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Should we set goals in betting?

Should we set goals in betting?
When working with betting, should we have goals to achieve? Know the risks.
by Academia   |   comments 0
Monday, March 7 2022

In recent years, sports betting has been touted as the magic formula to make money, but there is a huge misconception in stating this. Most enthusiasts to become professional bettors get disappointed, and this happens when setting goals within sports betting.

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There is great variance and diversity within the betting market, where at any given moment a wrong bet can swallow all your dreams and goals set. Observing this situation, which is daily with many newbies in the field, setting goals within the bets can be extremely dangerous and harmful.

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The goals that betting enthusiasts set in this market are very worrying, as most of them enter betting with the thought "Tomorrow I'll buy a new car", but make no mistake, setting big goals within sports betting is to shoot your own foot.
 
There are a lot of people who say that only 1% of punters become successful in their careers, but it's a pretty subjective number as what is a successful punter? Someone who owns the car of the year? A big house?
 
Therefore, each person will have a different answer to classify a successful bettor, after all, not everyone shares the same ambitions and dreams, so it is subjective to say that only 1% of bettors become successful.
 
Therefore, it is dangerous to set goals in sports betting to become successful. Suppose you have an emergency fund and someone sells you this magic sports betting formula.
 
Suppose you're new to the business, and you really believe that that magic formula exists. That way, even before placing a bet, you already project your goal: “double my money today”. Soon, and most likely, you will put a good part of the amount you have in reserve in a bet. At the end of that hypothesis, you ended up losing that money. And then?
 
Noting this, for everyone who decides to enter the sports betting market, it is important to set goals, yes, but realistic goals. For example: "By the end of the week I'll buy a snack with the money I win on the bets".
 
Given that, the tip of paramount importance when setting goals within sports betting is to bring the money to reality, but your reality. Do not enter the market using the reality of another bettor, who may have bought a new car with sports betting.
 
This mistake of wanting to be the bettor that inspires you is a mistake that must be avoided at all costs. The path within sports betting is arduous, and often lonely.
 
When we talk about “lonely” we mean: it's you who should click the bet button, not someone else. However, there are many people who end up putting money through tips from other bettors, who claim to be professionals.
 
However, as we mentioned earlier, if only 1% of punters become successful, how can there be so many punters giving tips on when and where to bet? Establishing a relationship of this type, you must have already understood where the content of this text will take you, right?
 
So, I repeat: there is no problem in setting goals in sports betting, as long as they are faithful to your reality. In some real-life examples, we can use something like: “By the end of the month I will have made 2% of the money I have in the bank”.
 
Therefore, what can make you more satisfied with the sports betting market is to bring them to reality. Through these projections, bring into your real life what you really need, not other people's goals.

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