Two Plus Two Publishing LLC
Two Plus Two Publishing LLC
 

Go Back   Two Plus Two Poker Forums > >

Notices

Sports Betting Discussions related to wagering on sporting events.

Reply
 
Thread Tools Display Modes
Old 08-05-2018, 07:50 PM   #1
PSG
centurion
 
Join Date: Feb 2017
Posts: 164
Making 30-50 a day sportbetting

Anybody here making $30-50 a day sport betting? is it possible ?
PSG is offline   Reply With Quote
Old 08-05-2018, 08:51 PM   #2
ouinosino
adept
 
ouinosino's Avatar
 
Join Date: Jan 2013
Posts: 777
Re: Making 30-50 a day sportbetting

every single day? basically impossible. i assume you know the reasons?
ouinosino is offline   Reply With Quote
Old 08-06-2018, 09:10 AM   #3
SwoopAE
Carpal \'Tunnel
 
SwoopAE's Avatar
 
Join Date: Jul 2008
Location: I AM CAPITAO
Posts: 18,986
Re: Making 30-50 a day sportbetting

Going to treat it as a serious question for some reason.

Yes, it's possible. If you turn over 500k or so per year in volume at a 3% roi with suitable bankroll management that roughly meets your goals (41 dollars per day average).

Obviously there will be variance and you won't win at 30 to 50 dollars per day every day exactly but that would be about the average if you have the bankroll to withstand the variance.

That goal should be attainable with a relatively small bankroll as long as you either have access to soft local outs to steam chase or know how to handicap and beat at least one sport that has a decent number of matches per season. I would expect that all of the serious sports bettors who bet for profit rather than fun who post here make more than that per day on average.

If you have 272 dollars to your name and no knowledge of sports betting, then no, it's not possible. If you have access to at least a couple thousand dollars as a starting bankroll, a few decent sports books and a basic knowledge of how to sports bet profitably, then it should be trivial to average that amount. Even if you don't have that money to start with you can grow the bankroll to the point where that is attainable pretty quickly if you google kelly criterion and are a profitable sports bettor. If you're not a profitable sports bettor, then no series of -EV bets is ever going to lead to you making money in the long term.
SwoopAE is offline   Reply With Quote
Old 08-06-2018, 01:27 PM   #4
PSG
centurion
 
Join Date: Feb 2017
Posts: 164
Re: Making 30-50 a day sportbetting

Quote:
Originally Posted by SwoopAE View Post
Going to treat it as a serious question for some reason.

Yes, it's possible. If you turn over 500k or so per year in volume at a 3% roi with suitable bankroll management that roughly meets your goals (41 dollars per day average).

Obviously there will be variance and you won't win at 30 to 50 dollars per day every day exactly but that would be about the average if you have the bankroll to withstand the variance.

That goal should be attainable with a relatively small bankroll as long as you either have access to soft local outs to steam chase or know how to handicap and beat at least one sport that has a decent number of matches per season. I would expect that all of the serious sports bettors who bet for profit rather than fun who post here make more than that per day on average.

If you have 272 dollars to your name and no knowledge of sports betting, then no, it's not possible. If you have access to at least a couple thousand dollars as a starting bankroll, a few decent sports books and a basic knowledge of how to sports bet profitably, then it should be trivial to average that amount. Even if you don't have that money to start with you can grow the bankroll to the point where that is attainable pretty quickly if you google kelly criterion and are a profitable sports bettor. If you're not a profitable sports bettor, then no series of -EV bets is ever going to lead to you making money in the long term.
Thanks SaoopAe, I used to bet sport and make average $800-1000 a week betting from $20-50 average but i lost the motivation when i lost playing -ev mostly roulette. From my exerience its doable as long you have the discipline and bankroll management , perhaps some edge. I have a very decent sportbooks here in south east asia , deposit and withdrawal is lightning fast . The thing is you cant ban casino game in this sportbook and thats my weakness.
PSG is offline   Reply With Quote
Old 08-06-2018, 01:28 PM   #5
PSG
centurion
 
Join Date: Feb 2017
Posts: 164
Re: Making 30-50 a day sportbetting

Quote:
Originally Posted by ouinosino View Post
every single day? basically impossible. i assume you know the reasons?
Yeah variance.
PSG is offline   Reply With Quote
Old 08-06-2018, 01:29 PM   #6
Csaba
veteran
 
Csaba's Avatar
 
Join Date: Jan 2009
Posts: 2,964
Re: Making 30-50 a day sportbetting

Having access to sports books that won't ban you if you win is harder than most people imagine.
Csaba is offline   Reply With Quote
Old 08-06-2018, 01:42 PM   #7
PSG
centurion
 
Join Date: Feb 2017
Posts: 164
Re: Making 30-50 a day sportbetting

Quote:
Originally Posted by Csaba View Post
Having access to sports books that won't ban you if you win is harder than most people imagine.

Sportbooks here in my country will take any action, winning every month is a not problem for them , they know in the end they get it all.
PSG is offline   Reply With Quote
Old 08-06-2018, 02:40 PM   #8
bgrif
centurion
 
Join Date: Aug 2018
Posts: 125
Re: Making 30-50 a day sportbetting

Best way to do it would probably be to just set up an affiliate account and profit from others. The problem is that you have to determine which site to use. Kinda like the poker craze.....didn't lots of people have huge affiliates that went down with Full Tilt?

You could probably make on average 30-50- and more per day just having 5 accounts to gamble at, and then always taking the best line.....scalping, I guess, but unless you are playing huge money, you are probably better off doing affiliate stuff or not even trying to grind 30-50 per day, as it would be a lot of work for rewards that have a very low ceiling.

Maybe some type of fantasy sports site you could start an affiliate and still get your gambling jones....maybe start a little forum. Lots of ways to get gambling cash if you don't have a gambling problem, but it would I guess become more of a job and you wouldn't have the rush.
bgrif is offline   Reply With Quote
Old 08-06-2018, 03:04 PM   #9
n00b590
adept
 
n00b590's Avatar
 
Join Date: Jun 2010
Location: de ilusion tambien se vive
Posts: 798
Re: Making 30-50 a day sportbetting

n00b590 is offline   Reply With Quote
Old 08-07-2018, 06:24 AM   #10
SwoopAE
Carpal \'Tunnel
 
SwoopAE's Avatar
 
Join Date: Jul 2008
Location: I AM CAPITAO
Posts: 18,986
Re: Making 30-50 a day sportbetting

Quote:
Originally Posted by PSG View Post
Thanks SaoopAe, I used to bet sport and make average $800-1000 a week betting from $20-50 average but i lost the motivation when i lost playing -ev mostly roulette. From my exerience its doable as long you have the discipline and bankroll management , perhaps some edge. I have a very decent sportbooks here in south east asia , deposit and withdrawal is lightning fast . The thing is you cant ban casino game in this sportbook and thats my weakness.
Nobody's winning 1k a week firing $50 bets. You would need to be making close to 100 bets a day to make that sort of ev which seems unlikely or at least 50 bets a day if you're an elite handicapper, on weekdays that seems pretty unlikely. Also anyone actually winning at that rate would not be making $50 bets for very long, their unit size would quickly increase.

If you're a degen who gives it all back in the casino games then get help for your gambling problem. Anyone who can't control themselves in the pit is going to go broke no matter how good they are at sportsbetting if they can't stay away from it.
SwoopAE is offline   Reply With Quote
Old 08-07-2018, 07:57 AM   #11
MisterRodriguez
centurion
 
MisterRodriguez's Avatar
 
Join Date: May 2017
Location: UE
Posts: 194
Re: Making 30-50 a day sportbetting

Quote:
Originally Posted by PSG View Post
Anybody here making $30-50 a day sport betting? is it possible ?
Unfortunately for you at the moment the answer is no.

That figure is pretty easy though but you would need to start by immersing yourself in sports betting articles,threads,books(King Yao) in stead of indulging in Rigged online Casinos and asking silly vague questions in betting forums.

So in short yes,and its easy if you can grasp basic sports betting concepts but requires work ethic,discipline and willingess to learn which i feel is something that its to much for you.

Start with training how to delay instant gratification,and in stead of visiting the casinos visit the FAQ and read some SB books.Then when you are sure you are not going to indulge in Blackjack or Tilt when you have a downsing and make mistakes that erode you edge you can start saving a couple of thousand bucks and registering in as many soft books as you can
MisterRodriguez is offline   Reply With Quote
Old 08-08-2018, 03:28 AM   #12
Hammerzitzen
centurion
 
Join Date: Dec 2011
Posts: 127
Re: Making 30-50 a day sportbetting

Quote:
Originally Posted by Csaba View Post
Having access to sports books that won't ban you if you win is harder than most people imagine.
God bless Equifax/Deepweb/Crypto amirite?
Hammerzitzen is offline   Reply With Quote
Old 08-08-2018, 03:33 AM   #13
Hammerzitzen
centurion
 
Join Date: Dec 2011
Posts: 127
Re: Making 30-50 a day sportbetting

Quote:
Originally Posted by SwoopAE View Post
Nobody's winning 1k a week firing $50 bets. You would need to be making close to 100 bets a day to make that sort of ev which seems unlikely or at least 50 bets a day if you're an elite handicapper, on weekdays that seems pretty unlikely. Also anyone actually winning at that rate would not be making $50 bets for very long, their unit size would quickly increase.

If you're a degen who gives it all back in the casino games then get help for your gambling problem. Anyone who can't control themselves in the pit is going to go broke no matter how good they are at sportsbetting if they can't stay away from it.
Buddy of mine ran bots that just picked off lines once his accounts were limited and you'd actually be pretty surprised
Hammerzitzen is offline   Reply With Quote
Old 08-09-2018, 06:27 PM   #14
ouinosino
adept
 
ouinosino's Avatar
 
Join Date: Jan 2013
Posts: 777
Re: Making 30-50 a day sportbetting

@PSG to make a profit of 30-50 bucks a day you need to find good bets every single day of the year and that is basically impossible to do.

and if you make 800-1000$ a week betting 20-50 a bet you are lying to yourself.
ouinosino is offline   Reply With Quote
Old 08-10-2018, 03:53 AM   #15
MisterRodriguez
centurion
 
MisterRodriguez's Avatar
 
Join Date: May 2017
Location: UE
Posts: 194
Re: Making 30-50 a day sportbetting

Quote:
Originally Posted by ouinosino View Post
@PSG to make a profit of 30-50 bucks a day you need to find good bets every single day of the year and that is basically impossible to do.

and if you make 800-1000$ a week betting 20-50 a bet you are lying to yourself.


yeah you better call Tom Cruise buddy.

Dont mislead OP,When i was starting i was betting hundreds of times on a daily basis

With a small bankroll its trivial to bet dozens of times even on a hot bore summer Tuesdsay.
MisterRodriguez is offline   Reply With Quote
Old 08-10-2018, 04:44 AM   #16
PaiDaMorte
grinder
 
PaiDaMorte's Avatar
 
Join Date: Jun 2007
Location: trying to be better
Posts: 622
Re: Making 30-50 a day sportbetting

Quote:
Originally Posted by MisterRodriguez View Post
yeah you better call Tom Cruise buddy.

Dont mislead OP,When i was starting i was betting hundreds of times on a daily basis

With a small bankroll its trivial to bet dozens of times even on a hot bore summer Tuesdsay.
losing right !?
PaiDaMorte is offline   Reply With Quote
Old 08-10-2018, 06:33 AM   #17
SwoopAE
Carpal \'Tunnel
 
SwoopAE's Avatar
 
Join Date: Jul 2008
Location: I AM CAPITAO
Posts: 18,986
Re: Making 30-50 a day sportbetting

Quote:
Originally Posted by Hammerzitzen View Post
Buddy of mine ran bots that just picked off lines once his accounts were limited and you'd actually be pretty surprised
Oh it's doable if you have bots and enough accounts. Op does not strike me as someone with that level of organisation though. At the end of the day once you know how to find profitable spots it's all about turnover and access to outs and from there it's fairly easy to calculate your ev. It makes a lot more sense to get some outs where you can make some larger bets though for most people in most markets (even if you're starting with $50 bets it's pretty easy to grow a bankroll from there - I was betting 2-3% of my current average bet size when I first started posting here)
SwoopAE is offline   Reply With Quote
Old 08-11-2018, 09:07 AM   #18
MisterRodriguez
centurion
 
MisterRodriguez's Avatar
 
Join Date: May 2017
Location: UE
Posts: 194
Re: Making 30-50 a day sportbetting

Quote:
Originally Posted by PaiDaMorte View Post
losing right !?

yeah 500 eur to quarter mil in 10 months
MisterRodriguez is offline   Reply With Quote
Old 08-12-2018, 02:19 AM   #19
Csaba
veteran
 
Csaba's Avatar
 
Join Date: Jan 2009
Posts: 2,964
Re: Making 30-50 a day sportbetting

Quote:
Originally Posted by Hammerzitzen View Post
Buddy of mine ran bots that just picked off lines once his accounts were limited and you'd actually be pretty surprised
What did the bots do and what sort of programming knowledge was required?

I'm finishing off a Master's in which I've created a Bayesian model in runjags (JAGS interface that works via R) to model nest density of a seabird species on an island. I'm in the process of looking for modelling PhDs so it's a skill I'm hoping to develop. There's a guy that works at the University of York that has used the same software to try and predict football results so I'm planning to go through that once my course has finished. I get the feeling that this sort of modelling would be more effective for pre-match Betfair trading but haven't put much thought into it yet so I wouldn't be able to quantify that hunch in any meaningful way.
Csaba is offline   Reply With Quote
Old Yesterday, 01:54 AM   #20
Bravepitt
centurion
 
Join Date: Feb 2015
Location: I make things even better
Posts: 109
Re: Making 30-50 a day sportbetting

what is wrong with system betting?
Bravepitt is offline   Reply With Quote
Old Yesterday, 05:03 PM   #21
Bravepitt
centurion
 
Join Date: Feb 2015
Location: I make things even better
Posts: 109
Re: Making 30-50 a day sportbetting

Quote:
Originally Posted by MisterRodriguez View Post
yeah 500 eur to quarter mil in 10 months
happen that when you suck ,suck like a degen end boss and you good to go
Bravepitt is offline   Reply With Quote
Old Yesterday, 08:57 PM   #22
PSG
centurion
 
Join Date: Feb 2017
Posts: 164
Re: Making 30-50 a day sportbetting

Quote:
Originally Posted by ouinosino View Post
@PSG to make a profit of 30-50 bucks a day you need to find good bets every single day of the year and that is basically impossible to do.

and if you make 800-1000$ a week betting 20-50 a bet you are lying to yourself.
I did bet alot on e-sports mainly dota-2 , i make alot of money from that,i play the game,i watch every single tournement there is i religiously follow the game and keep with the news, so its doable oh by the way i dont always bet favourite, i like to bet the underdogs .
PSG is offline   Reply With Quote
Old Yesterday, 08:59 PM   #23
PSG
centurion
 
Join Date: Feb 2017
Posts: 164
Re: Making 30-50 a day sportbetting

Quote:
Originally Posted by SwoopAE View Post
Nobody's winning 1k a week firing $50 bets. You would need to be making close to 100 bets a day to make that sort of ev which seems unlikely or at least 50 bets a day if you're an elite handicapper, on weekdays that seems pretty unlikely. Also anyone actually winning at that rate would not be making $50 bets for very long, their unit size would quickly increase.

If you're a degen who gives it all back in the casino games then get help for your gambling problem. Anyone who can't control themselves in the pit is going to go broke no matter how good they are at sportsbetting if they can't stay away from it.
I have my own betting strat, i like to bet the underdogs which pay more , oh i didnt mention that i mainly bet on e-esport (dota 2)
PSG is offline   Reply With Quote
Old Yesterday, 09:00 PM   #24
PSG
centurion
 
Join Date: Feb 2017
Posts: 164
Re: Making 30-50 a day sportbetting

Quote:
Originally Posted by Csaba View Post
Having access to sports books that won't ban you if you win is harder than most people imagine.
i have few books, they willing to take any action below than USD10k, they dont care if you win , they only care when you not betting , in the end they get it all
PSG is offline   Reply With Quote
Old Yesterday, 09:12 PM   #25
PSG
centurion
 
Join Date: Feb 2017
Posts: 164
Re: Making 30-50 a day sportbetting

Well in my country books actually like winning player, if you're winning player they will monitor every bet you place closely and bet it on another bookmaker
PSG is offline   Reply With Quote

Reply
      

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


Forum Jump


All times are GMT -4. The time now is 11:35 PM.


Powered by vBulletin®
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
Copyright © 2008-2017, Two Plus Two Interactive
 
 
Poker Players - Streaming Live Online