To many, learning to be a Professional Gambler will be a dream job, but can it be done? This article looks at how it is possible to ensure success, as well as the traits and considerations that the professionals have in common.

Among the first considerations has to be establishing a betting bank that is used exclusively due to this purpose, it must not be money which is required for day to day bills or bills and must 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 trusted online casino (click here to visit learninglab.si.edu for free) 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's going to then be essential to establish the portfolio of methods that you're going to be applying. Although horse racing is usually the first sport many think of whenever we speak 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 much like how investments are made in the stock exchange. The actual methods used will be a mix of tried and tested methods supplied by third parties, and methods that the professional has developed for themselves over time.

An essential component will be the psychology of the Professional. They must be able to take a long term view of their betting activity through keeping accurate records be happy to accept the inevitable ups and downs. The key to survival will be the generation of consistent profits in the long run, not the daily results.

Following the creation of the betting exchanges, primarily betfair, a large range of the professionals i know include an element of trading in their betting activities. It indicates they look to place back or lay bets that are then traded out for a profit prior to the event has finished, or in many cases before the event has even started!

With having said that, the obvious question is where to start, and this may be the main stumbling block, it certainly was for myself! The internet is awash with "Guaranteed" winning betting systems which 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 the following characteristics with regards to a approach to add to your portfolio:

Are the previous results disclosed verified and checkable? Is there a real person you may contact( and you should contact them as the quality of their reply will often give an indication of the individual behind the system) Is there a secure Cash back guarantee?

In conclusion, it's certainly possible to make consistent long-term profits on a part time or perhaps full-time basis from betting, myself and several 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 proper way. Please feel free to visit my website for a far more in-depth analysis of several of the factors that may determine your success.