Make Money Online: How to Bet on Sports and Make Money

In case you’re itching to make some extra cash online, then this guide is for you. We’ll tell you exactly how to do it, step by step. Once you’re done reading, you’ll be able to set up your own online betting business and start earning large sums of money without risking your own hard-earned cash.

The Basics Of Online Bookmaking

Let’s get one thing straight right off the bat. Though it’s tempting to run right out and place a big wager every time the scores seem to be going your way, that’s actually pretty dangerous. Chances are, you’ll lose lots of money, because you won’t know how to judge a game accurately. That’s why it’s best to take it easy at first, and learn how to judge the games you bet on correctly. It also helps to have some knowledge about sports in general.

The key to making money online is knowing the odds. Take soccer for example. You may know that matches between Brazil and Argentina are usually intense, entertaining matches, but you might not know what the odds are regarding that particular match. How many goals will each team score? What are the current odds? These are all important questions, and they can help you determine whether or not you should wager on a game. You don’t want to put all your eggs in one basket, especially when you’re just starting out.

Learn How To Bet On Sports

This one is pretty self-explanatory. If you’re thinking about putting money on sports, then you’ll want to learn how to bet on them. There are lots of different ways to learn, but we’d recommend trying out a software or mobile application. They can be pretty helpful when it comes to understanding odds and knowing how to wager on certain sports. Some of the more popular apps are:

  • Betting Basics
  • OddsMaker
  • CappersNet
  • Bwin
  • Nadex
  • MyBookie
  • MySports
  • The Spread
  • 5Dimes
  • Xpressbet
  • Skybetting

Some of these apps are free, while others have a premium version that costs money. If you want to learn how to bet on sports, then it’s best to choose an app that has a free version, so you can try it out without risk. Once you find one that works well for you, upgrade to the paid version so you can make the most of all its features. Some of the more premium apps offer additional features, like live in-game commentary, which is great if you’re trying to follow a game that’s taking place at a distance.

Get A Sportsbook Account

This is pretty self-explanatory too. If you want to place bets on sports, then you’ll want to have a sportsbook account. You can open one with just about any major bank. All you need is an email address and a password. Though it’s tempting to use an online betting account to place wagers on all the huge matches that come your way, especially if they’re between popular teams like the Yankees and the Red Sox, that’s actually not a good idea. Major sportsbooks like these will spot you and deny you of access to their sports if you’re not a member. So, it’s best to use your account for just sports that you’re passionate about. Otherwise, it’ll just be a battle of attrition – going through the motions without any real enjoyment.

Make Money With Blogging

If you’re a passionate sports enthusiast who also happens to be a talented writer, then you may want to try your hand at blogging. The concept behind blogging is fairly simple. You’ll be creating content online that’s usually somewhat entertaining or informative. While they don’t have to be, most blogs contain a mixture of both. Think of the popular blogs such as SB Nation, Deadspin and Sports Illustrated. Now, imagine those same publications, but with the addition of online betting. Those are some pretty sweet deals, even if you’re not a professional sports writer. All you need is a laptop or desktop computer, a reliable Internet connection and a passion for writing. Once you’ve established yourself as a reliable source of information on your chosen subject, you can begin looking for sponsorships and advertising opportunities, which can help you make additional money.

Blogging is a fairly new concept. It didn’t exist prior to the early 2000s, and it grew in popularity rapidly after that. It also found its way into the mainstream media as well, with major news publications and websites employing bloggers to provide additional reporting and commentary on current events. Pretty much any sport or game has been the subject of a blog post at some point, so it’s definitely something you can do if you’re interested.

Try Podcasting

Though many people have written off podcasts as a fad that won’t last – it’s currently the second-most popular form of online content after videos – there’s still plenty of reason to try them. Podcasting is simpler than many people think. All you need is a microphone, a computer or laptop and a decent Internet connection. After that, all you need to do is to create or download episodes of your podcast, which are typically between five and fourteen minutes in length. Once you’ve established yourself as a reliable source of information on your chosen subject, you can begin seeking out speaking opportunities and gaining the benefit of a wider audience.

Podcasting is a great option for anyone who’s looking to make money online. You can do so via affiliate marketing, which earns you a commission when someone clicks a link or buys a product that’s promoted on your podcast. The key to successful affiliate marketing is to establish yourself as a thought leader in your subject matter. Create articles, videos and other content that’s useful and helps people. Then, when you’re done establishing yourself, begin looking for the best affiliate offers for the products and services you discuss on your podcast. You can also make a few hundred to a few thousand dollars a month simply by performing live chat sessions with your podcast audience. Simply learn how to do a live chat, create a podcast topic that’s relevant to the live chat sessions you do and begin attracting potential customers to your side of the business. You can also try selling and displaying ads on your site and bring in some extra cash.

Sign Up For A Sports Bookie

There are lots of different ways to make money online, but few of them involve going to jail. That’s why we’ve decided to tell you about the easiest and the least dangerous way to make money, which is via sports betting. However, if you really want to make some extra cash, then there are lots of other ways to do so, including:

  • Selling your own photos on sites like eBay
  • Try online marketing or affiliate marketing for large companies
  • Penny roll betting – placing small bets on the outcomes of games
  • Pro-rated betting – placing larger wagers on the outcomes of more than one game
  • Accumulator betting – placing bets on the outcome of multiple games
  • Match betting – placing bets on the result of a single game

The key to making money online is finding a safe and reliable way to do so. Some of the ways we’ve discussed here aren’t necessarily safe for everyone, so make sure you understand the risks before getting started. We hope we were able to provide you with enough information to get started and make some extra cash. If you’re looking for a fun and exciting way to make money, then you might want to consider gambling, but only if it’s done safely and with proper care. Good luck out there.