How can you make money from football betting on bookmaker streaming or how to earn money from football betting? These are questions that anyone who is new to online football betting is concerned about. How can you make a lot of money?
Can football betting make you a billionaire?
The answer is yes, but only about 1 in a million people can get rich and become a millionaire thanks to football betting. If it were easy, then there would be no need to discuss it. So if you dream of becoming a billionaire through football betting, don't even dream about it. However, there are a few ways to make money and get rich from football betting that you can refer to below:
Be a football bookie
Being a football bookie is a very effective way to make money when football betting is becoming popular and easy to play like today. I have a friend who specializes in being a bookie, taking football bets for players (meaning providing odds, taking bets for players, taking a commission). Whenever there is an occasion like Euro or the World Cup, he earns about 8 million a night, after a Euro or World Cup round, he has about 150 million in hand.
His customers are not too many, about 15 people, but they are all quality customers with stable financial sources, so he can rest assured. Contracts are made through phone calls, depending on the customer, the payment limit is different. If it is a worker, the bet is around 1-2 million, if it is a middle-class customer, it is around 3-5 million, and if it is a VIP customer, it is around 10-20 million and then the money is paid.
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To do this job, you need to have a little capital to deposit money into the betting house in advance, for example, in the 2014 World Cup semi-final between Germany and Brazil, he deposited 120 million into 188Bet betting house and received a 1% promotion, so he got 121.2 million VND. Next, he messaged his customers that the handicap for Brazil was half 1/4, and the over/under bet was 9. The customer bet 300 million on Brazil and 200 million on Germany, he balanced the odds for both sides and earned 20 million, bet 100 million on Brazil, and received 1.2 million in bonus money plus 0.38% of 100 million refunded. So, only for this game, he made about 21.5 million in profit.
Therefore, being a football bookie is great, but the important thing is to have many customers to participate and the customers must be trustworthy. The disadvantage of being a bookie is that if you encounter stubborn customers or slow payment, it will be a problem, you have to stay up late to message and send football bets, answer phone calls and provide odds to customers from the betting house, so it will consume a lot of time and energy.
Expert football analysis
Expert football analysis is also a way to make money from football betting. If you have a passion for football and good analysis skills, this is a job for you. You can analyze matches, assess the strengths and weaknesses of the teams, the performance of the players, and make predictions about the outcome of the matches. If you have a good track record of predicting the outcomes of football matches, then you can earn money by selling your analysis to others.
There are many websites, forums, and social networks that allow you to share your analysis, and if your analysis is good, you will attract many followers. You can also create your own website or blog to post your analysis, attract followers, and earn money through advertising,
2. Making money through sports betting
Actually, this method is not very popular and few people use it. However, it has shown signs of increasing recently. The principle of this method is to earn a living from promotions offered by sports betting companies.
You choose reputable sports betting companies such as 188Bet, W88, M88, Fun88, Dafabet, 12Bet, etc. to register and participate in promotions to play. After completing the promotional bet, you should withdraw your winnings to preserve the amount of money.
The disadvantage of this method is that you can only use one betting company once for one IP address and it cannot be used for the long term. However, if you want to make around 8-10 million VND, you can register for promotions at sports betting companies.
Investing in the sports betting market
This method is similar to investing in stocks but a bit more challenging. The principle of this method is to buy low and sell high. For example, if you bet on Vietnam to win against Indonesia in the first half of the SEA Games with a handicap of 3/4 at odds of 1.10 (winning 110K VND for every 100K VND bet), and then you see an opportunity to bet on Indonesia with a handicap of 3/4 at odds of 1.10 (winning 110K VND for every 100K VND bet) during or just before the game, you could make a profit of 10K VND for every 100K VND bet. If you bet 1 million VND, you could earn a profit of 100K VND.
To implement this method of making money through sports betting, you must be knowledgeable about football, keep up-to-date with the latest odds, injuries, team lineups, and tactics. You must also understand the psychology of players to make decisions that are beneficial to you.
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Become an expert in sports betting
Making money through sports betting in this way is really difficult and requires a lot of time to do. When you are determined to practice and become a master, you can live off of sports betting. However, for those who do not have the skills, you can still make money from this profession by being patient and combining promotions offered by betting companies. Consider the following example:
If you deposit 100 million VND to play 100 games, each game with a bet of 1 million VND (betting equally on both sides), your winning rate will be 51-49, and you will earn a small profit.
You play 100 matches, each with a stake of 1 million and a betting ratio of 0.98. If you win 51 matches and lose 49 matches, you will have 101,980 million, plus a refund rate of 0.38%, which means you can earn 102,360 million.
Therefore, your initial capital is 100 million, and you can earn 2,360 million if your winning ratio is (51-49 in 100 matches). If you are an expert and can win 52-48, you can earn more (about 4 million), or if you are a master, you can earn even more.
If you cannot win with a ratio of 51-49, only around 50-50 or less, then it is recommended that you practice more before entering the profession, or give up the idea of making money from football betting now.