When your mindset about gambling is just for entertainment, you can’t really expect to win.. just my observation. Because when I’m not serious about it, like when I treat it lightly especially in sports betting, I don’t study the games before placing bets. I usually end up losing more. I don’t lose big, but if you look at the record, it’s not profitable or even close to break-even.
But when I start believing that I can actually be profitable, that’s when I do the work. I study the games before betting, and that’s when I start getting better results.
Well, that's the downside of it when you have the mindset of gambling as a form of an entertainment rather than a form to make money. Even you think that gambling is a form of entertainment, you still have a chance to win. I mean if you're mainly focused on sports betting and you have at least some knowledge on the sport you're betting, that could help you win still. I have done it in the past, but of course, I always end up losing.
I don't see gambling as a way to make money, and there's nothing wrong with it. Not all gamblers have this kind of mindset though because I don't want to stress myself studying and analyzing things when in the end, I still lose my money. Losing in gambling for me is pretty much normal already since I treat my gambling funds as "lost funds". Having a mindset of gambling = entertainment doesn't mean that you will not try to win still, but having that kind of mindset for me means that if I lose that money, I'm still okay with it because I enjoyed watching those games while putting some bets THAT I CAN AFFORD TO LOSE.