Quote from: goldkingcoiner on July 12, 2023, 03:58:46 PM

Quote from: Youngkhngdiddy on July 08, 2023, 11:37:26 AM

Those who are experts in gambling would tell you that you're not guaranteed a 100% success rate no matter how skilled or how well you might cliam to have studied the game even though you're a sports Analyst or well informed in a particular sports, gambling has it risks and rewards and most times the risk is greater than the reward, I'll say it's on a ratio of 60:40 that's 60% loss compared to a 40% in winnings, most people newly introduced to sports betting have had several trials yielding losses before they attain jackpot, but it varies because some people are very lucky when it comes to gambling.

About yesterday I came across a friend looking so depressed and sad and tried to interrogate with him then he said he felt like giving up in life and i asked why, he said he used about 80% of his savings to stake on a particular football game and lost, I felt so pity for him and had to encourage him with some advices.

Though I've had losses in gambling but I've never had such a sad one like he's, I was introduced to gambling by a coursemate in college who won a jackpot, thought I lost in my first three trials but played again and won about 80k in my local currency, there are people that's made millions through gambling and some others are yet to win but still find it difficult to quit, share your experience if you have any whether good or bad, cause I believe there are people here who would learn from it.

The biggest problem with gambling is the people who go in with no plan, no strategy, no limits and no risk management and they think that they will get rich in one bet. Well, life does not work like that and neither does gambling. Your friend used 80% of his savings on one bet? What did he expect? I would not even have used 10% on a single bet. Stretch out your bets and you stretch out your risk. And never bet money that is important to you.

No matter how good you think your prediction is on a certain game, never let it emotionally influence you into making such large bets. It is never worth it, in the end!

Of course, I have made the same mistake and not only once, so I am no better. But I have learned from my mistakes since then. Now I follow a strict plan with loss and betting limits.

You're right because going into gambling without all this qualities is like going into a wild goose chase because you'll end up losing more and making little or no profits, nobody is said to be a gambling expert from birth, i take a gradual process to matter the act of gambling and come up with good strategies, so it's a good idea to learn from experts as well as taking note of their mistakes and learn from it as well, because being an expert doesn't guarantee that you ain't prone to mistakes, in gambling one wrong choice can make you lose a very huge amount of money so learn and develop new ideas.

Nobody is above mistakes, but there are some people that refuse to take not of their errors they keep on making same mistakes claiming there are chances they'll profit from it some day, and they forget that the more you wait for those chances the more you lose more money because you don't bet for free, so instead regularly loosing money why not come up with other strategies, try new methods or other sports you're familiar with and bet on them. Instead of hoping on your mistakes.