Why most of us are losing money in sports betting?

[Kusman]

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.

[1715369427]

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[1715369427]

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[acener]

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.

[ShowOff]

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.

[hahay]

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.

[pawanjain]

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.

[Serious475]

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.

[Sebas.tian]

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.

[ice098]

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.

[Becky666]

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".

[acquafredda]

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.

[ecnalubma]

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. 

[zidanw]

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.

[Noctis Connor]

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.

[TalkStar]

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.  

[Cling18]

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.

[KTChampions]

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.

[carlfebz2]

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.