If you had the chance to choose your own journey to be profitable in sports betting, which path would feel easier and more satisfying for you?
Let’s say you already have a decent bankroll, around $5000. Now, assuming you can raise that amount or you consider yourself already a “pro” gambler, would you…
1- Aim aggressively for 100% profit per day (double up fast but with higher risk)?
Why aim aggressively when I can easily get to lose the money with one wrong move. The goal is to hit the jackpot one day but risking more than what we can afford to lose makes us a failure just even before we embark on the journey. Risking to earn 100% profit should at least come when you’ve made more than enough of your capital and will want to risk all in to hit the jackpot.
2- Or take the more conservative route and target just 10% profit per day, slow grind but safer?
What would be your goal profit in this case? Do you think consistency matters more, or is going big worth the risk when the opportunity is there?
Curious how the community here would approach it.
I will go for this because it is the best and safest approach one can use to remain in the game for far too long. The chances of winning are not much, to get to win at least once in a while is to stay consistently playing. Aiming for 10% daily and risking only 2% is a good bet that will make you stay profitable in the long run maintaining a good risk management. And for every time a win comes, it covers for five losses which is a good risk management to be employed.