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IS BETTING AN EFFECTIVE WAY TO EARN MONEY

Discussion in 'Internet' started by Emma Kwamboka, Mar 17, 2018.

  1. Emma Kwamboka

    Emma Kwamboka Member

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    It is no surprise that football generates the biggest gambling revenue. Billions are placed on football matches each year, but most people are loosing money in the long term.

    The simple answer is yes, as there are plenty of people doing it on a daily basis. However, the harsh reality is that it's difficult and requires a dedicated approach. Most people believe that they will easily transform the years of watching football in betting winnings, but that's not the case. Or is it?
     
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  2. Lucita

    Lucita New Member

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    I totally agree with you on this, gambling is a mere chance of luck. You may have done thorough research on the teams you are betting on but one thing is for sure each game is unique from the rest. I am not condemning those who but all am saying is don't put all your money and time betting, also keep your expectations low since losing on a but can be really disappointing.
     
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  3. R_jay

    R_jay New Member

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    Gambling is an activity mostly undertaken by the youths as a way of earning money. It is an addictive activity that if not practiced responsibly it may end up messing up ones life. Though it benefits most gamblers but it is not an effective way of earning money. Being a gambler takes a lot of courage and risking as one is not assured of winning anything.
     
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  4. ryugun46

    ryugun46 New Member

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    I would tell you that you should stay away from it if your not a sports expert. I would suggest you to bet on matches if you are watching football from your childhood and know what teams doing what.

    Also teams change quite frequently. So you need to have an idea of the players playing in a particular team. Also you gotta be able to predict how well the players play in certain positions and certain circumstances during the game. So there's a lot of guessing involved. In my perspective betting isn't really a stable source of income. So, it's best we stay away from it.
     
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  5. Malomo okiki

    Malomo okiki New Member

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    On average, gamblers lose money, so broadly speaking it’s not a way to make money. In the few cases where people are able to reliably make money from gambling, it’s because the casino is using loss leaders or hasn’t addressed the problem yet, or because they’re money laundering. In the latter case, you’re not the likely one they intend to be winning, and you may get in trouble with dangerous people.

    Business start-ups, and the stock market, are both riskier and faster ways to make money than gambling, because making money is a higher priority for them than entertainment. The bar for entry is higher, though.
     
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  6. Ayoma

    Ayoma New Member

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    Football betting can earn you money but it does not require you to be an expert or football fan,it is all about lack.I have been able to make some cash through football betting but I know nothing about football.All you have to do is to have self discipline and limits since gambling is addictive.Place a bet with amount of money you can afford to lose.You should not gamble as if your entire life depends on gambling.
     
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  7. Wanj 33

    Wanj 33 New Member

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    It should be your last resort as a method of earning money. I am saying this from experience. I tried betting once, I put my money in one football game and as luck would have it, I won some money . Then i thought if I won maybe I was born to do this , its in my D.N.A (or so I thought) , I decided to put the money back and gamble some more, worst mistake, i lost all my money. I swore never to bet again.

    There are talented gamblers out there so I leave betting to them because i don't think it will ever work for me.
     
    Last edited: Jun 25, 2018
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  8. Runnercam

    Runnercam New Member

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    I would say that it is very risky and sometimes can be dangerous. To begin with, it may be risky because you could become addicted to doing it and lose all your money easily. Of course, there are some people that have luck when they bet and they win a lot and can make a good amount of money in a small amount of time. But, I wouldn't take the risk of losing all the money you worked hard for.

    Betting could also be dangerous because if you bet the wrong thing to the wrong person and you lose and can't pay up there could be a lot of danger in that. You always hear stories on people who can't pay someone back and end up in a very bad situation.
     
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  9. Hudson

    Hudson New Member

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    It is true that billions of revenues are earned through gambling especially by the betting companies. Just like R_Ray has said, it is an addictive activity that may ruin people's lives especially the youths. This is because a significant portion of time is dedicated in gambling rather than channeling this precious time in committing themselves to fulfilling a dream such as getting good grades in school and acquiring a new skill that would be helpful throughout lifetime. A person may earn large amount of money from gambling, spend it carelessly and may fail to get the money again. Therefore, gambling is not effective way to earn money.
     
  10. Jenny Yeager

    Jenny Yeager New Member

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    Both my husband and myself have spent many years doing research for this very topic. Neither of us has had any luck with rolling the dice. No matter what kind of betting or gambling that a person is pursuing, it is almost guaranteed to end up failing. Possibly making you lose a lot of money.

    I am just saying, unless you are cheating, taking risks with significant betting, in any capacity is going to make you lose money. You may win in the beginning, most likely you will win. That is how it works. You will want to have that great feeling of winning again, which is the entire reason that people can become addicted to gambling. My experience has been all bad.
     
  11. Rafel30

    Rafel30 New Member

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    I had a very bad experience with sports betting, also known as gambling. It made me reckless and irresponsible. I won't advice anyone to depend on gambling as a source of income because there is no gain in it but a lot of pains and regrets at the end.
     

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