What exactly is football betting brokerage? How can you earn the most money from it? Let’s explore this unique way of making football prediction for tomorrow games wealth through football betting brokerage with the help of the online bookmaker New88 in the article below.
What is Football Betting Brokerage?
Football betting brokerage, or simply “football brokerage,” refers to earning commission by providing betting tips or placing bets on behalf of others in the football betting world. Brokers arrange the bets for players and receive a commission from those bets.
With the rapid growth of the online betting industry, especially football betting, this activity is no longer just a form of entertainment. It has become a lucrative business for a certain group of people, particularly those involved in football betting brokerage.
How to Get Rich from Football Betting Brokerage
If you dream of becoming wealthy through football betting brokerage, here are some methods to earn money shared which is the most accurate free football prediction site by NEW88 football news:
Becoming a Football Betting Broker
The rise of online football betting has made the role of a betting broker more popular than ever. During major tournaments like the World Cup or the European Championship, football betting brokers can earn hundreds of millions of VND.
Typically, these brokers negotiate bets over the phone and set different payment limits depending on the client. Average clients usually settle bets around 1-2 million VND, mid-level clients between 3-5 million, and VIP clients around 10-20 million.
This profession requires some initial capital to deposit into the bookmaker’s account. After depositing, brokers send betting tips to their clients.
For example: In the World Cup match between Germany and Brazil, the broker deposits 120 million VND plus a 1% promotion bonus, totaling 121,200,000 VND.
The broker advises clients to bet on Brazil with a handicap of 1/4, with both “over” and “under” odds at 0.9. Clients bet 300 million on Brazil and 200 million on Germany. The broker balances the bets on both sides and earns a profit of 20 million VND, plus an additional 1.2 million from the 1% best soccer prediction app promotion bonus and 0.38% cashback on 100 million VND.
In this case, the broker’s profit from this single match is around 21.5 million VND.
For more details, check out: Understanding the 3/4 Handicap in Football Betting in 5 Minutes
Investing in the Football Betting Market
This method is similar to investing in stocks but is relatively challenging. The principle is to buy low and sell high.
For example, if you predict that Vietnam will beat Indonesia by a 3/4 handicap before the SEA Games, and the odds for Vietnam are 1.10 (betting 100,000 VND will return 110,000 VND), then later, if you notice that betting on Indonesia becomes more advantageous, you can place a reverse bet with Indonesia at a 3/4 handicap with the same odds (1.10). This way, you can earn a profit of 10,000 VND, and if you bet 1 million VND, your profit is 100,000 VND.
To succeed with this strategy, you must have excellent football knowledge, keep up with odds changes, team lineups, tactics, and understand player psychology to predict which bet will be favored.
Earning Commission from Bookmakers
This method is becoming more common due to the strong growth of bookmakers. You can fully take advantage of bookmaker promotions to bet with low capital.
Besides receiving bonuses when depositing and betting, players can also refer new members to earn commissions from the bookmaker. For a more stable income, you can register as an agent for the bookmaker to receive high monthly commissions.
However, it is crucial to choose reputable bookmakers with good service quality to ensure you receive real payouts.
Important Notes about Football Betting Brokerage
Although many people participate in football betting, not all are valuable or regular clients.
Brokers should focus on VIP clients who play regularly and place large bets. These clients provide a steady source of income.
Additional Tips
To succeed in football betting brokerage, you need to have knowledge of football betting and possess patience and perseverance.
It’s important to establish clear agreements with clients about commission rates and payment schedules.
Most importantly, no matter how you earn your commission, always choose a reputable bookmaker to ensure transparent commission policies, clear and quick payment methods, diverse betting products, and high odds.
Above is all the information about what football betting brokerage is and how to make money from it. I hope this article provides you with useful insights on the topic. Wishing you success in the football betting brokerage profession! Don’t forget to follow NEW88 for the latest football betting news and tips.