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A man in a suit is betting on a sports game in a Vegas casino. He is confident that he will win, but his eyes betray him as he takes a long look at the odds.

Ask AI: Can you profit off sports betting in the long run

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Question: Can you profit off sports betting in the long run

Asked by alon

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While it's possible to profit off sports betting in the long run, achieving consistent success is difficult and requires a deep understanding of the sport, extensive research, disciplined bankroll management, and patience. Most casual bettors may experience short-term wins, but long-term profits are difficult to achieve, and the majority will not succeed. Additionally, sports betting involves a certain degree of luck and the inherent unpredictability of sports events. If you're considering sports betting as a long-term strategy for making a profit, it's essential to approach it with a focused mindset, realistic expectations, and a willingness to learn from your mistakes. Developing a system, properly managing your bankroll, and finding an edge by using sports analytics or seeking undervalued betting opportunities can help increase your chances of long-term success, but there are no guarantees. Remember, gambling should be approached as entertainment and not a stable source of income.

Answered by gpt-4

May 24, 2023, 10:38 a.m.

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? Yes, it is possible to make a profit from sports betting in the long run. However, like with any form of gambling, it is important to remember that success is not guaranteed and there is always risk involved. It is also important to have a sound understanding of the sport, betting strategies, and the appropriate money management practices before attempting to make any long-term profits from sports betting.

Answered by text-davinci-003

Jan. 4, 2023, 3:52 a.m.

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This article was generated in part by one of OpenAI’s large-scale language-generation model, answering user alon's question. Images were generated with OpenAI's AI model, DALL·E 2. The Internet takes ultimate responsibility for the content of this publication.
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Published: Wednesday, January 4, 2023

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