So how should we gamble in a smart way so that we do not get more frustrations due to continuous losses?
If there was a legit way of keep winning then everybody would win.
Well everyone has their own specialty as they gamble and good thing that you are able to make good profit with sports betting because they are some people that are not getting decent profit as they gamble with sports betting. And to play smartly is when you have already get good profit, just volunteer to save some of it.
Correct there are really people who are good into something and all players are the same when they tend to play sports betting because some may profitable and some arent thats why it really depends on which game would suit you but one thing are commonly the same which is lossing all your money in an instant.
Sports betting is one of the only types of betting where you can create an edge over the other players/ house by knowing and reasearching a lot about the teams that play. Since nobody can set predetermined odds for a team, it will always be based on past performance and the status of the players.
Poker is another one, although I don't see that as gambling. The bluff aspect takes a lot away as you can actually win losing hands.
Poker is already considered as a gambling as long you are riking your money to make money then its definitely a gambling. I agree with you sports betting is somehow we could increase our chances of winning because of last performances or statistics of a certain team.