For most, sports betting is a hobby and there is absolutely nothing wrong with that. It can be an enjoyable pastime that could bring in some additional money. In fact, it is highly recommended to keep it that way. However, some have gone down the route of making a living or career out of it.
It is entirely possible to do so too. As long as you are willing to treat it as a career by working hard, educating yourself, and putting in practise the right strategies and tips, you could feasibly go head to head with the bookmakers and come out on top in the long run.
Of course, it is not for everybody. There are a lot of risks, it can be stressful, and without a proper job, it could go downhill very quickly. That said, if you are planning on turning sports betting into a career, at least heed the following tips.
Bet on Sports You Know
Rule number one when sports betting is to know what you are betting on. You need to have a good understanding of the sport and ideally, a fan. If you have a firm grasp of what you are betting on, know the history, and like to follow the sport, study form, and know the best teams and players, you have a far better chance of success than if you didn’t.
Even if you do have all the above, you still need to put additional effort in. You need to perform in-depth research each and every week to keep up to date with the goings-on in the sport you are betting on. Additionally, never bet emotionally. This means avoid wagering on your favourite team all the time. Even if that team is dominant such as Barcelona, and you support them and think they will win each week, it does not mean they will.
Take Advantage of Free Bets and Sign Up Offers
Another tip would be to take advantage of any kind of special promotion, welcome offer, or free bet and sign up offers that an online bookmaker is offering. Usually, these are offered to new players only but with so many online sports betting sites around, you will have plenty of opportunities to grab bonuses.
To make life easier, rather than scouring around the internet yourself looking for the best free bets and enhanced odds offers, you can use websites such as here. They will give you plenty of advice and guidance on where the best free bets and all other betting promotions can be found.
Understand Bankroll Management
Bankroll management is something that any successful gambler has a strong understanding of. Whether you play poker for a living, play at online casinos or bet on any sports such as football, tennis, rugby, horse racing or any other sport, you need to know how to manage your bankroll.
Always bet with money you can afford to lose and put limits on how much you risk. Furthermore, breakdown your bankroll so that it will last a long time. There is no point in having a bankroll and then placing it all in one bet. Instead, split it up so that you can wager it on 20-40 smaller bets each week or month. This gives you the chance to win back any previous losses.
There is a major difference between using sports betting as a side income or hobby and throwing all of your eggs into one basket and doing it as a career. You really need to consider if you are up for the stress that comes along with such a career and the hard work it takes. Plus, you will need to know your sports inside and out. If you have listened to the above tips, however, you have at least started on the right foot.