Topic: Anyone here have some strategy to gain money, but with low profits daily? (Read 8087 times)

Sorry to interrupt you halfway, but it is not about gambling (in the strict sense of the word)

Indeed, with gambling it doesn't matter how less emotional or more balanced your attitude is as it doesn't in the least affect the odds. That goes without saying. But we are talking here about sports betting and it is a completely different animal than dice or any other similar form of gambling in terms of luck as well as odds

And as you said yourself, it may in fact mean things like you being a team doctor, a coach or a relative of a player (let alone being that player herself), but even if you are not, it is still not gambling as there are a plethora of factors at work here other than pure luck, the ones you could consider and account for, thus changing the odds in your favor

The new gambler who want to make money quick comes to a casino and then looks for strategies to "beat the house". The people in the chatbox troll him saying that such methods does not exist and if they did then the casino would not exist. But the person adamant and firm to their belief and not getting any support from the trollbox goes to Google and searches for gambling strategies. The first answer he gets is a blog telling them about Martingale and a referral link to promote another site.

So basically yeah, it is there for the casino to make money and its affiliates to get traffic.

From what I know solving captcha is a hard work which can bring you $2-$3 per day, but never more than that. And you should be working 7-10 hours during that day doing one the most boring jobs ever.

In the OP's example, on the other hand, you can earn $1 within seconds. Why martingale is attractive is because it works most of the time. Here's what you typically get when martingaling (for the experiment, imagine that 1 DOGE is $100):



As you can see it seems easy to win one dollar, and then another one, and then another one. You have to lose 6 bets in a row to be unable to double your next bet amount, and normally it's not happening. The odds of losing 6 bets in a row at 49.5% win chance - once every 60 bets or so, and thus one might think that if you don't make more than 10 bets in one day, you'll never hit that killing losing streak. But, in fact, this is not the case, because it doesn't matter whether you make 60 bets within 30 seconds or withing 30 days, you still have a good chance of losing 6 times in a row within those 60 bets.

Using small money in gambling is a good Idea because once you use big capital possible to lose it all.  But maybe their method is really works to him and to others and I believe we have different method in gambling but better not too confident of what method we have because sometimes rhat also can cause for us to lose insteaf of win.  Small profit is enough to decrease the risk.

   

I can't believe that there are still gamblers think martingale really. In my opinion, perhaps the casino owners invented it because your wager increases unless you finally win which is not favorable because I did it and just on the 10th time, I have lose it all. If you want a dollar everyday and safe then why don' t you just work for for captcha instead. It's sure profit and can be huge if you are very hardworking.

I am sure if we use $100 in trading, we can make a profit many times but we are in the gambling which we don't know how much we can win from the games. And to be honest, with $100, that will be big money to use to play gambling, and for me, it is better to use small money than $100 in one-time of gambling. You don't need to risk $100 in the gambling because you know that if you use that money in trading, you will have a chance to make the profit. So you can choose for yourself.

as a trader, he must have good and correct trading techniques in formulating strategies even though he gets very small profits, because at this time the market is unstable and getting huge profits is very difficult, so he must be smart in determining strategies to get profits.

playing with higher multipliers are too risky and the ocurence of winning is pretty slim so i dont think that there are working strategy for it  .  its just pure luck if ever you win  .

  i did tried higher multipliers before but i can one once in ever 10 to 15 lossing streaks , so id say that its not really worth it to  risk your balance  .  low profits with the default settings is still better imo because you can win daily on them    .

If he has a way to win and get money with a higher chance. He will not tell anyone for this strategy, because it is the same that he spills the beans. In gambling, everything has to do with money. If you are not careful then you will lose money.

Maybe he does not have the money to invest and in this shared way he want to earn some money. But I will advise to stay away from it. There are so many cheaters and scammers out there that you will hardly find any honest person who can do a fair business and deal.

Maybe this approach can work in trading, but in gambling if you think that your past wins were due to your being less emotional and more balanced than others, it's an illusion, and a very dangerous one, if you ask me, because believing in it you can lose a lot of money eventually.

Let me explain with an example. In trading, if you buy 20 coins about which you read that they can rise 10,000% within the next 24 hours, each of them, your failure is guaranteed, because only scam projects promise that. So, being less emotional and more balanced than others, you don't do that, and you are absolutely right. In gambling, on the other hand, you can make 20 bets with 110x multiplier, win just 1 of them, and be in profit, and every gambler knows that it's not something unusual. I mean, when in trading you can profit from buying a coin that "should rise" 10,000% within the next 24 hours, once in a million years, in gambling such things happen many times every day. Betting with less than 1% win chance is not a stupid thing to do, and to prove my point I won such a bet just several minutes ago.



But I won that bet not because I know something others don't and not because I'm less emotional than others or anything, but simply because of luck.

My point is that some patterns that work in trading don't work in gambling, and vice versa.

Few addicted gamblers actually understand this. They think that players make huge amounts everyday seeing the advertisements which casinos put up. They dont use their logic that in the end the casino is the winner if you dont cash out your money when you are winning. Most EV- games that is.

We should not compare gambling with daily wage earning. A daily wagered would rather be meticulous in collecting his money and keeping it safe while gamblers will carelessly gamble it away. That is why they are gamblers. However some can be a mix of the two - who play at times for fun but is diligent about their expenditure.

Maybe, because you can be less biased and thus more rational in your attitudes?

I'm not involved in this kind of thing (I mean sports betting) but I think I can draw a valid analogy with trading (well, it may be somewhat loose but still better than nothing). In trading, you can fare better than the rest of the pack not because you know something what others don't know but simply because you make fewer mistakes by being less emotional and taking a more balanced approach to what you are doing. I suppose it works with sports betting as well (as with anything else in life, for that matter)

Have you heard of you win some, you lose some . As far we talk about gambling, that is how it rolls. The owners if those businesses will run down if they don't get something from people. In fact, they get more and that is why you see more businesses opening up in that direction.

But come to talk of steady wins, even a salary earner, sometimes loses his or her money one way or the other, either by theft, misplacement, wrong calculation. Anything can happen to money

Theres always the chance of a low speed reaction to news, or sometimes an incorrect reaction.    With really big games, its unlikely that the odds will lag news that much.   I bet or used to bet alot of really small sports and esports games and sometimes people really didnt know the full picture.


This method is a fallacy, its not giving an advantage or a strategy that will result in long term gains.  I wish it were so but its kind of an urban myth, a misconception.   I advise people to stay away from it because its misleading.
  https://en.wikipedia.org/wiki/Gambler%27s_fallacy#Retrospective_gambler's_fallacy
  Theres probably a better article out there  but people make common mistakes in presuming some stuff, some of that is why gambling operations are profitable to run.   Best idea is to run through whatever theory with throw away amounts ie. doesnt matter, at some point you just go get a burger instead so you are not 'stuck in the orbit' of the idea of winning.  I'd argue the best strategy is to never put on large amounts only the profits from previous bets.   Money management then being the best strategy of all.

But my point was that anyone could be aware of that injury. People can google, right?  Thus you can't have better chances of winning compared to other bettors. If the best goal scorer of a team injured, the odds for the rival team will not remain the same as before. And instead of having, say, 3x multiplier in the case of winning you can have 1.5x or 1.2x even. Unless other bettors don't know how to google, I can't see how can you have advantage over them with that information.

Sometimes, if you really know the sport you are beting, you'll find some good opportunities to bet
Just an example, the best player of your team is injured, this is the player who scores most of goals, maybe you can find a good alternative to bet that the match will not have more than 3 goals...
It's just a generic example, but you can understand the logic behind

It would be nice if you win but if unfortunately you lost then what? Obviously you will wonder to recover it even next day. But who know if you loss again ? Depend on luck also on gambling. It will better if you think about small profits instead of huge. But very rare it will happen. Its true there is no strategy for gambling but much greed one of reason for loss funds.

In order to have better chances of winning compared to that of other bettors, you should know something they don't. It's been always a question to me, how can you know more than others, unless you are a team doctor, a coach or a relative of a player? Since all the info is equally available on the Internet to everybody, how can you get better chances of winning, by what kind of analysis?

Well it does not take much time to understand and bet on the right team. Everyone has some games and sports which they love and watch, You only bet on those sports as you already aware of the teams of that sports and you are in better position to place a bet.

Placing a bet on a sports which you do not watch and getting knowledge of it only to bet on it, is not recommended.