There are lots of ways of doing arbitrage betting and we are going to show how it works in typical events where we look at it as only two outcomes.
Matched Betting uses a different kind of lingo to the one you might be used to. Even if you’re into sports betting, it doesn’t mean you already know what terms like bonus bet, cover bet and lay betting mean.
If you are a professional poker player and you are looking to diversify your sources of income, sports trading has to be on the top of your list.
For those of you who are interested in the similarities between sports betting and poker, in this article, we cover the similarities between betting and poker and also where these endeavours differ from each other.
As a benchmark for what is required to do extremely well in sports betting, we have added Jonas’ results for his $10k to a $1 million run below.
An important element is your starting point. Just like with more traditional forms of investing such as stocks or real estate, if one already has the money it becomes easier to accumulate more of it.
This is the first out of a three-part article series, which purpose is to investigate how one can make money from sports betting and the requirements of making a living from it.
Bill Benter is one of only a few who has managed to master the world of betting on Horse Racing. In the mid-1980’s, Benter produced an algorithm to beat Hong Kong Horse Racing, and over thirty years later, Bill has amassed nearly $1 US billion.
Jeff Ma’s betting story is so good that it was adapted into the book Bringing Down the House and the movie, 21. Ma is famous for being a member of the MIT Blackjack Team from 1993 to 2001, where he took the casinos for roughly $2 million. But like a lot of us, his story started as a university student in need of some money!
Other than the sportsbook managers in Vegas, not many people had heard of the name James Holzhauer before his incredible 32-game winning streak on Jeopardy! in 2019. Over 33 games of Jeopardy!, Holzhauer won over $2.4 million using basic sports betting principles such as probabilities and expected value; principles he’d been using his whole life. But before he took the Jeopardy! world by storm, James was and still is a professional sports bettor.
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