Sports Betting
A vast majority of people know what sports betting is. And the thing is some of them have more than 700 options to choose from to make it simple and easy for you to win. But how many of us are winning well I don't know much about what's happening outside my country but in my country, Ethiopia people are losing and losing every day. And if a person wins some money by a chance, he is not happy because even if he won the money considering how much he used his pocket money to bet and winning that money is not satisfying. After all, he is still at a loss.
But I ask myself what if people gathered all their money on one match and bet on it knowing they have at least 75 or more percent chance of that team winning still I happen to know many people losing even by choosing one team (the favorite one) and increasing the capacity. Again, I tried planning another way of winning money by betting it's not one way but many ways, so let's check them one by one.
Probability
I have this idea what if I take my probabilities of winning like if there are two teams with each considered to be competitive and given 2.3 odd to both home and away teams and then I thought that if I gave a handicap 1:0 to the home club and bet my money on the away club it will give me about 4 to 7 odds and with little money I can get 7 odds to let's say 10$ to win 70$ and then again betting 10$ on that same match and this time giving handicap 0:1 to the away club and then bet my money on the home club again I can win 70$ the only I lose is if they draw or if one of them win by only 1 goal margin.
There are many types of probabilities guys many more than 20 at least with little risk to win big but still, I end up losing and I wonder why I am upset because I know football, I watch football and I follow the news with all this knowledge how could I lose? that was a very big question to be answered.
Group betting
And then I had this idea what if we bet in a group and the one responsible for our loss will payback our money we started betting for seven each of us have one team in our minds and we shared the teams and each of us collected 10$ from each and 70$ in total then we chose all the 7 teams we had in our minds and bet using 70$ and at the end of the day we will have 2 or 3 teams costing us the money.
We tried this system 4 to 5 times and still nothing useful then we gave up on this group betting
and each of us then started just using our ideas.
Why Betting sites are Cruel?
1. Bonus points
Now the thing is betting sites don't want us to give up sometimes they give us bonuses to bet for free, but the bonus comes with a catch it's like you can bet for free, but you should bet for a big money using the small bonus they give you. They give you bonus points to bet to win big money which is impossible considering how much I used to bet on football.
They know it's addictive and they know eventually you will realize you are losing too much money and want to give up at that time the bonus thing will come in handy.
2. Virtual Bettings
And then when we were confident all we bet on is football and basketball and when we were so given up on other sports because we don't know them and are not confident, they come up with a virtual horse racing betting the horses run and complete racing in as fast as 30 seconds and you will bet on one of the 15 horses that are there and look your money disappear in as fast as 30 seconds what shocked me is the horse race is not the only virtual betting game.
There is also a dog race where you will have to choose from one of the dogs and bet your money on the dogs' race sometimes for a person who is not addicted to betting it's funny that people lose their money as fast as 30 seconds. There are many games like FIFA where computer against computer plays a game and you bet on a club then just look as money disappears in as fast as 30 seconds again.
But why does it make them cruel they just invent a fun game right? wrong I say they are cruel because it is a program, I am sure if you bet 1 million $ on dog number 1 or horse number 1 and if there is no person on earth betting on dog number 2 well the program makes the dog/horse number 2 win the race because there is less money put to dog number 2 the program just chooses the dog with less money bet on it win the race and take all the money for themselves.
This for me makes them so cruel and the people betting on virtual betting so innocent.
What can the site owners do about it?
Whatever they do is because they want to be rich and it's the only way, right? again, wrong because there is something they can do about it you know maybe because it is connected with some dirty politics behind it, I don't know but let me tell you what the solution is.
The numbers speak that many customers are losing right? exactly, no doubt. So, what is being done? nothing, who cares maybe the aim is for customers to lose otherwise the company will go bankrupt or shut down. So, if the company aims to make sure the customers lose and if the customer aims to win well then, we know which one is living up to make sure the aim is working.
For whatever reason, many of us do not understand and many of us say it's football you don't know what happens many things happen, whatever the reason we know that the number of people winning in a four-day row is very low compared to the people losing it's like there are no winners.
The solution is taking advantage of it why don't the owners just reward the person winning from the losers and just take 15% of the gathered money? What I am saying is if 1000 people are betting on 10$ then you will have 10thousand $ gathered from 1000 people and what the company does is no matter who wins they just cut 15% and take the 1500$ from the gathered 10thousand and give the winner huge money to change his life and if there are 2 winners divide and give them the share they deserve this way the company never loses money and the bet customers will bet to change their lives for little betting odds.
Do they know about it already and choose not to engage? Maybe.