Can you profit consistently with sportsbetting?

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MilkLegs

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I'm new to sportsbetting. I've messed around with a few bucks here and there on poker sites with sportsbooks, but that's about it.

Just wondering if it's possible to make long term profit through math or is it all just truly gambling in the long run if you're not involved in shady stuff?
 
It is possible, like everything in life. But man, it's really really tough.
 
MilkLegs said:
I'm new to sportsbetting. I've messed around with a few bucks here and there on poker sites with sportsbooks, but that's about it.

Just wondering if it's possible to make long term profit through math or is it all just truly gambling in the long run if you're not involved in shady stuff?
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Since i've been betting way more years than actually playing poker then ofcourse it is ...
 
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Thanks for the replies... I'll try to learn more about this stuff. It just seems very difficult like michel said. I was doing great until I got into the russian table tennis and chinese basketball 😀
 
I used to think that you can make a profit. It's complicated. However, now for me bets are just entertainment.
 
iff you have a good strategy you can win. but it's similar to poker, with no strategy , on live betting you can lose all in one minute.
 
georgel2384 said:
iff you have a good strategy you can win. but it's similar to poker, with no strategy , on live betting you can lose all in one minute.
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On live betting you can also win big in one minute cause then you can actually see how team 1 or team 2 is actually playing and so on ...
 
Here I think it all depends on how gambling you are and what profit you want to receive. Personally, I get extra profit from the rates, but I won’t say that it’s a lot of money, and for such a profit I would not be able to live a month without basic work.
 
If you're talking about sports betting online, I would begin by looking at how easy any given website makes it for players to make cash withdrawals. Sometimes this is almost impossible.
 
I used to bet on sports. They were not very big. Then, after several consecutive setbacks, I stopped betting.
 
Tons of work and research to be profitable day to day but possible even with the any given day sports story ,there is many variables that come into play
 
Hello.



Короткий ответ - нет!

Дело в том, что букмекеры в своей линейке закладывают маржу, которая снижает шансы игрока на победу. Позвольте привести самый популярный и простой пример. Представь, что ты и я играем в головы и хвосты. Каждый раз, когда я выигрываю, вы платите мне 100 рублей, а каждый раз, когда вы выигрываете, я плачу вам 90.

Вы можете стать счастливчиком и бросить монету 10 раз, вы выиграете 7 раз. Но если вы бросите монету бесконечно, то потеря орла и хвоста будет одинаковой. Таким образом, я выиграю, а вы в минусе. На мой взгляд, даже лучшие аналитики не могут дать результат, который можно назвать заработком.
 
In my experience, it is not posible .I have lost so much money on 1.08 odds. Sport is hard to predict.
 
ArmiSoo7 said:
In my experience, it is not posible .I have lost so much money on 1.08 odds. Sport is hard to predict.
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Then why would you even bet on something which could give out like 8 cents or so depending on your stake ...
 
It's hard to win in long-term at sportsbetting. If you became a very profitable gambler, bookmakers would certainly limit your maximum betting amounts. :burnout::icon_joke
 
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you can you just cant chase after losing losing by doubling down on the next bet
 
You can play plus, but it is very difficult. At least earlier it was possible...

You can read in this book very good chapter about stakes on sports:
The New Gambler's Bible: How to Beat the Casinos, the Track, Your Bookie, and Your Buddies: Arthur S. Reber.
 
like Gabbryel said.
I've heard stories that betting sites will not only put a limit on bets, but can also suspend your account or ban you from the site if you're "too good" at it.
Only heard stories because I've never been in that situation!
 
im up in mma and gold this 2020 year and college basketball its not hard just have to find value in lines
 
we will rock you said:
im up in mma and gold this 2020 year and college basketball its not hard just have to find value in lines
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yeah - sports betting and poker have that in common - it's all about finding value. Then again, you can't exactly bluff the bookies
 
I think it is possible to be profitable daily, but you have to put your balance in perspective and only expect big profits with a big balance to play with.
 
My answer is no, I started betting NFL in Detroit with the bookies some years ago(illegal at that time). Luckily I won my first 3 games and never looked back. I only used my profit to bet with and managed to earned, guessing around 20 grand over 3 years before I quit. Stopped because it took the enjoyment out of the game for me. So yes maybe but you need discipline.
 
I think it depends on which sport you're betting on. In team sports, I think it's possible but in individual sports, it's a little bit hard because it depends on how well they perform in that particular match/tournament. If they play bad on that day everything's done. In contrast, in team sports, if an individual play bad in that particular match/day there's still a lot of their teammate to cover the bad player. So the performance in team sports are much more consistent than individual sports and is possible to make a consistent profit.
 
Peachii22 said:
If they play bad on that day everything's done. In contrast, in team sports, if an individual play bad in that particular match/day there's still a lot of their teammate to cover the bad player. So the performance in team sports are much more consistent than individual sports and is possible to make a consistent profit.
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Yeah sure 1 player in team X might have bad day right but what if both 2 teams who went h2h tend to underpeform? That is probably easiest to see in football if 80+ minutes are played and either team is leading by 1 goal. In case like this it's usually (not so) smart to bet on one more corner in the game and then watch how BOTH teams cant even collect that one more corner in closing stages in order to try get something from match and/or to just waste time lol ...
 
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