{"id":974075,"date":"2022-02-02T21:09:29","date_gmt":"2022-02-02T21:09:29","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/02\/02\/ways-of-making-money-in-betting\/"},"modified":"2022-02-02T21:09:29","modified_gmt":"2022-02-02T21:09:29","slug":"ways-of-making-money-in-betting","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/02\/02\/ways-of-making-money-in-betting\/","title":{"rendered":"Ways of making money in betting."},"content":{"rendered":"<p><\/p>\n<div>\n<article>\n<p><img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/02\/ba67214e04744ade8780498da958e6af\"\/>I have always been fascinated by beating the casino at their own game and in 2009 with the financial crisis in full swing that fascination became an obsession. But after lots of trial and error, experimenting, and false starts I finally was able to turn that obsession into a career and make money gambling. I was a professional gambler. Over many years it was my full-time job, making over a million pounds along the way. I started with matched betting and then moved to arbitrage while dipping my toes into every other form of professional gambling.<\/p>\n<p>In this post, I take you through seven different ways to make money gambling and talk about their pros and cons.<\/p>\n<p>But before we start, if this is all new to you I recommend starting with Matched Betting as it is the easiest and least risky. Here is my detailed how-to guide on Matched Betting. <\/p>\n<h2>OR<\/h2>\n<p><img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/02\/2a5cbe21a7324f9f9a84ec62991c93cb\"\/><\/p>\n<p><strong style=\"font-size: 0.16rem; color: rgb(55, 172, 142);\">Start with Smart Betting Bankroll<\/strong> If you want to make money, you <strong style=\"font-size: 0.16rem; color: rgb(55, 172, 142);\">should<\/strong> start with betting <strong style=\"font-size: 0.16rem; color: rgb(55, 172, 142);\">funds that can absorb losses. A minimum<\/strong> of <strong style=\"font-size: 0.16rem; color: rgb(55, 172, 142);\">50 units of funds is recommended if you wish<\/strong> to bet in <strong style=\"font-size: 0.16rem; color: rgb(55, 172, 142);\">units<\/strong> with an average beat of 1 <strong style=\"font-size: 0.16rem; color: rgb(55, 172, 142);\">unit. minimum.<\/strong> <\/p>\n<p> <strong style=\"color: rgb(55, 172, 142);\">Good. So<\/strong> you can only afford <strong style=\"color: rgb(55, 172, 142);\">1000 euros<\/strong> of <strong style=\"color: rgb(55, 172, 142);\">funds. That is, the<\/strong> average unit <strong style=\"color: rgb(55, 172, 142);\">would<\/strong> be 20. <strong style=\"color: rgb(55, 172, 142);\">It may sound a little bit, but<\/strong> we know you want to be a <strong style=\"color: rgb(55, 172, 142);\">big player. Well,<\/strong> a <strong style=\"color: rgb(55, 172, 142);\">\u20ac1,000 fund<\/strong> can quickly turn into a <strong style=\"color: rgb(55, 172, 142);\">sizable sum<\/strong> with <strong style=\"color: rgb(55, 172, 142);\">continued<\/strong> value recognition and <strong style=\"color: rgb(55, 172, 142);\">a reasonable betting<\/strong> plan. <\/p>\n<p> <strong style=\"color: rgb(55, 172, 142);\">Let&#8217;s<\/strong> say you <strong style=\"color: rgb(55, 172, 142);\">make<\/strong> 200 bets <strong style=\"color: rgb(55, 172, 142);\">per<\/strong> year. And for <strong style=\"color: rgb(55, 172, 142);\">the<\/strong> sake <strong style=\"color: rgb(55, 172, 142);\">of argument, let&#8217;s<\/strong> say they all <strong style=\"color: rgb(55, 172, 142);\">have odds<\/strong> of 1.90 and you hit 54% <strong style=\"color: rgb(55, 172, 142);\">of strikes. Well,<\/strong> with <strong style=\"color: rgb(55, 172, 142);\">Kelly&#8217;s partial betting<\/strong> plan, <strong style=\"color: rgb(55, 172, 142);\">your funds will be around \u20ac1100.00 as your 200 bets will be equal in the long run depending on the winning stability<\/strong> at the end of the <strong style=\"color: rgb(55, 172, 142);\">bet.<\/strong> Yeah, I hear what you`re saying \u2013 that`s only 100.00 profit over the year. Well, that`s just betting 200 bets a year, with a 2.6% average return per bet.<\/p>\n<p>Content created and supplied by: BansonHenry (via  Opera<br \/>\nNews )<\/p>\n<\/article>\n<p class=\"copyright hide\">\n<span class=\"content\">    ,  .   ,     .       () , , , , , , , , .      \/ ,  and\/or  .     ,  , and\/or  ,      and\/or     <\/span><br \/>\n<span class=\"see-more\"><\/span>\n<\/p>\n<section class=\"tags\">\n<\/section>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>I have always been fascinated by beating the casino at their own game and in 2009 with the financial crisis in full swing that fascination became an obsession. But after lots of trial and error, experimenting, and false starts I finally was able to turn that obsession into a career and make money gambling. I [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":974076,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-974075","post","type-post","status-publish","format-standard","has-post-thumbnail","category-top-stories"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/974075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=974075"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/974075\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=974075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=974075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=974075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}