Officially Done With Sports Betting - My Personal Experience
Why I Had to Stop
I was never much of a gambler, and initially believed that people who do so were simply wasting their money- More like throwing it away. Although I never liked to gamble with my money, a friend of mine convinced me to bet on a certain team that I have always been fun off. What happened you ask? Well, I won. The chances were good anyways and I only used a little cash, but I won something. I honestly wish I lost, which would have discouraged me from playing again. I have to admit; I never believed that there was any such thing as being addicted to gambling- I always thought that people could just stop gambling whenever they wished or whenever they felt that had lost too much money; Boy was I wrong.
Although I did not lose that much money, my sports betting experience brought me to one very important realization- It's simply not worth it.
I know of people who have won big- I mean really big; that is a fact. The problem here is that the few people that win big influence many more to believe that they have good chances of the same. This is simply not the case. While a good number of people will often claim to have won a small amount, the reality is that many will lose more money than they win.
After playing for about two weeks, I wanted to win more and would use the money I had won to bet on more games. Here is what I realized from the experience. While I would win from time to time, I would also lose. Since I would only lose a small amount, I did not feel like it affected me much. However, after comparing how much I had won and how much I had lost within the few months that I plaid, I realized that I had lost more than I won. Loosing small amounts did not seem to be much of a problem, but in total after the few months of playing, the amount was more than I was comfortable with.
Ultimately, if many people who bet will be outright honest, one always looses more than they win. The problem with small winnings is that they get a person to continue betting more and more.
Ever had a leach suck on your blood? They produce this substance that keeps the skin numb, which allows them to continue sucking more blood with the person feeling pain- Greedy bastards :) My experience with sports betting was more the same. While I may have had total winnings of about $60 within the two months, I had lost about $80- As the small winnings made me happy and all exited; I did not give much attention to the amounts I was losing. Again, I know of people who have won big, but they only make up about 1 percent of all the people who bet. The majority will either lose a lot of money or remain stagnated (neither winning a lot nor losing a lot).
So, is it really worth it? I do not think so. There are a number of issues with sports betting and gambling in general that I am very concerned with. What are these issues you may ask?
While many people may not feel the pinch of losing small amounts, they will come to realize that they have lost quite a good amount in the long run. The small amounts won at first will always be the trap that will keep people hooked with the hopes of winning big. On the other hand, some people will continue playing with the hopes of recovering the amount they lost, which only leads them to continue losing more.
Waste of Money
I am sure there are so many people who have very interesting stories to tell about how much money they have lost with sports betting and gambling. The reality is that the house has nothing to lose, but you do.
Personally, I felt like I was standing on quicksand- Not going anywhere- slowly, but surely sinking. It was time to call it quits. I will not say sports betting is wrong, but I would suggest that anyone who plays be careful not to go overboard. Remember, too much of anything is bad.
What's Your Take?
I know I gave very few reasons on the negative side of betting and gambling- Although they are some of the main reasons, there are many other reasons why it would not really be advisable to gamble or get involved in sports betting. Feel free to share some more reasons as to why you would be against the whole thing, share your experiences and lets learn more from each others.