The Embrace of Sports Gambling Has Gone Too Far
source link: https://medium.com/invisible-illness/the-embrace-of-sports-gambling-has-gone-too-far-c260a3acd6f6
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
The Embrace of Sports Gambling Has Gone Too Far
Why young men, like myself, are particularly susceptible to sports gambling addiction
Photo by Click and Boo on Unsplash
I have been a profitable sports bettor. Across Fanduel, DraftKings, and ESPN Bets, among other sportsbooks I use, my overall profit is hundreds of dollars across all sportsbooks. At first, I just bet for fun and followed my hunches and instincts.
But recently, I have followed a tactic called EV betting, a betting tactic where you only go for bets with positive expected value and a return on investment, backed by mathematical models of probability gaps with sportsbooks.
Ever since I got into EV betting, I’m making enough on sports betting for it to be a third income stream. I do not win every day. Within my budget, there have been days I lost $50. There are a lot of good days, but there are also a lot of bad days.
But there was also a day I won over $300, and on the average day, I win more than I lose. My overall winnings have been greater than my overall losses, so I had to get over the short-term thinking. I have a plan and budget, and I stick to it.
The problem with sports betting isn’t that I’m hemorrhaging money I can’t afford to lose. It’s that I become a worse person. If I were just putting down the bets, closing my…
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK