Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,207,362 members, 7,998,705 topics. Date: Sunday, 10 November 2024 at 02:29 AM

How Do Sports Bet Companies Make Profit? - Sports - Nairaland

Nairaland Forum / Entertainment / Sports / How Do Sports Bet Companies Make Profit? (845 Views)

How Do Sport Betting Companies Make Money? / I found a good 1.70 odds daily source, you too can make profit / Coronavirus Is Killing Off Bet Companies. (2) (3) (4)

(1) (2) (Reply) (Go Down)

How Do Sports Bet Companies Make Profit? by Windblown2much: 1:41pm On Sep 26
I'm just curious to know cause I still don't think these sport betting company make huge profits especially not in this age of social media advancement and mass awareness.

Recently I saw a page on Twitter where the original player dropped a game for his followers and majority won millions from it. i.e 100 million, 50 million+, 5 million+ etc.. with just little stakes.

I felt pitiful for the company imagining the number of days it'll take them to recover all the winnings without another set of individual somewhere else winning in millions again

So how are sport bet companies able to make profit?
Re: How Do Sports Bet Companies Make Profit? by Sterlingdgreat: 2:47pm On Sep 26
Windblown2much:
I'm just curious to know cause I still don't think these sport betting company make huge profits especially not in this age of social media advancement and mass awareness.

Recently I saw a page on Twitter where the original player dropped a game for his followers and majority won millions from it. i.e 100 million, 50 million+, 5 million+ etc.. with just little stakes.

I felt pitiful for the company imagining the number of days it'll take them to recover all the winnings without another set of individual somewhere else winning in millions again

So how are sport bet companies able to make profit?


They will always be the winner. Once you start winning as a punter, greediness sets in. You Begin to lose balance, try to recoup your loss, enhancing you to multiply your stake. Before you know it, you would have lost more than you have won. It's the disciplined punters that are successful and they are less than one percent.

1 Like

Re: How Do Sports Bet Companies Make Profit? by Sterlingdgreat: 2:48pm On Sep 26
Drop the telegram link
Re: How Do Sports Bet Companies Make Profit? by Windblown2much: 4:28pm On Sep 26
Sterlingdgreat:



They will always be the winner. Once you start winning as a punter, greediness sets in. You Begin to lose balance, try to recoup your loss, enhancing you to multiply your stake. Before you know it, you would have lost more than you have won. It's the disciplined punters that are successful and they are less than one percent.
Not far from the truth but in a situation where one wins 50-100 million and decide to keep staking 20-100k to win millions again in space of 1year, don't u think such instance will ensure the winner win more b4 he lost the whole 50 million? There's no hw the person wouldn't win and recoup all loses and profit even more... don't forget cashout options isn't also helping betting company if u check more critically, it's the bettors that enjoys the benefit more. Those Twitter punters are very stubborn and resilient o
Re: How Do Sports Bet Companies Make Profit? by Windblown2much: 4:32pm On Sep 26
Sterlingdgreat:
Drop the telegram link
Search Moore on Twitter
Re: How Do Sports Bet Companies Make Profit? by LIVINGICONREBOR: 4:49pm On Sep 26
If Guobe tell you how much him don loose to the bookies from wen he start to dey bet to this very moment. E reach to set up 3 massive hotels for Ugbowo.πŸ₯±

5 Likes

Re: How Do Sports Bet Companies Make Profit? by guobe: 6:08pm On Sep 26
LIVINGICONREBOR:
If Guobe tell you how much him don loose to the bookies from wen he start to dey bet to this very moment. E reach to set up 3 massive hotels for Ugbowo.πŸ₯±
Lol
What about you too

2 Likes

Re: How Do Sports Bet Companies Make Profit? by BigYash: 8:25pm On Sep 26
LIVINGICONREBOR:
If Guobe tell you how much him don loose to the bookies from wen he start to dey bet to this very moment. E reach to set up 3 massive hotels for Ugbowo.πŸ₯±
grin grin You know weda him get hotel already there.. If only you know how many properties sporty don give am for Sapele road..

1 Like

Re: How Do Sports Bet Companies Make Profit? by LIVINGICONREBOR: 9:51pm On Sep 26
guobe:
Lol
What about you too

My own nah "small" Bentley.πŸ₯±

1 Like

Re: How Do Sports Bet Companies Make Profit? by LIVINGICONREBOR: 9:52pm On Sep 26
BigYash:
grin grin You know weda him get hotel already there.. If only you know how many properties sporty don give am for Sapele road..

Wetin u dey talk sef. I go soon give u upper cut.
Re: How Do Sports Bet Companies Make Profit? by BigYash: 10:01pm On Sep 26
LIVINGICONREBOR:


Wetin u dey talk sef. I go soon give u upper cut.
Them neva kpolo you abi,your mind go dey..
Re: How Do Sports Bet Companies Make Profit? by guobe: 5:06am On Sep 27
BigYash:
grin grin You know weda him get hotel already there.. If only you know how many properties sporty don give am for Sapele road..
Lol we must continue to bang the bookies wether dem like it or not.

1 Like

Re: How Do Sports Bet Companies Make Profit? by guobe: 5:07am On Sep 27
LIVINGICONREBOR:


My own nah "small" Bentley.πŸ₯±
Don't worry you go hammer dem one day.
Re: How Do Sports Bet Companies Make Profit? by BigYash: 5:17am On Sep 27
guobe:

Lol we must continue to bang the bookies wether dem like it or not.
Yes o

1 Like

Re: How Do Sports Bet Companies Make Profit? by lolu2019: 7:09am On Sep 27
LIVINGICONREBOR:
If Guobe tell you how much him don loose to the bookies from wen he start to dey bet to this very moment. E reach to set up 3 massive hotels for Ugbowo.πŸ₯±
I have been to that place before.Ugbowo in Benin city.I came for a seminar at Uniben then.1993.good memories.

2 Likes

Re: How Do Sports Bet Companies Make Profit? by LIVINGICONREBOR: 11:03am On Sep 27
lolu2019:
I have been to that place before.Ugbowo in Benin city.I came for a seminar at Uniben then.1993.good memories.

Nice one. I moved out of dat environ 2 years later.
Re: How Do Sports Bet Companies Make Profit? by LIVINGICONREBOR: 11:04am On Sep 27
guobe:

Don't worry you go hammer dem one day.

Yes o. We go again.πŸ₯±

1 Like

Re: How Do Sports Bet Companies Make Profit? by Fattprince23: 11:41am On Sep 27
guobe:

Don't worry you go hammer dem one day.
One game cut done finish my enemy.
First na Ajax youth team spoil 10k
2nd Atalanta cut 7500
Then yesterday which pained me most is Frankfurt after Braga recovered from giving me heart attack. Spoilt 10000 and I just need this 10k exactly to pay debt which is 10000 na why I no go past the 10k o

1 Like

Re: How Do Sports Bet Companies Make Profit? by Fattprince23: 11:43am On Sep 27
lolu2019:
I have been to that place before.Ugbowo in Benin city.I came for a seminar at Uniben then.1993.good memories.
Are you serious. Omo you are old enough to be my father o.
Re: How Do Sports Bet Companies Make Profit? by guobe: 12:08pm On Sep 27
Fattprince23:

One game cut done finish my enemy.
First na Ajax youth team spoil 10k
2nd Atalanta cut 7500
Then yesterday which pained me most is Frankfurt after Braga recovered from giving me heart attack. Spoilt 10000 and I just need this 10k exactly to pay debt which is 10000 na why I no go past the 10k o
Oops so sorry. No sure games this period.
Re: How Do Sports Bet Companies Make Profit? by guobe: 12:09pm On Sep 27
LIVINGICONREBOR:


Yes o. We go again.πŸ₯±
Sure
Re: How Do Sports Bet Companies Make Profit? by lolu2019: 1:51pm On Sep 27
Fattprince23:

Are you serious. Omo you are old enough to be my father o.
I was just 10years old when I visited.
Re: How Do Sports Bet Companies Make Profit? by Fattprince23: 2:44pm On Sep 27
lolu2019:
I was just 10years old when I visited.
Oh, I thought about that too but I felt it could be for NYSC. But even at that, I would not dare to call you by name, bro or uncle. I know why saying this oh.

1 Like

Re: How Do Sports Bet Companies Make Profit? by lolu2019: 3:08pm On Sep 27
Fattprince23:

Oh, I thought about that too but I felt it could be for NYSC. But even at that, I would not dare to call you by name, bro or uncle. I know why saying this oh.
it was a religious seminar.
Re: How Do Sports Bet Companies Make Profit? by Chimeze01: 9:01pm On Sep 27
Windblown2much:
I'm just curious to know cause I still don't think these sport betting company make huge profits especially not in this age of social media advancement and mass awareness.

Recently I saw a page on Twitter where the original player dropped a game for his followers and majority won millions from it. i.e 100 million, 50 million+, 5 million+ etc.. with just little stakes.

I felt pitiful for the company imagining the number of days it'll take them to recover all the winnings without another set of individual somewhere else winning in millions again

So how are sport bet companies able to make profit?
u no well by asking this irrelevant question...u even say u felt pity for them... this ur question and talk shows that u are still a baby....sports betting company makes millions everyday especially on weekends...u dey pity them for winning of millions where dey happen once in a while...u no no say those big team where the loose match sometimes like that day Liverpool loose at home to notigham forest...u supposed to use ur common sense know say they make millions well well that day.because almost everybody give Liverpool win...u also forget say some people dey stake millions for games and loose it too...u still be pickin sha..if not u will not be asking this mumu question... anybody where even win million u know how much he don loose before he win am ? Maybe before he go even win am again they go collect pass millions from him...try dey use ur head abeg... even every body for this Nigeria win 50 millions each I no go even pity them because na my prayer be dat self...to wreck them...u dey hear dey say u dey pity them pity my foot.

1 Like

Re: How Do Sports Bet Companies Make Profit? by Windblown2much: 2:24am On Sep 28
Chimeze01:
u no well by asking this irrelevant question...u even say u felt pity for them... this ur question and talk shows that u are still a baby....sports betting company makes millions everyday especially on weekends...u dey pity them for winning of millions where dey happen once in a while...u no no say those big team where the loose match sometimes like that day Liverpool loose at home to notigham forest...u supposed to use ur common sense know say they make millions well well that day.because almost everybody give Liverpool win...u also forget say some people dey stake millions for games and loose it too...u still be pickin sha..if not u will not be asking this mumu question... anybody where even win million u know how much he don loose before he win am ? Maybe before he go even win am again they go collect pass millions from him...try dey use ur head abeg... even every body for this Nigeria win 50 millions each I no go even pity them because na my prayer be dat self...to wreck them...u dey hear dey say u dey pity them pity my foot.

πŸ€£πŸ˜‚πŸ€£πŸ˜‚πŸ€£ buh u can make ur points known without raining insults πŸ˜‚πŸ˜‚ your comment really made me laugh while reading it🀣🀣🀣🀣🀣
Re: How Do Sports Bet Companies Make Profit? by Windblown2much: 2:26am On Sep 28
guobe:
Lol
What about you too
I doubt he's a more committed gambler than uπŸ€£πŸ˜‚πŸ€£

1 Like

Re: How Do Sports Bet Companies Make Profit? by guobe: 6:44am On Sep 28
Windblown2much:
I doubt he's a more committed gambler than uπŸ€£πŸ˜‚πŸ€£
Life is a gamble lol
Re: How Do Sports Bet Companies Make Profit? by Windblown2much: 9:43am On Sep 28
guobe:

Life is a gamble lol
honestly bro. Like they say, not taking a risk, is also a risk!

1 Like

Re: How Do Sports Bet Companies Make Profit? by guobe: 10:08am On Sep 28
Windblown2much:
honestly bro. Like they say, not taking a risk, is also a risk!
Yes but it must always be calculated risks so we don't go bankrupt.
Re: How Do Sports Bet Companies Make Profit? by brown3: 3:54pm On Sep 28
guobe:

Yes but it must always be calculated risks so we don't go bankrupt.
bro please can you put me through on how to register and fund bet365.
Re: How Do Sports Bet Companies Make Profit? by Windblown2much: 4:52pm On Sep 28
guobe:

Yes but it must always be calculated risks so we don't go bankrupt.
no be lie

1 Like

(1) (2) (Reply)

From Nigeria To Hockey Pro / And Kaka Wins European Best Player Of 2007 / Drogba Or Anelka!

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 39
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.