Does anyone win betting sports? The answer is yes! However, the unfortunate truth of the matter is that the vast majority of people betting on sports lose. A major contributing factor is the simple unwillingness to accept that in gambling, there is winning and there is losing.
It is the strong belief of The Sharp Circle that no one game holds significantly more value over any other game that we move on, to that end TSC believes it is of the outmost importance to have a strict money management system in place.
When gamblers are losing, they tend to chase their money by nonsensically increasing their wager amounts, becoming “loose money”. By the same token, when gamblers are winning, they either don’t believe it will last or they think it will last forever. Thus, adjusting their wagering amounts according to which philosophy they subscribe. The simple facts are, there are losing streaks and there are winning streaks. It is invaluable to remain unexcitable and to stay within your money management system.
When establishing your money management system, never exceed your means. Stay within your discretionary income. Endure occasional losses, accept moderate gains and set long-term goals.