Topic: Should I start betting on sports? (Read 752 times)

gambling is not secure , if you want to make some quick money to go to vacation you can , but believe me you can get addicted and you can start wining money and losing alot too

I do not recommend that gambling is not a guaranteed way to make money it's too risky you might end up losing all your money if you do not know how to stop, gambling is to entertain and it's a bonus if you've won, you better look for a job or just join bounty campaign here, but not gambling to make money.

It's not bad to bet on sports but for a student like him that don't have a way to sustain his gambling needs.

Well, someone really has to discourage him from doing so. But in general, we lose and we win but to say never do it, I guess that's also understandable if you had a bad fate with gambling.

In my opinion never do this because betting sites are always risky. i'm also lose my money that's why i'm always avoid betting.

I will advise you not to gamble, once you started you get addicted to it, and the next thing is to always get busy of thinking how to manipulate a source for money either by stealing or falsification since you're not a working class, before you knew, your orientation and mindset begin to change to negative thoughts and mentality.

There's dignity in labour, work hard, invest and use the little money you have to run a little business of buying and selling, within little time you begin to experience the principle of return in business.

Also, look around you and compare the lifestyle of gamblers to that of businessmen and have a second thought.

This is the charm of gambling, although almost everyone knows that more people lose than people make profits. Still, there are so many people that
when they need money, they will try their luck by gambling. Even though playing gambling cannot be used as income, in the end very many people
end up losing a lot of money because of gambling addiction.

Betting is just a gamble on luck. Don't waste your life-saving money.

it is scary to know that People are tending to gamble when they badly needed funds and that is so much desperation .

Why need to risk more when the reality is that gambling is a 10% chance of winning and 90% or more of losing.

This is probably not your typical response.

I would say, if you put away money to risk (lose), and if you have a sports betting SYSTEM for a particular sports, AND u have a decent money management betting system/risk mitigation system...then YES you should bet.  It's far more efficient than to get a part time job while you attend college as classes and tests and reports takes most of your time anyway.

But it does take TIME, and a lot of TIME to build a sports betting system from scratch.

For example: I personally have an NHL system I developed using old data for the past 8 years.  Last season was the first test using real cash and it's a success.  But i haven't made a CRAP ton of money yet since it was just in the testing phase.  Next season (starting this oct) will be the REAL test as I will be using "real" cash and laying it on the line.

So as you can see...it takes a season or two to test your system, which takes time that you aint getting back, so this might not be right for you. But if you got a system that you believe in and it proves to be at least DECENT, it's worth to do some system building and plan for the long term.  If a system works well enough...then you can pull in some good, decent cash (hopefully every season), and it'll help you build some cash during college.

So...TLDR:
1) Pick a sport that you at least like to watch and analyze.
2) System Build, analyze, do statistics on excel, over and over and over again. Back test, Back Test, BACK TEST!  At least 6-10 years (seasons) worth of back tests.  I get my data from the NHL website.  You can easily do the same from Google and the sporst leagues main website.
3) When you are ready to "test" you system, do it with play money, say at least $100 to $1000. something that won't ruin you, but will still get your blood and emotions pumping.  This is important because even if you did 20 years worth of back tests...when real money is on the line...it does EFFECT you.  You need to practice to get desensitized with gambling.

Good luck with anything you do!

Interesting.
It is never good to gamble or take big risk. If you wish to learn how to bet correctly & profitablly, You should bet with little to no risk until you become consistently profitable.
You should never gamble while betting. Always limit risk and practice safe bet while learning to predict correctly. Once you become consistent in predicting matches correctly, you could increase your betting fund to a safe level.
If you end up failing at predicting matches, it's probably not your talent. You should look for something else you are talented in to earn you sustainable income

If you have in edge in a sport and know something that most of the other people don't know, then you could try and profit of it. Without any special knowledge I wouldn't recommend going into sports betting. There are professionals who make a living of sports betting but these guys spend a lot of time to stay up to date to all news about their favourite sport. If we only bet because we heard that there can be made money with it, we will likely lose or just break even. And in the end the only one really profiting is the bookmaker.

That's gambling and it's normal to see that. But there are also those days that you see more winners but for specific matches and you'll never know how much the losses have been incurred by the house.

Risky as a source and the same as investments, there's also a risk but sports betting isn't a type of investment that others have been misinformed from doing so.

I've seen more losers than winners. It's your choice.

Well, it's real that there's business in gambling and if those people have been earning real money on it, we cannot stop them from doing so.

But I agree that one should expect the possibilities that he might get in as he tries to make gambling as a source.

A few weeks ago before the EM 2020 I said on the thread that you can try to go into sports betting during these large tournaments because there are some high favourite teams that will guarantee a good payout. Unfortunately I was wrong, this year EM was a disaster for me. I lost my last 6 bets in a row and blew a lot of money. In the end it would have been better to not gamble at all. So many games went into overtime and penalty shootout that either team could have won.

Betting with an expectation can lead to addiction and depression. Gambling should be done for fun, and not as a business. I will advise you to invest in tangible goods that have stable prices with the tendency of rising prices. This was you can plan to have a vacation in the future.

There is no need to see Him saying before believing that he is not listening because we have been advising Him for months now but have he even care posting again? NO instead he denies after asking.
Lol Forex? why need to go further when he can at least choose crypto instead.

Maybe because He find OP had only created this thread and never come back to check the topic




or else this is your Alt account that's why you are reacting like this?

Instead of Betting on Sports, you must go for Forex Trading, though it is risky, it would also be much more rewarding, once you have your hold on it.

How do you know he's not taking your advices i don't see him saying that?