Anyone who follows any sport knows how sports betting companies are everywhere: competition names, team and athlete sponsorships, television commercials, and much more. That is why this segment is now completely intertwined with sports themselves, even financially boosting many teams.
With so much money at stake, many still have doubts about whether it is possible to start making money from sports betting and keep making a profit consistently. That is why we have prepared this article showing ways to make a profit once you create a 1xBet account, which is one of the most popular platforms in the world and operates with high quality in Southeast Asia.
This market currently moves billions of dollars annually. So, of course, many people come out ahead, either as players or as workers in the iGaming industry. Here, we will focus on the activities of bettors, which are accessible to anyone with an internet connection.
How to start making money with sports betting once you create a 1xBet account
We have separated the ways to start establishing a steady income with sports betting into a few categories. First, we will teach you how to take advantage of company promotions to start playing with a larger balance. Then, we will share lessons that every bettor should keep in mind to do well in this activity. Finally, we will show you how your cell phone can help you while betting.
Use all bonuses to start playing with more money and less risk
The first step to getting started in the world of sports betting is to choose a good bookmaker. This decision is largely based on the bonuses and promotions offered by the website. With them, you will start playing with much more money. Virtually all companies offer new users a welcome bonus. Usually, the amount is 100% of the amount deposited by players.
These bonuses have specific ways of being used, with minimum odds and a number of times that the amount won must be played, which is known as rollover. After fulfilling all the terms and conditions of the promotion, all money from the offer will become real balance. You can then withdraw it or use it to play more.
There are specific welcome bonuses for casinos. So, if you prefer games to sports betting, these are the ideal promotions for you. The values of casino promotions are much higher, as games, especially slots, are more dynamic and allow for a much faster rollover.
In addition to the welcome bonus, there are several other promotions you can take advantage of to earn more money with iGaming sites. Many platforms choose a day of the week to offer deposit promotions, usually 100%. So, when you make recurring deposits into your account, the amount will be doubled.
There are also loyalty program promotions, where you accumulate points with each bet you place. You can then exchange them for exclusive offers in the form of free bets or even a balance to play with as you wish. This is the main reason for selecting just one betting platform and focusing your gambling on it: the more loyal you are to a company, the more advantages you will get.
Free spin bonuses on slots are also a good way to get more money to play with. Casino platforms select a few slots for the offer, and then all the profits you make from the spins can be used on other casino games or even on sports betting.
So, there are countless chances to win more money without even playing, just by regularly visiting betting sites. Knowing how to take advantage of these opportunities is a big step towards increasing your bankroll and, consequently, your betting profits.
Referral program
Betting platforms such as 1xBet also have referral programs that allow users to earn even more money from the site. But in this case, you will not be the player, but the person who refers new players to the company. The chance of constant profit is great.
In addition to a fixed commission for each person you refer who plays on the platform, you can also receive a percentage of the bookmaker’s winnings from that customer. Usually, the more people you refer to, the higher the percentage of that profit.
It is also possible to become a betting agent, but this requires an initial investment. In this case, you need to purchase POS Stations to place bets in person, reaching an audience that is not very familiar with the virtual environment. The opportunities to earn are also great, as you will receive a percentage of the deposits made and bets placed on your terminal.
Place conscious bets based on real data
For those who want to focus on betting to make money, it is essential to delve deeper and understand the sport. Take the time to browse the bookmaker, visit each match page, and understand all the betting markets offered by the platform. The more specific a market is, the more profitable it tends to be, as it is more predictable through statistical analysis.
Check out the table below for some examples of specific markets that can be analyzed in depth for informed bets on different sports and e-sports:
Sport | Specific betting markets |
Football | Number of corners for a team, number of shots on goal for each player, players who will receive cards, players who will score goals or provide assists |
Basketball | Number of 3-point shots for a player, number of rebounds for a player |
Tennis | Number of aces for a player, total games in the match |
Volleyball | Number of blocks by a player, number of aces by the team |
Cricket | Total runs per delivery, next man out, top batsman of the match, number of runs by each player, method of next batsman dismissal |
DOTA 2 | Total frags, duration of the map, team to take next Roshan, total heroes alive when the throne is destroyed in each map |
As you can see, there are opportunities for extremely complex betting markets, but they are simple to understand if you already have knowledge of the sport in question. So, a good way to win is to follow these steps:
- Choose one of the markets and stay focused on it.
- Write down all the results of your bets in that market, with total profit, number of bets, and percentage of winning bets.
- Repeat this with a few other markets in your favorite sport.
- Then, analyze which markets you were most successful in and focus entirely on them.
- From there, you can find statistics platforms specific to that particular market.
- Then, read all the data, find some patterns, and select a few betting lines that have a good chance of occurring during the day’s matches.
- If the odds for the likely lines are satisfactory (above 1.70), place the pre-match bet.
- If the odds are still not satisfactory, wait for the match to start and follow the odds movement in real time.
You can see that it’s a relatively laborious process. But you’ll quickly get used to it. At times, you’ll see value bets almost naturally, as the statistics will already be engraved in your mind and it will be easier to spot trends.
Set goals and stay in control
If you want to profit from sports betting, you should set some goals: what percentage do you want to win per day, per week, and month? It is important to set realistic numbers: consider that if you earn 0.5% per day, that is already an impressive number in the long run. Therefore, sometimes one sure bet with regular odds is enough to hit the target.
When you reach your profit goal for the period, it is recommended that you stop betting so as not to risk losing what you have won. Similarly, it is important to set a loss limit, as this helps players maintain mental control.
For this financial control to work, you also need to set two key values that will underpin your bets:
- What are the desired odds in your betting method
- What is the stake for each bet, i.e., the percentage of your bankroll that will be placed on each bet made
These values must also be realistic. Prioritize odds between 1.70 and 2.0, as these are values that bring a good profit rate while being relatively likely to materialize. Regular bettors usually set 1.80 as the ideal odds for a balance between profit and safety. The stake should also not be too high: at most 5% of your bankroll on each bet placed.
It is worth remembering that all these recommendations are for those who want to make a long-term profit from sports betting. If you are just a casual player who wants to use your predictions to have fun while following sports, you can always play with more freedom.
Use your cell phone as a tool
Nowadays, all brands in every industry see their customers’ phones as a great way to understand them and improve their services. Betting is no different. That’s why it’s increasingly common for bookmakers to offer apps for Android and iOS.
If you have read the tips in this article carefully, you will have realized that live betting is crucial for achieving higher profit rates when betting with bookmakers. The dynamic nature of the odds provides opportunities to take advantage of lines with good chances of winning at higher profit rates than in pre-match betting. Knowing this, it is easy to understand the importance of betting on a mobile device.
The entire betting process, from logging in, selecting the line, and confirming the bet, will be much faster. So, your opportunity to follow the matches in real time and still bet with confidence will be even greater.