make a living betting on sports

Some professional gamblers, in fact, can actually make a living by understanding betting systems as well as understanding the sports they bet on. For every person who can make good money off of sports betting, though, there are hundreds (if not thousands!) who come out in the red season after season. Let’s take a look at the biggest mistake that new gamblers in particular make when they start to place bets on sports.
Confusing a favorite with a winner. The number one mistake that newbie gamblers in particular make when placing their bets is thinking that the “favorite” means that that team or individual is going to win. They think that the odds makers have some kind of analysis specialty or crystal ball tucked away that gives them an edge on who will be victorious.
This is absolutely not what a favorite is. A favorite is not a team who will probably win, but instead a team on whom the majority of bettors are placing their bets. While in some cases this is an indication that the favored team are in fact the more skilled team, sometimes it does not work this way.
Let’s use an example to help clarify this. Say the New York Giants are playing the Kansas City Chiefs, and the Giants are listed as 7.5 favorites on the spread. Is this because the Giants have a better chance of winning? No! It’s based on the fact more people are betting on the Giants than on the chiefs. This can happen for a number of reasons:
• The favored team is located in a bigger market.• Through merchandising or just due to market filtration, the favorite team has the more recognizable name than the underdogs.
Deciding the favorite is no indication at all of the skill level of a given team or even their ability to beat another team. Fans who bet often go with the heart instead of the head, so a team that does not have a realistic shot does have a chance at being the favorite in any given match.
An even greater problem presents itself when bookmakers adjust the spread to even the action. Bookmakers want to avoid getting middled and losing their cut, so they want even betting on both sides. If one side is being bet on too heavily, they will adjust the spread so that the winning team must win by a wider margin in order to pay off bettors. If you don’t understand the favorite concept, this might make it look like the favorite is way better than the underdog. If you’re betting the spread, it’s always better to go with an underdog who has good value; in other words, a dog up against a heavy favorite. If you’re just betting on a victory, don’t let the spread indicate where you should put your money!
Probably one of the earliest documented gambling professionals is Charles de'ville, who in the early 1890's successfully used a gambling strategy called "The Martingale".
In theory, this gambling system can't fail to make a profit and involves gambling on the "even money" chances at casino games such as roulette
With this gambling system, each time you place a bet on an even-money chance. If you win, you double your money. If you lose, you simply double your stake next time and so on until you gain a win.
The plus side to this gambling strategy is that with deep pockets, you can theoretically win all of the time as it would be an impossibility for a Casino Roulette table to fall on say "Red" all night.
The down side to this gambling strategy is that your stakes accumulate quickly when a losing run develops. As you can work out, a losing run of six will cost 63 units in the pursuit of a one-unit gain. However, the probability of this happening is 64 to one.
If your lucks in, and over short periods of gambling, you can certainly win with this old gambling strategy (or a big loss!)
The James Green Story:5 years ago bookie assistant James Green stumbled across a math-formula that changed his life instantly. Overnight all what he had learned and worked for at the bookie was put on hold - and instead James decided to become a professional gambler, even thou he always preached “the player never wins in the end”!
What did the math-formula show James?The original formula which he found proved to James that it indeed was possible to ”rob” the bookies legally and beat them at their own games making guaranteed profits betting on sports!
From a promising job as a sports-book assistant with a good pay he quit his job, cashed in his last paycheck and his savings to modify the formula he had found and to pursue a life as a professional gambler…
it all worked in theory but would it hold up in real life testing? Would his so-called guaranteed winning sports betting system make him go bust or actually work…
Like most Hollywood movies I can tell you this man’s journey to become a professional gambler comes with a guaranteed happy ending!
James Green made millions in guaranteed profits betting on sports offline. Because as he states; ”When I left my job all I knew about was how real bookies and their ”shop” worked. Now with the information highway anyone can do what I did just in half the time and make a living betting on sports - They can even sit from home and use the computer to do it.