Topic: How Many Bets to Know How Good Enough You Are? - page 3. (Read 608 times)

Exactly, basically whether you are a beginner or a professional, the casino won't care about that and don't let you think because you are a professional then you will be a little luckier than some other gamblers especially beginners, of course there is absolutely no difference between the two. I have proven that where I am a fairly active gambler but not too much because it's just for fun but on the other hand there is one of my friends who can be said to be a beginner, he has just plunged into gambling but has been able to get a sizable jackpot which honestly as long as I gamble I have never gotten such a big result, and with that I think it can be a reason that whether you are a professional or a beginner there will still be no difference between luck or the intention is still if you are lucky then you will win and if not then you lose, that's simple.

But the difference may be in terms of methods and precautions, where professional gamblers have more experience and they already know what they should do when facing certain conditions. Yes that's right, measuring better results in gambling can make them put greater expectations, instead of paying attention to many things for prevention but instead focus on finding ways to win and that means more experiments they will do.

Well, in gambling, don't think that there is anything like professionalism in terms of winning bets. Although some experienced gamblers tend to build for themselves some simple strategies that prevent them from losing more often in the gambling space, that doesn't guarantee them a win in any game they have staked; it could still turn out to be a loss. For me, I don't usually measure how good I am because of my wins; I go with the flow and get happier when I win more than my losses. I think if one has to keep measuring how they have won or lost, they might end up feeling disappointed when they think they should have won and they end up losing.

It depends on how you start and how you learn and improve. Some gamblers might start with a boom, winning every bet at the initial stage but then start going downhill after a point, whereas some might have a sloppy start, losing more bets than winning in the first few matches like the first 20, but then they might start improving and winning bets more often than before which will start increasing their winning percentage after a certain amount of bets if they stay consistent.

However, I think 500 bets should be enough for a person to evaluate how good or bad they are at it because it shouldn't take you 500 bets to just learn and still not be able to understand if you can do it properly or not. You should be able to have a general idea about how you are doing after 500 bets, in my opinion.

I wonder what do you mean with "go on pro betting"? raising the bet amount or?

Well, lets say you have place 500 bets and all of them are won= 100%.
Yes you are pro with the previous 500 games/bets, and you might have a good future with the sports betting but still we dont know what will happen next.
As gambler, we know that there is a good days and bad days when we gamble. Sometimes we win and sometimes we lose.

Also, Quality is better than Quantity - the tension, the suspense is different when you place bet 10$ or $1000 on a single match and it will influence your decision/pick.
The statistic of your previous bets will not influence the future result, your experience does.

A consistent win rate (50-55% and up), together with a positive profit is, IMO, a very good indicator of how good you are in sports betting. To get this data, I'd say it's best to track your bets and keep it on a spreadsheet somewhere with formulas auto calculating your win/lose ratio together with your profits. I've done this on the start of the year and so far, I'm at 57.3% win/lose ratio with 103% profit. Just doubled my initial bankroll of $1000 last week and I'm nowhere near as good as other bettors out here that doubles their money in just a few games.

You are good enough if you know your sports and you can only expect your bets will win.
Since every bettor is just not able to manipulate results all we can do is exit the bet or watch lose our money. I haven't really seen anyone share their winning rate but even if they do have a high rate, not anyone including me will actually copy-bet this bettor because of his stats.

Some bettors even if they lose their money, they are pretty much confident in banking on themselves to cast their own bets.

I really can't remember how many times I've done sports betting. Because for me it is quite troublesome and will only remind me of a big loss that I have experienced.
And I think without having to count the number of times we bet, we can easily guess that this activity is indeed quite detrimental financially, because the acquisition of losing is more than the acquisition of winning. And this happens almost to most people who do betting. And as long as we can accept the defeat, for me this is not something that should be disputed.

For me, sports betting is just an activity to add essence and sensation when we see a sports match, so that the match becomes more interesting to watch so I bet on the match. Which is where our euphoria in watching the match becomes more increased.

I have never bothered to find out what my percentage of winning is when it comes to betting, and this is because, personally, I myself know that I have more losses than winning.

But when it comes to copying bets from other gamblers, possibly pro bettors, what I do look at is the number of total bets ever placed, which must be over a million and more, then, the winning ratio must be around 75 to 80 percent, I always consider finding gamblers with the same number of bets and a winning ratio of 85 to 90 percent and above a blessing, because, such stats is very hard to find, except the stats is manipulated.

But for me, over a million bets and a win ratio of 75 to 80 percent is a true pro.

No such thing. Gambling is gambling and there's no such thing as "pro" here unless you would be playing in a tournament otherwise you are just a gambler yourself. Having a winrate won't be absolute. Try tracking your gains and losses to see whether you are a profitable gambler or not; these are the only categories. Certainty is lacking in gambling. You could win most of the time in some days but there will always be times wherein you'd lose for days or weeks or even longer. You could bet as many times as you want but for sure only our winnings would tell whether we are good or not. You could lose a thousand time but once you hit the jackpot, you could get back what you have lost but that would only show how much is your progress for a long period of time.

I believe I would go with a pretty conservative figure before realizing my own capabilities. Assuming I am new at sport betting I think I would go for 100 bets as a sample. If I managed to get a 60% of profit/correct predictions in those bets I would consider myself to be good enough. If I instead got something like 50% or less, I would need to improve sustancially if I ever want to score big in sportbetting.
Finally, if in those 100 bets I get 30% or less, then I would not continue to bet for a long time, and I would dedicate part of my time to watch matches and educate myself on those sports.

Losing money is not funny, regardless one is doing the betting for fun or for money...

I don't burden myself with stuff like these but if I were to be asked, the safest answer I could give is at least after 100 games, spread out equally in at least 3 months of play.

For me, it's just the right amount of games for someone to find out what their baseline win-to-lose ratio is, as well as to determine what type of betting technique works best for them if anything. And it's just the right amount of games that I think would put you in the "devoted gamblers" bracket without really setting off alarms for gambling addiction or anything.

Honestly speaking, burdening yourself with finding out what your win rate is will just cause you to look for ways to amp it up even more, which might cause you to even become addicted to gambling when you're following a strict gambling regiment. So as much as possible, just gamble for gambling and entertainment's sake, be technical yes, but don't worry about trivial details like these.

This is a bit difficult to answer because I usually don't have a certain limit on when I can feel satisfied with gambling. After all, it depends on my mood. If I only gamble for a while, and that's enough for me, I'll probably stop and leave the casino for a few days. I usually play slots, so perhaps I'm not too fixated on how much I have to spend every time I play slots. Perhaps only 30 minutes is enough to play one slot game and immediately stop. But sometimes I can spend longer. But what is clear is that I still try to limit myself by not gambling excessively, and that is the amount of money I can afford to use for gambling. For sports betting, I only bet if I know the team that will play, and after placing a bet, I will leave it for a while and come back to see the temporary results. And if it turns out that I can get a profit that exceeds the amount of the bet I placed, I will cash out.

Sustaining yourself and getting above 50% would be your best shot and you can consider yourself to be on the good side even if we do say about HE could be felt but if you are trying to catch up with those good odd
then it would really be able to patch up. It would be that impossible that you wont really be that able to find out whether you are positive or not but just like on what rest of people been saying on here that
as long you do enjoy then this is whats the important thing on the way you do bet. Be systematic and be that strategic then have that good self control when it comes to risk involve with betting
then you would be that just fine. How many bets you would be needing for you to find out if you are doing that well? 20-30 Bets should suffice but if you arent that satisfied then you could
be choosing 100 or thousands bets or more. It will be matter into your own choice and preference.

Somewhere between 150 and 200 probably. If someone can make more right guesses than wrong after his 100th guess I’d say that he knows his stuff. He must have an algo which makes him guess right more often and that will make him money in the long run no matter what happens.

Waiting for 400+ right guesses looks like an overkill to me. Sure it is safer but then why not wait till you make 1000 bets?

The numbers of bet doesn't matter because you can be winning presently and consider yourself to be every good but things can change later when you start losing. What I use to measure my success if I'm still good is when my overall games are putting me in profits and not losses. I don't use the number because I might lose more games but they're not big money losses but when when I win and win big money profits, it covers the losses I had in the other games.

Gambling success only matters if you're in profits as you can win many games and yet you aren't in profits due to a big money game you lost. This is also why it's necessary we monitor the amount of money we're using as wagers against the house. The house always have edge in any game we play as the house will always be favorite to win so do not use big money to stake your games or you'll lose it and won't be able to recover from the loss.

Yes, that's right, to find out whether the results you get are good or vice versa, I think as you said it goes back to what type of gambling you are involved in, basically there are quite a lot of types of gambling that you can choose from and it depends on your willingness to choose. the one that you think is more interesting. Gambling in gambling that is purely about luck means you will never know when you will be able to reach a point that is quite good and profitable because everything is always unpredictable and only your luck can make you smile broadly.

And also other types as you said, sports is one of the gambling that requires you to at least have skills and understanding related to the field of sports, regardless of the type of sport, if you really have some pretty good skills in the world of sports then I think it's better for you to choose this type of gambling because with the knowledge you have indirectly you will be able to make the percentage of certainty to win higher, but if you choose the type of skill bet but you don't have any knowledge about the world of sports then I think it will be useless and still your gambling process will depend entirely on luck like pure luck-based gambling. And yes it's true, basically whatever type of gambling you do whether it's skill-based and you have knowledge it's not impossible that you can't lose, because obviously the luck factor will still be involved there, so keep using your best planning and self-management, apply some measures for prevention because only that will be able to save you from things that are not wanted.

Bet count will just exposed you to more house edge despite how good you are on sports betting since you will always win less than x2.0 assuming you are betting on high win rate game while you will loss your bet and erase your previous profit with just 1 single losses.

I believe the consistency is what matter instead of relying on bet count because it will show how good you are on sports betting even on 100th bet or less.

It would be all depending with your own preference because even having that 100 Bets would really be that enough for you to tell whether you are going good or not.
If you are trying out to assessing yourself with shorter numbers of bets then it would be your choice. For me then i dont really love on trying out to find out
whether im that 50% more or not when it comes to winning but it will be that something that would be giving us out some questions that we do need to ask
for sometimes whether we are profitable or not. Continuing to play without knowing or trying out to find out their winning probability is someone
into those people who do really just that love to play and enjoy the ride.

But I think such range of 5 games can be used to know how proficient you are especially if you have won 3 or 4 out of the 5 games.

In your own example, if you have won 5 games straight on a bet and afterwards you start to encounter loses it could mean that you lost concentration in it and the luck also ran out of you. To have a straight win to that number means you did certain things rightly in the beginning and what you needed to do is to continue that way or strategy. Like you don't substitute the winning team, changing your strategy is tantamount to another outcome. Like if you are betting under in soccer and it is giving you winning then you just changed your gig to try direct win, if you lose then you just have to retrace your step back to under where you have been winning already.

I've never counted the number of times I've bet and I don't even remember it, but every month I always count my expenses when I bet, and the same goes for the profits.

And in the end result, it turns out that this bet is not profitable enough even though I have tried as much as possible when analyzing the match before betting.
But even so, the losses I experienced were still in a reasonable amount, and I was still able to bear the losses I experienced. And I still enjoy sports betting activities that do. also I really like doing match analysis.