Why not use the trading strategy?

[Zoomic]

If I enter a trade with $100 and eventually exits the trade with $110, I will be happy that I made $10 profit, which is 10% of my capital.
But in gambling, especially sports betting, I cannot use $100 and try to win $110. I will just aim to win even more that 100% of my capital and that is the reason most gamblers fail.
Why not use the trading approach and make 5%, 10% profits in each bet. If we apply this method, we are going to win more than 70% of our bets.
In trading we are okay with small wins, but in gambling the case is different. Why?

[yahoo62278]

If I enter a trade with $100 and eventually exits the trade with $110, I will be happy that I made $10 profit, which is 10% of my capital.
But in gambling, especially sports betting, I cannot use $100 and try to win $110. I will just aim to win even more that 100% of my capital and that is the reason most gamblers fail.
Why not use the trading approach and make 5%, 10% profits in each bet. If we apply this method, we are going to win more than 70% of our bets.
In trading we are okay with small wins, but in gambling the case is different. Why?

Maybe it's only you that is not happy with 5-10% when betting sports? You just said you were happy with that in trading but can't stop in sports, but that's not everyone. Some are more than happy to take a small profit and walk away for the night, but yes there are those that will bet game after game after game chasing a triple up or something. I think they do it because sports are only around for so long each year. Not everyone bets on many different sports, but rather they are focused on 1. Like me, I love NFL football but it's only around from September to February, gotta make that money while I can. Trading is there all the time.

[Ivystar5]

One thing you must know that most of the time even odds that over 5% or 10% you will probably loss than win so it doesn't matter if you follow the trading strategy and most of the people who gamble in the highest population are poor people so they want to double everything they have but the rich only look at little profit but risk huge amounts so the difference is very clear, Just know that people will  it  use that kind of likely of making little day by day, the power of compounding effect is not used in gambling.

[AmoreJaz]

One thing you must know that most of the time even odds that over 5% or 10% you will probably loss than win so it doesn't matter if you follow the trading strategy and most of the people who gamble in the highest population are poor people so they want to double everything they have but the rich only look at little profit but risk huge amounts so the difference is very clear, Just know that people will  it  use that kind of likely of making little day by day, the power of compounding effect is not used in gambling.

Trading would take effort and resources to really become successful on this journey. It is not a one-night task that you can do and learn all the strategies overnight.
As I have been trading alts for years, I can say that if you don't have the time and patience, don't go into this market. It doesn't only need your time but your resources as well. You should have your contingency plans for back-up. Otherwise, you can easily get liquidated if you're not that fast enough to see the indicators.

[danherbias07]

Consider losing. That's why.

If you lose the first time betting for x1.10, at $100, which you thought was a 90 percent winning rate, what would you do? Try to get it all back. Right? Mentally, it could ruin the strategy of a gambler because he is angry. I mean, imagine losing at a high percentage of winning rate.

If it is really a successful type of strategy, it could've been done by many. But those odds that look like a super team as a heavy favorite versus the weakest team can sometimes be a trap.
2 consecutive losses will make you angrier, and it's not like it happens very rarely. It does happen many times.

[Renampun]

In trading we are okay with small wins, but in gambling the case is different. Why?

It is you who can control yourself to remain satisfied with whatever results you get from your gambling, because if you can be satisfied with getting small profits from your trading, why are you not satisfied with winning small from your gambling, it's all just a matter of self-control and your way of thinking, if you are able to control yourself, then you will not be greedy and even want to achieve wins exceeding 100% of your capital, you will act more realistically and understand when to stop and take profits for the day.

[Shinpako09]

Both involve taking risks, but gamblers and traders have different personalities. Not all, but traders tend to be more patient because they see trading as a long term study. Gamblers are different, many have little patience. Their mindset is that they can get rich through gambling in a short period of time. So making just 5% to 10% of their total bankroll won’t satisfy them. Why would they settle for that if they think they can make 100% or more. Their mindset is different.

[Hazink]

If you are not happy with such a profit margin in sports betting, there are those who are. Maybe some of you consider sport betting where you could easily win a fortune more than what you take trading as a high-risk investment kind of stuff.

Personally I have made a deposit into a casino increase the money by less than just 5%, and I called it a day and existed the casino that day, did not withdraw, but I counted it as a win until which every day that I'm ready to continue

[PX-Z]

If I enter a trade with $100 and eventually exits the trade with $110, I will be happy that I made $10 profit, which is 10% of my capital.
But in gambling, especially sports betting, I cannot use $100 and try to win $110. ..

That's almost a sure win on odds for such bet, who wouldn't take it? After winning, you could try repeating the same strategy on other matches that offer similar "sure win" odds. So why not do it, right? Even if it requires waiting a few hours for the right match to appear, I'd still consider placing a bet if the odds are that favorable.

[Oshosondy]

In trading we are okay with small wins, but in gambling the case is different. Why?

This is not true. Over $19 billion was liquidated few days ago just because people used leverage to open positions.

I posted this recently also about James Wynn:

He posted on X that he has lost $100 million few hours ago. Few hour later that he posted that he lost $100 million, he has likely lost $64 million in addition.

https://x.com/JamesWynnReal/status/1981388492388389126?t=OWntpsyHCz8D0RuTs8xl6w&s=19

He lost over $164 million in just few hours.

You will see people that leveraged $100 with 50x or more in trading, that is because they want to earn high.

[Alpha Marine]

Maybe it's only you that is not happy with 5-10% when betting sports? You just said you were happy with that in trading but can't stop in sports, but that's not everyone. Some are more than happy to take a small profit and walk away for the night, but yes there are those that will bet game after game after game chasing a triple up or something.

I feel attacked 
I'm in the bracket of people who will not be happy with a 20% profit in gambling. Funny how ie never thought of gambling that way, especially in sports betting. I will be happy with a 20% profit in an investment, but not in sports betting because I always want to make at least 100% of my stake. This may sound ridiculous when you look at it at first glance, but when you look at the odds, you'll see that it's just 2 odds. A bet of 2 odds gives you at least 100% of your stake. Maybe I have, but I cant remember a time when I staked on an odd that's less than 2. That's my minimum.

I have a theory I use, and I agree it may be flawed, but it's what I work with, and it's the "risk/reward" theory. I always ask, "Is the money I'm risking worth the reward I'm going for?". Because the bet we might see as "safe", is not always safe, there is a chance I might lose it, despite how small the odd is and how likely the outcome is to play, So what is the point in risking money for a "likely" outcome that may not come to win money that won't be worth much compared to my stake if it comes?
I can understand people who stake high all the time, but for somebody like me who stakes a couple of dollars most of the time, double my stake is the minimum I can ask for.

[BitMaxz]

It seems you're talking about spot trading? Because you said a small profit makes you happy, but do you think in spot trading you can make the 10% every day? The market is not always like that; you can only make profit in spot trading if you buy a coin cheaper and sell it once you gain 10% or lose more than 10%.

If you talk about futures with no risk management, you are also risking your trade 100%. If the market is against your bet, your position would be liquidated plus fees.
If you keep taking profit of only 10% at the end of the day, if you don't use stop-loss, you could lose more than that because you risk more than 10%.
Unless you do have risk management, you risk 2% of your total capital, and the profit taken is 10%.
Without trading skill, it's totally a gamble, and a 2% to 10% risk ratio looks the same as roulette, where you can win 5x the amount you risk. Based on my explanation, it's totally different in sports betting, and that 10% isn't easy to achieve in trading in a single day.

[Darker45]

You're probably comparing apples and oranges. It seems the math in trading is different from the math in gambling.

In gambling, if your bet lost, you lose your money. In trading--I'm talking about spot trades, without leverage--if you're targeting to sell at $120 and the price only reached $110 before it corrected, you're not actually losing anything besides the opportunity or the chance. That's merely opportunity loss. There's nothing to recover. You only have to wait for the rebound.

Whereas in sports betting, if you're minimizing your risk and target 1.05 or 1.10 odds--that's 5% and 10%, respectively--if you lose, your capital is lost and you need to win the next 10 to 20 bets just to recover it. If you lose even once more on the way to recovery, you need to win more and more bets.

[btc78]

If I enter a trade with $100 and eventually exits the trade with $110, I will be happy that I made $10 profit, which is 10% of my capital.
But in gambling, especially sports betting, I cannot use $100 and try to win $110. I will just aim to win even more that 100% of my capital and that is the reason most gamblers fail.
Why not use the trading approach and make 5%, 10% profits in each bet. If we apply this method, we are going to win more than 70% of our bets.
In trading we are okay with small wins, but in gambling the case is different. Why?

I don't know, but a win is a win, profit is a profit. And with that if you get $10 profit then I will very happy and not aim for big win. And what will I do is to play that $10 again and see how far I can stretch that in sports betting.

We can't blame those who look for bigger wins though, maybe they are trying to recover what they have lost.

But for smart gamblers, we take that as a win already and then look the next day to bet.

[asriloni]

Gamling is lose or win game. I don't know what's your motivation to only aim up to 10% profit when you're facing the risk to lose 100% of your bets if you fail. This obvious not worthy with the risk.

If someone is aiming the small profit in gambling, they should go to the trading instead of gambling. The reason is clear, you can't risk 100% for 10% profit.

I will call that guy is so dumb.

[Dunamisx]

If I enter a trade with $100 and eventually exits the trade with $110, I will be happy that I made $10 profit, which is 10% of my capital.

Though we can't completely compare trading to gambling, because in gambling z we deals with the odds and the amount you're staking to determine the potential win, but trading could earn you even lesser of much, but the indices used in making it calculations is quite different from that of trading, while if we are also not being greedy to accumulate odds, we can make use of other markets in gambling to play out bets and earn little at minimal risk.

[Emjay24]

If I enter a trade with $100 and eventually exits the trade with $110, I will be happy that I made $10 profit, which is 10% of my capital.
But in gambling, especially sports betting, I cannot use $100 and try to win $110. I will just aim to win even more that 100% of my capital and that is the reason most gamblers fail.
Why not use the trading approach and make 5%, 10% profits in each bet. If we apply this method, we are going to win more than 70% of our bets.
In trading we are okay with small wins, but in gambling the case is different. Why?

Most people who stake with higher amounts don't go for very high odds, they try the smalest possible win and quit. The guy's who chase it very big are the small stake bettors who go for parlays and seek to multiply their stakes many folds. Most wealthy guys goes with that trading formula. Betting on very little odds which looks sure with higher amounts and take away the profits which would be made tangible with respect to their staking power.

[Fivestar4everMVP]

If I enter a trade with $100 and eventually exits the trade with $110, I will be happy that I made $10 profit, which is 10% of my capital.
But in gambling, especially sports betting, I cannot use $100 and try to win $110. I will just aim to win even more that 100% of my capital and that is the reason most gamblers fail.
Why not use the trading approach and make 5%, 10% profits in each bet. If we apply this method, we are going to win more than 70% of our bets.
In trading we are okay with small wins, but in gambling the case is different. Why?

Well, I guess it's because gambling and trading aren't the same, in trading, I think it's easier to make such small wins consistently with some level of guarantee (if you know how to trade very well) but in gambling, there is absolutely no guarantee that you will win consistently targeting such win..
And also not forget that in trading, it's impossible to lose your entire $100 trading capital all at once except you fail to apply the necessary prevention mechanisms like stop loss..
But in sports betting, any failure to win simply means that your entire capital is gone with no means of getting it back, this is why I believe that gamblers are always aiming to double or triple their initial capital in one game, so that if they are going to lose on their next game betting the same initial amount of money they started off with, they must have made some good profit that will keep them in liquidity

Anyways, the above is my personal assumption, it may be true or false but the fact remains that gambling and trading are not the same, it is easier to completely lose to gambling than It is with trading..

[maydna]

You can try to use your trading way for playing gambling but that doesn't guarantee you will win. Trading and gambling are different so we can not expect to get the same thing. The situation is also different where you gamble, your losses will be difficult to get. But in trading, you still have a chance to make a profit if you can analyze better.

[TheUltraElite]

A profit from a bet is not always guaranteed. You might and will lose money more often than you win. Hence what you sre keeping at a whopping 10% profit might end up being a 20% profit to chase after because you just some capital.

The spot trading is completely separate from gambling but  non-spot trading are to a big extent similar to gambling.

I would not say that in trading profits are guaranteed but at least in trading you hage an asset at hand that you can still exchange later on.