Frankly, sportsbetting is hard. We can do analysis on a game whether a team will win or not but the bookie for sure has the more experienced people behind it to make the odds is a bit harder for us to pick.
Bookies always have an advantage thats why they are making the plays. Again many matches are fixed like anything and you cant win those matches simply by taking into account the past game analysis and prediction.
As I see in my real life, there are many people lose their money in sportsbetting just like in any other type of gambling.
It is just another game of chance. Nobody said that gambling on sports is not going to be the same as the dice with 50-50 chance. It is EV+ surely but there is always the risk of loss.
Sports betting are widely used throughout the world. Most of the gamblers bet on different games even in streets and the bet price is very small because most of the betters are not professionals. Two people bet on a match and one wins at the end and thats all. This thing has increased the level of sports betting which is not good for new generations.