If you already like watching running events, you have probably thought about placing some wagers on your favorite racers to earn some extra money. But how much can you earn? Well, there is no definitive answer as your winnings depend directly on the amount of money you invest, how often you bet, what strategies you use, and if you hunt for the best odds and special promo deals.
Running is definitely not the most popular sport to bet on, and not all bookmakers allow you to place bets on running events. However, this niche is extremely lucrative as it has some big contests like New Your marathon that has over 60,000 participants, or World Athletics Championships that attract millions of fans every time it is held. Even though big contests do not happen daily, you could combine running competitions with other niches and boost your revenue while gaining more experience.
How Much Will I Be Able to Earn?
Your earnings also depend on the initial investment. Since running has low entry requirements, and you are able to
place wagers as small as $5, you cannot expect to win millions from such a tiny investment. On average, amateur players earn anywhere around $500-$1500 per month provided that they always stay up-to-date with the latest events and gamble regularly. If you want to make significant sums and maybe even replace running wagering profit with your daily job salary, you should dedicate as much time as you spend in the office and treat it not as a hobby but as your job.
Running like any other type of sport provides high odds, especially if you opt for complex bets like trying to predict who will break the world record. To ensure you take advantage of the best odds, sign up to a few services and compare their coefficients and special offers (do they offer any free bets you can use to boost your revenue?). While becoming a millionaire after placing just $100 is nearly impossible, you will improve your knowledge every day and optimize your performance to reach new heights. We recommend you practice every day, dedicate all your free time researching new strategies, and come up with better wagers.
Running betting is not luck but a set of skills you develop as you improve. If you place random wagers, you will not be able to remain a winner in the long term and create a stable income source for yourself and for your family. The only true way to reach high profits with running betting is to stay up-to-date and spread the risks by never placing over 2% of your entire bankroll on a single event no matter how good it looks. When you are excited by the event, it may be hard to control your emotions and not to place all your hard-earned winnings on a single racer.
Let’s Get Started and Win Big With Running Events!
As you see, running event wagering gives you a lot of opportunities to win big. Of course, the amount of your winning depends on many factors, including how often you play, what strategies you use, and what your initial deposit is. We encourage you to stay up-to-date with the latest running news, read forums and keep track of your success to optimize your win rate. Remember to use generous promos from bookmakers (check if the platform allows making predictions on sprinting events) to skyrocket your winnings without investing additional sums. The more you practice, the quicker you will become a pro making thousands of dollars monthly by doing something you like.