If you treat online sports betting as an investment, then you CAN make nice betting profits on a regular basis.
What I love about making money in sports betting is a simple fact that all the money that you earn with sports betting is tax free.
Yes – you keep all the money (at least this is the case with most countries in the world).
Sports betting is in a way very similar to trading on stock market. Basics of making money on stock market is to buy low and sell high.
Similar is with sports betting – you make risk free betting money by backing at high odd and laying at low odd on most used betting exchange Betfair.
This is such a common and freely available strategy (and used in daily life since human race exist) that it’s actually a paradox that it’s a proven fact that around 98% of people are constantly losing money.
This is maybe caused by emotionally driven urge to beat your opponent (in this case online sportsbooks) or to make fast and easy money by backing high odd winners in horse racing betting.
But what makes a difference between a successful and the average broker on stock market, is also true when comparing a successful and average sports bettor.
And this difference are information and knowing what time to buy (lay) and what time to sell (back).
If you know where to get such betting information and what time to make a move, then you can make risk free money even in such unpredictable industry as online sports betting.
You would be surprised how much useful information are freely available online but I guess it’s true when they say that information is as good as the person that is using it.
But even this can be learned even if you are a beginner in the world of online sports betting or if you have never placed a bet online in your life.