In European countries, bookmakers and making money on betting are a common phenomenon. For many, betting on the outcome of a game or sports competition is just a hobby that adds adrenaline to life. For others, this occupation has become a profession that provides a stable income. To start making money on bets, you need to study the theory, existing strategies, try them out in practice, test them, listen to the advice of experienced professionals, read sports forecasts from experts. Many make mistakes at first, but experience comes with time.

Outlook and risk

Experienced betting professionals earn several thousand dollars a month on bets. The income of beginner betters can reach $50 a day if you treat betting like a job and place bets with a cool head. Excitement for a professional player is an inappropriate quality. By making bets based on intuition, it will not be possible to turn betting from a hobby into a profitable profession. For a professional, learning, analytical mindset, willpower and self-discipline are important.

The main danger for a beginner is to lose all the money. Even experienced professionals are not immune from episodic failures, but they quickly and more than compensate for losses. 

Beginners often make such mistakes:

• they play randomly, without a strategy, making a number of unsuccessful, ill-conceived bets;
• succumb to the temptation to bet on an outsider in order to hit a big jackpot;
• use borrowed funds for betting;
• trust a fraudulent consultant (scammer);
• Unsuccessfully choose a bookmaker.

Important rule for players

For gamblers, there is a golden rule – to play for an amount that you can safely part with. Professional betting is more of an investment than a game of chance, but for beginners it is better to follow this rule. It is necessary to weigh your financial capabilities, determine the maximum allowable costs (the size of the initial game bank) and in no case exceed this amount, do not play in debt. And one more important rule – do not put all your eggs in one basket, do not bet all your money on one event, even if its probability approaches 100%.

Before moving on to practice, you need to study the theory, the system of bets and odds well, familiarize yourself with existing strategies, as well as constantly monitor sports news and analyze statistics. You can use a special program. If your own knowledge is not enough to choose a winning strategy, you can resort to the services of professional forecasters-cappers, sports analysts. Such a specialist can at the same time recommend a reliable bookmaker with favorable conditions.

You need to be careful: in the wake of the popularity of sports betting, a lot of scammers have appeared who, under the guise of selling win-win strategies, simply swindle money from inexperienced players. If you are offered to “leak” information about a match-fixing and earn fantastic money, this is a scam.

Where to bet?

Professional players prefer to deal with bookmakers: it is more reliable than playing on a sweepstakes, but you need to pay attention to the reputation and rating of the bookmaker. You should make sure that she has a license, take an interest in the reviews of other players, work experience. If an online office does not hide its contact details, and the site has a round-the-clock support service, this is a big plus. Pay attention also to the method of withdrawing funds, the regularity of payments.