How to make money betting

Get the latest Betting Content

All the information you need to start winning in Sports Betting!

How to make money betting
How to make money betting

Get the latest Betting Content!

How to make money betting comes down to winning percentages. On this article, we approach some techniques that may help you how to make money from sports betting.

How to make money betting is a real challenge

It all comes down to winning percentages and picking the best betting odds. That is, to find the betting sites with smaller margins.

Right from the start, when bookmakers request trading services, they stipulate their profit margins.

The higher their profit margins, the lower their odds.

Usually, in order to become more competitive, bookmakers decide to lower their margins on certain betting markets, so they can attract bettors.

Many times, the lower profit margins and the higher odds are found among the main sporting events, since those attract more bettors.

How, then, does Bet365 manage to be more competitive than Betfair for example in the Kenyan market?

By lowering the odds of Kenyans favorite sporting events.

Unfortunately, if bookmakers aren’t willing to lower their margins significantly, then a balance will be reached – known as a cartel – and punters will lose opportunities.

Right now, and for the most part, bookmakers have margins of 4%.

Mathematically speaking, this means that bettors must strive for a winning percentage of around 53%; unfortunately, it’s hard for many to get 50% of their bets right.

It’s as simple as that. If your winning percentage goes past 53% and you manage your bankroll wisely, then you’ll profit.

How to make money on sports betting websites

There are many strategies that may turn sports betting into a profitable activity.

This article on how to make money from sports betting will focus on those strategies.

Finding unbalanced odds

This technique is about finding odds on betting exchanges, like Betfair. And then finding odds for the same event offered by bookmakers that may take longer to update their lines.

This kind of variation happens particularly one hour before the start of a match.

A bookie may offer a 3.00 odd on a certain line and, all of a sudden, the odd go down to 2.50 and then to 2.00.

However, even though that bookie may now offer you a 2.00 odd, another bookie may still offer you a 3.00 odd.

That way, you get the chance of picking the best odds and beat the bookies.

Below, you can find some of the bookmakers that often provide those opportunities.

Following a tipster with a good accuracy rate

On Betarena, as on other websites, some tipsters offer tips regarding certain sporting events.

Following one of those tipsters’ usually professional gamblers suggestions may help you improve your accuracy rate. Remember that getting 53% of your bets right may be enough to allow you to make money.

Finding and using the best bonuses

Currently, the number of worthwhile bonuses available on the market is not as high as it was some years ago, but some are still worth a shot.

Many bookmakers offer a first deposit bonus, like, for instance, Bet365, which offers you €100 as soon as you make your first deposit.

We should take advantage of these kinds of bonuses and, if possible, we should deposit as much money as we can, in order to obtain the €100 bonus.

By using this type of strategy, and assuming we have a bankroll of €1000, then, in fact, we’ll have a €2000, which we can devote entirely to sports betting.

Betting on betting exchanges

Betting on betting exchanges is on the rise and is something that gives bettors the possibility of taking the place of bookmakers.

By using several trading strategies, like those we present on this article.

You will be able to introduce yourself to a domain of sports betting that, for the past years, has been attracting more and more bettors.

Bet, make money and become a true statistician

There are always bettors who create spreadsheets and apps that provide them with data and suggestions.

It’s a hard and sluggish task, so not every bettor takes that path.

If you think that you’re a good statistician and are capable of developing an app that may give you the upper hand, then you should start right away!

Things to avoid as a punter

In order to make a profit out of sports betting and be happy, there are several practices we should avoid.

Being clumsy and betting for the thrill – now that’s a recipe for disaster!

Not picking the best odds. That is, sticking blindly to a single bookie, even if that bookie does not offer you the best possible odds.

You should have multiple accounts on different bookmakers, take advantage of the bonuses they offer you and bet on those that present the best odds on your favorite betting markets.

Following tipster that shouldn’t really be followed. Many platforms offer free tips.

You should carefully choose which tips are worth following while keeping in mind the profiles of the tipsters you follow.

Golden rule: never bet on your favourite team – the reasons for this are obvious!

Pick safe bookmakers, since it’s very easy to know which bookies you can trust; we have written several articles on bookmakers and there are many others around the internet.

Conclusion on how to make money from sports betting

Nowadays, there is a lot of information available online which can help bettors become successful.

Make sure that you read and learn so you can achieve the best possible results.

We know that we won’t always get it right, but we must strive for winning percentages of at least 60%, which means that we can get 40% of our bets wrong.

As long as our actions are careful and wise, it’s possible to make money from sports betting.


5/5 (3)

Please Rate

More from Betarena

| (4)
Club Friendlies
00:00
Lechia Gdańsk
Dinamo Moskva
0
0
00:00
ŁKS Łódź
Napredak
0
0
00:00
Arka Gdynia
Struga
0
0
00:00
Śląsk Wrocław
Liepāja
0
0
00:00
Zlín
Spartaks Jūrmala
0
0
00:00
Kolos Kovalivka
Vorwärts Steyr
0
0
00:00
Tom' Tomsk
Fakel
0
0
00:00
Arda
CSKA Sofia
0
0
00:00
Avangard Kursk
Dinamo Minsk
0
0
00:00
Cherno More
Makedonija
0
0
00:00
Javor Ivanjica
Triglav
0
0
01:00
Vegalta Sendai
Mito Hollyhock
0
0
09:00
Lech Poznań
Voždovac
0
0
09:00
Dynamo Kyiv
Kairat
2
0
69'
Zlaté Moravce
Petržalka akadémia
2
1
12:00
Tsarsko selo
Neftohimik
0
0
12:00
Nordsjælland
Roskilde
0
0
12:00
Tsarsko selo
Raków Częstochowa
0
0
13:00
Mariupol
St. Pölten
0
0
13:00
Kaiserslautern II
Homburg
0
0
14:00
Sigma Olomouc
Orenburg
0
0
14:00
Desna
Hartberg
0
0
14:00
Dnipro-1
Bohemians 1905
0
0
15:15
Hammarby
Midtjylland
0
0
16:00
Lech Poznań
Maribor
0
0
16:30
DC United
Montreal Impact
0
0
17:00
Amstetten
St. Valentin
0
0
18:00
Dornbirn
Alberschwende
0
0
18:00
B 93
Skovshoved
0
0
18:30
Köln II
Frechen
0
0
19:30
Drogheda United
Bohemians
0
0
19:45
Derry City
Institute
0
0
19:45
Ballinamallard United
Sligo Rovers
0
0
19:45
Shelbourne
Longford Town
0
0
21:00
Columbus Crew
Vancouver Whitecaps
0
0
2. Bundesliga
17:30
Arminia Bielefeld
Bochum
0
0
19:30
Jahn Regensburg
Hannover 96
0
0
19:30
Greuther Fürth
St. Pauli
0
0
19:30
Wehen Wiesbaden
Erzgebirge Aue
0
0
KNVB Beker
19:00
Fortuna Sittard
Feyenoord
0
0
League One
19:45
AFC Wimbledon
Burton Albion
0
0
19:45
Accrington Stanley
Peterborough United
0
0
19:45
Doncaster Rovers
Southend United
0
0
19:45
Fleetwood Town
Coventry City
0
0
19:45
Lincoln City
Portsmouth
0
0
19:45
Milton Keynes Dons
Rochdale
0
0
19:45
Rotherham United
Ipswich Town
0
0
19:45
Tranmere Rovers
Sunderland
0
0
19:45
Wycombe Wanderers
Blackpool
0
0
20:00
Bolton Wanderers
Bristol Rovers
0
0
Championship
19:45
Blackburn Rovers
Queens Park Rangers
0
0
19:45
Brentford
Nottingham Forest
0
0
19:45
Cardiff City
West Bromwich Albion
0
0
19:45
Hull City
Huddersfield Town
0
0
19:45
Leeds United
Millwall
0
0
19:45
Luton Town
Derby County
0
0
19:45
Wigan Athletic
Sheffield Wednesday
0
0
20:00
Reading
Bristol City
0
0
Coppa Italia
19:45
Milan
Torino
0
0
Copa Del Rey
20:00
Tenerife
Athletic Club
0
0
Primeira Liga
20:15
Porto
Gil Vicente
0
0
Football Betting

Reclamar FREEBET

Se ainda não tens registro na Betboro faz aqui o teu registro.

Se já tens conta na Betboro só tens de preencher os dados.