Make $100 a Day Sports Betting: Strategies I Used

Making $100 a day through sports betting is not just a myth. It is possible with strategies based on odds comparison services and simple mathematics.

Many bettors have already succeeded with these techniques and earned a steady income.

Unfortunately, these strategies can’t be used for many years without facing any obstacles. Below you will find the main strategies I used to make money from betting.

How can you win $100 a day with sports betting?

With betting techniques like sure betting, matched betting, and value betting, you can make $100 a day gambling at the beginning of your betting journey.

risk checking to make a fortune with betting

Most professional sports bettors place bets on overpriced markets. Many of their betting strategies are based on incorrect odds, which can offer an edge over bookmakers.

In the long run, you can realistically make $1500-$2000 a month.

Betting sites won’t let you use them as a long-term income source, so having access to multiple bookies is essential for making money from sports betting.

One of the simplest ways to profit is using an odds comparison tool such as OddsJam.

make-sustainable-profits-each-day-betting-with-oddsjam

These services scan the majority of betting sites and display thousands of betting outcomes with overpriced odds.

These services support betting strategies such as:

  • Arbitrage betting – you simultaneously cover each outcome of an event at different bookies -> guaranteed profit
  • Value betting – find outcomes with overpriced odds that have a positive expected value odds compared to the chance of winning it
  • Matched betting – take advantage of sports betting offers by completing the rollover requirement without losing the bonus itself
how to start winning in betting

In my experience, if you want to be profitable in sports betting, your best chance of making money is by following strategies based on mathematics.

These strategies will help you earn a decent income from almost any sport. Football, tennis, and basketball are some of the best sports to practice.

1. Cover each outcome with sure betting

Bookmakers often offer incorrect odds. Daily, you can find thousands of bets with overpriced outcomes.

Mathematically, these opportunities can provide an advantage against bookmakers.

If a bookmaker offers odds of 2.20 while the true odds should be 1.90, for example, you can take advantage of this mistake.

risk and profitability check of making money with arbing

For this, the basic and simplest betting technique is called arbitrage betting or sure betting.

When you find a sure bet like this, you can cover the other outcome at another bookmaker.

By calculating the right stake with an arbitrage calculator, you will end up in profit, no matter which outcome wins.

Arb-stake-calculator-of-betmetricslab.com
Arb stake calculator of BetMetricsLab.com

Pros

  • Arbitrage betting is the surest way you can achieve $100 a day with betting
  • The amount of profits you make is directly proportional to the time you work
  • The risk of losing is excluded because of covering each outcome

Cons

  • Bookies became good at spotting greedy arbitrage bettors who place bets on obviously wrong odds
  • You need to be fast enough to cover each outcome of a market

Most bookmakers have developed sensitive algorithms to catch smart bettors. Smart betting activities will decrease the profitability of bookmakers.

downside-of-always-winning-every-day

If you start betting on wrong odds with bigger stakes, in the long run, you will be noted as a smart gambler.

Your stakes will be limited in a very short time if you are flagged as a winner.

Sure betting is one of the easiest techniques to detect, so this betting method is becoming increasingly difficult to practice.

winning in betting and its risk arbin

However, if you have access to enough bookmakers (10-30), you can still make a decent profit from it.

A monthly profit of $1000 can be a realistic target for a beginner arbitrage bettor. By gaining more experience, this profit can be significantly increased.

Your goal of making $100 a day will require betting constantly with an increased volume or stakes.

monthly-profit-potential-with-arbitrage-betting
Monthly profit potential with arbitrage betting – simulator from BetMetricsLab.com

To learn more about arbitrage betting, check my detailed articles, such as is it worth starting arbitrage betting and the one focusing on techniques you can find arbitrage bets with.

2. Start hunting bonus offers

Matched betting is similar to arbitrage betting. You may have noticed that most bookmakers offer decent welcome bonuses or free bets.

With the betting technique of matched betting, you can convert these bonuses into withdrawable real money.

The basic idea for converting these bonuses is placing a bet at the bookie with the bonus and covering the other outcome with a second bet at another bookmaker.

make-daily-profits-with-betting-on-bonuses
Make daily profits by betting on bonuses > check the OddsJam review for more info on the tool

Pros

  • You can complete bonus offer roll-overs without risking losing your deposit
  • The easiest betting strategy to learn that can generate a steady income
  • You do not need a big starting capital
  • Betting sites spot matched betting activity later compared to other strategies
  • If done correctly without greed, it can be a long-lasting income source

Cons

  • Matched betting is not a get-rich-fast strategy
  • You need to have access to many betting sites (10+ at least)

We don’t want to lose too much from these bonuses by placing these pairs of bets on unfavorable odds.

risk of making money with matched betting

Ideally, you should search for sure bet opportunities that are close to 0%.

This way, you can complete the rollover requirements for every free bet or welcome bonus without losing it.

With matched betting, you can make approximately $50-$120 a day in the first year if you have access to enough bookmakers.

A lot of the bettors made a living from this strategy by hunting bonuses on a lot of accounts.

player-reports-on-daily-and-monthly-profits-with-matched-betting
Player reports on daily and monthly profits with matched betting

For a more in-depth guide on the possibilities and possible income from matched betting, you can read the following articles:

3. Exploit overpriced odds with value betting

In my experience, value betting is the best sports betting strategy for making $100 a day.

Please don’t misunderstand me, every motivated bettor who starts value betting is not guaranteed to make profits every day.

profits-made-each-month-with-betting-on-value-bets
Profits made each month with betting on value bets > value bet simulator from BetMetricsLab.com

This strategy requires more experience and patience. Value betting is based on the same principle as the strategies already mentioned.

Finding overpriced outcomes with higher odds than the true probability of winning will generate profits in the long run.

Pros

  • It’s proven to be the most profitable betting strategy
  • Can generate even more than $100 a day in the long term
  • Betting sites spot value betting activity later
  • Requires less skill and time because you cover only one outcome of a betting market

Cons

  • Variance: you will face longer losing and winning streaks as well. The income is not steady
risk analysis winning with value betting

The biggest difference between value betting and the others is that you place bets only on incorrect odds. You will not cover the other outcomes, so you will take some risks too.

These bets won’t be the easiest to win, and you won’t make money on every bet you place.

The most significant advantage of this betting technique is that you won’t lose money and value on the covering bets.

4. Use a proven staking strategy

The right staking method can do two main things with your betting strategy. It can increase its profitability and also decrease the chance of sportsbooks noticing your activity.

Making enough profits a day from sports betting requires an increased stake size or a large number of placed bets. Both can raise red flags in different ways.

make-more-profits-daily-from-betting-by-testing-your-staking-plan
Make more profits daily from betting by testing your staking plan > Services > Staking Simulator

Sports betting money management strategies, such as the Kelly criterion, help value bettors optimize their profits while decreasing the effect of variance.

Making $100 a day consistently with value betting is simply not possible because of losing streaks that can happen at any time.

With a staking strategy, our goal is to decrease the effect of these losing streaks and meet the daily profit goal on average.

5. Follow only reliable tipster platforms

In my experience, relying on tipster predictions is definitely not the best way of making a sustainable income.

While many of the best tipsters are legit, they can offer real value with their service. You can trust some of them in the long run, and they can generate a decent income for you.

reliable-tipsters-to-make-money-more-consistently
reliable tipsters to make money more consistently > Check tipsters page

The chance of making $100 a day consistently by following these kinds of services is very low.

The most significant advantage of following someone else is that you don’t have to invest your time in researching, learning, or finding good opportunities.

Pros

  • Requires no serious knowledge about a sport/team
  • You can get notifications on your phone about new betting opportunities
  • Betting sites will limit you later
  • The subscription prices are fairly low

Cons

  • Tipsters tend to have fluctuating performance
  • You will not place as many bets as with other strategies
  • The income is not predictable

If you find a good tipster, your only task is to place the picks as quickly as possible before the odds start dropping.

After this, you will wait and hope that the tipster has offered this pick with their best knowledge.

However, the biggest drawback of following tipsters is that you can’t be sure about the credibility of the person behind the username.

Many manipulate their pick history, resulting in a higher ROI than the realistic one.

More information about tipsters can be read in this article. Finding betting opportunities by yourself can offer a more stable and sustainable income.

Learning these betting strategies won’t make you a millionaire in the first month, and you probably won’t make $100 right from the first day.

But if you’re willing to learn and gain experience in the long run, you have the chance to become a professional bettor.

How many sports bettors can be profitable every day?

We can find a lot of bettors and tipster services on the internet who are telling you that they are profitable and they can offer the knowledge for it.

Many tipsters can teach you how to make money from betting, but most of them only want your money without really offering valuable information.

Most successful sports bettors and gamblers do not brag about their strategies.

In this industry, the fewer people who know your technique, the longer you can make money from it.

It is hard to really know how many bettors are profitable in the long run, but it is estimated that only 2%-4% of bettors can make a sustainable income from betting.

After my experience, most professional gamblers are not willing to share useful information about their technique.

Being successful in this industry means that you know something that can offer an edge over the bookmakers.

Most of the time, this means that bookmakers are making mistakes in defining the true odds or correct betting lines.

The more people start making money on these mistakes, the faster the bookmakers will find out.

So, the only sustainable way of being profitable in the long run is to stay under the radar if you know a profitable strategy.

Conclusion

Yes, using strategies like arbitrage or value betting to place bets on overpriced markets is the best way to make $100 a day in sports betting. While it takes time to learn and develop effective steps, patience and persistence can lead to long-term success in the world of sports betting.

FAQ

Can you earn $100 a day consistently from sports betting for a long period?

No, in most cases, sooner or later, sportsbooks will limit your maximum stakes so you won’t be able to make $100 for an extended period without facing issues.

How fast will bookies limit my account if I start making $100 a day from betting?

Some bigger sportsbooks let players win and make significant profits for a few months. However, many gambling operators limit betting accounts even after a few days or weeks of constantly winning.