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How To Make Money Sports Betting - Business - Nairaland

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How To Make Money Sports Betting by saad13542: 4:54pm On Jul 20, 2021
If you want to know how to make money sports betting, you’re probably already a sports fan.
I have bad news for you – most sports fans lose money sports betting.
That’s because they have biases and prejudices toward and against teams that wouldn’t exist if they weren’t fans.
In other words, it’s hard to make money sports betting unless you’re objective about the teams’ odds.
But if you’re a fan who can set aside these notions, you can probably win money sports betting.
This post introduces some ideas you need familiarize yourself with to pull off this feat:
You Must Understand Some Math to Make Money Sports Betting
Some people might be confused by that, thinking that if they win 50% of their bets, they should break even.
And anything above a 50% win ratio should result in profits, right?
Wrong.
While it’s true that most bets have a 50% probability of winning based on the point spread, the bookmakers make you wager $110 to win $100. (You’ll sometimes run into books which want you to risk $120 to win $100, and you’ll also find some that want you to risk $105 to win $100.)
If you’re losing half the time, but you’re losing more money than you’re winning the other half of the time, you’re going to lose money in the long run.
Imagine if you place 2 bets, winning one and losing the other.
You win $100 on the bet you won, but you lose $110 on the bet you lose, which leads to a net loss of $10.
And that’s just the beginning of the math you need to understand to make money sports betting.
Soccer
Soccer is as popular in thai as football is in the thailand. In fact, we should ask our thai readers to forgive us for not using the word “[url=https://mgwin8.co/%e0%b9%81%e0%b8%97%e0%b8%87%e0%b8%9a%e0%b8%ad%e0%b8%a5/]แทงบอล[/url]” in its more common international meaning ⁠— thailand, soccer is called football in most parts of the world. Moneylines, goal lines, and totals are all popular bets for soccer.

Don’t Buy Picks
Here’s the problem with buying sports picks:
The people selling these picks are usually no better at picking winners than you are.
Companies that sell sports betting picks are called tout services. They have an interesting history.
I have a friend who worked for a tout service in Las Vegas back when they still used call centers and 900 numbers to sell their picks. He explained to me one of their strategies with their customers, which I’ll share with you below:
In a room full of touts over the phone, half the room would sell picks on one side of a game.
The other half would sell picks on the other side of the game.
This would result in half their customers winning each week, while half their customers would lose.
If any of the losers called to complain – and they often did – they’d give them a free pick on the Monday night football game.

Re: How To Make Money Sports Betting by Bigredmachine: 5:06pm On Jul 20, 2021
Nobody gets rich through betting, however u can get more richer and richer through betting...
Re: How To Make Money Sports Betting by jospepper(m): 5:53pm On Jul 20, 2021
saad13542:
If you want to know how to make money sports betting, you’re probably already a sports fan.
I have bad news for you – most sports fans lose money sports betting.
That’s because they have biases and prejudices toward and against teams that wouldn’t exist if they weren’t fans.
In other words, it’s hard to make money sports betting unless you’re objective about the teams’ odds.
But if you’re a fan who can set aside these notions, you can probably win money sports betting.
This post introduces some ideas you need familiarize yourself with to pull off this feat:
You Must Understand Some Math to Make Money Sports Betting
Some people might be confused by that, thinking that if they win 50% of their bets, they should break even.
And anything above a 50% win ratio should result in profits, right?
Wrong.
While it’s true that most bets have a 50% probability of winning based on the point spread, the bookmakers make you wager $110 to win $100. (You’ll sometimes run into books which want you to risk $120 to win $100, and you’ll also find some that want you to risk $105 to win $100.)
If you’re losing half the time, but you’re losing more money than you’re winning the other half of the time, you’re going to lose money in the long run.
Imagine if you place 2 bets, winning one and losing the other.
You win $100 on the bet you won, but you lose $110 on the bet you lose, which leads to a net loss of $10.
And that’s just the beginning of the math you need to understand to make money sports betting.
Soccer
Soccer is as popular in thai as football is in the thailand. In fact, we should ask our thai readers to forgive us for not using the word “[url=https://mgwin8.co/%e0%b9%81%e0%b8%97%e0%b8%87%e0%b8%9a%e0%b8%ad%e0%b8%a5/]แทงบอล[/url]” in its more common international meaning ⁠— thailand, soccer is called football in most parts of the world. Moneylines, goal lines, and totals are all popular bets for soccer.

Don’t Buy Picks
Here’s the problem with buying sports picks:
The people selling these picks are usually no better at picking winners than you are.
Companies that sell sports betting picks are called tout services. They have an interesting history.
I have a friend who worked for a tout service in Las Vegas back when they still used call centers and 900 numbers to sell their picks. He explained to me one of their strategies with their customers, which I’ll share with you below:
In a room full of touts over the phone, half the room would sell picks on one side of a game.
The other half would sell picks on the other side of the game.
This would result in half their customers winning each week, while half their customers would lose.
If any of the losers called to complain – and they often did – they’d give them a free pick on the Monday night football game.
I love how you analyzed it.
Re: How To Make Money Sports Betting by Victor8st: 12:03pm On Oct 10, 2021
Sports betting is an important business in which I am also involved. I found your article quite interesting because I am now collecting information and valuable tips to try it out for myself. I'm sure I can give you effective methods and recommendations which I've been using for more than a year and have had success. This recommendation contains several sports picks that lead to success almost immediately. Try it, and you'll see what I mean.
Cheers!
Re: How To Make Money Sports Betting by qwirnex: 5:34pm On Oct 20, 2021
Personally for me it was not very difficult to find the best and most reliable bookmaker with the biggest odds. After reading reviews from real users I chose https://theaminaprofile.com/fr/ and I was right. There is everything from license to big tournaments and bonuses, I can safely recommend.
Re: How To Make Money Sports Betting by Easylife2020(m): 12:22am On Dec 07, 2022
Take it or leave it! ... Sport betting is govern by the demons.

Whether you are operating betting shop or you are the customers that bet in the shop or online, your destiny has be given to the devil to destroy and that's the fact.

The devil who is the destiny killer, will lure u to sport betting and will allow you to win in order to cage down ur destiny (Gambling addiction) and make sure your mind is been taken away from God purpose for your life.

Crazy enough, devil will not allow you to stop betting and he will make sure you waste years and miss God plans for your life.

What the devil does is that he will always give you new strategies or ideas to use anytime you loose so that you will keep betting, he keep doing this until he totally destroy your life. (Don't forget that it's thesame devil that will give you a cap and later collect the cap back including your whole head)

If you are already into sport betting please stop it now for your own good. There's demonic forces attached to sport betting. You can't escape it, ...they are destiny killer!

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