Knowing all the options that exist around the possibilities to earn money with sports betting is one of the great curiosities that everyone, to a greater or lesser extent, has had at some point both as a player and as a professional entrepreneur. In recent years, the sports betting business has grown exponentially, driven by digitalisation and the growing acceptance of online gambling in many countries. In this scenario, companies specialising in sports data analysis have emerged, whose profitability has reached extraordinary levels thanks to a business model based on reduced operating costs and a high profit margin.
At Affiliabet, as you know, we are your number 1 sports betting affiliate manager. We have the best brands on the market so that you can get the maximum return on your operations. But, in order to do so, you need to take into account a lot of aspects that can determine the final result. Here are the options that exist for you to make money with your sports betting by creating a sports analysis company or as a player.
Making money by setting up a sports analysis company
In Spain, gambling regulation has allowed bookmakers to operate within a sound legal framework, albeit with increasingly strict advertising restrictions. The Dirección General de Ordenación del Juego (DGOJ) oversees the sector and establishes regulations aimed at protecting consumers and preventing gambling addiction. Despite these regulations, the market continues to expand, with local and international operators competing for customers.
In Latin America, on the other hand, the picture is diverse, with countries such as Argentina, Mexico, Colombia and Brazil leading the sector in terms of legalisation and adoption. Brazil, for example, is in the process of fully regulating the sports betting market, which will attract millions of dollars in investment and consolidate its position as one of the largest markets in the region. In countries such as Colombia, regulation has allowed the sector to grow in a controlled manner, generating significant tax revenues.
The betting boom and sports analysts
Sports betting has grown from mere entertainment to a multi-billion dollar industry. In 2021 alone, the global sports betting market was estimated to exceed $200 billion, with a steady growth of 10% per year, according to data from analytics firm Statista.
This growth has been accompanied by the rise of companies specialising in odds analysis and statistics, which advise both betting operators and professional punters. These companies use artificial intelligence, big data and advanced algorithms to identify patterns and trends in sporting events, providing increasingly accurate forecasts.
Companies with high EBITA and low costs
A key aspect of the success of these companies is their optimised cost structure. Unlike traditional betting operators, which must contend with high customer acquisition and regulatory costs, betting analytics firms operate with minimal infrastructure expenditure and high scalability. In the early years, these firms had little competition, but over the years there have been more and more companies engaged in sports analysis and their margins are expected to shrink as advertising spend increases.
This business model is based on subscriptions to analytics platforms, the sale of statistical data and personalised advice to high-value clients, without the need to incur the financial risks faced by traditional bookmakers.
Regulation and future challenges
Despite the booming industry, the increasing regulation of sports betting in different countries could affect sports betting companies. Governments in Europe and America have tightened regulations to protect players and prevent money laundering, which could indirectly impact betting analytics firms.
However, experts agree that the demand for data and analytics will continue to grow. With the advancement of technology and the interest in eSports, analytics companies are expected to continue to expand and diversify their services in the coming years.
All in all, the sports betting analytics business has become a high-performing sector, with enviable profit margins and a promising future, provided they manage to adapt to the regulatory challenges ahead. If you own one of these companies you can use Affiliabet as your number 1 sports betting affiliate manager and increase your revenue.
Earning money as a player
Which markets do you know the most about? When it comes to sports betting, there are many sports you can start betting on. But do you have expert-level knowledge in all of them? It is recommended that you only bet on those markets in which you have sufficient mastery to be able to control all the elements that can intervene in your final result.
To do this, it is important that you are aware of the possible losses for the different matches. As well as the future clashes or the trajectory with which each team arrives. In the case of football, feelings are very important. The same as in other sports such as basketball or tennis. For this reason, we must start progressively in the field of sports betting. Starting slowly will allow us to have enough time to be able to advance cautiously and to acquire the knowledge that is necessary to be able to meet all the needs that we have.
Especially when we are starting out, value bets are more important than the amount of bets we place.
In sports, the favorites don't always win
In sport, there is a false belief that it is the favorite team that will always get the best result. Time has shown us that it doesn’t always have to be this way. If we stick to the current moment we can find a good example of it. The pandemic has caused us to find ourselves in a scenario in which sick leave is very common in most encounters. Even in those teams that have a demonstrated superiority over the rest of the teams, we must bear in mind that the absence of certain key players may end up interfering in the final result.
In individual sports, this also happens with great frequency. As is the case with tennis, for example. We have witnessed a large number of defeats by the best tennis players in the world in recent months that nobody had foreseen but that, given the enormous calendar they have to play season after season, have become a regular occurrence. We must take care of all the elements that have a direct impact in these types of scenarios. Taking each encounter with caution and studying it carefully, regardless of the name that intervenes in the final result, is essential.
Less popular sports are more profitable
We are used to betting on those sports that have a greater mass of users. However, this is one of the main mistakes we make when it comes to being able to get the maximum return on all our income.
Niche sports are always the best option when it comes to ensuring their profitability. If we specialize in the smaller markets we will not only find a lower profitability. But, in addition, we will be able to guarantee a greater volume of benefits in our final operations.
Compare the existing odds in all bookmakers
What are the existing odds for the same match that concentrate the main betting odds? It is important that we bear in mind that not all casinos and specialized centers will offer us the same odds. Therefore, if we pay attention to knowing all the elements that can cause a certain variability in the quotas, it is essential.
Choosing the best rate is key in affiliate marketing. Since it is the determining element when it comes to ensuring our profitability.
Bet with your head
In sports betting we must act with the head before the heart when we wish to carry out the particular bet. It is common for there to be a certain tendency to get carried away by our emotions when we want to carry out the different bets. However, the only thing that this action can cause is a significant loss of money.
Betting with your head is essential when we are looking for the different tricks that exist to make money within sports betting. Having established itself as one of the best investments for which we are going to be able to opt.
Understand how the markets work before betting
Before starting to bet on the different sports in which we may be interested, it is important that we dedicate the necessary time to be able to know it before betting correctly. To do this, we must spend a great deal of time fully understanding the different gaming philosophies that surround each of them. In addition, it is also important that values that it is possible that the functioning of the markets may vary considerably according to the operator for which we choose.
We must dedicate the necessary learning time to each of the different brands that exist in the market.
Rate simple bets
Simple bets do not always have the odds that we would like in terms of profitability. However, in general, it is necessary that we start with them before taking another step. In the field of sports betting, we find a scenario large enough to be able to cover a large number of areas without having to worry about combined bets that imply a loss of the possible efficiency before which we can find ourselves.
Simple bets are one of the best options we can choose. Do not hesitate, focus on this type of bets and, progressively, take the step towards other options that exist in the market. It is important that you master them carefully before you can discover the rest of the options that exist in the market. On the contrary, we can lose an extra profitability without any reason to do so. With the problems that this can cause us.
Combination bets, with caution
Combination bets can be a significant temptation for a large number of players. In this type of bets, we only win if we hit all the existing odds. However, we must bear in mind that the complexity is especially greater than in the case of simple bets. Being usual that for each combined bet in which we are winners we lose a significant amount of money.
We must take combined bets with caution and always from the point of view that they are an exception. We should never value them as a common resource to go to to ensure our income.
You're sure? Then bet now
If you are sure of the bet, then you should not miss the opportunity to access a much more profitable quota than we could find when the match is about to start. If we are convinced of our bet and we have studied each of the elements that we have mentioned in this article, it is important that we carry out the transaction as soon as possible.
Last minute bets are generally much less profitable. Being necessary to have to cover all the options that we have in terms of profitability.
As we have seen, there are many tricks that currently exist that we can pursue in order to increase our profits in sports betting. Progressively, and as a result of the growing interest in this market, more and more players are discovering new options that allow them to maximize their profits.
At Affiliabet, as you know, we are the number 1 sports betting manager on the market. Thanks to the wide variety of brands we work with, our clients always have the opportunity to make the most of the return on each of the movements carried out. Check our website and discover all the casinos we work with. All of them have been carefully selected in order to be able to offer all our clients the maximum conditions in terms of transparency and usability. A set of ingredients with which to express your user experience. What are you waiting to contact us? We will wait for you!
