• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Boy Sets Fire

Lifestyle Blog

  • Home
  • About
  • Blog
  • Humor
  • Lifestyle
  • Money
  • Marketing
  • Business
  • Travel
  • Contact

Can Sports Fans Make an Income from Their Sofa

September 26, 2020 / by Andrew / Leave a Comment

The short answer is yes, but you should probably get off your ass and at least create a dedicated work from home space if you want to make any real money.

Watching Soccer with Friends

Today we are going to look at a few alternative ways to make money from the comfort of home. But, again a small disclaimer, you’ll get what you put in and if your goal is to stay planted on your sofa, the likely hood that laziness will override comfortable earnings is quite high.

On that note, it’s been proven that when working from home, setting a regular schedule and performing your job tasks in a dedicated work area – a desk or area that you set up for work – people are much more productive. It helps to separate personal time from work time. It’s the No.1-way people stay productive working from home and 43% of remote workers report that they set up a dedicated workspace.

NFL hoping for full stadium at Super Bowl, but prepared for no fanshttps://t.co/h9hErUydZc
#Home #RumorMill #Sports #TampaBayBuccaneers

— Flying Eze (@flyingeze) September 22, 2020

Ok. Now that we have that straightened out, let’s look at an exciting way to make money from home —hopefully not from your couch.

Sports Investor

You might be one of the millions of people in North America who follow sports regularly. In fact, you might be one of those who play in fantasy leagues and takes your sports knowledge seriously. If you are one of these, then you may be able to make a decent amount of money from home by betting on sporting events. The first thing to note is using trustworthy betting sites will help ensure you get your winnings quickly and with minimal fees.

But where do you start? Ok, here is the crash course:

First, you’ll need to start with figuring out your bankroll. Meaning how much do you currently have set aside to begin your sports investing venture? Next, you’ll need to decide on a unit amount to bet on each game. This will depend on how much of a bankroll you have. Typically, you only want to risk between one and three percent of your total bankroll on any given bet. Personally, I stick to one-unit size to keep things clean and easy to track. Next, you’ll need to makes some rules for yourself that you absolutely must follow. Sure, you can adjust your rules based on data sets but it’s important that you stick to the plan and only adjust when you have sufficient information to do so —like every couple of weeks. The parameters I usually set are my min-max unit size, the number of games or events that I’ll bet per week, and the leagues (sport) and types of bets I’ll make.

Next, you need to set up power rating systems for each of the sports you are going to be wagering on. This will help you figure out the potential point spread weaknesses. After this, you need to realize and keep in mind that it is not the rest of the public who you are playing against. Also, you are not betting against the other team. Your enemy is the sportsbook and the betting line they set which you took action against. That is your enemy and nothing else. So, pay attention to the sportsbooks and the habits of the players there which may move the lines in or out of your favor.

It’s all about the timing. An opening line might be perfectly set, but based on public perception, or a whole lot of sharp money coming in on one side or the other, may move the lines into a position where you have an advantage over the line. Which brings us to the last thing you need to know to get up and running with a sports investing venture. Do not bet games where you don’t see a clear edge over the line you take.

OK. Now get up off your couch and over to a desk of some sort and start putting all of this sports knowledge and stats that you have stored up in that dome of yours to good use!

To read more on topics like this, check out the money category

Filed Under: Money

Previous Post: « Everything You Need to Know About Immigration Bonds
Next Post: Here Comes the Sun: 5 of the Coolest Advancements in Solar Technology »

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

About Us

Hey guys it’s Andrew! I am a writer, a blogger, and a curious human being full of ideas. I remember as a teenager going to my local store to grab a freshly published magazine about the ins and outs of the online business world. Read More…

Facebook

Boy Sets Fire

Lets Connect

  • Facebook
  • Google+
  • Instagram
  • Twitter

Newsletter

Can a College Counselor Help You With Community College?

Community colleges are perfect for students looking to save money on their education or for students who want to take a more gradual approach to their education. You could also look into the many highly paid and fascinating fields that you can find employment in with just an associate’s degree. With so many schools to […]

Snowboarding for the First-Time? 5 Essentials You Need

Did you know that snowboarding is one of the best activities and exercises for cardiovascular health? Not only does snowboarding help your heart but it also builds muscle and is a great way to have fun in the winter. If you are thinking about snowboarding this year, there are a couple of things that you […]

At Your Service: How to Become a Hotel Manager

For those who love engaging with others and communicating in a professional setting, there’s a large number of career paths that you can focus on. One of the most notable is hotel management. Before you get started with your hotel manager career, however, you need to understand your course of action. Not quite sure how […]

5 Safety Supplies That Most Homes Are Missing but Need

It’s difficult to protect yourself against every potential threat. Whether that means you’re equipped to address a cut or keep an intruder out, most of us aren’t fully prepared to stay safe. The key is having the right safety supplies in place before those events occur. We’re going to look at some of the most […]

Best Jimmy Choo Perfume for Every Occasion

The business of smelling good is worth over $30 billion worldwide. For millions of men and women, a pleasant and delicate fragrance is an absolute must-have. That’s good news for companies like Jimmy Choo, which produce no end of scents and fragrances. But what’s the best Jimmy Choo perfume? No matter who you are, there’s […]

Footer

Lets Connect

  • Facebook
  • Google+
  • Instagram
  • Twitter

Recent Posts

  • Can a College Counselor Help You With Community College?
  • Snowboarding for the First-Time? 5 Essentials You Need
  • At Your Service: How to Become a Hotel Manager
  • 5 Safety Supplies That Most Homes Are Missing but Need
  • Best Jimmy Choo Perfume for Every Occasion

About Us

Hey guys it’s Andrew! I am a writer, a blogger, and a curious human being full of ideas. I remember as a teenager going to my local store to grab a freshly published magazine about the ins and outs of the online business world. Read More…

Facebook

Boy Sets Fire

Copyright© 2022 · boy sets fire