To many, becoming a Professional Gambler could be a dream job, but can it be done? This article looks at how it's possible to succeed, and also the traits and factors that the professionals have in common.
Among the first factors must be establishing a betting bank which is used exclusively due to this purpose, it must not be money that's necessary for day to day bills 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 internet bookmakers are used to build a bank through risk free betting. It really is quite possible to build up a betting bank running into thousands of pounds using this method.
It's going to then be necessary to establish the portfolio of methods that you'll be applying. Although horse racing is usually the very first sport many think of when we talk about betting, most professionals will spread their risk across different sports, betting on Tennis, Soccer, Cricket etc. This has the effect of creating a managed betting portfolio similar to how investments are made in the stock market. The actual methods used will be a mix 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 has to be able to take a long-term view of their betting activity and also by keeping accurate records be happy to accept the inevitable ups and downs. The key to survival is the generation of consistent profits in the long run, not the daily results.
Following the creation of the betting exchanges, primarily betfair, a big number of the professionals i know include an element of trading in their betting activities. This means they look to place back or lay bets which are then traded out for a profit prior to the event has finished, or in many cases before the event has even started!
With that said, the obvious question is where to start, and this can be the main stumbling block, it certainly was for myself! The internet is awash with "Guaranteed" winning betting systems that produce the most outrageous claims of success. In my experience 90% of these fail to deliver. As an initial pointer I would suggest that you will want to look for some or all the following characteristics when it comes to a method to add to your portfolio:
Will be the previous results disclosed verified and safe online casino football (More suggestions) checkable? Is there a real person you can contact( and also you should contact them as the quality of their reply will often give an indication of the person behind the system) Is there a secure Refund?
In conclusion, it's certainly possible to make consistent long term profits on a part-time as well as full-time basis from betting, myself and many others that I know personally are proof of this, but it is rather easy to lose money in the event that you don't set about the process in the proper way. Please feel free to visit my website for a far more in-depth analysis of several of the factors that will determine your success.
Among the first factors must be establishing a betting bank which is used exclusively due to this purpose, it must not be money that's necessary for day to day bills 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 internet bookmakers are used to build a bank through risk free betting. It really is quite possible to build up a betting bank running into thousands of pounds using this method.
It's going to then be necessary to establish the portfolio of methods that you'll be applying. Although horse racing is usually the very first sport many think of when we talk about betting, most professionals will spread their risk across different sports, betting on Tennis, Soccer, Cricket etc. This has the effect of creating a managed betting portfolio similar to how investments are made in the stock market. The actual methods used will be a mix 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 has to be able to take a long-term view of their betting activity and also by keeping accurate records be happy to accept the inevitable ups and downs. The key to survival is the generation of consistent profits in the long run, not the daily results.
Following the creation of the betting exchanges, primarily betfair, a big number of the professionals i know include an element of trading in their betting activities. This means they look to place back or lay bets which are then traded out for a profit prior to the event has finished, or in many cases before the event has even started!
With that said, the obvious question is where to start, and this can be the main stumbling block, it certainly was for myself! The internet is awash with "Guaranteed" winning betting systems that produce the most outrageous claims of success. In my experience 90% of these fail to deliver. As an initial pointer I would suggest that you will want to look for some or all the following characteristics when it comes to a method to add to your portfolio:
Will be the previous results disclosed verified and safe online casino football (More suggestions) checkable? Is there a real person you can contact( and also you should contact them as the quality of their reply will often give an indication of the person behind the system) Is there a secure Refund?
In conclusion, it's certainly possible to make consistent long term profits on a part-time as well as full-time basis from betting, myself and many others that I know personally are proof of this, but it is rather easy to lose money in the event that you don't set about the process in the proper way. Please feel free to visit my website for a far more in-depth analysis of several of the factors that will determine your success.