I’ve turned $1,000 into $100,000
I’ve turned $6,000 into $80,000
I’ve turned $11,000 into $550,000
and recently I’ve turned $4,000 into $90,000
With nothing to show for it…I’m a sharp sports bettor, but I always end up going all in. I can never be satisfied until it’s too late. I always need to go all in.
I’ve been reading comments from my last post (turning $4,000 into $90,000 and losing the entire $90,000), and I can’t help but feel like shit.
How do I get over the countless failures? I’ve been chasing the $1,000,000 dream for years.
Hi, I've been a previous commenter in one of your posts (turning 4k into 90k), and I must say you wouldn't get there without having something that most sports bettors don't, cause those are large and monumental wins considering the capital you started with. I've never won that much in my gambling journey, so I couldn't really give you any advice that would strike dead center, but from my experiences of winning considerable amounts of money from small capitals, I figured out the right way to save your wins and diminish losses as much as possible.
That is through effective money management. Let's take your last bet for example.
You won 90k, but now instead of going all in, you take 10% of that prize money, and use that for betting, the rest will be saved into a bank, or over something where you would deposit your money in. Whatever happens to your bet now, you still have a lot of money to play with, maybe even money that you could save and keep to compound and reach that 1,000,000 bucks dream of yours.
You have to get rid of your all-in mentality, it works well when you have a small bankroll but for bigger bankrolls the risks outweigh the benefits. If you're in for the thrill of it and not for the profit then go, do as you like, who am I to tell you how to play your game right? But if you're here asking how to save as much of your winnings as possible, then take my advice, and be smarter with your winnings.
You haven't failed yet OP, failing is when you succumb to the losses and give up on your aspiration, I usually don't advocate for gambling with the prospect of finding profits but since you've done this countless times, you clearly are up to something, so I support you and will watch your development with great interest.