To most sports gamblers, a professional bettor seems to have a perfect life. They wager on sports for a living, make their own hours, and earn serious profits.

That said, professional sports gambling may seem like a glorious career. However, it actually involves a long and slow climb to the top.

This guide discusses the realistic points of the path towards becoming a success when betting on sports. It also covers the small edges and long hours that gamblers must put it into turning pro.

Professional Sports Bettors Deal With Small Edges

When the general population envisions an expert sports bettor, they think of somebody who makes thousands of dollars with every wager.

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They probably also picture a gambler who just can’t seem to lose night after night. The reality, though, is much different than this.

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Instead, they have a small edge that they exploit through large bets.

Many sports gamblers consider themselves successful if they win 50% of their wagers at -110 odds. Of course, gamblers can win more far more bets against the sportsbooks if they back heavy favorites (e.g. -300 or better).

But -110 is a nice measuring stick for how successful you are in terms of win-loss percentage. Even if you win 50% of the time at these odds, though, you still won’t be making profits.

After all, you need to take the juice into account. A bookmaker takes 10% from the losing side in a -110 wager, meaning a 50% win rate won’t get it done.

Some handicappers claim they correctly guess over 60% of their sports betting picks. However, no handicapper or professional sustains such a win rate in the long run.

At best, one can only expect to be successful on 55% of their bets long term. This win rate certainly isn’t the 80% mark that many would envision for a pro.

You Can’t Expect to Win Big With a Small Bankroll

You won’t get very far if you have a 53% to 55% win rate and are only placing $10 bets. You can’t even earn a dollar profit from each wager at this rate.

You need to exploit your long-term edge with big bets in order to make serious profits.

Here’s an example on how much you might win as a lower-level pro:

• You place $2,000,000 worth of bets throughout the year.
• You win 54% of your wagers at -110 odds.
• 2,000,000 x 0.54 = $1,080,000 in winnings
• 2,000,000 x 0.46 = $920,000 in base losses
• 920,000 x 0.1 (juice) = $92,000 in juice paid
• 920,000 + 92,000 = $1,012,000 in total losses
• 1,080,000 – 1,012,000 = $68,000 profit on the year.

Unless you strictly bet point spreads, most profitable opportunities that you find aren’t going to be at exactly -110 odds. But I keep referring to these odds because they make for the simplest examples.

You also need to capitalize with large wagers as well. You can only place these big bets if you have the bankroll to do so.

You Must Build Your Skills & Bankroll

Sports gambling definitely isn’t something that you jump right into and immediately conquer. Instead, it requires you to put long hours into the matter.

You’re most likely not going to win right away. Therefore, you want to study general sports betting strategy while slowly increasing your bankroll at the same time.

You also need to work on your handicapping skills.

This way, you won’t lose too much money if your betting skills aren’t yet up to par.

All the while, you should also be slowly adding to your bankroll. This process involves saving money and using it to build your gambling funds.

You probably don’t have $50,000 or $100,000 just sitting around for gambling purposes. But you can build up to this amount through a combination of steady investments and improving your skills.

Eventually, You Need to Increase Your Bet Sizes

I highly advise that you don’t jump into sports gambling and start placing $1,000 wagers right away. Eventually, though, you want to up your bet sizes to make more money.

With a large enough bankroll, you may even theoretically earn thousands of dollars per wager.

Of course, you want that bankroll to back up those huge bets.

Otherwise, the volatility could ruin your betting career.

Therefore, you should put serious consideration into your bankroll size. Here’s an example:

• You want to place $500 bets.
• You also want a bankroll with at least 100 units to survive the volatility.
• You’ll risk 1-3 units on each match, depending upon how confident you are.
• 500 x 100 = 50,000
• You should start with at least $50,000 (100 units at $500 apiece).

Can You Grind From a Low Roller Into a Pro Bettor?

If you’re like most amateur online bettors, you’ll probably start with a $50 or $100 deposit. These amounts give you just enough money to make several bets on the games you watch.

However, you may also have aspirations of turning your small bankroll into a fortune someday.

The odds are definitely against you depositing $100 and eventually becoming a top pro. Then again, though, everybody has to start somewhere.

The reason why most sports bettors feel this way comes down to two aspects:

• They fail to put the work into strategy and handicapping.
• They exercise poor bankroll management.

Sure, everybody who sets out on the road towards professional gambling blames bad luck or external factors for their failures. In reality, though, the average bettor is lazy and impatient.

They don’t want to put an hour into handicapping a single bet. They want to put five minutes into handicapping 12 wagers and pray that they’ll win most of the bets.

Furthermore, the typical sports gambler doesn’t wish to grind their way up towards larger wagers. They want to quickly increase their bet sizes and take shots at the big time.

Long story short, it’s possible to go from a small initial deposit to becoming a professional gambler. But you also need discipline, patience, and steady investments into your bankroll.

Most gamblers aren’t willing to make these sacrifices. That said, it can sometimes feel impossible grinding up towards pro status.

Tips for Starting on the Path to Becoming a Pro

As discussed throughout this post, you’re not going to become a professional bettor overnight. But you can at least get started on the right path by following the tips below.

Save Up for a Starting Bankroll

A $100 bankroll isn’t going to help you become a professional gambler. Even a $1,000 bankroll won’t do the trick.

You need a sizable bankroll so that you can make large bets and survive potential losing streaks. The amount needed all varies based on how much you want to get out of sports betting.

Of course, you don’t have to put your betting activities on hold just because you don’t have a small fortune.

Instead, you can learn the ropes by making small bets while slowly adding to your bankroll on the side. If you save up enough money, you’ll eventually be able to become a serious pro.

Break Your Bankroll Down Into Units

Most professionals don’t look at their bets in terms of dollars. Instead, they break their bankrolls down into units.

If you normally wager $100 per bet, then your unit size will be $100.

Of course, you’ll likely bet more than $100 when you feel extremely confident about an outcome. Therefore, you might risk 2-3 units in these situations.

In any a case, here’s an example on how to break your bankroll down into units:

• You have a bankroll worth $75,000.
• You want 100 units.
• 75,000 / 100 = 750
• Each unit size will be worth $750.

Narrow Your Focus

You might be tempted to bet on multiple markets. After all, wagering on a variety of sports is more entertaining than just one or two.

But the goal here is mastery. You stand a much better chance of making profits someday if you truly know a market.

Going further, you should also pay attention to a specific division rather than constantly trying to scout an entire league. If you know one division extremely well, then you’ll be an expert on matches involving that division.

Never Stop Studying

Sports betting is fun because you may never truly master it. You could dedicate a lifetime to this pursuit and still get fooled by the bookies sometimes.

That said, you have lots of room to grow with betting. If you truly dream of becoming a professional, you should constantly be studying general strategies and handicapping tips.

As long as you never stop researching advice, you’ll improve over time. Improve enough, and you could very well make a nice living off of sports gambling.

Conclusion

Sports gambling may seem like a quick path to riches for skilled bettors. But in reality, it’s a long journey that involves lots of planning and patience.

You can’t go from zero to 60 and expect to win big right away. Instead, you should grind your way up the ladder while slowly adding money to your bankroll.

With this approach, you can improve your handicapping efforts while also building your gambling funds. You should also steadily increase your bet sizes—especially as you develop an advantage.

With sports betting now legal in New York, people have been asking themselves which New York Racinos are opening sportsbooks. In Batavia, sportsbooks will be opening at Batavia Downs, the racetrack turned racino that calls the small city home. Batavia sportsbooks, like all other New York sportsbooks, will be waiting on the legislative green light before they are able to officially open their doors to legal sports betting in New York. Until such a time, this page will give you all the information you need to get to know Batavia Downs. More importantly, though, we’ll keep you up to date on all of the news regarding legal Batavia sportsbooks and where you can bet on sports in Batavia.

Batavia Downs is a racetrack turned racino with a well-established and even more well-respected reputation. The track first opened in 1940, offering pari-mutuel wagering to the residents of Batavia. In 2005, the track opened its doors to Video Lottery Terminals. They now have an expansive gaming floor with over 800 different terminals, adding more and more every chance they get.

A sportsbook in Batavia would do wonderfully, especially with so many professional and collegiate teams in New York for residents to pull for. Buffalo, home of the NFL team the Buffalo Bills, is just an hour away. While New York City and New Jersey are a bit farther away, it won’t prevent people from pulling for – and wagering on – the professional teams based there.

Not a fan of New York sports teams, but still a fan of betting? If a Batavia sportsbook opens, you can be sure they’ll offer lines on all professional teams in the US, as well as collegiate teams. Batavia sportsbooks would be perfectly poised to offer residents a chance to really get in on the action at a well-established gambling facility.

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When will a Batavia sportsbook be opening? As soon as New York passes an expanded sports betting law. Currently, sportsbooks in Batavia will only become a legal option for sports betting in New York if SB 7900 or one like it gets passed. Why, you ask? Well, New York technically legalized sports betting in 2013, but that was only in four commercial locations, severely limiting the scope of New York Sportsbooks.

Lawmakers left Racinos out in the cold when they passed that law. They are presently trying to rectify that mistake, but with only a few days left in the 2018 legislative session, the chances are becoming more and more slim. If the bill is not signed into law, one of two things will happen. Either the Senate will meet for special session in order to legalize sports betting sometime later this year, or the issue will get shelved until 2019, when the session meets again. A sportsbook in Batavia should definitely be available to bettors sooner rather than later. No one wants New York sportsbooks to lose revenue, especially if the competition is going over to places like New Jersey or Pennsylvania.

Batavia sportsbooks aren’t the only attractions at Batavia Downs. At this track, from July to December, you’ll be able to watch and wager on some of the finest harness racing events on the East Coast. You’ll also be able to play at any of the 800 Video Lottery Terminals at the venue, any time of the year.

Tired from the exciting day of racing and gaming? Stay the night at the luxurious hotel at Batavia Downs. There’s a complimentary breakfast, High-Speed Internet, and they even throw in $10 in free game play per guest per night!

There are four restaurants on the premises, ensuring that you can find something for everyone. During racing season, take a seat at the posh Clubhouse dining facility, where tiered seating allows you an unobscured view of the track. Wager on the races while you take in a meal or have a drink at this sit-down or buffet restaurant. Fortune’s Restaurant offers another fine dining experience for all ages all year round.

If you’re an early bird looking to hit the gaming floor before anyone else, grab a quick bite at the Homestretch Grill. They offer breakfast, lunch, and dinner for guests 18 and older. Grab a drink at the 34 Rush Sports Bar. When Batavia sportsbooks open up, look to this dining facility to be ready and raring to go with every game you can possibly imagine.

No matter what you choose to do at Batavia Downs, you’ll have a world-class experience. The top of the line facility is already a main attraction in this New York town, with the best in harness racing and video gaming. No matter where you are in the venue, delightful staff are willing and able to help you with anything you need. Once it opens, expect the same high class standards for the Batavia sportsbook. Sports betting will be a pleasure when it’s done at Batavia Downs.

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