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Author Topic: Who says you can't be a millionaire in sports betting?  (Read 2453 times)
qwertyup23
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December 07, 2023, 11:20:42 PM
 #161

You don't win if you don't try, this gambler for sure kept trying on playing "bet builder", probably even on "parlay", and finally one day he made himself a millionaire. This is a significant success already as not everyone can win a huge amount in gambling, considering the bet was only less than $20.

What can you say about this? Are you willing to risk your $18 to win $18k, or a million in PHP pesos?

No way that I would risk that amount of money in sports betting even if I am somehow knowledgeable about such subject.

$18,000 is a lot of money. Well obviously, that person is most likely rich to begin with as he has the luxury to bet that significant amount instead of investing it. The fact that he can risk that kind of money implies that he has probably have no use for such money. Again, this can be potentially dangerous as it somehow sets the tone for future sports betting fan.

I am a believer that a gambler gambles their money in proportion to their current financial status. If a person is rich to begin with. they have more access to cash for betting. But if a gambler is average, they will only gamble away a certain portion of their income.

 
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Iroh
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December 07, 2023, 11:51:34 PM
 #162

Therefore, nobody should go beyond their financial limits, neither adopt a mindset that they aren't winning, because they aren't trying, as even if they were trying, most of them wouldn't win, anyway.

A lot of people feel kinda pressured to have such win themselves when they see huge wins being achieved from different people. Such pressure would only make one to go way beyond their financial limits in high and most times, unrealistic hopes and expectations of getting a positive outcome in gambling.
There are a very few stories of success and big wins gotten from gambling compared to the number of people who actually gambles. But apparently, those few stories are more than enough to keep the flames of hope in an individual, constantly burning.
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December 08, 2023, 12:05:34 PM
 #163

18 dollar to 18,000 dollar is really an amazing win considering that he manage to risk double digit to win 5 digits  Grin Grin and I must say this is the meaning where Luck can really turns person life into different outcome.
it may not be Million dollars but still a huge amount to consider when the Odds is really low and the bet can be consider also tolerable for single betting .
congratulations then and lookin forward to other sharing of their luck from sports betting at least .
Betting on big parlays is only profitable if odds are good, if you accumulate bad odds in your multi bet it can be devastating. That's why some sportbooks offered bonuses for parlays, because their margin is usually high. So if this guy didn't check carefully the odds of his accumulators, he is very likely to have lose more than those winnings by placing maybe more than 1000+ multis before.
lucky that he have got that luck , so gambling is really for lucky person .

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December 09, 2023, 02:00:41 AM
 #164


So you see, those who are preaching that you can't win in gambling, this is for you!
That doesn't mean you won't win, but it's very rare for people to win gambling and that's the fact.
The victory requires skill as well as luck those who share the winning moment may be because they have just experienced a big win with big odds and this can be said to be luck once in my life and I am sure that person will not experience big win again.
Don't assume as if one day we can win a large amount of gambling because this will encourage someone to continue gambling in order to achieve the win they want, there's no harm in hoping to win but don't get your hopes up too much. big wins with big odds because usually at big odds the chance of winning is only small and by chance the person gets lucky in his sports betting but at least he can become a millionaire from the win and I'm happy to hear that there are people who can win bets in large amounts and to be honest I do too I want to feel luck like this Grin
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December 09, 2023, 11:08:30 AM
 #165

Therefore, nobody should go beyond their financial limits, neither adopt a mindset that they aren't winning, because they aren't trying, as even if they were trying, most of them wouldn't win, anyway.

A lot of people feel kinda pressured to have such win themselves when they see huge wins being achieved from different people. Such pressure would only make one to go way beyond their financial limits in high and most times, unrealistic hopes and expectations of getting a positive outcome in gambling.
There are a very few stories of success and big wins gotten from gambling compared to the number of people who actually gambles. But apparently, those few stories are more than enough to keep the flames of hope in an individual, constantly burning.
If gamblers feel pressured because they want to win, that is a mistake they are making because they should know that in gambling, winning is very difficult. No matter how many times you try, you won't be able to win, but if they are in the right place at the right time, you can win easily. So you don't need to feel stressed when playing gambling. You just need to enjoy it so that you can get pleasure from gambling. Indeed, some people can win from gambling and they really can get the right time to win. But for others, they will find it difficult to win even if they try. In sports betting, they need the ability to analyze the match so they can place a bet on the right team.
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December 09, 2023, 11:58:09 AM
 #166

You don't win if you don't try, this gambler for sure kept trying on playing "bet builder", probably even on "parlay", and finally one day he made himself a millionaire. This is a significant success already as not everyone can win a huge amount in gambling, considering the bet was only less than $20.

What can you say about this? Are you willing to risk your $18 to win $18k, or a million in PHP pesos?

No way that I would risk that amount of money in sports betting even if I am somehow knowledgeable about such subject.

$18,000 is a lot of money. Well obviously, that person is most likely rich to begin with as he has the luxury to bet that significant amount instead of investing it. The fact that he can risk that kind of money implies that he has probably have no use for such money. Again, this can be potentially dangerous as it somehow sets the tone for future sports betting fan.

I am a believer that a gambler gambles their money in proportion to their current financial status. If a person is rich to begin with. they have more access to cash for betting.

Your knowledge isn't enough to win $18k from $18 bet, that was x1000 odds, all you need is luck to hit that big win, probably life changing for some already. Well, as for me, i can't say, maybe I could be at that level but that's only when I'm already up with significant amount, it's always based on the bankroll.


Quote
But if a gambler is average, they will only gamble away a certain portion of their income.

Regardless of your status, it should still be a portion of your income as gambling all of your income is just like committing a suicide or living a life that there's no tomorrow.

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December 09, 2023, 12:54:32 PM
 #167

Therefore, nobody should go beyond their financial limits, neither adopt a mindset that they aren't winning, because they aren't trying, as even if they were trying, most of them wouldn't win, anyway.

A lot of people feel kinda pressured to have such win themselves when they see huge wins being achieved from different people. Such pressure would only make one to go way beyond their financial limits in high and most times, unrealistic hopes and expectations of getting a positive outcome in gambling.
There are a very few stories of success and big wins gotten from gambling compared to the number of people who actually gambles. But apparently, those few stories are more than enough to keep the flames of hope in an individual, constantly burning.
If gamblers feel pressured because they want to win, that is a mistake they are making because they should know that in gambling, winning is very difficult. No matter how many times you try, you won't be able to win, but if they are in the right place at the right time, you can win easily. So you don't need to feel stressed when playing gambling. You just need to enjoy it so that you can get pleasure from gambling. Indeed, some people can win from gambling and they really can get the right time to win. But for others, they will find it difficult to win even if they try. In sports betting, they need the ability to analyze the match so they can place a bet on the right team.
Sports betting requires analytical abilities, game knowledge, and psychology. Seriously interested people analyze teams, players, and weather, not simply luck. Isn't it more complicated than chance? Like chess, you must anticipate, plan, and sometimes bluff

Yes, one should appreciate the stress, but isn't the excitement part of gambling? Adrenaline rushes are engaging but can impair judgment. People get caught up in the moment and forget their strategies. Though they think they're playing, isn't the game sometimes playing them? Knowing when to be strategic and when to relax is tricky. Isn't that a skill too?

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December 09, 2023, 01:08:50 PM
 #168

Regardless of your status, it should still be a portion of your income as gambling all of your income is just like committing a suicide or living a life that there's no tomorrow.

That's true...... No gambler has an infinite bankroll, so even if you are filthy rich, you need to take care of your finances and allocate only a certain percentage to expose in gambling.

I expect that when a wealthy individual gambles, it's primarily for entertainment, reducing the likelihood of addiction as long as they remain responsible. Rich people do find ways to enjoy their money, but they are not as reckless as those who, out of desperation, try to make money through gambling.

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December 09, 2023, 05:53:01 PM
 #169

Therefore, nobody should go beyond their financial limits, neither adopt a mindset that they aren't winning, because they aren't trying, as even if they were trying, most of them wouldn't win, anyway.
A lot of people feel kinda pressured to have such win themselves when they see huge wins being achieved from different people. Such pressure would only make one to go way beyond their financial limits in high and most times, unrealistic hopes and expectations of getting a positive outcome in gambling.
There are a very few stories of success and big wins gotten from gambling compared to the number of people who actually gambles. But apparently, those few stories are more than enough to keep the flames of hope in an individual, constantly burning.
Getting huge wins is only for people with a high level of luck and not every normal individual who gambles because there are millions of gamblers in the whole world, if people start getting such huge wins very commonly, the casinos will start going bankrupt very soon as they won't be earning as much as they will be giving away to players for their winnings. And it's even more difficult for one to get huge wins from sports betting because gambling games generally have jackpots and stuff that one with luck may hit but in sports betting, it's about winning a parlay with high odds and that's very much difficult.

So, even though anyone with knowledge and experience can gain profit from sports betting, it's only for some chosen people to be able to get huge wins from it and all others will only get small amounts of profit based on the odds they've selected and the odds are barely too high for a normal winning match.
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December 09, 2023, 05:55:30 PM
 #170

I think the games of today in Premier League tells you exactly why no one can ever be a millionaire with sport betting,all the favorites or better except Liverpool all the favorites lost or did not win their games today,imagine if you were a millionaire sport bettor and if you did bet on today games you would go directly from a millionaire to a homeless with the results of today games in the Premier League.

Of course if you are patient enough,do not rush and do not play bigger leagues you may have very slim chances but overall it is almost impossible to become a millionaire with sport betting.


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December 09, 2023, 06:03:38 PM
 #171

Therefore, nobody should go beyond their financial limits, neither adopt a mindset that they aren't winning, because they aren't trying, as even if they were trying, most of them wouldn't win, anyway.

A lot of people feel kinda pressured to have such win themselves when they see huge wins being achieved from different people. Such pressure would only make one to go way beyond their financial limits in high and most times, unrealistic hopes and expectations of getting a positive outcome in gambling.
There are a very few stories of success and big wins gotten from gambling compared to the number of people who actually gambles. But apparently, those few stories are more than enough to keep the flames of hope in an individual, constantly burning.
If gamblers feel pressured because they want to win, that is a mistake they are making because they should know that in gambling, winning is very difficult. No matter how many times you try, you won't be able to win, but if they are in the right place at the right time, you can win easily. So you don't need to feel stressed when playing gambling. You just need to enjoy it so that you can get pleasure from gambling. Indeed, some people can win from gambling and they really can get the right time to win. But for others, they will find it difficult to win even if they try. In sports betting, they need the ability to analyze the match so they can place a bet on the right team.
Sports betting requires analytical abilities, game knowledge, and psychology. Seriously interested people analyze teams, players, and weather, not simply luck. Isn't it more complicated than chance? Like chess, you must anticipate, plan, and sometimes bluff

Yes, one should appreciate the stress, but isn't the excitement part of gambling? Adrenaline rushes are engaging but can impair judgment. People get caught up in the moment and forget their strategies. Though they think they're playing, isn't the game sometimes playing them? Knowing when to be strategic and when to relax is tricky. Isn't that a skill too?
Well, definitely, knowing when to play on, and when to relax or take a break is definitely a skill on its own, but let me say that gambling is generally a game of chance, and this is because, in the end, after the whole strategizing, analyzing, weighing options and so on, a gambler will still have to depend on luck to for the final decision of whether they won or lost, most especially, if what we are talking about is sports betting.

For other types or form of gambling like playing the casino or slot games, that's totally luck dependent, and there is no strategy or analysis of any kind, that will change what will be in term of the outcome of the game, no kind of strategy will increase or decrease the gamblers chances of winning if they are lucky or unlucky.

So yeah, the key thing to always note for all gamblers is that gambling in general, is a game of chance and luck, whether you are betting on sports, or playing slot or casino games.
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December 09, 2023, 10:23:46 PM
 #172

I think the games of today in Premier League tells you exactly why no one can ever be a millionaire with sport betting,all the favorites or better except Liverpool all the favorites lost or did not win their games today,imagine if you were a millionaire sport bettor and if you did bet on today games you would go directly from a millionaire to a homeless with the results of today games in the Premier League.

Of course if you are patient enough,do not rush and do not play bigger leagues you may have very slim chances but overall it is almost impossible to become a millionaire with sport betting.
Without a doubt reaching that level of wealth is unlikely, but at the same time we know it can be done as there have been a few gamblers that have done it, and dealing with the scenario that you bring forward is not that difficult, as you can manage your money in such a way that each one of those losses will only represent a small loss of your capital and you get to keep most of it to make even more bets, since sooner or later the favorites will start to defeat their opponents once again.
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December 09, 2023, 10:37:05 PM
 #173

I think the games of today in Premier League tells you exactly why no one can ever be a millionaire with sport betting,all the favorites or better except Liverpool all the favorites lost or did not win their games today,imagine if you were a millionaire sport bettor and if you did bet on today games you would go directly from a millionaire to a homeless with the results of today games in the Premier League.

Of course if you are patient enough,do not rush and do not play bigger leagues you may have very slim chances but overall it is almost impossible to become a millionaire with sport betting.
Undoubtedly, the result of today's games in the English Premier League goes a long way to prove that sporting betting is some that's very difficult to predict the final outcome but on several occasions have we seen high stakers win millions of naira with sport betting especially some celebrities who regularly bet on big games.

So in my own opinion about becoming a millionaire through sports betting, it depends on the amount of money someone invests in to gambling that'll determine the possibilities of winning millions in sport betting

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ethereumhunter
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December 10, 2023, 04:51:25 AM
 #174

Sports betting requires analytical abilities, game knowledge, and psychology. Seriously interested people analyze teams, players, and weather, not simply luck. Isn't it more complicated than chance? Like chess, you must anticipate, plan, and sometimes bluff

Yes, one should appreciate the stress, but isn't the excitement part of gambling? Adrenaline rushes are engaging but can impair judgment. People get caught up in the moment and forget their strategies. Though they think they're playing, isn't the game sometimes playing them? Knowing when to be strategic and when to relax is tricky. Isn't that a skill too?
That's why people who want to place bets on sports betting must really have the ability to analyze well and correctly to find the team. That could be something that many people haven't mastered so they think that sports betting is difficult and not for most people.

Excitement is part of gambling but if they get stress from playing from gambling, won't it just bother them and they can't forget what happened to them during gambling? People must be able to think clearly about gambling games and they should not expect to win too much from gambling games because gambling is not a place to make money. But when they have skills in analyzing sports betting, they can definitely win and collect money until they eventually become millionaires. But it takes a long time so they have to be patient.
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December 13, 2023, 10:28:45 PM
 #175

I think the games of today in Premier League tells you exactly why no one can ever be a millionaire with sport betting,all the favorites or better except Liverpool all the favorites lost or did not win their games today,imagine if you were a millionaire sport bettor and if you did bet on today games you would go directly from a millionaire to a homeless with the results of today games in the Premier League.

Of course if you are patient enough,do not rush and do not play bigger leagues you may have very slim chances but overall it is almost impossible to become a millionaire with sport betting.
Undoubtedly, the result of today's games in the English Premier League goes a long way to prove that sporting betting is some that's very difficult to predict the final outcome but on several occasions have we seen high stakers win millions of naira with sport betting especially some celebrities who regularly bet on big games.

So in my own opinion about becoming a millionaire through sports betting, it depends on the amount of money someone invests in to gambling that'll determine the possibilities of winning millions in sport betting
Unless a person already has a high starting capital before they even attempt to become a professional gambler, they have almost no chance to achieve that goal, as a great deal of those which want to achieve those results want to substitute their current job with gambling, so not only they will need to earn enough money to sustain their current lifestyle, they also need to earn enough to become a millionaire, and this is a goal that is too difficult to achieve for most people.
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December 13, 2023, 10:49:21 PM
 #176

I think the games of today in Premier League tells you exactly why no one can ever be a millionaire with sport betting,all the favorites or better except Liverpool all the favorites lost or did not win their games today,imagine if you were a millionaire sport bettor and if you did bet on today games you would go directly from a millionaire to a homeless with the results of today games in the Premier League.

Of course if you are patient enough,do not rush and do not play bigger leagues you may have very slim chances but overall it is almost impossible to become a millionaire with sport betting.
Undoubtedly, the result of today's games in the English Premier League goes a long way to prove that sporting betting is some that's very difficult to predict the final outcome but on several occasions have we seen high stakers win millions of naira with sport betting especially some celebrities who regularly bet on big games.

So in my own opinion about becoming a millionaire through sports betting, it depends on the amount of money someone invests in to gambling that'll determine the possibilities of winning millions in sport betting
Unless a person already has a high starting capital before they even attempt to become a professional gambler, they have almost no chance to achieve that goal, as a great deal of those which want to achieve those results want to substitute their current job with gambling, so not only they will need to earn enough money to sustain their current lifestyle, they also need to earn enough to become a millionaire, and this is a goal that is too difficult to achieve for most people.

And you need a huge dedication for that before to happen and not all can really do that since it take a lot of efforts also huge money to spend before you can reach from that status to be in million profit. But some get lucky to achieve that for small spending and they are super lucky with that achievements. That's its incomparable if we talk about getting similar situation to lucky winners since not everyone will be lucky enough to became a millionaire by just spending less since to many people use a lot of money just to earn back or get a profit for that figures we are talking about.

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Dewi Aries
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December 13, 2023, 11:01:57 PM
 #177

Regardless of your status, it should still be a portion of your income as gambling all of your income is just like committing a suicide or living a life that there's no tomorrow.

That's true...... No gambler has an infinite bankroll, so even if you are filthy rich, you need to take care of your finances and allocate only a certain percentage to expose in gambling.

I expect that when a wealthy individual gambles, it's primarily for entertainment, reducing the likelihood of addiction as long as they remain responsible. Rich people do find ways to enjoy their money, but they are not as reckless as those who, out of desperation, try to make money through gambling.

Some people think that by having abundant finances they will be able to do whatever they want to do including spending money on gambling, they think it is a real freedom to gamble without having to have a time limit, but basically money has the nature of easily lost and difficult to find, the wrong mindset with no understanding of management makes them rich people feel they have the freedom to do anything, even though the casino will be happier if there is one gambler who has a lot of money and comes with the wrong mindset regarding the chances of winning.

It should be like that and indeed gambling with the aim of just entertainment is really recommended, not only for the rich but for all groups including the poor. In any case management is always the most important thing for a balance. Having good management in the allocation of money and also changing the point of view by gambling only for entertainment will make you safer in your gambling involvement. But on the other hand I see more poor people who come with the aim of earning than rich people, because obviously the circumstances are the main cause, poor people come because they are tempted by opportunities that they think will be able to multiply the money they bring.
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December 13, 2023, 11:11:22 PM
 #178

What can you say about this? Are you willing to risk your $18 to win $18k, or a million in PHP pesos?

Yes, I'm willing to risk that kind of amount with those juicy odds, however, it's something that I won't try often.

Pure luck is needed on that kind of attempt. There's no skill involved there. Even how good a bettor is, hitting those odds has low chances.

Congratulations on that bettor but shouldn't be a good practice to always try that kind of risk.
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December 13, 2023, 11:42:21 PM
 #179

What can you say about this?
It is a lucky win, who knows how many times he has lost bets before announcing a big win like this to the public? it has become a normal habit that when a gambler wins big in gambling, they forget their lost bets and become happy with their current win, making them forget the big and small losses they have experienced in the past.

Are you willing to risk your $18 to win $18k, or a million in PHP pesos?
Yes, I can risk it as long as the sum is not the last money I have and I won't feel bad about losing my bets.

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December 15, 2023, 11:07:31 AM
 #180

Sports betting requires analytical abilities, game knowledge, and psychology. Seriously interested people analyze teams, players, and weather, not simply luck. Isn't it more complicated than chance? Like chess, you must anticipate, plan, and sometimes bluff

Yes, one should appreciate the stress, but isn't the excitement part of gambling? Adrenaline rushes are engaging but can impair judgment. People get caught up in the moment and forget their strategies. Though they think they're playing, isn't the game sometimes playing them? Knowing when to be strategic and when to relax is tricky. Isn't that a skill too?
That's why people who want to place bets on sports betting must really have the ability to analyze well and correctly to find the team. That could be something that many people haven't mastered so they think that sports betting is difficult and not for most people.

Excitement is part of gambling but if they get stress from playing from gambling, won't it just bother them and they can't forget what happened to them during gambling? People must be able to think clearly about gambling games and they should not expect to win too much from gambling games because gambling is not a place to make money. But when they have skills in analyzing sports betting, they can definitely win and collect money until they eventually become millionaires. But it takes a long time so they have to be patient.
The ability to analyze is very important in sports betting to be able to produce good predictions, even though they are not necessarily accurate and guaranteed to win, but at least if predictions are based on analysis then gamblers can increase their chances of winning.
But the ability to analyze also requires knowledge and experience, and even then the knowledge must also be really broad or you could say knowledge of all aspects of the type of sport that will be bet on.
Most gamblers, especially novice gamblers who want to bet on sports betting, usually just rely on Odds or also rely on their favorite favorite players or team.
And most betting options especially beginners are only about winning or they bet by selecting the superior team on winning.

Mindset, everything depends on the gambler own mindset, if they think about having fun with every bet then they will definitely have fun.
But if the mindset is wrong or is only about money, it is about making win, then loss or even win but in small amount cannot make them feel joy.
So far, the biggest mistake that always threatens gambler ruin is an inappropriate mindset.
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