The Million Dollar Sports Betting Mindset – Did you know that some of the overly successful sports bettors came from Wall-Street as accomplished financial investors? They take the same theories and steps of financial markets and apply them to sports betting.
They are disciplined in using the process to extract small profits from time to time until they double their initial investment over and over again. They are happy with minimal but overly persistent profits because they understand that they will increase over time.
After all, a fund consisting of pure financial assets that can generate 25% in a year is considered too good. Whereas in sports betting, a person who follows a good process can double his money in one season in one sport, with ease! Data Sydney
The Million Dollar Sports Betting Mindset
Investors also brought other necessary ideas to the table. The concept of “Diversification” basically means not putting all your eggs in one basket. That means not taking advantage of just one sports betting process like how investors don’t invest all their money in a single stock or financial derivative.
The law of averages suggests that any run may have some rough patches and may lose a series of plays, just as a special stock can fall in value over a period of time. Using multiple processes will protect you and minimize your losses when those rough patches get too much. Data Hongkong
Investors also operate like machines and do exactly what the system tells them to do. They don’t let go of their heads and trust that the process will work out in the end. The investment mindset understands that there will be losses over time and don’t be too disappointed as it happened. Also they understand that their persistent small gains will outweigh their occasional losses. As a result, they show continuous profits and further multiply their money over and over again.
This is in stark contrast to the experience that most sports bettors have. The entire psychology of the average gambler is much more oriented towards instant gratification. The average gambler has no long-term object or vision. The average gambler craves to be rich now!
So they then take advantage of the horrendous money management and go after their favorite team, the “hot” team that is popular regardless of the point spread, wanting to achieve it along with teasers, parlays, and other sucker bets. For the most part, some of them all then lose their money over and over again. They had the idea that they would get rich quickly together, and that was the case.
The investment mindset is patient and have a long-term object. So my advice is to think like an investor. Think of your betting process as an investment vehicle and an asset that will bring you long-term wealth. I understand that when I do this it makes a HUGE difference for me.
This is a necessary strategy that can greatly increase your success in sports betting. Think about it and I’ll talk to you right away.