Becoming a professional sports gambler is a lot more than just making bets – it requires a very specific set of skills and attributes in order to turn your side hobby into a full-time career.
Long term goal mindset
Having long term goals is extremely important because being a professional gambler is definitely not a way to get rich quickly. In order to sustain yourself as a professional bettor, you will need to have long term goals that will ensure the longevity and maximisation of your bankroll. Not all days will be profitable, so you need to ensure you have enough wins to cover the losses and ultimately reach profitability by a set date.
This trait goes hand in hand with the long term goal mindset. Having patience is vital to sports betting as you will need to be patient to wait for all your wagers to pay off. Patience includes not chasing losses and rather sticking to your plan in achieving a long term win.
A healthy bankroll
Unfortunately, to get started as a professional bettor, you will need quite a big bankroll. Small bankrolls are fine when you betting as a hobby, but in order to win substantial amounts of money, you will need to have quite a bit of capital up front. Especially since you can’t always guarantee a win, you will need to make sure you have sufficient bankroll to sustain you until you turn a profit.
Exceptional sports knowledge
This almost goes without saying, but having strong sports knowledge is pivotal to becoming a professional sports gambler. The more you enjoy and understand something, the easier it will be for you to do research and learn the nitty gritty of the different sports you are planning on betting on.
Sports betting involves a lot of maths, so if you are not mathematically minded, it might be difficult to turn sports betting into a career. Odds, lines, profit, losses, scores, etc. are all made up of numbers that you will need to juggle in order to succeed at sports betting professionally.
As with patience, discipline is extremely important. You need to be sure that no matter how big of a loss you have, you aren’t going to try and chase it and ruin your betting plan. You must also be sure that you have the strength to not change bets on a whim or based on last-minute information you received from an unverified source that might or might not be true.
Strong analytical and reporting skills
In order to ensure that you are giving yourself the best possible chance of winning, you need to keep detailed records of your bets and be able to go back over those records and analyse them in order to ensure that you are creating a coherent betting strategy that will benefit you in the long run. The more data you have, the better your edge, because you will be able to see what works for you, what doesn’t and what sort of betting strategy you should stick to moving forward.