What Skills Do You Need To Become A Professional Sports Bettor?

After the worst of the coronavirus’ first wave has passed, many sports are now beginning to resume something approaching normal operations. While the landscape of sports won’t actually resemble its former glory for some time, it’s fair to say that if you’re a sports fan, you’ll start seeing sports like football, tennis, and other non-contact sports returning soon. With that in mind, if you’re a fan of sports betting, now would be a good time to dust off your PC or call up your favourite sports betting platform again and start thinking about making a return to that, too. With the return of sports must come sports betting, after all, and there’s never been a better time to make a little money on a flutter.

If you’re so inclined, you might even want to start thinking about sports betting as a professional career right about now. After all, with everyone indoors and most people moving towards a work-from-home model if they’re not completely furloughed, a change in career might be a sensible option, especially if you’ve found yourself out of work as a result of the coronavirus. Sports betting as a career is surprisingly accessible; many don’t think this could be an option for them, but the fact remains that with just a few basic skills and the right attitude, sports betting can be a seriously lucrative and powerful career for you. Here are some of the skills you need to become a professional sports bettor in 2020.

Specialisation

You’re probably familiar with the old saying “don’t put all your eggs in one basket”. In most cases, that’s true, but in the world of sports betting it’s a good idea to specialise in one particular sport. If you spread yourself too thinly, you risk making bad decisions because you don’t have the rules of a particular sport solidly internalised. Of course, if you think you can keep the rules of multiple sports in mind, then you might be able to spread your bets and still successfully make money, but it’s far more effective simply to target a single sport. That way, you’re not just thinking about the rules; you’re also remembering the overarching structure of that sport, which teams are strong, which players are weak, et cetera. If you focus on one sport, you have a much better chance of winning money while you bet on it.

Knowledge

It should go without saying that if you’re going to become a professional sports bettor, one of the most crucial things you can have at your disposal is knowledge. You should, in short, know everything you can possibly know about the sport in which you’ve chosen to specialise. There are some who say that knowing everything about the sport doesn’t actually affect the outcome; that knowledge doesn’t elevate you above the average person when it comes to predicting the outcome of a match. That’s potentially true, but it doesn’t take into account the ancillary things around the actual game itself such as team health and play tactics. There’s a whole world of strategy and knowledge involved in sports betting, and the more you delve into that world, the better chance you’re giving yourself of winning some serious cash. 

Mathematics

You don’t have to be a mathematical genius if you’re going to embark on a career as a professional sports bettor. However, mathematics is a massively helpful skill to have in all walks of life, and that includes sports betting. If you have a detailed and thorough understanding of even basic mathematics, you’ll be able to make calculations and approach odds and probability in ways that other sports bettors can’t, which could theoretically give you an edge. If you really can’t get your head around mathematics, it’s not going to be a severe stumbling block; all you need is a thorough knowledge and understanding of the sport you’re betting on. However, mathematics can be a great platform to give you a headstart over more experienced bettors if they don’t have the knowledge, so it’s worth brushing up on your maths.

A strategy

Using your accumulated knowledge in mathematics and the sport you’re trying to bet on, you can start to develop a strategy that works for you. A good betting strategy can consist of any number of variables or factors depending on how you’re seeing the most success at any given time. For example, you could decide to bet on a certain team when they’re fielding a particular player, or to bet against a favourite when you know they’re playing in a stadium in which they’re uncomfortable. A strategy means coming up with an idea that other people aren’t necessarily using - although you could use templates from the greats - and implementing it consistently across a particular period of time to get results. Your strategy will absolutely be the cornerstone of your financial success or otherwise as a sports bettor, so neglecting this part of the process isn’t an option.

Patience

Sports betting won’t immediately pay dividends. It might be a while until you can finally start earning the sort of money that you’ve dreamed of earning as a professional sports bettor. With that in mind, one of the most important skills in this line of work is patience. Knowing when to simply sit back and let things happen as they will is vital. If you try to force things in sports betting - try to game the system you’ve developed or alter your strategy because it’s not paying out quickly enough - then you’re going to see many more losses than wins. When things are looking a little bleak, remember that it’s not necessarily the end; you might simply need to wait a while before things start to get back to normal for you. It might be helpful to keep a diary or to write down the ways you’re feeling each day as a sports bettor, because that could help you develop patience, which can be hard for many football fans and sports fans in general.

Persistence

Giving up at the first hurdle simply isn’t becoming for a sports bettor. It’s not a good idea to throw in the towel if your first strategy doesn’t pay off or if you make a bad decision. Every single sports bettor in history has made at least one bad decision or a faulty bet at some point in their lives. There are going to be good points and bad points throughout the sports betting calendar every single year. The mark of your worth as a sports bettor isn’t whether or not they happen to you, but how well you can weather them and come out of the other side feeling stronger and more capable as a result. Keep testing your strategy and keep refining and honing it based on what you’re learning. This isn’t the career for you if you’re looking for a quick buck, and it’s not the right place for you if you’re not willing to keep at something even when it’s looking hopeless.

Discernment

You might not realise it, but discernment is a crucial skill for a sports betting professional to have. If you’re not a discerning individual, you can easily get swept up in bets and ventures that you shouldn’t be embarking on, meaning you’ll lose money and quickly become disillusioned with sports betting. A discerning individual knows where to go to bet; they read reviews before they place any money. Good informative guides look like this Spin Sports review - objective, informative, and educational. Make sure that you’re looking for reviews of all the major platforms that you choose to visit, because even if a platform looks scrupulous and reputable, it might be the complete opposite. Don’t let yourself become swayed by easy marketing copy; be discerning when you bet.

Resilience

Resilience and persistence go hand-in-hand for a sports betting professional. When things are looking bad for you, it’s important to know that you’re not done yet and to suffer the slings and arrows of outrageous fortune. Every pro sports bettor has a story about a time when they were seriously down-and-out before a great decision or miraculous bout of luck gave them the comeback they seriously needed. Not only do you need to be persistent in your efforts, you also need to be equipped with the serenity and resilience to understand that even when things aren’t working, it isn’t the end. If you need to, surround yourself with a support network of friends and family who can help you to rally when it’s getting bad. By doing so, you’ll remind yourself there’s more at stake here than wounded pride or a temporary monetary shortfall.

These are just some of the skills we think professional sports bettors need in order to succeed. It’s a competitive world out there, and if you don’t try to get the edge over those you’re competing with, you’ll never be able to make it. Keep at it, stay focused, and be intelligent about your bets, and you’d be amazed just how successful you can become as a sports bettor.