Hi Everyone,
I hope you are all well and making some money!
I have a question about making £500 profit per month. Due to my work I have quite a lot of time to dedicate to something like sports arbitrage (for me I was looking at prematch sure betting) but my bankroll maybe lacking a little.
I would like to be aiming for around £500 per month. I think a minimum would be £400 because that would allow me to pay some expenses but then reinvest a good portion back into sports arbitrage and build up my bankroll.
I have round £1000 to start with. Is this doable? If you think so then what advice would you give going forward on how to reach profits like £400-£500? Or so this impossible?
Thanks
Bankroll Vs Profits
- L
- Gaining experience
- Karma: 8
Post
Re: Bankroll Vs Profits
I don't think you can make 40-50% ROI per month with pre-match sure betting. Something like 10-20% is more realistic. But another big problem with pre-match sure betting is that your accounts most likely will last for a very short time. Also you have to take into account subscription price for some alert service. Then take into account possibility of making mistakes. So I guess making around 100$ net profit is realistic with such bankroll but again it may not last event one month.