Do professional bettors actually exist or is... | Betzonic

Question

ok so my roommate keeps telling me he knows a guy who makes like 6 figures betting on sports full time and im calling bs on that. like how is that even possible when the house always wins right?? genuinely curious if anyone here actually knows someone who does this for real or if its all just people lying about their wins

Accepted Answer

they definitely exist but its nothing like what most people think. its not some dude sitting on his couch making parlay bets and getting rich lol. actual professional bettors treat it like a job - they have models, track closing line value, grind out tiny edges over thousands of bets. i know a few guys who do it full time but they also get limited FAST at most books. most of them use My Bookie and like 8 other books just to get enough action down before they get restricted. its a real thing but its more like being a day trader than being some lucky gambler. not glamorous at all tbh

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Yeah this is accurate. My buddy does it semi professionally and makes decent money but he literally spends like 6 hours a day analyzing lines and building spreadsheets. Not exactly living the dream lmao but hes definitely profitable over the last 3 years

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idk man how do we know these people arent just on a hot streak? ive seen so many "professional bettors" on twitter blow up their bankrolls after a year or two. survivorship bias is real

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nah bro thats the thing tho - if you track CLV consistently over thousands of bets its basically impossible to fake. like you can get lucky on outcomes sure but if youre consistently beating the closing line thats actual edge. ive been doing this for 4 years now and my CLV numbers prove its not just variance

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honestly the whole thing feels rigged against you even if you ARE good. i started getting limited after literally 2 weeks of winning. like what's even the point of being skilled if they just ban you the second you show any edge? so frustrating

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That sucks but tbh thats why the real pros use tons of different books and also bet through agents in some cases. Getting limited is just part of the game, you gotta adapt. I've been limited at probably 15+ books at this point but still manage to get action down where it matters

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wait so if these guys are so good why dont they just bet more money and make millions? like whats stopping them

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liquidity basically. theres only so much money you can get down before you move the line yourself or get limited. the market is efficient enough that you cant just bet unlimited amounts. thats why even the best guys are making like 200-500k not tens of millions

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Fwiw there's actually academic research on this. Betting markets are considered pretty efficient but not perfectly so. The existence of closing line value and the fact that sharps do move lines suggests there's real skill involved, at least for the top maybe 1% of bettors.

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from what ive read most of the truly successful pros are betting asian markets or working for syndicates. the retail US market is honestly pretty small potatoes for serious volume

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I think the reality is somewhere in the middle. Yes pros exist, but theyre extremely rare and most people claiming to be professional are either lying, on a heater, or selling picks which is a whole other business model

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Been around this game 20+ years. Pros are real but the game has changed a lot. Used to be easier honestly, now algorithms make it much harder to find edges. The guys still doing it successfully are extremely smart and work harder than most people realize.

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can confirm what the top comment said. my cousin quit his finance job to bet full time about 5 years ago and hes still doing it. not rich but makes like 80-100k consistently. boring as hell work according to him but hey its a living

Do professional bettors actually exist or is it all bs

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