Do you want to win and earn more money from online sports betting?
We know your answer is "yes" obviously.
Do you want to be a professional sports gambler who can earn extra cash $5,000~$10,000 or more each month? Most bettors should answer "yes" and want to be like them seriously.
But the internet does not reveal enough information about how to be a pro, what they do, what sport they bet on, and so on. Here, we are about to reveal the exclusive insights that set them apart in this article.
1.What is a professional gambler?
A professional gambler is someone who makes a living by gambling – it is basically their job and is how they make their money to survive and / or enjoy life.
When and where do they work?
They usually work from home using many newspapers, TVs, phones, and laptops with access to the internet to watch, check and monitor betting events throughout the day.
They often work long hours from early in the morning (typically around 5 a.m.) to late at night (typically 1 or 2 a.m.), and they generally work seven days a week. But this can depend on where they live and according to the different sports and events that they gamble on in their home country and around the world.
What do they do exactly?
They will spend a lot of time checking and analyzing odds for different competitors across many sports and events. They spend a lot of time looking for arbs(arbitrage bets), value bets, insurance bets and also mistakes made by odds-makers.
To check for these odds they use odds comparison websites, have access to and accounts with many bookmakers (a minimum of 20) and are keeping track of the latest changes in the markets, prices and news that may affect the event (injuries, weather, etc.).
What sports do they bet on?
The majority of professional gamblers bet across many sports but each professional gambler is different and so there are some that bet on only one sport - horse racing for example.
The most popular sports for professional gamblers to place bets other than horse racing are “team” based sports because these sports have “scores” which have “spreads” or “handicaps” markets – the most popular team sports for professional gamblers are Football(Soccer), American Football, Baseball, Basketball and Ice Hockey.
Professional gamblers also like to gamble on the “gladiator” type sports and these are boxing, MME and tennis because they can often find great value in the results markets in these sports.
What bets do they make?
They will most often make result bets on spreads and handicaps on team based sports such as American football, basketball and football.
They will also make bets on outright winners for various competitions especially in football and tennis.
Professional gamblers will often bet the favorites in horse racing and motor racing – in fact, it is often the favorites that are made so because professional gamblers are the gamblers making big bets with the bookmakers and so the bookmakers make them favorites!
They nearly always bet singles and very rarely make accumulator type bets – maybe the most being doubles, “if” bets, trixies or patents.
Professional gamblers also “Lay” bets – they offer their own odds for events to increase their fund and to “cover” bets they have made.
How much do they bet and how often?
To make a living they need to win a lot and win often and so of course they make “big” bets.
That is, they will generally bet thousands rather than hundreds, they will also bet tens of thousands depending on their bank, their confidence and the odds given.
When you hear of bets placed of hundreds of thousands, that is usually from a super-rich person who gambles for fun and not for a living. They generally bet every day but how many bets they place will depend on what they bet on and what their losses and winnings are.
Professional gamblers will often “re-invest” winnings – they will bet a percentage of their winnings on more results. They will also place “insurance” bets to cover potential losses, so they may bet a large some – for example $10,000 on Federer to win Wimbledon and then bet against him in early rounds just in case he loses – this helps to reduce the loss of $10,000 to a smaller amount if he loses.
2.What do I need to become or to be a professional gambler?
To be or to become a professional gambler you will need to have:
1.Gambling knowledge – Obviously you will need to have vast knowledge of the markets, the sports and gambling terms and trends.
2.Money – You will need a bankroll or betting fund of a large amount to get started – at least $20,000.
3.Accounts – You will need to open many betting accounts (at least 20) so you can take advantage of bonuses, offers and the best odds available in the market all over the world.
4.Reliable Internet Access – Without this your job will be almost impossible.
5.Access to live events – You will need satellite or cable sports and internet sports coverage sites and subscriptions to monitor events for in-game betting.
6.More than one TV and computer – You will be watching and analyzing many markets and events so you will need to have many monitors available to see everything at the same time – like in a standard betting shop or betting hall.
7.Analytical skills – You will be analyzing odds, markets, odds movements and results continuously.
8.Scanning skills – You will be trying to find “value” and “stand out” prices and bets in many markets.
9.Effort – You will have to visit and check many newspapers and websites for statistical information, odds comparison and odds checking websites from early in the morning to late at night.
10.Speed – You will need to be quick to get your bets in for the prices offered.
11.Self-confidence – You will need to believe strongly in what you are doing and have the courage to make big bets and take large risks where most others will not.
3.Final Word & Recommended Bookmaker
Becoming a professional gambler can be a very rewarding occupation, both financially and mentally. However before you become one make sure that you have the knowledge and finances to do so or you could end up in some trouble! And, you have to use bookmakers that are willing to pay out large winnings. Most bookmakers don't wish for players to win, and they take measures such as betting restrictions or account suspensions against players who win too much.
On the other hand, Pinnacle does not impose restrictions, no matter how much a player keeps winning, so if you aspire to be a professional gambler, open an account with them. Most professional sports gamblers uses Pinnacle!
Even if you're not aiming to become a full-time professional, we hope the knowledge on this page helps and increases your winnings even a little! Good luck!