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  1. #1
    Nets Dynasty Manny98's Avatar
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    Default Is there money to be made by sports betting

    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

  2. #2
    81 on the Raptors BigKobeFan's Avatar
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    Default Re: Is there money to be made by sports betting

    Quote Originally Posted by Manny98 View Post
    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

  3. #3
    Death to Liberalism Patrick Chewing's Avatar
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    Default Re: Is there money to be made by sports betting

    Try it man. I bet on a few NBA games a night. Small bets. But I’m turning a profit.

  4. #4
    NBA lottery pick Overdrive's Avatar
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    Default Re: Is there money to be made by sports betting

    Quote Originally Posted by Manny98 View Post
    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.

  5. #5
    Suck it Loston MrFonzworth's Avatar
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    Default Re: Is there money to be made by sports betting

    Yup most on ISH would be good at it. Wouldn't recommend it though as it's a gateway to addiction

  6. #6
    2020 InsideHoops ROTY Axe's Avatar
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    Default Re: Is there money to be made by sports betting

    That'd be ridiculous if you bet your life on it

  7. #7
    NBA sixth man of the year Thorpesaurous's Avatar
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    Default Re: Is there money to be made by sports betting

    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.

  8. #8
    O LA DI PO ItsMillerTime's Avatar
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    Default Re: Is there money to be made by sports betting

    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.

  9. #9
    NBA sixth man of the year FultzNationRISE's Avatar
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    Default Re: Is there money to be made by sports betting

    Quote Originally Posted by ItsMillerTime View Post
    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.


  10. #10
    NBA Legend and Hall of Famer tpols's Avatar
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    Default Re: Is there money to be made by sports betting

    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.

  11. #11
    The Sheriff FreezingTsmoove's Avatar
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    Default Re: Is there money to be made by sports betting

    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

  12. #12
    O LA DI PO ItsMillerTime's Avatar
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    Default Re: Is there money to be made by sports betting

    Quote Originally Posted by FreezingTsmoove View Post
    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.

  13. #13
    Is it in you? hateraid's Avatar
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    Default Re: Is there money to be made by sports betting

    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.

  14. #14
    Whap'em ZenMaster's Avatar
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    Default Re: Is there money to be made by sports betting

    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.

  15. #15
    Counter Troll Agent highwhey's Avatar
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    Default Re: Is there money to be made by sports betting

    Quote Originally Posted by FreezingTsmoove View Post
    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?

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