View Full Version : Is there money to be made by sports betting
Manny98
02-24-2021, 10:38 PM
I consider myself pretty knowledgeable on the game of basketball and I just curious if anyone here has made decent profit on betting on sports
Like I was looking at some of the bets and it seems easy money if you know basketball like Lebron scoring more than 21 points tonight or Gobert getting more than 10 rebounds which are both very likely to happen
BigKobeFan
02-24-2021, 10:47 PM
I consider myself pretty knowledgeable on the game of basketball and I just curious if anyone here has made decent profit on betting on sports
Like I was looking at some of the bets and it seems easy money if you know basketball like Lebron scoring more than 21 points tonight or Gobert getting more than 10 rebounds which are both very likely to happen
If u have the world sports almanac
Patrick Chewing
02-24-2021, 10:47 PM
Try it man. I bet on a few NBA games a night. Small bets. But I’m turning a profit.
Overdrive
02-25-2021, 01:25 AM
I consider myself pretty knowledgeable on the game of basketball and I just curious if anyone here has made decent profit on betting on sports
Like I was looking at some of the bets and it seems easy money if you know basketball like Lebron scoring more than 21 points tonight or Gobert getting more than 10 rebounds which are both very likely to happen
Used to do combination bets on the daily games. Betting 1€ each. 10€ a day. Usually made a profit of around 20€ a day sometimes would hit 2 or 300€ bets, but it became to unpredictable for me tbh.
MrFonzworth
02-25-2021, 06:39 AM
Yup most on ISH would be good at it. Wouldn't recommend it though as it's a gateway to addiction
That'd be ridiculous if you bet your life on it
Thorpesaurous
02-25-2021, 10:13 AM
I've been a pretty serious gambler for 25 years. Betting frequently makes it difficult to win. The vig you have to pay out means you have to win at 55 to 60 percent. So it's always been my theory to save your money for a game you really like and go heavy on it.
I for example spread a bunch of money around on the Super Bowl. I had Tampa Bay winning on the money line, which got me about 120 for every hundred I bet, and the under. But then I spread a bunch of money around on prop bets, mostly longer shot MVP bets on defensive players from Tampa, a Mahomes MVP bet as a hedge, and a few other things, and wound up giving almost all my big money winners back.
I admittedly have not gotten into the online gambling world. Where I am in CT it's still not legal, which I know I can work around with a VPN, but that's a lot of work when I have a guy I can go to for the type of stuff I do anyway, single game things, playoff series. I know there may be bigger efficiency holes than I'm used to. I have a buddy who swears that the second half lines are wildly out of whack and there's a lot of money to made there. Basically the team with the lead is given a big number because, well ... they've been better, but then there's always a comeback, or they lay off later. the underdog is winning that bet at a pretty big rate apparently. It makes sense that the houses haven't figured out some of these numbers yet as they're really new bets without a ton of history, and they have to come up with these numbers so quickly. At the same time you've got to make decisions on those things pretty quickly as well.
ItsMillerTime
02-25-2021, 10:41 AM
There's definitely money to be made, but you have to be disciplined. Been gambling pretty heavily since it became legal in Indiana. There are several reputable sportsbooks in my area so the competition is fierce and they like to throw out promos to entice you. Take advantage of all the promos you can.
I'm not making astronomical money or anything but it has been enough to pay for a family vacation last year and my upcoming Vegas trip this year. NFL is my favorite sport to bet on.
FultzNationRISE
02-25-2021, 01:26 PM
There's definitely money to be made, but you have to be disciplined. Been gambling pretty heavily since it became legal in Indiana. There are several reputable sportsbooks in my area so the competition is fierce and they like to throw out promos to entice you. Take advantage of all the promos you can.
I'm not making astronomical money or anything but it has been enough to pay for a family vacation last year and my upcoming Vegas trip this year. NFL is my favorite sport to bet on.
:roll: :roll: :roll:
tpols
02-25-2021, 01:42 PM
I have a fanduel account with like 1200 dollars in it from gambling NFL mostly. I've won some off basketball too. You've got to look for value bets. Like when Golden State played Brooklyn a couple weeks ago... Brooklyn was at like -180 odds or something, basically light favorites when they should've been heavy favorites. And of course they won and I made ~70+ bucks off a 100 dollar bet. Another favorite strategy of mine is if you see a favorite go down early in a 1st quarter, watch the line. It will move as people panic sell, and some start to bet the underdog. But the big favorite usually wins. I remember I think it was a Packer game where they went down by a little bit to the Bears and the line went from like -300 to -200 pretty quick. Hopped on that and won a value bet with a significantly bigger payout than someone else would've got betting from the start.
FreezingTsmoove
02-25-2021, 02:13 PM
If you bet a dollar on the Mavs, Nets, Knicks, Grizzlies, Nuggets, and Bucks winning tonight in a parlay you can win $34. Take that $34 and do the same parlay bet the next day and you can be up $1167. Take that $1167 and do the same 6 team parlay bet again and you can be up $40,000 . All in 3 days off 1 dollar. Just picking who is going to win a game
ItsMillerTime
02-25-2021, 02:17 PM
If you bet a dollar on the Mavs, Nets, Knicks, Grizzlies, Nuggets, and Bucks winning tonight in a parlay you can win $34. Take that $34 and do the same parlay bet the next day and you can be up $1167. Take that $1167 and do the same 6 team parlay bet again and you can be up $40,000 . All in 3 days off 1 dollar. Just picking who is going to win a game
If only it were that easy.
hateraid
02-25-2021, 02:37 PM
Fund your own addiction. I've had several friends ask for loans of $1000 or more. The track record is not so good
Although I do have a friend that sports bets as a main source of income and he does fairly well. ($80,000 to $100,000 a year). He has no attachment to any team and he's like a sports almanac. Be extremely knowledgeable and unbias. Have a side hustle PT that has a good base like bartending or stay at home work.
ZenMaster
02-25-2021, 03:59 PM
Not really, unless you are very knowledgeable on a specific league/sport don't expect to make any money in the long run.
Betting should only be for fun, so don't hesitate to set an honest weekly or monthly deposit limit before you start.
Don't ever bet more than you can afford to lose, it will stress you out.
Here's something that should be cardinal rule of yours: Never ever bet a parlay or any other kind of combination bet, it will be luring because of the multiplier, but your ROI drops significantly. I've only ever heard of one or two gamblers who made substantial profits in the long run while doing parlays. I don't who came up with these names for various combination bets, but it was someone smart, kind of like "99 cents" for retail.
Most good bettors are good at finding upsets, but it requires more patience and you have to be cool with seeing a lot of red coupons.
I've worked for multiple sportsbooks and another might be on the horizon, feel free to ask anything specific.
highwhey
02-25-2021, 04:37 PM
If you bet a dollar on the Mavs, Nets, Knicks, Grizzlies, Nuggets, and Bucks winning tonight in a parlay you can win $34. Take that $34 and do the same parlay bet the next day and you can be up $1167. Take that $1167 and do the same 6 team parlay bet again and you can be up $40,000 . All in 3 days off 1 dollar. Just picking who is going to win a game
wat site lets u do this parlay?
Overdrive
02-25-2021, 05:35 PM
Not really, unless you are very knowledgeable on a specific league/sport don't expect to make any money in the long run.
Betting should only be for fun, so don't hesitate to set an honest weekly or monthly deposit limit before you start.
Don't ever bet more than you can afford to lose, it will stress you out.
Here's something that should be cardinal rule of yours: Never ever bet a parlay or any other kind of combination bet, it will be luring because of the multiplier, but your ROI drops significantly. I've only ever heard of one or two gamblers who made substantial profits in the long run while doing parlays. I don't who came up with these names for various combination bets, but it was someone smart, kind of like "99 cents" for retail.
Most good bettors are good at finding upsets, but it requires more patience and you have to be cool with seeing a lot of red coupons.
I've worked for multiple sportsbooks and another might be on the horizon, feel free to ask anything specific.
I strictly did combination bets. Of course it's harder to guess, but it basically went like this: 1€ on all favourites, rest different combinations up to 9€ and 1€ on all underdog wins.
I almost never missed all of the bets. A full favourites win is very rare in the NBA and you'd usually lose money here. Usually you hit one slip with 2 to 4 ousider wins which nets you 5 to 15€. Sometimes you hit more and take home some hundred euros.
Highest win was 632€ off of 1€ from 10 combi bets.
Always had strict rules:
If I lose twice I don't bet for the ongoing month.
If I hit 100€+ also.
Never let emotion guide you.
Never bet under 6 games per evening.
I honestly don't advocate gambling even if it might seem like it. Aside from the addiction factor it also might push you into some bad company.
tpols
02-25-2021, 05:39 PM
If you bet a dollar on the Mavs, Nets, Knicks, Grizzlies, Nuggets, and Bucks winning tonight in a parlay you can win $34. Take that $34 and do the same parlay bet the next day and you can be up $1167. Take that $1167 and do the same 6 team parlay bet again and you can be up $40,000 . All in 3 days off 1 dollar. Just picking who is going to win a game
So that means you're betting on 18 games where each team is the favorite.
Even if it were an unheard of 80/20 split chance of each favorite winning, the chance they ALL win is .8^18. Which is .018.
Meaning you have a 98.2% chance that strategy fails.
ZenMaster
02-25-2021, 06:01 PM
I strictly did combination bets. Of course it's harder to guess, but it basically went like this: 1€ on all favourites, rest different combinations up to 9€ and 1€ on all underdog wins.
I almost never missed all of the bets. A full favourites win is very rare in the NBA and you'd usually lose money here. Usually you hit one slip with 2 to 4 ousider wins which nets you 5 to 15€. Sometimes you hit more and take home some hundred euros.
Highest win was 632€ off of 1€ from 10 combi bets.
Always had strict rules:
If I lose twice I don't bet for the ongoing month.
If I hit 100€+ also.
Never let emotion guide you.
Never bet under 6 games per evening.
I honestly don't advocate gambling even if it might seem like it. Aside from the addiction factor it also might push you into some bad company.
I think you're talking about system bets, I'd sure as he'll hope that you don't miss most of your bets when including favorites.
In the long run you also lose more on these compared to single bets.
I think if you were as successful as it sounds like on your bets, you wouldn't have such strict rules for yourself to not make bets, instead you'd have fat stacks on your account like this guy https://www.espn.com/blog/playbook/dollars/post/_/id/2935/meet-the-worlds-top-nba-gambler
FKAri
02-26-2021, 12:18 AM
If I was knowledgeable and current on sports enough to profit from gambling on it then I'd have to reevaluate what I'm doing with my life. But then again, I post on ISH almost every day.
Being knowledgeable on sports isn’t the main reason why you would win bets. There are a ton of factors one has to research. And the one thing no one can predict is flat out...luck. It’s ruined people who brag about how much they are up in betting. It’s not easy but people who brag about how much they are up, never being in the negative you need to turn a deaf ear too. And I’m not bashing them but betting isn’t that simple. They made a profit already in games you didn’t. So to think the games you bet on will hold the same results is silly. And everyone who has made a profit hit a rough streak. Don’t let anyone tell you otherwise. Sifting thru replies I think Thor made the best point in that you should pick one game and bet big on a game you really like.
tpols
02-26-2021, 08:27 AM
Being knowledgeable on sports isn’t the main reason why you would win bets. There are a ton of factors one has to research. And the one thing no one can predict is flat out...luck. It’s ruined people who brag about how much they are up in betting. It’s not easy but people who brag about how much they are up, never being in the negative you need to turn a deaf ear too. And I’m not bashing them but betting isn’t that simple. They made a profit already in games you didn’t. So to think the games you bet on will hold the same results is silly. And everyone who has made a profit hit a rough streak. Don’t let anyone tell you otherwise. Sifting thru replies I think Thor made the best point in that you should pick one game and bet big on a game you really like.
Thats the worst thing you can do. You can look it up anywhere, you never bet more than 5-10% of your bank roll. Betting big is how people eventually lose everything in one fell swoop. You have to slowly work upwards, and take a break if you hit a rough stretch. Thats why Casinos make money... people keep making big bets riding the high until they lose one and now theryre back to square one, and eventually in the negative.
ItsMillerTime
02-26-2021, 08:40 AM
Thats the worst thing you can do. You can look it up anywhere, you never bet more than 5-10% of your bank roll. Betting big is how people eventually lose everything in one fell swoop. You have to slowly work upwards, and take a break if you hit a rough stretch. Thats why Casinos make money... people keep making big bets riding the high until they lose one and now theryre back to square one, and eventually in the negative.
This.
I spend about 1-2 hours daily researching what I like, then sprinkle $5 - $15 on my picks. Some of my favorite websites to research on:
https://kenpom.com/
https://www.teamrankings.com/nba/trends/ou_trends/
http://www.nflsavant.com/
https://www.sportsbookreview.com/
https://www.oddschecker.com/us/
ZenMaster
02-26-2021, 11:18 AM
Being knowledgeable on sports isn’t the main reason why you would win bets. There are a ton of factors one has to research. And the one thing no one can predict is flat out...luck.
What a bunch of gibberish. No one can predict luck, no shit, that's why you want to be knowledgeable within whatever event you're betting on. You're likely to be just as lucky/unlucky as anybody else, so over time your good decisions and knowledge cuts through whatever luck or unluck you might have had. Looking at this from a professional point of view, it's called variance and not referred to as being lucky or unlucky, you simply experience variance.
Yeah no luck in sports betting. Gotcha.
The best thing about gambling threads from my experience is everyone is an expert. Everyone is making good money. It’s hilarious. Especially people who feel they are knowledgeable and very well just may not be as knowledgeable as they think. People are full of themselves.. Gamble at your own risk. Expect to lose. If you can handle that then Godspeed
Patrick Chewing
02-26-2021, 12:15 PM
Placed a bet on a Megan Anderson (+750) upset of Amanda Nunes (-1400) at UFC 259.
Megan towers over Nunes and has a punchers chance. Nunes has never fought a woman of Megan's size.
FultzNationRISE
02-26-2021, 12:23 PM
This.
I spend about 1-2 hours daily researching what I like, then sprinkle $5 - $15 on my picks. Some of my favorite websites to research on:
https://kenpom.com/
https://www.teamrankings.com/nba/trends/ou_trends/
http://www.nflsavant.com/
https://www.sportsbookreview.com/
https://www.oddschecker.com/us/
Do you call the sports books and tell them theyre a bunch of misogynistic white supremacists who arent paying fair share and are disrespecting the memory of George Floyd?? Do you tell them they deserve covid just like the rest of America for not taking it as seriously as you and Bill Gates want them to??
Are you going “full intelligent” on gambling like you do with everything else?
hateraid
02-26-2021, 12:54 PM
Do you call the sports books and tell them theyre a bunch of misogynistic white supremacists who arent paying fair share and are disrespecting the memory of George Floyd?? Do you tell them they deserve covid just like the rest of America for not taking it as seriously as you and Bill Gates want them to??
Are you going “full intelligent” on gambling like you do with everything else?
Lol, ouch
hateraid
02-26-2021, 12:57 PM
Yeah no luck in sports betting. Gotcha.
The best thing about gambling threads from my experience is everyone is an expert. Everyone is making good money. It’s hilarious. Especially people who feel they are knowledgeable and very well just may not be as knowledgeable as they think. People are full of themselves.. Gamble at your own risk. Expect to lose. If you can handle that then Godspeed
I agree. The people who probably have sustained a true living hit 1 big bet and managed the supplement their habit. The majority of sports betors I know are constantly trying to hit me up for $1000 on a sure thing. It's a small percentage that anyone can become a success at it.
ZenMaster
02-26-2021, 01:24 PM
Yeah no luck in sports betting. Gotcha.
The best thing about gambling threads from my experience is everyone is an expert. Everyone is making good money. ItÂ’s hilarious. Especially people who feel they are knowledgeable and very well just may not be as knowledgeable as they think. People are full of themselves.. Gamble at your own risk. Expect to lose. If you can handle that then Godspeed
No you obviously didn't get me, I said that luck can go both ways and that it does, so from the pov of making money in gambling it's referred to as variance and something that's out of your control.
E.g you can have a 40% chance of winning a bet and win 10 times in a row, and you can have 60% chance of winning a bet and lose 10 times in a row. All that stuff can happen in any way imaginable, and if you bet enough, chances are that it will at some point.
You're right that there's a lot of people giving bad advice about parlays or betting in general, making it sound like easy money to make when it's not, but that's not me. I work with this stuff, can't disclose exactly what I do out of fear of getting doxxed, but I'm an expert on player behavior within gambling, no BS.
Overdrive
02-26-2021, 07:23 PM
I think you're talking about system bets, I'd sure as he'll hope that you don't miss most of your bets when including favorites.
In the long run you also lose more on these compared to single bets.
I think if you were as successful as it sounds like on your bets, you wouldn't have such strict rules for yourself to not make bets, instead you'd have fat stacks on your account like this guy https://www.espn.com/blog/playbook/dollars/post/_/id/2935/meet-the-worlds-top-nba-gambler
Being knowledgeable on sports isn’t the main reason why you would win bets. There are a ton of factors one has to research. And the one thing no one can predict is flat out...luck. It’s ruined people who brag about how much they are up in betting. It’s not easy but people who brag about how much they are up, never being in the negative you need to turn a deaf ear too. And I’m not bashing them but betting isn’t that simple. They made a profit already in games you didn’t. So to think the games you bet on will hold the same results is silly. And everyone who has made a profit hit a rough streak. Don’t let anyone tell you otherwise. Sifting thru replies I think Thor made the best point in that you should pick one game and bet big on a game you really like.
I was successful because of the strict rules. I avoid the rough stretches GOBB describes because I end betting the moment it doesn't work out twice or I win enough.
The biggest problem about gambling is when people don't know when to stop. If you win you got what you wanted. It would be retarded to reinvest. If you lose stay away, you'd dig yourself into a bigger hole if you keep on losing.
FultzNationRISE
02-26-2021, 07:50 PM
I was successful because of the strict rules. I avoid the rough stretches GOBB describes because I end betting the moment it doesn't work out twice or I win enough.
The biggest problem about gambling is when people don't know when to stop. If you win you got what you wanted. It would be retarded to reinvest. If you lose stay away, you'd dig yourself into a bigger hole if you keep on losing.
This doesn't make sense unless you only gamble once in your life. Gambling two days apart or two weeks apart does not affect your odds of winning or losing on aggregate. If you win a hundred bucks, you have the same odds of losing it or doubling it on your next bet, whether it's placed 15 minutes later or 3 weeks later.
So he's right, you would only need rules for spacing out the timing if you're losing, to make sure you lose less money over time. If youre winning it would be immaterial.
warriorfan
02-26-2021, 08:19 PM
Sports betting is pretty difficult. Vegas with their spooky accurate odds and the vig make it a hell of a grind. Vegas is good but no one is perfect though...as some posters have already stated, it’s best to sit and wait while watching carefully for a good game. Once you find it, hammer it hard. Live betting can be interesting too. A lot of the time they will give huge odds for comebacks when it’s not that much of a stretch, like when one team is up a good amount but have caught all the breaks in the game up to that point. I’ve always had the most success with football.
Parlays are sucker bets but they are still fun to mess around with every once in awhile.
Overdrive
02-26-2021, 08:30 PM
This doesn't make sense unless you only gamble once in your life. Gambling two days apart or two weeks apart does not affect your odds of winning or losing on aggregate. If you win a hundred bucks, you have the same odds of losing it or doubling it on your next bet, whether it's placed 15 minutes later or 3 weeks later.
So he's right, you would only need rules for spacing out the timing if you're losing, to make sure you lose less money over time. If youre winning it would be immaterial.
The limit are the funds. Even if it's in your favour you might go on a losing streak. It's not like NBA games are random events. They used to be fairly predictable, doesn't mean you couldn't lose and get your funds taken away. I'm sure with infinite money you could make quite some money betting on NBA games.
warriorfan
02-26-2021, 08:34 PM
The limit are the funds. Even if it's in your favour you might go on a losing streak. It's not like NBA games are random events. They used to be fairly predictable, doesn't mean you couldn't lose and get your funds taken away. I'm sure with infinite money you could make quite some money betting on NBA games.
This is a big part of it, not just sports betting but gambling all together.
Vegas wins because they have the biggest banks. Meaning they can ride out the toughest of cold streaks and have enough bankrolling that eventually things will regress towards the mean.
scuzzy
02-26-2021, 09:38 PM
Nadda
Your winnings is just capital on the next game. The real juice is the highs and lows.
Been grinding halftime spreads on/off since those Poker sites exploded back around 2007, regardless how much played it always broke even. Vegas lines are too consistent and they hire the best. Online forums with thousands actively sharing info cant break em. If they could we'd all be rich but then there would be no fun because without the lows of losing you stop experiencing the euphoria from the highs of winning
The only winners are people like my dad who trip to Vegas once a year, go with $1000 limit and walk away up $300 or down $300 in Blackjack. It's just cards with play money, there's no squirts of dopamine and no rush. Whether he wins $300 or loses the $1000 the feeling is always the same. Some people can just enjoy an 8ball once a year.
Stanley Kobrick
02-26-2021, 09:51 PM
never been a gambler but if i were to bet on sports i would go to showgun for advice
ZenMaster
02-27-2021, 02:07 AM
The limit are the funds. Even if it's in your favour you might go on a losing streak. It's not like NBA games are random events. They used to be fairly predictable, doesn't mean you couldn't lose and get your funds taken away. I'm sure with infinite money you could make quite some money betting on NBA games.
Of course you'd be able to make money if you had infinite money to bet, you could always just double your next bet after loosing. You're not the first to think of this, a French guy came up with this as a betting strategy many years ago. https://corporatefinanceinstitute.com/resources/knowledge/trading-investing/martingale-strategy/
What you could do is take whatever amount of money you have, split it up into small units of 1% each and then have a strict system for how many units you can put down per bet depending on the odds levels - bankroll management.
ArbitraryWater
02-27-2021, 07:43 AM
From the start of the 2019 USO until 2 months ago, I made +14 K (after historical loss of -6 before), since dropped down to 8, but one match short of 5 K coming in (would be my 2nd biggest win ever).
But yea, like 98% of gamblers lose long term.
I bet football, basketball and tennis.
ArbitraryWater
02-27-2021, 07:46 AM
Last night taking the Raptors, Clippers and Warriors, more than doubled your money (2.26), all hit, but still missing a leg in footy.
tpols
02-27-2021, 10:56 AM
This doesn't make sense unless you only gamble once in your life. Gambling two days apart or two weeks apart does not affect your odds of winning or losing on aggregate. If you win a hundred bucks, you have the same odds of losing it or doubling it on your next bet, whether it's placed 15 minutes later or 3 weeks later.
So he's right, you would only need rules for spacing out the timing if you're losing, to make sure you lose less money over time. If youre winning it would be immaterial.
It does though. Momentum is a powerful thing and when you're on a losing streak it's likely to continue. You'll be more rash in your decisions, emotional, basically enter fight or flight mode trying to dig out but it's quick sand. Step back. Breathe. And evaluate. What he said is absolutely true.
No you obviously didn't get me, I said that luck can go both ways and that it does, so from the pov of making money in gambling it's referred to as variance and something that's out of your control.
E.g you can have a 40% chance of winning a bet and win 10 times in a row, and you can have 60% chance of winning a bet and lose 10 times in a row. All that stuff can happen in any way imaginable, and if you bet enough, chances are that it will at some point.
You're right that there's a lot of people giving bad advice about parlays or betting in general, making it sound like easy money to make when it's not, but that's not me. I work with this stuff, can't disclose exactly what I do out of fear of getting doxxed, but I'm an expert on player behavior within gambling, no BS.
I follow you now sir. And my bad lumping you in a group. Defiantly don’t want you to get doxxed.
ArbitraryWater
02-27-2021, 12:25 PM
It does though. Momentum is a powerful thing and when you're on a losing streak it's likely to continue. You'll be more rash in your decisions, emotional, basically enter fight or flight mode trying to dig out but it's quick sand. Step back. Breathe. And evaluate. What he said is absolutely true.
Thats true.
We are too emotional and want to quickly get money back, leading to bigger risks and taking bets we normally wouldn‘t.
Besides expertise and discipline, the biggest factor in winning or not is pay roll.
With no pay roll you make accumulators. Long ones. All the time.
Also known as a suckers bet.
Bookies make money off those all. day. long.
ItsMillerTime
02-27-2021, 03:36 PM
Been on a roll lately with college basketball, looking forward to March Madness. Tend to stay away from the NBA lately after getting burned earlier in the season.
coin24
02-27-2021, 07:26 PM
I do well betting on nrl, (Aussie mud hut rugby:oldlol:)
Most games is easy to pick a winner, own line, and an anytime try scorer. Usually triple your money.. multi / parlay I think it’s called there
Nba betting, this season is too hard to pick games usually. Never been a fan of the over/under etc.been staying away from it so far
baudkarma
03-02-2021, 07:35 PM
I consider myself pretty knowledgeable on the game of basketball and I just curious if anyone here has made decent profit on betting on sports
Like I was looking at some of the bets and it seems easy money if you know basketball like Lebron scoring more than 21 points tonight or Gobert getting more than 10 rebounds which are both very likely to happen
Sure, there's money to be made in sports gambling. But of course way more people lose than win. Start out small, or maybe even don't even bet real money. Give yourself say, $1000 imaginary dollars and start writing down wagers. Track which bets win and which ones lose, and adjust your "bankroll" accordingly. You'll probably find that while you're pretty knowledgeable, the bookies in Vegas know a whole hell of a lot more than you do.
Doomsday Dallas
04-08-2021, 05:38 PM
I have been betting for over 5 years and realized that bets cannot be a means of earning, only because your potential earnings depend on luck.
I totally agree with you. I believe that if you have connections with the teams, then betting can definitely be profitable. For example, my friend sponsors 3 football teams in my city. For a couple of years, he knows the outcome of the match even before the match starts, that is, in other words, he decides how the team he sponsors should play and how many goals it should concede. Regardless, apart from that, he plays at the voltlunchbox.com (https://www.voltlunchbox.com/pkv-games/) casino where he also raises huge amounts of money. So, gambling can be a decent permanent form of earning.
Serious robot action.
hemeneh
04-14-2021, 08:56 PM
Oh I agree
hemeneh
04-14-2021, 08:56 PM
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Manny98
04-14-2021, 09:03 PM
I guess the word "betting" in the thread title attracts robots :oldlol:
AKA_AAP
04-14-2021, 09:54 PM
Is there money to be made by sports betting
Without going deep into the rabbit hole, the answer is yes. But not for any of the reasons anyone has posted so far. Actually, there was one post that I skimmed through last week that did mention something that was +EV for sports bettors...it was in regards to promos. I know a handful of sports gamblers that do well and it has nothing to do with luck. It involves knowing a lot of bookies, comparing lines, hedging, taking advantage of promos, etc. The one downside is constantly getting banned for being an AP, and getting stiffed or delayed paid by bookies. There's also another angle to making money in sports betting, and it has nothing to do with betting...
Patrick Chewing
04-15-2021, 10:41 AM
Clean up this shite board, Jeff. Too many spam bots.
Anyway, I'm down like 2 grand over the last couple of weeks. Been losing left and right. Heavily relying on the next UFC PPV to recoup my losses.
FKAri
04-15-2021, 01:23 PM
Clean up this shite board, Jeff. Too many spam bots.
Anyway, I'm down like 2 grand over the last couple of weeks. Been losing left and right. Heavily relying on the next UFC PPV to recoup my losses.
What'd you lose big on?
Patrick Chewing
04-15-2021, 02:20 PM
What'd you lose big on?
Bet heavily on Gonzaga and Houston.
It is said that the welfarefan also uses his stimulus cheques to provide lump sum payments towards the guys he would lose to (which he usually does) in this type of betting. A very cunning individual indeed.
ArbitraryWater
04-16-2021, 06:28 AM
just bet Fognini..
the guy is a cash cow.
https://i.gyazo.com/4b66a26f30228ecc2732cb8a70ce2c37.png
https://i.gyazo.com/60c342d83210e2ce191c297b6870049e.png
https://i.gyazo.com/66e0f9774a4520e12c5a416c92c848bc.png
today he's again at 2
PistolPete
04-29-2021, 03:48 PM
Put $200 on the 49ers drafting Kyle Pitts
AKA_AAP
04-29-2021, 05:31 PM
Put $200 on the 49ers drafting Kyle Pitts
Good luck. What odds did you get?
PistolPete
04-29-2021, 05:49 PM
Good luck. What odds did you get?
Not feeling so hot about the bet now after the Aaron Rodgers news, however the odds have lowered since I placed the wager. It was at +2200 when I placed it, down to +1700 now, so you never know.
RoseCity07
05-17-2021, 09:56 AM
I'd say I win most of my NBA bets but it's really hard to make a living off it with a small bankroll. I think the only sure way to always win is to arbitrage.
ItsMillerTime
05-17-2021, 11:51 AM
74-55 in NBA since I started keeping track on Action Network. +29 units
Not making crazy money or anything but it's a nice lil hobby.
ArbitraryWater
05-17-2021, 03:34 PM
Pacers at 2 against Boston is juicy
Too lazy to read the comments prior but what app can we use that's best for this? Fanduel or?
Kinda wanna do it for fun. I think it'll become an addiction though.
Manny98
06-01-2021, 03:48 PM
I am going to dab my feet into sports betting starting next season when the football season starts in August
Sports that i watch are..
Football (Soccer)
NBA
Boxing
UFC
NFL (Only watch the Superbowl)
So i am going to start betting on the sports above come August, not looking to make serious money but if i can make a little extra pocket money off sports betting that would be great!
Manny98
06-01-2021, 03:50 PM
Too lazy to read the comments prior but what app can we use that's best for this? Fanduel or?
Kinda wanna do it for fun. I think it'll become an addiction though.
i heard Bet365 is the best one
hemeneh
06-02-2021, 08:49 PM
I don't think so.
hemeneh
06-03-2021, 03:21 AM
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I think gambling is better
This depends whether you have cash or not. Otoh, there are guys like the welfarefan who would use stimulus cheque/money to pay huge amounts of dividends towards every guy he lost his bettings to but there are times where his balance becomes negative, which only means he has to loan some funds from his naughty neighbors by persuasion. And when he doesn't pay them in time, they would immediately throw big dirty stones on the decrepit windows of his shoebox-sized apartment but they'll stop once he had enough, by threatening them with his pistol gun (which in actuality is a water-powered one).
Thorpesaurous
06-03-2021, 10:03 AM
This is my favorite time of year for gambling. NBA playoff series, with the opportunity to hedge individual games. I do well on the NBA playoffs every year.
TraceyMills
06-18-2021, 05:23 AM
It seems to me that there are much safer ways to make money now. Why make first installments or have the chance that you will lose your money if you can make money online without all these risks? Like guys, at least try to earn money on online games remotely (http://yourmoneygeek.com/apps-that-pay-you-money/). It is my second source of income as it is both safe and fun. If you are interested in how much I earn, this is about 4-5 thousand dollars per month, while I spend only 2-3 hours a day on games. Think about my proposal, because here you do not lose anything like in sports betting. Good luck to everyone and improve your financial condition
Spurs m8
06-18-2021, 05:49 AM
It seems to me that there are much safer ways to make money now. Why make first installments or have the chance that you will lose your money if you can make money online without all these risks? Like guys, at least try to earn money on online games remotely (http://yourmoneygeek.com/apps-that-pay-you-money/). It is my second source of income as it is both safe and fun. If you are interested in how much I earn, this is about 4-5 thousand dollars per month, while I spend only 2-3 hours a day on games. Think about my proposal, because here you do not lose anything like in sports betting. Good luck to everyone and improve your financial condition
Get ya gash out
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06-26-2021, 08:30 AM
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paksat
07-04-2021, 10:15 AM
So that means you're betting on 18 games where each team is the favorite.
Even if it were an unheard of 80/20 split chance of each favorite winning, the chance they ALL win is .8^18. Which is .018.
Meaning you have a 98.2% chance that strategy fails.
that was just utter stupidity by that guy, idk what he is even thinking
BUT he is a big racist so it doesn't surprise me, he's got a thing against white people.
Gohan
07-04-2021, 10:20 AM
that was just utter stupidity by that guy, idk what he is even thinking
but he is a big racist so it doesn't surprise me, he's got a thing against white people.
is that being racist or is that just being scarred for life cause of white people? Ill take the latter
Manny98
08-26-2021, 06:29 PM
Ok so I have finally made a Bet365 account
Put £5 on Liverpool beating Chelsea on Saturday
If they win I get £12.25 so a light £7.25 profit
Wish me luck on my first bet :rockon:
Won't start betting seriously till the NBA season starts again
Manny98
08-26-2021, 07:09 PM
Bet £10 on Man U beating Wolverhampton so I could potentially double my money if both teams win
Manny98
08-30-2021, 05:14 AM
Well I have made profit over the weekend :applause:
If I had more money to play with I could make a living off this
ArbitraryWater
08-31-2021, 04:29 PM
Bet £10 on Man U beating Wolverhampton so I could potentially double my money if both teams win
this was the play last weekend
https://i.gyazo.com/16f2f1965a50caf718da2f63360bbf39.png
United was a good one too
https://i.gyazo.com/c00fbcd0bdbc4fd002bb7b0c41894f91.png
Manny98
08-31-2021, 05:35 PM
this was the play last weekend
https://i.gyazo.com/16f2f1965a50caf718da2f63360bbf39.png
United was a good one too
https://i.gyazo.com/c00fbcd0bdbc4fd002bb7b0c41894f91.png
Damm so you made like 650 Euros in one weekend, Nice!
I don't have that money to play with yet so I am going to stick with small bets for the time being
ArbitraryWater
08-31-2021, 06:37 PM
Damm so you made like 650 Euros in one weekend, Nice!
I don't have that money to play with yet so I am going to stick with small bets for the time being
remember though, its not a viable income option...
only play with money you have on the side. that you can lose.
because sometimes you hit home runs and others it all ****s up.
im a pretty small % that is right around 0% wins/losses.
overall the thrills are the action.
baudkarma
11-16-2021, 05:42 PM
I consider myself pretty knowledgeable on the game of basketball and I just curious if anyone here has made decent profit on betting on sports
Like I was looking at some of the bets and it seems easy money if you know basketball like Lebron scoring more than 21 points tonight or Gobert getting more than 10 rebounds which are both very likely to happen
Just out of curiosity, I went and checked the box score for that Lakers-Jazz game. LeBron finished with 19 pts, and Gobert had 9 rebounds. So... seems easy money, but could be deceptive.
ArbitraryWater
11-16-2021, 05:51 PM
todays W
https://i.gyazo.com/5479a087a8fb9535f97dfa677bd3f26a.png
https://i.gyazo.com/b758e83f5c36a31de22fe9ac825547d2.png
Bronbron23
12-03-2021, 07:41 PM
There's a good ticket tonight. Warriors -4 and bron over 23 pts. Phoenix coming off back to back with no booker and warriors are rested and at home. Bron always comes back with a pep in his step after rest plus they're playing their town rival so brons gonna be motivated. Easy money.
There's a good ticket tonight. Warriors -4 and bron over 23 pts. Phoenix coming off back to back with no booker and warriors are rested and at home. Bron always comes back with a pep in his step after rest plus they're playing their town rival so brons gonna be motivated. Easy money.
Lakers lost tho. It seems kong's return hasn't changed things for his team yet.
Bronbron23
12-04-2021, 09:52 AM
Lakers lost tho. It seems kong's return hasn't changed things for his team yet.
That's cool. I won my bet. That's all i really cared about anyway. Plus you'd have to an idiot to bet on lakers. They look terrible atm
ArbitraryWater
12-11-2021, 10:18 AM
Last night was kinda crazy.
The Nets were solid underdogs against the Hawks at 2.3, not really sure why...
I didn't get out with too much though, since I also solo'd the Mavs pretty hard.
BurningHammer
12-14-2021, 11:14 PM
Well, Jeff really welcomes everyone on this board, including bots. :ohwell:
insidehoops
12-14-2021, 11:34 PM
Well, Jeff really welcomes everyone on this board, including bots. :ohwell:
Ok got them off this thread thanks.
What we're gonna do next, is send a mass-email reminder out that any registered users who haven't activated their accounts yet need to email us. Will send that out next week, and then a SECOND email like that a week later just to be safe. And after that, every account that registered yet has never activated their account OR posted a single time will probably get deleted. It'll basically clean out every single spambot type account.
BurningHammer
12-14-2021, 11:35 PM
Ok got them off this thread thanks.
What we're gonna do next, is send a mass-email reminder out that any registered users who haven't activated their accounts yet need to email us. Will send that out next week, and then a SECOND email like that a week later just to be safe. And after that, every account that registered yet has never activated their account OR posted a single time will probably get deleted. It'll basically clean out every single spambot type account.
:cheers: :cheers: :cheers:
Manny98
11-05-2022, 09:37 PM
Made a light £36 profit tonight on betting on NBA games :banana:
majari1234
11-05-2022, 10:13 PM
Yes. I usually Hedge my bets. You can find below what that is.
Especially in NBA , its a game of runs. So hedging is great strategy.
Hedging is a sports betting strategy in which a bettor takes the opposite side of his/her original bet once that original bet’s likelihood of winning has increased.
GrayGoat
02-23-2023, 11:41 AM
Op quickly going down a dark path. Already gave up a college degree looking for a quick buck. I know the nets are bad man but come on lol
Thorpesaurous
04-10-2023, 12:26 PM
I have had an excellent run since the start of this past football season. I had UConn to win the national title a couple months ago, and because I live in CT, I had to hop a train into NY just to place a bet on them when their number got big enough.
I stand by my previous logic, which I've been subscibing to for decades, which is to not spread your money around too much. However, with what's available online, there feels like there's just more options to hedge on, and to take advantage of boosted odds.
Fanduel throws out these "profit boost" tokens that allow you to boost the odds of a single bet by some percentage. They're usually capped out at 50 bucks or so as well. Problem is you only usually get one to use on some specific event. I've buddied up with a friend, and we now pool our tokens, and each take a piece to split up. We've had huge payouts on golf. Odds are usually decent even on top end golfers. Rahm for example this past weekend you could still get almost +400 on. Just so much variability. Now usually it'd be a nice spot to hedge, but if you play too many, you're just giving the money back. But with the boosts, we can get four or so guys at the top of the board where if any one of them wins we turn profit.
They handed out three boost tokens open baseball opening day if you placed a straight bet on a World Series winner. Rather than play opening day games with those, you can apply them to futures. Take the NL West where it feels like a two team race between SD and LA, you can boost both of them just to win the division, and if either comes out you make money. And on top of that, you can bet against them late in the season to hedge your money back out of them if you want. Applying the boosts to futures has been a really good strategy so far.
FanDuel also is partnered with Mohegan Sun Casino in CT, and I've found that they're just giving money away if you go through the Mohegan app directly instead of through the FanDuel app. It's the same account and everything. But they have promotions three or four times a week where it's "deposit 50 get 10 in free bets". Just today I think was deposit 100 get 25. Now you can't withdraw the free bets. You have to play them. But if they give you 10 in free bets, you can just go to roullette, take your 10 free bets, play 5 on red and 5 on black, and so long as you don't hit the green, you've converted the free bets into real money. Sometimes you have to bet to get the free bets. Like bet 100 get 20, which is obviously a bigger risk, but if you can stomach it, you can do 50 black and 50 red, again, no green, and you've just bet your 100 without losing anything, take your free bets, and do it again to turn it into real money. It's gotta be 50 bucks a week. And I generally don't play anything on the casino side other than that free stuff.
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marcotuck
10-10-2023, 04:05 PM
Hey, I totally get that the allure of quick money can be tempting, especially with sports betting. But it's crucial to approach it with caution. Sports betting can be unpredictable, and the risks are real.
baudkarma
10-12-2023, 08:38 PM
I was successful because of the strict rules. I avoid the rough stretches GOBB describes because I end betting the moment it doesn't work out twice or I win enough.
The biggest problem about gambling is when people don't know when to stop. If you win you got what you wanted. It would be retarded to reinvest. If you lose stay away, you'd dig yourself into a bigger hole if you keep on losing.
I was reading through this thread, and was reminded of a joke I heard years ago.
A guy comes into an unexpected windfall. He decides he'll bet on some football games and make even more money. So he lays down some small bets on Friday HS games. He loses every wager.
"No problem" he thinks. "I'll make it all back on the NCAAF tomorrow." So the next day he places some sizable wagers on college football. And loses every one.
By now he's getting desperate. He's burned through half of his found money. "Got to make it all back on the NFL" he tells himself. And he goes nuts... bets the rest of his money wagering on point spreads, over/unders, parlays, prop bets... you name it. And loses all of them.
One last chance to recoup his losses. He empties out his back account, gets a title loan on his house and bets it all on MNF. And loses.
He figures his losing streak has to end sometime. He gets a second mortgage on his house and goes to his bookie. "I have to will all that money back!" he tells the man. "What have you got for me tonight?"
The bookie looks doubtful. "Well... there's a hockey game tonight, and..."
"Hockey!" the gambler explodes angrily. "What do I know about hockey?"
marcotuck
10-14-2023, 06:57 AM
Hey, I totally get that the allure of quick money can be tempting, especially with sports betting. But it's crucial to approach it with caution. Sports betting can be unpredictable, and the risks are real.
It's essential to prioritize responsible financial decisions and consider alternatives like exploring apps that pay you to play games (https://wealthofgeeks.com/apps-that-pay-you-to-play-games/). They can be a fun way to make some extra cash without the same level of risk.
Manny98
12-17-2023, 06:28 PM
I have developed a strategy that could earn me serious money through sports betting
Once I have built enough to make larger bets I'll be earning 100-150 dollars a day easily
egokiller
12-22-2023, 08:30 PM
I have developed a strategy that could earn me serious money through sports betting
Once I have built enough to make larger bets I'll be earning 100-150 dollars a day easily
You’d be better off learning and perfecting the game of poker.
John8204
12-22-2023, 09:02 PM
It depends on the sport...Football unless you are betting dogs it's a waste of time. Basketball live betting is the way to go(I make so much money on trash time with the point spreads start hitting 20 pts). But the best sport to bet is MMA. The most important thing about sports betting is to keep a good bankroll, let the money build over time.
Nanners
12-23-2023, 03:33 PM
Theres huge money to be made if you know what you are doing...
Yes, but it's a dangerous one.
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