it is your money, so you should be smart on how you spend this especially in boxing.
That's a wrong mentality, if you think of it as spending then it's called expense on your part, no, it should not be that way, gambling with a purpose to win or be successful in the long run is called investing, so invest wisely on your pick in sports betting.
Investing means you'll get something in return but in gambling, there's no guarantee for this so technically this is not expense or even investing, this is just a pure gambling nothing more not unless you stake with your gambling site so it can be consider as investment.
You bet on your winning team and with regards to the fight of Nonito and Gaballo, I'll place my bet on a boxer that I know how to fight and sees his fighting career and that is Nonito, though Gaballo is also a rising star I might still not confident to bet with him. Can't wait for their final date of match.
There are different types of investment.
Now, the guy you have quoted said when you gamble in the hopes to make good profit can be considered as investment. After all, investment doesn't always guarantee a return.
Anything you spend money on and potentially earn profit in the future could be considered as an investment.
Trading for example has a slight similarities with gambling and it was called investment, right?
Anyway, those who bet on Gaballo must definitely have a huge risk to gamble, while betting on Donaire could be a more comfortable bet.
I honestly still confused on whether to bet on Gaballl or not