If you’ve ever placed a bet, no matter how small, and won, you understand the excitement that comes with it. Immediately after your win, you feel ready to conquer the world of betting and adopt the vision of wanting to treat it as a source of income. But how far is your vision from reality? We hate to be the ones to break it to you, but the truth is it’s quite far.
Such wins are typically out of sheer luck. But professional gamblers don’t rely on luck. And if you think there is a foolproof method for instant betting success, we have more bad news for you: there isn’t. However, there is some good news. With enough knowledge, dedication, and experience, you can indeed conquer this field.
Here’s what you should know about becoming a professional gambler.
Building the Right Mentality as a Professional Gambler
Among the hot topics that don’t get enough recognition as far as professional gambling is concerned is mentality. But did you know that one of the toughest opponents to beat in any game might actually be in your own head? Renowned sports philosopher Yogi Berra once mentioned that 90% of baseball is mental. Bring the same concept to sports gambling, and you will agree with him.
Even if you used the best betting aggregators, such as Betting Sites UK, to find the top UK betting sites for mind-blowing deals, you’d still need to be at the top of your mental game. The first point to pay attention to in this regard is how realistic you are when pursuing betting as an income source. Ask yourself how much you are likely to make, and whether your edge is quantifiable and sustainable.
If you’re thinking about switching to professional gambling as your main source of income based on a few recent results, the hard truth is you aren’t being as realistic as you should be. Try to think about all the other expenses that will come with life outside of gambling. Some of these include your health insurance, monthly bills, unexpected expenses, etc.
The reality about becoming a professional gambler is that there is so much that goes into it that you’d rather create a list of reasons why it’s not a good idea. If that list doesn’t limit you in any way, then you’re good to go.
What Will It Take to Become a Professional Gambler?
If you’re ready to make the leap, here are some tips that will come in handy:
1. Manage Your Bankroll Wisely
Ask every professional sports bettor what elements they take seriously in their career, and bankroll will be in there somewhere. So, make sure to start your journey by determining how much money you will dedicate towards sports betting.
As you do so, there is one rule you must never break: Don’t bet money you can’t afford to lose. This will keep you from bad habits like wanting to chase your losses. After establishing your bankroll, create a unit size. Aim to stake, on average, 1-5% of your bankroll for every bet you make.
2. Focus on One Type of Bet First
Don’t give in to the temptation of placing any and every type of bet you can manage, since this will only scatter your knowledge and experience in betting. Instead, identify one market and a type of betting that impresses you first. This will help you perfect your strategy so you can start winning. Once you are comfortable, you can add another type of bet.
3. Have Realistic Expectations
The top sharp sports bettors will win 54% of the time, but you must remember that this isn’t a success that occurs in just one night. So, trying to hit such numbers immediately or even over an extended period can be a tall order. Even if you’re so lucky to win 10 bets in succession, the reality of betting is that you will crash at one point.
Accepting the harsh truths of betting will keep you from making rash decisions due to disappointment. Also, when the time comes to lose, don’t freak out and don’t be tempted to change the strategies or methods that have helped you win consistently. Take your time to review the lost bets for any oversights or other mistakes, then get back into the game without rushing.
4. Don’t Bet With Your Heart
One of the most common mistakes that sports bettors make is betting from a fan’s perspective. While it isn’t automatically dangerous to have allegiance to one or more teams as a bettor, you don’t want to bring the same allegiance to your betting career. If it comes to it, avoid wagering on any events that involve your favourite team.
That’s in consideration that loyalty almost always clouds one’s judgment, thus you won’t be rational and measured in your betting efforts. Not only that but should your team lose, this will affect you both consciously and unconsciously.
Make Your Line-Shopping Easier Today
As mentioned before, there is so much that goes into professional betting. The tips mentioned in this post are just a start. If you ask us to summarise everything about becoming a professional bettor, we’d say you just need to take it slow. Research extensively, talk to other sports bettors (successful or not), keep a record of your bets and review them, use tech to your advantage, and be very realistic.
When ready, ensure to take advantage of the best odds in the market by leveraging betting aggregator websites like Betting Sites UK. That way, you will be getting maximum value for all your stakes.