Quote from: Mauser on August 14, 2023, 07:09:21 AM

Quote from: piebeyb on August 12, 2023, 03:12:12 PM

Quote from: len01 on August 12, 2023, 07:53:05 AM

but I understand this condition because sometimes bettors become more aggressive and greedy in wanting to get bigger wins so that the profits from sports betting are not immediately used for other investments but instead are used to bet again with the hope of getting even bigger.

that's something that usually happens to bettors because we as humans still have greedy nature so that every win will never be satisfied and keep on risking the winning money to bet again so we can get bigger money, but in fact most lose in the long run if you still use With such a betting style, the bettor must know when to bet and when to stop betting.

I'm not a hypocrite with all of that, sometimes I also still do things that every time I get a win, I always feel dissatisfied and keep betting again to get bigger wins than before, that's because I also experienced the same thing and had experiences like that, just sharing stories. that every bettor should be able to set targeted wins so that they can withdraw the winning money and use it for investment, then come back in a few days to bet again. it has to be long term

While it's probably true that many gamblers like to increase their betting sizes with their winnings they make. I also think that there are is a large fraction of gamblers that are more disciplined and save some of their winnings. At least for me and most of my friends that like to place bets on sport games, we have a group bet on big tournaments where everybody puts in 10 USD. We have been doing this for a long time and when we win, we still keep betting only the initial 10 USD and have a few beers with the winnings. To me the 90% of people losing seems like a way to high number. There must be many more people that only bet on large tournaments and focus on save bets, where the chance of losing is fairly small. And like you said people that only are using sports bets to make money, will take out winnings to invest them in other things too, for long term profits outside of gambling.

maybe if you bet just for fun without betting every day and only once a month or once a week it does not matter if you increase the bet amount but if you do it every day its very bad for me.
and regarding betting with your friends in a certain group it sounds like pooling money with your friends and when you win share the results fairly. Is it true ?
if that true it fine as long as you use a small amount of $10 and risk with your friends like for fun but to me it seems a bit difficult because in the end it will be greedy again. I mean like myself if I bet with friends to collect money in a certain group and see my friends betting more than $50 I think it looks like I also have to bet more than that and when I lose I will definitely regret it too.