Is Betting A Good Way To Make Money

I remember when I first started searching for a proven betting system googling the term “betting systems.”

Many people wonder if there is any possibility of making money via online betting. The answer is Yes. If you want to earn money while sitting at your home, you can gamble through various online platforms. Betting online not only let you make money but also help you in killing your free time. Sports Betting Basics. The easiest way to demonstrate the math behind a sports bet is to make up an example. Let’s say you and your buddy walk into a casino, each with $200 burning a hole in your pocket. There’s a big game on tonight, the Cowboys and the Redskins, so you wander into the sportsbook to check up on the latest news about the game.

There was all sorts of progressive staking systems, martingale systems, stop at a winner systems, progressive laying systems. The fact was though that none of these betting systems held up to any long term analysis and would normally blow your bank if you followed them for long enough.

But after researching a bit longer I found a few betting systems that did actually work.

Here are four betting systems that I have used over the years.

Which continue to be profitable in the year 2021.

Proven Betting System 1 – Arbitrage Betting

Sports Arbitrage betting is something that I still use on the occasion as part of my portfolio. Arbitrage betting involves covering every outcome of an event. In order to guarantee a profit no matter the outcome.

Is Betting A Good Way To Make Money Work

Here is an example of a number of arbitrage bets found using the software rebelbetting.

For example if we take one of the arbitrage bets above.

There is a 3.7% arbitrage bet between The New Saints and Bala in the Welsh division.

In the draw no bet market The New Saints could be backed at 1.53 with Marathonbet and Bala could be backed at 3.2 with William Hill.

For every £100 risked across both outcomes a profit of £3.7 could be guaranteed.

With arbitrage betting you can make several of these bets every day and gradually build up your bankroll with almost zero risk.

It is a system that once you understand can be used again and again.

Negatives of arbitrage betting?

The only issue with arbitrage betting is that it has a limited life cycle. Bookmakers will eventually limit arbitrage bettors accounts once they see that they are not going to be profitable customers.

Arbitrage betting is a great way to build up a betting or trading bankroll. Before you move on to betting or trading with exchanges and Asian bookmakers.

Proven Betting System 2 – Value Betting

Value betting is similar to arbitrage betting as it involves exploiting the soft bookmakers. A value bet involves looking for odds that are out of line with the sharp Asian Bookmakers or betting exchanges.

Given that the odds at sharp bookmakers and betting exchanges are quite efficient in big markets. The betting exchanges and sharp Asian bookmakers often offer close to the true odds of an event. Sometimes when there is odds movement on these events soft bookmakers will be slow to move their odds.

Consistently betting on odds above the Asian bookmakers and betting exchanges has proven to be profitable.

Image courtesy ofTrademate Sports.

The advantage that value betting has over arbitrage betting is that you generate a much higher turnover and use lower stakes which may make your accounts last longer then conventional arbitrage betting.

A lot of bookmakers will also offer value accumulators often on a weekly basis as part of odds boosts or special promotions.

Negatives of value betting?

Again the only downside to consistently taking value bets is that soft bookmakers will eventually see that you are able to make money from them and will limit or close your account.

However if you plan to make money from sports betting. Getting banned from soft bookmakers is going to happen whichever way you choose to make money from them.

Proven Betting System 3 – Matched Betting

The popularity of matched betting has exploded in the last few years and with good reason.

Matched betting is probably one the best and easiest ways to generate a good second income online. It involves taking advantage of bookmaker offers to guarantee a profit much like arbitrage.

The big advantage that matched betting has over arbitrage is that is a lot less obvious and harder for bookmaker’s employed traders to spot.

I have covered matched betting in a lot more detail in this article below.

Negatives of matched betting?

There isn’t many downsides to matched betting. Bookmakers will stop giving you promotions eventually. But as discussed before this is what happens when you become a profitable sports bettor.

So there you have 3 proven betting systems that are currently working in 2020. Which should also prove be profitable in the long term.

Each of these betting systems involve exploiting soft bookmakers.

This is really the best way to start making money from the sports betting markets and allows you to build up a nice trading bankroll or good second income.

Proven Betting System 4 – Betting On Team News

One proven betting strategy that you might not know is reacting quickly to team news.

Odds can rapidly change on the basis of team news.

If you have a good knowledge of the teams that are playing, then you will often be able to secure yourself a value bet.

Here is a good example of how odds can change when a teams lineup is announced.

In this example I have highlighted the point at which team news was announced.

This was a Europa League between Arsenal and Standard Liege.

Arsenal announced a weaker side then expected, from this news the odds on Arsenal drifted quite significantly before the game started.

If you were familiar with the teams and reacted to the information you would have been able to secure yourself a value bet on Standard Liege. Due to the fact that Arsenal’s odds were drifting so the odds on the draw and Standard Liege would have to shorten.

This is a really effective strategy and if you have access to betting exchanges you can secure yourself a profit before the game even starts.

Here are two videos which explain this strategy in more detail.

Which betting systems have you found to work best?

Are there any that are missing from this list?

Let me know in the comments below.

Whether it is possible to earn money from gambling and make a living from betting are questions which seem to bother many punters.
To give the short answer…

Bookmakers make money; sports analysts make a living from gambling by compiling odds for bookies; some of my own income derives from sports bettors using this website. Programmers earn a living from gambling by developing various betting applications. Manufacturers of gaming machines make money from people’s gambling habits.

I could certainly continue this list as the betting business is a big industry providing many, many people with jobs.

But this is probably not a satisfactory response for sports fans who bet themselves and pursue the dream of supplementing their income, or becoming rich from gambling one day.

However, for these hopeful punters, the answer is also clearly positive…

• Yes: it is possible to develop long-term profitable betting strategies.
• Yes: it is possible to find betting odds which hold value and provide a mathematical edge.

Nothing is Impossible!

The big question is whether you will manage to join the minority, the tiny crowd of betting enthusiasts who finally become successful.

Another question is whether you have the patience (and time) for acquiring the necessary knowledge to win more than you lose, because only knowledge is power; without knowledge there is no chance.

Reliance on luck is not a foundation for lasting success. With luck alone nobody can build a house – only a handful of lottery millionaires can claim the opposite.

Successful Sports Bettors – Examples

In September 2005, in “Expert Betting Advice” forum, a young woman named Maria Santonix started publishing horse racing lay bets. I followed her thread at the time, and I must say that it came across as very authentic. She published daily picks (except Saturdays) and in only 303 days, her initial bank of £3,000 increased to £100,603.78.

The thread has since been taken offline by the operators of the forum, but if you google “Maria Laying System” you will find a plethora of articles referring to her experiment. Naturally, doubt breeds skepticism and most of the responses are quite critical.

It is difficult to find really credible information about betting success on the Internet. In the majority of threads you will read statements such as “I know someone who knows someone who makes his living from betting”.

The only website I am currently aware of which has published quarterly betting results for several years is Alan Seymour’s Sports Arbitrage Review. Alan writes about his experiences as a professional arbitrage trader and has been arbing since 2002.

Famous Last Words

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As I continue to develop betting courses and tutorials, I would be very keen to learn which specific content you are interested in most.

How To Make Money By Betting

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