Please share your thoughts.
Your sphere of knowledge is a very powerful thing in all areas of life, but it can lead to becoming too comfortable and even lazy when it comes to learning new things. Acquiring knowledge in new areas is a spice of life, but when it comes to potential financial loss in gambling we must tread carefully. If you are betting on a new game or sport, it's wise to start very small and slowly over a few weeks to gain experience as ramping up quickly can lead to big losses. You might not understand all the rules of the game (like in American football or horse racing) which can lead to unexpected defeats. If the odds look very appealing, it could be because you don't understand how to read them - for example horse racing odds can look amazing, but often end up with almost random outcomes.