How to make a living off sports betting
Quit your day time job and sports bet. Is this possible? Well some people are doing it and they are making a good living out of it. You can find them on twitter, instagram, and all them other social media sites. They are making $100,000 + a year. They are out partying, traveling, buying expensive toys and just living the life. They sit back, watch sports and enjoy life. Lets take a look on how you can do this. First of all, do you watch sports? If so then keep reading. I am pretty sure you have played fantasy football or just making random bets with your friends on your favorite team. Do you think you can predict 60% of the time who will win a game? I mean you can close your eyes, throw up a coin and have the coin pick your games for you. However, that only will give you 50% win in the long run. Lets try to get that number higher. Now there are always sports games going on everyday of the week. You got hockey, baseball, basketball, football and many others. You have college and professional. You pick 1 game for the day that you are sure that team will win. Doesn’t sound hard right? Well it really isn’t. However, if you bet Money line which means straight up bet, you will not win as much money on the game. The hard part of sports betting is betting ATS (Against the spread). Now for all the sports games that are going on that day, do you think you can find a game that will cover the spread? I am pretty sure your saying to yourself yes. Well with research on the teams and trends you might be able to get that up to 55%. If you also add recognizing lines(spreads) for the game and having a betting strategy it will get you up to 60%. Where can you bet? Well you can bet in Reno, Las Vegas, Atlantic City. You can go online and bet at Betonline http://www.betonline.com/ Bovada http://www.bovada.com/ Now lets talk numbers. If you have a $50,000 bank roll you can make a good living betting 5% of your bankroll on every game.
$50,000 BR @ 5% = $2500 per bet
- $2500 gets you $2272 on average
- 365 days of the year @ 65% = 237 winners (+$538,464) and 128 losers (-$320,000) = +$218,464 net profit
- 365 days of the year @ 60% = 219 winners (+$497,568) and 146 losers (-$365,000) = +$132,568 net profit
Well for most of us that are starting out we don’t have the $50,000 bank roll. Lets make it $5,000 and see where that takes us.
$5,000 BR @ 5% = $250 per bet
- $250 gets you $227 on average
- 365 days of the year @ 65% = 237 winners (+$53,799) and 128 losers (-$32,000) = +$21,799 net profit
- 365 days of the year @ 60% = 219 winners (+$49,713) and 146 losers (-$36,500) = +$13,213 net profit
Lets just say you won’t quit your day job for the $5,000 BR but its a good start to getting a feel for how things work. However, when you get up to $50,000 BR you are living the life. You are your own boss and can travel while making money by placing bets over your cell phone. You can make a living off anything in today’s society so why is sports betting any different. Go build your bankroll and treat sports betting like a business and you will succeed. Good luck!