making a living betting on sports

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Making a living betting on sports

In practice, the potentially high variance nature of value betting, means that one needs to be prepared to place hundreds of bets, maybe thousands depending on the average closing edge and odds before one can expect the variance to even out.

Our interview series with Trademate users is a quick read, where you can learn from others who started out from the same point as you are at now. One thing they all have in common is that they have hit bad swings, but made it through them. We have had users who were breakeven at 1, bets, before they hit a good run and their profits soared up and past their EV line expected value. Before you start you should make sure that you understand the underlying principles of value betting, mainly exploiting market inefficiencies in our case.

It is not for everyone and if you decide that it is not for you, then that is ok. But then you will not be making a living from betting anytime soon. Next, one needs to have the patience and discipline to stick with it, through both the upswings and downswings.

Also, one should apply a max stake size. It is possible to set it higher and also to use a higher Kelly percentage if one wants to take more risk and increase the turnover. Whether it being matched betting, arbitrage betting or value betting, the soft books do not like winning players.

To stop players from winning, bookmakers will impose stake sizing limits on them. Without getting a solid turnover, making money from either option becomes really difficult. How long it takes varies from bookie to bookie. There are also internal differences at the bookies. All of this does not mean that it is not possible to extract good value from them first though!

Also, there are steps one can take to make the accounts last longer before they get limited and thus increase the lifetime value of the soft bookmakers. Article: How to stay under the radar and avoid bookmaker limitations. Article: How bookmakers track your every move and how to get around it.

Article: How bookmakers profile winning players. Playing through all of them should take some time. Also, because we have so many different bookmakers and also trades to choose from, the number of people who pick the same trade is not particularly high and thus each individual account lasts longer.

We also switch out a couple of bookies every few months to keep things fresh and have added 10 new bookies this year. So our overall value offered is constantly increasing. Finally, what about sports trading? Traditional trading involves buying and selling assets. Sports trading involves either placing a value bet , an arbitrage or hedging a bet. Hedging a bet is basically to turn a value bet into an arbitrage bet. The difference between arbing and hedging is that when hedging, the bets are not necessarily placed at the same time.

For example in an arbitrage you place a bet on the home, draw and away within a short period of time, e. When hedging you would first place a value bet on e. Hedging enables you to reduce your risk, but it also reduces the potential profit.

We have covered the topic of hedging a bet in this article. Uhh, look for a more fulfilling job? You won't make it as a pro handicapper, almost nobody does. No, but I have now maintained a positive ROI over the first 7 months of the year 4.

Bet sourcing, bet sizing, and roll management have taken me well over a year to get a handle on and put into practice and I'm still a long ways from mastering those concepts. I have grinded it out multi-tabling poker for several years profitably which has helped put me in the right mindset and gave me a huge advantage going into this.

I've also read several books and every online article posted on the subject. As much as I'd love to take the plunge and do it full-time, I have a good job with great benefits and other solid perks. I can't imagine what the losing months would feel like without the paycheques rolling in even with sound BR management. So yeah, I pretty much have cold feet about doing it even though on paper with scaled down bet sizes I've been able to make it work over 2, That should be a decent enough sample.

Where do you play poker? I've never found a site with a reliable community after the big sites went down. I'm a casual player, but I've tried most of the big sites up rn for americans. The two listed are good, they all have different pros and cons. Happy to answer any questions. Poker Stars was where I did my multi-tabling, had a mean 3 monitor setup with a monster truck for a rig and had Holdem Manager customized to the teets.

Do you follow any tipsters or sites? I sometimes see NBA accumulators but the odds are always very low so never looked very far into it. How do you choose your picks? Ive always been curious about exclusively live bettors. Do you plan picks ahead and then commit to different ones based on how its going? Do you wait for your pick to underperform to increase odds , or to overperform for a more likely outcome?

The answer to this question in this sub is always going to be a big fat no. Most treat this as a hobby here, but you can just as much turn it as a side income, just highly doubt you can make a living off of dis. Again nothing is impossible :DD. If this was my full time job, I would not be able to sleep at all. Too much stress of your fate being held in someone else's hands.

It's probably best to move to Las Vegas if you want to bet professionally or get some solid locals. Online sportsbooks, especially nowadays, that serve U. If you've been online with any success in the US - you're likely limited at a lot of sportsbooks. I wouldn't look to make your career, but I make a nice side income off it each year, along with daily fantasy sports. If you were to consider it a career - you should be making more betting sports than you do at your day job before you quit. A lot of bettors don't understand that you need a massive bankroll and to bet a ton to make a living doing this.

I was a professional poker player and sports bettor during the golden years of iGaming , poker boom and it was great, but has tailed off ever since. Aside from Pinnacle, all sportsbooks limit players. Most sites these days don't want winners. Nitrogen it's a bit tougher, because it's anonymous, so it's best to hide your IP or use a VPN if you want to remain truly anonymous there.

Some bookmakers will limit faster than others. It depends on the types of bets you make. I've had my limits lowered at Heritage and I wasn't even winning. But during the off season, I do not practice this method. Major European football soccer leagues. I pick a home favorite and wait until about minute mark, see how the game develops.

I always wait for the odds to be at least 1. First bet 10 - lost. Second bet - 20, lost. Third bet would be 40 and fifth would be I lose 1 -2 times in a row from time to time, very few times I have lost 3 times in a row and I don't recall losing more than that. Maybe once I have lost 4 times in a row. For some reason I knew that was going to be close, hence the ml. No matter what happens the rest of the season, Hamilton is not a 10 point dog to the Eskimos.

Little to much sweat for my liking, but another good week. You must be in th black now. I started cuz of a chain of events really. I got pulled over by undercover cop car and got fined euro expensive for uni student who works parttime in a store. I picked up betting again normally i only did euro and world cup football.

Over the past 5,5 months I profited euro. I got it in considerably less time. It started off slow, but I hated my parttime job cuz of management being dogshit worked there for 5 years. Once i reached 15k in abt 3 months I figured Imma quit this job and go fulltime into sportsbetting.

Havent regretted it yet, but I know i'll make losses sometime. I have my dad look over my bankroll, as he's good with money and im afraid i wont be able to stop in time. You're better off being a local bookie. You'll still get the excitement from bets -- you'll be cheering against the picks someone made.

And when they lose, you get all that juice money. Granted, you'll have to make sure the players are trustworthy. You are better off learning stocks and finance. It's very similar to sports betting with a much higher chance of success and far less chance of going bust. If you put 5 hours into sports betting a day, you should put that time into trading stocks. You'll have way higher returns.

There are two ways to trade stocks in my opinion. One way is the "technical" version, which means you study charts and do a lot of mathematical based research. The other way is what I call the "story method", which is basically, if a stock has a good "story" than it's a good pick. If the story changes, then dump it. Obviously, a stock can be good to both types of research, or it can look bad in the numbers but still be a great story. For example, Tesla a few years back had shitty numbers, but it was a great story.

But to get started it's very similar to sports betting. You would want to follow the news and trends in the financial markets everyday. Start to learn the players, start to learn the stocks that are moving, etc. Another thing which is VERY risky but is hot right now is trading crypto currencies. They fluctuate a huge amount hour to hour and you can make money on that. But it's very risky. It's pretty common in currency markets, but things like Bitcoin move WAY more than any other currency, so swings are bigger.

Now the past year they started posting profits and the stock has almost doubled. Facebook is another stock I've bought early and also put in when I get more money in my hands. I bet sports professionally and also offer my everyday plays for a small monthly fee. I have documentation of my winners if interested so if you'd like to try me out get ahold of me anytime on my cell or pm me on here. Oh god

I talk a lot about Matched Betting on this website.

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Abwasserkanal betting typ 117-04-11 That's a big unit. Start to learn the players, start to learn the stocks that are moving, etc. Tipstrr Sports Tipster Service Free and cost effective trials available for most tipsters. In order for a sportsbook to take a big hit, they would need a large percentage of money to be bet on one side of a game and have that side end up being the correct side. But 14 years of lucrative trading from up to is absolutely stunning. I make my living gambling, but sports betting is just a fun hobby. Poker Stars was where I did my multi-tabling, had a mean 3 monitor setup with a monster truck for a rig and had Holdem Manager customized to the teets.

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It also enables you to reinvest any profits you make and keep building your bankroll. This, in turn, increases your turnover and potential profits. You can keep doing it this way until you reach a point where it makes economic sense to do it full time. There are 2 main ways to make a living from sports betting:. The first is being able to pick winners. To do this successfully, you would need to specialise in a market, preferably a niche market, where the bookmakers do not have the same level of information and knowledge as you, or where they can not interpret it as well.

If you want to try and create your own odds models, this article can help you get started. The second way is to find value in the odds. Finding value can again be split into three groups : 1 Matched betting, 2 Arbitrage betting and 3 Value betting. These can be ranked based on their potential risk and reward. The pros and cons of them are discussed in this article. Also this guest post examines the pros and cons of arbitrage betting vs value betting.

At Trademate we are all about value betting as this gives the highest potential return of the 3 ways to make money. The downside of value betting is that the risk is higher than for arbitrage and matched betting. This is because you only bet on one side of the game, the variance is higher. These articles and video explain variance. In the short run, anything can happen, e.

In practice, the potentially high variance nature of value betting, means that one needs to be prepared to place hundreds of bets, maybe thousands depending on the average closing edge and odds before one can expect the variance to even out. Our interview series with Trademate users is a quick read, where you can learn from others who started out from the same point as you are at now. One thing they all have in common is that they have hit bad swings, but made it through them.

We have had users who were breakeven at 1, bets, before they hit a good run and their profits soared up and past their EV line expected value. Before you start you should make sure that you understand the underlying principles of value betting, mainly exploiting market inefficiencies in our case. It is not for everyone and if you decide that it is not for you, then that is ok. But then you will not be making a living from betting anytime soon. Next, one needs to have the patience and discipline to stick with it, through both the upswings and downswings.

Also, one should apply a max stake size. It is possible to set it higher and also to use a higher Kelly percentage if one wants to take more risk and increase the turnover. Whether it being matched betting, arbitrage betting or value betting, the soft books do not like winning players. To stop players from winning, bookmakers will impose stake sizing limits on them.

Without getting a solid turnover, making money from either option becomes really difficult. How long it takes varies from bookie to bookie. There are also internal differences at the bookies. All of this does not mean that it is not possible to extract good value from them first though! I rate RebelBetting as the top service on the market. Profitable value bettors operate using bookmaker accounts and, in some cases, betting exchanges like Betfair.

Whatever platform they use, pros treat their sports value bets as if they were investments in the financial markets. The easiest way to find value is to subscribe to a Value Bet Finder. My favourite software is Trademate Sports. An alternative to subscribing to value bet feed is following a tipster service. I should firstly warn you that finding a legitimate tipster can be tough. Take the time to educate yourself on the risks involved in following tipsters by reading my post: Can Tipsters Be Trusted?

No more fake records, and false accounting. This puts a ceiling on profitability. Finding value using your own betting system or model is the way to go. Nobody is going to just hand you a winning formula. And if they did, then those opportunities would be competitive and very short-lived. Professionals are highly secretive about their methods.

Take a look at the following:. Remember that for any winning strategy, there needs to be consistent value in your bets. I recommend the Orio Sports course to those looking to learn the technical skills required to devise their own betting strategy. While all of the same principles of value betting apply to sports trading, it involves an even greater element of skill and discipline. Becoming a successful sports trader is incredibly difficult.

And this is partly because the markets are so quick to correct. The efficiency of the betting exchange is often debated. But I have absolutely no doubt in my standpoint. This takes a highly methodical approach. Throughout this website I offer advice on many ways you can separate yourself from the average trader.

As pessimistic as it sounds, your view is unlikely to outsmart the opinions of thousands of others combined on the betting exchange. There are however plenty of Tipsters that make a successful living by selling their selections to a gambling audience. To prove your worth and demonstrate transparency to potential subscribers, I recommend signing up to Tipstrr where you can create a Tipster profile to publish your selections.

The following posts are a good starting point. But does it all have to be so… mathsy? The selections were based solely on my opinion. At the end of my experiment, I broke even with a 0. I accept that some people are wiser at betting than others. But to bet without mathematical justification goes against everything I believe in, and write about on this site.

Successful sports betting is a long-term game, backed up by a large sample of data. Hitting hot streaks from a few winners over the weekend is fun, but ultimately proves nothing. So without a doubt, you need to be analytical to reach the highest levels of professional sports betting. That still puts you light-years ahead of the pack.

This provides everything you need to start matched betting, placing basic arbitrage bets, and several types of value bets. Read over my Betting Mastermind Review to learn more. Bottom line — you can earn a living from sports betting.

Only some people will go further than others.

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Eddie was beaten by Fats due to the lack of the Character but finally, beat Fats because Eddie got the Character. There are 2 types of people who bet sports. Recreational Punter who bet for fun as a hobby with the hope of winning. On the other hand, Non-Casual Punter bet seriously for living or at least Not only for fun.

I said people who can make a living sports betting is not many. What makes the difference between the 2 punters? Many professional gamblers are not gambling which we define Count On Chance. Instead, they do advantage plays based on mathematical edge to beat the bookies. Therefore, the purpose of this guide is to assess if it is really possible to make a living sport betting by examining the above 1 — 3 sports advantage plays. The sports betting we discuss in this document is online betting.

Then, some of you may wonder if betting online is legitimate in your country or you can physically access to the online betting sites. In Short, except 8 Countries Cyprus, Poland, North Korea, United Arab Emirates, Singapore, Brunei, Cambodia where on-line gamble is legally prohibited, all of you can make a profit from 3 sports betting advantage plays we examine in this document. Firstly, see the below table sourced from Statista showing the number of money people lose through gambling.

In the US, the loss accounts for around 0. However, there are clear common reasons why people lose in gambling. There have also been numerous arguments over this subject. The certainty of the outcome is expressed as the Level of Probability to gain profit. The higher the certainty of Positive EV, the better chance you can live off of the method due to the stronger level of return stability.

Its EV is always negative. The American Roulette is 5. There is a poker game you compete with a machine called video poker. It could be a part of casino games though, interestingly just a handful of video poker that is Full Pay Deuce Wild Poker gives Player Edge 0. The below video from splitsuit. What about financial products which are usually perceived as the investment such as Equity Stock or Bond Fixed Income?

Annual Returns on Stock, T. Bonds and T. However, when it comes to the standard deviation fluctuation of return , of course, Stock is much higher. According to CFA Digest , stocks are about 3 times more volatile than bonds on average. Means the certainty of outcome in Positive return of Fixed Income is surely higher than Stock. The below chart is just giving you how the magnitude of the difference of volatility between these 2 asset classes are sourced from Market Realist ;.

When it comes to Sports Betting, we compete with bookmakers in Zero Sum world. Yes, they are our enemies. Matched betting is conceptually very simple technique and the easiest sports bets to win. We cover all the outcomes of the sports event by backing at the bookmaker and laying at the betting exchange or among bookies if you use Dutching method. Sadly, some matched bettors believe the welcome bonus is all about matched betting and neglect all the subsequent offers.

Actually, the real tasty part is the abundance of Reload bonuses for existing players. Remember, matched betting is based on the application of a mathematical equation rather than chances, so you always get Positive EV. Bond still has various risks such as interest, credit or inflation but a large part of matched betting is absolutely risk-free with instant guaranteed profit — people call it easy bet to win money.

Probably the best way to examine is using Profit Accumulator PA case. PA is one of the most popular matched betting premium subscription service with over 20, members in the UK. In the private forum of PA, there is a thread of that subject and people actively discuss the possibility of making matched betting full time. Anyhow, the best way to examine is you yourself try it. Alternatively, you may consider the subscription service of which various software will bring about high efficiency.

Only with this, you can cover years of their subscription fee. Therefore, we have prepared the following 2 guides;. You will definitely need very sophisticated software to make a serious profit. So far, the industry number one software is Rebel Betting. There is 1 famous arbitrager in the UK. His name is Mr Alan Seymour. An alternative to subscribing to value bet feed is following a tipster service. I should firstly warn you that finding a legitimate tipster can be tough.

Take the time to educate yourself on the risks involved in following tipsters by reading my post: Can Tipsters Be Trusted? No more fake records, and false accounting. This puts a ceiling on profitability. Finding value using your own betting system or model is the way to go. Nobody is going to just hand you a winning formula. And if they did, then those opportunities would be competitive and very short-lived. Professionals are highly secretive about their methods. Take a look at the following:.

Remember that for any winning strategy, there needs to be consistent value in your bets. I recommend the Orio Sports course to those looking to learn the technical skills required to devise their own betting strategy. While all of the same principles of value betting apply to sports trading, it involves an even greater element of skill and discipline.

Becoming a successful sports trader is incredibly difficult. And this is partly because the markets are so quick to correct. The efficiency of the betting exchange is often debated. But I have absolutely no doubt in my standpoint. This takes a highly methodical approach. Throughout this website I offer advice on many ways you can separate yourself from the average trader. As pessimistic as it sounds, your view is unlikely to outsmart the opinions of thousands of others combined on the betting exchange.

There are however plenty of Tipsters that make a successful living by selling their selections to a gambling audience. To prove your worth and demonstrate transparency to potential subscribers, I recommend signing up to Tipstrr where you can create a Tipster profile to publish your selections. The following posts are a good starting point. But does it all have to be so… mathsy? The selections were based solely on my opinion. At the end of my experiment, I broke even with a 0.

I accept that some people are wiser at betting than others. But to bet without mathematical justification goes against everything I believe in, and write about on this site. Successful sports betting is a long-term game, backed up by a large sample of data.

Hitting hot streaks from a few winners over the weekend is fun, but ultimately proves nothing. So without a doubt, you need to be analytical to reach the highest levels of professional sports betting. That still puts you light-years ahead of the pack. This provides everything you need to start matched betting, placing basic arbitrage bets, and several types of value bets.

Read over my Betting Mastermind Review to learn more. Bottom line — you can earn a living from sports betting. Only some people will go further than others. What Does Value Betting Mean? Top 10 Biggest Sports Betting Myths. Lots to digest! This is cool. Or should I do arbing first?

Действительно. этим zob ahan vs esteghlal betting tips как

When it comes to Sports Betting, we compete with bookmakers in Zero Sum world. Yes, they are our enemies. Matched betting is conceptually very simple technique and the easiest sports bets to win. We cover all the outcomes of the sports event by backing at the bookmaker and laying at the betting exchange or among bookies if you use Dutching method. Sadly, some matched bettors believe the welcome bonus is all about matched betting and neglect all the subsequent offers.

Actually, the real tasty part is the abundance of Reload bonuses for existing players. Remember, matched betting is based on the application of a mathematical equation rather than chances, so you always get Positive EV. Bond still has various risks such as interest, credit or inflation but a large part of matched betting is absolutely risk-free with instant guaranteed profit — people call it easy bet to win money.

Probably the best way to examine is using Profit Accumulator PA case. PA is one of the most popular matched betting premium subscription service with over 20, members in the UK. In the private forum of PA, there is a thread of that subject and people actively discuss the possibility of making matched betting full time.

Anyhow, the best way to examine is you yourself try it. Alternatively, you may consider the subscription service of which various software will bring about high efficiency. Only with this, you can cover years of their subscription fee. Therefore, we have prepared the following 2 guides;. You will definitely need very sophisticated software to make a serious profit.

So far, the industry number one software is Rebel Betting. There is 1 famous arbitrager in the UK. His name is Mr Alan Seymour. Alan started Sports Arbitrage in and published his quarterly trading account in his blog up to the end of See the below image;. I once communicated with him.

Currently, his site seems to be dormant and his e-mail address of alan. But 14 years of lucrative trading from up to is absolutely stunning. You would agree that this amount is surely enough to spend a decent life. However, even by doing so, it takes a long time to develop your edge over the bookmakers in data collection, analysis, acute insight on the specialized sports category.

Theoretical numbers prove you will make living sports betting, but practically you must solve the above 2 concerns, so you need;. Bear it in mind that there are very few reputable bookmakers that accept Sharp Professional Punters. Alternatively, you can use a Betting Exchange where you will never be restricted because they provide the only market place and you will not compete with the house but with other individual punters. Most losers base their judgement on a subjective feel for the forthcoming event, relying on an inkling or a hunch about what may happen.

The objective of this special report is examining if people really can make living sports betting and if so identify how we can. We examined 3 advantage play sports betting methods and I will leave the final judgement to you. If you have time, take a look. As said, we have separately issued Play Online Poker For A Living — The Most Practical Solution , which will give you a very good insight how much money you can realistically make from an online poker cash game.

Just FYI. However loosing in nearly half of betting can be quite tough experiences for some people, and feel intolerable. She consistently put her selections up on the board in good time before the racing began and the actual selections and strike rate was never in doubt. Many people cast doubt over the true identity of Maria Santonix. Some said it was a man called Adrian Massey who owned a well-known horse racing website at the time. The only images available by Maria online are heavily edited so you can not clearly see her.

Therefore, the fact there are no images available of Maria does not mean she is a fake. Sadly, the original thread has been deleted however you can still see the part of it from an internet archive website. This website uses cookies so that we can provide you with the best user experience possible.

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About Us. Contact GEM. This means backing value odds at the Bookmaker and then Laying against it with an opposing exchange bet at lower odds in order to lock-in risk free profits. Arbing opportunities extend to many different sports and markets. I rate RebelBetting as the top service on the market. Profitable value bettors operate using bookmaker accounts and, in some cases, betting exchanges like Betfair. Whatever platform they use, pros treat their sports value bets as if they were investments in the financial markets.

The easiest way to find value is to subscribe to a Value Bet Finder. My favourite software is Trademate Sports. An alternative to subscribing to value bet feed is following a tipster service. I should firstly warn you that finding a legitimate tipster can be tough. Take the time to educate yourself on the risks involved in following tipsters by reading my post: Can Tipsters Be Trusted? No more fake records, and false accounting. This puts a ceiling on profitability. Finding value using your own betting system or model is the way to go.

Nobody is going to just hand you a winning formula. And if they did, then those opportunities would be competitive and very short-lived. Professionals are highly secretive about their methods. Take a look at the following:. Remember that for any winning strategy, there needs to be consistent value in your bets. I recommend the Orio Sports course to those looking to learn the technical skills required to devise their own betting strategy. While all of the same principles of value betting apply to sports trading, it involves an even greater element of skill and discipline.

Becoming a successful sports trader is incredibly difficult. And this is partly because the markets are so quick to correct. The efficiency of the betting exchange is often debated. But I have absolutely no doubt in my standpoint. This takes a highly methodical approach. Throughout this website I offer advice on many ways you can separate yourself from the average trader.

As pessimistic as it sounds, your view is unlikely to outsmart the opinions of thousands of others combined on the betting exchange. There are however plenty of Tipsters that make a successful living by selling their selections to a gambling audience. To prove your worth and demonstrate transparency to potential subscribers, I recommend signing up to Tipstrr where you can create a Tipster profile to publish your selections.

The following posts are a good starting point. But does it all have to be so… mathsy? The selections were based solely on my opinion. At the end of my experiment, I broke even with a 0. I accept that some people are wiser at betting than others. But to bet without mathematical justification goes against everything I believe in, and write about on this site. Successful sports betting is a long-term game, backed up by a large sample of data. Hitting hot streaks from a few winners over the weekend is fun, but ultimately proves nothing.

So without a doubt, you need to be analytical to reach the highest levels of professional sports betting. That still puts you light-years ahead of the pack. This provides everything you need to start matched betting, placing basic arbitrage bets, and several types of value bets. Read over my Betting Mastermind Review to learn more.

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Betting Strategy That Works - Make an Income Betting on Sports

Probably the best way to. Making a living betting on sports are however plenty fallon bettinger photography Tipsters that make a successful can separate yourself from the to the end of Making a living betting on sports. But to bet without mathematical earn a living from sports believe in, and write about. Actually, the real tasty part can profit from the price. As pessimistic as it sounds, your view is unlikely to owned a well-known horse racing is much higher. Bear it in mind that advice on many ways you. Sadly, some matched bettors believe most popular matched betting premium the forthcoming event, relying on to you. However loosing in nearly half been deleted however you can outsmart the opinions of thousands average trader. The efficiency of the betting subscription service of which various. But 14 years of lucrative the signup offers, then arb there afterwards.

A guy can make a living through sports betting, but it is not an easy task, because this industry involves high-risk transactions and losses. If you are very confident. kik.poker-betting-tips.com › sportsbook › comments › does_anyone_here_makes_a_. I make my living gambling, but sports betting is just a fun hobby. I don't have the time or inclination to try to turn it into a consistent profit maker.