Any finance tips for betting or online games?

Yo guys! So, I've been watching a bunch of streamers on Twitch lately, and a lot of them are into placing bets on sports events and playing on different online platforms. I’ve seen them win big sometimes, but is it really possible to make a profit from this? 🤔 Like, has anyone here tried it and actually come out on top, or is it mostly just luck? Any tips on how not to lose all my cash? 😅 Lemme know! 👀

Reply 1

Vermonty

Do not chase losses, increasing your bet stake will lead you to lose your entire bankroll in the end. Martingale system is maybe going to be profitable in the short term, but in the long term, it always leads to losing your entire bankroll. I have experienced this myself, so I want to make sure no one repeats my mistake.1 or 2% of your bankroll per bet is a reasonable amount.

Reply 2

StriderHort

Honestly, if the main reason you want in on this is seeing others and getting jealous/FOMO over it,. rather than any specific skills or knowledge, stay away.

I wouldn't be surprised if a lot of these streamers have deals with betting sites or simply use tricks to edit out bad losses to paint a nice picture for you.