We always read the words "Don't bet more than you can afford to lose", but are we really following that safe principle in gambling?
So, I have a question here, if you are earning like $2000 a month, how much are you willing to gamble that you think you can afford to lose?
Please use the amount as a basis for your answer.
If I needed that 2k a month for expenses, bills, mortage or rent and car payments? I wouldn’t use any of it for gambling. Not sports, not poker, nothing... Here’s the thing, if you want to take gambling, sports betting or poker more seriously then you should have a separate bankroll for all your gambling stuff and have at least 6 months worth of savings for monthly expenses.
But if you’re just gambling for fun... Just use a 50 bucks at most per weekend, split them 5 ways per bet in different events you enjoy... Better yet, just bet them on degen parlays. A full card parlay in a UFC event could win you 60k for a 10 dollar bet if it hits. Lol.
It's a shame to see but you cover a few good points, most casinos target the lowest income earners in society and they often times fail to comprehend the simple mathematical odds that will work against them in the long run. For every 100 people betting, 99 will lose but one might bounce above break even or even strike a reasonable win, but ultimately they surrender that money back to the house in a never ending carousel ride. If you want the thrill of winning big, you'd be better off just playing the lottery once or twice a month where the odds are still hugely stacked against you but their is an ever so tiny possibility that you'd at least win a life changing sum of money - instead of a few hundred, maybe thousand, which won't change much.