Ask HN: Who Earns a Living of Betting? 6 years ago
I worked with someone who did in the late 2000-2010 and and then for a company that did (supporting circa 100 employees).
I can't say too much as I was on the dev side of things not the stats modelling. But at a minimum you'd need a good statistical model, high quality data and a way to get great odds on your bets. If you can make the money using just Betfair (etc.) that is better because bookies are going to ban you if you are making smart bets so it's chicken/egg. You also need a big bankroll, for that inevitable stream of bad luck. And lots of little bets are of course better than small number of big bets that could wipe you out. I'm mostly here to say yes it's possible and can be very lucrative.
No corona experience.