Is there a safe way to make money through football - soccer betting?

[MoneyDoc]

There's only one way to break the cycle. It's to push back, realize that over time the best you can hope for is break even. Looking at it as entertainment, and disciplining yourself into a bankroll of money you'd be OK losing.

I've gambled money before that would have been 10x better deployed into funding business initiatives. I've gambled against odds I knew over time would beat me, hoping for an element of luck.

I walked away on an upnote. That was the only way to win. Not to ever put the money on the line again.

I still will gamble (mostly on horses) but for the love of the game, the love of the math, and the intellectual chess match.

The only way I can ensure I win is if I never give it back. In 2015, I have 2 tax forms from 2 casinos. But, the most I ever had at risk was a few hundred bucks. I am not saying I was a high roller (I wasn't), but I got enough of a taste the years prior of the emotional swings and highs and deep lows that I now play only for fun and only with a reasonable bank roll. The wins feel better, and the losses don't hurt when you play for fun.

If I am going to gamble in the future, I'll gamble on myself, on my business, and on my future. Those are gambles in which I can better effect the odds. Calculated, non-delusional risks with a much better ROI.

Look at what I went through from July 18 2016 up till August 15 2016. To everyone looking into gambling, sports in my case, look at my betting history for the most recent month (keep in mind, I am not your average bettor. I knew what I was doing. I was looking at lines, I don't even know the lineups for some of the teams I bet on). Look at what Vigilante is saying. You have losses. You have streaks of winning (I had a 5 game streak on the second last pic). Look at my losing streaks. Look at the amount of money I wagered EACH time. Look at the dates I wagered, the times I wagered. Addiction to gambling is very tough both mentally and emotionally. It BREAKS you down no matter how strong you are. I just took these screenshots now, and I'm already feeling like shit. It's bringing back the memories that almost destroyed me. I literally cried every single day, why did I become into this monster, I kept on telling myself. It's not an experience I would wish on anyone

Start from pic 1, read from bottom to top on each pic. This covers July 18th to August 15th (august 15 2016 = day I stopped).

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[Vigilante]

Look at what I went through from July 18 2016 up till August 15 2016. To everyone looking into gambling, sports in my case, look at my betting history for the most recent month (keep in mind, I am not your average bettor. I knew what I was doing. I was looking at lines, I don't even know the lineups for some of the teams I bet on). Look at what Vigilante is saying. You have losses. You have streaks of winning (I had a 5 game streak on the second last pic). Look at my losing streaks. Look at the amount of money I wagered EACH time. Look at the dates I wagered, the times I wagered. Addiction to gambling is very tough both mentally and emotionally. It BREAKS you down no matter how strong you are. I just took these screenshots now, and I'm already feeling like shit. It's bringing back the memories that almost destroyed me. I literally cried every single day, why did I become into this monster, I kept on telling myself. It's not an experience I would wish on anyone

Start from pic 1, read from bottom to top on each pic. This covers July 18th to August 15th (august 15 2016 = day I stopped).

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Morning.
Noon.
Night.
1:00AM.

This.

However, you can break the cycle. You break it by disengaging. You win by disengaging. Even if you ended on a down note, you won the day you realized what this had become.

You had some amazing wins. Probably fun games to watch.

You had some horrible losses. Probably made you sick to your stomach. Physically sick. I remember a few deep losses when I couldn't even concentrate any more. Dizzy. Sick.

But when you step off the roller coaster, the swings... go away completely.

Anyone that thinks this is a F*cking GAME or that you can game the system, please study those charts. I quickly read every line. Every time stamp. Every wager. Every win. Every loss. Those charts tell a story much deeper than the bet on that individual game.

 

[ddzc]

Look at what I went through from July 18 2016 up till August 15 2016. To everyone looking into gambling, sports in my case, look at my betting history for the most recent month (keep in mind, I am not your average bettor. I knew what I was doing. I was looking at lines, I don't even know the lineups for some of the teams I bet on). Look at what Vigilante is saying. You have losses. You have streaks of winning (I had a 5 game streak on the second last pic). Look at my losing streaks. Look at the amount of money I wagered EACH time. Look at the dates I wagered, the times I wagered. Addiction to gambling is very tough both mentally and emotionally. It BREAKS you down no matter how strong you are. I just took these screenshots now, and I'm already feeling like shit. It's bringing back the memories that almost destroyed me. I literally cried every single day, why did I become into this monster, I kept on telling myself. It's not an experience I would wish on anyone

Start from pic 1, read from bottom to top on each pic. This covers July 18th to August 15th (august 15 2016 = day I stopped).

. View attachment 13013 View attachment 13014 View attachment 13015 View attachment 13016 View attachment 13017 View attachment 13018 View attachment 13019 View attachment 13020

Damn, that's insane man. NY got lucky over Toronto with that win on Monday, that could have easily turned in to a loss. My stomach turned just looking at those loses and it's not even my money. This is a really bad addiction, get out, unless you have millions in the bank and don't care about losing a few thousand here and there, different story.

During football season, I maybe spend 100-150 a month which is nothing and I usually break even with the wins at the end of the season.

 

[MoneyDoc]

Look at what I went through from July 18 2016 up till August 15 2016. To everyone looking into gambling, sports in my case, look at my betting history for the most recent month (keep in mind, I am not your average bettor. I knew what I was doing. I was looking at lines, I don't even know the lineups for some of the teams I bet on). Look at what Vigilante is saying. You have losses. You have streaks of winning (I had a 5 game streak on the second last pic). Look at my losing streaks. Look at the amount of money I wagered EACH time. Look at the dates I wagered, the times I wagered. Addiction to gambling is very tough both mentally and emotionally. It BREAKS you down no matter how strong you are. I just took these screenshots now, and I'm already feeling like shit. It's bringing back the memories that almost destroyed me. I literally cried every single day, why did I become into this monster, I kept on telling myself. It's not an experience I would wish on anyone

Start from pic 1, read from bottom to top on each pic. This covers July 18th to August 15th (august 15 2016 = day I stopped).

. View attachment 13013 View attachment 13014 View attachment 13015 View attachment 13016 View attachment 13017 View attachment 13018 View attachment 13019 View attachment 13020

Sorry for bumping such an old post guys... but I randomly stumbled upon this post of mine from 3 years ago and literally cried for 5 minutes. WOW. If NY lost to Toronto (got VERY lucky) my fate would’ve been SO different. Like I’m talking to the extent of I probably wouldn’t have been here after that day. Just a daily reminder to be super grateful.

 

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[Rikochi]

this forum is full of really clever people.i am asking this question here in order to understand if there is a way around it? small amounts of money to win - low risk.

i do not bet at all since february 2014. i will not start it again because now i really see money as soldiers. no penny must be lost!

but i see people in my job that are always saying that they win with a system all the time. i asked.they don't say. is there anyone in here who has done it?

In a word YES.
The system is referred to as ”matched betting “ . On a basic level you take advantage of online bookies opening offers.
There is a learning curve on this, but a great online community to help. I use “oddsmonkey” but there are others to choose from.
I started this 18 months ago and have managed to raise £10,000 and currently earning £1000 per month on 1hrs work per week.
The big warning here is bookies spend millions on research to convert you into a problem gambler, use mathematics to beat the system.
Pros and cons.
Pros.
Good returns, this is the first system I used where you can see an instant return. This opened my eyes on the possibilities of alternatives to the time/money link.
Open to everyone over the age of 18
Legitimate tax free earnings (unbelievable)
Very small initial investment
Cons
As mentioned above could be an issue for problem gambler
Limited to the opening offers which limits scale, this can be over come on the bet365/paddy power 2up offer and arbitrage.
Bookies are not stupid, they figure out what your doing and withdraw their offers from you.
In summary, this fails the floor/ceiling test, but it does get you over the next hurdle of limited capital for the next project-idea .








p.s.
i believe there must be a mix of over-under and martingale system.

p.s.2
i lost 50 euro yesterday.i honestly almost cried! thank god i found it stuck between the seats of the car half an hour later!

 

[Rikochi]

In a word YES.
The system is referred to as ”matched betting “ . On a basic level you take advantage of online bookies opening offers.
There is a learning curve on this, but a great online community to help. I use “oddsmonkey” but there are others to choose from.
I started this 18 months ago and have managed to raise £10,000 and currently earning £1000 per month on 1hrs work per week.
The big warning here is bookies spend millions on research to convert you into a problem gambler, use mathematics to beat the system.
Pros and cons.
Pros.
Good returns, this is the first system I used where you can see an instant return. This opened my eyes on the possibilities of alternatives to the time/money link.
Open to everyone over the age of 18
Legitimate tax free earnings (unbelievable)
Very small initial investment
Cons
As mentioned above could be an issue for problem gambler
Limited to the opening offers which limits scale, this can be over come on the bet365/paddy power 2up offer and arbitrage.
Bookies are not stupid, they figure out what your doing and withdraw their offers from you.
In summary, this fails the floor/ceiling test, but it does get you over the next hurdle of limited capital for the next project-idea .

 

[Deleted72597]

I have heard about someone who made a profit betting on soccer by taking advantage of different betting companies (in different countries) setting contradicting odds, so that one is guaranteed to make a profit by betting on all three options at three (or more) different betting companies. I can't verify this. Might also be a thing in different sports (if it is a thing at all).

I have also seen a documentary about a guy (with a small team) who made substantial money by betting on tennis, using radio communication and taking advantage of the brief duration inbetween a point being gained and the point being called by referee and transmitted as data signals to betting companies. The team was faster to register bets than referee was to call and transfer. This was not illegal, but frowned upon, much like counting cards in Blackjack.

 

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[MattR82]

So sad. Use your time better, people.

Some of my friends are gamblers. It doesn't look fun or successful to me.

 

[MoreVolume]

I turned $500 into a little under $10K betting on soccer and basketball back in 2014. This was in a span of 4 months

If you don’t actually understand what you’re seeing on the field, then betting is a waste of time, because you WILL
Lose. Most people don’t even know how to break down the actin on the field

 

[G-Man]

Best options for consistently making money on gambling:
Own a casino
Serve drinks in a casino
Be a bookie
Rob a bookie
Fix sporting events
Start a government and tax gambling (variation on “rob a bookie”)
Write a book about gambling strategy
Meet Danny Ocean

All of these are better options than actually gambling IMHO

 

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[NFLner]

I have had some success betting the NBA over the past couple of years. But it is not for everyone.

 

[Kevin88660]

My opinion is don’t bother.

if you can make money from a negative sum game- taking the opposite si of book makers, you have the ability to make much more money in business.

I am in sales and I always joke to my colleague, when you feel like playing the slot machine it is better to go door knocking on sales. Your capital at risk is transportation cost and time, and the potential deal size that you can is in theory uncapped. Minimal downside risk with maximum upside potential.

The ROI is business activity is always higher than gambling, an act of actively trying to discover bookmaker’s mispricing of odds.