play only if a draw is recorded in the match.
- Lives and line. "Live" is a bet that can be placed during the event. The line shows matches that can only be bet on before they start. In live events, the odds are usually lower, because with every minute, point or goal, the probability of betting increases. Although you can raise good amounts by betting on an outsider and hoping that he will turn the tide of the fight.
- Singles and Express. These are types of bets that differ in the number of matches that you can bet on. The ordinary consists only of a forecast for one event, the express consists of two or more. In the latter option, the odds are multiplied - placing, for example, 3 bets on matches with odds of 1.50, 1.47 and 1.32, in the end you get a final odds of 2.91.
Bookmakers also offer a number of other types of bets - totals for the first / second half or the entire match, exact score prediction, totals on penalties / free kicks / corners / yellow or red cards and so on.
Is it worth buying fixed matches and predictions?
Offers to order the purchase of forecasts for regular and fixed matches are actively popularized on the Internet. And most importantly, many people actually use such services. If you decide to order forecasts, you need to remember that there are some pitfalls here.
Communities really thrive on social networks, in which predictions are posted in the public domain, and in order to receive bets with a maximum pass, their purchase is offered. The amounts can be different - from 1 to 20 thousand rubles. However, it is recommended to refrain from such purchases. There are several reasons for this:
- Firstly, such information is posted by quite ordinary people who have a little more experience than you. Accordingly, the chances of a successful passage are only slightly higher.
- Secondly, by buying such forecasts, you increase the costs from your deposit. It’s better to spend 30-50 minutes on your own analyzing a couple of matches than to pay money from your pocket for a forecast where teams play that you may not even have heard of. Here, no one will give you a 100% guarantee of the success of the passage.
As far as so-called "match-fixing" is concerned, such information is usually not shared with anyone. If someone assures that he has any connections with the management of the clubs or uses other schemes, be sure that these are ordinary scammers posing as business people.
Even if someone knows such information, he will not spread it even for money.
There have been cases in history when teams played suspiciously, and bookmakers recorded many huge bets on an outcome that initially seemed unrealistic. Further, a special committee began proceedings, and such teams were fined. “Agreements” are made only by those who are directly related to the team, but such people will never disseminate such information.
Remember: There are no 100% guaranteed win strategies.. There are only those who give a result as close as possible to one hundred percent. One of them is "catch-up". It is ideal for tennis betting. Let's consider a specific case.
Suppose two tennis players meet each other - the first is in the top ten of the world ranking, the second is from the fourth hundred. Of course, the coefficient on the clear victory of the first player will be miserable. Therefore, bets are placed on catch-up games. The task is to bet that the opponent will win someone else's serve. The strategy requires a large amount of money in the account, as well as a little luck. For example, we have one thousand rubles of deposit:
- The first game is served by the 1st player, the coefficient for winning the game by the second player is 4. The bet is 5 rubles. Lost.
- The second game, the 2nd player serves, the coefficient for winning the game by the first player is 2.25. The bet is 10 rubles. Lost.
- The third game, the 1st player serves, the coefficient for winning the game by the second player is 3.90. The bet is 20 rubles. Lost.
- The fourth game, the 2nd player serves, the coefficient for winning the game by the first player is 2.41. The rate is 40 rubles. Won.
We spent 5+10+20+40=75 rubles on bets. In the fourth game, the first player won someone else's pitch, and we received 96.4 rubles. Our winnings amounted to 21.4 rubles.
Concerning useful tips The main thing is to be disciplined. Never place bets in order to quickly recoup. This usually leads to complete bankruptcy. Make yourself a specific schedule, write down all the nuances. This will allow you to effectively spend your budget, as well as guarantee a stable receipt of winnings.
Common mistakes
The most common mistakes include the following:
- lack of discipline, desire to recoup quickly;
- the desire to get a million and a hundred in just a couple of days;
- trust in "false forecasters" who inspire their clients that the win is guaranteed;
- regular betting on the victory of your favorite team;
- registration of "random" rates, information about which was not analyzed.
How much can you earn and is it realistic?
Successful cappers can double their pot in just 1-2 weeks. Depending on what the final coefficients are obtained, daily you can make a profit equal to 3-100%.
If we take, for example, a daily increase in the deposit by three percent, after a month it will increase two and a half times. If you work according to this principle for six months, investing 1000 rubles, you will receive 244 thousand. But this is subject to a competent analysis of matches and discipline.
Video on bid analysis
The video below shows detailed story how to analyze football matches correctly:
Betting has always been close to sports, and the advent of the Internet has brought them to a whole new level. Thanks to this, everyone can try to start making money on bets, but is it possible to win on this? Below we will analyze popular betting approaches and give some tips for beginners.
How to start making money with sports betting
There is a small cohort of people who bet more for fun. However, in most cases, the player wants to win and earn.
It’s worth mentioning right away that there is a small percentage of professional players who consistently win at bookmakers.
Do you also want to start making money on bets and love sports? You can’t do without a love for sports games, because you will have to watch games for several hours a day and analyze the results. To make money on sports betting, you will need:
- stable Internet access, especially for those who prefer to bet on LIVE;
- free time - at least 3 hours a day;
- bankroll - free capital that you can afford to lose;
- good knowledge in one or more sports.
More often, beginners prefer popular sports - football, hockey or basketball. However, it is worth noting that the easiest way to make money on tennis. However, this sport in Russia is not very popular.
A few words about the bankroll. If you are new to this business, then there is a high probability of a drawdown or a complete loss of the initial deposit. Therefore, we strongly recommend do not bet with bookmakers on the last funds. Play if you can afford to lose your investment.
Choosing a bookmaker
If you are going to live on earnings from sports betting, then you need to find a reliable and trusted partner in the face of a bookmaker. We recommend giving preference to companies that have a license for betting activities. In addition, when choosing a BC, you should pay attention to the following factors:
- supported payment systems and commissions for depositing and withdrawing funds;
- the number of events;
- high odds - study the line of several offices to see which one provides more favorable conditions for betting in the desired sports discipline.
It should be noted that a fairly large number of illegal bookmakers operate on the Internet. Cooperation with them threatens that with a big win they will refuse to pay you funds. It is almost impossible to make money from sports betting with such bookmakers, although sometimes they offer odds higher than those of competitors.
How to avoid mistakes and really make money on sports betting
A professional player differs from a beginner in many ways. Below we offer short list rules that significantly increase the chances of getting rich by betting:
- we do not bet on everything, but only on sports in which we are well versed;
- we always analyze the event before making a bet with a bookmaker;
- don't put more 1-2% from bankroll;
- we avoid sweepstakes and big accumulators, which include more than 5 events.
Most often, beginners make the same mistakes in sports betting, for example, betting the entire deposit on 1 event. Such rash actions most often end in loss. To make money, you need a systematic approach, so below we will consider different strategies.
Strategies for making money on bets
There are many different approaches to betting. Below we will look at how to make money using already proven strategies.
Value Betting
This approach is more suitable for those players who have been following a certain sport for a long time and are well versed in it. This will allow us to independently determine the favorite in the match.
The task of Value Betting is to find underrated events. For example, in the match between Bayern and Liverpool, the bookmaker believes that the German club is the favorite, so the coefficient for its passage in the Champions League is 1.5, but the British are outsiders, so their victory is estimated at 3.0.
However, if you conduct a detailed analysis, it turns out that Liverpool has a much better chance of winning than the bookmaker believes, which means that in this confrontation it is more profitable to bet on the English club.
Often, along with this strategy, an approach called flat is used. For all events, we always bet the same amount of bet for a long period of time. If the bank has increased significantly, for example, by 2 times, then the size of the bet can be increased. And in the case of a decrease in the bankroll, the player begins to bet less, thus, the probability of completely draining the capital is noticeably reduced.
Surebets
To use this approach, we need to register with several bookmakers at once. Our task is to bet on different outcomes of the same event at different bookmakers in such a way as to make a profit regardless of the result.
Among the advantages of arbitrage rates, one can note an almost guaranteed income, the only risk is that the company may refuse to pay out the winnings. It is by this method that those players who do not know how to qualitatively analyze events often make money on sports betting.
Dogon
One of the most aggressive strategies, which involves a constant increase in the size of the initial bet in case of a loss. For example, we bet 100 rubles and lost. Our task now is to win back the previous bet and earn.
For catch-up, the Martingale system is most often used. For the first time, this approach was used in a casino - if you lose, the size of the bet doubles. For example, we bet 100 rubles on black, if the bet is lost, we put 200 rubles next time. In case of victory, the amount of winnings will be 400 rubles - a net profit of 100 rubles. If you are not lucky, then next time we make a bet for 400 rubles and so on.
Martingale is also suitable for betting, since there are a lot of outcomes with odds of 2 or more. It is enough for us to select them and, in case of loss, constantly increase the bet size by half.
Is it possible to live off bets using only this strategy? Yes, it is easy for beginners if you follow a few rules:
- the size of the initial bet is very small, so that a series of defeats does not lead to a complete drain of capital, and we have a repeated opportunity to win back;
- choosing the outcomes in which you are most confident, you should not bet on each event with a coefficient of 2 without conducting preliminary analytics, so the likelihood of a protracted series of defeats will be minimized.
Other options for making money on bets
Not all players prefer to play fair. In search of a desire to rise at the expense of bets, they are ready to deceive bookmakers or other players.
Bonus hunting
Players register in different offices for the sake of a bonus. The deposit is given n-the amount of funds that must be placed under certain conditions. If you manage to win a certain number of times, then part of the funds can be withdrawn.
Among the disadvantages, it is worth noting that the size of the bonus is always equal to the amount of the initial deposit. In addition, such a promotion from the bookmaker is aimed at new players. Some users try to deceive the bookmaker and constantly register new accounts. However, if such activity is detected, all player accounts will be immediately banned without the right to withdraw funds.
Bookmakers' mistakes
When compiling the lines, the bookmaker may make a mistake, for example, by placing a high odd on the favorite of the match. Players are often tempted to take advantage of such an opportunity, but the office then removes this bet and returns the money to the player.
If you abuse this approach and deliberately bet only on such misunderstandings in the line, the bookmaker can completely ban the account.
Fixed games
Of course, fixed matches happen in sports, but information about them before the start of the confrontation is unlikely to be distributed on the Internet. This is how scammers try to make money by selling supposedly insider information about agreements.
In fact, bookmakers easily calculate such abnormal rates when a large number of people bet on high odds. After such cases, proceedings usually begin. Is it possible to make money on fixed matches? Definitely not.
Conclusion
We talked about the basic points that will help you figure out how to make money on betting. If you plan to earn income from betting, then find the best strategy for yourself based on your own knowledge of sports and the size of the initial capital. Use several strategies at once, the main thing is not to forget about our tips.
What do you think, is it possible to make money on sports betting if you use different strategies and a systematic approach? Share your experience in the comments.
We bring to your attention a selection of the most successful players who have achieved impressive results in sports betting. All five professionals have become famous for their approach to the game, analytical mindset and, of course, loud skids.
Tony Bloom
Bloom rose to fame through his successful poker game. It is called the "phenomenon" of poker. Tony Bloom's longtime friend gave him the nickname "lizard", claiming that cold alligator blood flows in Bloom's veins.
His first big win comes in 2004, when Bloom won the Australian Poker Championship, earning him around $320,000. Further more. The very next year, Bloom celebrated his victory at the London No Limit Hold'em Poker tournament. Believe me, he had something to treat his friends to: the prize money amounted to 351 thousand 400 US dollars.
Also, Tony Bloom was a member of the team from the UK, which managed to win the prestigious Poker Nations Cup tournament. The amount of his total winnings by 2008 was more than one and a half million dollars.
However, Tony Bloom's activities in gambling are not limited to poker, otherwise he would not be here. Many, I think, watched the film directed by D.J. Caruso "Money for two". Tony Bloom owns the exact same company, Star Lizard, which analyzes sports events, accepts money from wealthy investors and multiplies it on sports betting.
The minimum investment for a Star Lizard client is £2 million. The company makes bets on all the leagues of the world, placing them with Asian bookmakers that accept tens of millions of dollars for one big game, unlike large British companies. Tony Bloom's company employs mathematicians who develop algorithms for predicting outcomes, specialists in statistics, analysis of football trends and those who place bets. At the same time, less than 5 people in the company see the whole picture and know how much to invest and at what rates this or that analysis is carried out.
According to rumors, the fortune of Tony Bloom is more than 1 billion English pounds. What should an Englishman who loves sports and has money do? Own a football team. If Bob Vulgaris has not yet managed to fulfill his childhood dream, then in 2009 Tony Bloom became president of the Brighton & Hove Albion football club, which now plays in the Championship.
“I have been into football and cards since I was seven or eight years old. My interest in these two sports developed in parallel,” Tony Bloom repeatedly noted in interviews with various publications.
Joe Peta
We can say that Joe Peta began to bet on sports out of desperation. He was walking to work when he was hit by an ambulance. A few weeks after he returned to work in a wheelchair, the company fired him. Peta left Wall Street, but did not give up. It was this series of personal tragedies that began the journey from stockbroker to professional baseball bettor.
According to Peta himself, betting on baseball is much easier.
“Baseball games are easier to simulate. It's just a series of single confrontations. In American football, there can be many outcomes, but in baseball it is very difficult to go against the statistics. Randy Johnson has eliminated 34% of batters regardless of name or regalia."
The Joe Peta Model predicted how a team would perform in a season based on previous player performances and buffs teams had made. To develop it, he used the sabermetric research of Bill James, the father of this science. Sabermetrics is an empirical analysis of baseball, specifically baseball statistics, that measures in-game performance.
Maybe fate began to pay his debts, because in the first year of using this model, the profit was 41%.
“It's all about research. Hard work gives you an advantage over other players, which then starts working for you.”
In 2012, Peta's profit was only 13%, and he gave up sports betting.
“Profit for 2012 was 13 percent or $260,000. I agree that this is a tidy sum, but most of it belonged to investors. My share was at best 50 thousand. 23-year-old guys may be happy with so much money in their pockets, but you must admit that for a married 40-year-old man who has several children, this is not enough. I'm glad I was able to get this two year experience, but I don't belong in the world of betting anymore."
Joe Peta currently works as a Managing Director at the Novus consulting company.
Bob Vulgaris
Voulgaris' star was lit when he made a considerable fortune by taking advantage of the "holes" in the bookmakers' lines. Bookmakers at that time, determining the total points for each NBA game, simply divided it equally. Voulgaris immediately noticed this miscalculation and began to earn money, turning 80 thousand US dollars into one million in just two years.
However, the bookmakers covered up this “loophole” by starting to pay more attention to the lines.
As Voulgaris began to lose, he needed a revolutionary forecasting model that could provide unparalleled accuracy.
It took Vulgaris and his partner, the mathematician-programmer “Trickster”, about two years to do this. The model was named "Ewing" - in honor of the "Ewing theory", the author of which is considered the famous American journalist Bill Simmons.
“I don't want to brag, of course, but this program is the greatest achievement in the world of sports betting,” Voulgaris said.
In 2013, their lead over the bookmakers began to rapidly fade, and Voulgaris admitted that the winning streak could not last forever.
Now Voulgaris is fond of poker and continues to bet on NBA matches, but without the same passion. His dream is to become the general manager of an NBA team.
Bill Walters
Bill Walters is considered by many to be the biggest sports betting player in the world. He has a huge team of programmers who supply him with information, which he first analyzes and then starts betting. According to the bookmakers, he bets several hundred thousand US dollars every weekend.
Walters is also known for being the originator of the model, which used information to provide predictions for football matches. For this, by the way, he was charged with "illegal betting activities."
Of course, he did not bypass other gambling games. For example, in 1986, Bill Walters won the Amarillo Slim Poker Super Bowl. He also won $3.8 million playing roulette at a Las Vegas casino. Rumor has it that after that, the management of the gambling establishment sent the roulette to NASA so that space experts tried to find a flaw.
According to Bill Walters himself, the first time he lost a large amount of money in ten years.
“I saved up money delivering newspapers. I was ten years old. The grocery store owner in our town was a baseball fan. His name was Woody Branstedder and he was a fan of the Brooklyn Dodgers. I had about thirty dollars. I bet them all on the New York Yankees beating the Dodgers. It was a painful feeling of emptiness that appeared when I lost all the money, ”recalls Bill Walters.
Now it is difficult to imagine that this feeling will be repeated in him. Bill Walters owns six golf courses, which, by the way, he also enjoys, a hotel, several industrial enterprises and a lot of land.
“If you value something at ten dollars, then you need to buy it for eight and sell it for twelve. It doesn't matter if it's business or the last bet."
Vasu Shan
Vasu Shan, who was first revealed by Bleacher Report, literally lives off the money he wins from betting.
Vasu Shan spends eight hours a day working on various formulas that help him determine the rankings for football teams. If his calculations turn out to be wrong, the family suffers. Shan has a thirteen-year-old daughter, two sons preschool age and a pregnant wife. Agree that it is difficult to support such a family.
Vasu Shan turned pro at 35. At the beginning of the season, he usually makes 100 bets a week, in the order of £10,000 each. As his rating for the football season gets closer to the optimal mark, the amount of bets increases to 50 thousand pounds each.
“When you make a rating, you need to pay special attention to individual players. This is greatly hindered by the transitions of the players. When Angel di Maria moved to Manchester United, I had a lot of respect for Louis van Gaal's team. However, then she drew with Burnley, and I returned them to their original place. We need to stay sober and not overestimate the chances of a team that signs good players. Professional bettors have no room for error,” says Vasu Shan.
I won’t go on for a long time discussing the topic with the question: is it possible to make money on sports betting? The answer is yes, you can. You just need to understand that on average 3-5% of all players earn on bets, these figures are approximately commensurate with how many traders earn on the stock exchange.
How much can you earn on bets?
You can earn from 30 to 50% per annum. If you meet people / cappers who claim that they raise up to 1000 percent per year on easy and now you are happily rubbing your hands in the hope of making easy money, then I hasten to disappoint you with such a percentage of profitability does not happen. Believe me, if everything were so simple, then these people would never share any information with you, but would simply rest somewhere in Saint-Tropez and not worry about you, offering / forcing you to buy forecasts from them for a penny.
You can start earning on bets only if you are ready to give yourself completely to this business, devoting yourself to studying and testing various strategies. The worst thing that can happen to a player at the first stage is if he has several bets in a row. The player begins to believe himself too much, thoughts appear in his head: " Why did I go to work at all, if it's so easy to make money on bets?". As a rule, after that, the player makes a bet either all-in or for a very large amount, hoping for quick earnings and naturally loses everything. Absolutely everyone goes through this and this is a normal situation, the main thing is to draw the right conclusions and build your own strategy , which will allow you to earn on bets.
How to make money on sports betting?
As mentioned earlier, the player must build his own strategy. This strategy must include the following:
- Bank management. The player must determine the amount of money he is willing to invest in bets. The maximum bet size must also be determined, at the first stages it should not exceed 5%.
- Strategy "Dogon". Do not use the "catch-up" strategy, at least up to 1000 bets made, i.e. until you can objectively assess whether this strategy is right for you. Do not believe the beautiful stories that "catching up" is the only strategy for making money on sports betting. For novice players, this strategy should be called "quick draining of the deposit."
- Re-bet. Do not place 2 bets on the same event. For many, after a failed bet, the thought of a quick wagering appears in their head. It is better to take a break and analyze the failed bet, only after you are sure of the next bet - make it.
- Value Betting. It is quite difficult for beginners to find value bets, but they are the key to successful bets and one of the main factors that will allow you to earn money from distance bets. In order to find value bets, you need to focus on only one sport. Start your analysis not from the bookmaker's line, but from the event itself, i.e. no ratios shown. Set your own odds, then compare them with bookmakers. If you are sure that the bookmaker underestimated one of the athletes or one of the teams, then place a bet.
- sports prediction websites. There are many useful free sites with sports predictions in Runet. Treat them as recommendations, not as instructions for action. You should not buy sports predictions, their predictions are absolutely no different from free ones. If you do not have a capper whose advice you listen to, then you can focus on our independent "Rating of Cappers". It is located on the left side of this resource.
- Use different useful services . You don't have to buy anything, there are many useful free tools. For example: OddsPortal - comparison of odds from 80 bookmakers in pre-match and live, Oddsfair.net - bookmaker line loading, - live statistics for 32 sports. More free services for big earnings for sports are available in the "" section. Located at the very bottom of the page.
By following these requirements, the likelihood of success in terms of your earnings on bets will greatly increase. The main thing is to understand that this is a sport in which Barcelona can lose to an outsider.
Register and get a bonusWhat exactly NOT to do:
- Place bets on "after the goal". If for the first and second time the bookmaker forgives the player for a bet, the outcome of which was known to the player in advance, then for subsequent times the punishment will be cutting the maximums or blocking the account.
- Create multiple accounts.
- "Fork". The attitude of bookmakers to arbers is the same as to "after-dealers".
- Deposit money not from their bank cards and electronic wallets.
- Register a new account for your girlfriend, wife, mother, aunt or grandmother. If the player's account has been blocked, then in no case should you open it to women who do not understand betting. Since when you win and try to withdraw money, with a high probability the bookmaker will ask you to go through identification. In which he will begin to ask what exactly was motivated by this or that bet, how does P1 differ from P2?
Is it really possible to make money on bets?
Summing up this article, which described how much you can earn on bets and how to do it. It must be said that bets are suitable only for those who are not just fond of sports, but approach betting with all seriousness and awareness. Gambling people will not be able to make money on bets; in this matter, you need to weigh your every action. Often there is a situation in which a player earns a whole month on a bet, and then within a day he manages to drain the entire bank.
