If you want to make this profit per day, You should bet smartly. Higher your stake with a good amount like 200-300$ and bet in one or 2 events max with odd around 1,1-1,6,Then you can get the 50$/day. Or if you are so lucky, you can bet with small amount in multiple bet. Maybe you can win a good profit.
Anyways, these two methods profitable if you are lucky.