Post
Topic
Board Gambling discussion
Re: Why do 90% of Bettors Lose in Sports Betting in the Long-term?
by
Kelvinid
on 11/08/2023, 14:37:03 UTC

Certainly, the exitence of sports bettors who profit consistently isn't just a myth; it's a reality that can't be overlooked. And yes, it would make a certain amount of logical sense that if someone is successful at one endeavor, they might also possess the foresight to diversify their income sources. Interestingly, the universe does have its way of balancing things out. Maybe, just maybe, there's this thing we can call universal luck. It's not about always winning, but about the universe aligning things in your favor, periodically

However, it's essential - and let me stretch this a bit further - really, really essential, to understand that reinvesting your profits is a sound business strategy in almost every domain, not just sports betting. It shows prudence, foresight, and a pinch of that universal luck, perhaps. Speaking of which, healthy gambling is a topic that can't be brushed under the carpet. It’s vital, super vital, to approach sports betting with moderation and a clear mindset. Not just for the pocket, but for the soul and mind as well

Only a few people manage to make a living from sports betting, and that's alright since overall, sports betting sites still remain profitable. Perhaps, if you're a serious sports bettor, your ultimate dream is to achieve success in sports betting, but it can't happen overnight. We need to approach it as a long-term activity; being a profitable gambler requires consistency.

Some may not believe it's possible because they haven't seen it firsthand. However, we can simply analyze the situation. If sports betting were not profitable for anyone, then people should stop betting. The fact that the sports betting industry is substantial indicates the strong interest people have in making money through sports.