To many, being a Professional Gambler will be a dream job, but can it be done? This article looks at how it's possible to have success, and also the traits and concerns that the professionals have in common.
One of the first concerns has to be establishing a betting bank which is used exclusively because of this purpose, it must not be money which is necessary for day to day living expenditures or bills and has to be money you are prepared to lose. A popular way of establishing this initial bank is through matched betting, a technique where the bonuses provided by the on-line bookmakers are used to build a bank through risk free betting. It is entirely possible to build up a betting bank running into thousands of pounds using this method.
It shall then be necessary to establish the portfolio of methods that you will be applying. Although horse racing is usually the very first sport many think of as we talk about betting, most professionals will spread their risk across different sports betting - Istitutocomprensivochignolopo official blog,, betting on Tennis, Soccer, Cricket etc. This has the effect of creating a managed betting portfolio just like how investments are made within the stock market. The specific methods used will be a variety of tried and tested methods supplied by third parties, and methods that the professional has developed for themselves over-time.
An essential component will be the psychology of the Professional. They must be able to take a long term view of their betting activity through keeping accurate records be happy to accept the inevitable ups and downs. The key to survival will be the generation of consistent profits over time, not the daily results.
Following the creation of the betting exchanges, primarily betfair, a large number of the professionals i know include an element of trading within their betting activities. Therefore they look to place back or lay bets which are then traded out for a profit ahead of the event has finished, or even in many cases prior to the event has even started!
With that said, the obvious question is where to start, which can be the main stumbling block, it certainly was for myself! The net is awash with "Guaranteed" winning betting systems that produce the most outrageous claims of success. In my experience 90% of these fail to deliver. Being an initial pointer I would suggest that you will want to look for some or all the following characteristics when contemplating a approach to add to your portfolio:
Will be the previous results disclosed verified and checkable? Is there a real person you may contact( and also you should contact them as the quality of their reply will often give an indication of the individual behind the system) Is there a safe and secure Refund?
In conclusion, it really is certainly possible to make consistent long term profits on a part time or maybe full time basis from betting, myself and several others that I know personally are evidence of this, but it is exceedingly easy to lose money if you don't set about the process in the correct way. Please feel free to visit my website for a far more in-depth analysis of several of the factors which will determine your success.
One of the first concerns has to be establishing a betting bank which is used exclusively because of this purpose, it must not be money which is necessary for day to day living expenditures or bills and has to be money you are prepared to lose. A popular way of establishing this initial bank is through matched betting, a technique where the bonuses provided by the on-line bookmakers are used to build a bank through risk free betting. It is entirely possible to build up a betting bank running into thousands of pounds using this method.
It shall then be necessary to establish the portfolio of methods that you will be applying. Although horse racing is usually the very first sport many think of as we talk about betting, most professionals will spread their risk across different sports betting - Istitutocomprensivochignolopo official blog,, betting on Tennis, Soccer, Cricket etc. This has the effect of creating a managed betting portfolio just like how investments are made within the stock market. The specific methods used will be a variety of tried and tested methods supplied by third parties, and methods that the professional has developed for themselves over-time.
An essential component will be the psychology of the Professional. They must be able to take a long term view of their betting activity through keeping accurate records be happy to accept the inevitable ups and downs. The key to survival will be the generation of consistent profits over time, not the daily results.
Following the creation of the betting exchanges, primarily betfair, a large number of the professionals i know include an element of trading within their betting activities. Therefore they look to place back or lay bets which are then traded out for a profit ahead of the event has finished, or even in many cases prior to the event has even started!
With that said, the obvious question is where to start, which can be the main stumbling block, it certainly was for myself! The net is awash with "Guaranteed" winning betting systems that produce the most outrageous claims of success. In my experience 90% of these fail to deliver. Being an initial pointer I would suggest that you will want to look for some or all the following characteristics when contemplating a approach to add to your portfolio:
Will be the previous results disclosed verified and checkable? Is there a real person you may contact( and also you should contact them as the quality of their reply will often give an indication of the individual behind the system) Is there a safe and secure Refund?
In conclusion, it really is certainly possible to make consistent long term profits on a part time or maybe full time basis from betting, myself and several others that I know personally are evidence of this, but it is exceedingly easy to lose money if you don't set about the process in the correct way. Please feel free to visit my website for a far more in-depth analysis of several of the factors which will determine your success.