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What's betting for you: entertainment or business?

What's betting for you: entertainment or business?
There are a few types of player profiles, each with a different view of betting.
by Academia   |   comments 0

Millions of bets are placed every day around the world. Many of them are made by bettors who play for fun or hobby, others treat it as something very serious, taking their income directly from betting, in addition to those who use it as a source of extra income, even if they do not have the understanding and seriousness of professional players of the business. As a matter of fact, regarding this last group, it is common to analyze players who believe they know what they are doing, try to take it seriously, but actually do not have knowledge of what they are operating.

 
Depending on how you handle the bets and the profile you believe you have, the results will be very different. There is no specific way to bet and seek profit, nor is there an absolute truth, but in order to be profitable and remain without major fluctuations, it is important to understand some paths. This is even for the group that uses betting as entertainment, and especially for those looking to grow and develop in the field.

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A tip we can give you to better identify what stage you are at, and how far you can go, is that before you start betting trying to win money, the important thing is to understand how the betting market works, and then try to win. As much as you want to go to practice, the best thing is to study how everything is operated and why things happen.
 
The vast majority believe that it is the bettor vs bookmakers, when in fact they are bettors being influenced by other players, the house being just a means that offers its service, charging a margin for each bet made. So much so that the odds for betting on an event are not exclusive to bookmakers, since, since the initial odds are offered, it is the behavior of the market (people) and the money being placed in this event that also make the lines move. That's why we use the word "influence" at the beginning of the paragraph, as one must be convinced of their own actions, in addition to seeking to find value in probabilities, preferably knowing how to identify maladjusted odds, thus beating the market, especially in its closing line .
 
By the way, if you want to join the group that takes betting seriously, understanding the closing line is one of the basic premises. For those who don't know, this represents the exact odds minutes before the event starts, bringing the most realistic possibilities of what could happen in the match. If you can track movements from the moment you open the market and your value bet analysis is very close to or equal to the close line, then this is a good indicator that you can make consistent gains.
 
Another very easy thing to identify in a person who takes everything that involves betting seriously or not is knowing what vision they have of a bet won or lost, placing it under the condition of luck/bad luck or exclusively within their competence (or lack of it). When looking to study and develop in this field, it is known that the principle will always be about competence, thus having the exact notion of where you need to apply and improve your analyses, methods, strategies, etc. Something basic, but important to say is: don't think you know how to bet by being in a winning streak, but also don't believe that it's not good for that after a few reds in a row.
 
Therefore, seek to understand the market, identify ways to gain advantages over the rest of this market (there are competitors playing against you), and be aware that everything is about your competence and the way you seek to evolve, understanding that this is a process, identifying hits and misses, even in bets won and bets lost, are items that will help you understand what stage you are at and what you have to do to climb some steps. And if you're here just for entertainment, know that this can also be for you, after all, who doesn't like to earn a little money?

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