Welcome to our article series where we ask experts in the sports betting industry the questions you need answered!
Q5: What is the best method to use to make money from sports betting? Value betting, matched betting, arbing, exchange trading or following tipsters?
Q5: What is the best method to use to make money from sports betting? Value betting, matched betting, arbing, exchange trading or following tipsters?
Q2: How do you define “finding value” in betting markets?
How do you define “finding value” in betting markets?
How difficult is it to beat the sports betting markets? How efficient are the odds?
Zeljko Ranogajec is one of the most successful sports bettors of our time, accruing his billionaire status through casinos, horse racing and Keno jackpots. The funny thing is, most people have never heard of ‘The Joker’, who resides in multiple countries, owning an apartment on 1 Hyde Park, London, where an apartment once sold for a world record sum of over US $170 million. Ranogajec was born in Tasmania, Australia, and like a lot of professional sports bettors, he started at the Blackjack table.
Billy Walters has been described by odds-makers in Nevada as a Great White Shark; the most dangerous and feared sports bettor in the world. For four decades, Walters amassed hundreds of millions of dollars from sports betting, mostly on the American Football and Basketball. He simply loves betting, one time he won $400k on a hole in golf, and $1m on a round. His story is quite incredible when you take into account that his family was dirt poor and his mother an alcoholic.
Although he doesn’t fit the theme of a sports bettor, it would be rude not to include betting pioneer, Edward Thorp, in our article series. As mentioned in our article on Bill Benter, Edward Thorp was made famous through his book Beat the Dealer. Thorp brought the phenomenon of card counting to light when his book was released in 1962, selling over 700,000 copies and making it onto the New York Times Bestsellers list.
How difficult is it to beat the sports betting markets? How efficient are the odds?
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