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Author Topic: Why most of us are losing money in sports betting?  (Read 1339 times)
Japinat (OP)
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November 04, 2020, 11:00:45 AM
 #1

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.

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November 04, 2020, 11:11:58 AM
 #2

managing your bankroll well would be really helpful if you want to minimize your losses try just to bet with small amount the risk is low but also the profit is small but at least you still have a profit.

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November 04, 2020, 11:15:52 AM
 #3

There only reason we are losing is either we are in bad luck or we did not analyze well the match and the team. Honestly there's really no assurance who would win even the other team has the higher odds there's still a possibility that they are going to win.

What I do to minimize my losses is that I'm not thinking the how much did I lose since when I started thinking and counting it I ended up trying to recover it which leads me to more losses.

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November 04, 2020, 11:16:28 AM
 #4

This is my personal experience:

Say I deposited x BTC. I placed a bet with some money and won it. I have now 1.25x BTC. Let's say I keep winning and make 2x. In the next bet I lose half of the balance I have and now I am back to my initial. Again keep betting and winning makes a total of 3x. Now betting and losing and betting and over all my balance is 1.5x. Keep betting and at some point you have 0.5x. Again keep betting and win some and you have 0.75x. Keep betting and now you have 0.1x BTC. You are nearly lost everything so you gamble with whatever left and loss all.

See here - actually you own, you won several times. You even tripled your investment but you never pulled the trigger or never did the money management.

In gambling a gambler lose because he does not know when to stop and where to stop for a day. He does not have a good money management knowledge. He keeps gambling until he lost the initial. Greed plays the major role. In fact the entire gambling industry is standing on the only one human characteristic which is "Greed of making easy money"

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November 04, 2020, 11:18:44 AM
 #5

managing your bankroll well would be really helpful if you want to minimize your losses try just to bet with small amount the risk is low but also the profit is small but at least you still have a profit.
I would like to add that you also should bet on the teams where you know the performance of each player and its coach. You also should know that odds will not be on your favor unless you are a bookie. Do not bet a lot in games, remember that once you lose, the money that comes with it will also lose, this helps you to psychologically trick your mind to regret spending that amount of money in betting which could result in you minimizing the amount you are betting. If avoidable, try to go to for physical sports betting instead of online, assuming that you also gamble with fiat, this helps you to also mitigate the money that you will lose because you will see the physical manifestation of your bet via cash instead of numbers in a website.

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November 04, 2020, 11:37:22 AM
 #6

I only lose if the mechanics has lots of requirement to be fullfilled before winning.
So one of the reasons of a loss is maybe the game difficulty. My suggestion pick easy betting sports bookies, like OneHash or Sportbet because you only need your team to win and that's it. Then you'll get instantly get paid.
this was a simillar complain to those who play for the signup bonus but we aint talking about the bonus and i understand that you arent pointing to them but what was that site where their sportbetting has an unusual rule ? supposed to be a betting site will let you win once the team or player that  you pick win unless if its a multi bet where you need to win a couple if games before you got paid .

to @op thats a common event and this dont only apply to sport betting but on any type of gambling  as well . we loose because there is called an edge in gambling but with the right knowledge and skills , we can somehow beat the edge for a short period of time .
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November 04, 2020, 11:47:15 AM
 #7

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.

I think that I am lucky since I have won few competitions and generally have a positive balance in my preferred sportbookie.
But I am playing since a lot of time (15+ years). I didn't generate "WOW" wins but mostly of my bets are conservative and played below @2 odds.
Best suggestion I can give? Play live with exchange only single match. Play only if you are very confident, mostly it's not luck.
Every win is a win, even with a small pot, or you accept a cash out option.

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November 04, 2020, 11:53:17 AM
 #8

I think because of the lack of discipline, we need to learn how to manage ourselves when we are losing or we are winning so we will not be in trouble in the end. Being greedy is one of the big reason too, why we are greedy? because we lack the discipline to implement our game plan, and if we don't have a game plan, most likely we will lose in the long run as we are sailing without a map.

It seems like it's easy to say TBH but in reality it's hard to implement it in action as our emotion or ourselves is our biggest enemy.

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November 04, 2020, 11:54:14 AM
 #9

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.
You have to realize that no matter how long you bet or gamble, you will end up losing more than winning and all without realizing it.
Learning from mistakes and what to fix when you are gambling and playing casually will allow you to play carefully and thoroughly, and do a good analysis before betting and follow your heart after you have analyzed because sometimes your conscience will bring good luck.

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November 04, 2020, 12:00:52 PM
 #10

I think because of the lack of discipline, we need to learn how to manage ourselves when we are losing or we are winning so we will not be in trouble in the end. Being greedy is one of the big reason too, why we are greedy? because we lack the discipline to implement our game plan, and if we don't have a game plan, most likely we will lose in the long run as we are sailing without a map.

It seems like it's easy to say TBH but in reality it's hard to implement it in action as our emotion or ourselves is our biggest enemy.
All people are lacking the discipline because obviously we are human and the wants of the human is unlimited meaning it is infinity so that when we are winning in a betting game or in a gambling we are encourage to bet again a huge amount in a chance to win huge also, and the cycle goes by. This probably the reason why many people are losing money in a sports betting game and in fact not only in a sports betting because there are so many people who are losing on E-Games also.



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November 04, 2020, 12:05:29 PM
 #11

I think you need to stop gambling if you realize that you are losing money more than you win. It is not good for you, especially if you want to stop gambling as soon as possible before you are late to stop it. But you can minimize losing by having limitations in every bet you place so that you can avoid the big loss. I don't know what tips to win because that will depend on how you can collect more info to analyze which teams or players can win.

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November 04, 2020, 12:11:01 PM
 #12

There's not tip I could share to increase your winning since every game have different ways to analyze but I think I could share some tips to minimize your losses. I think you should do like a martingale betting wherein you can try to bet a small amount and if you lose try to double it with the odds of 1.5 and above.

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November 04, 2020, 12:13:09 PM
 #13

I think you need to stop gambling if you realize that you are losing money more than you win. It is not good for you, especially if you want to stop gambling as soon as possible before you are late to stop it. But you can minimize losing by having limitations in every bet you place so that you can avoid the big loss. I don't know what tips to win because that will depend on how you can collect more info to analyze which teams or players can win.
maybe that is why He created this thread to ask for strategy or other option to win as He really admitted losing in Sportsbetting.

Maybe He loves to Just Bet and not for the team He really knows?

or betting in games He don't fully understand?

because the way i see things here in This section,most of gamblers claims that Sports betting is the safest form of gambling compared to Luck based and other gambling games.









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November 04, 2020, 12:25:59 PM
 #14

For me and probably most of the people, it's emotions. I've tried and found that following expert pics that are available for free on the forum or over the internet would make you positive in the long run. But I'm never satisfied with what I get and my emotions take control over any rules I make when I'm either betting for my favorite team or in a longer losing streak. Martingale too works much better in sports betting but people don't have a patience as much as when they dice.
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November 04, 2020, 12:37:32 PM
 #15

You will surely have many different replies to your post, in my opinion, it will surely depend on peoples luck and if this is sports betting research is the key to making large percentage in winning every game or matches and I think managing your bankroll and lessening the money in getting into gambling may not improve your winning but may lessen your money loses, people will have a different opinion when it comes to sports betting it is a matter of handling decisions.
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November 04, 2020, 12:39:36 PM
 #16

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.

If you are betting to much on the teams you didn't familiar then provably this will be the outcome of your bets, but I'd you only bet on the one you are familiar and focus to search more about the league then a higher chances for you to win.

But sometimes we can't deny the fact that bad luck sometimes hits and so if you feel you are starting to lose just stop to minimize the damage just bet next time when we are relax to place your bets again.

R


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November 04, 2020, 12:54:14 PM
 #17

The only advice I can give is once you won don't try to enjoy those winning and don't be greedy since once you win I am sure that you still wanted win more isn't well in fact that is not good and might ended up losing and once you lose you will be thinking of recovering those losses and might lose more.

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November 04, 2020, 01:48:17 PM
 #18

Because of an ambition or overconfidence. When betting on sports in a match where the team we believe will win is easy so that we are overconfidence in betting, so we ignore several factors that might at that time the opposing team have a slight advantage to win. Things like that at least often happen, I think there are no specific tips to minimize defeat because in gambling itself is a game of luck, so the most important thing to realize is not to overconfidence because it might become a blunder.

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November 04, 2020, 02:54:03 PM
 #19

Basically what caused gambler lost of money during gambling is the lack of management. Most gamblers careless about what they are winning or losing, sometimes when we win we tend to continue the games until we loss everything again which bring us back to step one. If we gamble with the mindset of management of funds then losing money won't be a bad type.

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November 04, 2020, 02:58:24 PM
 #20

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.
The most obvious answer is we are losing because the house edge, after all it is known that no amount of money management strategies or betting patterns are going to change the probabilities of winning and losing, so the house has an edge over us and unless we can overcome with our own analysis we are going to continue to be losers, and I have yet to see someone sharing their strategy to be a winner in sports betting, and while there are some out there most of them depend on using arbitrage to make profits and I have yet to see one that can bet the house by just using their skill.
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November 04, 2020, 03:38:26 PM
 #21

We have different reasons why most of us often lose in sports betting but I think one thing that will help us to win is to get to know more about the sports or the team you are planning to make bet on so that you can analyze further before betting. But if you are continuously losing, It's not about the sports anymore, it's more about how you manage your money in betting. It's a big factor to monitor your money like how much you are already spending or losing to avoid further losses.
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November 04, 2020, 04:03:28 PM
 #22

One reason I see is because we think that we know a certain game so much that we even bet on tier 2> teams with little to no performance consistency. I am guilty of this, especially in esports betting because I mostly base my bets with the most recent matches of teams that are participating. That's where I usually draw my reasoning over which side I should pick and consider the safest, only to end up losing the bet and trying to do the same thing over and over again.

Most of us try to gain so much profits in so little time that we end up visiting markets and events that are way beyond our understanding, which ends us as losers ultimately. You can tie bankroll management with this as well, as you are putting more money into more useless, shaky events instead of betting consistently on events that you are more familiar with.

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November 04, 2020, 04:11:55 PM
 #23

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.
I'm winning some bets and losing others, but mostly losing on average, even though not by a high margin. I think that it's at least partially related to the fact that I'm not a pro in sports. However, I've seen people who seem good at sports, but often have these losing streaks (but maybe their overall balance is actually positive, I don't know), so I'm not sure that's it. I guess one is almost bound to lose because there are many unpredictable outcomes in sports. But I also think that if a person really knows the sport and also has betting skills and strategies, it's possible to win more often than lose, thus earning money this way.

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November 04, 2020, 04:20:31 PM
 #24

Sports betting also requires a bit of research, not to the techniques but to the team or player you are eyeing into. Basically they are conducting trainings, and their match history is also available for you to research. Every game has different mechanics and from that, you can extract the advantage of the players against each other, the same way as their cons. Though this method is still risky, what is important is you are trying to lessen your chance of loosing by choosing the best team/player.
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November 04, 2020, 04:24:07 PM
 #25

Basically what caused gambler lost of money during gambling is the lack of management. Most gamblers careless about what they are winning or losing, sometimes when we win we tend to continue the games until we loss everything again which bring us back to step one. If we gamble with the mindset of management of funds then losing money won't be a bad type.
Gambling is not about management at all, it is about mindset and mentality, no matter how someone knows how to plan very well, if he is addicted to gambling, he will lose the more. The betting sites are not for frequent use, only for money we can afford to lose. Assuming, I am collecting $500 monthly, if I want to bet, all my betting funds will not be more than $25. With this, I am not addicted, anyone can be lucky in gambling.

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November 04, 2020, 04:48:09 PM
 #26

For starters sports is not a guaranteed thing, it is based on people and not technology, when you gamble on a dice game with 99% win possibility you know that 99 times out of 100 you will win, and even though it is "technically" possible to lose 100 times out of 100 times with a 99% chance of winning, that is probably lesser chance of happening than getting hit by lightning 100 times back to back.

However sports is not like that, when you gamble on a sports game you end up gambling on something depending on a human and from emotions to mood to fatigue to basically everything could affect something. So, one day an amazingly good team could play a relegation level team but the amazing team could have a bad news or a fight or a drama and could end up losing very easily.
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November 04, 2020, 04:56:29 PM
 #27

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.

Comparing of percentage of losers to those who do gamble with sports betting than to those who do play with luck based games is much more lesser.Well, losing is inevitable but all
will vary on how you do deal with sports you've betting on.We know that this do require sufficient knowledge plus having the skills on making up decision then it is something
where people can really have the edge on.If you do find yourself in the losing side then why not try to make up some shift when it comes to your predictions?
Its still modifiable and can be change and if you do see that you are at least making profits then better stick with it.

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November 04, 2020, 04:57:31 PM
 #28

Honestly, I feel you, bro.  Grin
I have been losing a lot in basketball sports betting but thankfully, I also got lucky with some of my bets.
x18, x4, x5 odds. I take some of those bets just to equal the losses that I made.

That is just my strategy and nothing more.
Just look at the stats history of players and put an impossible bet sometimes.
If it wins, great. If it loses then come back next time.
Somehow, it works for me.
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November 04, 2020, 05:14:00 PM
 #29

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.
Maybe you are betting on the games on which you are not sure about the results of them so you are losing more than you win and also people bet on their favorite team all the time but it doesn't mean our favorite team will win all the times so we have to bet on the better team not on our favorite team.
Gamblers will lose more instead of gaining because they are trying so hard to win despite of the lose streaks they had. Instead of earning money, they lose more. This is the main reason for me that's why I don't play gambling most of the time because I am afraid to be an addict. Once your an addict already you can't get enough to play as long as you aren't winning.
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November 04, 2020, 06:40:26 PM
 #30

I have different perspective.
IMO, people loves sports betting because they love that kind of sports.

For example, me.
I love football, so I bet on football matches.
Sports betting outcomes is depend on the match, not a computer calculation.
We need to analyze it, or sometime we just bet on our favorite team because you have emotional engagement with that team even we know that they are not performing good at that time.

As a football lover, sometime our ego drive us badly.
We think we know better, can analyze better, and over believe in our favorite team.
That’s not good.

Yeah you know that’s bad, but you just can’t stop.
Because sports betting is entertaining.
And it’s even more entertaining when you watch the match where you place a bet.
Adrenaline rush, drama, emotional explosion, all in one, .... sports betting.
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November 04, 2020, 07:17:08 PM
 #31

I already quitted sports betting few months ago, won decent bucks gamble it again then lose it all. I used to bet on baseball and basketball before, better that I stopped it. Maybe I will comeback and bet some good amount but definitely not making it habit we know the nature of gambling.
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November 04, 2020, 07:35:40 PM
 #32

One of the ways to minimize loss is just conceiving the idea that you already have @OP and that is, being an ordinary gambler and not to take the gambling to heart or as a must win thing. It's very important and not the odds or games you bet on. To a far extent, it controls how frequent you visit bet platforms and wlonce that is in check, it means your betting habit is at a minimal and so does your loss.
So, it not all about having high or low stakes or the leagues or pattern your bet assumes but how frequent you rush to go and lose matters as well in a way to checkmate loss.
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November 04, 2020, 07:36:45 PM
 #33

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.
Maybe you are betting on the games on which you are not sure about the results of them so you are losing more than you win and also people bet on their favorite team all the time but it doesn't mean our favorite team will win all the times so we have to bet on the better team not on our favorite team.
Gamblers will lose more instead of gaining because they are trying so hard to win despite of the lose streaks they had. Instead of earning money, they lose more. This is the main reason for me that's why I don't play gambling most of the time because I am afraid to be an addict. Once your an addict already you can't get enough to play as long as you aren't winning.

You wont really get addicted if you dont let yourself do fall into it and it all depends on gamblers treatment towards on gambling games if he do make it as a form of entertainment or
do make it as an entertainment without minding on how much he had spent on it.

You wont get to the verged on possibilities on shackled up with those kind of desperation of chasing losses or trying to break even.Losing cant really be avoided and its always been part
Thing here is that you do enjoy on what you've been doing yet sports betting will particular talk about into your favorite team or player.

If you losing that much then better stop and then try to check out on whats wrong into your analysis.

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November 04, 2020, 08:15:31 PM
 #34

Not a heavy gamer but just like you OP I also in a losing side, sometimes I got lucky but more on greediness side, I lose it back after some day or worse some hours after withdrawing the funds.

Thinking that luck still at my side I play back and that's it, realizing things after everything got busted sometimes only those winnings but there also time that I will lose everything together with my bankroll all busted.

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November 04, 2020, 08:19:34 PM
 #35

Well losing is part of gambling, we can't just win every time. If someone is winning, then definitely someone is losing and the houses are just making from edges. But there are some factors which might contribute in either winning or losing in a game that you should look for, maybe money management? are you a greedy type of bettor? high roller? that kind of stuff. In sports betting, it's all on your view of the game.
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November 04, 2020, 08:58:05 PM
 #36

Not a heavy gamer but just like you OP I also in a losing side, sometimes I got lucky but more on greediness side, I lose it back after some day or worse some hours after withdrawing the funds.

Thinking that luck still at my side I play back and that's it, realizing things after everything got busted sometimes only those winnings but there also time that I will lose everything together with my bankroll all busted.
This what makes us more lose when we keep playing even the luck is not on our side. There were times we keep trying to bet thinking that we know what we actually doing since we know the team and the game but sometimes it's still not enough, so whenever I bet now especially this Pandemic I make sure I know the game and I am a fan so if I don't win it's just a simply support to the team, which I still hope to win offcourse.

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November 04, 2020, 09:01:31 PM
 #37

The gambling institutions are experts at what they do, it's hard to stay in business for very long if you aren't making a profit. That means they will naturally gather as much information as possible, that gives them enough of an edge across any market they offer, that they will make at least a tiny profit from it in the long term. They have all sorts of little tricks which give them an edge on the odds (such as live feeds from sport matches which will always be quicker than you can place an in-play bet) or having a 10-second time delay when placing such a bet. The odds also have a "buffer", or "spread" which will give the bookmaker a small margin of safety if they make a slight miscalculation - they don't offer you the very best odds that they could, because that partly adds to their profits.

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November 04, 2020, 10:45:20 PM
 #38

Most gamblers got fueled to gamble more if ever they won. It is likely they are doubling their bet in the next bet as they think that they can double their winnings as well. And the other big mistake is that chasing those losses to recover in the next bet.

I a casual gambler as well and that OP has said is the real thing that it happens in gambling. Gambling can't be just a winning, not totally a place we think that it makes us become a millionaire, not a place that we think we can make double, triple our money but this a place for entertainment and possibly we gonna lose more than of winning.

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November 04, 2020, 10:51:24 PM
 #39

I believe there is an appropriate one-word explanation for the reason: greed. Greed is one of the key factors that plays a big role on this situation. When you lose the control of yourself, you don't want to stop until making a really good profit or recover the money you lost. This can cause you to place very bad bets and lose more money.

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November 04, 2020, 11:07:46 PM
 #40

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

We lose because, in the end, sports betting is gambling.

The reason why we lose depends on each gambler.

-There are people who lose because they just following tips to others.
-There are also gamblers who like to just bet on high odds expecting big in return. And there are gamblers that don't have patience so instead of betting in moderation, they gambled at several bets in a day.
-Upset happened at sports most of the time
-Even with knowledge, it's still hard to make an analysis.
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November 04, 2020, 11:14:10 PM
 #41

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.

I think people who have been losing money in sports betting especially soccer complain is because they play on many games at the same time. This can be a big problem that can make someone to lose but a single game has a better chance of being accurate bet. Maybe if you are going through that in your betting, you now see what to do.
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November 04, 2020, 11:22:27 PM
 #42

Since I am not a professional gamblers, maybe the tips I provide are not effective for some people. According to the results of my
investigation, most people who lose money in sports betting are because they don't manage their bankroll properly. And do not
properly research the selected matches, and result in inaccurate analysis results. So do some in-depth research, so you can analyze
the match properly. And prioritize choosing a strong team for large betting amounts, for some matches where we are not sure about
the outcome, always use betting in small amounts. If you still lose a lot of money in sports betting, even though you have done everything
right, chances are you are at a bad luck.

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November 04, 2020, 11:29:30 PM
 #43

Maybe one of the things that make us lose when doing sports gambling is that we don't really understand sports gambling. We sometimes just follow what is booming and it is considered easy right now without having a strong foundation. In that sense, sometimes it only relies on luck compared to the knowledge of the sports or the strategy used.

losing is common in gambling. However, if you lose more than you win, I think it needs to be evaluated in managed funds and also risks. Moreover, sometimes when gambling, we cannot control ourselves to stop because we have just experienced immortality. Or we often feel like going on without reviewing how much money we have spent.


R


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November 04, 2020, 11:49:20 PM
 #44

You said that you already gamble for years, so basically you should know that sports betting or any kinds of gambling games have a small chance to win them. Besides a small chance of winning, yes you must set a target when you must stop. You don't lose your self-control to catch your losses, and you don't be so greedy to get more money once you win. This should be noted by all gamblers unless losing all money severely and regret it at the end.

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November 04, 2020, 11:57:20 PM
 #45

I guess in my case, I don't actually think where to bet or where to put my money since most of the time I just bet on a team or a player that I support or follow. Another thing is I guess bad luck as even though we put our money into a team that has a higher odds of winning, it still tips into the team with a lower possibility of winning.

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November 05, 2020, 12:01:22 AM
 #46

Sports betting is we can say a little bit easier to predict compared to other gambling games you can play. By knowing teams involve you can have a higher chance of winning your bet. But from what I have experience and I noticed from some of my friends, they are good at analyzing match ups but they often go with the high odds team for the chance of more winnings. I think aiming for bigtime win which makes most of the people lose money on sports betting, they want an easy big money even though the odds are most likely not to happen. That's what happened to me, betting on super high risk high odd games and eventually losing it all, if you want to earn money from sports betting you need to have a lot of patience and control over your money.

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November 05, 2020, 12:12:20 AM
 #47

Most of us don't know where they can gather the data needed to select the right team. We follow some tips, website, telegram channel, and else, but we don't know how to analyze every info we got, so we made the wrong choice. Sometimes, we feel overconfident with what we choose, and we have a big hope that the team can win easy, so we place big bets for that team. Or we place multi bets for some teams, but we don't know if that is right or wrong to choose them.

To minimize the big loss in sports bets, you can place the minimum amount allowed on that sports bet website, especially if you don't have much info about the team and want to test your luck. Money management will be necessary for this way so that you can avoid the big loss.
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November 05, 2020, 01:27:33 AM
 #48

It's not bad luck or by chance but its really true that losing has a higher chance than winning I think, the gambling operators will not invest a big amount of money if they know they will lose, as you can see, there is only a few wherein people go home with money in their pockets, most of the time banker wins, if you calculate for example in any game there are lots of choices and combinations to choose from which the chances are slim, and only luck will be on your side.

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November 05, 2020, 03:08:36 AM
 #49

Share some tips to win or to minimize losing?

1st tip: Don't be greedy always even if it's sportsbetting.
2nd tip: Put a loss limit on that day you will bet on multiple games.
3rd tip: Set a minimum bet per game even if you feel confident.
Last tip: Separate your profit always. For example you bet 0.01 then you win 0.011, exclude the 0.001 from your bankroll.
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November 05, 2020, 03:25:45 AM
 #50

Honestly I have some working systems but I lose when I be greedy and play with my heart rather than my mind. I think I have really good systems based on mathematical analysis and statistics. When I use them I usually win. Either those winnings are not fulfill my greed or I couldn't be patient. That's why I lose -when I lose-, these are old times though. I only play for fun now, I don't have big expectations. I used to gamble a lot and lose a lot. Overall probably I'm still negative but I handle my greed and don't go down more. Grin

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November 05, 2020, 04:48:50 AM
 #51

I can relate it, I have been losing money in sports betting at my early days and what i learnt? The reason are quite simple though...
- Use money that only you can afford to lose, don't chase over money.
- Keep avoid to follow the betting tips and predictions of some random people.
- Don't be influenced by others result and take it as fun.

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November 05, 2020, 05:03:07 AM
 #52

I can relate it, I have been losing money in sports betting at my early days and what i learnt? The reason are quite simple though...
- Use money that only you can afford to lose, don't chase over money.
This is a basic requirement.

- Keep avoid to follow the betting tips and predictions of some random people.
The logic is very simple, if these people are winning, what are they sharing their picks?
if you have thought of that, you'll never gonna follow their bets or avail their paid services.

- Don't be influenced by others result and take it as fun.
Yes, but take it as fun, I don't think it can always be like that, I mean we are serious in gambling, we should seriously take it, like a job or a profession where our goal is to succeed.
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November 05, 2020, 05:08:04 AM
 #53

You're not the only who experience to often lose than to win. Though in my experience on sports betting, I already won few times with good amount. Its because I have knowledge about the competition and the both team that will play, so I can predict what team is likely to win for that particular game. I think its one of the strategy to maximize your chance to win, having a knowledge is an edge when it comes to sport betting. Dont be greedy too, if you're not lucky at that moment then stop and refrain from playing dont chase your losses. Then if ever you win dont try your luck again instead enjoy your winnings and stop for a while.

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November 05, 2020, 05:12:00 AM
 #54

You're not the only who experience to often lose than to win. Though in my experience on sports betting, I already won few times with good amount. Its because I have knowledge about the competition and the both team that will play, so I can predict what team is likely to win for that particular game. I think its one of the strategy to maximize your chance to win, having a knowledge is an edge when it comes to sport betting. Dont be greedy too, if you're not lucky at that moment then stop and refrain from playing dont chase your losses. Then if ever you win dont try your luck again instead enjoy your winnings and stop for a while.
Know is the most important thing we should have when we are gambling, but most of the time we still lose despite having that knowledge. So you are saying that you are already up with your overall gambling journey? From the start until now? If you have sort of record book, you'll know that.

Anyway, it's really true that majority of the sports bettors loses money, one reason is only few are really serious or they are taking it as an investment, other's are treating it for fun, so they enjoy but still lose in the long run.

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November 05, 2020, 06:56:13 AM
 #55

Most gamblers got fueled to gamble more if ever they won. It is likely they are doubling their bet in the next bet as they think that they can double their winnings as well. And the other big mistake is that chasing those losses to recover in the next bet.

I a casual gambler as well and that OP has said is the real thing that it happens in gambling. Gambling can't be just a winning, not totally a place we think that it makes us become a millionaire, not a place that we think we can make double, triple our money but this a place for entertainment and possibly we gonna lose more than of winning.

Winning once in sports bet awaken and energised one persons interest about it and that's the reason why sports bettor are being to engaged into it and this is why greedy emotion arises too in my own opinion. And its true that from its first win sports bet they double or triple their bet of course aiming for a high return of investment. And this is what a greedy mindset start to fire back to the bettor that leads him to its failure.

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November 05, 2020, 07:19:51 AM
 #56

We lose because, in the end, sports betting is gambling.
(....)
If there are losers, there will be also winners for sports betting for me, this is not like a casino which some people always said: "The house is always the winner".
I believe that sports betting or gambling is a really difficult way to earn money, but what I see in sports betting, it really needs your time, efforts to analyze or having good risk management also even though it is gambling.
I don't agree with "most of us" are losing money in sports betting, because if you lose, there is someone who won.

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November 05, 2020, 08:00:58 AM
 #57

I'm very successful when it comes to football gambling I'm not saying I'm rich but I've been able to reduce my losses with my little techniques of a little odd, big stake. It pays with time you only need to be consistent enough.
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November 05, 2020, 08:10:55 AM
 #58

The reason most people lose money on sports betting is because they have no knowledge of gambling in greed they jump to make more profit then they lose more and lose everything in case of betting you have to have a good idea about the game even if it depends on your luck. Gambling is quite reasonable you have very little chance of winning in the long run because gaming companies keep their margins gradually you have to master its techniques and move forward.
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November 05, 2020, 08:11:57 AM
 #59

quick question:

do you want people to tell your strategies?  Grin

let the banter go. I will tell you about my humble experience (I am a novice, I am only in sports betting for 1 year and 2 months):

At the beginning I did the following:

I went to the premier league and chose all the games and analyzed them based on what I learned on youtube and google, and when the round ended I lost more than I won... I did the same thing for the Spanish league, German and Italian and Portuguese. in the end I only accumulated losses!

Well, until one day I thought:

Why don't I just choose the team games that I like and know? and tested it and the results were good.

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November 05, 2020, 08:25:19 AM
 #60

quick question:

do you want people to tell your strategies?  Grin


I am hoping, maybe they can help, besides, our enemy here are the bookies, if we can win consistently, then we can all make money.

I know not everyone is putting their money in one side alone, but at least we will be learn some technique that could help us develop our strategies.

If people will share their strategy then good, but actually it's not easy to convince the mind of the gamblers, they always have a doubt even if you are already showing them some proof, and I guess that's really how our minds as a gambler works.

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November 05, 2020, 08:37:21 AM
 #61

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.
I lose sometimes but mostly i may say winning is what i got from sportsbetting.

First - I make sure to Know the game i will bet on.

Second - I must Know the Team and the players

Third - I must Also know their Opponents


With these knowledge i am in advantage of winning the bet i made but of course nothing is permanent and i may lose or win depend of course in luck
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November 05, 2020, 08:53:50 AM
 #62

The reason most people lose money on sports betting is because they have no knowledge of gambling in greed they jump to make more profit then they lose more and lose everything in case of betting you have to have a good idea about the game even if it depends on your luck. Gambling is quite reasonable you have very little chance of winning in the long run because gaming companies keep their margins gradually you have to master its techniques and move forward.

If you are just betting without knowing the players then there is high chances of loosing your money.

Don't just bet for the players you like make sure you know and have idea how they play the game that's the main reason why many people lost in betting sports because they only bet in random team.
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November 05, 2020, 08:57:29 AM
 #63

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.

You should stop gambling and only bet with little amount or what you can afford to lose/risk. 
You should learn how to bet profitably and responsibly. If you're betting based on luck then bet only with little/small amount once or occasionally. You should have the skills and be consistently profitable before you can start betting consistently and with higher amounts.

Bet but don't gamble
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November 05, 2020, 09:18:36 AM
 #64

I believe that most of us are losing money in sports betting,

It's true I don't know the exact figure but also based on my experience and of my friends we are losing more than what we are winning


Quote
but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing.

It's part of the game even if you dig deep it's hard to give the best reason, On horse racing whom I consider sports betting I lose a lot when I know that I have the best bets

Quote
Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.
If you're counting your losses, there will be circumstances that when you are in a winning run you are tempted to try to recover your losses and this is a big trap

Quote
Share some tips to win or to minimize losing?
Forget your losses and winnings make every betting day a new one, and only bet what you can afford to lose, it's been said a thousand times before and it always ended up true
______

Quote
This thread is open for the winners and losers.
I'm posting here because I'm both.


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November 05, 2020, 09:37:26 AM
 #65

I'm very successful when it comes to football gambling I'm not saying I'm rich but I've been able to reduce my losses with my little techniques of a little odd, big stake. It pays with time you only need to be consistent enough.
I think you are making a good analysis when you are playing sports betting in a game of football, that is why it is pretty unusual for you to lose and reduce your losses in every bet.

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.

You should stop gambling and only bet with little amount or what you can afford to lose/risk.
You should learn how to bet profitably and responsibly. If you're betting based on luck then bet only with little/small amount once or occasionally. You should have the skills and be consistently profitable before you can start betting consistently and with higher amounts.

Bet but don't gamble
The only time you decide to stop gambling was when you experienced a massive amount of losses that make you have financial difficulties, reduce work, etc. Gambling is definitely based on your luck, whether it is a high or low bet, so you could win. But for me, as long as you enjoy playing sports betting or other gambling games and don't encounter any side effects because you only gamble for fun and entertainment, it is okay to play gambling for a while just don't aim too much for profits.

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November 05, 2020, 09:39:56 AM
 #66


You should learn how to bet profitably and responsibly.
gambling isnt about memorizing to be profitable but being responsible in gambling is a sure thing that can be done by any gambler . i was once an adict but i said to my self that im stronger than my mind . our minds cant control us or dictate our life but we can get out on an unhealthy habit .

Quote
If you're betting based on luck then bet only with little/small amount once or occasionally. You should have the skills and be consistently profitable before you can start betting consistently and with higher amounts.
Bet but don't gamble
betting higher amount wont hurt if you dont do it often . we dont really need a precise skills before we can play gambling and we can still experience to win consistently but its better if we dont try to over gamble just to prove that we can .
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November 05, 2020, 09:47:23 AM
 #67

There are many reasons to be honest but for me, the main reason why people are losing in sports betting is lack of self control.
Yes there are some gamblers who are winning in sports betting but the problem is they don't know when to stop when its needed too that is why they are ending up losing their money.

Possible reason too is the faith and trust.
I'm only betting in sports events that is why I know that. There are times that I will bet on the team that has a higher odds hoping that they are winning. I trust them to win. There are times that I'm winning but most of the times, it end up as a loss. I know that there are some who are experiencing it too.

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November 05, 2020, 11:28:01 AM
 #68

There are many reasons to be honest but for me, the main reason why people are losing in sports betting is lack of self control.
Yes there are some gamblers who are winning in sports betting but the problem is they don't know when to stop when its needed too that is why they are ending up losing their money.

Possible reason too is the faith and trust.
I'm only betting in sports events that is why I know that. There are times that I will bet on the team that has a higher odds hoping that they are winning. I trust them to win. There are times that I'm winning but most of the times, it end up as a loss. I know that there are some who are experiencing it too.

Many of my friends who did football betting since universities are still doing so today. We all try to follow the rules to only bet on games where we think we have an edge. It's hard to know for sure if any of them lost a lot of money. But we tend to bet on similar matches and for me, I didn't lose money. I also didn't win large amounts of money but a few beers I could always buy from my winnings. In my opinion sports betting is a zero sum game, for every loser there needs to be a winner. Sure the bookmaker takes his cut but that is only marginal compared to the size of the market.
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November 05, 2020, 12:04:54 PM
 #69

I'm very successful when it comes to football gambling I'm not saying I'm rich but I've been able to reduce my losses with my little techniques of a little odd, big stake. It pays with time you only need to be consistent enough.
Better to at least tell us a little of this "Little Technique"?

It can help us understand specially OP that admitting being a loser in Sports Betting?



But when my time as gambler?i focus in games that mostly for Luck ,Like roulette's and Bingo lol.

Though Card games is also my fav way back.









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November 05, 2020, 12:37:32 PM
 #70

The only advice I can give is once you won don't try to enjoy those winning and don't be greedy since once you win I am sure that you still wanted win more isn't well in fact that is not good and might ended up losing and once you lose you will be thinking of recovering those losses and might lose more.
Your advice is truly appreciated mate,  the winning will always come once in a while and we shouldn't take this forever becasue 'gambling is all about luck' of a thing. The problem with gamblers is, most of them don't know when to pullback during their loss and their mindsets been wired to chase over their losses get them into deep mess. Personally, greediness is my weakest point in betting and hope to manage this from now.

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November 05, 2020, 01:05:35 PM
 #71

I am a normal gambler who loves to gamble on sport betting and slot machines.I am one of the many losers here in sport betting and for me the main reason for us for losing money more than we win is because in sport betting the referees play a vital role to determine how a certain game will end.Also the form and motivation of the players is not always in the same level.

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November 05, 2020, 01:16:54 PM
 #72

Let us go straight to the point.

If you want to minimize losses in gambling there is only one way and that is to minimize gambling itself. The more you gamble the more you will lose.

That is a fact.
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November 05, 2020, 01:39:07 PM
 #73

Not only in sports betting but also in all gambling sites gamblers always lose more than win. Only very few gamblers win with their experience, talent, and strategy. In my opinion, most gamblers lose their bankroll only because they can't control their emotions, and when they feel they want more and more. Suppose one will deposit some money, after playing some round they will win double or more. Still, they keep playing to win more. Thus they start to lose the winning money. then want to recover the lost money with high bets. Again lose, then start to lose the deposited money. They feel they have to recover the money in anyways. They keep playing till the minimum unit of money. And in the end, lost everything.

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November 05, 2020, 01:58:32 PM
 #74

I think what causes us to lose money when betting on sports is gambling addiction, betting with our heart (choosing our favorite team), and have no luck. Many bettors who becoming gambling addicts usually can't control their emotions, so they won't know when it's time to quit when they have won and they will even tend to chase losses without considering the risks.

We shouldn't bet with our hearts because the results may not be what we expected, since our favorite team will not always come out as winners. So for a greater chance of winning, we must rely on the mind decision-making based on odds analysis, and betting predictions.

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November 05, 2020, 03:23:06 PM
 #75

The only reason why we lose on gambling is because of the way we handle our money while playing, it is not about how good you are in the game, it is all about how well you handle your money. Whenever we bet we always have this certain question, How much I will bet for this one? do I need to bet huge money or not? yeah that's it, sometimes we regret to bet a small amount of money and then we win the game, that is something you want to regret and sometimes we bet a huge amount of money and then we end up losing life's sucks bro, you cannot predict the game, you can't predict the future. That is how risky gambling is, but if you know how to handle money then you won't lose in gambling.

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November 05, 2020, 03:41:28 PM
 #76

The only reason why we lose on gambling is because of the way we handle our money while playing, it is not about how good you are in the game, it is all about how well you handle your money. Whenever we bet we always have this certain question, How much I will bet for this one? do I need to bet huge money or not? yeah that's it, sometimes we regret to bet a small amount of money and then we win the game, that is something you want to regret and sometimes we bet a huge amount of money and then we end up losing life's sucks bro, you cannot predict the game, you can't predict the future. That is how risky gambling is, but if you know how to handle money then you won't lose in gambling.

Sports betting, is not where you play personally, but putting your bet to someone else's game where you put your trust into. Yup, it is difficult to accept losses, but as we win, we feel like we really win the game itself. But the thing about sports betting is that you have this kind of trust within the team you support, you feel them, you understand them, and you personally put your faith in them, so it is the fun behind it.

Personally, My bet goes into the team I truly support, not the one I feel like winning, and that maybe is the reason why I'm losing. But I do not regret my decision about this cause I felt the intensity and fun within the game. I know the plays and roles of each player I support, so I know where and how they lose the game. It is like being the coach, but just in the audience.

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November 05, 2020, 03:52:12 PM
 #77

I think it is not in sport betting only, many users/gambler here has lost their money comparing to getting money in any gambling place. Like me, I've been playing gambling dice for years ago, although I've known the rule and have many experience at the gambling place I have more losses instead of I getting win.

Don't know what the problem is but in my experience it maybe I have no strategy to manage my greedy. I can't stop my games when I've got some wins and also I do another deposit when I got loss because I'm always curious to give back what I put out. It can be happen in sport betting, although he knows the ability the team that he chooses but they can manage another factor that will be faced.
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November 05, 2020, 04:28:22 PM
 #78

quick question:

do you want people to tell your strategies?  Grin

let the banter go. I will tell you about my humble experience (I am a novice, I am only in sports betting for 1 year and 2 months):

At the beginning I did the following:

I went to the premier league and chose all the games and analyzed them based on what I learned on youtube and google, and when the round ended I lost more than I won... I did the same thing for the Spanish league, German and Italian and Portuguese. in the end I only accumulated losses!

Well, until one day I thought:

Why don't I just choose the team games that I like and know? and tested it and the results were good.
Is it even there is something called strategy in sportsbetting?
I doubt it is only game of analyzing which everybody believe is so helpful but do ypu know that all the stats sometimes will only makes you confused once you have read it all but the outcome often fails.
At that moment you may will think "this is bullshit" and since the beginning it is always about luck.
The stats makes you confident to bet but everything messed up by the end of the day.
Dont gamble to make a living , that is something will only makes you burned down into dust.
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November 05, 2020, 05:03:35 PM
 #79

I don't know about others, but I lose because I wish too much with my combinations! I mostly win when I make single bets, but it's like not enough profit, so I make come crazy combo with 5+ games and a bit higher odds. Of course, I don't bet with high amounts on single games, I never bet more on sports with more than $10. And just to add that I have more hits when I bet on goals than on winners and draws. Well for me it's fun to make some sports bets here and there, and I never win anything big, but I haven't lost much. I enjoy to make bets on soccer games I like to watch with friends, and when there are some big games, so it's not like I am betting on sports every day!

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November 05, 2020, 05:17:25 PM
 #80

'lose more than win' many gamblers are sure to experience this...
I don't remember whether I won or lost more but when I made soccer bet I rarely only place 1 bet, usually I will place 3 or 4 bets, so the possibility of losing money is very small, at least you can return on your bet fund.



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November 05, 2020, 05:48:56 PM
 #81

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.

Sports betting is based on the previous success of a team in most of the time so we make a decision based on the previous success but the the problem is all the time the previous chart will not been correct for the today situation that's why I think betting in sports will not been successful for everyone in all the time.

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November 05, 2020, 07:16:48 PM
 #82

I think that in sports betting gamblers get more confident because they think they have lower risk for being involved in some sport having information, following it and being more able to predict the outcome not depending only on luck. Therefore they probably risk more and often overestimate their chances for winning. I know that I sometimes do that

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November 05, 2020, 07:25:47 PM
 #83

I don't know about others, but I lose because I wish too much with my combinations! I mostly win when I make single bets, but it's like not enough profit, so I make come crazy combo with 5+ games and a bit higher odds. Of course, I don't bet with high amounts on single games, I never bet more on sports with more than $10. And just to add that I have more hits when I bet on goals than on winners and draws. Well for me it's fun to make some sports bets here and there, and I never win anything big, but I haven't lost much. I enjoy to make bets on soccer games I like to watch with friends, and when there are some big games, so it's not like I am betting on sports every day!
And this is should how people do find out with games where they do mainly enjoy on what they've been doing and not really just minding off too much with money making thing.
We do have the same behavior in terms of betting where i do only make bets when there are big events or finals or similar thing but with regular season or something like that
then i do intend to pass excluding to those matches that do really make out some interest for me to bet.It isnt about on losing money but rather what matter most here
is that i do enjoy on the bet that i had made.Im not minding much if it would be a win or not but of course we are longing that our guess is right.

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November 05, 2020, 08:15:58 PM
 #84

I think that in sports betting gamblers get more confident because they think they have lower risk for being involved in some sport having information, following it and being more able to predict the outcome not depending only on luck. Therefore they probably risk more and often overestimate their chances for winning. I know that I sometimes do that

Also, if you know the game, sometimes you place multi-bets, which usually has high chance of losing. Sometimes it is better to do single bet only if you truly know the players and the game. And why are we losing? If we already won the first game, we continue to bet in the succeeding games, up until we lose that money again.  Tongue
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November 05, 2020, 09:19:18 PM
 #85

There are no perfect gamblers, no matter how good we analyze the match, you will definitely have experienced losing money in sports betting.
And interestingly everyone must have a different reason why they can lose money in sports betting. For me who makes losing money in sports
betting because of playing multi bets too often, sometimes I force bets on some matches that don't do research first. It turned out that the
consequences were fatal, I have experienced several losses by choosing the wrong team for betting.

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November 05, 2020, 10:17:03 PM
 #86

There are no perfect gamblers, no matter how good we analyze the match, you will definitely have experienced losing money in sports betting.
And interestingly everyone must have a different reason why they can lose money in sports betting. For me who makes losing money in sports
betting because of playing multi bets too often, sometimes I force bets on some matches that don't do research first. It turned out that the
consequences were fatal, I have experienced several losses by choosing the wrong team for betting.
We put our bet because we believe them, but of course, we can't assure also that they will win. Isn't about choosing the wrong team causes our losses (could be that possible as well) but because they are not lucky enough to win the game, that even they are good but still not all the time they will win the same as what will happen to the gambler. No matter how good you are in choosing, analyzing but it was not the ticket that we are 100% winning, yet losing still there.

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November 05, 2020, 10:37:54 PM
Last edit: November 05, 2020, 10:49:31 PM by palle11
 #87


sometimes I force bets on some matches that don't do research first. It turned out that the consequences were fatal, I

This is a reason people will always lose money. The reason gamblers don't research is laziness and the liking of quick money. Going for the quick money will take the gambler down.


I have experienced several losses by choosing the wrong team for betting.

The wrong team to bet is usually why you lose or any other gambler lose , so you won't blame yourself on that. Better luck next time because gambling is luck. If you had the luck to choose the team that win, you have made the right choice..
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November 05, 2020, 10:39:49 PM
 #88

A simple approach to me.

To minimize losses, don't just pick random bets. It's suicide. Don't rush for profits. Say no to tipsters.

To maintain winning stats, go full analysis on a game that I have knowledge either for a big or small bet.

Gamblers winning chances is not 100%.

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ardentvolcanoes
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November 05, 2020, 10:46:21 PM
 #89

I think that in sports betting gamblers get more confident because they think they have lower risk for being involved in some sport having information, following it and being more able to predict the outcome not depending only on luck. Therefore they probably risk more and often overestimate their chances for winning. I know that I sometimes do that

Also, if you know the game, sometimes you place multi-bets, which usually has high chance of losing. Sometimes it is better to do single bet only if you truly know the players and the game. And why are we losing? If we already won the first game, we continue to bet in the succeeding games, up until we lose that money again.  Tongue

In short greed runs inside our minds, thinking that you are so lucky and you can continue doing the same thing. Keep playing and keep

trying to win more, that's natural if you don't have any control of your gambling habits, you will lose more unless you learn a much better

strategy or you established good command over your greediness.
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November 05, 2020, 10:53:17 PM
 #90

I think that in sports betting gamblers get more confident because they think they have lower risk for being involved in some sport having information, following it and being more able to predict the outcome not depending only on luck. Therefore they probably risk more and often overestimate their chances for winning. I know that I sometimes do that

Disagree with that. Being confident is common once you trust your analysis.

But the thing is, games are also unpredictable even how good our analysis. Therefore strategy+knowledge+luck.

It's not because of confidence why gamblers lose, it's a must on the other hand. We lose sometimes as that's what gambling is supposed to be.
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November 05, 2020, 10:57:50 PM
 #91

I think that in sports betting gamblers get more confident because they think they have lower risk for being involved in some sport having information, following it and being more able to predict the outcome not depending only on luck. Therefore they probably risk more and often overestimate their chances for winning. I know that I sometimes do that

Disagree with that. Being confident is common once you trust your analysis.

But the thing is, games are also unpredictable even how good our analysis. Therefore strategy+knowledge+luck.

It's not because of confidence why gamblers lose, it's a must on the other hand. We lose sometimes as that's what gambling is supposed to be.

Definitely we will be confident if we study a game before playing a bet, but you are right, confidence does not mean you'll win easily, we just need to be at the right side most of the time in order to win, and we have to ensure a proper bankroll management so we would result into profit.

It's easier said than done to be honest, but we are gamblers, we have an individual belief, however our record does not lie so we better check it first before we will say that we are already successful in gambling, lastly, we need to be realistic.

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November 05, 2020, 10:59:31 PM
 #92

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.
You should have opened a poll to know exactly how many are losing and if they really represent the majority of the section or not

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November 05, 2020, 11:08:29 PM
 #93

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.
You should have opened a poll to know exactly how many are losing and if they really represent the majority of the section or not

This is a good suggestion IMO but this poll will only serve this forum which we can certainly get less than 500 poll voters while in overall we have millions of gamblers, so it could still be irrelevant if we are talking about the overall number, but anyway it could help so see a small picture within the forum only.

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November 05, 2020, 11:17:34 PM
 #94

There's not tip I could share to increase your winning since every game have different ways to analyze but I think I could share some tips to minimize your losses. I think you should do like a martingale betting wherein you can try to bet a small amount and if you lose try to double it with the odds of 1.5 and above.
Sometimes it works, sometime it's not, if it is effective many gambling sites will close because this is the most, widely used strategy for betting, newbies and veterans have used it, and they can testified that it's not 100% effective, even if you do a lot of variation, you need to be well funded to chase your losses, I have 14 straight losses doing this and I lose it all in the 14th and when I start again in the 15th roll that's where I won.

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November 05, 2020, 11:37:46 PM
 #95

'lose more than win' many gamblers are sure to experience this...
I don't remember whether I won or lost more but when I made soccer bet I rarely only place 1 bet, usually I will place 3 or 4 bets, so the possibility of losing money is very small, at least you can return on your bet fund.
This is mostly experience by many losing more than win because of not able to minimize the amount to bet in every game. Usually I'm just a small time better in a game, I place a bet just a small amount of money since I'm not that lucky to win every bet I’ve made. Self control and discipline should be take place to avoid losing more so it is also good tips to bet a small amount that you can afford to lose.
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November 06, 2020, 02:28:33 AM
 #96

'lose more than win' many gamblers are sure to experience this...
I don't remember whether I won or lost more but when I made soccer bet I rarely only place 1 bet, usually I will place 3 or 4 bets, so the possibility of losing money is very small, at least you can return on your bet fund.
This is mostly experience by many losing more than win because of not able to minimize the amount to bet in every game. Usually I'm just a small time better in a game, I place a bet just a small amount of money since I'm not that lucky to win every bet I’ve made. Self control and discipline should be take place to avoid losing more so it is also good tips to bet a small amount that you can afford to lose.

We need to minimize the amount to bet if we don't want to lose big in one round. I still try to do that because that is the only way that I can do to manage my money from losing. I agree that self-control and discipline will be a need for every gambler because that can avoid losing more than we can afford. Sometimes, placing a small amount will work for us to win and collect the win money, so slowly we can recover our losses before. But we need to have control our games because if it's not, we will lose more. The sports can be exciting if we can enjoy the game, especially if our favourite team play with the weak team, so we can try to place more amount.
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November 06, 2020, 03:00:14 AM
 #97

The sports can be exciting if we can enjoy the game, especially if our favourite team play with the weak team, so we can try to place more amount.
In that case you are solely gambling for fun, without your favorite team playing, you won't enjoy the game and hence you will not put your bet. Thing is, when you are into sports betting, it's not necessary that you bet on your favorite team, you only bet on a team where you see there's a value.

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November 06, 2020, 03:44:05 AM
 #98

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

I don't mind losing. What I'm just doing is to give my best everytime I bet.

How to minimize losing? Then be serious about making an analysis. It's not that it's a sure win but the goal here is, to increase the chance of winning by using all our the resources we can rely on.

Thinking about how much we lose on the process will just result in chasing those losses and hence, can affect improving our future strategy.

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November 06, 2020, 07:08:39 AM
 #99


The sports can be exciting if we can enjoy the game, especially if our favourite team play with the weak team, so we can try to place more amount.

Betting on favorite team is something dangerous imo, it can be something that makes you over confident to bet more because you believe that the favorite will win easily. We have just seen some matches on CL such as Manchester United vs Basaksehir, if someone is a big fan of MU and he placed too much money on MU because it is his favorite team without doing more researches before placing bet then I can call it as a suicide. Dont bet more just because your favorite team is going to play against weak/non favorite team. This kind of action that makes gambler lose more in sports betting.

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Ucy
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November 06, 2020, 08:51:20 AM
 #100

.
You should learn how to bet profitably and responsibly.
gambling isnt about memorizing to be profitable but being responsible in gambling is a sure thing that can be done by any gambler . i was once an adict but i said to my self that im stronger than my mind . our minds cant control us or dictate our life but we can get out on an unhealthy habit .

Quote
If you're betting based on luck then bet only with little/small amount once or occasionally. You should have the skills and be consistently profitable before you can start betting consistently and with higher amounts.
Bet but don't gamble
betting higher amount wont hurt if you dont do it often . we dont really need a precise skills before we can play gambling and we can still experience to win consistently but its better if we dont try to over gamble just to prove that we can .

The question is can a gambler be responsible? Gambling (or taking big risk) in betting world does not sound responsible to me. A bettor can however minimize risk or drastically reduce risk by betting with amount he/she can afford to lose/risk. You could be a big bettor if you are skilled and consistently profitable in bets, otherwise it's recommended to bet with small amount.
If you earn a thousand dollars monthly and risk/squander half of it in bets every month then you could be called a gambler, and that is clearly irresponsible thing to do.
 I wouldn't bet big amount (even occasionally) if am not sure of winning. I can't afford to risk that



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November 06, 2020, 08:59:45 AM
 #101

.
You should learn how to bet profitably and responsibly.
gambling isnt about memorizing to be profitable but being responsible in gambling is a sure thing that can be done by any gambler . i was once an adict but i said to my self that im stronger than my mind . our minds cant control us or dictate our life but we can get out on an unhealthy habit .

Quote
If you're betting based on luck then bet only with little/small amount once or occasionally. You should have the skills and be consistently profitable before you can start betting consistently and with higher amounts.
Bet but don't gamble
betting higher amount wont hurt if you dont do it often . we dont really need a precise skills before we can play gambling and we can still experience to win consistently but its better if we dont try to over gamble just to prove that we can .

The question is can a gambler be responsible?
Well, it's not hard to be responsible as I believe majority of the gamblers are responsible, that's why they are still gambling despite the fact they are losing. Being responsible does not mean you'll win all the time, even if you are a loser as long as you are responsible you'll definitely have no problem in the long run as you are just gambling within your limit.


Gambling (or taking big risk) in betting world does not sound responsible to me~snip~


Then there's nothing to discuss since in the first place, you are already against gambling as a whole.

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November 06, 2020, 09:05:34 AM
 #102

based on my experience why most of the time i lost is that i'm always trying my chance losses and doesn't control my gambling and sometimes i was just betting based on odds without studying the match.

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November 06, 2020, 01:24:09 PM
Last edit: November 06, 2020, 09:59:41 PM by 2double0
 #103

Nobody can give you tips for long term winnings, but I can help you with minimizing losses:

- Do not bet what you cannot afford to lose
- Do not bet on games you don't know about
- Do not bet on games of which you don't have enough knowledge about the players, their playing style and their possibility of playing well in the games based on their form
- Do not bet more than 1% of your total bankroll per game
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November 06, 2020, 02:03:30 PM
 #104

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.

How do you know that people are losing more in sports betting ? or it is only you who is having bad luck in sports betting. I think in sports betting it is more safe than other gambling games because if you know about the sports there are more chances that you can correctly predict the winner team and win the bet.
The rule of thumb is that only bet on those sports in which you have interest so you know all about the players and current team performances.
Also avoid parlay and other strategies.
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November 06, 2020, 02:56:19 PM
 #105

The sports can be exciting if we can enjoy the game, especially if our favourite team play with the weak team, so we can try to place more amount.
In that case you are solely gambling for fun, without your favorite team playing, you won't enjoy the game and hence you will not put your bet. Thing is, when you are into sports betting, it's not necessary that you bet on your favorite team, you only bet on a team where you see there's a value.
Can't blame a gambler who think like that, most gamblers are just typical gamblers, they enjoyed what they are doing when they are betting on their team, reason why most of them loses because they use their emotion more than their analysis.

Well, we can't actually avoid that since one of the more reasons why people are betting on sports matches or games is because they are a fan or a supporter of a certain team or player. I know that there are some people that would just like to earn money the reason they are betting but there are those that really supports that team.

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November 06, 2020, 04:16:34 PM
 #106

The sports can be exciting if we can enjoy the game, especially if our favourite team play with the weak team, so we can try to place more amount.
In that case you are solely gambling for fun, without your favorite team playing, you won't enjoy the game and hence you will not put your bet. Thing is, when you are into sports betting, it's not necessary that you bet on your favorite team, you only bet on a team where you see there's a value.
To make it simple, you are choosing a team which will give you profit from betting into it. It is a good thing to not only anticipate winnings, but also enjoy the game itself. But what should we expect? We are talking about sportsbetting and not sports in general. People will be more concerned with profit. Although to some gamblers, profit is just a bonus of watching and betting.
based on my experience why most of the time i lost is that i'm always trying my chance losses and doesn't control my gambling and sometimes i was just betting based on odds without studying the match.
Good thing you are able to see your mistakes. In sportsbetting, odds will be the main basis especially if you are not that familiar with the teams or players in a game. But in the aspect of losing more, it has nothing to do with sportsbetting specifically, but to yourself as a gambler. Know and set limits because no matter how huge the odds are, things could go the other way around as expected. There will be times of losses but the amount will still be dependent on your betting habits.

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November 06, 2020, 09:08:07 PM
 #107

How do you know that people are losing more in sports betting ? or it is only you who is having bad luck in sports betting.
He has no data, it is only based on his opinion and his experience. Other people may have a different story in sports betting, so if you experienced more wins than losses, it is no problem. Instead, it is he's looking for, he asked your tips or suggestions to improve the chance to win.

I think in sports betting it is more safe than other gambling games~
It can be safe if you bet in a match between a big team against a small team (ex: football match). But there is no guarantee for you to win it. Sometimes a big team can get a draw result and even loses in the match. So, not sure to say safer based on your knowledge of sports only.

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November 06, 2020, 09:44:04 PM
 #108

Nobody can give you tips for long term winnings, but I can help you with minimizing losses:
- Do not bet what you can afford to lose
- Do not bet on games you don't know about
- Do not bet on games of which you don't have enough knowledge about the players, their playing style and their possibility of playing well in the games based on their form
- Do not bet more than 1% of your total bankroll per game

Even betting with the amount you afford to lose, you can't minimize your losses. A loss is a loss no matter the amount involved. Just count the total amount wagered you bet with the amount you afford to lose and you will realize it's not working and something is wrong.

And do not bet more than 1% of the bankroll? What if you afford to lose 1% of it?

But for other pointers you mentioned, I agree especially with betting with proper knowledge. We don't just easily pick a random bet right?

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November 06, 2020, 09:58:55 PM
 #109

Even betting with the amount you afford to lose, you can't minimize your losses. A loss is a loss no matter the amount involved. Just count the total amount wagered you bet with the amount you afford to lose and you will realize it's not working and something is wrong.

I have a different approach to this. If you do not bet what you cannot afford to lose, you will lose less. Less loss means loss minimized. And wagered bet amount is just the collective total from the first till the last bet we make. If you said it for just one bet, then I think it is the same and if you can afford it to lose, means there is no need of thinking about loss.

Quote
And do not bet more than 1% of the bankroll? What if you afford to lose 1% of it?

Then you will have 99% still available to recover it. Least loss means less risk of losing more and higher chances of gaining it back. Do you bet 100% of your bankroll in 1 bet? Can you afford to lose it?

Quote
But for other pointers you mentioned, I agree especially with betting with proper knowledge. We don't just easily pick a random bet right?

I did not point out anybody picking random bets, I said that when a gambler bets, he should be in complete senses of what he is betting at. This increases the winning chance more. Some gamblers are addicted to gambling and they bet on anything without any knowledge by making some wild guesses based on luck only.
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November 06, 2020, 10:17:45 PM
 #110

- Do not bet more than 1% of your total bankroll per game

This would only be applicable for a gambler who can afford to set up a decent amount of bankroll.
Satisfaction is very important, then do the right discipline while doing it.

When setting up a decent bankroll, you'll be serious with sports betting.
Let's say a $10 bankroll for 1% per stake, I can't be serious with that as I could lose that $10 in one bet without hurting my emotion.
However, we can try $10,000 which for me a huge amount already for most of us and even if we end up with 50% when we stop, then I guess a profit of $5000 for a period of time is also something that could satisfy us.

What I'm saying is that build a good bankroll first, then apply the simple bankroll management.

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November 06, 2020, 10:23:52 PM
 #111

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.
You should have opened a poll to know exactly how many are losing and if they really represent the majority of the section or not

This is a good suggestion IMO but this poll will only serve this forum which we can certainly get less than 500 poll voters while in overall we have millions of gamblers, so it could still be irrelevant if we are talking about the overall number, but anyway it could help so see a small picture within the forum only.
I agree with you but Japinat is asking the question to us, users of the section. And as we know most of people are ashamed to admit they are losing. With a poll people remain anonymous so they're less ashamed to admit it.

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November 06, 2020, 10:54:24 PM
 #112

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Mu story is fun enough: My friend told me to start to bet because he had some mysterious guy which gave to him only 100% chance winning games  Grin And you can't believe, but first 8 games it really works ( till know i can't understand why) but later, after such great success the losses were going one each another. And many of my firends lost all their previous profit and some even more (except me, i'm invested in bitcoin  Grin )

So the reason why many people lose their money it's because they listen idiots which pretend to be a good sport analitics.

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November 07, 2020, 12:22:26 AM
 #113

~snip~
In that case you are solely gambling for fun, without your favorite team playing, you won't enjoy the game and hence you will not put your bet. Thing is, when you are into sports betting, it's not necessary that you bet on your favorite team, you only bet on a team where you see there's a value.

Yes, I am gambling for fun, although I have my favorite team. But sometimes, when my favorite team plays, I don't place a bet on them. I only enjoy their play. I place the bet whenever I want to place, and that does not depend on the favorite team, but that is because I can get the input for each team or not.

~snip~
Betting on favorite team is something dangerous imo, it can be something that makes you over confident to bet more because you believe that the favorite will win easily. We have just seen some matches on CL such as Manchester United vs Basaksehir, if someone is a big fan of MU and he placed too much money on MU because it is his favorite team without doing more researches before placing bet then I can call it as a suicide. Dont bet more just because your favorite team is going to play against weak/non favorite team. This kind of action that makes gambler lose more in sports betting.

When you want to bet on the favorite team, you must have input about each team to know how big the percentage for each team and which team that can win. If your favorite team doesn't have a high percentage, you don't have to select them, but you can select the opponent. That is what I did before, and as long as I can get the input and get something from what I research before, I will place the bet for the team, which has a high percentage to win. But if I can't get anything, I will not place the bet on one of both teams. Perhaps, I will just sleep Grin
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November 07, 2020, 02:31:07 AM
 #114

No you're wrong. If you are a kind of better that usually risk in order to get a desired winnings then probably you will lose more than winning. But if you are making bets of which high chances of winning then you could not lose. If you will just be patient and know when to bet and whe not to bet. However, I believe that mostly profits are on the platforms organizing the bets. They had always profit as fee to create such betting platform but they are not gambling for they only are doing their business.
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November 07, 2020, 02:42:37 AM
 #115

In betting, when you think of losing then you will not enjoy betting. Bet is only a way to get more fun and excitement and if you will going to count all your losses you will get paranoid to it especially in recovering the loss to which it could result to betting huge and then selling of asset to bet. Gambling addiction is inevitable to people who will always count the losses. If I were you OP, enjoy betting and do only small bet so you could not get too much worry to recover losses. Remember that your bet are only few cents and that will not help you even if you try to recover the loss.
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November 07, 2020, 02:44:22 AM
 #116

One of the biggest reason is bankroll management the others mentioned it already and I don't mind saying it again since it's the truth. Sometimes we go for different strategies by increase our bet size and check for live bets. Another reason is the multi bets or parlays there's a lot of people that get a good amount of wins with their parlays but couldn't earn anything from it since they're always a win or two short from the payout.

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November 07, 2020, 03:09:15 AM
 #117

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.
I'm not one of those mate,because I only Bet when my favorite teams of fighters will Play and at least i have big percentage to win.

Like when i Bet in NFL or Basketball,since i studied about the other teams so i will Bet amount depend on their opponent.
If i found that that other team is Stronger than Mine then i will Bet small amount and doing reverse when my team is advantageous .

Also in Boxing and  MMA as i also studied each fighter then i will only choose in which i think i can win,But of course there is no assurance to win at all but at least we are in advantage.

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November 07, 2020, 05:01:37 AM
 #118

It's just because the system can only work like that.

If most people were winning in sports betting, the houses would have to close.

The same happens with a regular casino. Everything is calculated so people can win short term but the casino always wins long-term.

The difference is, in sports betting some talented people can win long-term.

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KnightElite
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November 07, 2020, 05:32:52 AM
 #119

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.
I'm not one of those mate,because I only Bet when my favorite teams of fighters will Play and at least i have big percentage to win.

Like when i Bet in NFL or Basketball,since i studied about the other teams so i will Bet amount depend on their opponent.
If i found that that other team is Stronger than Mine then i will Bet small amount and doing reverse when my team is advantageous .

Also in Boxing and  MMA as i also studied each fighter then i will only choose in which i think i can win,But of course there is no assurance to win at all but at least we are in advantage.
Analysis is important when it comes to betting, you should not just bet because the standing of the team are more good than the other one. The analysis that you should do is depends on what kind of sports it is. When it comes to basketball and other team sports; individual and team analysis are both important. We should consider the health of every members especially when it comes to basketball, there are times that there are players who are in bad state that resulted to their performance to get bad also. I do not have 100% win rate in sports betting but I have high win rate and it is above 65% so most of my bets are always winning but still losing is inevitable because I considered the risks which is there is no perfect strategy here in sports betting. I also do not go all in; in just one game because it is so risky, imagine you do all in; in your first bet then suddenly the team that you picked lose and of course all of the money that you putted in that team will be gone.

Risk management is part of success in sports betting, allocation is should be our main focus when we are betting. I do not also suggests other people to listen to the opinions and predictions of other in different social media platforms because they are just their tips after all and they are not liable if you lose money in sports betting. When it comes to boxing and MMA, I considered their past performance and their current training before I do bet in a certain fighter or boxer.
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November 07, 2020, 08:53:52 AM
 #120

I tried martingale strategy in sports betting so that I could recover my losses but even I am good in predicting few of sports, I am not finding myself profitable after 10 to 15 attempts. Unfortunately I have forgot to make up my strategy to compete against odds. Yes, finally I have concluded that martingale strategy is not good for sports betting because odds are playing a big role in the final outcome where losses are happening at all our base-bet if my prediction goes wrong.

For example, if my base bet is 0.001BTC and if I lose then my lose will be 0.001BTC and for the next game I need to go for 0.002BTC and if my prediction goes right then I will get 0.0024 BTC for the odds of 1.2 but my total spending so far was 0.003BTC which means martingale is not working exactly in sportsbetting as odds are there as another factor.
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November 07, 2020, 11:52:26 AM
 #121

Share some tips to win or to minimize losing?

Since we are talking about sports betting, don't just bet blindly.

Doesn't mean that a team is good it will win all of its games without losing. There are factors that we can look into to analyze teams, players, games or matches before it can happen so we have the upper hand. Though there is a reason why it is called gambling, you can't actually tell which teams will win so we just find a way to increase our chance of winning or minimize our loss.
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November 07, 2020, 12:15:30 PM
 #122

Share some tips to win or to minimize losing?

Since we are talking about sports betting, don't just bet blindly.

Doesn't mean that a team is good it will win all of its games without losing. There are factors that we can look into to analyze teams, players, games or matches before it can happen so we have the upper hand. Though there is a reason why it is called gambling, you can't actually tell which teams will win so we just find a way to increase our chance of winning or minimize our loss.

It also might help if you choose one or two sports that you will be dedicated to and follow what is happening with matches and players. When you get deeper into some sports you will have more information that will help you with your sports betting strategy. Of course that will not be the guarantee of winning but still it might be helpful.

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November 07, 2020, 01:09:02 PM
 #123

Share some tips to win or to minimize losing?

Since we are talking about sports betting, don't just bet blindly.

Doesn't mean that a team is good it will win all of its games without losing. There are factors that we can look into to analyze teams, players, games or matches before it can happen so we have the upper hand. Though there is a reason why it is called gambling, you can't actually tell which teams will win so we just find a way to increase our chance of winning or minimize our loss.

It also might help if you choose one or two sports that you will be dedicated to and follow what is happening with matches and players. When you get deeper into some sports you will have more information that will help you with your sports betting strategy. Of course that will not be the guarantee of winning but still it might be helpful.
Only I bet to the team that I feels to win. I've focused on NBA which is not hard for me to do a simple analysis whos gonna win or loss but of course, luck is still our last weapon to win because it sometimes underdog team will not likely keep that looks all the time and sometimes they also win.
Anyway, that is how gambling works, we ony have to possible results win or lose, draw is less possible and before we gamble we are also prepared of what will happen.



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November 07, 2020, 01:12:01 PM
 #124

Me too I know in my self that I'm losing more rather than winning. I think you can't minimize your losing money if you are not winning there's really no other way to increase chance of winning in sports betting other than analyzing the team, players, etc.

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November 07, 2020, 01:57:07 PM
 #125

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.

Of course, if you loss big amount of money that means you bet a high amount then vice versa with a small amount of bet, very simple to understand isn't? so, my advise to you is if you feel the addiction is coming for you to play more, that's the time for you stop and play another time, and don't be so greedy for profit.
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November 07, 2020, 02:52:57 PM
 #126

Of course, if you loss big amount of money that means you bet a high amount then vice versa with a small amount of bet, very simple to understand isn't? so, my advise to you is if you feel the addiction is coming for you to play more, that's the time for you stop and play another time, and don't be so greedy for profit.

You don't underestimate addiction just like that. It is a problem that you can't just stop whenever you wanted to because it is really hard, you don't even know whether you are already addicted or not. Losing is just normal when it comes to betting so if you don't want to lose your money or want to chase your losses, you better stop because it can turn worse.

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November 07, 2020, 03:03:26 PM
 #127

Of course, if you loss big amount of money that means you bet a high amount then vice versa with a small amount of bet, very simple to understand isn't? so, my advise to you is if you feel the addiction is coming for you to play more, that's the time for you stop and play another time, and don't be so greedy for profit.

You don't underestimate addiction just like that. It is a problem that you can't just stop whenever you wanted to because it is really hard, you don't even know whether you are already addicted or not. Losing is just normal when it comes to betting so if you don't want to lose your money or want to chase your losses, you better stop because it can turn worse.

Self-denial into addiction is the biggest problem of every gamblers.

Thinking that they are all well capable in handling this matter, they lose more money as they are keep seeking to have some fun, they unaware that they are already engaged too deep. Sports betting  seems so easy when you are betting with your favorite players/teams,
betting decent amount of money in hope that your pick will win, unfortunately shit happened and you will try it over and over.
just continuous repeating the cycle in the end you'll find yourself wasting everything inside your savings.
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November 07, 2020, 04:34:34 PM
 #128

Sports betting is very exciting and entertaining. People who do betting wait eagerly for the match. It's a fun task as well as risky too. Sometimes people lose a lot of money by doing wrong betting. So the first principle is to bet wisely. One should think how to minimize losses in sports betting. Little bit wisdom can help one to earn a lot of money from betting.

One should use his extra money for betting, which he saved for betting. He shouldn't use essential money in betting.
One should understand others persuasion before taking anyone's advice and shouldn't believe on others blindly.
One shouldn't effect by previous betting.
One should increase and decrease betting wisely.
One shouldn't take betting as his job. He should take it as fun and activity in leisure.

Betting is a enjoyable task. But we have to be aware about losses. We should be very careful before betting. Otherwise, we will lose a lot of money and it will not only affect us but our family life too.

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November 07, 2020, 04:52:20 PM
 #129

managing your bankroll well would be really helpful if you want to minimize your losses try just to bet with small amount the risk is low but also the profit is small but at least you still have a profit.

That's what everyone should do and I believe that's actually what most people do as they start gambling for the first time, but what leads to loss is that mindset of always wanting more...

I'll give you an example: you start gambling for the first time and start from betting on lower odds which have more probability of winning and most likely you will see good results over all, but even though you are having success doing what you doing which is play safe as more times passes you will eventually get bored of it and start increasing your risk to the point that leads to loss and because experiencing losses on that degree is kind of a new thing to you since you were only betting on lower odds before, you won't know what to do and you just bet more and more which obviously most of the time only leads to even more losses.

So to sum it up you should have total control on yourself and your emotions and learn to manage that voice in your head that always tell you to bet and risk more whenever you get a bit bored.
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November 07, 2020, 06:45:26 PM
 #130

I have lost in gambling very well, most people are losing because gambling companies set out the odds in a way people will lose, they make big odds more difficult or nearly impossible to win, but games that have high chance of winning with low odds, many people still lose the low odds, but before people can gain, they will have to bet several times and of which they could lost. Gambling are like a way to make the betting companies grow, we should only use the money will can afford to lose, because the chances of losing is high.

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November 07, 2020, 07:41:57 PM
 #131

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.
^ Definitely right, you can have an answer that makes sense. Sport is something that really is manageable. Manageable means can be manipulated.
The reason why you can see that there is a lot of people losing their money in sports betting is that there is a lot of people who lose and very few who win.
Heads of the sports will always monitor that, and then they will manipulate the game so the few will win, with their commissions. Nevertheless, I don't have support this accusation but this is my personal opinion, probably not on the general sports betting sites.
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November 07, 2020, 08:27:58 PM
 #132

The difference between casino games and sports betting is the percentage of winning in the long term if the luck factor is considered as a variable. The bookies add their house edge in odds on pregame matches and everyone understands what is value bet or why the odds of the match go down. Some betting exchanges are popular for not betting against their users and Betfair is the top one with good volume. Choosing the right bookie and understanding the odds can increase the chances of winning in the long term.

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November 07, 2020, 08:42:36 PM
 #133

In betting, when you think of losing then you will not enjoy betting. Bet is only a way to get more fun and excitement and if you will going to count all your losses you will get paranoid to it especially in recovering the loss to which it could result to betting huge and then selling of asset to bet. Gambling addiction is inevitable to people who will always count the losses. If I were you OP, enjoy betting and do only small bet so you could not get too much worry to recover losses. Remember that your bet are only few cents and that will not help you even if you try to recover the loss.
If you actually read OP you would know that he s not concerned about making the lost money back or trying to find ways of recovering it, but he was wondering why sports betting brings so much loses.

I believe while sports betting is good as compared to casino because we can use our knowledge, the data and the conditions which can help determine who is going to win a particular match but that also means that sometimes we over estimate our own knowledge and bet too big instead of going small. What I am trying to convey here is that does anyone among us all do martingale or any such strategies on sports? No! Because it takes time and we often feel bored as results come slower and it would take ages to earn something.

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November 07, 2020, 09:08:42 PM
 #134

One of the biggest reason is bankroll management the others mentioned it already and I don't mind saying it again since it's the truth. Sometimes we go for different strategies by increase our bet size and check for live bets. Another reason is the multi bets or parlays there's a lot of people that get a good amount of wins with their parlays but couldn't earn anything from it since they're always a win or two short from the payout.
And the biggest reason is the humongous house edge that comes with sports markets because on games like dice there is usually 1-2% house edge but on dice the house edge can be 10-20% easily and you feel you are betting on small odds but actually one thing I have noticed that sports betting is worst when you chase small odds.

Bankroll management is another factor as people get carried away with their favorite teams playing and make big bets without realizing how much they should spend on a single game which then leads to loss which can't be recovered.

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November 07, 2020, 09:38:21 PM
 #135

we are talking about sports betting, don't just bet blindly.
I sort of agree but you know whenever I analyze games and make bets then I always end up on the losing side but when I just take random picks then I often win, so I mean yes we should analyze and bet but at times I feel like betting random ain't a bad idea either as long as you have basic knowledge about the sport.

Doesn't mean that a team is good it will win all of its games without losing. There are factors that we can look into to analyze teams, players, games or matches before it can happen so we have the upper hand. Though there is a reason why it is called gambling, you can't actually tell which teams will win so we just find a way to increase our chance of winning or minimize our loss.
True and no matter how much you analyze because those odds provider are always doing the same and they have a dedicated team who provide odds I believe so they must be better than us in terms of analyzing and providing correct odds so it is hard to beat them and no matter how sweet a bet looks like it always has chance of losing, unless it's obviously fixed.
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November 07, 2020, 09:46:03 PM
 #136

Because, in soccer it’s too hard to predict with 100% guaranteed win. For instance, who would have thought team with 6 odd would have won? Very few people would be picking such team but eventually the underdog win sometimes.
There's no way you can say everyone is losing. Therr are people who is living on betting and they are very much active and can predict good.
Well, I'm losing most of the times because of bad luck. Within last weeks, I had lost a few multi bets because of underdog team winning. I was able to win the risky match but later I missed the one who I was sure to win.

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November 07, 2020, 09:56:03 PM
 #137

This is the purpose of sports betting - it is entertainment. Fun always costs money. It is quite obvious that most people have fun here and "voluntarily" leave money when betting on their favorite team. Some of the players are trying to make money here, but this is an empty activity and sooner or later people find something better for themselves or they just start accepting bets instead of making them  Cheesy

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November 07, 2020, 09:59:25 PM
 #138

Essentially because we bet more than what we are supposed to be. Unlike with other betting ventures, when we bet at a sports event, we are overcome by our emotions as the thrill of the game is right there in our faces, we also are easily swoon over by slight advantages thinking it will persist all throughout the game which disapoints us as well after losing.

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November 07, 2020, 11:48:22 PM
 #139

Of course, if you loss big amount of money that means you bet a high amount then vice versa with a small amount of bet, very simple to understand isn't? so, my advise to you is if you feel the addiction is coming for you to play more, that's the time for you stop and play another time, and don't be so greedy for profit.

You don't underestimate addiction just like that. It is a problem that you can't just stop whenever you wanted to because it is really hard, you don't even know whether you are already addicted or not. Losing is just normal when it comes to betting so if you don't want to lose your money or want to chase your losses, you better stop because it can turn worse.

Self-denial into addiction is the biggest problem of every gamblers.

Thinking that they are all well capable in handling this matter, they lose more money as they are keep seeking to have some fun, they unaware that they are already engaged too deep. Sports betting  seems so easy when you are betting with your favorite players/teams,
betting decent amount of money in hope that your pick will win, unfortunately shit happened and you will try it over and over.
just continuous repeating the cycle in the end you'll find yourself wasting everything inside your savings.

That is so true. The reason addicts can't just get out or stop is because they didn't even know that they are already addicted in the first place. That is the hardest part for them because all they know is that they are just having fun and they can control themselves while in reality they can't. In that time, they even became mad when people say they are addicted.

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November 08, 2020, 01:08:45 AM
 #140

In my experience with a few months of gambling, I can state that if you have no strategy to follow for your own then skip it. Otherwise, you may lose your assets. Gambler's lack of knowledge can be responsible for this if s/he won't know when to stop or which point to start with. Playing again and again for winning only can't expect every time, this is for greediness.

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November 08, 2020, 03:07:23 AM
 #141

In my experience with a few months of gambling, I can state that if you have no strategy to follow for your own then skip it. Otherwise, you may lose your assets. Gambler's lack of knowledge can be responsible for this if s/he won't know when to stop or which point to start with. Playing again and again for winning only can't expect every time, this is for greediness.

Even if you have a strategy, you can have experienced losing your money because the sports event situations can change at any time. But yes, if you don't have the knowledge, you should skip the match, and only watch the match without bet to any teams. If you can win one or two matches, you need to stop for a while and don't bet to any team or players because you need to lower your tension after winning. If you are still betting on the other match, you can become greedy, and you will want to use bigger money to expect bigger winning. That is my suggestion.
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November 08, 2020, 03:14:35 AM
 #142

In my experience with a few months of gambling, I can state that if you have no strategy to follow for your own then skip it. Otherwise, you may lose your assets. Gambler's lack of knowledge can be responsible for this if s/he won't know when to stop or which point to start with. Playing again and again for winning only can't expect every time, this is for greediness.

Even if you have a strategy, you can have experienced losing your money because the sports event situations can change at any time. But yes, if you don't know, you should skip the match, and only watch the match without bet to any teams. If you can win one or two matches, you need to stop for a while and don't bet to any team or players because you need to lower your tension after winning. If you are still betting on the other match, you can become greedy, and you will want to use bigger money to expect bigger winning. That is my suggestion.
Exactly this the fact that many people don't have the proper knowledge of gambling especially esports betting. In sports, anything strange can happen. The situation can change at the last point too. So you need to know the starting and ending point. The most important thing is proper knowledge which will help you to gain much than losing the match.

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November 08, 2020, 03:56:36 AM
 #143

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.
You cannot assume anything in the betting world, at least you must have some information/odds what this is about game, although they may not be of any use in a single bet.

I just wrote it, one should not want to win everything in a single bet, one should know that this is about always having the chance to bet and that chance is governed by the bankroll.

Many do not understand that the total bets should be seen as an investment, each of these bets is determined by a probability of losing / winning is simple. What happens is that many find it silly to bet 1 satoshi. (extrapolate to your financial reality)

Silly it is to have 1000 satoshi and place bets of 100 satoshi, this is just an example (extrapolate to your bankroll reality)
__
Speaking of accurate information, I don't know what statistic it is based on to assert that the majority are losing in sports betting.





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November 08, 2020, 04:52:58 AM
 #144

Since sports betting odds are easier to estimate from a player's abilities than a casino machine, sometimes the trivialities can also cost people money. Like being too fanatical about a particular team without measuring the opposing team's abilities in depth. Gamblers will usually place bigger bets on their favorite team. This will open up a great chance of accepting defeat more frequently.

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November 08, 2020, 06:09:00 AM
 #145

This is the purpose of sports betting - it is entertainment. Fun always costs money. It is quite obvious that most people have fun here and "voluntarily" leave money when betting on their favorite team. Some of the players are trying to make money here, but this is an empty activity and sooner or later people find something better for themselves or they just start accepting bets instead of making them  Cheesy

That's what happened when people bet on their favorite team, most of them don't really care about the other opponent because when both betting and cheering for your favorite teams gives you so much excitement that you forgot the other team advantage. This is what happens with sports betting only those who are pro in this industry have done all the research before placing their bets.

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November 08, 2020, 08:51:11 AM
 #146

Share some tips to win or to minimize losing?

Since we are talking about sports betting, don't just bet blindly.

Doesn't mean that a team is good it will win all of its games without losing. There are factors that we can look into to analyze teams, players, games or matches before it can happen so we have the upper hand. Though there is a reason why it is called gambling, you can't actually tell which teams will win so we just find a way to increase our chance of winning or minimize our loss.

It also might help if you choose one or two sports that you will be dedicated to and follow what is happening with matches and players. When you get deeper into some sports you will have more information that will help you with your sports betting strategy. Of course that will not be the guarantee of winning but still it might be helpful.

That is so true.

There are those that as long as they can bet, are confident that they could win even though they just know popular players in a team and don't actually know how this team plays. It won't help them win millions and millions of dollars or cryptocurrencies but as I said, this will help you increase your chance of winning, right?
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November 08, 2020, 08:59:13 AM
 #147

That is so true.

There are those that as long as they can bet, are confident that they could win even though they just know popular players in a team and don't actually know how this team plays.
Agree with that, and these are the people who are truly enjoying gambling because they already convince themselves that they'll win from the very start.  I have that kind of feeling when I was still a newbie, it's so expensive though as even if you have fun but your chances of winning is still low due to your lack of not only on the game but on sports betting in general.

It won't help them win millions and millions of dollars or cryptocurrencies but as I said, this will help you increase your chance of winning, right?
It will only help them if they are extra lucky, winning millions needs a good bankroll and some consistency in the long run.

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November 08, 2020, 02:34:16 PM
 #148

This is the purpose of sports betting - it is entertainment. Fun always costs money. It is quite obvious that most people have fun here and "voluntarily" leave money when betting on their favorite team. Some of the players are trying to make money here, but this is an empty activity and sooner or later people find something better for themselves or they just start accepting bets instead of making them  Cheesy

That's what happened when people bet on their favorite team, most of them don't really care about the other opponent because when both betting and cheering for your favorite teams gives you so much excitement that you forgot the other team advantage. This is what happens with sports betting only those who are pro in this industry have done all the research before placing their bets.

By the way, I know that some fans are betting on the opposing team in order to make this defeat less bitter for themselves in case of defeat of their favorite team. This is quite funny, since they lose money in the event of the victory of their favorite team, but apparently this does not bother them.

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November 08, 2020, 02:43:57 PM
 #149

Essentially because we bet more than what we are supposed to be. Unlike with other betting ventures, when we bet at a sports event, we are overcome by our emotions as the thrill of the game is right there in our faces, we also are easily swoon over by slight advantages thinking it will persist all throughout the game which disappoints us as well after losing.

Such emotions drive us to bet more as we are really excited that our favorite will deliver, knowing that we follow them and it's really not that hard to trust them in winning the game.

Sad thing, once shit happened we also engaged to try recovering the loses and try finding games which we are not that familiar and start betting looking for some luck.

With this attitude the next thing we see ourselves are keep losing more from our bankroll
more worse busting everything by keep proceeding to recover back.




Since sports betting odds are easier to estimate from a player's abilities than a casino machine, sometimes the trivialities can also cost people money. Like being too fanatical about a particular team without measuring the opposing team's abilities in depth. Gamblers will usually place bigger bets on their favorite team. This will open up a great chance of accepting defeat more frequently.

Then greed will enter and instead of quitting, finding another bets will be inside a  gambler's mind. It will be same in anyhow
trying to win more and at the end of the day, results did not favored your bankroll.

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November 08, 2020, 03:46:39 PM
 #150

We probably all know the answer to these questions ourselves. I think it could have different reasons, though. The problem is usually wrong bank management. Often a reasonable strategy is chosen, but the moment the losses become too great, tactics are discontinued and we go tilt. everyone will have experienced it at some point, in varying amounts and frequencies.

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November 08, 2020, 05:16:51 PM
 #151

Many gambler loose just because they still follow history of the team to determine winner of the match. I was using history to determine the team before betting my game which was causing me to lose no matter the amount of money I spend on bet.
I think I will change my gambling base on experience  no longer base on history that is causing loss for my bet over 7 months.

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November 08, 2020, 05:24:32 PM
Merited by Zackgeno96 (1)
 #152

At first I am the same with you as I don't know the reason yet why after I check all my bets the losses are more compare to my winning bets.
But after rethinking many times, I have check that it is happening because of my greediness at that time meaning I have no control when to stop
and what to consider before betting any teams especially in sports.

In my case, I just learn to control myself and it is the reason why I minimize my losses and sometimes I have more winnings compare to my losses
as I do some research first before betting any of the team that I like to bet.

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November 08, 2020, 06:30:26 PM
 #153

At first I am the same with you as I don't know the reason yet why after I check all my bets the losses are more compare to my winning bets.
But after rethinking many times, I have check that it is happening because of my greediness at that time meaning I have no control when to stop
and what to consider before betting any teams especially in sports.

In my case, I just learn to control myself and it is the reason why I minimize my losses and sometimes I have more winnings compare to my losses
as I do some research first before betting any of the team that I like to bet.
When the position loses we cannot control our emotions and even tend to place bets again, even though when we have lost several attempts we have to stop if we need to try our luck again tomorrow. If you continue to force it, I guarantee you will definitely lose, because I myself often experience things like this. From that, I learned that when the position loses continuously and there is no luck in my favor, I better leave and not place bets again, because luck in gambling is important, if not lucky, don't ever force to make a bet. If you are continuously forced, the results will not be good and the more you have to spend for loss,

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November 08, 2020, 11:17:36 PM
 #154

~when the position loses continuously and there is no luck in my favor, I better leave and not place bets again,~
This means that you already have good self-control and can think realistically. Yep, it is a good decision to leave once you seem no luck on that day, never force yourself to bet again because it will trigger more losses. Even you have good luck and win some bets, you are better to quit at the moment because of the high risk to continue more bets. If we cannot control ourselves, it becomes harmful to us. Well, it's cool, you've learned very well and successfully.

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November 08, 2020, 11:21:02 PM
 #155

~when the position loses continuously and there is no luck in my favor, I better leave and not place bets again,~
This means that you already have good self-control and can think realistically. Yep, it is a good decision to leave once you seem no luck on that day, never force yourself to bet again because it will trigger more losses. Even you have good luck and win some bets, you are better to quit at the moment because of the high risk to continue more bets. If we cannot control ourselves, it becomes harmful to us. Well, it's cool, you've learned very well and successfully.


Sometimes we don't feel good while gambling, most likely we will lose money.

We also have to understand that we need the energy when gambling, when we are positive, that's the time luck will come to us, but this is just a small factor to consider because at the end of the day, your math or analysis matters the most.

Controlling yourself is one of the key factor that would help you win and minimize loses when you are in a tough situation, it's not necessary to gamble everyday, have some time to relax, and then come back when you are ready.

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November 08, 2020, 11:26:29 PM
 #156

Many gambler loose just because they still follow history of the team to determine winner of the match. I was using history to determine the team before betting my game which was causing me to lose no matter the amount of money I spend on bet.
I think I will change my gambling base on experience  no longer base on history that is causing loss for my bet over 7 months.
Gamblers are losing due to the fixed matches which is not surprising in 2020. Checking the history of the previous matches and calculating the odds can give a small edge within time but this will never be enough to beat the bookies, the outcome of matches should be random like 10 years ago. Now almost 80% of the betting resources are sold on the market to small rich network members.

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November 08, 2020, 11:36:20 PM
 #157

~when the position loses continuously and there is no luck in my favor, I better leave and not place bets again,~
This means that you already have good self-control and can think realistically. Yep, it is a good decision to leave once you seem no luck on that day, never force yourself to bet again because it will trigger more losses. Even you have good luck and win some bets, you are better to quit at the moment because of the high risk to continue more bets. If we cannot control ourselves, it becomes harmful to us. Well, it's cool, you've learned very well and successfully.

I think sports gambling is not that far because we can see how the players who compete and at least we can predict a little about what will happen to win or lose, even though no one can guarantee what we guess can be accurate, at least we can bet wins and loses in terms of their competing experience.

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November 08, 2020, 11:39:36 PM
 #158

I find two reasons for the losing on sports betting. By the time it is true that sports betting has got higher winning percentage compared to casinos.

  • Most of the time gamblers have the mentality to bet on the higher odds. It is evident opponent has the highest chance of winning based on stats and team power, but the odd selection made on luck out of winning big causes loss.
  • Everytime the gambler experience a loss, he/she tries to recover the loss on the consecutive match. Here the important thing, the odds were selected on luck as they don't have any information about the players and the team. This game is being played only to recover the loss happened in the previous game. Here the luckiest win while others continue losing.
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November 08, 2020, 11:44:30 PM
 #159

most of us lose because we are not organized, we need to start making strategies and goals, what i like to do is check my bet history to see
what i might have done wrong and try to avoid it next time, like myself for example, i lost a lot in live betting so now i always avoid it.

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November 08, 2020, 11:52:16 PM
 #160


In my perspective, we lose because we can't stop during we are winning. The only time a gambler would stop betting is the moment they realized they lose all their money, so they would come out as as loser. There are only a few gamblers who have the control to stop gambling when they are winning, that's why most of us are losers. It's all about when will you go out of the casino, or when will you stop gambling, when you are losing or winning? Cause I'm sure all of the gamblers here wins a lot, but they decided to continue until they end up losing.

I may also agree that some continue to win but that's not the case for everyone, almost everyone will end up losing if they don't find the right timing to stop. 

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November 08, 2020, 11:55:05 PM
 #161

I find two reasons for the losing on sports betting. By the time it is true that sports betting has got higher winning percentage compared to casinos.

  • Most of the time gamblers have the mentality to bet on the higher odds. It is evident opponent has the highest chance of winning based on stats and team power, but the odd selection made on luck out of winning big causes loss.
  • Everytime the gambler experience a loss, he/she tries to recover the loss on the consecutive match. Here the important thing, the odds were selected on luck as they don't have any information about the players and the team. This game is being played only to recover the loss happened in the previous game. Here the luckiest win while others continue losing.

I don't know what the reason for the other players' losses is. You may have named one of them.

I will share with you the reasons for my losses in soccer betting. As a rule, if teams play where there is a clear favorite, then his victory has a very small coefficient. I made multibets on such matches to increase the odds and at the same time to keep high bets on victory. However, one loss was enough for me to lose all my money. For example, the team on which I bet quickly gained the necessary number of points to leave the group and by the time of the last game they did not need to spend a lot of effort and they took out not the best players to the match and because of this played in a draw.
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November 09, 2020, 12:00:39 AM
 #162

~when the position loses continuously and there is no luck in my favor, I better leave and not place bets again,~
This means that you already have good self-control and can think realistically. Yep, it is a good decision to leave once you seem no luck on that day, never force yourself to bet again because it will trigger more losses. Even you have good luck and win some bets, you are better to quit at the moment because of the high risk to continue more bets. If we cannot control ourselves, it becomes harmful to us. Well, it's cool, you've learned very well and successfully.

I think sports gambling is not that far because we can see how the players who compete and at least we can predict a little about what will happen to win or lose, even though no one can guarantee what we guess can be accurate, at least we can bet wins and loses in terms of their competing experience.

And that's very tempting,  thinking that you really  have the the advantage whenever you're betting,  most of the gamblers who  choose  to use certain sports most  of the time spent more money than usual  gamblers.

Adding  the fun and excitement,  the risk  that  they  are putting  to this gambling venues  are more higher,  plus the greed and uncontrollable  desire to keep on winning , that's  why  they lose more  from  what they  should spend  for their gambling activities.

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November 09, 2020, 03:00:36 AM
 #163

And that's very tempting,  thinking that you really  have the the advantage whenever you're betting,  most of the gamblers who  choose  to use certain sports most  of the time spent more money than usual  gamblers.

Adding  the fun and excitement,  the risk  that  they  are putting  to this gambling venues  are more higher,  plus the greed and uncontrollable  desire to keep on winning , that's  why  they lose more  from  what they  should spend  for their gambling activities.

If they are fans of one sport, they will spend their time knowing more about sports, and if they are a gamble to those sports, they will place their bets on those sports only. It could attract them to lose more money because they will place in one sport, but they can use multi bets to place on many matches. The risk of losing the money will be bigger if they don't remind that placing the bet in the gambling games, especially with bigger money in multi bets, can give them a big loss. If they can have knowledge about many sports and that info is valid, they will have a chance to win.
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November 09, 2020, 03:37:37 AM
 #164

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.
Maybe because we are rooting for the team that we like the most, that's why there are low chances of winning. Our preferences for betting in sports should be a high standard like they're dominating the whole league and confident in playing. If we are having a losing streak, there's a mentality that you want to recover those losses and ending up in the same situation, lose again. Sports betting is one of the difficult in gambling, all of the players are professional in the league, they can manipulate the scores if they want to, that's why even if we bet on the best, still loses.
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November 09, 2020, 04:41:48 AM
 #165

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.
Maybe because we are rooting for the team that we like the most, that's why there are low chances of winning. Our preferences for betting in sports should be a high standard like they're dominating the whole league and confident in playing. If we are having a losing streak, there's a mentality that you want to recover those losses and ending up in the same situation, lose again. Sports betting is one of the difficult in gambling, all of the players are professional in the league, they can manipulate the scores if they want to, that's why even if we bet on the best, still loses.

This is another reason that's why.  Wink

But if you are after the winning, then you should bet on winnable team. This could be through thorough research starting from athletes to the whole team performances. Personal preferences is different from winnable team IMHO. I agree that sometimes, even we bet on the best teams still we lose. Games performances/scores changes  unexpectedly.
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November 09, 2020, 05:10:31 AM
 #166

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.
I can feel the drama here because i Myself is also a Sports betting loser (Most of the time)

Maybe because i am too confident and not looking for the real score instead i believe the team or the fighters that i am betting for.

But these days i studying NFL since i want to change favorite game,i'm enough of basketball and Boxing.

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November 09, 2020, 05:18:17 AM
 #167

Lack of information and lack of experiences are the main factor why a lot of people are losing in sports betting. In terms of lack of information, a lot of people are not giving care to the health of the players and to the chemistry of the whole team; most of them are just betting because of their guts without conviction. Those profitable bettors in sports gambling are always prioritizing to know the information inside the team, they first do analysis before they bet in a team or in a certain player. I usually bet in NBA and PBA and as far of my observation, a lot of bettors are losing because they are too "fan boys". What do I mean by that? They are really trusting the team even though it is obvious that they are underdog.
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November 09, 2020, 05:54:03 AM
 #168

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.
I can feel the drama here because i Myself is also a Sports betting loser (Most of the time)

Maybe because i am too confident and not looking for the real score instead i believe the team or the fighters that i am betting for.

But these days i studying NFL since i want to change favorite game,i'm enough of basketball and Boxing.
Over confidence can be a factor when it comes to losing wherein you keep making bets without analyzing the game itself first. I remembered that I bet in the boxing match between Deontay Wilder vs Tyson Fury, I'm over confident that Deontay Wilder will win but my prediction is wrong and I suffered huge losses. Overconfidence can sometimes bad so we should just be a humble gambler.
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November 09, 2020, 06:06:13 AM
 #169

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.
Those "most" people probably just randomly places bets without even knowing anything about the teams or the game. Or they just place bets on their favorite team even if they are about to play against a stronger team.
I guess proper analysis of the teams that will play and previous results might help forecast a winner. But, yeah. It is "gambling". So you never know if you are going to win or lose. At least proper analysis might give you a upper hand when placing bets.

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November 09, 2020, 06:44:06 AM
 #170

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.
Those "most" people probably just randomly places bets without even knowing anything about the teams or the game. Or they just place bets on their favorite team even if they are about to play against a stronger team.
I guess proper analysis of the teams that will play and previous results might help forecast a winner. But, yeah. It is "gambling". So you never know if you are going to win or lose. At least proper analysis might give you a upper hand when placing bets.

Most means, most of the bettors, and that includes even those who make their research in gambling.

That's the reality, not because we are doing the right research we will easily win, still majority of us struggle and only few are really gifted with the skills or talent that they can use in sports betting, one obvious evidence is the sports betting industry are growing in a significant increase.

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November 09, 2020, 06:49:48 AM
 #171

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.
Those "most" people probably just randomly places bets without even knowing anything about the teams or the game. Or they just place bets on their favorite team even if they are about to play against a stronger team.
I guess proper analysis of the teams that will play and previous results might help forecast a winner. But, yeah. It is "gambling". So you never know if you are going to win or lose. At least proper analysis might give you a upper hand when placing bets.

Most means, most of the bettors, and that includes even those who make their research in gambling.
actually it does not only Gambler but also sports lover,because this area of gambling requires knowledge and familiarity and you can just have this doing research.
you must know the team and the players,and also must know their opponent in estimating what would be the outcome.
Quote
That's the reality, not because we are doing the right research we will easily win, still majority of us struggle and only few are really gifted with the skills or talent that they can use in sports betting, one obvious evidence is the sports betting industry are growing in a significant increase.
if you are not sports lover then better get off the sportsbetting specially if you are always looking for win because this is not your place,
and better play luck base games .

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November 09, 2020, 06:59:37 AM
 #172

Lack of information and lack of experiences are the main factor why a lot of people are losing in sports betting. In terms of lack of information, a lot of people are not giving care to the health of the players and to the chemistry of the whole team; most of them are just betting because of their guts without conviction. Those profitable bettors in sports gambling are always prioritizing to know the information inside the team, they first do analysis before they bet in a team or in a certain player. I usually bet in NBA and PBA and as far of my observation, a lot of bettors are losing because they are too "fan boys". What do I mean by that? They are really trusting the team even though it is obvious that they are underdog.
betting because of their guts is a hallmark of the amateur gambler.  many have gone bankrupt because gambling is only based on guts and without analysis of the team he/she will choose.  Betting on the sports requires analytical skills (external and internal team), unlike dice or slots that are only based on guts and guesswork..

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November 09, 2020, 07:37:12 AM
 #173

When you start gambling, you have to keep in mind that this is not something you will ever get rich with. You should see it as a fun hobby, and if you win some money that is a bonus.
Always keep in mind that sooner or later you will have a hard fall, and hopefully the financial consequences will be manageable. I know people who made a fortune with gambling but then lost this fortune with interest.
It is important to stop gambling on time, but there is no definition of the right time. That is different for every player.

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November 09, 2020, 09:54:56 AM
 #174

When you start gambling, you have to keep in mind that this is not something you will ever get rich with. You should see it as a fun hobby, and if you win some money that is a bonus.


If we always put that in our mind, we will all losers in the long run.

Actually mate, it's okay to be ambitious sometimes as long as you know what you are doing.

As for me, I'm into sports betting and though I believe as a gambler that my consistency is not good enough yet, but I'm having fun trying to believe I can be successful in the long run, but of course, I'm learning every time and until now I'm enjoy what I'm doing though I lose money, can't deny that.
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November 09, 2020, 10:29:06 AM
 #175

If we always put that in our mind, we will all losers in the long run.

Actually mate, it's okay to be ambitious sometimes as long as you know what you are doing.

As for me, I'm into sports betting and though I believe as a gambler that my consistency is not good enough yet, but I'm having fun trying to believe I can be successful in the long run, but of course, I'm learning every time and until now I'm enjoy what I'm doing though I lose money, can't deny that.
Well it is for a fact that you would always lose out in gambling in the long run. Nothing really false there, and it's not actually a loser's mindset since it's just a simple fact. Sure, there are some ways around this, one is simply betting so much, talking to the staff asking them to remove house edge to make you play more, and then make a comeback, but making a comeback itself is rather hard since you're still basically betting on luck.

Gambling is a form of entertainment, it's like how gamers pay for games they enjoy, gamblers pay money to gamble because they enjoy it, simple as that. Absolutely no reason to think of it as a way to earn money. I mean, you could freely think so, but it's more like you're in a wild goosechase with victory in that case.

R


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November 09, 2020, 10:47:20 AM
 #176

most of us lose because we are not organized, we need to start making strategies and goals, what i like to do is check my bet history to see
what i might have done wrong and try to avoid it next time, like myself for example, i lost a lot in live betting so now i always avoid it.
Frankly speaking checking your past records and making new strategies will never help. Yes checking your records and profit/loss will help you maintain the loses you are having in the casino and sportsbook and help you control the flow of money but it cannot help you win more in sports or even casino games.

Sports betting is a dangerous prospect not because the matches are fixed but because the house edge is very high and people often bet on their favorite team which means they are not able to analyze the teams or players in a proper manner and they are making emotional bets. I have seen Djokovic fans will only make bets on him, even when they know Nadal is better on clay as we saw in French open, similar to Nadal fans on hard courts. All respect to both players, just giving an example to explain better.

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November 09, 2020, 11:03:51 AM
 #177

If we always put that in our mind, we will all losers in the long run.

Actually mate, it's okay to be ambitious sometimes as long as you know what you are doing.

As for me, I'm into sports betting and though I believe as a gambler that my consistency is not good enough yet, but I'm having fun trying to believe I can be successful in the long run, but of course, I'm learning every time and until now I'm enjoy what I'm doing though I lose money, can't deny that.
Well it is for a fact that you would always lose out in gambling in the long run. Nothing really false there, and it's not actually a loser's mindset since it's just a simple fact. Sure, there are some ways around this, one is simply betting so much, talking to the staff asking them to remove house edge to make you play more, and then make a comeback, but making a comeback itself is rather hard since you're still basically betting on luck.
and yeah expecting too much will always makes us a failure.

Look about many gamblers lose from their expectations,Remember that in Online Gambling specially in Sports betting that we must be a Sports fan and not just a gambler to win this area.
Quote
Gambling is a form of entertainment, it's like how gamers pay for games they enjoy, gamblers pay money to gamble because they enjoy it, simple as that. Absolutely no reason to think of it as a way to earn money. I mean, you could freely think so, but it's more like you're in a wild goosechase with victory in that case.
thats why i mentioned that to bet in sportsbet we must be a Sports fan more than just a gambler because at least we are being entertained while betting and not just the Pot is what we need but our favorite team to win also.

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November 09, 2020, 11:24:34 AM
 #178

Best tip is to bet in games you're well aware or have knowledge on. That's one of the primary reasons you're losing because there's no point in diversifying on many bets if you don't know which team has more high probability to win.
Also try different sites that has more straight forward mechanics to win.
Knowledge is important, but in gambling, your knowledge will be inferior to the robot system that is implemented in any gambling site. For example, in the mines bet, even though you only choose one box, your chances are very small and you can rarely win with very large profits. Therefore I am not that enthusiastic about winning at gambling, I just enjoy the game without any desire to be able to get bigger profits in terms of gambling. Obviously the system will not give us the flexibility to win. Betting is not solution if you wanna get source income and better you trade and make betting for your side income because you will not use all your money for betting.

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November 09, 2020, 11:30:48 AM
 #179

Best tip is to bet in games you're well aware or have knowledge on. That's one of the primary reasons you're losing because there's no point in diversifying on many bets if you don't know which team has more high probability to win.
Also try different sites that has more straight forward mechanics to win.
Knowledge is important, but in gambling, your knowledge will be inferior to the robot system that is implemented in any gambling site. For example, in the mines bet, even though you only choose one box, your chances are very small and you can rarely win with very large profits. Therefore I am not that enthusiastic about winning at gambling, I just enjoy the game without any desire to be able to get bigger profits in terms of gambling. Obviously the system will not give us the flexibility to win. Betting is not solution if you wanna get source income and better you trade and make betting for your side income because you will not use all your money for betting.

I disagree with your statement because you seem describing a games in a casino where it can only be won by luck alone.
Mate, this is sports betting, we can strategies here and it's possible to win in the long run because we aren't betting against the house, hence no house edge.

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November 09, 2020, 11:50:55 AM
 #180

Minimizing losing is depends on the tarstegy that you use but also sometimes in luck, even the startegy that you use in every game or bet you do maybe will not sure if it's minimize the losing but the good with that is you do your best to not lose your money. Remember that gambling the high probablity to lose is very high compared to winning so control yourself in playing gambling because if you are greedy trust me you will not win.
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November 09, 2020, 12:20:41 PM
 #181

When you start gambling, you have to keep in mind that this is not something you will ever get rich with. You should see it as a fun hobby, and if you win some money that is a bonus.
Spot on and one should always cash out winnings when they have some because the winnings and loses are within your mind unless you cash out and actually save it in your wallet. I have won big amounts in past but I lose them all slowly and the profit never stayed with me until I started to cash out as I win anything good.

I think the only people who are in profit with sports betting in long term are either match fixers which is a rare thing or people who are doing arbitrage on sports betting using some method like different sportsbook offering different odds or by waiting for the odds to change and make bets.
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November 09, 2020, 12:22:17 PM
 #182

I can proudly say sport betting is one of the easy to win and lost gambling but require indepth research and using the tradition between the team before you can win a single bet despite that every gambler thats not ready to lost wont win and the last time i checked 95% of all gsmblers only talk about the losses while the mute when luck is on their sides.

Share some tips to win or to minimize losing?
With that been said, the number one strategy to minimize lost is gambling occasionally even if the game seems easy to win and setting the maximum amount youll use to gamble for a month which you can afford to loose once the fund is exhausted you skip gambling for the moment until next month.

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November 09, 2020, 12:46:42 PM
 #183

There's not tip I could share to increase your winning since every game have different ways to analyze but I think I could share some tips to minimize your losses. I think you should do like a martingale betting wherein you can try to bet a small amount and if you lose try to double it with the odds of 1.5 and above.
Sometimes it works, sometime it's not, if it is effective many gambling sites will close because this is the most, widely used strategy for betting, newbies and veterans have used it, and they can testified that it's not 100% effective, even if you do a lot of variation, you need to be well funded to chase your losses, I have 14 straight losses doing this and I lose it all in the 14th and when I start again in the 15th roll that's where I won.
Yes that's the only cons you really need to have a huge bankroll for it to work as I remember I lost 12+ consecutively I think I could lose more but wasn't able to know since I swept my bankroll. This is in casino by the way but I think it might also happen in sports betting.

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November 09, 2020, 01:11:32 PM
 #184

.
You should learn how to bet profitably and responsibly.
gambling isnt about memorizing to be profitable but being responsible in gambling is a sure thing that can be done by any gambler . i was once an adict but i said to my self that im stronger than my mind . our minds cant control us or dictate our life but we can get out on an unhealthy habit .

Quote
If you're betting based on luck then bet only with little/small amount once or occasionally. You should have the skills and be consistently profitable before you can start betting consistently and with higher amounts.
Bet but don't gamble
betting higher amount wont hurt if you dont do it often . we dont really need a precise skills before we can play gambling and we can still experience to win consistently but its better if we dont try to over gamble just to prove that we can .

The question is can a gambler be responsible?
Well, it's not hard to be responsible as I believe majority of the gamblers are responsible, that's why they are still gambling despite the fact they are losing. Being responsible does not mean you'll win all the time, even if you are a loser as long as you are responsible you'll definitely have no problem in the long run as you are just gambling within your limit.


Gambling (or taking big risk) in betting world does not sound responsible to me~snip~


Then there's nothing to discuss since in the first place, you are already against gambling as a whole.



Well, any bettor who is betting with what he/she can't afford to lose is a gambler. That is what I normally advise bettor to avoid —taking big risks in bets or gambling in bets.

 The big risk is above the limit a bettor can afford risk. The limit should be small part of all your fund/income/salary. Anything above that without the skills, talents or high chances of winning is gambling.
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November 09, 2020, 01:17:29 PM
 #185

Minimizing losing is depends on the tarstegy that you use but also sometimes in luck, even the startegy that you use in every game or bet you do maybe will not sure if it's minimize the losing but the good with that is you do your best to not lose your money. Remember that gambling the high probablity to lose is very high compared to winning so control yourself in playing gambling because if you are greedy trust me you will not win.

In sports betting, you cannot really rely on strategy as the outcome of the game will depend on the player's performance and not with us unless we are going to be present on the day of the match cheering and giving our support to them to win the fight. It could help them boost their morale to win the game and for us to win in our bet too. The only way you can devise a strategy in sports betting is with your betting style. You can compare the game to dice so you can apply martingale or doubling your bet when you lose in order to easily regain your fund.

But for me, it is the lack of time to research which team is the main reason why we are losing in sports betting. We also need to research which party conduct more extensive practice to increase our chance of winning.
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November 09, 2020, 01:18:49 PM
 #186

Most people lose because they don't have a plan and roadmap. They haven't set budget and limits. They don't research and analyze and they don't listen to the experts and herd mentality.
The next thing that botch a plan is emotions and anger. People tend to bet recklessly and without a reason on their favorite team or against the ones they don't like. People also goes on rage betting when they are on a longer losing streak.
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November 09, 2020, 02:18:30 PM
 #187

managing your bankroll well would be really helpful if you want to minimize your losses try just to bet with small amount the risk is low but also the profit is small but at least you still have a profit.
I would like to add that you also should bet on the teams where you know the performance of each player and its coach. You also should know that odds will not be on your favor unless you are a bookie. Do not bet a lot in games, remember that once you lose, the money that comes with it will also lose, this helps you to psychologically trick your mind to regret spending that amount of money in betting which could result in you minimizing the amount you are betting. If avoidable, try to go to for physical sports betting instead of online, assuming that you also gamble with fiat, this helps you to also mitigate the money that you will lose because you will see the physical manifestation of your bet via cash instead of numbers in a website.

Yes, this is also one of the tricks to win in sports betting, however we cannot beat surprises. I mean even if you're too confident betting on your team which you know is the strongest, injuries and other problems always appear in the middle of the game or in the very end of the game, so the disappointments is much bigger than the money you have lost.

It'll greatly help if you know how to read odds, not just randomly betting for a certain sports and relying on luck because that's not gonna work all the time.
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November 09, 2020, 04:07:43 PM
 #188

House always wins. There is no other explanation required for this because it is a mathematical reality that we can't deny, house will always win and that is a fact. Obviously they are not going to suddenly make it a lot more appealing to gamblers to attract them in a way that makes them lose money, so they will continue the way they have been operating for a long time.

What sportsbooks manage is that they give you odds of the favorites for a game, they get paid 10k dollars on that favorites, and there are people who wager on the underdog, like let's say 2k for it, and if favorites win, they pay back 11.9k to winners and keep that 100 dollar as profit. As you can see, they risked nothing and they made a good return just for allowing these types to play against each other. That is basically the logic behind it.
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November 10, 2020, 03:34:00 AM
 #189

This is really talkable point and we can discuss on this for very long without any solid end because there are many factors in losing on sports betting mostly peoples feel luck is very important factor for this all few believe its all depend on statics and history but nothing is sure mostly we have to check many things for this all I am mostly going with luck if you have good in your side then you can win some big and if you have no then surely many solid picks can give you really shock which I have many time in my career and now I am out of this all for sometime and feeling some good as no gambling no tension.
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November 10, 2020, 04:45:34 AM
 #190

There are a lot of factors that have to be considered in betting in sports. Even those who had been betting in their favorite sports or sports that they are familiar with lose from time to time. Luck still plays role on this kind of betting and there are chances that even those team that has an advantage losses.
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November 10, 2020, 07:21:07 AM
 #191

There are a lot of factors that have to be considered in betting in sports. Even those who had been betting in their favorite sports or sports that they are familiar with lose from time to time. Luck still plays role on this kind of betting and there are chances that even those team that has an advantage losses.

Can't removed that  fact as even  you  think you already  know the outcome there's  always  bad luck that may  take place,   lots of gamblers  forget  about that  even heavy  favorites sometimes also  suffer  from defeats.

The problem is when  you  experienced  that  kind of unexpected  loses you  tend to keep trying to find another  game that you  think  will help  you  to win and recover  those money instead  of quitting,  it's adds up  more to lose.

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November 10, 2020, 07:39:28 AM
 #192

There are a lot of factors that have to be considered in betting in sports. Even those who had been betting in their favorite sports or sports that they are familiar with lose from time to time. Luck still plays role on this kind of betting and there are chances that even those team that has an advantage losses.
That's true but only on the rare occasion most of the time if you are doing good review about the team the chances of winning is high only in few occasions that you will be losing due to the bad luck of the team.

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November 10, 2020, 11:32:50 AM
 #193

Best tip is to bet in games you're well aware or have knowledge on. That's one of the primary reasons you're losing because there's no point in diversifying on many bets if you don't know which team has more high probability to win.
Also try different sites that has more straight forward mechanics to win.

For me this is the best tip to give to someone who want to win or at least minimize his loses. In basketball for example, bet only on the league which you are well aware of, it could be a local league or a national league in your country. This way, you are more familiar and acquainted of the players and also you are well aware of their health.   

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November 11, 2020, 11:34:17 AM
 #194

Best tip is to bet in games you're well aware or have knowledge on. That's one of the primary reasons you're losing because there's no point in diversifying on many bets if you don't know which team has more high probability to win.
Also try different sites that has more straight forward mechanics to win.

If this advice worked, then a lot of people would be busy only with the analysis and study of games. It doesn't really help. Think of a simple dice - the mechanics of falling out of its edges have long been studied and known to everyone, but if you play dice against the casino, you always (on long distance) lose.

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November 11, 2020, 12:43:14 PM
 #195

Best tip is to bet in games you're well aware or have knowledge on. That's one of the primary reasons you're losing because there's no point in diversifying on many bets if you don't know which team has more high probability to win.
Also try different sites that has more straight forward mechanics to win.

If this advice worked, then a lot of people would be busy only with the analysis and study of games. It doesn't really help. Think of a simple dice - the mechanics of falling out of its edges have long been studied and known to everyone, but if you play dice against the casino, you always (on long distance) lose.

Unforuntaely yes, the casinos are running negative EV games for the gamblers. So as long as the gamblers come back regularly and on large numbers the casino will make money.

For sports betting this is different in my opinion because the bookmaker offers you all possible bets, you can bet on the first team winning, on a draw or the second team winning. The bookmaker doesn't influence the game. Whereas in a casino your role is fixed. At a blackjack table you can't just switch the role with the dealer.
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November 11, 2020, 01:03:45 PM
 #196

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.

We loss, because the players always think that He will win the bet on the next round. Then, sometimes there are other gamblers lose their money because of greediness, that's why I think this bad habit will always be part of the game in the gambling site.
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November 11, 2020, 01:21:27 PM
 #197

Best tip is to bet in games you're well aware or have knowledge on. That's one of the primary reasons you're losing because there's no point in diversifying on many bets if you don't know which team has more high probability to win.
Also try different sites that has more straight forward mechanics to win.

If this advice worked, then a lot of people would be busy only with the analysis and study of games. It doesn't really help. Think of a simple dice - the mechanics of falling out of its edges to have long been studied and known to everyone, but if you play dice against the casino, you always (on long distance) lose.
You make a good point using dice as an example cause it certain that the chance of winning every gambling is 1% but when it come to sport betting which Sadlife used as an example there was indeed some certain awareness and knowledge needed to have a huge chance of winning the game, it just crypto trading use need to do some certain study of the chart and some issue which will influence the market not following the hype.

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November 11, 2020, 01:40:33 PM
 #198

I think not all because others are taking profit. Losing are only to those who are a risk taker when betting. Usually high chance that they can lose high but high chances also they can win high. In sports betting there is no house edge against the one or the platform that has been manage but only a fee that will be taken after the betting takes place. A percentage of what they take is most likely the usual arrangement of sports betting platform.
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November 11, 2020, 01:52:32 PM
 #199

We are only played by the gambling site and system, there is no chance for us to win and this is what we continue to maintain. When trying with multiple betting always have miss one match and never give us how to win. I think enough if your mind can rich with gambling site because you always loss and never try again for waste your time with always loss. Just waste your money and remember every night how much your money giving to betting site and how much ROI return back to your pocket. I think is enough when you calculated with your outcome and income is far away and not get profitable anymore but all lost.

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November 11, 2020, 01:53:32 PM
 #200

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.
Share some tips to win or to minimize losing?
_____
This thread is open for the winners and losers.
We loss, because the players always think that He will win the bet on the next round. Then, sometimes there are other gamblers lose their money because of greediness, that's why I think this bad habit will always be part of the game in the gambling site.
Not all gambler do think as such, most especially those with self control. Though everyone in this industry want to win games, but not all went into the games solely becasue of the wins. Sometimes they lose due to their lacks in self control, remember that not all days of play(gamble) will bring you win as a gambler, but many gamblers thought otherwise which somehow lands them into losing. Betting and come back again doesn't make gamblers lose but self control does more havoc's.

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November 11, 2020, 02:06:12 PM
 #201

We are only played by the gambling site and system, there is no chance for us to win and this is what we continue to maintain. When trying with multiple betting always have miss one match and never give us how to win. I think enough if your mind can rich with gambling site because you always loss and never try again for waste your time with always loss. Just waste your money and remember every night how much your money giving to betting site and how much ROI return back to your pocket. I think is enough when you calculated with your outcome and income is far away and not get profitable anymore but all lost.

I don't think that system is so invincible and corrupted in a way that winning is not possible. Otherwise, what is the point and why would people play and some of them win
To my opinion is more the question of risk management and since sports betting doesn't depend only on luck, also on sone skills of each particular gambler.

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November 11, 2020, 02:23:51 PM
 #202

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.

We loss, because the players always think that He will win the bet on the next round. Then, sometimes there are other gamblers lose their money because of greediness, that's why I think this bad habit will always be part of the game in the gambling site.
As a human being it's natural we don't like going to lose on betting, even sportsbooks site want to make up money! Both side desire grab money, at the moment when you're betting on sports over and over again the reason you're losing so much money in sports betting. Don't be consistent on betting and try to happy with small winning.
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November 11, 2020, 02:48:33 PM
 #203

We are only played by the gambling site and system, there is no chance for us to win and this is what we continue to maintain. When trying with multiple betting always have miss one match and never give us how to win. I think enough if your mind can rich with gambling site because you always loss and never try again for waste your time with always loss. Just waste your money and remember every night how much your money giving to betting site and how much ROI return back to your pocket. I think is enough when you calculated with your outcome and income is far away and not get profitable anymore but all lost.

Honestly speaking that's for real, it's more on losing your money than earning out from it, but some experienced gamblers manage to get
some out fromt the house and enjoy the rest of their stays.

Not majorities or we can say selected only, gamblers who manage to quit before losing their funds, those who are not allured with house tricky strategy, we lose more because of focusing with trying to win big than enjoying small profits.

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November 11, 2020, 06:21:52 PM
 #204

We loss, because the players always think that He will win the bet on the next round. Then, sometimes there are other gamblers lose their money because of greediness, that's why I think this bad habit will always be part of the game in the gambling site.
I think gambling is beyond greediness, people that are gambling can also be greedy, but what I can say to this is that we should not see gambling as a business, we should not also gamble often, we should use the money we can afford to lose. In this case, it takes discipline and not having gambling addiction, if someone is not having both qualities, then greed comes in. We should also know that no matter how expert we are, the more frequently we gamble, the more likely the chances to lose.

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November 11, 2020, 06:43:22 PM
 #205

I don't bet too much on sports betting because I love dice and slot. But at least I have also tried and won bet on several occasion and it may not be worth the amount I have paid.

~~~
I agree with everything you say. But maybe very few people care about that. It is wrong if gambling is used as a source of income because maybe in the end everything will go bad. Self-control rather than the desire to continue gambling is still very difficult for most gambler in general, this is a natural trait if they are addicted. But as long as the addiction is controlled and limit the use of money then everything is probably fine.

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November 11, 2020, 07:08:25 PM
 #206

We loss, because the players always think that He will win the bet on the next round. Then, sometimes there are other gamblers lose their money because of greediness, that's why I think this bad habit will always be part of the game in the gambling site.
I think gambling is beyond greediness, people that are gambling can also be greedy, but what I can say to this is that we should not see gambling as a business, we should not also gamble often, we should use the money we can afford to lose. In this case, it takes discipline and not having gambling addiction, if someone is not having both qualities, then greed comes in. We should also know that no matter how expert we are, the more frequently we gamble, the more likely the chances to lose.
The bettor who gambles with money that must make a profit will basically not continue to lose more as long as they have complete control over themselves, so gambling with any money or even gambling with borrowed money will definitely not be a problem. I personally have experienced great losses in several types of gambling and not only in sports betting and I think every gambling is the same, it can be a threat and it can also be profitable, it all depends on the emotions you can control.

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November 11, 2020, 07:11:02 PM
 #207

I don't bet too much on sports betting because I love dice and slot. But at least I have also tried and won bet on several occasion and it may not be worth the amount I have paid.

~~~
I agree with everything you say. But maybe very few people care about that. It is wrong if gambling is used as a source of income because maybe in the end everything will go bad. Self-control rather than the desire to continue gambling is still very difficult for most gambler in general, this is a natural trait if they are addicted. But as long as the addiction is controlled and limit the use of money then everything is probably fine.
We cannot do a thing if other gamblers are gambling for their own daily lives and make it their main source of income because there are some countries where jobs are not too many and not all the people are able to get a job due to their educational attainment. But, we also need to control ourselves because making the gambling your main source of income will be having no worth if your health gets wrose. If your health goes worse then you cannot gamble and you will not be having income and you also need to pay your hospital bills.
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November 11, 2020, 07:50:38 PM
 #208

We are only played by the gambling site and system, there is no chance for us to win and this is what we continue to maintain. When trying with multiple betting always have miss one match and never give us how to win. I think enough if your mind can rich with gambling site because you always loss and never try again for waste your time with always loss. Just waste your money and remember every night how much your money giving to betting site and how much ROI return back to your pocket. I think is enough when you calculated with your outcome and income is far away and not get profitable anymore but all lost.
Actually what makes gamblers lose in sports betting is not because the system is fraudulent, but because many gamblers have a greedy nature, especially when they have won bets so they will continue to make bets until they realize their money has run out.

At least every gambler must have won the bet, and I think this winning will be addictive and a motivation to pursue the other wins. But if they end up losing on the day afterward, then their motivation will change to recovering losses. When gamblers are trapped in this condition, then without them knowing it is a way that consumes their money.

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November 11, 2020, 07:56:16 PM
 #209

I don't bet too much on sports betting because I love dice and slot. But at least I have also tried and won bet on several occasion and it may not be worth the amount I have paid.

Me, doing the opposite of yours, I would go big on sports betting, manage some wins but in overall status I am still in the losing side. I think no game would really give the majority of bettors the advantage as even in sports betting, majority of bettors are still losing money, and that does not change until now that information can easily be acquired through the internet.

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November 11, 2020, 10:04:44 PM
 #210

In gambling the chances are against you, doesn't matter what game you are playing. Keep in mind when betting you have to give the house some comission while you still need to pick the right result between 3 different possibilities (team 1, team 2 and draw). That is pretty certain most gamblers won't succeed on this task on long run.
As mentioned on this thread you can do a lot of things to increase your profit chances with sports betting on long run, but they aren't a recipe you follow to have 100% chance of finding a bucket of the gold in the end. Actually if most people were winning, from where would the profits be coming?

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November 12, 2020, 07:19:26 AM
 #211

In gambling the chances are against you, doesn't matter what game you are playing. Keep in mind when betting you have to give the house some comission while you still need to pick the right result between 3 different possibilities (team 1, team 2 and draw). That is pretty certain most gamblers won't succeed on this task on long run.
As mentioned on this thread you can do a lot of things to increase your profit chances with sports betting on long run, but they aren't a recipe you follow to have 100% chance of finding a bucket of the gold in the end. Actually if most people were winning, from where would the profits be coming?

House commission can always be avoided as a gambling sites or a sportsbook in particular do offer different odds.
In fact, they offer odds like 4.00, and if you win taking that, you'll get 300% profit of your bet.

It's up to you, if you are always betting on 1.90 odds, then you'll have to pay 10% commission every time you win.

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November 12, 2020, 07:43:36 AM
 #212

In gambling the chances are against you, doesn't matter what game you are playing. Keep in mind when betting you have to give the house some comission while you still need to pick the right result between 3 different possibilities (team 1, team 2 and draw). That is pretty certain most gamblers won't succeed on this task on long run.
As mentioned on this thread you can do a lot of things to increase your profit chances with sports betting on long run, but they aren't a recipe you follow to have 100% chance of finding a bucket of the gold in the end. Actually if most people were winning, from where would the profits be coming?
Even if we have a team 1 win, team 2 win or a draw it still has a different rate of possibilities depends on the players, the place of game and even on referees. Those three factors are getting analyzed by the professionals gamblers to know which is going to be the winner. Players can change the possibilities if one team has a better and skillful, Place of game can change the possibilities because the fans of one team can be more than the other, referees can also change the possibilities of the game because different referees has a different practices.
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November 12, 2020, 02:09:32 PM
 #213

Almost miss one match when betting for soccer match, I don't know why could lost one match although I choose big team for my betting, remember with last week when Primer league almost my prediction is true just left for Arsenal versus Aston Villa, I think many fans know how performance of Arsenal after beating Manchester United and will going on good match for defeat Aston Villa, but what happen Arsenal loss with higher score from Aston Villa just get bad result from other week after three time loss, but why Arsenal look not believe can loss from Aston Villa. This most crazy in gambling when you make betting sport and always have miss your faith prediction is correct but the result is not good for you.

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November 12, 2020, 06:48:02 PM
 #214

Before COVID screwed everything up this year I had done fairly well across the last 3+ years essentially betting full time with an ROI of around 5.5% which was as well as one can hope for with a large enough sample. I've made some money after the leagues restarted but it became hard to model and I just about broke even since July.

A few things:

Top flight European soccer spreads and even goals are unbettable. The bookies have far too sharp of lines, especially since they have access to data you don't (unless you pay a ton of money or know how to access some stuff you aren't supposed to). There are viable markets in things like bookings, corners, in part because they are somewhat incidental - nobody plays to get booked or relies on a lot of corners to win - and somewhat related to referee performance as well. Those are the kind of data you can actually get and do some modeling with but it's still not that great of markets.

COVID also really screwed up the lower leagues in out of the way countries and that's really the biggest shame when it comes to betting on soccer. Advanced metrics haven't really hit the lower youth leagues in countries like Algeria or Tanzania or Iran yet but you can bet on them nonetheless. This gives you a better shot at finding something the bookies missed. U20 internationals in South America, some of the lower league North African matches can be wildly mispriced and that's the sort of opportunity you really need. I had a leg up as I logged 10,000+ hours of Football Manager over just 4 editions and have some familiarity with almost any league that made it into the game at some point (and took Ireland to two World Cups in the same save)  but hey, it really teaches you a lot.

MLB, NBA, and NHL are actually still excellent markets but for completely different reasons. MLB's advanced metrics (sabermetrics) is so ridiculously advanced and the data entirely accessible instantaneously direct from the league down to the angle and speed of each pitch and each swing of the bat that there's a lot of stuff that the bookies simply can't keep up with. I'm not sure if it's really bettable if you aren't familiar with advanced metrics and projections at that level, but if you are there are gaping mispricings every day and the season goes for 162 games (when COVID isn't around) and so the dataset is huge and more importantly, bookies have trouble pivoting on quickly enough on real-time changes that you would be abl to notice in game and then test out immediately with data, and they run on a lot of old assumptions and "common wisdom" which doesn't play out in practice. COVID ruined this but for as long as I have data on the lines, spring training games where the "road" team is an AL team that didn't make the playoffs the year prior, just betting on that would leave you up 200 units up since 2007. Those games don't even count, but they count for money. This was in part due to bookies assigning a home team advantage when in spring training there's next to no home field advantage and they forget that after the 7th inning they swap out every player and put in random minor leaguers. There are a few other really obvious and consistently mispriced lines in baseball betting and can make you a fairly tidy sum of money. Remember that you should be betting on value anyway, so you're really betting against how well the bookies are setting the lines, not other actual people or even the teams in a sense (unless you're in a betting exchange situation but those don't exist for Americans). Stuff like weather, umpire, bullpen fatigue, whether a pitcher works well with a catcher or not are all elements that in the aggregate can give you a 1-2% edge if you correctly take into account. I have a 16% ROI from just betting on ML dogs in baseball spring training 2019.

NBA is even better since there's basically 0 point in betting on anything for the whole game. First quarter, first half road dogs, filter by the obviously related params like strength of bench and turnovers, can really be great bets. Last few years the Nets, the Hawks, and the Grizzlies managed to do incredibly well in the 1st half and then consistently blow the second half. 1st half ML bets are a god damn goldmine. Particularly for road dogs, I have a 23% ROI after 239 wagers going 93-139-7, offsetting a fairly bad home ML dog record of -5% ROI. Something similar goes for hockey.

Some countries definitely have rigged games all the time though. Don't bet on Serbian domestic soccer, or the Chinese domestic league, or quite a few others. Stick to leagues where the pay is high enough to make rigging matches a bad deal.

Also, you're in it for the long haul anyway so variance is gonna be a thing no matter what. Don't panic and run your analysis. Individual results matter if you're a supporter, but as a bettor it is just what it is. I try not to bet on or against teams I support though, and leave most of the work to bots when it comes to placing the bets.

But anyway, yeah, it's entirely possible to make money doing this, but you'll need to be a step ahead of the bookie and really understand analytics and data or exploit any knowledge gaps. Unfortunately, unless you treat this as a job (as I did), you won't have time or energy to get all this done on your own, most likely, and insofar as betting systems never work, for sports it's true s well but datamining isn't a betting system, it's just analytics.

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November 12, 2020, 08:29:59 PM
 #215

It's up to you, if you are always betting on 1.90 odds, then you'll have to pay 10% commission every time you win.
I'm sorry but I don't understand your statement very well, how could you conclude that?
If your actual chances of winning are above 53%, you won't pay any commission with 1.9 odd
You will pay 10% commissions if your winning chances are 50% at most

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November 12, 2020, 09:23:55 PM
 #216

In gambling the chances are against you, doesn't matter what game you are playing. Keep in mind when betting you have to give the house some comission while you still need to pick the right result between 3 different possibilities (team 1, team 2 and draw). That is pretty certain most gamblers won't succeed on this task on long run.
As mentioned on this thread you can do a lot of things to increase your profit chances with sports betting on long run, but they aren't a recipe you follow to have 100% chance of finding a bucket of the gold in the end. Actually if most people were winning, from where would the profits be coming?
Correct, sometimes I have heard that some people say that there is no house edge on sports bets and obviously this is false, there is a house edge on each casino game and the ones in which there is not like poker they still get a rake for allowing you to play on their installations, so we lose because of the house edge and while some good gamblers can overcome it with great play the majority cannot and there is nothing wrong with that, we just must accept that we do not have the skill to beat the casino on their own games.

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November 13, 2020, 02:11:21 AM
 #217

It's up to you, if you are always betting on 1.90 odds, then you'll have to pay 10% commission every time you win.
I'm sorry but I don't understand your statement very well, how could you conclude that?
If your actual chances of winning are above 53%, you won't pay any commission with 1.9 odd
You will pay 10% commissions if your winning chances are 50% at most
The odds normally displayed at 1.90 for a 50/50 chance of winning game. 1.90 from team A and 1.90 from team B, so regardless of what team will win, sportsbook will make an instant 10% profit since they only need to pay 90% of the bettors winning, them keeping 10% of the losing bet. I think that's what he is trying to explain.
I think sports betting is a Lucky thing to win because your favorite team can't be formed all the time and they can be lost a match and you may lose your funds for the match. So it is difficult to say. Few days ago I bet on IPL matches and my prediction was wrong most of the time. At the same way, maximum people are losing their money.

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November 13, 2020, 09:19:01 AM
 #218

It seems that almost all gamblers have experienced losing money in sports betting, because indeed for sports betting requires luck to win.
So no matter how good your knowledge of sports is, it still cannot guarantee success in sports betting. Experience and knowledge in sports
betting only minimizes our loss, but it does not prevent us from avoiding losses. So no effective way has been found to avoid losing in sports
betting. Most importantly, the number of victories we have must be more than the number of defeats we experience. And if we have managed
to get profit from sports betting, stop immediately, if it continues will suffer defeat in the end.

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November 13, 2020, 10:05:49 AM
 #219

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.

Perhaps, losing most of the time in any gambling site online was already a nature of this business type.
Maybe also a gambler loss their money in the gambling it's because of addiction, greediness, habit, these are the things
that I most often see every time I played in the gambling platform.
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November 13, 2020, 10:24:38 AM
 #220

It seems that almost all gamblers have experienced losing money in sports betting, because indeed for sports betting requires luck to win.
So no matter how good your knowledge of sports is, it still cannot guarantee success in sports betting. Experience and knowledge in sports
betting only minimizes our loss, but it does not prevent us from avoiding losses. So no effective way has been found to avoid losing in sports
betting. Most importantly, the number of victories we have must be more than the number of defeats we experience. And if we have managed
to get profit from sports betting, stop immediately, if it continues will suffer defeat in the end.

Even though in sport betting many people and gamblers say that it is 75% skill and 25% luck that luck factor together with the referee who always impact a game a certain away determines how the game will end and that is why most of us lose money in sport betting.

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November 13, 2020, 10:48:18 AM
 #221

It seems that almost all gamblers have experienced losing money in sports betting, because indeed for sports betting requires luck to win.
So no matter how good your knowledge of sports is, it still cannot guarantee success in sports betting. Experience and knowledge in sports
betting only minimizes our loss, but it does not prevent us from avoiding losses. So no effective way has been found to avoid losing in sports
betting. Most importantly, the number of victories we have must be more than the number of defeats we experience. And if we have managed
to get profit from sports betting, stop immediately, if it continues will suffer defeat in the end.

Even though in sport betting many people and gamblers say that it is 75% skill and 25% luck that luck factor together with the referee who always impact a game a certain away determines how the game will end and that is why most of us lose money in sport betting.

I don't mind that kind of principle actually, no way I would just rely on luck, i will go with 99% skills and 1% luck, as that is I believe the recipe for success, when you have a big percentage of luck, well, you will really just gambling and most likely you will just lose in the long run.

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November 13, 2020, 11:28:06 AM
 #222

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.

Perhaps, losing most of the time in any gambling site online was already a nature of this business type.
Maybe also a gambler loss their money in the gambling it's because of addiction, greediness, habit, these are the things
that I most often see every time I played in the gambling platform.
Playing gambling for a long time sometimes can make us forget the other thing that we need to do. We always need to remember how long we can play gambling because if we can not do that, I am afraid that we can spend more money, which we don't know if we can win or lose.
Maybe it's not about how much money we lost, but it's how excited we bet on many sports games, especially if we knew many games and which team has the support to win.
We need to change that before the addiction comes to us and we can not stop as soon as possible.
When we win, we need to stop betting. After all, if you continue to bet, you can place more bet in various sports games and become greedy because you want more winning.

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November 13, 2020, 11:34:55 AM
 #223

It seems that almost all gamblers have experienced losing money in sports betting, because indeed for sports betting requires luck to win.
So no matter how good your knowledge of sports is, it still cannot guarantee success in sports betting. Experience and knowledge in sports
betting only minimizes our loss, but it does not prevent us from avoiding losses. So no effective way has been found to avoid losing in sports
betting. Most importantly, the number of victories we have must be more than the number of defeats we experience. And if we have managed
to get profit from sports betting, stop immediately, if it continues will suffer defeat in the end.

Even though in sport betting many people and gamblers say that it is 75% skill and 25% luck that luck factor together with the referee who always impact a game a certain away determines how the game will end and that is why most of us lose money in sport betting.

I don't agree with this division of skill and luck in sports betting. The skill is sport betting includes how much you know about the teams and players and their strength and weakness. But even if you have complete knowledge about all these details, still you can lose the bet because not always the stronger teams wins.
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November 13, 2020, 11:45:49 AM
 #224

One thing you should always bear in your mind is, as long as games/sport is concerned about there is an opponent and there must be a loser and a winner, a draw is not a conclusion. Therefore the bet or gambling in games,there must be a loss and a win. What makes the chances wider is the scores betting, I don't know how they call it in gambling terms, (predicting the scorer, how many goals,....)
The capacity of the team and the opponents is what concerns them all that is why they say it can be predictable .
But all and all?it is the Luck that will still makes us win and that is the reality in gambling.
also some calls this a investment area in which i don't really understand why.









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November 13, 2020, 11:52:45 AM
 #225

It's up to you, if you are always betting on 1.90 odds, then you'll have to pay 10% commission every time you win.
I'm sorry but I don't understand your statement very well, how could you conclude that?
If your actual chances of winning are above 53%, you won't pay any commission with 1.9 odd
You will pay 10% commissions if your winning chances are 50% at most
Actual of winning? No, I don't really think that the odds is based on the actual chance of winning as that could be fake or a trap that bookmakers are trying to give us.  10% is the standard juice of sportsbook, if you bet on ML on a team that are almost the same stats or strength, bookies would not give us 2.00 as they won't get anything for facilitating our bets, they will give us 1.90 or in some sites will increase to 1,95, but mostly it's 1.90.

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November 13, 2020, 12:00:48 PM
 #226

Perhaps, losing most of the time in any gambling site online was already a nature of this business type.
Maybe also a gambler loss their money in the gambling it's because of addiction, greediness, habit, these are the things
that I most often see every time I played in the gambling platform.

Well, we can say that it is usually on addiction, greedy people, and habit since they are the ones that usually do gambling. Under habits, we can also say those people that says gambling is their entertainment is there since even though they are gambling for fun, they can't just say they are always winning right? So they are also losing their money.

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November 13, 2020, 12:52:44 PM
 #227

It seems that almost all gamblers have experienced losing money in sports betting, because indeed for sports betting requires luck to win.
So no matter how good your knowledge of sports is, it still cannot guarantee success in sports betting. Experience and knowledge in sports
betting only minimizes our loss, but it does not prevent us from avoiding losses. So no effective way has been found to avoid losing in sports
betting. Most importantly, the number of victories we have must be more than the number of defeats we experience. And if we have managed
to get profit from sports betting, stop immediately, if it continues will suffer defeat in the end.

Even though in sport betting many people and gamblers say that it is 75% skill and 25% luck that luck factor together with the referee who always impact a game a certain away determines how the game will end and that is why most of us lose money in sport betting.
That's point. If you don't manage your money properly and you place wagers on the wrong place and then it's inevitable your bet too often experience losing side. This things happened by mostly but this things are also completely avoidable by taking necessary steps.
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November 13, 2020, 01:04:45 PM
 #228

It seems that almost all gamblers have experienced losing money in sports betting, because indeed for sports betting requires luck to win.
So no matter how good your knowledge of sports is, it still cannot guarantee success in sports betting. Experience and knowledge in sports
betting only minimizes our loss, but it does not prevent us from avoiding losses. So no effective way has been found to avoid losing in sports
betting. Most importantly, the number of victories we have must be more than the number of defeats we experience. And if we have managed
to get profit from sports betting, stop immediately, if it continues will suffer defeat in the end.

Even though in sport betting many people and gamblers say that it is 75% skill and 25% luck that luck factor together with the referee who always impact a game a certain away determines how the game will end and that is why most of us lose money in sport betting.
That's point. If you don't manage your money properly and you place wagers on the wrong place and then it's inevitable your bet too often experience losing side. This things happened by mostly but this things are also completely avoidable by taking necessary steps.

You'll never know if you place at the right or wrong bet, you'll only know that after the game. Money management or bankroll management is very important so you will stick with your game plan and not getting carried away by your emotion which would result you as a gambler in being aggressive putting big amount in your bet.
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November 13, 2020, 01:09:00 PM
 #229

If this advice worked, then a lot of people would be busy only with the analysis and study of games. It doesn't really help. Think of a simple dice - the mechanics of falling out of its edges have long been studied and known to everyone, but if you play dice against the casino, you always (on long distance) lose.

Unforuntaely yes, the casinos are running negative EV games for the gamblers. So as long as the gamblers come back regularly and on large numbers the casino will make money.

For sports betting this is different in my opinion because the bookmaker offers you all possible bets, you can bet on the first team winning, on a draw or the second team winning. The bookmaker doesn't influence the game. Whereas in a casino your role is fixed. At a blackjack table you can't just switch the role with the dealer.

There is no difference. Whatever you bet on - dice or sporting events, the one who accepts the bet gives you a coefficient that does not allow you to increase the deposit over a long distance. I agree that there is a lot of variability in betting (due to the fact that teams have less predictability than dice), but at a distance it smoothes out and the mathematical indicators become indistinguishable.

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November 13, 2020, 01:54:41 PM
 #230

Normal the total number of people playing bet if it's 100% its only 25% that benefit properly from bet, the reason people lose via bet is based on them don't exercise patients when booking game, such seriousness normally lead's losing game but I understand that at times it's come through luck for those people who tried to win, but i noticed that in mixed of gambler's majority lose and few benefit, so that is the reason I always emphasis that gambling is meant for people who are financial buoyant so that the occurrence of lost happen it will not really affect the person.

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November 13, 2020, 03:23:04 PM
 #231

...
That's point. If you don't manage your money properly and you place wagers on the wrong place and then it's inevitable your bet too often experience losing side. This things happened by mostly but this things are also completely avoidable by taking necessary steps.
but even careful preparation can sometimes not the same as what will happen...
The point is that it all comes back to each individual, you must be consistent with your plan from the start, if it is not appropriate then return to correction. placing bets will not always be right on target because it is someone else playing on the field.



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Rainbot
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November 13, 2020, 03:31:52 PM
 #232

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.

It takes time and effort, sports betting is different from casino betting, on casino betting you only have luck to rely, on sports betting you have to analyze the team the competition and the condition, something we do not have time to consider and just bet on our hunch, but there are a lot of sports bettors that made a lot of money and it's much better than gambling on casinos.
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November 13, 2020, 04:18:34 PM
 #233

It's up to you, if you are always betting on 1.90 odds, then you'll have to pay 10% commission every time you win.
I'm sorry but I don't understand your statement very well, how could you conclude that?
If your actual chances of winning are above 53%, you won't pay any commission with 1.9 odd
You will pay 10% commissions if your winning chances are 50% at most
Actual of winning? No, I don't really think that the odds is based on the actual chance of winning as that could be fake or a trap that bookmakers are trying to give us.  10% is the standard juice of sportsbook, if you bet on ML on a team that are almost the same stats or strength, bookies would not give us 2.00 as they won't get anything for facilitating our bets, they will give us 1.90 or in some sites will increase to 1,95, but mostly it's 1.90.
Yes you're right it's difficult to speak of "actual chances of winning" for this kind of outcomes. Nobody can say what are these actual chances. But 10% it's a huge commission IMO

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November 13, 2020, 11:24:31 PM
 #234

Sports betting is a combination of both luck + research. First and foremost is research which helps you to know the team which may have the upper hand so that you can bet on it and then some part is the luck which may help you win the bet as that day may belong to that team.

But that doesn't apply to anyone, and I think it is not the term "research" that we usually say but the analysis of the team and players. I say that it doesn't apply to anyone since they have the knowledge about the team and the players so these gamblers could just make some adjustments based on the available data or scenarios. Still, they can lose even despite all of that, the reason we call it gambling.

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November 13, 2020, 11:31:51 PM
Last edit: November 17, 2020, 12:57:13 AM by Danslip
 #235

Sports betting is a combination of both luck + research. First and foremost is research which helps you to know the team which may have the upper hand so that you can bet on it and then some part is the luck which may help you win the bet as that day may belong to that team.

But that doesn't apply to anyone, and I think it is not the term "research" that we usually say but the analysis of the team and players. I say that it doesn't apply to anyone since they have the knowledge about the team and the players so these gamblers could just make some adjustments based on the available data or scenarios. Still, they can lose even despite all of that, the reason we call it gambling.
We lose on slots, card games, and sports betting but the reasons are not the same for all mentioned categories of gambling. Having an argument to win on a gamble and just gambling based on the inside feeling will create a different profit curve over time. I prefer to lose on sports betting if the chances are in my favor for this decision. If the odds can be controlled by the gamblers, the smart gamble will go for the best possible choice which is sports betting here.

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November 13, 2020, 11:36:49 PM
 #236

Sports betting is a combination of both luck + research. First and foremost is research which helps you to know the team which may have the upper hand so that you can bet on it and then some part is the luck which may help you win the bet as that day may belong to that team.

But that doesn't apply to anyone, and I think it is not the term "research" that we usually say but the analysis of the team and players. I say that it doesn't apply to anyone since they have the knowledge about the team and the players so these gamblers could just make some adjustments based on the available data or scenarios. Still, they can lose even despite all of that, the reason we call it gambling.
Well, you have a point there. Betting is not just because of the research and luck, there are some instances that you will perhaps lose because of the player's conditions or the team at the moment. Even though betting has only two options [win or lose] but this odd is very difficult to maintain a winning streak. However, losing too much money will depend on us not on the betting, if you will lose continuously in a row, just take a rest and come back after a break because betting or any gambling that use skills perhaps needs to have to take a break.









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November 13, 2020, 11:57:19 PM
 #237

In gambling the chances are against you, doesn't matter what game you are playing. Keep in mind when betting you have to give the house some comission while you still need to pick the right result between 3 different possibilities (team 1, team 2 and draw). That is pretty certain most gamblers won't succeed on this task on long run.
As mentioned on this thread you can do a lot of things to increase your profit chances with sports betting on long run, but they aren't a recipe you follow to have 100% chance of finding a bucket of the gold in the end. Actually if most people were winning, from where would the profits be coming?
Correct, sometimes I have heard that some people say that there is no house edge on sports bets and obviously this is false, there is a house edge on each casino game and the ones in which there is not like poker they still get a rake for allowing you to play on their installations, so we lose because of the house edge and while some good gamblers can overcome it with great play the majority cannot and there is nothing wrong with that, we just must accept that we do not have the skill to beat the casino on their own games.
Yes, that is a fact. If a gambler wins 50% of his bets he is still in loss. From 53% on then we could say it started to be profitable.
Interesting that even at land based casinos where gamblers play sports betting they have to give some comission to the house workers when they win. I don't know what happens if they don't do, but it's a kind of tradition, what it's not bad at all because it guarantees gamblers free drinks and even free meals in some houses.

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November 14, 2020, 02:15:56 AM
 #238

Sports betting is a combination of both luck + research. First and foremost is research which helps you to know the team which may have the upper hand so that you can bet on it and then some part is the luck which may help you win the bet as that day may belong to that team.

But that doesn't apply to anyone, and I think it is not the term "research" that we usually say but the analysis of the team and players. I say that it doesn't apply to anyone since they have the knowledge about the team and the players so these gamblers could just make some adjustments based on the available data or scenarios. Still, they can lose even despite all of that, the reason we call it gambling.
Well, you have a point there. Betting is not just because of the research and luck, there are some instances that you will perhaps lose because of the player's conditions or the team at the moment. Even though betting has only two options [win or lose] but this odd is very difficult to maintain a winning streak. However, losing too much money will depend on us not on the betting, if you will lose continuously in a row, just take a rest and come back after a break because betting or any gambling that use skills perhaps needs to have to take a break.

I agree that if we have a losing streak it is better to rest first and stop playing gambling for a while. So that our minds can be calm
and not stressed, because we force gambling when we experience successive losses, only makes us lose even more money. If our
minds have calmed down, we can maximize our abilities when playing gambling.

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November 14, 2020, 02:32:18 AM
 #239

I agree that if we have a losing streak it is better to rest first and stop playing gambling for a while. So that our minds can be calm
and not stressed, because we force gambling when we experience successive losses, only makes us lose even more money. If our
minds have calmed down, we can maximize our abilities when playing gambling.

Usually, after a losing streak, we will feel hard to stop playing gambling because we are still curious about the last gamble. We believe that our analysis is good, and we have the right selection to choose the team, but suddenly, the situation changed, which makes us lose the money.

We need to force ourselves to stop for a while to calm down our tension and mind because that can help us clear the mind. And after we can feel better, we can try to place another bet on another team, which we believe that we have a chance to win. But don't overconfident with our analysis because everything can happen in the field.
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November 14, 2020, 03:00:54 AM
 #240

The reason most people lose money on gambling is because they have no idea about gambling in order to earn money they participate in the game in which case they lose everything before seeing this you have to learn about betting it depends on fate it is often possible to move forward by applying one's intellect you just have to be more discriminating with the help you render toward other people. And no matter what kind of betting you do you need to analyze the site carefully and move forward according to the plan and think positively.
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November 14, 2020, 04:55:14 AM
 #241

Many gambler lose just because they took the step of other gambler  used yesterday to win,thinking the same thing Will happen to their bet than to make them lose all their bet for the game. Using online casino to bet without having more experience concerning that particular game you are about to play, can cause you a big loss. Many gambler lose in online casino just because they play base on history which is still causing many gambler loss every day by day.

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November 14, 2020, 07:45:05 AM
 #242

One more issue I find with sport betting is that the casinos and bookies offer a lot oromitions. Before every big tournaments I see ads in my country where you either get a 100% deposit bonus, or a free $10 bet if you bet $20 and more. For the average gambler taking advantage off these promotions and only bets on games he is comfortable with he should be making money in my opinion. The most important thing in my opinion is to know when to stop. Saving at least some of your winnings can make a huge difference over time. We must adapt to our bankroll and refrain from going all in.
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November 14, 2020, 10:03:26 AM
 #243

To minimize losing, you need to check your balance all the time. Have a plan how much you will be spending most of the time you go online with sportsbetting.

Control and don't violate the plan you've made.

I also lose in sportsbetting but it isn't that much but I do win too.



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November 14, 2020, 11:28:49 AM
 #244

To minimize losing, you need to check your balance all the time. Have a plan how much you will be spending most of the time you go online with sportsbetting.

Control and don't violate the plan you've made.

I also lose in sportsbetting but it isn't that much but I do win too.
Disciplined.
That is the one and only the most important instrument to win you a real cash in the long run.
Often happened to you when actually you were only hit by small lost , but you decide to go hunt after it and it is become a snowball you cannot stop it.
Then you lost it all.
And when you take a look back on whats going on that time , you will see how stupid you are.
If only you r disciplined and patient to wait. This type of mistakes will never happened.
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November 14, 2020, 12:46:18 PM
 #245

Because of an ambition or overconfidence. When betting on sports in a match where the team we believe will win is easy so that we are overconfidence in betting, so we ignore several factors that might at that time the opposing team have a slight advantage to win. Things like that at least often happen, I think there are no specific tips to minimize defeat because in gambling itself is a game of luck, so the most important thing to realize is not to overconfidence because it might become a blunder.
No, I am not a betting addict that risking in betting. It is.not ideal to bet when risk is high like odds but a good.win thought it.can.make. However, this is not the reaso why we lose in betting. The real.reason are the fees.of gambling platform and if it has regulated or mandate d by the government then pretty sure it will gey a tax. Others are paying 10% deduction of service fee and tax to winnings. This is where some money go and this is a form of losses on the gambler's side.
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November 14, 2020, 01:01:06 PM
 #246

But that doesn't apply to anyone, and I think it is not the term "research" that we usually say but the analysis of the team and players. I say that it doesn't apply to anyone since they have the knowledge about the team and the players so these gamblers could just make some adjustments based on the available data or scenarios. Still, they can lose even despite all of that, the reason we call it gambling.

Yeah, you can still lose the bet but what you're doing with some research is increasing the chance of winning and even though just because you done some research about the team and you're confident about them it's not a guaranteed win you're still doing what you can which is minimize the unnecessary risk by not betting on a team or a player that you don't believe in them based on your research, so it's not an excuse that just because it's gambling you don't have to research at all about which player and which team you put your bet on.
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November 14, 2020, 01:19:16 PM
 #247

To minimize losing, you need to check your balance all the time. Have a plan how much you will be spending most of the time you go online with sportsbetting.

Control and don't violate the plan you've made.

I also lose in sportsbetting but it isn't that much but I do win too.
I spent my profit most of the time in sports bettings why? Because it is too easy to win, Not because you need to control or what so ever , Here's my opinion and hope it helps others, When it comes in sports betting of course you need to analyze teams or whenever you put bets , because this is the best way to do which player's are gonna play which team are the best and you should know everything you need to know before betting not just because you had something to bet your going to go in the flow not like that. All you need to do is to have the perfect timing and perfect analyzation before putting your money at risk.
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November 14, 2020, 01:23:47 PM
 #248

In my honest opinion, there are no sure tips to success when talking about gambling, this industry has the loss and the win mode, the two are inevitable. While finds yourself in the loss section, kindly retrace back your footsteps to avoid be wreck in the process, and when find more loses please kindly exit the gambling world becasue your destiny doesn't support gambling Cheesy.

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November 14, 2020, 01:41:43 PM
 #249

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.

Its likely because of the fact that most of the games are not the same because of the current pandemic. A match with an audience are proved to be things that can change the match and some of these matches tend to go to the better team. Gambling on sports betting can now depend on just betting on the team with the better odds since anything can happen within the matches because of different scenarios.

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November 15, 2020, 04:02:20 PM
 #250

kindly retrace back your footsteps to avoid be wreck in the process, and when find more loses please kindly exit the gambling world becasue your destiny doesn't support gambling Cheesy.

Retracing is a preventive measure to avoid continuous loses and it concerns our emotion. If we can't control our emotion while losing out on our bets, we can keep trying but no success. However, gambling is a risky game that you can either profit in it or lose all you have.


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November 15, 2020, 05:39:09 PM
 #251

kindly retrace back your footsteps to avoid be wreck in the process, and when find more loses please kindly exit the gambling world becasue your destiny doesn't support gambling Cheesy.
Retracing is a preventive measure to avoid continuous loses and it concerns our emotion. If we can't control our emotion while losing out on our bets, we can keep trying but no success. However, gambling is a risky game that you can either profit in it or lose all you have.
Yes, that has been my strategy so far, but there are those without such strategy and it sad to know how their end did come abruptly when talk about gambler's loss. You're right, gambling is full of risk and those with the necessary risk management are those that can escape the wrought of losing , also, don't chase your lose.

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November 15, 2020, 10:45:24 PM
 #252

In my honest opinion, there are no sure tips to success when talking about gambling, this industry has the loss and the win mode, the two are inevitable. While finds yourself in the loss section, kindly retrace back your footsteps to avoid be wreck in the process, and when find more loses please kindly exit the gambling world becasue your destiny doesn't support gambling Cheesy.

Great advice  Grin
In fact, gambling should be viewed simply as entertainment. And if you spend reasonable money on this entertainment, everything will be fine. When a person crosses the line of adequacy, then problems begin. And it does not depend on the sphere in which it happens. If you spend your entire family budget on motorcycles or rare fish, the result will be no better than gambling.

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November 15, 2020, 11:50:45 PM
 #253

In my honest opinion, there are no sure tips to success when talking about gambling, this industry has the loss and the win mode, the two are inevitable. While finds yourself in the loss section, kindly retrace back your footsteps to avoid be wreck in the process, and when find more loses please kindly exit the gambling world becasue your destiny doesn't support gambling Cheesy.

Great advice  Grin
In fact, gambling should be viewed simply as entertainment. And if you spend reasonable money on this entertainment, everything will be fine. When a person crosses the line of adequacy, then problems begin. And it does not depend on the sphere in which it happens. If you spend your entire family budget on motorcycles or rare fish, the result will be no better than gambling.

If you think that gambling is a way to spend your money, then that is not good even if you are just doing it for entertainment. Gambling itself means you win or you lose, if you are just spending money, then that means you are only losing which is not fun IMO.

We need to be interested on what we are doing, whether it's fun or not, at least we challenge ourselves to try to find a way to win as that is where the real pleasure in gambling is achieved. Of course losing is possible also, it's the bad side, but you should know how to limit your bets, though you lose but it will not gonna ruin your finances.

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November 16, 2020, 12:03:13 AM
 #254

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.

There are people who are successful in sports betting, but these people are dedicated people who are a fan of those sports so they know the sports,  the individual player and the team very well, they dedicated their time and their effort to study the strength and the weakness of every team or players, if you are not that kind of sports bettors, then it's likely that you are going to win betting in sports betting and you will just rely on your hunch to win.

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November 16, 2020, 04:38:29 AM
 #255

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.
You can only have an edge in winning in sport betting if can stick with the sport you are well versed or knowledgeable in it else you may continue to lose your bets, avoid gambling randomly without being focus on a particular sport.
Personally my own prefernce in sport betting is soccer beside being a soccer fan, I have the ability of predicting some matches based on both team to score, goals below or above certain range  e.t.c resarching on various.teams is also very helpful in placing my bet.
In soccer betting you can win consistently with 2.0 to 3.0 odds without much risk.

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November 16, 2020, 04:43:12 AM
 #256

Since I realized that gambling is not all about your qualifications you have achieve in school that will make you win. Many gambler are still playing base on, they are well educated so no game will be hard  for them to win, not knowing that gambling is not base on your school qualification that will make you win than to cause you lose in your bet if you relax on qualifications alone without add experience and strategy to your gambling. Many are still loosing just because they failed to apply experience to their gambling which is causing them lose all the time.

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November 16, 2020, 01:00:28 PM
 #257

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.
You can only have an edge in winning in sport betting if can stick with the sport you are well versed or knowledgeable in it else you may continue to lose your bets, avoid gambling randomly without being focus on a particular sport.
Personally my own prefernce in sport betting is soccer beside being a soccer fan, I have the ability of predicting some matches based on both team to score, goals below or above certain range  e.t.c resarching on various.teams is also very helpful in placing my bet.
In soccer betting you can win consistently with 2.0 to 3.0 odds without much risk.
Lack of planning and lack of experience can result to have bad performance in sports betting, I make sure first that I'm in the mood before I bet in a certain sport because I want to have positive emotions first for me to able to think and analyze the performance of different teams. I often do sports betting in NBA but now there are still no games and I recently switch in PBA where it is now in playoffs and there is now elimination. Before I bet in specific teams, I usually analyzing the odds where I'm looking on who is favorite and who is the underdog then I will analyze the individual strength and weaknesses of the individuals there. I keep gaining a lot of data for me to add conviction on the team that can win in the match.

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November 16, 2020, 09:18:54 PM
 #258

Great advice  Grin
In fact, gambling should be viewed simply as entertainment. And if you spend reasonable money on this entertainment, everything will be fine. When a person crosses the line of adequacy, then problems begin. And it does not depend on the sphere in which it happens. If you spend your entire family budget on motorcycles or rare fish, the result will be no better than gambling.

If you think that gambling is a way to spend your money, then that is not good even if you are just doing it for entertainment. Gambling itself means you win or you lose, if you are just spending money, then that means you are only losing which is not fun IMO.

We need to be interested on what we are doing, whether it's fun or not, at least we challenge ourselves to try to find a way to win as that is where the real pleasure in gambling is achieved. Of course losing is possible also, it's the bad side, but you should know how to limit your bets, though you lose but it will not gonna ruin your finances.

I love gambling and this is not only entertainment - sometimes I test different strategies at great distances (now this is easy to do since everything is automated - both making bets and recording results), but I have never seen a strategy that at least allowed not to lose on a long distance. Do you really believe that it exists and if you struggle and look for it, you can find it? It seems to me that such a waste of energy will only bring disappointment.

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November 18, 2020, 08:38:19 PM
 #259

Correct, sometimes I have heard that some people say that there is no house edge on sports bets and obviously this is false, there is a house edge on each casino game and the ones in which there is not like poker they still get a rake for allowing you to play on their installations, so we lose because of the house edge and while some good gamblers can overcome it with great play the majority cannot and there is nothing wrong with that, we just must accept that we do not have the skill to beat the casino on their own games.
Yes, that is a fact. If a gambler wins 50% of his bets he is still in loss. From 53% on then we could say it started to be profitable.
Interesting that even at land based casinos where gamblers play sports betting they have to give some comission to the house workers when they win. I don't know what happens if they don't do, but it's a kind of tradition, what it's not bad at all because it guarantees gamblers free drinks and even free meals in some houses.
You bring another good point, making sport bets in a physical casino comes with an even higher cost because as you say you have to tip the people there out of your winnings and while this may not seem to be a big deal as you say the difference between a gambler that makes money in sport bets and one that loses it can be very small, when people look at that 53% win rate they think it is a very low but for the people that really know sports bets they know that someone that is winning that many times he is at least producing some profits out of the casino, nothing spectacular but winning money is always better than losing money.

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December 06, 2020, 01:26:59 PM
 #260

I think that the most important reason for losing consecutively or losing too much money is being greedy. For example, if a person loses two times in a row, then he/she should know to control himself/herself in that kind of situation. If he/she starts wanting to get the money back immediately, it is likely for him/her to make riskier bets and lose more money after that.

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December 06, 2020, 02:09:25 PM
 #261

because we are all greedy. If we win, we continue to play. we play more if we lose. For this reason, we are constantly losing money in sports betting.

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December 06, 2020, 02:35:37 PM
 #262

I think I am losing on sports betting because I am a bit bias,
And it could also be the reason why other is losing as well,
We would bet on our favorite team because we believe in them we would ignore the opponent.

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December 06, 2020, 03:08:59 PM
 #263

The first among the causes of gamblers loss is their 'greeds,' mostly the sport betting games are most the areas that gamblers chase after their loses, they won't stop for their loss but continuously chasing after this loss end them up in more damages. Those among these gamblers that abstain from greediness are those that are safe with sport betting games.
Most gambler seem to already know what caused them to lose the gambling they played and they even know what caused them to lose so much. Some of reason are greed and a strong desire to keep winning. Not many people were able to gamble responsibly and most of them had probably bet beyond their ability to accept defeat. I'm not sure the more capital we have when gambling can determine the amount of money we can win, because usually a lot of capital will only make it difficult for us to stay away from greed and be very close to losing streak.

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December 06, 2020, 03:10:37 PM
 #264

In personal judgment every gambler will lose more money according to the games that are often played. If you bet on sports more often then of course you will lose more money in sports betting, and so will other gambling such as casinos. So, we cannot assume that the gambler loses more money on just one type of gambling, because there are basic factors of concern. Regardless, to win and at least minimize losses you must at least be aware of your own abilities and be aware of the level or factor of luck at the same time, there is no need to be ambitious to take what has been lost.

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December 06, 2020, 03:11:52 PM
 #265

It's not just about sports betting but about gambling as a whole. Even I have been gambling for quite a while now and I have only lost more than I have won.
We can't really do anything about it. Sometimes it's just our bad luck and other times we don't have enough skills and experience.
Stopping the bets at the right time is also a factor that derives accumulation of overall profits.
There are some who get a huge amount of money through betting/gambling but there are many who don't.

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December 06, 2020, 03:14:53 PM
 #266

because we are all greedy. If we win, we continue to play. we play more if we lose. For this reason, we are constantly losing money in sports betting.
The first among the causes of gamblers loss is their 'greeds,' mostly the sport betting games are most the areas that gamblers chase after their loses, they won't stop for their loss but continuously chasing after this loss end them up in more damages. Those among these gamblers that abstain from greediness are those that are safe with sport betting games.
It is also good if we can manage our own self and set a limit on every money we are losing. Base on my own experience, I minimize my losing by limiting my expenses and setting a date when I am going to gamble. Instead of daily gambling, I made it every other day. When it comes to sport gambling, I am also analyzing every team so that I know whose side am I going to bet on but when it comes to game gambling like poker or bacarat, I am studying to maximize the chance of winning.
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December 06, 2020, 03:30:28 PM
 #267

One of the reason why most of us in sports betting ran into huge loss is because we bet beyond our ability financially. This sports betting when done beyond ones ability gives room for a gambler to start chasing after their losses which sometime eventually create more avenue for greater loss for greedy gamblers.

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December 06, 2020, 03:51:49 PM
 #268

The first among the causes of gamblers loss is their 'greeds,' mostly the sport betting games are most the areas that gamblers chase after their loses, they won't stop for their loss but continuously chasing after this loss end them up in more damages. Those among these gamblers that abstain from greediness are those that are safe with sport betting games.
Most gambler seem to already know what caused them to lose the gambling they played and they even know what caused them to lose so much. Some of reason are greed and a strong desire to keep winning. Not many people were able to gamble responsibly and most of them had probably bet beyond their ability to accept defeat. I'm not sure the more capital we have when gambling can determine the amount of money we can win, because usually a lot of capital will only make it difficult for us to stay away from greed and be very close to losing streak.

For me i'll just accept the fact that the principle of gambling is losing and winning. Even i have the best strategy, the best tactic that i know and i learned from my past experience it doesn't mean as an assurance that in your next gambling you will always be a winner. It is really difficult to place a bet but that is why gambler are here right, to take risks, to try to spin the wheel of fortune maybe on our favour. Greediness, eagerness to win the game was a plus factor.

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December 06, 2020, 04:04:28 PM
 #269

One of the reason why most of us in sports betting ran into huge loss is because we bet beyond our ability financially. This sports betting when done beyond ones ability gives room for a gambler to start chasing after their losses which sometime eventually create more avenue for greater loss for greedy gamblers.
Agree, that also contributed hugely for the loss of gamblers money. That is why we as gamblers should learn to live according to our incomes, we should not live above what can't lose. The bigger problem of some gamblers is, they like running after their losses and in so doing incur more loses in the process. "Don't gamble with funds you can't afford to loss".

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December 06, 2020, 04:12:17 PM
 #270

When asked this I have always replied that from the moment I like sports, especially football, I also like to bet on it. And I really do not mind to lose some small amounts when betting my weekly bet-slip. I usually pick the games with a few friends and then we share the bet so it is also fun to play. If that would become an addiction I would simply stop.
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December 06, 2020, 04:36:38 PM
 #271

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.
We tend to lose a lot of money in sports betting because sometimes we are too confident and go all-in that the team we choose will win the match but later on unexpectedly sometimes it fail. It happens to me many times, I always rely on statistics of the team I always choose the strongest and won most of it but my last bet made me quit, so frustrating because after the successive winnings next is a very hard loss. 
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December 06, 2020, 04:44:57 PM
 #272

My observation is that most of the people are not analyzing the team and just looking at odds and if they lose they aggressively betting high bets. Also I don't there are many users lose than winning maybe we just don't heard some players and their winnings and we mostly hear losses since there's no risk announcing you lose rather than you win.

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December 06, 2020, 04:55:34 PM
 #273

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.

There are people who are successful in sports betting, but these people are dedicated people who are a fan of those sports so they know the sports,  the individual player and the team very well, they dedicated their time and their effort to study the strength and the weakness of every team or players, if you are not that kind of sports bettors, then it's likely that you are going to win betting in sports betting and you will just rely on your hunch to win.
It is true some those people who really winning from sports betting are those who really love the game from the start where they supporting it and sometimes they analyzing before they put their money on the risk , even me i always analyzing who will be the player and what will be the outcome of the game it is really easy to win the sports betting tho, just make sure follow your guts and then don't just rely on a player sometimes they chock and never comeback the game that's happening sometimes, either you knew the player already doesn't he always can win the game sometime it is in the mood of the player aswell.
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December 06, 2020, 04:58:58 PM
 #274

When asked this I have always replied that from the moment I like sports, especially football, I also like to bet on it. And I really do not mind to lose some small amounts when betting my weekly bet-slip. I usually pick the games with a few friends and then we share the bet so it is also fun to play. If that would become an addiction I would simply stop.
You may have self control and this is why you know well what is the different between simple gambling and addiction.

From my own experience i can say that self control play the key role in gambling for a professional gambler nd he know well where to stop or not. Its not for them who wants to recover all his previous losses just in a single match. Gambling is okay for you until its starting to control your mind otherwise you are just taking extra risks which may bring unexpected loses for you.

My observation is that most of the people are not analyzing the team and just looking at odds and if they lose they aggressively betting high bets. Also I don't there are many users lose than winning maybe we just don't heard some players and their winnings and we mostly hear losses since there's no risk announcing you lose rather than you win.
I don't think most of the people but a good number of gambler give priority to odds during placing their bets. Professional gamblers never run after odds where they try their best to put their bet on safe side.  


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December 06, 2020, 05:15:35 PM
 #275

I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious about gambling, but I can't deny that I have been losing money more than I win.

Share some tips to win or to minimize losing?
______

This thread is open for the winners and losers.

As for me, it's because of a lack of discipline and self-control. Sometimes we're carried by too much hype on our bet. Knowing our limits as we enter gambling would be a big help. As gambling professionals always advise, we should only bet what we could afford to lose because winning in gambling is mostly by luck. If ever you'll win a good prize you better keep it or save it because greediness sometimes could make us lose everything.
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December 06, 2020, 06:15:03 PM
 #276

Interestingly, the author of the topic thought that the opposite situation (when the majority of players win) is mathematically impossible. Here we have the classic zero-sum game - every win is someone else's loss. Plus, we must not forget about the commission that the organizer of the game takes.

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December 06, 2020, 07:49:47 PM
 #277

Interestingly, the author of the topic thought that the opposite situation (when the majority of players win) is mathematically impossible. Here we have the classic zero-sum game - every win is someone else's loss. Plus, we must not forget about the commission that the organizer of the game takes.
And this is where this gambling industry becomes too profitable for them because they do get commissions out of those neither wins or losses from to their bettors.

The thing you said was right on when someone do make some winnings then theres always an opposite to it which other players do lose.

Losing is always been a normal part of gambling and this is why when we do step in on playing gambling on any type or sort then
be prepared that you would inevitably experience up these things.

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