Football is the most gambled-on sport in the world, with over $500 billion wagered on it each year across the globe.
With so much money bet on soccer matches every day and so much information available to punters through the internet, you would think it would be easy to make money from the game.
Unfortunately though, there are very few people out there who actually make a profit from betting on the beautiful game.
The markets are remarkably efficient at predicting the outcome of games and any time an opportunity presents itself to make money, it is normally exploited and then closed off quickly as the markets catch up.
However, there are some ways to make money from betting on football – some of which are actually risk-free.
Here we have a look at the some of the best ways:
1.Use a Matched Betting Product and Take the Bookies to the Cleaners
The best – and most surefire – way to make money from gambling on football is to use a matched betting product like Profit Maximiser.
What this does is bring together all the bookies’ ongoing free bets and bonuses and shows you how to set them up to make money whatever happens.
As an example of one of these free bets, Paddy Power offer a free £25 in-play on certain matches if a team you back is losing at half time.
Another example is Ladbrokes, who offer a free £25 in-play bet on selected games if you place a £25 bet before the match starts.
There are literally dozens of these offers every month and some people have made a full-time living from matched betting, making over £20,000 per year.
The great thing about these offers is that the bookies are desperate for our business these days and are competing in a very crowded marketplace, so have to keep offering these incentives to keep us betting.
But rather than getting sucked in to losing money, you can be a shrewdie and take advantage of these offers to make yourself some risk-free cash week after week.
We have trialed this ourselves during a three month live trial and did very well, making over £2,000 profit.
So for the best way to profit from football, we recommend getting stuck in to Profit Maximiser.
Then you can use all the cash you make for other betting – or just pocket it and spend it on the finer things in life!
2. Use a Top Tipster to Make a Tax-Free Second Income
To become a profitable football bettor takes a great deal of work. You have to study the form and stats, check team news, look at the head to head records of the two teams, check their home and way form, and so on.
All that research can take hours and for most people these days with busy lives, it is difficult to find the time to do all of that.
Plus you can put in all those hours of effort and still not make money at the end of the day!
So using a really good tipster can solve all these problems at once.
They put in the hours so that you don’t have to. They will slave away studying the form and stats and finding those top value bets.
And you can see if they have good long-term record of making profit, then there is a good chance you can make money by following them.
Some of the best tipsters make hundreds of thousands of pounds per year, so by following their tips you can cash in on their expertise and make some serious profits for yourself.
Here we have a look at some of the top football tipsters:-
- The Sports Guru
The Sports Guru has established an excellent record as a top tipster, having racked up an astonishing 450 points profit for his subscribers since launching in May 2015. That means if you had bet at just £10 per point, you would have made over £4,500 in that time. That profit has come with a strike rate of over 40%, meaning there are a large number of winning bets and not too many losing streaks. The Sports Guru provides tips on other sports as well as football, but his record on football is excellent and he has even started proofing a new service – The Football Guru – focused just on the beautiful game. It may well turn out as good as the main Sports Guru service.
- Banker Bets
One football tipping service we have been following for a long time is Banker Bets, having proofed their tips for over 18 months now. In that time they have made an excellent 126% profit, establishing a very consistent record of success in that time. That profit has been achieved with a phenomenal strike rate of over 85%, meaning the vast majority of your bets will be winners and there have been long winning streaks of over 20 bets at times! Although up until recently Banker Bets has also included tennis tips, John who runs the service has just decided to focus solely on football as the results have been even better just on football than those stated above overall. Banker Bets has stood the test of time and comes highly recommended as a top footy tipster.
- Thomo’s Tips
Specialising in the Premier League, Thomo’s Tips is an excellent football tipster who has built up a top reputation in tipping circles over the last 18 months. Having made over 250 points profit in that time, following Thomo’s Tips for just £10 per point would have made you over £2,500. That’s enough to pay for a decent holiday or two or some nice home improvements! The win rate is very high as well at 44%, meaning losing streaks tend to be fairly short. The nice thing about betting on the Premier League is that you always get excellent liquidity and don’t have to worry about odds disappearing after tips are sent out – in fact, often quite the opposite happens and you can beat the advised price. A very good football tipster all in all and one we recommend adding to your portfolio.
3. Go Against the Crowd to Profit from Soccer
The alternative to using a matched betting product or a footy tipster is of course to develop your own football betting strategy.
Although much harder to do, it can really pay off and mean you aren’t reliant on anyone else for your nice second income.
If you are thinking about developing your own system or strategy, we recommend you think about going “against the crowd” so to speak.
This means not just following what everyone else is doing and the so-called “obvious” picks, but going for things that are out of the ordinary. Nick Mordin articulated the approach very well in his book “Against the Crowd,” that is written for horse racing but could really apply to any betting sport.
Essentially there is a kind of “herd instinct” that operates a lot of the time in football betting, when people plump for the same old “bankers” on their footy coupon. But to really make money, it can pay to oppose the big-name teams and go for the less-fancied, but often better, teams.
Most famously of course this manifested itself in the 2015-16 Premiership season in which against all the odds, Leicester City won the title. Now of course very few people would have predicted that at the start of the season, but even mid-way through the season you could still get good odds on Leicester in their matches, especially against the big teams, even though their form was superb and many of the big names – like Chelsea, Man Utd and Arsenal – were struggling.
Equally, it can pay to go against the big name teams when they are out of form. Man Utd in the post-Alex Ferguson era were consistently poor value to back (and good value to oppose) mainly just because they were Man Utd, even though the squad they had was just a shadow of their former teams.
The same could be said of Liverpool over many recent seasons, or in Europe the likes of AC Milan and Valencia are often wrongly priced, just because they are famous names that most mug punters just assume will do well.
Perhaps you have other ideas about how to develop a winning football strategy. Whatever your ideas, it is probably best to look at things from a different perspective from the mass of punters and to develop your own niche.
And of course, testing a system or “paper trading” is probably the best way to see if it works before diving straight in with your own money.
Making money from football can be difficult and the vast majority of punters lose money. To give yourself an edge and a chance of making money, we recommend three options: use a matched betting product like Profit Maximiser, a top football tipster, or spend some time developing and testing your own system.
You can even try some free football tips if you are short of a few bob to pay for a subscription.
If you have any other ideas on how to make money from betting on football, please drop us a line below!