How to Make a Living from Sports Betting Part 2/3

An important element is your starting point. Just like with more traditional forms of investing such as stocks or real estate, if one already has the money it becomes easier to accumulate more of it.

How to Make a Living from Sports Betting Part 1/3

This is the first out of a three-part article series, which purpose is to investigate how one can make money from sports betting and the requirements of making a living from it.

How to Distribute your Value Betting Bankroll

I always want to max out a deposit bonus. Deposit bonuses vary from anywhere between $100-$300. Before depositing at a bookie with a $300 bonus, I’d wait until I’m able to max out that bonus.

Bankroll management: How Bet Sizing Impacts Your Sports Betting Using The Kelly Criterion

Bet sizing plays an extremely important role in any profitable betting strategy, and in this article, we’re going to try to give some insight into exactly how important it is.

Why People Fail With Trademate

Overall, Trademate customers have made a net profit of €4,2M from the 1st of January 2016 - September 2019. The majority of customers using Trademate are profitable and as covered in this article, the more trades people place, the more profitable they are.

How Does Value Betting Work?

If you are thinking that betting on coin flips and sports are not the same thing, you are right. As opposed to the coin flip, the problem with sports is that you do not know the probability of a win, draw or defeat. So how do we determine it?

What is expected value in sports betting?

In probability theory, the expected value of a random variable, intuitively, is the long-run average value of repetitions of the experiment it represents. E.g. the expected value of gett

How Efficient are Sports Betting Markets?

Typically an odds line will be placed by a bookmaker after they have performed a statistical analysis, which takes all the information they have available into consideration, for instance, the team’s lineup, injuries, and historical performance.

Closing line: The most important metric in Sports Trading

As part of any form of investing, it is important to have a benchmark that you can compare your performance against. Otherwise, you do not know whether the results you are getting are because you have made smart decisions or luck.

Value Bets: How does value occur in Sports Betting?

Value bets occur when you've got the upper hand on the bookmakers or the markets.

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