The Reality of Sports Betting Profitability
Time to Read: 10 minutesCan you make money betting on Sports? TLDR: Possibly, but not very much.
If you're reading this and have a strategy that enables you to bet profitably, one of three things is happening:
a) you're expriencing a short term period of profit but will ultimately revert to losing money ;or
b) you're in the minority of gamblers who are profitable, although you're probably not winning very much (nevertheless, well done, every little helps!) ;or
c) you're among the incredibly small group of gamblers who are able to make a contribution to their income, and possibly even live off their efforts.
This is perhaps not the view you were expecting, particularly on a football stats and bet tracking website. Well let's clarify the above statements further and then look at some possible options (spoiler alert: the conclusion above does not change).