Rule number is very important, some delusional people call themselves professional gamblers, all they do is rely on gambling without having a source of income. Trying to make gambling a source of income is a quick way to poverty. Just like you said anyone that wants peace of mind wouldn't make such a stupid mistake, gambling can't be a business or some kind of investment. it's a game of chance and luck.
Indeed. It can't be a way to earn stable income since many gamblers are not fortunate to win. But some of us are not thinking and still risking their money for the hope it is the answer to become rich. Gambling is a game of luck and only few gamblers had a life changing win through it. It's not wrong to try but don't expect too much to the point you'll use your money (that you can't live without) just to try your luck. Thus, before playing, be aware of the risk so you can prepare yourself.
Only few can take advantage, as we all know that most gamblers become greedy when they start to feel the confidence that they can make money from the casino, unable to realize that it's just a tactics that casino do to bring them in and keep them gamble, along the way casino is a business and they plan it all along and they knew gambler will be out of luck and after that they will just continue collecting money from each gamblers that will use their services.
would you say that confidence is an enemy of keeping what you earn?
I think it's a mix because confidence could help you make a big multiplier but you also need the self respect to pay yourself and put the money in your pocket
otherwise you'll just keep gambling and never leave the casino, which is far from ideal too, having a life and pursuing other things besides money is a healthy way to live
I don't think that confidence has a role to play in winning confidence only increases your losing rate because gambling is not something that you can be confident about when betting confidence only kills you at the end by making you to lose money in the process what keeps people not to use all their earnings in gambling is self control which to me is the most important thing to look out for because anyone who can't control himself will always regret at the end of the day.
Been confident in gambling is like putting hope on gambling which is not supposed to be because putting your hope on gambling is not supposed to be looking at the rate of gambling addiction population a good number of that population puts so much expectations and confidence in gambling that is why they are battling with gambling related addiction
let's say the 1st players in a championship, after 8 games winning, will play against the last player in the championship who lost 85% of the games they played
wouldn't you be confident that the first would win, and even raise your bets on this specific game?
I think confidence can play a role in sports betting, as it does in trading too
but I agree that there are way more important things than hope when betting, process, analysis, and even luck are some.