Tbf you've got an insane ROI.
Six-figures a year whilst displaying no proof or betslips whatsoever. Who needs parlays?
Yeah. It's a mindfuck going over the 4-figure threshold. I used to be a derivatives/futures trader and knew some of the big guys had stories of getting high 6-figure balances rekt in 5 mins when news went the wrong way. Even some of the guys on bank desks had seen 8-figure liquidations under their management. I rarely go over $500 on a single bet unless I'm hedged well.
Yeah all my plays are 4 figures and I don't neglect bankroll management, I have a system. Still get nervous af though and I've learnt that its better not to watch the fights I have money on, it's mental torture, I rarely do it anymore.
But winning is euphoric and the more you win the better. Losing is obviously the opposite, straight up depression. But I've learnt to look at things as a whole and not become obsessed with winning one event or losing one event.
The week of UFC Boise was a complete nightmare for me, worst week I've ever had in terms of loss, got destroyed. But instead of obsessing over it how bad it was and being all depressed, I looked at my overall success and how I've dealt with bad events in the past. Always better to look at things as a whole.
When you go on massive winning streak you build momentum and you eventually become over zealous and over confident and it leads to making bad decisions. When you lose your confidence is in the gutter and you feel more conservative about your plays. I'm still learning to deal with that but its a cycle I seem to repeat.
It's a completely different mentality when you place big bets, if I wasn't as successful as I am there is no way I'd do it, like I said the only fun part is winning the rest can be exciting but not fun
I never hedge either, I'd only hedge if I thought my play was going to lose and I never play anything if I think it'll lose. Jake Ellenberger could be +2000, I still wouldn't bet him. The only time I've really hedged was when Hendricks fought Gastelum and Hendricks looked like the walking dead on the scale so I bought out of it.
I don't know much about trading stocks or crypto, but it seems like the outcomes can be quite volatile sometimes. I'd feel like dying if I saw a massive 6 figure investment get rekt in seconds.