- Life Of A Professional Gambler
- What Is A Professional Sports Gambler
- What Does A Professional Sports Gambler Do
Home > Sports Betting > Sports Betting Articles > Pros of Being a Professional Sports Gambler
Pro sports bettors seem to be living the high life. They own their time and make lots of money from wagering on sports. The profits they earn are enough to support their lifestyles and their families. However, this kind of success is born of determination, expert knowledge, and experience. A professional sports gambler, though, knows better and he or she will always only care about one thing and one thing alone – value. Professional sports gamblers do not need value, they need better lines, and that is why most bettors move to states where sports betting is.
People bet on sports for a variety of different reasons. Some do it because they find it makes watching sports even more exciting, while others do it simply because they like the buzz that betting gives them. For some people it's all about testing their sports knowledge while others enjoy trying to 'beat the bookmakers.'
Not everyone who places these bets are particularly concerned about the amount of money they win or lose. Any money lost might be viewed simply as an entertainment cost, while any money won would be considered a bonus. Even those that are betting for the challenge may be more interested in the satisfaction they get from winning over the actual profit they make.
Betting For A Living Can Be Solitary Life as a professional sports gambler can be a very solitary existence. Most of your time working will be spent on research, analyzing your records, developing strategies and systems, and placing your wagers. Unless you are part of a. James Holzhauer is an American game show contestant and professional sports gambler. He is the third-highest-earning American game show contestant of all time and is best known for his 32-game winning streak as champion on the quiz show Jeopardy!
With all of that being said, however, it would be reasonable to assume that a sizable percentage of people that bet on sports do so because they want to win some money. That's certainly our view. We've also found that many bettors have, at some point, thought (or dreamed) about making a living through betting and becoming a professional sports gambler.
That's why we've put together these series of articles on life as a professional sports gambler. We cover the pros and cons of making a living this way, and we look at what's required to make it possible. We provide some advice on getting started too. In the future, we are going to add interviews with professional full time sports bettors, to give you special insight into what it's really like.
In this first article of the series, we look at the pros of life as a professional sports gambler. There are plenty of pros that we could address, but we're just going to focus on the ones we believe are the most appealing.
You Can Choose Your Own Hours
Choosing how many hours you work and when you work them is a very attractive concept to most people. Being a professional sports gambler gives you this flexibility, to some extent at least, because much of the work you need to do can be done anytime you choose. It's also ultimately up to you to choose how many hours you put in.
Of course, there may be certain times when you absolutely have to work. If you make money through live betting on tennis, for example, then you obviously need to be online and placing your wagers while the matches are taking place. When betting in advance of events, though, you can place your wagers within a much more flexible timeline. Things like research, analyzing your betting records, and developing new strategies can also be done at your convenience.
Bear in mind, though, that this doesn't necessarily mean you can get away with not working a lot. You might have some success without putting in too many hours, but most professional sports gamblers have to work long and hard to get the results they want.
No Boss Telling You What To Do
Not having a boss to answer to also is obviously appealing. There's no-one to tell what you to do or when to do it. As a professional sports gambler you are essentially in complete control of your working life. You don't have to do things in a certain way to appeal to what someone else wants, and you have the opportunity to put your own methods and procedures in place. Essentially, you work in whatever way you feel is best for you.
You can also have time off whenever you need it, without having to seek permission and you won't be called into work at inconvenient times either. This kind of freedom can really help you get the right balance between work and your personal life, which can in turn make for a happy and fulfilling lifestyle.
You Can Work From Almost Anywhere
As a professional sports gambler you don't just have flexibility on when and how you work, you also have flexibility on where you work. You can work from almost anywhere, which gives you even more freedom to live your life the way you want to.
Providing you have internet access, you can do your research and place your wagers no matter where you are. Nowadays you also have the option to bet on your mobile devices, so you don't even need a computer or laptop. You can be wherever you want to be and still be able to do your job.
There Is Huge Earning Potential
Life Of A Professional Gambler
The earning potential of professional betting is perhaps the most appealing pro of all. If you're good at your job, then you may be able to make the kind of money that most people only dream of. However, you shouldn't view sports betting as a 'get rich quick scheme,' because it isn't, but it's certainly possible to make a decent income from it.
Don't forget, though, that there's always risk involved in any form of gambling. Essentially, in order to make more money, you have to risk more money. This is why it's important to have a decent amount of money to start with before taking up betting as your full time job. It's also a good idea not to seek after huge gains in the beginning, but rather try to build up your income over time.
You Can Have A Lot Of Fun
The final advantage we're going to mention here is that being a professional sports gambler can be a lot of fun. That won't necessarily always be the case because there will probably be times when things aren't going great, but when things are going well it can be very enjoyable. Earning a decent income, working at your convenience, and watching plenty of sports is hardly a chore.
What Is A Professional Sports Gambler
We have obviously painted a pretty attractive picture of what life as a professional sports gambler can look like. Please don't assume that betting on sports for a living is all rainbows and butterflies though. It's not easy to succeed, and the life doesn't come without its downsides either. We address the cons of professional sports gambling in the next article of this series.
Professional gamblers win by having an edge. An edge is where their bets are not always winners, but they bet on enough “value” bets where the bookmakers odds are incorrect, so that in the long term they make profit. Gambler X is a professional sports bettor who makes his living betting legally in Las Vegas.
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Likewise, people ask, do professional sports bettors make money?
Likewise, people ask, do professional sports bettors make money?
Professional sports bettors usually win anywhere from 53.5% to 55.0% of the time. Pro sports bettors must be very adept at handling their bankroll since they're dealing with such a small profit margin. They also need to make larger wagers than the average bettor to increase potential profits.
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Likewise, is it possible to be a professional sports gambler? Being a professional sports gambler gives you this flexibility, to some extent at least, because much of the work you need to do can be done anytime you choose. You might have some success without putting in too many hours, but most professional sports gamblers have to work long and hard to get the results they want.
Similarly, it is asked, what percent of sports gamblers win?
Professional sports bettors rarely sustain a long-term winning percentage higher than 55 percent, and it's often as low as 53 or 54 percent.
What Does A Professional Sports Gambler Do
How do I become a successful sports bettor?
Top Tips For Successful Sports Betting
- Trust Us.
- Set Achievable Objectives.
- Learn All the Basics.
- Set a Budget & Use a Staking Plan.
- Be Selective.
- Place Your Wagers Online.
- Understand the Concept of Value.
- Learn Some Simple Betting Strategies.