You can give your tips in your thread and we really appreciate it. Maybe this can also help you build a reputation in this forum and if many people can win from your tips, it certainly helps them to win some money. And I've seen you give those tips. We'll see how it turns out later.
The bet is what being described not the money involved. All bet win or lose is not a waste because it’s his prediction based on the OP analogy. I can understand you for mistakenly understand it because the content and title is really confusing at first glance.
He is just trying to say that all his bets is most of the time winning due to the site he is using to get prediction. His winning bet compensate his lose bet ergo lose is not waste.