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There is no method to success. There is a high chance of losing if you don't know what you're doing. However, if you know what you're getting yourself into, go for it. Another view: Not really. Like all gambling, the odds are structured against the bettor. Aside from having truly extraodinary luck, the people who genuinely "get rich" on sports betting mostly fall into three categories:

1). They have inside information of some sort.
2). They have "fixed" or otherwise personally influenced the sport being played.
3). They're professional gamblers with years of experience, who know the odds and probably know the sport better than the athletes do.

If you don't have any of these advantages, your chance of getting rich betting on sports is pretty low. Don't bet with the goal of getting rich, bet with the intention of having fun and making the game more interesting.

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Wiki User

14y ago
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Wiki User

14y ago

Sports betting is a form of gambling activity. As long as this does not compromise your values in life, you can have this as a job. This can be a prolific activity only when done the right way. You can actually be an online bookmaker and establish your own website where bettors can bet on sports they like. Or, you can be merely a bettor that would sign up accounts to several sports betting website and earn money from winnings. However, you can only make this a main source of income if you know what you are doing and that you are confident enough with your skills as a bettor to win bets.

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Wiki User

14y ago

Actually Yes... It is possible to make money with sports betting but you have to know do it. There are a lot of rich even millionaire people by sports betting. You have to start with small bets and doing safely. For example; in many sports betting websites you will find bet where you just earn a 5% of your total bet but it is 95% sure that you will win that bet. That is the reason why they will pay you a little... but if your bet is U$100 you will earn U$5 in just one bet, so if you make 20 bets on one day; one for one.... i mean make one bet U$100 when you win make the same bet of U$100 and save the earnings (U$5 for example), when you win the second bet, do it again... and in that way for 20 times... After that you will have done 20 bets of U$100 just with the same U$100 but 20 X U$100= U$2000 and if you win the 5% of each bet then you will get U$2000 x 5%= U$100

In one day you will get U$100 and if you do this everyday... you could have U$3000 per month.

As you can see if you play well, you could win a lot. The problem is that when you are earning money on sports betting sometimes you could lose the floor and star making high bets... then you could lose everything....

One of my hobbies is sports betting and i win some extra income each month, i bought this e-book and here is where i learn a lot of secrets and tips. So you can do it too.

The e-book is on www.lwande.com

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Wiki User

14y ago

You may find this hard to believe but this website actually gives you $1.00 USD to bet on sports with and the best part is if you lose you get more money! They can do this because of advertisers support, sign up takes 20 seconds and you can bet on any sport any game and there is no maximum to how much money you can win, you never have to give a credit card or pay anything! It's all free and very fun! http://www.freesportsbet.com/schreib.html---copy and paste this link into your web browser and receive an additional gift to bet with!

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Wiki User

11y ago

There have been a few sports bettors who have taken into account the different settings in games. For example in Basketball, the court type (wood/cement/etc), or in horse racing that trainer versus their diet, and been able to apply this information to sports betting. Their actual systems are not well known, but they have won a lot of money with their handicapping systems.


So yes, some systems do work, but the how or what is not shared. Any that are shared, are unlikely to work, as they were shared when they were found to be imperfect.

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Corner Stats

Lvl 3
4y ago

Why you could be losing at football bets? There are several reasons.

Optimization. You didn't bother finding the best bet option. When you have decided on a bet, you have the opportunity to choose the best odds among the bookmakers or betting exchanges available to you. Please note that a 5% higher odds gives you an additional 2.5% to your ROI.

Problems with psychology. You succumbed to emotions or excessive excitement, which led you to irrational actions in betting on football. If you deviated from your strategy by placing bets "on the watch", or increased the amount of the bet, trying to recoup, then these are clear signs of your psychological problems. Even if in this way you could win several times, in the long run, these actions will certainly lead to a negative result.

There are other mistakes too, such as such as using common statistics, sub-optimal betting markets, ignorance of the probability theory, tips buying... You can learn more about it at the corner-stats. com/betting-on-football

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Damon Hendry

Lvl 3
2y ago

I stumbled upon a site that helped me increase my knowledge and even my winning average substantially.

My average before learning this information was about 15%. After learning the info it increased to about 70% overall. I was impressed with what was happening.

I was making much smarter bets and the wins just kept coming. I'm not rich by no means, But I'm having a lot more fun with sports betting.

If you are interested in increasing your knowledge and having more fun and enjoyment in sports betting, I have the link in my bio.

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Damon Hendry

Lvl 3
2y ago

I stumbled upon a site that helped me increase my knowledge and even my winning average substantially.

My average before learning this information was about 15%. After learning the info it increased to about 70% overall. I was impressed with what was happening.

I was making much smarter bets and the wins just kept coming. I'm not rich by no means, But I'm having a lot more fun with sports betting.

If you are interested in increasing your knowledge and having more fun and enjoyment in sports betting, I have the link in my bio.

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Wiki User

15y ago

No, there is not, never has been. That's why it is called gambling.

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Caleb Gilchrist

Lvl 1
2y ago
I have found that the best way to increase your chances of making money is to figure out a strategy and stick to it. there is a link in my bio that you can check out.

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Wiki User

12y ago

its hard to win sports betting because its mainly all luck. it helps if you know the stats of the team/player or if you know the winning percentage and odds.

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Can one make good money with sports and football betting for a long time?

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What does good lines mean in the context of sports betting?

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Can you make money sports betting?

Actually Yes... It is possible to make money with sports betting but you have to know do it. There are a lot of rich even millionaire people by sports betting. You have to start with small bets and doing safely. For example; in many sports betting websites you will find bet where you just earn a 5% of your total bet but it is 95% sure that you will win that bet. That is the reason why they will pay you a little... but if your bet is U$100 you will earn U$5 in just one bet, so if you make 20 bets on one day; one for one.... i mean make one bet U$100 when you win make the same bet of U$100 and save the earnings (U$5 for example), when you win the second bet, do it again... and in that way for 20 times... After that you will have done 20 bets of U$100 just with the same U$100 but 20 X U$100= U$2000 and if you win the 5% of each bet then you will get U$2000 x 5%= U$100 In one day you will get U$100 and if you do this everyday... you could have U$3000 per month. As you can see if you play well, you could win a lot. The problem is that when you are earning money on sports betting sometimes you could lose the floor and star making high bets... then you could lose everything.... One of my hobbies is sports betting and i win some extra income each month, i bought this e-book and here is where i learn a lot of secrets and tips. So you can do it too. The e-book is on www.lwande.com


What are some forms of financial betting?

"Financial betting is also considered gambling. You could play in a poker game, that is the easiest way to win money. You could also place money on a horse."


Online gambling?

Online gambling is an act of betting money in order to get a profit which is decided by a win or lose.


I always lose money betting on Richard Dunwoody's PAYW?

Maybe, try online betting, sports betting, it's more exciting than other betting sites.


Will you lose your money on a bid if you lose it?

Well, yeah. You are betting your money, which means you might lose it. If you win, you will get more money back and if you lose, you will lose the money you bet.


Does anyone win betting on betfair?

Yes, I have a friend that is a programmer at Betfair and a lot of people definately do make money


Does CT have legalized sports betting?

No, the only states that have legalized sports betting are Nevada, Delaware, Oregon, and Montana. And of those states, only Nevada currently offers sports betting. When Congress passed the Professional and Amateur Sports Protection Act of 1992, Nevada, Oregon, and Montana already had sports betting laws on their books and were grandfathered in. Delaware legalized betting on sports in 2009, but has not moved forward with any plans for gambling facilities in the state, due to threats by the sports leagues to ban any games from being played in the state. New Jersey is attempting to legalize sports betting as of 2013, but is fighting with the pro sports leagues and the NCAA. In Connecticut, sports betting is currently illegal, as it is in all of the other 50 United States.


How does sports betting work?

There are many ways that one can gamble on sports. Some types of sports bets are sport-specific, while others are common across most sports: moneyline, spread, totals. See Sources and Related links for an article on Sports Betting: Game Rules & Strategy.