alt Hacker NewsThe house always wins.
I don't know of any long term profitable sports gamblers - but that makes sense because why reveal yourself and your methods if you're profitable?
By long term I mean at least 1,000 bets while still being profitable. Even more impressive if they are making a living off of it.
The only person I can think of is Picks Office on Twitter.
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Sports betting is the one place that "prediction markets" make the most sense. Instead of there being a house to win against, the market just skims a fee. The line is set organically by betters, not be the house targeting a profit margin, and the house has no incentive to restrict successful betters because they solely profit on flow, not losses.
Tony Bloom, the billionaire owner of Brighton & Hove Albion FC seems to be managing it.
https://www.theguardian.com/football/2025/dec/05/brighton-ow...
I used to work for a sports betting company. These people definitely exist. They are few though because they are the ones who understand that the sport/game/match/whatever is irrelevant. They bet the "odd line". They bet on the platform that screwed up and didn't adjust their line quickly enough to follow the market. They don't know baseball, or football, or tennis. They just know the numbers.
What about Frank Rosenthal? Admittedly these guys are extremely rare, that's why the handful of successful ones are famous.
We all have the occasional friend that brags about every time he wins money at the casino. If you accompany them a few times, it’s incredible how the “always winning” story just changes.
If you profit at sports betting they limit your bet size severely