Who Has Become a Millionaire With Sports Betting?

We all know that sports betting is fun. That’s true. However, fewer people perceive this activity as something that can make money and become a stable source of income. We have a couple of prominent examples showing that effective strategic sports betting can even make you a millionaire. So keep reading and be inspired by the real examples of the people you may know. 

Parlay Patz

Ben Patz, also known as Parlay Patz for his effective parlay betting, was born in 1996 and began sports betting just as soon as he reached the legal age. Patz, an American University of Paris graduate, realized early in his professional journey that teams were more concerned with winning the game than scoring points. So betting online on the money line was simple. He devised a moneyline parlay strategy that allowed him to win over $1.1 million in just three weeks. His longest and most successful bet was a $7,000 13-game parlay, which earned him $333,000 in payout. 

Billy Walters

Billy Walters is one of the most prominent sports bettors in the world. He is also known for winning more money than anyone else in the industry. His father’s gambling history influenced the legendary person. Attending his poker games and seeing him lose on occasion helped Billy develop resilience and not be affected by losses.

He began betting when he was nine years old using money from his newspaper route and has since amassed a net worth of $200 million. Billy Walters, a Las Vegas sportsbook and casino strip specialist, was a pioneer in the “head fake” movement. He bet on the early line opposite his beloved position to shift the point spread and make it more advantageous. Then he took a chance on his valid option at a much better value price. According to rumors, Walters has always had people place casino bets for him, allowing him to concentrate on the emotionless analysis of the numbers. 

Tony Bloom

Tony Bloom is a British pro sports bettor called “The Lizzard” due to his cold-blooded betting style; Tony has competed in the world’s most prestigious poker tournaments as an industry veteran. The Lizzard is believed to have won up to $1 million betting live on one football game. Bloom is now the owner of the Brighton & Hove Albion soccer club in England and an outstanding figure at StarLizard, the consultancy firm and betting syndicate in the UK.

Steve Fezzik

Steve Fezzik finished Northwestern University, where he studied actuarial sciences. After college, he worked as an insurance statistician. He began sports betting in the 1990s, playing college football books in Las Vegas before deciding to relocate in 2001 to focus full-time on the activity that would earn him millions of dollars. Fezzik is “the best NFL sports betting player in the world” and the only person to have won the Las Vegas Hilton Super Contest twice. 

So Money/Sonny Banks

Sonny Banks is a Canadian sports people known as So Money. He is well-known primarily because of his Twitter account, which has over 24,000 followers interested in his opinions and picks.

Bill Benter

Bill Benter was one of the first bettors to use and perfect “deep state” handicapping, a penetrating analysis that helped him win millions in Hong Kong horse racing. The system is based on the assumption that several variables influence a race’s outcome. Benter and his team developed an algorithm that uses twenty Horse Racing variables to determine each horse’s true odds. The term “true odds” means that the market price is close to or equal to the winning price.

Benter’s method began with twenty variables and has since expanded to approximately 130. Because of its accuracy, the system is said to generate a 24% profit on turnover, according to industry sources, resulting in Bill earning approximately $100 million per year, which he invests in the Benter Foundation, which supports healthcare, education, and arts. Bill Benter’s expertise is so valued. 

Zeljko Ranogajec

Zeljko Ranogajec was born in Australia and is best known for his activities with horse betting. People claim that Zeljko bets on every thoroughbred horse race in Australia. The multibillionaire uses computer technology to queue bets in the TAB system just seconds before the race begins. This way, he ensures that other punters do not follow him and bookies do not profit from the tumbling odds he creates. His fortune drew the attention of the Australian Tax Office, which subsequently taxed his betting income. 

Are You Inspired?

As you can see, sports betting is a fun this to do. It can promise mind-blowing wins if approached wisely. This is something that you can see in the above examples.