There are so many ways to make money from sports betting, this is because there is no shortage of opportunities in the sports betting industry and everybody who has a little edge – anybody can have an edge – can make money from that edge. In this article, we have discussed a few ways you can make money online through sports betting, this not an exhaustive list.
- Sports Betting
This is the obvious and most popular way to make money online betting on sports. With this method, you simply decide on a sport you want to bet on and invest a bankroll on it.
It is always very easy to start betting on sports, all you have to do is simply deposit money on some bookmakers and bet on the games you want to. You can also pay professional tipsters like Matchplug to help you select winning games and the right predictions so you win most of the time.
Before you can make money on sports betting, however, you need to have an edge over the bookmakers as they almost always set their odds based on the information they have that you don’t.
- Subscribe to tipsters
With this option, you can make money by placing winning bets but you don’t have to go through or the troubles of researching teams and the game’s possible outcome. You simply pay a tipster like Matchplug who has already done the research and they would provide you with the best bets to place based on their empirical research. Tipsters are usually paid monthly or game by game.
Why you should use tipsters is because experience counts a lot in betting and tipsters are usually very experienced and know how to research games. They would offer you more winning tips.
The downside to using tipsters is that some of them are really bad at making predictions and you never quite know if they are really researching your games or just offering tips from the top of their head. Really good tipsters are quite expensive, so if you choose to make money online through tipsters, be ready to invest in it.
- Use Matched Betting
This is a betting method used by bettors to make some money from the free bets being offered by bookmakers. In other words, you are betting with the free bonuses being offered to you by bookmakers with none of your money being risked.
With this method, you would not have to deal with losing streaks and unlucky match results as it is almost risk-free. All you have to do to win all the time is to use the right free calculators and other free services to get the right bet.
The major downside to this method is that you cannot bet if there are no bonuses offered to you and even when you can bet with the bonuses, your winnings would be small and a loss could wipe out all your bonuses.
- Use Arbitrage Betting technique
The Arbing betting technique is a method of betting whereby you bet to take advantage of the different odds offered by bookmakers in order to make a profit regardless of the outcome of a game. The difference between this and matched betting is that you don’t involve bonuses and it is a sure bet winning technique.
Here there are no losing streaks and it is quite easy to find software that can help you out just like in matched betting.
However, there is a major issue with an arbing account as bookmakers do not like accounts who are arbing. In many cases accounts that bettors use in arbing are limited.
- Become an affiliate
Apart from daily sports betting, there are several ways to make money online through sports betting and the most popular has to be becoming an affiliate. This is simply using your affiliate link to ask people to sign up to a bookmakers website, and every time they bet, you get a commission usually for life. Most free tipsters use this system to get money while offering tips for free.
The good thing about this technique is that you don’t need to place a bet yourself and you may not like betting and still make money.
The downside to this technique is that you would need a large audience to get a few of them to sign up through your link, and because the margins are low, you would need some patience before you can start earning much.
