Can betting make you rich?

Can betting be profitable? How to win betting? How to choose a sportsbook? These are the most basic questions for beginners who want to make money from betting. Sports betting attracts the attention of many sports fans and gamblers. The opportunity to make money from sporting events sounds attractive, but how realistic is it? The purpose of this article is to understand the possibilities of making money on sports betting and analyze their reality. Next, you can get acquainted with the expert opinion from football analyst Mark Ohaire, who lives and earns in this field: what tools should be used to make forecasts, is it really possible to get rich by betting, the nuances of gambling and much more.

Can betting be profitable

Sports betting, like other gambling games, can make you rich. Evidence of this is the mention in the media of players who made accumulator bets with a small bet and received big money for it. A big win changes a person’s life, and perhaps this is due to the multiplication of event odds by each other = the more bets in the coupon, the higher the multiplier. This also increases the risk of losing the bet, but if $1 is on the line, why not make a couple of bets.

There are many wins throughout history, but we suggest exploring the 5 most interesting big wins in sports betting around the world:

• $2 086 500 - a player from Kazakhstan hit the jackpot. Muhajan bet on 1xbet for 2 years and in 2021 made one of the riskiest parlays with 44 matches and a total multiplier of x8766.823. Being a football fan, the bettor bet $238 on accumulator bet and won $2 million;

• $433 070 was received by a girl from England, Katherine Unsworth, who participated in betting on equestrian sports. The player got into the Guinness Book of Records thanks to a single bet in the amount of $127 with the highest odds - x3410;
• $309 581 - won by a Belarusian bettor, who suffered a streak of 20 defeats in sports betting and went bankrupt. With the last $20.18, he made an accumulator bet on betslip with odd x15341, as a result of which he won about 1 million Belarusian rubles or 309 thousand dollars;
• $607 000 - the total amount of winnings for two bets on the same event and outcome - Italy's victory at the Euro 2020 Championship. The coefficient of the first bet was x50, and the amount was 1 thousand dollars. After several stages, the player repeated the bet with a coefficient of x10;
• $1 500 000 - a player from London placed a bet on the English Premier League 2021, collecting 6 matches in bet slip, indicating the exact score of each match. The odds for such events range from x5 and can reach x500.

The winning examples above were obtained through Accumulator bets, where there is no limit. If you decide to earn money on a single bet, a limit will be set at 32 thousand dollars or another amount in another currency. In addition to such successful moments in sports betting, players can try their luck in online games, lotteries, e-sports betting and other types of gambling.

How to win betting

Winning on sports betting is the most pleasant and long-awaited moment of every bettor. It is possible to make money betting on sports, but it requires effort. It is important to play using the right effective strategies; you need to manage your bank correctly. There are many ways to make money on bets, but you should trust only the safest ones - independent analysis, playing on value events, using financial strategies. Dubious options in the form of playing with unreliable cappers and match-fixing should be dismissed immediately. As a bettor who wants to win in sports betting and withdraw money to his account, he must know the basic rules of the bookmaker he has chosen, as well as the basic betting regulations:

• Do not use prohibited betting strategies - first it is better to consult with the support service and find out whether it is possible to bet on football or another sport about the chosen strategy.
• Successful sports betting requires specialized knowledge and skills. Understanding sports disciplines, statistics, analytics and probability play a key role in increasing your chances of success.
• Don't bet more than you can lose: Set a limit for your bets and stick to it. Don't risk an amount that could seriously affect your financial stability.
• Use a bankroll management strategy. Develop a money management system to minimize losses and increase winnings in the long term.

Sports betting can be unpredictable, even if you follow all the rules. It is important to stay motivated and not react emotionally to losses. Professional bettors recommend following 5 simple tips that will help you win betting on sports:

1. Don't bet on something you don't understand: Research the sport, teams or players before betting. Don't follow rumors or random recommendations without understanding the point.
2. Study statistics and analyze information: Find out all the available information about teams, their form, player injuries, match history, etc. This will help make more informed predictions. The best solution is to concentrate on 1 club, so you can constantly track players and not forget important details.
3. Avoid betting on emotions or subjective preferences. You remain objective, guided by facts and analysis.

4. Don't bet on everything: Betting on all sports or many matches at the same time can lead to loss of focus and losses. Choose your type of sports discipline, it could be cricket, football, basketball and others.
5. Take advantage of the bookmaker's bonuses and offers: free bets will help you save real money and practice your analytical skills. Receive cashback for exchanging promo points for free bet promo code and take advantage of promotions such as "Risk free bet" and "Welcome bonus".

Sports betting can be unpredictable, even if you follow all the rules. It is important to stay motivated and not react emotionally to losses. Remember that sports betting is a game of luck and passion, and investing always carries risks. It's best to make informed decisions and play responsibly.

How to become rich in betting

To start making money on sports betting, you first need to choose the best betting site. After which you need to go to the bookmaker’s office and create an account: open the website/application - register - fill out your profile with personal data - top up your account. The sign up process in sportsbooks does not take more than 5 minutes, and filling out the registration form is intuitive, as you can see in the screenshot below:

The 1xbet questionnaire procedure is filled in with data such as country, currency. After which you can enter the promotional code ACODE and choose an introductory bonus of up to $500.

Getting rich on bets immediately after registering and creating an account is the dream of every beginner in gambling. However, every beginner should know how betting can affect him. Winning a bet can bring you excessive self-confidence, but as practice shows in betting on football, the result of the game depends not on you, but on 25 or more people: 22 players, a referee, a coach. Also, the outcome of a particular bet depends on factors such as weather, injuries and their severity, etc. If they lose one or more bets in a row, bettors may fall into depression and other mental disorders.

Most bookmakers mention in the rules the use of the platform as entertainment, and not for making money. However, this does not prevent players from claiming daily winnings of various amounts: $10, $100, $1000, $10,000 or higher amounts on express bets. Since for singles there is a maximum winning limit of 33 thousand dollars, 3 million rubles or a winning equivalent to this amount in another currency.

Conclusion: Is it possible to become rich from sports betting?

The opportunity to make money on sports betting has both real and high risks. Winning in sports betting isn't down to pure luck - an informed approach based on knowledge, strategy and risk management can improve your chances of success. This is a complex process that requires deep analysis, risk management skills and emotional discipline. It can only be successful with the proper use of information, data analysis and conscious strategies.

1xbet is a bookmaker that helps bettors place bets on sports with a greater probability of winning at high odds. Sportsbook provides free analytics of upcoming matches with data on injuries, starting lineups, head-to-head results, and individual player statistics. In addition, the bookmaker provides bonuses for new players for registering using the buttons below:

You can start sports betting in 1xbet and become rich immediately after creating an account. By specifying the promotional code "ACODE", the player receives 100% of the first deposit amount to the bonus account, doubling the total bank account. The Welcome Bonus is valid for 2024.

For those interested in sports betting, it is important to continue to study information, develop analytical skills and strategies to improve results. Using a knowledge-based and risk management approach will help make bets more informed and effective.