Who says you can't be a millionaire in sports betting? - page 8.

Oilacris

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Quote from: Oasisman on December 21, 2023, 04:42:45 PM

Quote from: pawel7777 on December 20, 2023, 06:58:10 PM

Quote from: boyptc on December 20, 2023, 06:30:17 PM

That's a huge leap of faith with his sportsbetting skills. I'm willing to take risk with small amounts when the potential reward is high.

There's no problem with that but this requires so much luck that I think won't happen to me in my life time. Whoever is the one that shared that winnings, he's proud for sure.

But I hope that he'll take care of that money very well and won't let it back to the bookie so spend that money wisely.

According to OP, the stake was an equivalent of only $18, that's not a massive amount of money even in the Philippines, and pretty much any working person could afford it say once a month.
The winnings are also not life-changing (meaning he could not retire with that amount alone), so there's nothing wrong in putting some of it back and hoping for even bigger win. Especially if we consider that the guy was pretty skilled in analysing odds rather than relying on a pure luck.

I agree that the amount he stake is pretty low and the amount he won is also quite huge but not enough for someone to retire.
Yes, he have skills in analysis for making this series of win possible, but still there is a touch of luck in there. I bet there's a lot of sports analyst who's better than the guy but most of them might not be able to achieve this kind of streak.

@OP, I wouldn't think he made a million either with this bet. We have to include how much he have lost over the course of his whole sports betting activities.

There's always that a touch of luck on which it is really just that normal because we are dealing with gambling on which it is really just that luck would be always play a main role when it comes to gambling field, whether you are really that get involved into those strategic or luck based type of games on which it would really be that always significant. Its true that the amount had won
isnt something that putting up someone to that retirement but for those who do live on 3rd world countries then this amount is something that you could
really be able to make use of in other things. We do know that gambling could really give out that kind of chance but it would really be needing up that extreme luck on this case.

Onyeeze

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Quote from: zuzie on December 21, 2023, 05:31:02 PM

Quote from: Unbunplease on December 21, 2023, 04:50:56 PM

To succeed in sports betting, you have to literally live the sport you are betting on. It is necessary to know statistics, individual characteristics of players, their game preferences, psychological characteristics and many other factors. Only then success is possible

Agree with you, with that we can judge for ourselves what sport we should bet on, supported by our liking for that sport and the pride of the team of players we choose ourselves, then there is a big chance that we will get the win we want.

If winning in a casino depends on luck alone, but in sports betting it depends on individual choice, then it is better to choose a team that has great strength so that we get a happy sensation when we win and we also support our own favorite team.

Both in casino game and sport be game or kind of gambling all are of same conditions, their is something I know quite well concerning a sport bet and casino wining in all this, it's measurable by luck and it's doesn't matter the individual players that is in a team, because you might see a team as a more less team and the one you look down on will happen to be the one that will win and that is why may people do say that gambling is unpredictable and their is no game that is called sure wining because predictions and forecast of games always fails and its not what you can depends on.

Iroh

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Quote from: Unbunplease on December 21, 2023, 04:50:56 PM

To succeed in sports betting, you have to literally live the sport you are betting on. It is necessary to know statistics, individual characteristics of players, their game preferences, psychological characteristics and many other factors. Only then success is possible

You’re not wrong. To predict the outcome of matches you’re interested to lay bets on, one should have an in-depth understanding of teams playing, individual players and their capabilities, and the sport in general.
It’s quite a chore in trying to analyze games and players to get a somewhat accurate predictions on the outcome of matches as there are a lot of things to consider that could have an influence no matter how little it may be in the game.
Even with the most rigorous analysis, our predictions can still turn out wrong.

pawel7777

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Quote from: boyptc on December 21, 2023, 03:48:04 PM

Quote from: pawel7777 on December 20, 2023, 06:58:10 PM

The winnings are also not life-changing (meaning he could not retire with that amount alone), so there's nothing wrong in putting some of it back and hoping for even bigger win. Especially if we consider that the guy was pretty skilled in analysing odds rather than relying on a pure luck.

In today's value of that money, it's true that it's not life changing but with such amount. It can help that person do important things that he need to do with that kind of amount. Still, it's a big help.

But if he decides to bet that back or a few amount of it, then good luck because chances that it may repeat is unlikely.

Oh for sure, having an extra $18k is a nice boost and could be used for a lot of useful things (e.g. a deposit to buy a property, or for education fees etc).
But if he wanted to put it (or just some of it) back in the play, he wouldn't be aiming for another x1,000 but for something much more modest. Probably doing another x20 could earn him enough to retire, considering the average monthly salary in the Philippines is only around $330 (per Google search).

zuzie

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Quote from: Unbunplease on December 21, 2023, 04:50:56 PM

To succeed in sports betting, you have to literally live the sport you are betting on. It is necessary to know statistics, individual characteristics of players, their game preferences, psychological characteristics and many other factors. Only then success is possible

Agree with you, with that we can judge for ourselves what sport we should bet on, supported by our liking for that sport and the pride of the team of players we choose ourselves, then there is a big chance that we will get the win we want.

If winning in a casino depends on luck alone, but in sports betting it depends on individual choice, then it is better to choose a team that has great strength so that we get a happy sensation when we win and we also support our own favorite team.

AmoreJaz

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Quote from: BitcoinPanther on December 21, 2023, 04:52:59 PM

Quote from: hedgeh0g on December 21, 2023, 04:24:13 PM

It doesn’t happen that a player with a large audience publicly showed strategies that allow him to consistently make money on sports betting. This is just a bait for subscribers who, after using this, will end up leaving their money on this gambling platform that the influencer will advertise. If there is a profitable strategy, then no one will ever tell it, especially publicly, because it is a gold mine with which you can single-handedly earn an endless amount of money until this strategy is discovered and banned from use.

Some people specially vlogger who wanted to be famous and get lots of subscriber will not hesitate to share his own strategy. Sharing his bet strategy will not do any competition because people are getting paid individually by the boookmaker thus sharing his strategy for the the upcoming matches won't hurt his chance of winning.

Quote from: hedgeh0g on December 21, 2023, 04:24:13 PM

Probably the risk manager monitors such situations and has a lot of information, which will allow him to interrupt this so that the sports betting campaign does not go bankrupt.

Well, bookmaker have their own fail-safe strategy and that is limiting a bettors account if it keeps on winning. I think it is monitored internally and tag accounts that keep on winning and limit their bet size to minimum in order to keep the sportsbook losses to minimum.

for sure, there are certain internal measures on this aspect of their gambling business. otherwise, bankruptcy may be on the line if they won't have internal controls on this one. of course, big winnings will be on their radar so they would surely look into this if everything is done in the right way.

the one posted by the OP, that gambler is very very lucky to hit such winnings. and that would surely be on the tracking system of the bookie. because if the gambler keeps on having such winning streak, it can easily bankrupt their business if not handled right. also, for small time operators, this can easily drain their vaults, so definitely they would take care of these things.

BitcoinPanther

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Quote from: hedgeh0g on December 21, 2023, 04:24:13 PM

It doesn’t happen that a player with a large audience publicly showed strategies that allow him to consistently make money on sports betting. This is just a bait for subscribers who, after using this, will end up leaving their money on this gambling platform that the influencer will advertise. If there is a profitable strategy, then no one will ever tell it, especially publicly, because it is a gold mine with which you can single-handedly earn an endless amount of money until this strategy is discovered and banned from use.

Some people specially vlogger who wanted to be famous and get lots of subscriber will not hesitate to share his own strategy. Sharing his bet strategy will not do any competition because people are getting paid individually by the boookmaker thus sharing his strategy for the the upcoming matches won't hurt his chance of winning.

Quote from: hedgeh0g on December 21, 2023, 04:24:13 PM

Probably the risk manager monitors such situations and has a lot of information, which will allow him to interrupt this so that the sports betting campaign does not go bankrupt.

Well, bookmaker have their own fail-safe strategy and that is limiting a bettors account if it keeps on winning. I think it is monitored internally and tag accounts that keep on winning and limit their bet size to minimum in order to keep the sportsbook losses to minimum.

Unbunplease

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To succeed in sports betting, you have to literally live the sport you are betting on. It is necessary to know statistics, individual characteristics of players, their game preferences, psychological characteristics and many other factors. Only then success is possible

Oasisman

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Quote from: pawel7777 on December 20, 2023, 06:58:10 PM

Quote from: boyptc on December 20, 2023, 06:30:17 PM

That's a huge leap of faith with his sportsbetting skills. I'm willing to take risk with small amounts when the potential reward is high.

There's no problem with that but this requires so much luck that I think won't happen to me in my life time. Whoever is the one that shared that winnings, he's proud for sure.

But I hope that he'll take care of that money very well and won't let it back to the bookie so spend that money wisely.

According to OP, the stake was an equivalent of only $18, that's not a massive amount of money even in the Philippines, and pretty much any working person could afford it say once a month.
The winnings are also not life-changing (meaning he could not retire with that amount alone), so there's nothing wrong in putting some of it back and hoping for even bigger win. Especially if we consider that the guy was pretty skilled in analysing odds rather than relying on a pure luck.

I agree that the amount he stake is pretty low and the amount he won is also quite huge but not enough for someone to retire.
Yes, he have skills in analysis for making this series of win possible, but still there is a touch of luck in there. I bet there's a lot of sports analyst who's better than the guy but most of them might not be able to achieve this kind of streak.

@OP, I wouldn't think he made a million either with this bet. We have to include how much he have lost over the course of his whole sports betting activities.

hedgeh0g

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Quote from: Weawant on December 21, 2023, 04:11:34 PM

Quote from: Westinhome on December 16, 2023, 05:22:38 PM

The casino will sponsor mostly the professional gamblers because their game will be seen by most of the public around them in the casino.The casino which sponsors them only for the benefit for the name and some followers of the professional gambler will do the bidding on that gambling site.Finally both the gamblers and the casino get money by just wearing the cap of that casino.The gamblers who had huge experience will get the chance from the casino and the average gamblers may not win the game.They also can’t afford the loss in the gambling sites.The money benefit for the average gambler will be low in all aspects.

This is more like a promotional strategy for some of these casinos because they are very much aware that some of these professionals have got good followers on their various social media platforms where they put out their successful gambling strategy to probably get the attention of the public into subscribing to their channel and increasing their followers.

Some of these casinos who have noticed these professional gamblers and are aware of their fan base will want to take advantage of these professional gamblers following base to make promotions and get more customers because most of these big gamblers are trusted by their followers due to the results they have seen over time so if they endorse or recommend any platform, they hop on it to take advantage of the bonuses and other benefits that may come with these sites. But then at both the professional gambler, their followers and the casino gets to profit at the end of the day but not a at the same time.

It doesn’t happen that a player with a large audience publicly showed strategies that allow him to consistently make money on sports betting. This is just a bait for subscribers who, after using this, will end up leaving their money on this gambling platform that the influencer will advertise. If there is a profitable strategy, then no one will ever tell it, especially publicly, because it is a gold mine with which you can single-handedly earn an endless amount of money until this strategy is discovered and banned from use.

Probably the risk manager monitors such situations and has a lot of information, which will allow him to interrupt this so that the sports betting campaign does not go bankrupt.

Weawant

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Quote from: Westinhome on December 16, 2023, 05:22:38 PM

The casino will sponsor mostly the professional gamblers because their game will be seen by most of the public around them in the casino.The casino which sponsors them only for the benefit for the name and some followers of the professional gambler will do the bidding on that gambling site.Finally both the gamblers and the casino get money by just wearing the cap of that casino.The gamblers who had huge experience will get the chance from the casino and the average gamblers may not win the game.They also can’t afford the loss in the gambling sites.The money benefit for the average gambler will be low in all aspects.

This is more like a promotional strategy for some of these casinos because they are very much aware that some of these professionals have got good followers on their various social media platforms where they put out their successful gambling strategy to probably get the attention of the public into subscribing to their channel and increasing their followers.

Some of these casinos who have noticed these professional gamblers and are aware of their fan base will want to take advantage of these professional gamblers following base to make promotions and get more customers because most of these big gamblers are trusted by their followers due to the results they have seen over time so if they endorse or recommend any platform, they hop on it to take advantage of the bonuses and other benefits that may come with these sites. But then at both the professional gambler, their followers and the casino gets to profit at the end of the day but not a at the same time.

boyptc

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Quote from: pawel7777 on December 20, 2023, 06:58:10 PM

Quote from: boyptc on December 20, 2023, 06:30:17 PM

That's a huge leap of faith with his sportsbetting skills. I'm willing to take risk with small amounts when the potential reward is high.

There's no problem with that but this requires so much luck that I think won't happen to me in my life time. Whoever is the one that shared that winnings, he's proud for sure.

But I hope that he'll take care of that money very well and won't let it back to the bookie so spend that money wisely.

According to OP, the stake was an equivalent of only $18, that's not a massive amount of money even in the Philippines, and pretty much any working person could afford it say once a month.

Yes, that's just a small amount to consider to bet for having that winning.

Quote from: pawel7777 on December 20, 2023, 06:58:10 PM

The winnings are also not life-changing (meaning he could not retire with that amount alone), so there's nothing wrong in putting some of it back and hoping for even bigger win. Especially if we consider that the guy was pretty skilled in analysing odds rather than relying on a pure luck.

In today's value of that money, it's true that it's not life changing but with such amount. It can help that person do important things that he need to do with that kind of amount. Still, it's a big help.

But if he decides to bet that back or a few amount of it, then good luck because chances that it may repeat is unlikely.

maydna

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Quote from: EluguHcman on December 20, 2023, 08:51:14 PM

Quote from: Maslate on November 29, 2023, 01:17:31 AM

What can you say about this? Are you willing to risk your $18 to win $18k, or a million in PHP pesos?

I am always responsible for my gambling emotions and don't get moved or enticed by the interesting and appreciative games played so, I can't risk my $18 on such instead I would rather make stakes according to my gambling budgets and of course stake according to my faith.

It would be good if you could be responsible with your gambling emotions and not be tempted by the interesting gambling games you see in the casino you use. This is very important because even though you have the opportunity to earn a lot of money, you cannot have self-control. It will be useless because you will still experience loss and spend all the money. Many people are willing to risk $18 to win $18k, but they don't think that losing $18 can make them forget themselves and still try to chase and get $18k. It would be a waste because they could use more money while they couldn't get that $18k win.

If they want to earn $18k, they might be able to learn skills that can be used to play skill-based gambling to increase their chances of winning. If not, they don't need to try too hard to get a big win because they might get disappointed because they can't get that big win. Especially if they risk a lot of money to chase that big win, which many have tried and most have failed.

EluguHcman

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Quote from: Maslate on November 29, 2023, 01:17:31 AM

What can you say about this? Are you willing to risk your $18 to win $18k, or a million in PHP pesos?

I am always responsible for my gambling emotions and don't get moved or enticed by the interesting and appreciative games played so, I can't risk my $18 on such instead I would rather make stakes according to my gambling budgets and of course stake according to my faith.

pawel7777

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Quote from: boyptc on December 20, 2023, 06:30:17 PM

That's a huge leap of faith with his sportsbetting skills. I'm willing to take risk with small amounts when the potential reward is high.

There's no problem with that but this requires so much luck that I think won't happen to me in my life time. Whoever is the one that shared that winnings, he's proud for sure.

But I hope that he'll take care of that money very well and won't let it back to the bookie so spend that money wisely.

According to OP, the stake was an equivalent of only $18, that's not a massive amount of money even in the Philippines, and pretty much any working person could afford it say once a month.
The winnings are also not life-changing (meaning he could not retire with that amount alone), so there's nothing wrong in putting some of it back and hoping for even bigger win. Especially if we consider that the guy was pretty skilled in analysing odds rather than relying on a pure luck.

boyptc

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That's a huge leap of faith with his sportsbetting skills. I'm willing to take risk with small amounts when the potential reward is high.

There's no problem with that but this requires so much luck that I think won't happen to me in my life time. Whoever is the one that shared that winnings, he's proud for sure.

But I hope that he'll take care of that money very well and won't let it back to the bookie so spend that money wisely.

Onyeeze

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One about betting is that betting is one of the things that make a way for someone that lacks hope again and also fade up for employment opportunities, but sometimes gambling or betting in rise someone that doesn't have hope again, so I believe that what we need to understand concerning gambling and concerning betting is luck, some can use it's last ten dollars to gamble and luckily the gambles turns out millions, so what ever that is happening with gambling is grace and opportunities, when you have the luck gambling can turn hopeless human being to millionaire and billionaire depends your luck in gambling

Iroh

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Quote from: irhact on December 16, 2023, 02:54:57 AM

I don't believe win slips I see on social media, if the wins are big numbers my doubt increases. Most individuals that win from betting love to stay private so they can enjoy their money and not be disturbed by family members and close relatives for their share of the money won. Also for security they won't come out of the open to announce their victory therefore all those bet slips we see on social media are always altered to attracting gamblers.

I sometimes think along the same lines as you do. Sometimes, I’m skeptical of the outcomes of some bet slips showing big wins I come across on social media.
It’s possible that a lot of these are fakes just chasing clout and trying to get some attention online of being a successful person that plays and wins big. In a lot of cases, these big wins are consistent too that I had thoughts of all that being some sort of scam thats out to get gamblers to part with their money.
A whole bunch of scams and fakes are out there online. Getting harder to differentiate made up stores from the real ones.

dothebeats

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Just going back to this thread again as this was brought up by a friend yesterday. This type of win doesn't usually happen, and you have to be extremely lucky to have all of your bets align and win. One bad leg and your bet is over. It's true that you can be a millionaire with bet builders and parlays, but how much money will you be able to burn before you get to that amount? It takes a lot of time, effort, money, and luck before you get substantial gains from sports betting, that the same effort you spent working yields more consistent results.

Oilacris

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Quote from: Silberman on December 20, 2023, 05:41:04 PM

Quote from: pinggoki on December 17, 2023, 02:43:11 AM

No one in their right mind has said that there's no way that someone can win in gambling, you're creating an enemy and an argument that doesn't exist. What they mean to say is that it's difficult to win in gambling so they just try to simplify it into something which unfortunately makes you and others who agree with your claim get the idea misunderstood. Also, that bet is a parlay and not everyone can get the right bets when you're parlaying because there are multiple conditions that you need to predict correctly.

Correct, after all regardless of how unlikely it is there is always someone out there which wins the lottery and earns millions of dollars by doing nothing, so it stands to reason the same can happen with sport betting as long as a person can hit a parlay with a high enough bet, however even for an expert sport bettor this is too hard, and a person should not depend on that kind of outcome, because even if they were certain to accomplish it they have no idea how long it could take them to actually do it.

When we do speak about betting whether on sports or making those lotteries or even on casino games on which we know that there's always that jackpot thing. So the main thing that you would really be needing for you to be able to hit up those things is to have that extreme luck. We do know that luck factor would be always that main thing in gambling but since we are talking about sports betting on here then it would really be just that fine that you would really be that able to say that analysis and knowledge will really be that relevant when making up some choices.
Somewhat its true that we could only barely to see these kind of hits on which a long parlay bet that not everyone could be able to pull it out easily.

Topic: Who says you can't be a millionaire in sports betting? - page 8. (Read 2315 times)