_MVP_
Emerald
- Joined
- Jul 15, 2022
- Posts
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it always has a negative expected value.
unless you have insider information, which will get you suspected and banned. in most cases you dont have that.
for every dollar you spend on lottery you lose 1 dollar, 29 cents.
if you bet on on football game, the odds are made by the bookies, the bookies bet on the opposite of your selection, and it makes sense to bet on the opposite because it has higher odds than your selection.
casino is house edge too, cannot win longterm.
stop trying to exploit bookie mistakes, as they dont make any.
blabla the point is
it is virtually always a bad idea to invest/bet, hence why 90% OF PEOPLE IN STOCK MARKET LOSE MONEY.
another proof mm is imp
unless you have insider information, which will get you suspected and banned. in most cases you dont have that.
for every dollar you spend on lottery you lose 1 dollar, 29 cents.
if you bet on on football game, the odds are made by the bookies, the bookies bet on the opposite of your selection, and it makes sense to bet on the opposite because it has higher odds than your selection.
casino is house edge too, cannot win longterm.
stop trying to exploit bookie mistakes, as they dont make any.
blabla the point is
it is virtually always a bad idea to invest/bet, hence why 90% OF PEOPLE IN STOCK MARKET LOSE MONEY.
another proof mm is imp
