Is it really true that if someone want to earn big from gambling he need to make a higher bets? Yes he can also loose but if he is lucky enough he can earn big amounts too. People can not make profits with lower bet amounts like .05 etc. you need a higher amounts bets.
Actually, betting more is more likely to lead to poverty than wealth! LOL One should never wager more then the odds and the expected return suggest. Bankroll management is the most vital skill to master if one wants to take gambling seriously. It is especially a bad idea to bet more when the odd are not in one's favor.....BAD IDEA!
This is correct the problem is in all casino games the odds are against us and there are only a few games where you can have the odds in your favor like in poker.
better to bet low amount but win it slowly , steady and consistently.
rather than to gamble on high amount and lost it in just first shot , it is hurts. nothing easy to become rich especially in gambling , there is a lot of challenges and yes to be able to bet low amount and win consistently you need to have a bankrollmanagement skill.
But you will never get rich this way. Try to think of the scenario:
You are betting in bitcoin at 0.001 BTC per round. How many round does it need to get to 1 BTC? 1000 rounds right? Assuming all is win, but we all know that losing is more frequent to occur than winning. Even if we say you are good with Sports betting, and you bet 0.005 per game, of course you need 200 games to win, and that will take sometime. After reaching those, you will only get 1 BTC, is this enough to make you rich today?
If you want to get rich in gambling you need to stake higher amount, else you are playing the government lottery.
In order to profit from sports betting you need two things big skills and an even bigger bankroll those that profit from sports betting don't bet mBTC they bet full BTC sometimes in the ranges of 5 to 10 BTC per bet.