Is Betting Part Of Online Money Making?

Sikapa

Verified member
I don't know whether people classify betting as part of online money making. Although there are many ways to make money online and not all the ways of making money online that I know but I never hear someone saying betting is part of online money. But I know that people go to online and bet on soccer and on other sports in other to earn money.

At times they ear money and at times too the loose money. Therefore one can describe betting as gambling which makes me confuse that is gambling online part of online money making? Well, I think that is also part of the reasons why I'm on this platform and I want to find out of I should consider betting as part of the online money making.

So family, do we consider betting and other forms of gambling as part of the online money making?
 

Ithedicious

Valued Contributor
Well , since betting is something that can be done using a mobile phone and your earning can be withdrawn to your bank account in your online wallet. I believe it is still a way of making money on the internet but this is a gambling as we all understand.

If someone is able to make a lot of money with betting without losing so much , then obviously the person is making money online because it is an online based business. There are some that can be done offline such as lotto. This is an offline betting and you only have to visit the physical office to register and play any number you are chosen for the batting.

There is no serious difference between an offline betting and online because both of them might even be very much difficult for you to win. It is rather advisable that we avoid most of these thing at all cost since they are not profitable.
 

Sherman198

VIP Contributor
Making money online has no category to some people as far as money is coming out from what they are doing, its fine with them.
However, betting is another way of making money, though in my own personal view its a matter of luck. But i have come across people who largely rely and make money through betting.

What they do, is that they bet in a very disciplined way. They have rules that they follow, before they place their bet.
 

Mika

VIP Contributor
Betting and gambling are also a part of the online money-making method. A lot of people do betting and gambling, however, I am not sure if they are actually making money from these methods. I think betting is comparatively safe compared to gambling. When you bet, you are actually guessing the outcome of some real events, for example, you can bet on sports, you will bet who will win, who will score more points, etc. Winning and losing will entirely depend on how correctly you can guess. However, gambling s purely based on luck, if you are having a good day, you might win and if you have a bad day you will lose. Gambling is also dependent on the system. The casino games are programmed in a way that only a few people are able to win. If you want to make money from gambling, try to create a casino site.
 

Jasmine

VIP Contributor
I have done sports betting and online casino, but I did not do it to make money. Well, I did have a desire to win from my betting and gambling activities, but I was focused more on fun part. If you use sports betting and gambling in order to make money, you won't make any money instead you will only deteriorate your mental health. Casino games, whether online or offline, are programmed in such a way that only negligible people will make money. Sports betting are little better because making money or losing money entire depends on performance in the game. When you fund your sports betting account or casino accounts, you will be given 2X, 3X and even more bonuses. Have you ever though about why they are giving you free money? That's because you are eventually going to lose all of your money. Do not depend on betting and gambling to make money.
 

Chibson

VIP Contributor
Yes, betting is part of online money making but it is very risky. I know some good number of people who are very good in Sports betting and they're probably making some good amount of money for themselves.

There are several ways of making money online like cryptocurrency trading, forex trading and so many other risky ventures. You can lose money on cryptocurrency and forex trading and you can also lose money on Betting.

Sometimes, what really matters is your mindset and the level of knowledge of strategy you use in any business you are doing on the internet in order to succeed.

The thing that makes a lot of people not to take Sports betting as a way of making money online is because it is very risky and sometimes analysis alone does not really work on it.

Some can actually lose matches even when you don't expect it and the fact that there are so many people who are into Sports betting and they are not making any tangible money.

Another thing is that it is very addictive. If you venture into Sports betting your chances of becoming addicted to you it will be very high and on the long run you will probably lose a lot of money.
 

tray59

Active member
If talking about betting I think that its one of those ways which someone can easyly earn through betting you can make alot of money but you need to have a good source of ways which you will be using to predict the bet and win.

For me I dont just like betting its more like a game of luck
 

Ajebo25

Verified member
When it comes to making money online betting is very bad, I don't think someone can really make it from betting, yes it can make you rich all of a sudden and it can also make you poor in a blink of an eye when ever you're lucky to win a bet, remember some people lost money for losing that bet and that is why betting is prohibited for children under 18 because if they nurse the habit of betting now imagine what it could lead to in the future.

I have witnessed a situation where a man placed a bet with his car unfortunately he lost and walked all the way home, that is disadvantages of betting but if you think you want to go into betting ill suggest you bet responsibly, what I mean is only bet with money which you don't need or can afford to lose in case you lose the bet.
 

CALVINDOL

VIP Contributor
It's sometimes baffles me to see how maturity of people are taking the act of betting as a kind of way to earn a living and some people even consider it a way of making money online in the sense that majority of betting platforms also exist online instead and apart from offline . To me the act of betting is definitely not a way of making money online and that is what it is it is totally not a way of making money at all because when it comes to Betting it is either you win or lose and there is every possibility that you will lose because the chances of winning is absolutely very thin are the chances of losing is absolutely very wide .

If we want to make money it is advised that we make it the right and comfortable way in which we will have peace of mind that the money that we are making will certainly be ours . According to research some of the betting platforms and companies cash out more than a billions of dollars every year and all this money and money extorted from for individuals who are so stupid to think that they are betting habit is a way of making money . It is advised that we do not throw away our time and our money on things that are not likely to be rewarded to us and that include betting platforms . but if we have to bet we must only consider betting as a luckily side hustle .
 

btaliat

VIP Contributor
It is not a fallacy that most youngsters have turned betting to their source of income. In fact, they are so accustomed to it that many cannot do without it. Does betting really sure as a source of income? The answer to this may be controversial as some people believe that it is one of the surest ways of making money and others claim it is not.

The real answer to the question of the poster is that betting is surely a way of making money. But one needs to be careful while trying to make money via betting. Statistically, many people have lost to betting than those that have made money through it. There may be many reasons for this which may include

Greediness: most punter always think it is that easy to make money off gambling. That's why they stake much money on it. And at the end of the day, they lose what they have.

Addiction: betting is very addictive. People will always go back to betting because they can still win even when they have lost so much to it. They keep staking till they lose all what they have.


The little secret to it is to stake much money on low odd and vice versa
 

hirayamanawari

New member
For me, betting is a part of making money. As long as you are earning, right? But it is always important to know your limitations when it comes to betting and gambling. Just like in my experience, I bet and play in OLE777 with a budget in mind, and I always make sure that I don't spend what I can't afford to lose. Hopefully, this same goes to other players.
 

paulandrws

New member
For me, yes. Aside from staking, this has made me earn money during this bear market. I place my bets through OLE777 since they have various promos going on right now and I want to take advantage of the rebates they give even when I lose. It could help you save up, tho. It’s a matter of choice, by the way. As for myself, I’m confident with betting as I can control myself. I won’t let myself spend all my hard-earned money on it. Besides, I do it just for fun and entertainment.
 

Finger Geek

Verified member
I never see betting as a way to make money online. Like it is said above that sometimes we win our money and sometimes we lose our money. So if we can lose our money then I don't see it as a way to make money online. Because to make money online then we need to always make profits not go lose our money.

There was a time that j thought I will be making money with betting. So I learnt many strategy to play the game but it was very unfortunate for me that each time I use the strategies, I always lose my money. It also got to a stage that I got addicted to it that since I know that I will lose the bet, I will still continue with the bet.

So online betting is never a way to make money online but a way to waste our money online.
 

YairClark

New member
Hi there! It's a valid point you bring up. Betting and gambling do involve an element of chance, but some folks do make money from it. It's like a mix of skill and luck! 🎲💸 As for whether it's part of online money-making, well, it's definitely a debated topic!
 

sumperk

New member
I like so much to bet ,but last decade I"ve lot of unluck losing of the surest games!
 

JacobWatson

Active member
I get where you're coming from. Betting online can seem like a grey area when it comes to making money. I used to be unsure too until I stumbled upon a great article on https://www.nettcasino.com/nyheter/ that shed some light on the topic.
I remember a friend who was into sports betting. He'd often win big but then lose it all in a streak of bad luck. It got me thinking, is this really a reliable way to make money online? But you know what? Through his ups and downs, he learned the ropes, strategized better, and now he's consistently earning extra cash on the side.
 
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