That’s a good question. The answer to that question is going to be different for everyone.
It is going to come down to a few factors such as how much time you are willing commit, how much money you have and your tolerance to risk.
To help you decide where to begin, take a look at the graphic below and see what looks best suited to you.
Matched Betting – What is it and what’s required?
Matched Betting is a risk free method of winning money from the bookies.
The Smarkets sign up offer you may have just completed is an example of matched betting.
To profit from matched betting, you will need to complete sign up offers (such as the Smarkets offer) and recurring offers that bookmakers regularly promote.
You can complete these offers in such a way that you will win money regardless of the result, by backing a bet at the bookmaker with their bonus money and laying the bet off at a betting exchange such as betfair.
If this sounds complicated to you right now, don’t worry!
In the matched betting section of this training I will break it down step by step and introduce you to a service that will do all the hard work for you.
I would advise that you have at least £100 spare before you start matched betting. This money will be used to complete various offers but will not ever be at risk.
If you are interested in learning more about how you can make money from matched betting, click here.
Tipsters – What is it and what’s required?
Tipsters are people who have an expertise in a specific area of sports betting and have the ability to make money by betting on selections where they think the odds are higher than they ought to be.
These tipsters will offer subscriptions (paid tips and FREE tips) to their tipping services and send out their tips to the subscribers each day.
Tipsters quite often get a bad rep due the large number of poor tipping services on the market, however, there are also a good number of excellent tipping services if you know where to look.
The good news for you is, you won’t need to look very far.
In the tipster section of this training you can find all the tipsters that make up my betting portfolio, complete with their latest results, the portfolios overall performance and my advise on determining how much you should bet on a tipsters selections.
I would recommend that you require at minimum of £1000.00 starting bankroll to start following tipsters. You could get started with less money but your returns would be smaller.
If you are interested in learning how you can make money from backing tipsters selections and building a betting portfolio, click here.
Systems – What is it and what’s required?
Sports betting systems look at a number of variables that when combined can single out bets that are consistently overpriced by the betting markets and therefore profitable to back.
You would back these “value” selections in the same way you would back a tipsters selections.
These bets won’t win every time but because the selections a system will produce are consistently over priced by the betting markets, you will be getting value and will turn a profit in the long run.
If any of that sounds a little complicated at the moment. Don’t worry, I’ll go over it in more detail in the system section of this training.
I would recommend a starting bank of £1000.00 to get started with betting systems.
If you want to learn more about making money with betting systems, click here.[/ezcol_2third] [ezcol_1third_end]