The sports industry is evolving all around the world, and the amount of money it involves is surprising. Most individuals think that making money in sports is about being lucky, skilled, or healthy enough to be a part of a million-dollar team to build a career out of it. Most sports fans around the world do not have the facilities or knowledge to be a part of a million-dollar sports club, or they do not know how to play. So, you might ask, how can a sports fan make money from sports around the world without participating in them. Not everyone has thousands of sports sponsorships from the top brands. However, that does not mean you as a sports fan cannot get involved in the sports you love and make money from it while sitting in the comfort of your home.
You do not have to be a coach or a trainer if that is what you think you have to do. If you are someone who could not make it as a professional athlete, but you want to know of ways that you can use to make money from the sports you love, then you have come to the right place. Today, in this article, we will share with you nine ways you can make money from sports around the world without physically participating in them. These nine ways are listed as follows;
TAKE PART IN BETTING CONTESTS
If you know how to beat the bookmakers, then a good idea would be to participate in online sports betting contests. You can place multiple bets on different sporting events from around the world using different betting companies and end up making profits, even if the outcome is not in your favor. Although the money you can make is small, by placing multiple bets, you will have a higher chance of winning. This technique is called Arbing or Super betting. However, it can be profitable in the long run.
With this method, you do not have to worry about losing too much as the betting site will restrict your betting amount if they see you are losing too much money. If you use the best esports betting site out there, you will have a great online betting experience and eventually end up making a lot of money.
START DOING SPORTS PHOTOGRAPHY
Sports photography is a cutthroat, but big business. You may not be able to afford a thousand dollar DSLR or get the best sport on a playing field, that does not mean you cannot make money while doing sports photography. An excellent way is to take photos of professional athletes when they are off the playing field. You can then sell these photographs to websites and sports magazines.
Of course, you will need a DSLR that takes good pictures, but you can get away by buying a mid-range one. Other things you might need include a monopod, tripod, and a telephoto lens. Also, do not get caught up in the action so you do not forget to take the pictures that will get you the money you want.
START A SPORTS BLOG
A good idea would be to start a sports blog and share your knowledge about sports with the world. Not only will you can reach a large fan base of various sporting events from around the world, but you will also be able to shape the content on your blog according to your opinions and views.
You can offer visitors some free content on your blog for their viewing pleasure, and you can also ask visitors to pay a monthly subscription to gain access to things that are not available to free users. Things like full time match scores and second to second updates can be a part of paid content. With the help of this sports blog, you can monetize it with advertisements, affiliate marketing, and membership options to earn money. Not only will you be able to provide second by second match updates, but you will also be able to comment on individual games, the whole season, and anything related to the sports you cover on your blog.
BECOME AN ONLINE COMMENTATOR
If you think you can try your hand at commentating on your favorite sports, then why not give it a try and make some money while doing it? Many online platforms allow you to provide commentary on various sporting events and pass your knowledge to numerous other sports fans around the world.
Youtube is the perfect platform, and it continues to grow exponentially, as days pass. Video content sees numerous views. If you are not camera-shy, you can try your hand and create a Youtube channel that provides exclusive commentary on various sporting events from around the world. Periscope is another perfect platform as it allows you to reach a larger mobile-based audience. Though it is hard to monetize, you can use it in tandem with other video-viewing platforms. You can also create your website and do host live commentary on it. You can offer exclusive membership options to your viewers and earn money from it. In the end, the possibilities are endless.
CREATE HIGHLIGHT VIDEOS
As online content continues to evolve, highlight videos will always remain a popular option for people to view sports. Every sports athlete out there loves to see highlights of themselves playing on the field. If you have a good DSLR and you know how to operate it, you can start by filming high school sports.
You can then use the footage, edit it, and contact teams and the athletes on your highlights video and offer to sell them these highlight videos to see if they will buy it or not. However, chances are they will buy it and post it on their website or blog. Repeat the process, and who knows you might be able to make a permanent thing out of it.
START A FANTASY LEAGUE WEBSITE
First of all, let us ignore the betting side of fantasy leagues. There are many other methods you can use to make money running a fantasy league website. Numerous people in the world play fantasy leagues, and what better way to cater to their needs and make money at the same time than to host a fantasy league website.
You can use advertisements to earn money, especially if your fantasy league website sees a lot of traffic. You can also offer exclusive membership packages to visitors and charge them for it. Affiliate marketing is another way to earn money by selling tickets and other sports-related products. There is a lot of work involved in running a fantasy league website. But, if done correctly, you can earn a lot of money for hosting one.
START A SPORTS VIEWING CENTER
Surprisingly, there is little effort involved in setting up a sports viewing center and making money from it. Not everyone will be able to get a ticket to their favorite sporting event. So, all you need is an area, like outside a sports stadium, where you can set up a tent and a projector and charge people to come in to watch their favorite sports.
Sports viewing centers are usually full most of the time, especially if there is a tournament going on, and people are not able to get tickets for a match they want to watch. You can charge people half the value of the match ticket, and offer them a facility where they can view their favorite sporting event live on a projector outside the stadium. It will not provide the same experience as viewing a sports event inside a stadium, but for people who cannot get tickets, it is the perfect opportunity for you to make lots of money.
SELL SPORTS MEMORABILIA
If you are a sports fan looking to make money, chances are you will have different sports memorabilia at your home. Rare items can fetch hundreds and thousands of dollars if sold at an auction. Even if something that is not rare can be sold for a profit if you can find them at a low price. However, finding sports memorabilia is not for everyone. Often, rare memorabilia items can go for thousands of dollars. That does not mean you can not find affordable things and sell them to make money.
A flea market will be your best bet, as the people selling items there do not know the value of the memorabilia items they are selling. There will come times you might pick up a replica or a forgery. However, it does not infer that you can’t find such a rare item that will fetch you thousands of dollars. Once obtained and verified, you can sell these items through online auctions and a lot of money.
START A MEAL PREP BUSINESS FOR ATHLETES
Professional athletes, be it from any sports, need to eat. A meal prep business is best for people who have a passion for sports, as well as cooking. People who do not know how to cook can take cooking classes and turn it into a business. You can create a website where you can offer meal prep services for athletes that live in your local community.
Professional athletes need to eat a balanced diet, and you can be the one who provides it to them for a fraction of a price that dieticians charge them.
The internet provides us with opportunities that we never had before. With advancements in technologies, we don’t have to work our way from the bottom to the top anymore. Making money through sports from around the world is now easier than ever, thanks to the internet. However, whatever method you use to make money, you have to be strict, disciplined, and consistent with them. Thus, it is smart of you to consider them if you are a sports fan looking to make some money utilizing your passion.