Quote from: EarnOnVictor on June 27, 2025, 06:27:55 AM

Quote from: Russlenat on June 26, 2025, 07:21:20 AM

Since the only way to win in sports betting, according to those who claim to be successful is to treat it like investing, I think that idea actually makes sense.

For me, the idea of treating sports betting as an investment doesn't make any sense because they are not similar in modality. You are gambling in sports betting. There is no way gambling can be likened to investing. Perhaps, they wanted to say they take sports betting seriously.

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What mindset or approach do you use to treat it seriously, like you're managing a portfolio?

Yeah, the right management is a good one. Having a good gambling pattern and plan that is void of irregular betting and emotion is part of taking it seriously.

it really depends if you gamble just to have fun or if you approach it as a way to make money and take it seriously tracking with precision everything you do and managing risk
it could have things that are similar but many things are different too

what are your best lessons to manage risk and where do you think it's similar and where it's different?