My best friend started out as a client.
My best friend started out as a client.
Five years my senior, my buddy hunts alligators at night in Florida waters and considers it a win when he wrestlers one into his boat.
He loves to gamble.
When everything was shut down early last spring, no sports action, after a few weeks he called to know if I had a side on a ping-pong match that was being staged in a foreign country.
When pro basketball and then baseball got into action, he negotiated a number of wagers outside my recommendations. He enjoyed it, and could afford his action even with it as large as it was.
When football started, first college and then the NFL, he had action everyday on something.
He was gambling.
Gamblers never win.
Gambling is an exercise in wagering more after wins and always on the prowl for a killing.
The routine almost always ends with gamblers losing in the short run, and always in the long run.
It is the nature of the activity. It is a gamble, an adrenaline boost looking to make a killing.
Selected wagering propositions are not the biggest obstacle in making money from sporting events. How those sides or totals are leveraged is all that matters to the bottom line. Throw a perfectly good group of picks through the screen of a gambler and more often than not it leads to losses.
For some, the joy of winning with their own picks is worth the risk, but more often, not a sound business endeavor.
There is a reason gamblers lose. The adrenaline of being right pushes away much rational thought, which allows risking more money than one can truly afford to lose. In hopes, of course, of making a killing.