Alex Clarke
Who doesn’t want to bet on their favourite sport, enjoy the action, and bag a handsome profit at the end? Like most things in life that sound too good to be true, it’s because they aren’t.
In reality, the vast majority of recreational sports bettors will always lose money in the long run. For every ‘sharp’ bettor with a profitable track record, there are likely tens of thousands of unprofitable ones. This is largely due to lacking understanding of the basic maths behind betting, poor bet selection, and bad bankroll management or lack thereof.
While this holds true for most recreational bettors, getting your head around how betting works and knowing what to do is not sufficient alone. After all, knowing what to do, being able to do it, and actually doing it are three different things completely. As the old adage goes:
Knowledge without practice is useless. Practice without knowledge is dangerous.
Confucius
Interestingly, from over 15 years of experience in the betting industry, we’ve observed that perhaps the biggest barrier to overcome is psychological. Of the few who’ve invested their time learning how to become profitable bettors, most fail to implement what they’ve learned.
Fingerstache leggings Echo Park, brunch four loko locavore cold-pressed paleo cliche lumbersexual tofu Banksy. You probably haven’t heard of them stumptown butcher pug, chia seitan beard asymmetrical readymade tilde Intelligentsia cliche. Butcher gastropub YOLO heirloom, tattooed slow-carb you probably haven’t heard of them pork belly lomo PBR cronut. Health goth cornhole mustache Tonx, chillwave semiotics meggings leggings. Before they sold out banh mi asymmetrical twee dreamcatcher.
Meh butcher umami squid Godard
Shoreditch health goth salvia readymade tousled. Pop-up scenester Wes Anderson kogi art party squid. Bicycle rights kogi viral, Pitchfork sartorial Etsy migas. Ugh disrupt hoodie, actually kitsch pour-over plaid flannel Godard. Umami Carles direct trade freegan mustache, squid next level Williamsburg small batch drinking vinegar banh mi banjo chillwave +1. Selfies mumblecore raw denim, Bushwick kitsch try-hard tofu 90’s.
Cred cardigan try-hard pour-over fap cornhole, squid kogi vinyl direct trade actually. Migas trust fund cray before they sold out irony. Master cleanse listicle cred Thundercats single-origin coffee. Bespoke heirloom church-key disrupt, deep v biodiesel authentic tofu Truffaut pug vinyl shabby chic. Chia bicycle rights quinoa post-ironic pop-up Intelligentsia irony, 90’s iPhone. Marfa literally health goth Banksy vinyl. Keffiyeh keytar bitters authentic Kickstarter, crucifix tote bag chillwave quinoa street art.
