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Online Gambling Career – The Best Ways To Make A Living

For the outsider looking in, an online gambling career looks like an amazing lifestyle. Part of the reason for this is that much is made to make the life of top gamblers seem very glamorous in order to attract new players into the casinos. In reality, life at the top is very hard. Consider that you're up against both the house edge in all games and other players in poker. You will need to play for long hours. And without a big bankroll, it will be hard to survive long enough to see a profit.

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Online Gambling Career: Is It Possible To Live From Betting?

So, can you have an online gambling career from betting and jackpot games? The answer is that it depends. But it will not be easy in the beginning, as there’s a lot to learn. Also, you’ll still need a pretty big bankroll to begin with.

Introduction: Is An Online Gambling Career Possible?

Thanks to the advances in technology, you can enjoy a flutter from anywhere there’s an internet connection Which means everywhere! Now imagine that you could both play for fun and maybe even try and make an online gambling career. There are actually some people who manage to do this. But you’ll need to develop certain skills and have a head for numbers if you want to join this elite club. Of course, part of this knowledge base is to know what games are worth your time, as not all online gambling leads to profits. It’s all about the long-term edge. Let’s have a look at some of the best games for a budding professional player to get started with.

Online Sports Betting

Betting on sports….how difficult is that in reality? The answer is, as with most things, “it depends”. The most common bet is what’s called the “money line” wager, which is a straight-up wager on one or the other side winning a contest. For example:

– Barcelona FC +155

– Real Madrid -185

You’ll see that the odds are not even. If you wager on Barca, you’ll get $185 for every $100 you put down. Conversely, you’ll receive $155 for every $100 lace on Los Blancos. It’s these unbalanced odds that give the sports bookmaker like 22Bet Sportsbook their overall profit, otherwise known as “juice”. And it’s thanks to this juice, that they will continue to make good money. Regardless of the outcome of the actual match, they still make bank. Though this profit margin might appear to be the same as a casino house edge, it’s actually quite different. That’s because the house edge is set up so that the average gambler will lose over time. In sports betting, you can still earn long-term profits. But you’ll need your winnings to be higher than both the odds and the juice in order to make a living from online gambling.

Online Gambling Career: Look at the Exact Odds

Now the rate that you’ll need to be winning is more or less dependent on the exact odds. Have a look on the web and you’ll find plenty of calculators that’ll tell you the break-even point of each set of odds. For example, if you’re having a punt on a team at -135 odds, then you’ll be needing to win 57.4% of the time just to break even. If a team has +120 odds, then you’ll need to see 45.5% of your wagers come home. But the thing about sports betting to make money is that not all your bets have to be winners. It’s more about the frequency of winning that allows you an online gambling career. At a 10% juice, you’ll only win at a 53% – 55% rate.

Making A Living From Gambling Online

If you rely on your luck, in the long term the house is going to win all the time. Of course, nothing is simple. The real problem you’re going to be constantly coming up against is that the bookies are not fools. They set sharp lines making it difficult to win over half the time.

Check out 22BET’s Betting Markets if You are Looking for Something Special

Let’s Start With Handicapping

And that’s why we recommend that handicapping is the best place to start your online gambling career. Essentially you’re looking at a number of variables involved in the competition, and then deciding which side offers the better value. Yes, it’s true, there are a huge number of variables, but in most sports, they’ll fall into a number of headings that include past performance, injuries, weather, statistics, and lineup changes. Yes, it’s true that this is only the surface, but it’s a good place to start. You could also consider splashing out on some betting software. This will offer a deeper statistical analysis that can help you spot betting opportunities as a means of increasing your jackpot winning chances. Here are some examples of situations where a betting program can prove essential.

Arbitrage opportunity – A difference in odds at multiple sportsbooks that helps you make a guaranteed profit by wagering on both sides.
Public betting percentage – This shows what percentage of betting slips are on each side of a wager.
Odds change – Tracks every time that major online sportsbooks shift odds for various games.
Reverse line movement – When a line suddenly changes differently than expected, thereby indicating which side the “sharp money” is on.
Steam move – When a group of bookmakers changes a line in near unison to counteract sharp money.

Sports Betting Is Hard

Being a sports bettor isn’t the life that’s pictured in the media….all those sporting games, pretty girls, cigars, luxury sports cars, and punching the air every ten minutes to celebrate your wins. Unfortunately, an online gambling career is much, much, more mundane. In order to make a living from online gambling, you’ll spend most of your time in front of the computer looking at 22Bet Sportsbook and searching for openings from all the data you’re analyzing. Put it this way, being a fan is a lot more fun.

Betting on Esports

For years the big betting companies ignored Esports. There was a kind of snobbery. Betting on computer games seemed childish and, let’s face it, they aren’t really real sports are they? Well, times have changed. With the overall popularity of gaming, finally, sportsbooks can see value there for the taking. Yes, it’s true that Esports gambling isn’t anywhere near as big as traditional sports betting. But as each year passes, it gets bigger. So much so that there are those who are able to make a very comfortable living from betting on Esports. If you want to try your hand, then you’ll first need to head over to one of the big Esports markets, like Dota 2, League of Legends (LoL), Counter-Strike: Global Offensive (CS:GO), and Overwatch.

Within these games, you’ll find enough liquidity and types of bets to allow you to earn significant amounts, even enough to make an online gambling career. Then there are secondary markets, which include games like World of Tanks, Street Fighter II, and SMITE. Though these markets are not as lucrative, you can gain valuable experience by playing them. If there was any type of gambling that’s representing the zeitgeist, it’s gonna be Esports. And now is probably a good time to get involved, as it’s only going to get bigger. This means that you’re going in on the ground floor and will have plenty of room to develop skills and know-how on your way up the structure.

Online Gambling Career: Online Poker

Probably the golden age for online poker was in the mid-2000s when it experienced a massive boom. It went from the local casino into prime-time TV, on its way to becoming a global sensation. There are a number of players who became household names in the US thanks to their skills and good fortune. These include Di Dang, Hac Dang, Tom Dwan, Phil Galfond, Phil Ivey, and Ilari Sahamies.

But over time it’s suffered a gradual demise as laws, regulations, and bots have all ensured a less-than-stellar experience. Many countries passed online gambling laws which had a strong negative effect on the jackpot poker competition. Now sites can’t offer the high stakes needed to keep up with huge off-line tournaments. And then we have the bots or programs which are specifically designed to play poker. And yes, they’re really good. Most of today’s bots can easily beat low or middle-stakes games, making playing a dangerous proposition for many players. And therefore more difficult to make an online gambling career.

Poker Is Always A Good Wager

Having played on the negatives, it should be said that online poker is still a great way to make a gambler’s living and an online gambling career. But the downside is that you’ll be needing to dedicate a lot of time and energy to getting your skills up there with the best. Learn all the jackpot winning strategies and how to log hands. Another hurdle to entry is that you’re going to need a large bankroll, as you’re looking at this project as a long-term effort. Even if you have a losing streak, you’ll still need enough coinage to see you through. If you’re going to play seriously, then have a look through our best poker site reviews.