They say make money doing what you love, so why not take your sports passion and turn it into profit?
If the world stops when The World Cup starts, you take time off to watch the Olympic Games, and you do everything you can to get your kids into sports, then a sports-based business might be just the thing for you. Most sports fans assume the only way they can make money with their hobby is by being fit and talented enough to make a great team. Thankfully, this could not be further from the truth. Here are seven ways you can make money from sports.
- Take Sports Photography
Sports photography is a huge, but cutthroat business, and is one that requires you to have a relatively decent camera. Of course, you’ll also need some photographic talent, but this can easily be worked on and improved in time. While the most obvious way to make money here is by selling photos of famous sportspeople to big magazines, you might not get the opportunity to do so. Instead, you could take images of smaller teams and sell those to stock image sites.
- Place Bets Online
Everyone is attracted to the idea of making easy money, which is why online betting has become so popular as of late. However, it’s important to remember that there is no way to guarantee a win and that there is always the chance that you will lose everything. That being said, football stats for bettors do help you to make smarter and more effective betting decisions. Just make sure that you stop playing when it stops being fun anymore.
- Sell Sports Memorabilia
As a sports fanatic, you probably have a fair amount of sports memorabilia of your own, from shirts and scarves to mugs, calendars, and pens. With all of this memorabilia experience, you should have no trouble coming up with a few products of your own to create and sell. If this isn’t the thing for you, then you could also hunt out rare items online, at auction, and at markets. As long as you obtain these goods at a fair price, you should be able to make some profit.
- Post Online Commentary
Most sports fans fancy themselves as experts and have no problem shouting at the television screen about everything the players, managers, and referees are doing wrong. Instead of voicing these opinions to your living room, you should record yourself watching matches and games and give your thoughts to the online world. Whether you use Youtube, Periscope, your own website, or a podcast platform, there will be someone out there willing to pay to listen.
- Run Fantasy Leagues
Just in case you didn’t already know, fantasy sport is a type of online game, where players assemble virtual or imaginary teams of real-life players. Naturally, this is quite fun for sports fans, as it gives them the chance to have control and connect with like-minded people. With that in mind, you may want to create a fantasy league site of your own. There are a number of ways you could monetise this site, including advertisements and membership fees.
- Blog About Sports
As long as you’re dedicated and hardworking, you could take your knowledge of sports and post about it on a sports blog. You would monetise this site much like your fantasy league, by placing adverts and offering memberships. You could also try affiliate marketing. Setting up a blog isn’t particularly difficult, and it gives you the chance to share your views with a relatively large audience. Just be aware that it could take a while for your site to start making money.
- Rent Your Driveway
If you live close to a stadium or sports ground, then you should try renting out your driveway to those traveling to visit. Although this isn’t directly sports-related, it is an incredibly easy way to make some money and could introduce you to other people that share your same passion. To rent out your space, all you need to do is advertise it on a personal parking site, like JustPark. You could also consider renting out a spare room to those travelling a little further.
You might not be able to make it big in football or tennis, but you can still turn your passion for the game into a nice profit. All it takes is dedication, some creative thinking, and the will to mold your hobby into a small business.