Is Gambling Profitable? (TikTok Sports Bettors And Instagram Casino Sharks)

If short-form content a goldmine of cringe, than TikTok is El Dorado.

Both TikTok and Instagram are home to some of the most blatant, low IQ scams. Grifts like Forex trading or being a professional roulette player were dead before these apps emerged, relegated to the same websites advertising “Hot Local Singles” or “Natural Male Enhancement.”

But, “No one ever went broke underestimating the intelligence of the American public.” And these scams are back in full swing.

Rather than focusing on financial grifts like Forex or day trading, I wanted to dedicate this article to examining “Sports Bettors” and discuss how actual gamblers make money.

Casino Gambling Is A Losing Bet (With Some Exceptions)

Whenever you want to learn any new skill, buy a cheap and well-reviewed paperback book on the subject. This is the easiest, and least expensive way to get expert level advice on whatever it is that you’re interested in.

There are countless books written by professional gamblers or top-tier mathematicians.

A good starting point is The Mathematics of Games And Gambling, by Edward Packel. This is a book that examines all the popular casino…