Is There Really Any Point to NBA Betting? Or Betting at all?

[kyhawk]

I think if you have a big bankroll and can lose thousands and find a small edge you can do it.

1 in a million Billy Walters though.

The other way it is much like a job and scalping small profits.

I think your edge disappears quickly also.
Scalping Odds & Arbitrage Betting - No Lose Situations

https://youtu.be/TJEL9x0clDw?si=v5uYqIiMXp4KryYz

[ProSportsEdge]

Also, I would reduce the frequency of betting and avoid relying on those gambling fallacies like it’s going win b/c it hasn’t come up yet. But honestly, I do like betting on streaks or trends you catch. When something is hot, it’s hot and I’m betting it. But it took me awhile to grasp the understanding that it doesn’t happen every day nor every week. And there is where money and time management comes into play.

As Getch has stated you should approach it as entertainment. But also we’re here to win money so I would generally ease up on my wager amount. It’s definitely smaller than years ago and though not making the big wins, I’m also not making the big losses. It generally is more entertaining and fun this way when betting at a lower amount and less frequencies.

Totally get you, man. Chasing “due” bets used to burn me too. Now I keep it small, bet less often, and it’s way more fun. Appreciate the reminder!

[kyhawk]

FWIW when I lived in Vegas the only way to get ahead was to never bet. That is the only way you can live there imo.

[TommieGunshot]

You seem to analyze the chances from probabality / stats perspective, that could or might work if you know how to play with the numbers and make sense out of them.

For most people gambling is about thinking who's going to win, over/under and such and send the bet, based on a hunch, feeling, watching it, streak etc.

Like I mentioned, if you turn this into your "job" and you like it - go for it ... this is not something I'd enjoy doing, no way I'd get into it. I think the average Joe should not even consider this either, it's not so simple to make money from the numbers, you might need algorithms and softwares to crunch numbers and even then - go figure ... nah, not for me.

I'd repeat - the average Joe doesn't bet in this way. The average Joe shouldn't be betting for "net income".

Any examples of jobs that are enjoyable and simple? Retail? Food service? Sales? Health care? Education? Military?

From my experience most of the options available are usually pretty miserable. The ones that aren't have extremely high barriers to entry.

[arie1985]

Any examples of jobs that are enjoyable and simple? Retail? Food service? Sales? Health care? Education? Military?

From my experience most of the options available are usually pretty miserable. The ones that aren't have extremely high barriers to entry.

Marketing, it's quite enjoyable.
Also I believe in god and that working for 6 days is the right thing to do, call it a "Mitzvah" if you wish, that's what were created for, except for one day a week, which is the holy day of the week, in which I'd never work no matter what, unless you point a gun to my head and forcing me to work on that day I'd do that.