Can you earn money with sports betting?

©PA

How can you realize your goal of becoming a professional sports weather specialist?

Most sports weather, which can live on your tips, does not rely on luck, but on an evaluation of the probability of winning and whether the odds are in proportion to it. This means that there is no point in blindly betting on the favourite, as the favourite can also lose and the odds are often very low. You should not only look at the league table, but also pay attention to so-called fear opponents, against whom your chosen team has often lost. You should also check if important players are injured or suspended. Even the weather can have an influence on the outcome of the game. The odds are the most important thing to consider. If the odds are lower than the expected probability of occurrence in the long run, you will make losses.

Mental skills

Many make the mistake of betting on their favorite teams. A professional player does not do this. He works without any emotions and always sticks to his personal strategy. Emotions have no place in professional betting and endanger your success. For example, it can come to frustrated bets or you try to make up the loss with violence. This can quickly lead to ruin and is no basis for successful betting.

Tips for future betting professionals

Do not play combination bets. It may be tempting to win large sums of money with just a few euros, but there is a lot of luck involved in such a tip on live betting. Besides, a professional player does not rely on his luck, but on his knowledge and skills. Professional sports bettors rely on so-called "value bets" and play them as single bets. I recommend splitting the betting balance and never bet more than 5% of your balance. If you follow these rules, with a little patience and practice a nice profit can be made.

Value Bet:

"Value" describes the value of a bet and if it is financially worthwhile to place the bet. A small example of this: If the top team FC Bayern Munich is in good form against the bottom of the table with odds of 1.40, Bayern would have a very attractive odds. However, if the runner-up in the table, in the case of Dortmund, were to compete against Bayern and get odds of 5.0, then a bet on Dortmund would be value in the case of Dortmund, since the second could easily beat the first. This means you always have to estimate the risk in relation to the odds.

My conclusion for all interested sports weather

Having long-term success with sports betting is possible, but anything but easy.

The important thing is that you have to have a lot of discipline and not give up after first failures. Furthermore, you should find a strategy that suits you and set up some basic rules that you have to follow. It is best to attach a piece of paper with the rules to your PC so that you always have them in mind. Watch and follow sports and thus acquire the necessary knowledge. Unfortunately, it remains to say that very few people manage to earn a living with sports betting. The majority of people are tempted to make risky bets because they lack patience and are tempted by quick money.

But maybe you are one of the few who have what it takes to be a professional player.

What could be better than turning your hobby into your profession? I wish you much success and good profits.

1Discount