Topic: Should I start betting on sports? (Read 686 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?

But if he can spend the funds with risk and knowledge then why not?

we have told him from the start but it seems like he is not willing to hear our advices ,.

What actually makes it very risky (aka gamble) is the amount of money or resources a bettor is betting with. If you bet with amount you can't afford to risk then you are taking big risk or you are gambling.
A skilled/talented bettor who is consistently profitable would be taking less risk if he's betting with amount he will likely win than unskilled/untalented bettor betting with thesame amount even if both bettors have thesame amount of money their entire bank savings .

Sports betting is good there's skill involved in betting sports.

I think it's not an easy thing.
Although it promises high profits, it also comes with high risks

I think that you can spend money on bets that you don't mind throwing out the window with ease.  You must be ready to lose everything that you bet, because this is a very risky undertaking and in this area you need to be an expert in order to earn something.

I don't think the right way to make money is through betting. Why not learn a skill and sell value. Why not learn how to invest and trade cryptocurrency.

Trading isn't a gamble.

There's a belief and understanding that because you're also putting your money there on the line and the chance to make and lose, there are those that think that it's a gamble too.

Indeed both can be learned and both are somewhat gambling related, Sports betting is openly stated as gambling, how ever trading is also gambling in essence but there are technical indicators that can help you make better predictions then in sports betting.

Both can be learned.

And just as sports betting, you'll learn trading through experiencing it. Getting some resources online about the market and as well as learning to look at the charts and have your own analysis.

I'll have to say you're saying the truth, he can waste his time predicting sports matches or he can learn technical analysis and do trading.

Yes i agree, Taking predictions of others only if you don't trust your instincts more than others, It's much better to learn trading than sports betting.

If he knows about one sport such as football and he can collect information about those sports, I guess that he can try to bet on those sports because he can have a chance to win. However, to place a bet on that sport needs more knowledge and while he is a student, I think he does not have to bet at all and focus on his studies.

You can take those predictions by those people but they are not good most of the time. If you happen to have a wrong absorption of those predictions, you'll have someone to blame.

But if it's only you that picks and then you've got it wrong, you won't feel that bad.

Sports betting? I wouldn't recommend sports betting if you cannot afford to lose money, it's a form of gambling. If you're doing it for fun and have money for fun but no more then yes it's good.

If you're good at making predictions then sure go ahead, there people that you can also pay to make predictions for you but if they're wrong you'll have to pay.

What you think about it is very important. If you're thinking of doing this business with the hope of making economic gain, don't start at all.

In gambling, you have more chances to lose your money than winning from it so gambling should not be encouraged for someone who wants to earn money with their free time and also it is not really meant for young adults who may get addicted to it very easily and their complete life will be ruined.

Don't you have a single post that has not sending links? because surfing all your post from the account creation indicated that all your posts are just link sharing and totally no value from the discussions.
But at least sportsbetting is having a Higher percentage of winning compared to luck based games.

In sport betting it's not certain that you will always make money. It's all about loosing and winning. Bet for fun and even when you loose it won't make you go mad

You can search for the site in the Gambling thread. Many recommended gambling site which has sports betting so you can start to place your bet. But I suggest you have control of your money because gambling can eat your money without left.

Once you are placing your bet and you win, you will become exciting and maybe you will place for the other bet. You should know when you must stop gambling.

If you really want to start betting on sports than I would recommend the European championship that started yesterday. There are tons of games and a lot of money to be made. In case you are new to football then just go almost risk free bets. Especially now at the beginning of the tournament there are still plenty of weak teams in that have to play against top teams. If you look at France or England and bet when they play 3rd class teams it will be easy money.

Sorry, what? Can you explain what you mean by you don't know where to start?
Find the bookmakers that are available to you and select the sport you wish to bet on. For example, if you wish to bet on Premier League football you will see betting odds for every side available. You can then take your pick and place your bet on the outcome of that particular game.

And it is very difficult for me to say something about this. But I know that sports betting is popular in the spinoff arena. This is true? Or is there something I don't know? I have a desire to bet on sports, but I don't know where to start.

That's it , if He really knows what he was betting and how much knowledge from the teams involves because this is not just for sratups  but for long term betting.
If you have small amount of capital but wanted to earn much from gambling then you must be dedicated and have skills.
But OP since asking for something he does not know from the start.

It all comes down to if we are interested in sports and watch games regularly. While betting is a nice way to earn money on the side I think that it's important we actually follow the sport we bet on. Just waking up one day and deciding we want to bet on football games now is not a good idea. But if we are very familiar with our home team and we know that they will win in a game on their home stadium than we should definitely bet.

OP is young and surely very interested in using His money to make it double for gambling but i don't think he will get what he wanted this time around.
Lets see what will be the outcome when the even he mentioned take place, if he participated or not because of losing in gambling.

If you are a newbie and start betting on sports for the purpose of making money, you should forget about it, because it will not work.
You will lose your money, there are many other better ways to make money. What we need to remember is that playing gambling is
only for entertainment, if you plan to make gambling as a source of income, it's a wrong thought in my opinion. Because it is almost
impossible to make a profit in gambling for the long term.

The word "Sometimes" makes this post riskier lol.

Imagine how big that sometimes chance than losing?

______________________________________________________

OP please
Dont try to gamble your allowance , just let things happen in more possible way than impossibilism .

You can earn alot with sporting betting but I think betting in general has to do with luck but it is nice idea to try it may be you will be lucky nobody can tell.It seems to be fun and profitable sometimes.

The question is clear OP needs fund so He is asking if it is rightful to risk His allowance to gain enough for the target event.

You don't have to make fables or anything similar because the answer can be simply YES or NO.

____________________________________________________________


for me it is a Big NO NO NO.

I can fully support this. Gambling is very risky and as a student you don't have the bankroll to take such risks. In my opinion your education is more important than money. With a better education you can get more money which means making more money in the future. And with more money in the future you can also gamble more when you are older and win more money. Only use money you can afford to lose.

Mostly, people from the old generations will remember what their did in the old time. But since the millennium era, it seems that point is changed, and parents do not advise that thing and even they tend to use the money for a splurge. Not many parents always remind their kids to save money for their future or education, which needs more concern from the parents. If we can take care of our kids and tell them about the danger of playing gambling, they will not even try to closer or try to play gambling. The kids will always remember what their parents said and they will stay away from gambling.

Betting is not a full time earning source. You may won few bets and lose few also. I have seen many people who have lost all their money in gambling.
Since you're are student and  go to school, you can take money from your parents for the vacation trip. If you are short on money, try to do odd jobs in your free time and earn money.

and what about this post?


so many Site that is very suspicious ? stop that Shit , no one will click your BS links .

I agree that the role of parents is very important for a child's future. I remember when I was little my parents always advised me not to spend
all the money I had. Always leave a little to save, and it makes me always remember until I grow up. So it finally became a habit for me to always
save from the income I got. Regarding gambling, it is risky for children, because their emotions are not yet stable, so they are very susceptible
to becoming addicted. Therefore, every country has a minimum age limit to be able to play gambling, it is intended to prevent many children
from becoming addicted to gambling.

If gambling is played just for fun, the person can be psychologically and economically profitable. Starting this way can cause serious psychological and economic problems. I have yet to see anyone who has had this successful. If you do, "I think is impossible" you will in history books.

It needs more attention from parents to guard their children to use the money for the right thing. Parents can teach their kids how they can manage the money and maybe the parents can show how they can invest in something so at least their kids can have something for their future. If their kids can do that, they will have a better life in the future. When kids play gambling and find that they can entertain them, they will come back and use more to satisfy themselves. That is dangerous for them because they can not control themselves and can lose too much money.

It is a very good decision that you will learn about sports betting before you bet it is no secret that humanity has long gone by because of the uncertainty associated with gambling and betting there is no other sport that offers a variety of bets like football. With the bookmaker's office you can make a bet on which team will hit the opponent's goal first whether a goal will be scored in a given time whether a strict referee will remove a player or even a coach and how often players will be shown yellow cards can determine.

It is better to use the money they get from their parents to open a small business than to use it to play gambling. Because if their parents find out
their child is playing gambling, then I'm sure the student's parents will be very angry and disappointed, although I know the student's intentions
are good. But the way the student is wrong and someone must advise him.

If they can use the money from their parents to create a new business, they will have a chance to make money, and if they can consistently doing that thing, they can become rich at a young age. In this era, a young age needs to be more creative than their friends to catch the opportunity around them for their benefit. Besides that, this is a competition in their ages, and if they can not do that, I am afraid they will not have a chance to grow and have their money.

First post of your career is this

and now sharing link again.


Lol fool no one.

Good advice, gambling should not be a good way to make money, especially for students who usually do not have experience in the world of
gambling. And most students are still dependents of their parents, so don't use the money your parents gave you for betting on sports.
The best and safe way for students is to look for part time jobs at fast food restaurants, which usually provides a fairly high fee for students.

Recommendation ? meaning that you are also OP? are you alts?

If you are a student and want to earn more income then betting on sports is not the way to go.   

You should get a part time job for guaranteed income not relying on luck.

Well that's a good options at least he might find whats the luck or not and maybe use the experience as reference in His future decisioning .

There is no need for such sacrifice. In sports betting you will really earn some but there will be more times that one shall lose money on it.

Especially if OP is just new to it and wanting to try. Nothing bad to try it but it is hard to do it as a means of income. It should be done when he has his own money and would love to bet on the matches he thinks can take advantage.

Lets not look upon the age instead the reality of the outcome , Look he is aiming to earn legitimately but he was looking for illegitimate option?

Gambling is not the right way looking for income instead this is for fun and the win will only a bonus.

I simply gave the option to the OP if underage then answer is no. And if above 18, and have some pocket money left then can try the risk, if make money you can go and if you lose that money then forget the trips and all. Then you have to sacrifice it.

If you want to make money, you should work to earn money. You do not need to bet on sports, but you can try it, especially if you have knowledge of the team and select them. But that will not suggest that you can lose your money and ruin your plan when you gambling.

My dad always suggests saving some money if I want to have something. We know that sometimes, kids can get money from their parents monthly, which can be a solution for you to have money.

If your gonna listen to an ex Addict? then best not to  try it all.

at first i thought it is profitable and manageable but suddenly ? i turn out to be an addict and almost lost everything in mine.

I know a guy who makes his living betting on sports, and he's winning a couple thousand dollars a month the whole time he's been doing it. But to each his own. Gambling is in his nature, and he takes a lot of risks. There are some people who live this way. I could never do that.

There is a huge amount of risk involved that you simply cannot calculate beforehand. And I have experienced first hand that at times it can be a very scary thing to take those risks.

I strongly advise against betting on sports as a way to make money, for example the Champions League final match, many predict that
Manchester City will win the match. But the fact is that Chelsea are the champions, I lost quite a lot because of this. The problem is betting
on sports depends on our respective luck to win, so it's too risky if you need money and start making money from gambling. Your chances of
success are 50-50, why not just try selling goods.

This is perhaps the easiest and the quickest way to lose your money.

Stop luxurious plan if you are still no capacity to provide, you are asking about gambling as if you can be assure of winning? stop it. study hard and eventually after finishing and having a work , then you can have all this trust me.
I've been there before and i only get frustrated if i don't get what i want and my parents use to hate that idea.

Hmm, after looking at the post history of OP and it seems he/she has the habit of making topics which are literally not useful to anyone then he goes offline.

Please stop responding to such thread anymore guys!

It’s up to you but don’t gamble with money you can’t afford to lose because the last thing you want is to end up broke, even poorer than you are at the moment.

do not do it, because what you want to do is a high risk...

if you want extra money you should work part-time because if you gamble, the chances of you losing money are much greater than you will win gambling. do not use emergency money and savings for gambling.

Start sports betting so one can go on a class trip? That doesn't sound like it will go well.

Most people do sports betting for fun. They might think they will win money, but most people don't. Most people lose. But that's okay if they were entertained by it. Think of it as buying entertainment.

If you are serious about it then you need to do a lot of research. Even after that you will still lose a lot. It's a numbers game and even the best handicappers will still lose quite often and only have a thin edge that they need to manage bankroll properly and grow it over time (over many many bets).

You can bet on sports if it's your own money. But if it's your parents, better to study very well.

Since you want to start making money, make use of your talents or skills which you can monetize as a freelancer.

I would advise against it. To make money in betting you need to have some to bet with first, but there are risks involved, you could lose your money if you are not so experienced with it. In my opinion we should only bet money that we don't need. And since you are going on a trip with your class you need the money. Winning is not guaranteed.

Are you ready to lose money?
Are you skilled enough or old enough to gamble?
I don't know if you're confident enough with your skills or just like some gamblers that thinks gambling is a way to gain easy money.

Are you above legal age of betting , if no then answer is straight away no. If yes above 18 and do you have extra pocket money just in case if you happen to lose that then still be fine. In that case you will have to forget the vacation if you lose money so if ready to take risk then may just give a try.

Interesting question.
What course are you learning in school, by the way? Does it relate to sports or something? If viewing football or any sport for that matter helps your studies or school education, then you could spend some time on them. Students need alot of time to learn
If you are learning a course that relate to sports and you are talented or passionate about sports, then It may be ok to follow the kind of sports you are learning about, and possibly learn to bet on it with little to no risk. Once you become consistently successful/profitable in your bets, you could gradually begin to raise your bet minimum to safe level as you continue to improve & be consistently profitable.

It's more efficient to bet on things you're learning in school and are talented in. For example, if you are learning about economics/currency/money, you could also learn to predict the currency market, and possibly get some rewards from doing well. That's more efficient way of learning, working and earning a living. You spend more time on things that help your talent and career in life

Are you also ready to lose? i mean do you accept instead of winning you might lose?


Better to just keep spending Lesser and lesser from your allowance and then sooner surely you will have that fund for vacation .

Gambling is not the way to make money and people who had such intention while entering into gambling career then you will also will become one of them. You can do freelancing jobs on the internet and also lot of earning opportunities available if you are from European countries.

I need to start making money. I go to school. I want to make money and go on a vacation trip with the class. Should I start betting on sports?