Who says you can't be a millionaire in sports betting?

[maydna]

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

I am always responsible for my gambling emotions and don't get moved or enticed by the interesting and appreciative games played so, I can't risk my $18 on such instead I would rather make stakes according to my gambling budgets and of course stake according to my faith.

It would be good if you could be responsible with your gambling emotions and not be tempted by the interesting gambling games you see in the casino you use. This is very important because even though you have the opportunity to earn a lot of money, you cannot have self-control. It will be useless because you will still experience loss and spend all the money. Many people are willing to risk $18 to win $18k, but they don't think that losing $18 can make them forget themselves and still try to chase and get $18k. It would be a waste because they could use more money while they couldn't get that $18k win.

If they want to earn $18k, they might be able to learn skills that can be used to play skill-based gambling to increase their chances of winning. If not, they don't need to try too hard to get a big win because they might get disappointed because they can't get that big win. Especially if they risk a lot of money to chase that big win, which many have tried and most have failed.

[boyptc]

That's a huge leap of faith with his sportsbetting skills. I'm willing to take risk with small amounts when the potential reward is high.

There's no problem with that but this requires so much luck that I think won't happen to me in my life time. Whoever is the one that shared that winnings, he's proud for sure.

But I hope that he'll take care of that money very well and won't let it back to the bookie so spend that money wisely.

According to OP, the stake was an equivalent of only $18, that's not a massive amount of money even in the Philippines, and pretty much any working person could afford it say once a month.

Yes, that's just a small amount to consider to bet for having that winning.

The winnings are also not life-changing (meaning he could not retire with that amount alone), so there's nothing wrong in putting some of it back and hoping for even bigger win. Especially if we consider that the guy was pretty skilled in analysing odds rather than relying on a pure luck.

In today's value of that money, it's true that it's not life changing but with such amount. It can help that person do important things that he need to do with that kind of amount. Still, it's a big help.

But if he decides to bet that back or a few amount of it, then good luck because chances that it may repeat is unlikely.

[Weawant]

The casino will sponsor mostly the professional gamblers because their game will be seen by most of the public around them in the casino.The casino which sponsors them only for the benefit for the name and some followers of the professional gambler will do the bidding on that gambling site.Finally both the gamblers and the casino get money by just wearing the cap of that casino.The gamblers who had huge experience will get the chance from the casino and the average gamblers may not win the game.They also can’t afford the loss in the gambling sites.The money benefit for the average gambler will be low in all aspects.

This is more like a promotional strategy for some of these casinos because they are very much aware that some of these professionals have got good followers on their various social media platforms where they put out their successful gambling strategy to probably get the attention of the public into subscribing to their channel and increasing their followers.

Some of these casinos who have noticed these professional gamblers and are aware of their fan base will want to take advantage of these professional gamblers following base to make promotions and get more customers because most of these big gamblers are trusted by their followers due to the results they have seen over time so if they endorse or recommend any platform, they hop on it to take advantage of the bonuses and other benefits that may come with these sites. But then at both the professional gambler, their followers and the casino gets to profit at the end of the day but not a at the same time.

[hedgeh0g]

The casino will sponsor mostly the professional gamblers because their game will be seen by most of the public around them in the casino.The casino which sponsors them only for the benefit for the name and some followers of the professional gambler will do the bidding on that gambling site.Finally both the gamblers and the casino get money by just wearing the cap of that casino.The gamblers who had huge experience will get the chance from the casino and the average gamblers may not win the game.They also can’t afford the loss in the gambling sites.The money benefit for the average gambler will be low in all aspects.

This is more like a promotional strategy for some of these casinos because they are very much aware that some of these professionals have got good followers on their various social media platforms where they put out their successful gambling strategy to probably get the attention of the public into subscribing to their channel and increasing their followers.

Some of these casinos who have noticed these professional gamblers and are aware of their fan base will want to take advantage of these professional gamblers following base to make promotions and get more customers because most of these big gamblers are trusted by their followers due to the results they have seen over time so if they endorse or recommend any platform, they hop on it to take advantage of the bonuses and other benefits that may come with these sites. But then at both the professional gambler, their followers and the casino gets to profit at the end of the day but not a at the same time.

It doesn’t happen that a player with a large audience publicly showed strategies that allow him to consistently make money on sports betting. This is just a bait for subscribers who, after using this, will end up leaving their money on this gambling platform that the influencer will advertise. If there is a profitable strategy, then no one will ever tell it, especially publicly, because it is a gold mine with which you can single-handedly earn an endless amount of money until this strategy is discovered and banned from use.

Probably the risk manager monitors such situations and has a lot of information, which will allow him to interrupt this so that the sports betting campaign does not go bankrupt.

[Oasisman]

That's a huge leap of faith with his sportsbetting skills. I'm willing to take risk with small amounts when the potential reward is high.

There's no problem with that but this requires so much luck that I think won't happen to me in my life time. Whoever is the one that shared that winnings, he's proud for sure.

But I hope that he'll take care of that money very well and won't let it back to the bookie so spend that money wisely.

According to OP, the stake was an equivalent of only $18, that's not a massive amount of money even in the Philippines, and pretty much any working person could afford it say once a month.
The winnings are also not life-changing (meaning he could not retire with that amount alone), so there's nothing wrong in putting some of it back and hoping for even bigger win. Especially if we consider that the guy was pretty skilled in analysing odds rather than relying on a pure luck.

I agree that the amount he stake is pretty low and the amount he won is also quite huge but not enough for someone to retire.
Yes, he have skills in analysis for making this series of win possible, but still there is a touch of luck in there. I bet there's a lot of sports analyst who's better than the guy but most of them might not be able to achieve this kind of streak.

@OP, I wouldn't think he made a million either with this bet. We have to include how much he have lost over the course of his whole sports betting activities.

[Unbunplease]

To succeed in sports betting, you have to literally live the sport you are betting on. It is necessary to know statistics, individual characteristics of players, their game preferences, psychological characteristics and many other factors. Only then success is possible

[BitcoinPanther]

It doesn’t happen that a player with a large audience publicly showed strategies that allow him to consistently make money on sports betting. This is just a bait for subscribers who, after using this, will end up leaving their money on this gambling platform that the influencer will advertise. If there is a profitable strategy, then no one will ever tell it, especially publicly, because it is a gold mine with which you can single-handedly earn an endless amount of money until this strategy is discovered and banned from use.

Some people specially vlogger who wanted to be famous and get lots of subscriber will not hesitate to share his own strategy.  Sharing his bet strategy will not do any competition because people are getting paid individually by the boookmaker thus sharing his strategy for the the upcoming matches won't hurt his chance of winning.

Probably the risk manager monitors such situations and has a lot of information, which will allow him to interrupt this so that the sports betting campaign does not go bankrupt.

Well, bookmaker have their own fail-safe strategy and that is limiting a bettors account if it keeps on winning.  I think it is monitored internally and tag accounts that keep on winning and limit their bet size to minimum in order to keep the sportsbook losses to minimum.

[AmoreJaz]

It doesn’t happen that a player with a large audience publicly showed strategies that allow him to consistently make money on sports betting. This is just a bait for subscribers who, after using this, will end up leaving their money on this gambling platform that the influencer will advertise. If there is a profitable strategy, then no one will ever tell it, especially publicly, because it is a gold mine with which you can single-handedly earn an endless amount of money until this strategy is discovered and banned from use.

Some people specially vlogger who wanted to be famous and get lots of subscriber will not hesitate to share his own strategy.  Sharing his bet strategy will not do any competition because people are getting paid individually by the boookmaker thus sharing his strategy for the the upcoming matches won't hurt his chance of winning.

Probably the risk manager monitors such situations and has a lot of information, which will allow him to interrupt this so that the sports betting campaign does not go bankrupt.

Well, bookmaker have their own fail-safe strategy and that is limiting a bettors account if it keeps on winning.  I think it is monitored internally and tag accounts that keep on winning and limit their bet size to minimum in order to keep the sportsbook losses to minimum.

for sure, there are certain internal measures on this aspect of their gambling business. otherwise, bankruptcy may be on the line if they won't have internal controls on this one. of course, big winnings will be on their radar so they would surely look into this if everything is done in the right way.

the one posted by the OP, that gambler is very very lucky to hit such winnings. and that would surely be on the tracking system of the bookie. because if the gambler keeps on having such winning streak, it can easily bankrupt their business if not handled right. also, for small time operators, this can easily drain their vaults, so definitely they would take care of these things.

[zuzie]

To succeed in sports betting, you have to literally live the sport you are betting on. It is necessary to know statistics, individual characteristics of players, their game preferences, psychological characteristics and many other factors. Only then success is possible

Agree with you, with that we can judge for ourselves what sport we should bet on, supported by our liking for that sport and the pride of the team of players we choose ourselves, then there is a big chance that we will get the win we want.

If winning in a casino depends on luck alone, but in sports betting it depends on individual choice, then it is better to choose a team that has great strength so that we get a happy sensation when we win and we also support our own favorite team.

[pawel7777]

The winnings are also not life-changing (meaning he could not retire with that amount alone), so there's nothing wrong in putting some of it back and hoping for even bigger win. Especially if we consider that the guy was pretty skilled in analysing odds rather than relying on a pure luck.

In today's value of that money, it's true that it's not life changing but with such amount. It can help that person do important things that he need to do with that kind of amount. Still, it's a big help.

But if he decides to bet that back or a few amount of it, then good luck because chances that it may repeat is unlikely.

Oh for sure, having an extra $18k is a nice boost and could be used for a lot of useful things (e.g. a deposit to buy a property, or for education fees etc).
But if he wanted to put it (or just some of it) back in the play, he wouldn't be aiming for another x1,000 but for something much more modest. Probably doing another x20 could earn him enough to retire, considering the average monthly salary in the Philippines is only around $330 (per Google search).

[Iroh]

To succeed in sports betting, you have to literally live the sport you are betting on. It is necessary to know statistics, individual characteristics of players, their game preferences, psychological characteristics and many other factors. Only then success is possible

You’re not wrong. To predict the outcome of matches you’re interested to lay bets on, one should have an in-depth understanding of teams playing, individual players and their capabilities, and the sport in general.
It’s quite a chore in trying to analyze games and players to get a somewhat accurate predictions on the outcome of matches as there are a lot of things to consider that could have an influence no matter how little it may be in the game.
Even with the most rigorous analysis, our predictions can still turn out wrong.

[Onyeeze]

To succeed in sports betting, you have to literally live the sport you are betting on. It is necessary to know statistics, individual characteristics of players, their game preferences, psychological characteristics and many other factors. Only then success is possible

Agree with you, with that we can judge for ourselves what sport we should bet on, supported by our liking for that sport and the pride of the team of players we choose ourselves, then there is a big chance that we will get the win we want.

If winning in a casino depends on luck alone, but in sports betting it depends on individual choice, then it is better to choose a team that has great strength so that we get a happy sensation when we win and we also support our own favorite team.

Both in casino game and sport be game or kind of gambling all are of same conditions, their is something I know quite well concerning a sport bet and casino wining in all this, it's measurable by luck and it's doesn't matter the individual players that is in a team, because you might see a team as a more less team and the one you look down on will happen to be the one that will win and that is why may people do say that gambling is unpredictable and their is no game that is called sure wining because predictions and forecast of games always fails and its not what you can depends on.

[Oilacris]

That's a huge leap of faith with his sportsbetting skills. I'm willing to take risk with small amounts when the potential reward is high.

There's no problem with that but this requires so much luck that I think won't happen to me in my life time. Whoever is the one that shared that winnings, he's proud for sure.

But I hope that he'll take care of that money very well and won't let it back to the bookie so spend that money wisely.

According to OP, the stake was an equivalent of only $18, that's not a massive amount of money even in the Philippines, and pretty much any working person could afford it say once a month.
The winnings are also not life-changing (meaning he could not retire with that amount alone), so there's nothing wrong in putting some of it back and hoping for even bigger win. Especially if we consider that the guy was pretty skilled in analysing odds rather than relying on a pure luck.

I agree that the amount he stake is pretty low and the amount he won is also quite huge but not enough for someone to retire.
Yes, he have skills in analysis for making this series of win possible, but still there is a touch of luck in there. I bet there's a lot of sports analyst who's better than the guy but most of them might not be able to achieve this kind of streak.

@OP, I wouldn't think he made a million either with this bet. We have to include how much he have lost over the course of his whole sports betting activities.

There's always that a touch of luck on which it is really just that normal because we are dealing with gambling on which it is really just that luck would be always play a main role when it comes to gambling field, whether you are really that get involved into those strategic or luck based type of games on which it would really be that always significant. Its true that the amount had won
isnt something that putting up someone to that retirement but for those who do live on 3rd world countries then this amount is something that you could
really be able to make use of in other things. We do know that gambling could really give out that kind of chance but it would really be needing up that extreme luck on this case.

[zuzie]

To succeed in sports betting, you have to literally live the sport you are betting on. It is necessary to know statistics, individual characteristics of players, their game preferences, psychological characteristics and many other factors. Only then success is possible

Agree with you, with that we can judge for ourselves what sport we should bet on, supported by our liking for that sport and the pride of the team of players we choose ourselves, then there is a big chance that we will get the win we want.

If winning in a casino depends on luck alone, but in sports betting it depends on individual choice, then it is better to choose a team that has great strength so that we get a happy sensation when we win and we also support our own favorite team.

Both in casino game and sport be game or kind of gambling all are of same conditions, their is something I know quite well concerning a sport bet and casino wining in all this, it's measurable by luck and it's doesn't matter the individual players that is in a team, because you might see a team as a more less team and the one you look down on will happen to be the one that will win and that is why may people do say that gambling is unpredictable and their is no game that is called sure wining because predictions and forecast of games always fails and its not what you can depends on.

Well, if you think what is meant by the same conditions in gambling is when they both experience defeat. yes of course that's true. However, if one of them wins then the situation and conditions in the casino are different. And from this statement it can be concluded that the conditions in gambling that each gambler will experience are different and varied. and each individual also has differences in each game they play.

In sports betting, most people will support their favorite team because they like it and hope their favorite team wins. And what you say is true, that winning results in matches cannot be predicted or relied on.

[el kaka22]

Nobody questions the "possibility" of it, but we also haven't seen many examples of it neither. If you can, start a new topic, share your bets before the games start, and show how much you are betting and how much you won and all that, and then lets see if you can turn into a millionaire by gambling on sports. I am not saying its impossible, I am just saying go ahead and try it and prove us that you can do that, if you can prove us that you can do that then I would be supportive and say that it is possible and you have done it. But, if you can't do that, if you fail and lose, or if you do not even try, then it means that there is also a possibility that you are not capable of doing that as well.

This is why people say that we can't be millionaires in sports betting, if it was so simple then we would all do it, its not that simple and we do not have any kind of result that provides us any sort of belief in the possibility of something like this.

[Youngkhngdiddy]

There's always that a touch of luck on which it is really just that normal because we are dealing with gambling on which it is really just that luck would be always play a main role when it comes to gambling field, whether you are really that get involved into those strategic or luck based type of games on which it would really be that always significant. Its true that the amount had won
isnt something that putting up someone to that retirement but for those who do live on 3rd world countries then this amount is something that you could
really be able to make use of in other things. We do know that gambling could really give out that kind of chance but it would really be needing up that extreme luck on this case.

    It is true, luck plays a very vital part in gambling the chances of becoming a millionaire is 50/50 same way your losing possibility is too. Gambling is a game of chance every game played is a potential until the very end, strategy also is also good at least to reduce the chance of losing in most time but then you can’t be confident on the strategy. People that makes million with sport betting, they also register losses too as well just that their capital or the amount they use to stake gives them the upper hand on winning big.  It is very much possible to become a millionaire through sport betting.
   Sports betting is never easy, but if you know your principles and you have good knowledge in one or more sports, it is possible to turn a profit. Some players have become millionaires from sports betting, while others have ruined their lives. If you’re serious about it, if you practice money management and only do value betting, then it is absolutely possible to earn a lot of money from sports betting. The important factors are then your ROI and the initial size of your bankroll. Sports betting has almost unlimited potential. At least it’s very high, so if you do everything correctly, you can certainly become rich from it. However, most players don’t do everything correctly. In fact, many do everything completely wrong. So you have to go into it with the right strategy, with a lot of patience and with frequent use of statistics. If you use money management and only bet a small percentage of your roll per bet, the chance of going broke gets limited.

[BITCOIN4X]

Nobody questions the "possibility" of it, but we also haven't seen many examples of it neither. If you can, start a new topic, share your bets before the games start, and show how much you are betting and how much you won and all that, and then lets see if you can turn into a millionaire by gambling on sports. I am not saying its impossible, I am just saying go ahead and try it and prove us that you can do that, if you can prove us that you can do that then I would be supportive and say that it is possible and you have done it. But, if you can't do that, if you fail and lose, or if you do not even try, then it means that there is also a possibility that you are not capable of doing that as well.

This is why people say that we can't be millionaires in sports betting, if it was so simple then we would all do it, its not that simple and we do not have any kind of result that provides us any sort of belief in the possibility of something like this.

I never thought someone could get rich easily from gambling, no matter what game they like. Sports betting is very interesting, but if gamblers want to make a lot of money by becoming millionaires from these bets, then I think they should also be prepared to lose millions of dollars on it. Moreover most sportsbooks limit the maximum payout amount for a gambler's winnings and this is one of the reasons why gamblers will not become millionaires in a short time, unless they win parlays several times a month.

But really, if a gambler has set their sights on becoming a millionaire in a particular gambling game then I think they have neglected the greater possibility of losing each bet. They must be prepared to accept defeat and lose everything before their target is achieved.

[hedgeh0g]

It doesn’t happen that a player with a large audience publicly showed strategies that allow him to consistently make money on sports betting. This is just a bait for subscribers who, after using this, will end up leaving their money on this gambling platform that the influencer will advertise. If there is a profitable strategy, then no one will ever tell it, especially publicly, because it is a gold mine with which you can single-handedly earn an endless amount of money until this strategy is discovered and banned from use.

Some people specially vlogger who wanted to be famous and get lots of subscriber will not hesitate to share his own strategy.  Sharing his bet strategy will not do any competition because people are getting paid individually by the boookmaker thus sharing his strategy for the the upcoming matches won't hurt his chance of winning.

Probably the risk manager monitors such situations and has a lot of information, which will allow him to interrupt this so that the sports betting campaign does not go bankrupt.

Well, bookmaker have their own fail-safe strategy and that is limiting a bettors account if it keeps on winning.  I think it is monitored internally and tag accounts that keep on winning and limit their bet size to minimum in order to keep the sportsbook losses to minimum.

A streamer can give a really useful strategy at the beginning of his journey so that at least someone starts watching him. All other strategies will not only look profitable, but in reality they will not be so.

Regarding the account limit, I’ll add a little something I heard about recently. I heard that there are those who are engaged in buying accounts on which a lot of money has been lost. They are considered scammers because they participate in match fixing and place large bets on such purchased accounts. After the match, you can withdraw this money with a big win. If you do this on accounts that have won more than they lost, then most likely the gambling office with its security department will suspect this account of foul play and will not allow you to withdraw this money.

[pawel7777]

(...) but if gamblers want to make a lot of money by becoming millionaires from these bets, then I think they should also be prepared to lose millions of dollars on it.

Why though? You don't need to risk millions to be able to win millions. As in the bet in the OP, it's possible to win bigger money with a relatively small stake.
It's a well-known strategy, play only with what you can afford to lose, say $100 each month, make a parlay bet with a high payout rate, if you win, do it few more times until you're a millionaire. Chances might be slim, but still better strategy than playing lotto.

[chaser15]

But really, if a gambler has set their sights on becoming a millionaire in a particular gambling game then I think they have neglected the greater possibility of losing each bet. They must be prepared to accept defeat and lose everything before their target is achieved.

I agree with you there. Having a millionaire goal and treating that as a purpose and reason why people gambled will just result in a worse ending.

The pressure is always there not to lose that money and that is a clear distraction in their gambling session.

Set aside being a millionaire thru gambling. Keep the winning streak as much as possible is the thing that should be focus. Maintain it and minimize the losing. Even without being a millionaire, as long as profit continues that's the better thing to see.