Best of the Week
Most Popular
1. TESLA! Cathy Wood ARK Funds Bubble BURSTS! - 12th May 21
2.Stock Market Entering Early Summer Correction Trend Forecast - 10th May 21
3.GOLD GDX, HUI Stocks - Will Paradise Turn into a Dystopia? - 11th May 21
4.Crypto Bubble Bursts! Nicehash Suspends Coinbase Withdrawals, Bitcoin, Ethereum Bear Market Begins - 16th May 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.Cathy Wood Ark Invest Funds Bubble BURSTS! ARKK, ARKG, Tesla Entering Severe Bear Market - 13th May 21
7.Stock Market - Should You Be In Cash Right Now? - 17th May 21
8.Gold to Benefit from Mounting US Debt Pile - 14th May 21
9.Coronavius Covid-19 in Italy in August 2019! - 13th May 21
10.How to Invest in HIGH RISK Tech Stocks for 2021 and Beyond - Part 2 of 2 - 18th May 21
Last 7 days
Tech Stocks Bubble Valuations 2000 vs 2021 - 25th Sep 21
Will Biden’s Neo-Populist Economic Doctrine Support Gold? - 25th Sep 21
Markets Deflationary Winds Howling - 25th Sep 21
Crude Oil Price Piercing the Sky: Where Will We See the Black Gold by Xmas? - 25th Sep 21
Cryptocurrency policy choices and consequences - 25th Sep 21
The Next Emma Raducanu UK Tennis Star Pleasing the Crowds at Millhouses Park Sheffield - 25th Sep 21
Stock Market Rescued by the Fed Again? - 24th Sep 21
Are Amazon Best Cheap Memory Foam Mattresses Any good? Bedzonline £69 4ft Small Double ECO Example - 24th Sep 21
Evergrande not a Minsky Moment - 24th Sep 21
UK Energy Firms Scamming Customers Out of Their Best Fixed Rate Gas Tariffs - 23rd Sep 21
Global Stock Markets Topped 60 Days Before the US Stocks Peaked - 23rd Sep 21
Should School Children be Jabbed with Pfizer Covid-19 Vaccine To Foster Herd Immunity? - UK - 23rd Sep 21
Stock Market FOMO Hits September Brick Wall - Evergrande China's Lehman's Moment - 22nd Sep 21
Trading Crude Oil ETFs in Foreign Currencies: What to Focus On - 22nd Sep 21
URGENT - Crypto-trader event - 'Bitcoin... back to $65,000?' - 22nd Sep 21
Stock Market Time to Buy the Dip? - 22nd Sep 21
US Dollar Bears Are Fresh Out of Honey Pots - 22nd Sep 21
MetaTrader 5 Features Every Trader Should Know - 22nd Sep 21
Evergrande China's Lehman's Moment, Tip of the Ice Berg in Financial Crisis 2.0 - 21st Sep 21
The Fed Is Playing The Biggest Game Of Chicken In History - 21st Sep 21
Focus on Stock Market Short-term Cycle - 21st Sep 21
Lands End Cornwall In VR360 - UK Holidays, Staycations - 21st Sep 21
Stock Market FOMO Hits September CRASH Brick Wall - Dow Trend Forecast 2021 Review - 20th Sep 21
Two Huge, Overlooked Drains on Global Silver Supplies - 20th Sep 21
Gold gets hammered but Copper fails to seize the moment - 20th Sep 21
New arms race and nuclear risks could spell End to the Asian Century - 20th Sep 21
Stock Market FOMO Hits September Brick Wall - Dow Trend Forecast 2021 Review - 19th Sep 21
Dow Forecasting Neural Nets, Crossing the Rubicon With Three High Risk Chinese Tech Stocks - 18th Sep 21
If Post-1971 Monetary System Is Bad, Why Isn’t Gold Higher? - 18th Sep 21
Stock Market Shaking Off the Taper Blues - 18th Sep 21
So... This Happened! One Crypto Goes From "Little-Known" -to- "Top 10" in 6 Weeks - 18th Sep 21
Why a Financial Markets "Panic" May Be Just Around the Corner - 18th Sep 21
An Update on the End of College… and a New Way to Profit - 16th Sep 21
What Kind of Support and Services Can Your Accountant Provide? Your Main Questions Answered - 16th Sep 21
Consistent performance makes waste a good place to buy stocks - 16th Sep 21
Dow Stock Market Trend Forecasting Neural Nets Pattern Recognition - 15th Sep 21
Eurozone Impact on Gold: The ECB and the Phantom Taper - 15th Sep 21
Fed To Taper into Weakening Economy - 15th Sep 21
Gold Miners: Last of the Summer Wine - 15th Sep 21
How does product development affect a company’s market value? - 15th Sep 21
Types of Investment Property to Become Familiar with - 15th Sep 21

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Can Betting Picks be a Genuine Career Path? 

Personal_Finance / Gambling Aug 23, 2021 - 03:22 PM GMT

By: Submissions


Professional Online Bettor: Can You Live Off Betting Picks?

There are hundreds if not more professional betting tipsters or individuals who provide betting tips to boost their clients’ winning odds. Professional tipsters rely on their knowledge and expertise in the industry. Some are naturally more knowledgeable than others but, in most cases, these individuals are experts in what they do. While they cannot predict what will happen in a sports event, they can help you with making more informed, better betting decisions.

Speaking of betting picks, sometimes you need to pay for good betting picks depending on which service you use. However, using many of these services will cost you nothing. However, everyone can claim to have the knowledge and expertise and start offering betting tips.

On the other hand, paying for tips in most cases means you are provided with betting tips by a professional online bettor, someone who truly understands how the industry works, someone who is familiar with many different sports teams and athletes. The main question here is, can professional online bettors live off betting tips?

Is It Possible to Make a Living from Betting Picks?

No matter what job you do, being careful with your money is always a must if you want to make some profits and this is especially true for people who work as professional online bettors. One of those people is Nick Goff who in one of his interviews said that worked as a trader for around ten years before deciding to fully focus on online betting. In 2016, Nick became a full-time online bettor and spend most of his days betting on snooker, football, and other sports.

He wanted to be his own boss and becoming a professional online bettor made it possible for Nick. Today, Nick mainly places bets on football and NFL events. He constantly learns from his mistakes and this is his main advice to individuals thinking about taking his route. There are many other professional bettors out there who do make living off betting picks. So, yes, it is possible to make a living from betting picks with the right approach, hard work, and commitment. If you are looking for a site that can help you boost your winning odds with valuable betting picks, offers such tips so make sure you check it out.

Earn Money by Selling Betting Picks

While there are many people like Nick, extremely successful in what they do, nobody can deny the fact that generating a big profit from selling betting picks or being a professional sports bettor is never an easy task do to. At the same time, there are many sports bettors out there who are willing to pay for good betting tips and to start your own betting picks service, you need to look into different models available today. At the moment, the three major betting picks models are subscription, package, and individual models.

If you are looking for a good model to make money on a regular basis, the best option is to go with a subscription model. In these models, bettors pay a subscription fee usually on a monthly or weekly basis and for this fee, they get a predetermined number of betting picks. For as long as your betting picks help your clients, you will make profits. Another great option is selling package betting picks and these are similar to subscription picks. In a package, you sell multiple betting tips such as all of the MLB events for the day or all of the NFL events for the week. Package betting picks come with a one-time fee.

You can also sell individual betting picks. You can sell a betting pick for a single NFL or MLB game or you can sell individual picks on multiple games depending on what your clients want. Combining different models is also possible and this is what most professional online bettors who live off betting picks do. This is the best option to turn to once your customer base grows. Professional online bettors working at prominent tipster sites usually have several different subscription models in place with different packages.

For instance, there may be platinum, gold, and silver subscription models with the platinum members receiving twenty betting picks per week, the gold members getting ten picks, and finally the silver members getting five picks per week. Just remember that sports betting is similar to trading, and you will need to show a consistent profit in order for people to keep coming back for more.

Once you have a model in place, you focus on promoting your service via social media, your website, or some other media. Another big decision to make is to set a price for your service and decide on how you will deliver your betting tips.

By Dennis Schubert,

© 2021 Copyright Dennis Schubert - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

© 2005-2019 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in