Alex_butler t1_j9vcn0m wrote on February 24, 2023 at 8:45 PM

Reply to comment by Raskolnikoolaid in LPT: Maintain separate bank accounts when you get married by The_Stein244

It’s actually not that hard to be profitable in sportsbetting if you know what you’re doing and you’re taking advantage of promos. For the most part it’s just a risk management game and you’re not even gambling.

For example prizepicks let’s you bet $20 risk free every Friday and they have prop discounts on Tuesdays and other promos throughout the year. If you only bet on Friday and promos the risk is pretty minimal. That’s just one site. If you start using promos across sites to maximize value you can add a decent source of income. It’s a process that can be a bit complicated to maximize profits, but if you just want some extra bucks here and there then the key is promos.

The issue is people who become addicted and just throwing bets left and right everyday or try to hit the big one to get money fast. I made $3.5k in 2022 (before taxes), maybe I could’ve made more if I was betting everyday, but there’s also a chance I wouldve lost too.

666pool t1_j9vkl24 wrote on February 24, 2023 at 9:36 PM

How much time did you invest in it to make that $3.5K?

Alex_butler t1_j9vvq6g wrote on February 24, 2023 at 10:51 PM

A lot if you count also watching games, but I also do it for fun a bit as well and quite enjoy doing it. I’d be watching sports regardless so a little income off of it is a bonus. It’s not a career by any means and the $ per hour wouldnt be worth it the way I do it if I didnt have fun doing it. I am on the addicted side of the spectrum for sure, but I am aware of ways you can do it risk free and that’s why I chimed in.

The example I used would take 5 mins max if you didn’t care about the games at all and just waited for the results. There are other ways to use promos within 5 mins that are risk free as well. It really just depends what your goal of doing it is.