Professional Sportsbook Betting – So you want to fulfill every man’s dream who has ever gambled huh? You want to be a professional gambler and earn all your income just from gambling. Like any other job, it takes a lot of knowledge, time and dedication. MoreThanFans has consulted several professional sports bettors and we have compiled a list of the most important things to become a professional bettor.
First before we get into the specifics, bettors should be able to pick a winner at least 54% of the time. If you’re just jude-law.net hitting 40% consistently, following the guidelines here won’t help you. You need to be able to pick a winner to become a professional bettor.
Have a big bankroll
To become a professional bettor, having a big bankroll to start with is very important. If you only had $10,000 and you needed to make $50,000 every year, you would bet outside your bankroll to try and make $50,000. Most professional bettors start with a $100,000-$200,000 bankroll. This way you can bet $2,000-$3,000 per unit and stay within your bankroll.
Undoubtedly, managing your money is the most important aspect apart from picking winners. Most sports bettors make it to 54%, but they manage their bankroll so badly that they end up losing money at the end of the season. Most professional bettors recommend betting 2% as your standard bet on each game, and sometimes doubling your bet on the games you really like. Everyone who does this for a living realizes this is a long term process. Lost days will come, and sometimes you will feel so sad after a terrible day, that you start to wonder why you had to go through this.
The amount of time you will spend playing handicaps will be more than most people who work a typical 9-5 job. However, most people also prefer to do something they love and work on their own schedule, so it’s a give and take job.
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Many professional bettors say that when they first start betting professionally, life starts to go downhill. They will have relationship problems, gain weight, get sick more often and generally just be in a bad mood more often than ever before. They all realized after a while that they needed to have a tighter schedule with their routine. If they were disabled for 4 hours in the morning and then exercised for an hour and then returned to being disabled, most of them did better. They also say leaving free time for important things like family, meals and leisure activities is critical to their success.
Professional sports betting has changed a lot in the last five years. The majority of professional bettors now mainly bet online because of the simplicity, higher limits and reduced juice. When betting online, you can also use line services like Don Best and SportsInsights, which update moving lines at offshore sportsbooks.
In addition to the things above, having a good internet connection is also important. If you try to watch channel updates and browse information all day long, the 56k modem will get old very quickly. You will have trouble getting bets quickly and will spend 2x more time on the computer due to lag.
Most of the bettors we spoke to believe that a good sports bettor can do this for a living, they just need to take it more seriously and tighten their routine.