Million Dollar Sports Betting Mindset

They use systems in a disciplined manner to make small, consistent profits until they double their initial investment. Because they know they will increase in value over time, they are happy with small but consistent gains. A fund that is purely financial assets can return 25% per year is considered very good. A good system for sports betting can easily double your money in a single season.

Investors also bring a valuable idea. Diversification is the idea of not putting all your eggs in one basket. This means that you should not use one type of sports betting system, just as investors don’t invest all their money into one stock or financial derivative. Every system will have its ups and downs, as well as losing a few games. Just like any stock can lose value over time, the law of averages states that each system is subject to fluctuations. You can minimize your losses by using multiple systems to protect you from those bad patches.

Investors operate much the same way as machines, and follow instructions exactly. They don’t let their heads get in way of the system and believe that it will work out in the end. The investor mindset recognizes that there will be occasional losses, but they don’t get too upset when these happen. They also know that the small, consistent gains they make will outweigh any losses. They see consistent gains and double their money.

This is a stark contrast to the experience most sports gamblers have. The average gambler’s psychology is more focused on instant gratification. The average gambler doesn’t have a long-term goal or vision. The average gambler desires to make a quick buck.

They resort to terrible money management, chase their favorite “hot” teams, regardless of point spread, and hope to win big with teasers and parlays. They lose their money almost every time. They believe they will get rich quickly, which is the problem. An investment mindset is one that is patient and has long-term goals. My advice to you is to think like an investment professional. Your betting systems should be viewed as investments and assets that will bring you long-term wealth. This was something that made a huge difference in my life.

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