Sports handicapping is a profession that involves analyzing sports games and providing recommendations to sports bettors. Many people are interested in this profession, but one question that comes up frequently is how much money sports handicappers really make selling picks. In this article, we will take a closer look at sports handicapping business and attempt to answer this question.
First of all, it’s important to note that sports handicapping can be a very lucrative business. The amount of money a sports handicapper can make depends on several factors, including their experience, skills, and the types of sports they specialize in.
One of the most important factors that determine how much a sports handicapper can earn is their betting record. The more successful a handicapper is in predicting the outcomes of games, the more clients they are likely to attract, and the more money they can charge for their services. Many successful sports handicappers earn six or even seven-figure incomes.
However, it’s important to note that becoming a successful sports handicapper takes time and effort. It’s not something that can be done overnight, and it requires a lot of hard work and dedication. Successful handicappers spend a lot of time analyzing data, watching games, and keeping up with the latest news and trends in the world of sports.
Another factor that can influence how much a sports handicapper can make is the types of sports they specialize in. Some sports are more popular among bettors than others, and the demand for handicapping services can vary depending on the sport. For example, football and basketball are two of the most popular sports among bettors, so handicappers who specialize in these sports may be able to charge more for their services.
In addition to their track record and the sports they specialize in, the fees that sports handicappers charge can also vary widely. Some handicappers charge a flat fee for their services, while others charge a percentage of their clients’ winnings. The fees charged by sports handicappers can range from a few hundred dollars per season to thousands of dollars per month.
In conclusion, sports handicapping can be a very lucrative profession, with some successful handicappers earning six or even seven-figure incomes. However, becoming a successful sports handicapper takes time, effort, and dedication. The amount of money a sports handicapper can make depends on several factors, including their track record, the sports they specialize in, and the fees they charge for their services. If you’re interested in becoming a sports handicapper, it’s important to do your research and develop the skills and knowledge needed to succeed in this competitive industry.