Its puzzling that in the year 2021, some people still see sports betting as gambling rather than a viable investment opportunity.
Putting your money in real time events which you can follow, monitor and predict based on stats, data and information available to everyone who seeks it; sounds like an investment to me.
As with any other investment opportunity, you need some luck to back up your research, placing bets on sports outcomes is as much an investment as forex trading, cryptocurrencies etc.
As with any investment, you've got to be willing to take calculated risks and also set limits, nobody ever invests with money they're not willing to lose as a worst case scenario.
Everyone who has a bad tale to tell about sports betting fail to acknowledge their own part in their terrible outcome, which is often greed and addiction.
To reap the full benefits of sports betting, one must be knowledgeable about the the field, it's never advisable investing blindly, so if you don't like sports, it's probably best that you don't try to make money off of it.
For example, football betting is huge in Nigeria because Nigerians love football, and what you love you know, which is why the football betting industry is thriving in the country.
Once the personal interest is confirmed, proceed to do research on the teams, their head to heads, recent form, etc. Information is vital in this industry.
If you're interested in football and would like to take a peak into the betting industry but you don't have the time or desire to crunch the numbers, then this is for you.
There are hundreds of prediction websites all over the internet with outcomes that have been processed by analytics experts to help you attain a favorable result.
The whole point is that you don't completely rely on instinct or sentiment , you can get already analysed and dissected predictions done by experts at no cost at all.