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Topic: My $50,000 betting goal by 2024. Share Your Thoughts With Me. - page 5. (Read 584 times)

hero member
Activity: 686
Merit: 987
Give all before death
What are your thoughts on these strategies to assist me in achieving my $50,000 betting goal by 2024?
OP you seem to have a good strategy to actualize your goal of making $50,000 next year. But gambling is not a business and the profit that can be derived from it is unpredictable. It is good to have a gambling plan but predicting your yearly turnover can have some consequences. It could lead to loss chasing and over-gambling. It could also lead to anxiety and unnecessary tension caused by the drive to meet your yearly targeted profit. It is better to enjoy gambling and peacefully accept the returns you get from it.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
Op, in this your quest to try to achieve $50,000 through betting make sure you don’t forget that gambling is not meant to earn passive income, it should be done for fun.

I don’t know if your strategy would work or not but my little piece of advice is that you don’t lose yourself to gambling during the course of trying to tweak some of your plans and eventually gets overwhelmed by your expectations—- And it should also be noted that goals like this if not properly handled could lead to addiction.

Yes, that is another part to debate, and more so when the OP itself says:

Instead, I began the year with the goal of gambling responsibly, and I'd rate myself around 80% in achieving that.

Not playing responsibly 20% of the time and setting a big goal can end up backfiring and blowing a big hole in your head. Metaphorically speaking, of course, I mean a hole in your finances.
hero member
Activity: 700
Merit: 541
Bitcoin Casino Est. 2013
Op, in this your quest to try to achieve $50,000 through betting make sure you don’t forget that gambling is not meant to earn passive income, it should be done for fun.

I don’t know if your strategy would work or not but my little piece of advice is that you don’t lose yourself to gambling during the course of trying to tweak some of your plans and eventually gets overwhelmed by your expectations—- And it should also be noted that goals like this if not properly handled could lead to addiction.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
There is one thing I do not understand.

My goal for next year is to generate $50,000 through betting. Here are the strategies I plan to employ:

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What are your thoughts on these strategies to assist me in achieving my $50,000 betting goal by 2024?

Do you want to wager a total of $50,000 or do you want to win or build up a bankroll of $50,000 in the year 2024? These are two very different things.
sr. member
Activity: 574
Merit: 310
I consider this year in terms of betting to be over. I have had some pretty decent wins. However, one mistake I made was not starting this year with a betting goal, which would have been the specific amount of money I intended to win. Instead, I began the year with the goal of gambling responsibly, and I'd rate myself around 80% in achieving that.

I am sharing my sports betting goal for next year with the gambling community because I highly value your insights and seek advice for any adjustments. I hope to gain expert advice. My goal for next year is to generate $50,000 through betting. Here are the strategies I plan to employ:

First, I will make every available promotion, bonus, arbitrage opportunity, injury information, and stale lines..

Second, I will take advantage of various accessible sportsbooks, which may include legal, offshore, or local options based on jurisdictional regulations.

Third, I will carefully build a bankroll that involves a selective approach to low-cost, high-potential profit angles to mitigate the risks associated with betting swings

Fourth, I will evaluate the expected value (EV) of each betting angle because achieving my $50,000 goal requires realistic assessments and potentially exploring new, uncharted angles.

Fifth, I will leverage my networks to maximize potential profits.

What are your thoughts on these strategies to assist me in achieving my $50,000 betting goal by 2024?
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