Knowledge.
First of all, I'm in this to make money, not enjoy myself. I still enjoy betting, but if I wanted just pleasure I'd be betting more of my own picks.
I make my own picks on AFL/NRL/Super 12s using a system I created. This system is based of statistics, not historical trends (sportznut :wink

Has performed pretty well (10%+) and gives around 300-350 bets. I really did this to see if I could beat sports myself, off my own numbers etc.
Most of my bets come from this site and handicappers (guys who analyse and create picks) I know. E.g, I get tennis, baseball and soon probally NBA from this site (2000 bets right there). I also bet on US college sports (bball and football), NFL, NHL and golf from guys I know.
There are around 4000-5000 bets per year there, all with an edge of at least 4%. Most of these are around 10%.
I figure why create my own picks when I can just use someone elses. The amount of time it takes to create my own picks is just better used finding other guys to follow. I do alot of research when I find someone I'm interested in following.
It's important to take your time when trying to find cappers to follow. I'm not talking 'touts' (who are garbage, they're either frauds or in denial), I'm talking handicappers. Guys who use skills and information to come up with bets that actually have an edge. It takes time (as this site would know) to find someone who is genuinely profitable.
I try to find a handicappers in major sports (sports with high betting limits and a large volume of games...). I look for guys who have at least a longterm 5% edge over a statistically significant sample.
I also hit sportsbook promo's. Things like deposit bonuses, low vig (where the house edge is less than the standard 4.5%) free half points etc etc. You can make a TON of money of promo's.
If you want a good place to start, you can't go wrong with this site. There really aren't many genuine and profitable sites out there, but you are at one so take advantage of it.
thefan
21, and yeh 50k ain't bad at all. I'd be looking to turn that into at least 200k within a year :wink: