#49

Everyone who gambles regularly lies, either about what they win, what they lose or both. It therefore makes sense that most of these people who claim to earn a living via betting would be fibbing. Not that it isn’t possible, i’ve looked into spread betting, but it was so fucking boring that i might as well just work.

I’ve met a lot of people who clsim to be professional gamblers. Only one that i know of actually was and seemed good at it. He was a pretty good poker player, to the point that he’d have big wins at casinos and ended up working for a website, betting from home. He knocked it on the head within a year, though, so how lucrative could it really be if he didn’t feel it viable even when not betting with his own money?

If you’ve got capital, your best chance would probably be big stake bets on low risk outcomes. If, say, United, or Dortmund, or Juve are at home to a poor side pile on and take the 15% or 20% profit. You might get unlucky, though, and it certainly isn’t a career, but i think you could earn a few hundred quid a month quite easily.

#50

A friend’s ex boyfriend makes a living playing poker online. And he does quite well out of it. He wins some, he loses some, but he’s putting £40k plus in his bank acount each year and doesn’t work a regular job at all.

#52

Reckon it’s pretty easy to make decent money with exchange betting if you’re methodical enough.
I’m definitely not though and lose loads on stupid spontaneous bets
Also would become a bit of a grind to do full time, think I’d rather keep my boring office job

1 Like
#53

This is clearly total, total bollocks.

3 Likes
#57

I’ve got a £1 accie on the 3pms today, printing money m9s

#59

Yeah but that’s exactly the same fallacy as people who think past lottery results are an indicator of future results.

#61

I put my R2D2 dice box together a bit wrong and now I’m fighting back the tears.

2 Likes
#62

Was reading about this kind of thing last week. Allegedly some of the statistical analysts at Premier League clubs say there’s no evidence of things like bogey teams etc, yet football fans the world over will still swear they exist.

1 Like
#63

It’s almost like gambling is literally like… gambling.

2 Likes
#64

Fiver says you’re right! :money_with_wings:

#65

One thing that’s interested me is the concept of matched betting - basically you place a bet for a certain result with bookies and against that result (lay bet) somewhere else. The way you make money from this is to, with the aid of some simple maths, use free bets that bookies award all the time on the lay bet, and you’re always guaranteed a profit. From what I’ve heard though, to make any proper money you almost need to treat it as a full-time job.

#66

I mean if you’re quite good at odds/have a calculator you could just do it without the free bets and invest a lot more on the most likely events. But that sounds like even more work and you’d probably need a pretty big purse to begin with.

#67

Yeah, but that’s still not guaranteed so there’s still a risk.

#68

Surely not if you cover every eventuality, like betting on a win, loss and draw in different amounts depending on their likelihood?

#69

Mm, but the potential profit is usually so small that it’s not worth the risk…

#70

Couldn’t you (not you necessarily, but someone) write a bot program to search out appropriate matched bets, and place them? I mean, if you can use a bot to buy 500 Adele tickets, then you could do this as well.

#71

I told you not to tell anyone about those Adele tickets.

As for the gambling bot, you probably can, yes. Wouldn’t fancy it myself mind.

#72

This is what this guy did:

The betting companies are very hot on it - any hint that someone has worked out a system for actually bing in profit regularly, and they close your account.

#73

It’s almost like they don’t want us to win…

#74

A mate of mine pays for some shady service where they do all this work for you and they send you out a regular spreadsheet with all the matched bets info on. It cost him about £75 I think (annually maybe?) but he makes a fairly good return on it.

He’s been banned from a few online bookies, but reckons the market is so saturated that you just move on to another when it happens.