How much does a professional sports bettor earn?

Dedicating yourself professionally to the world of sports betting is something that very few people can say.

It all starts with small bets until, finally, you end up entering a world of statistics, analysis of the best combinations and contact with the most quoted international sports specialists.

Being a professional bettor has nothing to do with luck, but with years of studying statistics and making predictions, each time more accurate thanks to experience and, of course, by making mistakes.

If you have ever wondered how much a professional sports bettor earns, stick around. You will be surprised by the answer.

How much do professional sports bettors make?

Like the vast majority of mortals who gamble purely for leisure, the question of how much do professional sports bettor make will have crossed your mind.

Incredible as it may seem, there are people who have managed to make a living from betting. Despite the risk involved in this type of activity, or profession depending on how you look at it, there are cases of great talent that have managed to make betting their way of life.

We are dealing with sports betting tipsters who spend their days betting on all kinds of sports, although they specialize in a specific area (players, soccer leagues, field hockey, basketball, etc.).

In addition to placing bets for themselves, they can sell their predictions to other bettors. Tipster's advice, about odds, selections or the amount of money to bet, is highly valued among bettors.

Establishing a determined amount of what a bettor's annual salary can be is complicated, as explained in more detail in this interesting article written by experts in the field: https://www.habwin.com/en/post/are-there-people-who-make-a-living-from-sports-betting-tips-from-professional-bettors.

Each case is a world. Moreover, since we are dealing with a profession that is not legally recognized, not all professional bettors feel comfortable expressing how much they can earn in the world of sports betting.


How much they bet and in which markets, are aspects that determine how much a professional bettor can earn. Given the many variables, it is practically impossible to establish an exact salary.

However, based on data provided by several professional gamblers, we can establish an approximate salary that helps us understand why there are people who try to join this profession. Even though not all of them are good at it.

It is estimated that the monthly salary of a professional gambler is between 5,000 € and 10,000 € per month, although these amounts may vary from one month to another, as well as from one gambler to another.

And the fact is that experience, talent or the hours spent per day are decisive in these numbers. Willpower and commitment to routine are the most valued tools among these professionals to achieve their goals.

Tips on how to become a professional gambler


As you can imagine, being a professional bettor is not an easy task. Becoming this profile entails becoming a true sports expert, capable of carrying out exhaustive analysis and designing long-term strategies to obtain maximum profits in your bets.

Again, talent is a quality shared by these professional tipsters, which leads them to obtain profits in a considerable short period of time. In addition to this, aspects such as: hours of study, full awareness of the risks, effort and dedication, are some of the requirements that you will have to fulfill.

Here are some tips to become a professional gambler.

Training

Sports betting is, in short, an investment and, as such, you have to know what it entails and how it works.

In the same way that you would not invest your money in the stock market if you do not know how it works, placing sports bets without even knowing what a combined bet is will result in money losses.

On the other hand, the world of betting has its own glossary of terms that you will have to familiarize yourself with if you really want to become a professional bettor. Contrary to what you may think, professional bettors are people with a great academic background that allows them to know what to do at all times.

Dedication

Professional bettors especially stress the importance of routine and consistency.

Do not want to see results in the short term. If you want to become a professional bettor, you will need a few years, a lot of dedication and effort to unravel all the secrets of sports betting.

Besides having full knowledge about the sports and sports leagues you bet on, your intuition is another great asset to get profits. In this sense, you have to be clear about the validity of your bets, that is to say, to be sure that your bets are good enough to opt for them.

On the other hand, you cannot rely on good or bad streaks. The world of sports betting is very changeable, and everyone goes through their best and worst moments.

Beware of combinations

Combined bets offer the possibility of multiplying your winnings. If you place a good combination bet, they offer a high profit margin. However, there is also a higher risk, since the probability of losing is also higher.

Therefore, if you are just starting out in the world of sports betting, the best thing to do is to start with the simple ones and, as you become more comfortable and make accurate forecasts, start with the multiples.

Keeping up to date with the sport

It is not enough to get information from the summary of the news. If you want to become a tipster and know, first hand, how much a professional bettor earns, being up to date on everything related to sports and leagues is crucial.

Control your bankroll

One of the main qualities and differentiating features of a professional bettor from a non-professional is how he manages his bankroll.

In the same way that professional poker players act, professional bettors manage their bankroll very effectively. One of their maxims is not to exceed their betting limits, no matter how tempting the bet is. 

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