Still aiming for profit in Sports Betting despite losses?

[Somto9Light]

I can only say that I started gambling at age 17 probably almost 17 years now but not so serious about it because i am not a regular Gambler.

Same here, I started gambling at the age of 17 just approximately 18 years and I was not also serous about it, it was when I turn 20 that i started applying some level of seriousness not that i took it as a hobby rather I just do it once a week or twice.

I can't beat my chest and tell you how much I have lost so far. If I do then I am lieing since I didn't keep any record of my gambling activities. But gambling for 17 years would have amount to a hug amount though.
Secondly I have already giving up on Gambling, I am not hoping to be profitable with it. Just that as human we don't stop taking risk because not taking risk is the biggest risk ever.

Yes, it is very hard to track your loses from the very first day you started gambling down to this current stage, honestly i also lost my track but if I'm to make a rough estimate it might be right around 1m or more considering my current age but not too sure about it but I just felt like I lost a huge amount of money in gamble even though I can't trace my record.

[DanWalker]

Is it discipline? Better bankroll management? Improved analysis? Or just believing that experience will pay off in the long run?

Or maybe you already accepted that this is more of a hobby than a business, and profit is just a bonus?

The truth is the number of people who can ultimately make some  profit from wagering is so much limited. Very few bettor are able to make a profit on a regular basis. Most do not bet correctly &  end up losing money because the sportsbook have already eliminated their house edge. And most people bet on emotion without any coherent plan

It is not just luck or an easy way to win based on gut feeling. If you wanna be a member of that lucky few you have to approach betting like a business. You have to have the skill to manage your bankroll, analyze your valuation, calculate every bet and manage your risk, all of these processes must be followed to the letter

[LUCKMCFLY]

calculate every bet and manage your risk, all of these processes must be followed to the letter

This is key and for me it's the main reason why you need to do very Accurate analysis to make a difference. Personally, I'd say it's much better to do good analysis for 1 or 2 bets than to be in a parlay, and that's why sports analysis, considering every detail , can make all the Difference. Losses are a natural part of life they happen whether we like it or not That's why we must control the money we are willing to lose , because there's no doubt that when we are looking for more money, things sometimes get complicated.

[Alex077]

Aiming for profit in sport betting doesn't mean you will definitely get profit in a game. Gambling is a game of luck and as you  aim for profit you just need to be patience because in gambling you can wish to make profit and you end up losing . Gambling is a game thst cant be predicted but with patience and understanding in the game one has chances of winning . Having loses in gambling doesn't mean you need to give up , but the only thing you need yo be worried about your loses if it is that which isn't be afford to lose.

You are absolutely right losses are part of the game and patience is very important. But if you want to survive in the long race and make some income you can not just hope, the real success will come when you can manage your bankroll and bet with an understanding of the mathematical advantage or edge. If you bet using a very small part of your fund then even if you lose a few match in a row you will not be knocked out of the field you will be able to continue betting for a long time. Bad times or bad luck will not be able to bankrupt you

It's more of a hobby and simply a supplement to watching the match.

Yeah, there is nothing wrong with betting as a hobby for fun while watching the game. But if you wanna  save your money along with the fun, you need to be smart about bankroll management . Always bet only as much as you can afford to lose

[junder]

I have been betting in sports for years now, but not on a regular basis.  I only bet when my favorite team is playing or when i am somehow intrigue by the match up.

The thing that keeps me going on sports betting is my favorite team and the curiousness on certain match up.

I can say that betting on sports is just an entertainment and a show of support to my favorite team while trying to gain something on the game matches

I assume that by betting on your favorite team while they're playing, you're not betting to win. Rather, you're betting to enhance the excitement of the match. I believe that if the goal were to profit, bets would be placed on every match, not just on your favorite team, as you stated in the third paragraph.

I don't think that even in sports betting, where we can predict the outcome, for example by knowing the quality of each team, is entirely successful, as there's still the possibility of unexpected events.

[Sanitough]

I assume that by betting on your favorite team while they're playing, you're not betting to win. Rather, you're betting to enhance the excitement of the match. I believe that if the goal were to profit, bets would be placed on every match, not just on your favorite team, as you stated in the third paragraph.

Totally wrong assumption, because although most of the time we are biased when we bet on our favorite team, it doesn’t mean we’re betting without thinking. We don’t just place a bet because of blind belief. In fact, when we bet on our favorite team, we’re usually more confident with the pick because we know the team well. We follow their games, their form, their players. So it’s not just pure emotion, there’s still some judgment behind it.

[Richbased]

So what keeps you going?

Is it discipline? Better bankroll management? Improved analysis? Or just believing that experience will pay off in the long run?

Or maybe you already accepted that this is more of a hobby than a business, and profit is just a bonus?

What keeps me going is the fun of it because since i gamble within my discretion, it has never been a problem for me over the years and while i do experience losses, i also win sometimes.

Discipline is one thing that will also help you as a gambler. when you say no i don't want to gamble today or let me take a break for sometime and you stick to it. If the experience pays off someday i will be glad, if it doesn't then i have nothing to lose.

Of course, gambling is more like a hobby to me since i don't have many fun activity i engage in during my leisure time so if peradventure i win, it's just like a compensation for engaging in gambling but not as a way to make profit or an income.

[Leahized]

Is it necessary to make a profit to truly enjoy betting? Because I think most people in the betting community are focused on losses, so I wonder if the only benefit of betting is money. Perhaps many enjoy it even without winning all the time, or maybe it's that victories make us forget past defeats. I believe many do enjoy betting without the need to always win, and that they simply do it for leisure or as a distraction.

You are quite right. If one gambles for enjoyment, he does not focus on money. Do you believe that a gambler always gambles for fun?  I never believe it. Because most gamblers gamble to make money. If gambling gave people peace of mind, then all people would be happy. I think the side is the bad side, which attracts people slowly. If a person gambles to accumulate,Then he must spend a lot of money here. And according to me a normal person never wastes money unnecessarily. So you should exercise your body in your spare time.

[fuguebtc]

What keeps me going is the fun of it because since i gamble within my discretion, it has never been a problem for me over the years and while i do experience losses, i also win sometimes.
Discipline is one thing that will also help you as a gambler. when you say no i don't want to gamble today or let me take a break for sometime and you stick to it. If the experience pays off someday i will be glad, if it doesn't then i have nothing to lose.
Of course, gambling is more like a hobby to me since i don't have many fun activity i engage in during my leisure time so if peradventure i win, it's just like a compensation for engaging in gambling but not as a way to make profit or an income.

Your thinking is truly remarkable. Treating wagering as a mean of enjoyment and not letting it affect your life is the real responsible gambling. Setting limit for yourself, playing only with extra money and maintaining strict discipline, all these thing make gambling a healthy activity that does not put pressure on your head. Of course as long as gambling is limited to entertainment purpose only and does not lead to stress or addiction, it does not negatively affect your mental state or financial situation

[Strongkored]

You are quite right. If one gambles for enjoyment, he does not focus on money. Do you believe that a gambler always gambles for fun?  I never believe it. Because most gamblers gamble to make money. If gambling gave people peace of mind, then all people would be happy. I think the side is the bad side, which attracts people slowly. If a person gambles to accumulate,Then he must spend a lot of money here. And according to me a normal person never wastes money unnecessarily. So you should exercise your body in your spare time.

Gamblers who say they gamble for fun do not mean they do not expect profit, it is just that the results of the game will not affect their mental and financial well-being, because they only use money they can afford to lose and also losing will not make them try to chase it to get back what has been lost but accept it and play again when they really want to play.

[$crypto$]

You are quite right. If one gambles for enjoyment, he does not focus on money. Do you believe that a gambler always gambles for fun?  I never believe it. Because most gamblers gamble to make money. If gambling gave people peace of mind, then all people would be happy. I think the side is the bad side, which attracts people slowly. If a person gambles to accumulate,Then he must spend a lot of money here. And according to me a normal person never wastes money unnecessarily. So you should exercise your body in your spare time.

Gamblers who say they gamble for fun do not mean they do not expect profit, it is just that the results of the game will not affect their mental and financial well-being, because they only use money they can afford to lose and also losing will not make them try to chase it to get back what has been lost but accept it and play again when they really want to play.

That's what gamblers mean, who say just for fun, they spend money that is ready to lose --- about looking for profit who is not tempted by this? They are gambling actually looking for profits from the sports bets they make but looking for profits in gambling should not be too excessive.

I also gamble with small amounts in sports betting, sometimes winning sometimes losing this is normal as long as you can't lose more which makes you become frustrated.

[Nwada001]

Gamblers who say they gamble for fun do not mean they do not expect profit, it is just that the results of the game will not affect their mental and financial well-being, because they only use money they can afford to lose and also losing will not make them try to chase it to get back what has been lost but accept it and play again when they really want to play.

This is the real definition of gambling for fun: you are not able to chase your losses because the amount used is an amount you let go, and the gambler is also not that desperate to win. They expect winning but don't put too much hope on it; if it comes, they accept it and celebrate, but if it doesn't, they move on with their life without trying to punish themselves by looking for who to blame as the reason why they lose

[Asuspawer09]

I mean, it is just different compared to the slot casino gambling that we do. Sport betting for me is just way fun since it is a sport. If you are an actual fan of the sport already, you can already see or appreciate it without the betting; it is just going to make it better, getting entertained and having that thrill. You can't really expect to get good at betting since most of the time, even though you already know what you are doing, it is still going to be a game of luck in the end. So, profit most of the time is going to matter since we just wanted to win and take the profit, I'm just not trying to be the best on it since it wasn't really the way in order to earn a good amount of money if you are really going for the investment. I would rather make it something as an entertainment for sure, rather than stressing myself thinking that it is going to be a source of income.

I'm probably at a negative as well, but there are actual times that I win a huge amount on multiplier, and when that happened im just happy about it since im atleast able to take something and enjoy the game as well.

[Dr.Osh]

To be honest, I think gambling is just entertainment and if I win it will be a bonus for me, my reason is not just because of losses and profits, if you calculate it, it is clear that the calculation will be a loss, hoping for profits or making gambling as an income is a very bad decision, there is no need to take gambling too seriously, it is better to think of it as a hobby and don't forget financial management

[Josefjix]

To be honest, I think gambling is just entertainment and if I win it will be a bonus for me, my reason is not just because of losses and profits, if you calculate it, it is clear that the calculation will be a loss, hoping for profits or making gambling as an income is a very bad decision, there is no need to take gambling too seriously, it is better to think of it as a hobby and don't forget financial management

The more you see gambling as fun and entertainment, the more it becomes more fun and entertaining, you no longer get bittered at every losses, you no longer feel angried and start questioning everything, everybody and everywhere it's been played at. What makes it more mature and even more responsible is the ability to know that view gambling from such perspective is more thrilling.

[Agbe]

I have incured so much losses in sports betting than I have profited, but yet I have not quitted, not that am so much comfortable with gambling despite incurring more losses, but what is still keeping me gambling is that , I don't gamble with the amount of money I cannot afford to loose. I don't gamble with big money and that is why even I loose my bet, I still summon up courage to gamble another time. Some persons have also quitted from gambling because gambling have affected them so much that they have lost good money and even valuable properties without recovering them.
Many gamblers have had bitter experience in their gambling journey, such as broken home, lost of money and other valuable asset and have even suffered emotionally and such a person is meant to quit gambling.

if that's the case you should give it a break, I don't think it is wise to continue betting on sports if you have been incurring lots of losses. Bit you said that you don't gamble with big amounts but at the same time you have incurred lots of losses, does that mean you are talking about all the accumulated amounts you have lost so far? if that's the case then everyone that gambles with small amounts is in that category.

[Jody.Drummer]

So what keeps you going?

Is it discipline? Better bankroll management? Improved analysis? Or just believing that experience will pay off in the long run?

Or maybe you already accepted that this is more of a hobby than a business, and profit is just a bonus?

What keeps me going is the fun of it because since i gamble within my discretion, it has never been a problem for me over the years and while i do experience losses, i also win sometimes.

Discipline is one thing that will also help you as a gambler. when you say no i don't want to gamble today or let me take a break for sometime and you stick to it. If the experience pays off someday i will be glad, if it doesn't then i have nothing to lose.

Of course, gambling is more like a hobby to me since i don't have many fun activity i engage in during my leisure time so if peradventure i win, it's just like a compensation for engaging in gambling but not as a way to make profit or an income.

If gambling is done properly, as if we view it as just entertainment, then it's fine. If you do it as a hobby, it's never a problem for you. Winning or losing is perfectly normal. One factor that must be maintained and adhered to when gambling is discipline, as this is how responsible gambling is carried out. Winning is reasonable, as it's compensation for gambling. Consider it a lucky break, but if gambling becomes a hobby, hopefully you'll be more careful.

[maydna]

To be honest, I think gambling is just entertainment and if I win it will be a bonus for me, my reason is not just because of losses and profits, if you calculate it, it is clear that the calculation will be a loss, hoping for profits or making gambling as an income is a very bad decision, there is no need to take gambling too seriously, it is better to think of it as a hobby and don't forget financial management

If we treating gambling as sources of income, we could lose much and if we wins, that is a bonus so we should considering not to use much money in gambling. Just let the winning comes to us by the luck so we don't trying hard to win. If you using gambling like the other activities and not very often play gambling and also manages your finance for gambling, you will see that gambling is truly for entertainment and not for making money sources.

[tread93]

How long have you been betting on sports already?
Roughly, how much do you think you’ve lost so far (if you’re okay sharing)?
And why are you still not giving up on the goal of becoming profitable someday?

Most of us probably didn’t start winning right away. For many, it’s years of trial and error, blown bankrolls, bad decisions, and emotional betting before learning anything real.

So what keeps you going?

Is it discipline? Better bankroll management? Improved analysis? Or just believing that experience will pay off in the long run?

Or maybe you already accepted that this is more of a hobby than a business, and profit is just a bonus?

Well unless you own a casiono or work in some kind of gambling related field or play poker professionally or something its pretty much a hobby or past time for everyone else. The business side of that is a flip side, and now i'm actually wondering if the folks who own casinos ever actually gamble? I feel like they don't. Anyways that is besides the point. I feel like gambling business would be a good one to get into honestly because you're probably more likely to make money than to lose it!

[junder]

Totally wrong assumption, because although most of the time we are biased when we bet on our favorite team, it doesn’t mean we’re betting without thinking. We don’t just place a bet because of blind belief. In fact, when we bet on our favorite team, we’re usually more confident with the pick because we know the team well. We follow their games, their form, their players. So it’s not just pure emotion, there’s still some judgment behind it.

What you said makes sense, and on the other hand, we're more confident betting on our favorite team because we already know their quality. In yesterday's Barcelona match, my friend was a big fan of Barcelona, ​​so he placed a bet, but his favorite team lost. From that, we can see that no matter how confident we are in betting on our favorite team, there's still a chance they could lose to another team.