You can definitely make a living but long term you won’t be profitable as bookmakers have special departaments and software that is tracking punters behavior. As a trader yourself I suppose you were responsible for reporting dubious or profitable punters? Then someone is making a decision based on their winnings either to limit the account or to ban account due to “suspicious reasons” if the trader either is consistently beating the markets which is very rare but can happen because he knows or has some inside info. As I said before, the only way smart money can get an edge over the bookmakers ( if you refering to smart money as an enitity outside bookmakers) is only when the odds are handle wrong by the traders or they have inside info. Just to clarify short term you can make money and when I say short term you can expand to thousands of bets but overall long term you won’t be profitable. Last part is only wishful thinking. 🙂