Betting

Yani this year nlkua nmeona nanyonya sportpesa 6 fig as payback alfau Uhunye analeta 20% tax ?? Ata hio big 4 yake ataonea viusasa

betting can never give you money its just a scam

To you? Others be making their kids eat well via betting

kama nani?

The likes of Karauri and his business partners.

because of this below

they scam you

If you bet like a greedy fool you will loose money, personally i take betting seriously, and i make in a week what some people make in a month sitting in an office. All you need is a working strategy, discipline and patience.

Remember that of all the people placing bets, only 10% make money, 90 % loose money. You just need to be in the 10% and you’ll be good.

I’m not trying to say I’ve never lost money in gambling(of-course i’ve lost some), but i’ve made more money than i’ve lost(Strategy)…

Tuambie strategy yako tukinukishe. Na pia some examples.

Mine is a detailed strategy that I’ve perfected over the years, i was thinking of opening a thread to share my strategy, or should i just post it here?..

Just here, it will be fine. How much have you won versus lost btw?

posting how much i’ve won and lost won’t help anybody here, i can post a simplified strategy, but if you are serious about gambling you can pay me a visit at Uthiru, i have a little office where i do my thing, then you can see my strategy in action.

Hahahaha… you are starting to sound like one of those frauds that are all over the internet nowadays who claim to have a magic betting formula with 100% winning tips. These kind of people are just Snake oil salesmen claiming to have money printing betting systems. These touts know nothing about being a profitable bettor,they only make money by scamming gullible and desperate gamblers.

I lost you there, Did i ask for money from somebody? I’m a software developer, i have an office at Uthiru with internet connection and a computer, betting is just a hobby that i take seriously. My username speaks more than you see.

When you talked about having systems I thought you were one of those guys who claim to be making millions from betting. I now get you after you stated that betting is just hobby to you.

the truth is i make more money from betting than software development.

What odds do you find profitable? How do you manage your bankroll?

i use a Forex Trading strategy, i place bets on extremely low odds and leverage on bonuses by staking high.

That is quite impressive, I am curious to hear more about your strategy,
1.do you prefer doing 2,3,4 or more games accumulator bets or do you bet exclusively on single game bets ?
2.do you practice money management ? How much in % of your total bankroll is the size of each bet ?
3.Getting the right bookie is vital to being profitable because of the odds,margins and limits. can you name maybe one of the bookmakers that you use…??

Will your model still be sustainable with 20% tax. Low odds mean lower profit margins. Are you even able to recover your losses?

Being profitable here we are assuming you are operating in a normal environment without these ridiculous tax deduction.

Nobody can make a profit with a deduction of 20% on every bet. It’s just simple math. Bear in mind that on every game a bookmaker has a margin of about 10% that guarantees that they make a profit no Matter the outcome of a game.for example in a 50/50 game you are supposed to get even odds i.e 2.0 odds but because of the margin that guarantees the bookmaker a profit the odds you get are about 1.9 meaning you are risking 100 sh to win 90 sh instead of ideally risking 100 to win 100.

Also when you accumulate more games this margin becomes even larger meaning you are playing with negative expected value. Most bettors don’t understand betting and the maths behind the odds. When you add a 20% tax it means making a profit is IMPOSSIBLE.