JASPREET wrote:One of my colleagues is quite good at betting although we all know that we cannot win daily but his probability of winning is more than the losses so he is always in profit. I would like to know if its possible to consider it a side gig.
darrensurrey wrote:I used to be able to make money from it. My technique worked for a few years. I used to make in-game football bets. Turned £25 into £1500 with small consistent bets. It was at about £1700 but after numerous losses, I was down to £1500 so stopped as I realised what I was doing no longer worked (probably down to bots) and I couldn't figure out another way.
What I learnt is that it's no more "gambling" than FX or bitcoin trading is.
Also, I do know people who can consistently make money from horse betting.
FYI it's actually trading on the movement of the odds so a bit like FX scalping.
monster_masterpiece wrote:darrensurrey wrote:I used to be able to make money from it. My technique worked for a few years. I used to make in-game football bets. Turned £25 into £1500 with small consistent bets. It was at about £1700 but after numerous losses, I was down to £1500 so stopped as I realised what I was doing no longer worked (probably down to bots) and I couldn't figure out another way.
What I learnt is that it's no more "gambling" than FX or bitcoin trading is.
Also, I do know people who can consistently make money from horse betting.
FYI it's actually trading on the movement of the odds so a bit like FX scalping.
Majority of people do combo bet with half euro not more than that or 1 euro sometimes.
krishatnet wrote:Avoid betting because finally you becomes looser. You can't control greed and emotions which leads to more losses.
betting can not be used as a side hustle but if you must bet you have to do so responsibly don’t over do it cause when you overdo it then greed sets in and make you to lose money you never expectedkrishatnet wrote:Avoid betting because finally you becomes looser. You can't control greed and emotions which leads to more losses.
Giftmichael wrote:krishatnet wrote:Avoid betting because finally you becomes looser. You can't control greed and emotions which leads to more losses.betting can not be used as a side hustle but if you must bet you have to do so responsibly don’t over do it cause when you overdo it then greed sets in and make you to lose money you never expectedkrishatnet wrote:Avoid betting because finally you becomes looser. You can't control greed and emotions which leads to more losses.
while we talk about the success we should not forget that this betting has done some harm to people who overdo it many has lost their money while trying to gamble for more money gambling can not be over emphasized i rather advice that if you must gamble, you gamble with caution so that you don’t lose your money.Tendz wrote:Your colleague may have found success in betting, it's important to remember that there are no guarantees in gambling.
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