Our world is a novelty producing machine. Everything in us and around us is on a slow, but steady march towards new experiences, new territories, and new worlds. This forward movement is seen in people's idea of wealth creation too. Today, betting on sports outcomes is a growing trend and a lucrative quick-income option for those who are not averse to taking financial risks. Along with the growth of this market, is the growing number of sports betting consultants who guide people to place winning-bets. Among them is Skinnybets, a name that is highly-sought-after in the professional sports betting world. Here's a look at the whole sports betting system, its ups, and its downs as outlined by skinnybets.

The downside

Today, it is possible to make a living by betting on sports outcomes. But like any other job or profession, it is a long and arduous journey to get it right, set the momentum, and reap the rewards. According to Skinny bets, 'It is going to take a lot of guts, patience, and attention to detail' to build wealth through sports betting. Making a quick buck does happen with sports betting, but according to Skinny bets, 'It doesn't work if you're in it intending to make a living off sports betting.'

Also, sports betting calls for a great level of sharp intuition. However, intuition can only with accumulated experience. Therefore, sports betting can be discouraging for beginners who try to go it alone without expert guidance. Most people discontinue their goal of wealth creation due to the repeated failures that they experience when they start. The ones who stick on, find ground to take off and fly.

The upside

According to Skinnybets, 'technology has truly redefined the sports betting scene.' With sophisticated algorithms, today, it is ever so easy to choose a winning bet. Through intelligent technology, Skinnybets analyzes the game history, player performance history, and all the other factors that play a role in the outcome of a game. The data is then crunched into an easy to follow dashboard that helps Skinnybet's clients to make their pick.

"Can sports betting be termed or looked at as investment?', we ask Skinnybets. 'Yes, it is now another form of investment. There are analysis and research involved, risks to be calculated and taken, and, like any other investment, requires a great amount of discipline.' And certainly, with the professional support like Skinnybets watching their back, more and more bettors can progress and become proficient in this art.