To many, becoming a Professional Gambler will be a dream job, but can it be done? This article looks at how it really is possible to ensure success, and also the traits and things to consider that the professionals have in common.

Among the first concerns must be establishing a betting bank which is used exclusively due to this purpose, it must not be money that is necessary for day to day living expenditures or bills and has to be money you are prepared to lose. A popular way of establishing this initial bank is through matched betting, a technique where the bonuses provided by the good online soccer gambling agency (redirect to Esapa) bookmakers are used to build a bank through risk free betting. It really is quite possible to build up a betting bank running into thousands of pounds using this method.

It will then be essential to establish the portfolio of methods that you will be applying. Although horse racing is often the very first sport many think of whenever we talk about betting, most professionals will spread their risk across different sports, betting on Tennis, Soccer, Cricket etc. This has the effect of creating a managed betting portfolio just like how investments are made in the stock-market. The actual methods used will be a combination of tried and tested methods supplied by third parties, and methods that the professional has developed for themselves over-time.

A crucial component will be the psychology of the Professional. They has to be able to take a long term view of their betting activity and also by keeping accurate records be pleased to accept the inevitable ups and downs. The key to survival will be the generation of consistent profits over time, not the daily results.

Following the advent of the betting exchanges, primarily betfair, a big number of the professionals i know include an element of trading in their betting activities. Therefore they look to place back or lay bets which are then traded out for a profit prior to the event has finished, or even in many cases prior to the event has even started!

With having said that, the most obvious question is where to start, which may be the main stumbling block, it certainly was for myself! The net is awash with "Guaranteed" winning betting systems that make the most outrageous claims of success. In my experience 90% of these fail to deliver. As an initial pointer I would suggest that you will want to look for some or all of the following characteristics with regards to a approach to add to your portfolio:

Will be the previous results disclosed verified and checkable? Is there a real person you may contact( and also you should contact them as the quality of their reply will often give an indication of the person behind the system) Is there a secure Refund?

In conclusion, it's certainly possible to make consistent long term profits on a part-time or maybe full time basis from betting, myself and lots of others that I know personally are proof of this, but it is exceedingly easy to lose money should you not set about the process in the correct way. Please feel free to visit my website for a more in-depth analysis of some of the factors which will determine your success.