Jonas Gjelstad: A Professional Sports Value Bettor

For the ones who don’t know Jonas Gjelstad, he is a Norwegian sports bettor and former professional poker player. He’s been profiting from sports value betting since January, 2015. Below is our documentary series of Jonas, along with his interviews with NRK and the Joe Ingram Poker Podcast.

£10,000 to £1,000,000 in 12 months - The Jonas Gjelstad Story pt. 1

“I started betting on sports with $12,800. During my first month of hard work, I got $58,000 in profits.”

Watch Part 1 here

"I lost $256,000 in a day" Jonas Gjelstad - Professional Sports Bettor - pt 2

“Everyone is good, everyone is happy, and everyone thinks they're flawless when things are going good. But when things go bad, that's when you can actually learn from your mistakes, and there’s when you need to put in the hard work.”

Watch Part 2 here.

"I want to compete with the best" - Jonas Gjelstad - Professional Sports Bettor - pt3

“One of my biggest lessons was that I need to be able to separate working money and spending money because as you move up, the stakes become larger.” 

Watch Part 3 here

"It's a weekend job". - Jonas Gjelstad - Professional Sports Bettor pt. 4

“I wake up between 10:00 and 11:00 in the morning and I go to bed at 5:00 at night.”

Watch Part 4 here.

"The truth the bookmakers don't want you to know"- Jonas Gjelstad - Professional Sports Bettor pt. 5

“I know for a fact that we can actually change the bookmaking industry and we can make a lot of money while we do it.”

Watch Part 5 here.

"Starting over again with only £1,000" - Jonas Gjelstad - Professional Sports Bettor Pt. 6

“Starting with $1000, I think you could turn over your bankroll 16 times every month and up until 140K.”

Watch Part 6 here.

Jonas Gjelstad on the Joe Ingram Poker Life Podcast

“Eventually I started making money and I enjoyed it so much, so I kept playing and playing.”

Watch the Podcast here.

"The Odds Millionaire" - An Interview with Jonas Gjelstad by NRK, Norway's Largest News Channel

“I did not want to be an engineer and work for others, get a fixed annual income, get married and a station waggon in my late 20's. It seemed cooler to go my own ways, which gambling makes possible if you do it right.”

Read the interview here.

We also recommend checking out the following articles for more inspiration: 

  1. How to make a living from sports betting.

  2. 10 people who got rich from sports betting.

  3. My Value Betting Journey from $1k to $2k.

  4. Mathias Interview - $5k to $20k