For most people, sports betting is pure luck. So play similar to the lottery. You bet on a team or a person and hope that they will win. In fact, it doesn't have much to do with luck, but more to do with skill. But can you really make a living from it at the end of the month and only earn money with sports betting? We explain this in more detail in the following article.
What are sports betting?
Sports betting has become a lot more complex and complicated than it was perhaps a few years ago. It's no longer just about betting on victory or defeat. There are still so-called win bets, but other types have been added, such as over and under bets. Basically, you can bet on any major sporting event. The most popular sports here are football, tennis or boxing. But football, baseball, and basketball are also becoming increasingly popular here.
What types of sports betting are there?
Most people should be familiar with the “classic” sports betting process. In addition to this type of bet, there are other betting options that are also very popular: the basic bets and the special bets.
THE BASIC BETS
The basic bets are usually played the most often and are divided into three types:
Single bets: The single bet is the simplest form of sports bet. A bet is made on the occurrence of a single result, for example, the outcome of a football game.
Combination bets: In a combination bet, several different games or betting results are combined into one bet. The chances of return are much higher, but the risk is also greater since all games in the series of predictions have to be typed correctly.
System bets: System bets are an extension of the combination bets. With this type of bet, in contrast to the combination bet, one or two tips may be wrong.
Despite a few mistakes, profits can still be made.
THE SPECIAL BETS
In addition to the basic bets, special bets offer other ways of making money with sports betting. There are many different bets depending on the sport. Here are some examples of the most common bets:
Live bets: With live bets, you have the option of betting live on the result or on interim results while the game is running.
Handicap bets: As with normal bets, handicap bets are based on the outcome of a game. The difference is that with this type of bet a team or a player gets a virtual lead. This is added to the regular result at the end.
Long- term bets: Long-term bets are bets that are designed for a longer period of time. So this is a tip that will only be known in several weeks or months, such as winning the cup.
Over / Under bets: This bet comes from the field of football betting. Here you can bet on how many goals will be scored in a game. The bookmaker sets a value and the betting candidate bets on whether more or fewer goals will be scored.
Can you make a living from sports betting?
In fact, there are some people who have made sports betting (메이저사이트) their profession and can therefore make a living from it. These are people who have turned their passion and hobby into a profession and who deal intensively with this topic. But if you look at how many millions of people are really in the field of sports betting, the number of those who can make a living from it can be counted on one hand. At the end of the day, sports betting remains a game of chance, where things can go really well, but there are also times when you can lose a lot of money.
The difference between a hobby bettor and someone who does it professionally is that a professional bettor type much less risky. First and foremost, they are so-called "high rollers", which means that they play with very high stakes. This means that small, low-risk odds can also be played, as the profits from them are again very high. In addition, they bet on many more games at the same time than hobby bettors.