Why most of us are losing money in sports betting?

[proTECH77]

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.

[Mauser]

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.

[boyptc]

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.

[daarul50]

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.

[erikoy]

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.

[XZERO1]

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.

[Noctis Connor]

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.

[XCANA]

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 .

[mezzaluna]

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.

[Gozie51]

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 .

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.

[XCANA]

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 .

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.

[KTChampions]

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 .

Great advice 
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.

[mirakal]

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 .

Great advice 
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.

[fortunecrypto]

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.

[gabbie2010]

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.

[proTECH77]

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.

[TitanGEL]

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.

[KTChampions]

Great advice 
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.

[South Park]

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.

[CLS63]

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.