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How Profitable is it to be a bookie?

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(@ladyjane)
Member Admin Registered
Joined: 8 months ago
Posts: 19
Topic starter  

I always get asked this question. Honestly, your profits as a bookie will really depend on your operation- is it small or large? What software do you use? Do you hire people to work for you?

I do believe that being a bookie is great not just because of what I earn, but because of other things as well. If you read this, you will understand what I mean: https://sportsbettingsolutionasia.com/tutorials/top-reasons-to-become-a-bookie/ .

I won't explain how much I earn here, but I can say that its enough to keep me comfortable and allow me to add to my savings. Also, the income varies throughout the year, so if you have a smaller operation your profits may not be as high as you expect. In the US this usually happens when football and basketball are in the offseason.

Can some of you guys share your insights on your profits as a bookie? You do not need to specify amounts unless you want to!

Avid reader, a reluctant extrovert, and ready to give sportsbook recommendations as much as I am ready to give out advice on the best tv shows and movies to watch.


   
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Andy Greer
(@thepunter)
Member Admin Registered
Joined: 8 months ago
Posts: 20
 

Being a bookie can be highly profitable, but it's not a guaranteed path to riches. Only about 3% of sports bettors are profitable long-term, which favors bookies.

Even small-time bookies can profit; a single player betting $50 per game can lose $2,600 yearly. Successful bookies treat it as a business, requiring diligent research, disciplined money management, and patience. While potentially lucrative, it demands expertise in setting lines, understanding probabilities, and managing risk to ensure consistent profits.

Feel free to connect with me to discuss strategies, share gambling reviews, or seek advice—let's win together!


   
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K Cart
(@kcart)
Eminent Member
Joined: 5 months ago
Posts: 24
 

Andy is correct there. I'd also like to add that your potential to earn depends on how much you risk too. If you set your limits high, you can potentially earn more, but its more high-risk. But this is something only you can decide, and it will depend on your line management skills too.

Guiding people who want to get into the bookie industry. From tutorials to recommendations from this Bookie Pay Per Head comparison, I'm here to help!


   
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Brian M
(@mr-b)
Eminent Member
Joined: 5 months ago
Posts: 22
 

Profit also depends on how much time you are dedicating to your sportsbook. Is this a part time thing, where you run bets for a small group for the NFL only? Are you doing this full time, offering many leagues?

Always on the lookout for extra income so I can retire early. Got lucky with betting. Had I known, I should have learned how to become a college bookie. Maybe I would have been semi-retired now. Soon, though. Soon.


   
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