Topic: How Many Bets to Know How Good Enough You Are? - page 5. (Read 608 times)

It's not measured by the number of bets made but rather by the percentage of wins. Making more bets does not necessarily contribute to long-term success, as it is assumed that careful consideration may not have been given to each bet. In sports betting, the recipe for success is not quantity but quality.

Casino games are luck based, it is what that can not most likely be used for seeing how a gambler is good in winning but they are games of chances. If you are not frequently gambling with sport, the luck will be more than using it to gamble all the time. It has a way you can also analyze and predict while gambling with sport. But I am talking about just gambling with a single game and not accumulation. But above all, it is very important to know that there is nothing like what OP is talking about if a gambler can not use an amount of money that he can afford to use to gamble because if using high amount, that is a bad gambler already and there is nothing good about that.

How Many Bets to Know How Good Enough You Are? I dont know since this a gamble i dont think I am good or pro in a gambling, I used to play a domino with 4 player and my best win rate is only 40% and that win rate considered lot but when I look on other player they seems have around that percentage I still didnt find above 40% unless they play in short term like 2-5 play and win streak

You need money to go pro on betting. The amount of bets you have would naturally increase over time really so no need to mind that in the first place, I don't think you can simply become a pro even if you have hundreds or thousands of bets under your name. Skill naturally comes to you if you consider that especially in cases like Poker or sports gambling itself but said skill would only ever build up if you have money to support it. There's a huge difference in pressure in betting tens to hundreds of dollars in a table to thousands to tens of thousands after all.

I don't need to make certain bets to know how good I am at gambling, my gambling experience will tell me how well I know about gambling.  If we keep betting one after another with the idea of gambling, we will never know about betting well, but if we know about betting and make small bets, it will be useful for us. I don't think gamblers ever gamble to validate themselves but every gambler gambles for his own purpose. Gambling may fulfill one's purpose and some may not fulfill one's purpose. A gambler who does not become addicted to gambling but can take a break and gamble in the right way can fulfill some of his goals by gambling.

The probability of the outcome is difficult to describe. With gambling, there are only wins, draws, and losses, so the outcome is the main factor. So how long is the exposure process? I think it's enough for them to realize its true nature, and there will be no time limit. Just like in life, there are people who cannot own a house from birth to death, but there are also people who are born as children of very rich people. And in gambling, I think the best players are always the bookies, as they give us space, so I really don't have many ideas about becoming a professional player.

If you're betting long enough to test yourself, I want to say around the thousand at the minimum because only a few bettors last long enough to keep recording their wins and losses. It still depends on the leagues and sports you're covering, so it could take a few seasons or more before you could hit a thousand bets.

I'd recommend betting further to test your limit because maintaining that percentage, in the long run, could easily mean you're better than most gamblers.

That is more than enough to know whether you are good or not, right now I do not remember how it is called but there are math methods that allows you to know how much your results are away from the mean, and those methods will also let you know if those results can be gotten by luck alone or not.

So it could be a good idea that you took a look at that math, perform the calculations and see what comes out of it, however in my experience I think you have enough evidence that demonstrates you are good enough to become a professional gambler if you want.

Funny question because let's say I tell you that it's 100. Will you believe me? Will you feel confident in your skill when after 100 bets in dice or slots you are in profit? Will you tell everyone that you're a good player after that?

If I tell you that it's a million bets, will you play long enough to try it?

This thread cannot answer your question and even if it does, you probably won't do anything with that knowledge.

The professionalism always leads creates more spaces for one to lost huge amount especially when they are too confident with their predictions or with their entries actually it's good for one to be very positive and remain optimistic about their entries and games but then we don't know how to manage funds due to this self reliance in us a gambler. What mostly propelled this acts is when we gamble maybe we beat the house we might think we have all the technicalities it takes to constantly win without knowing it's a luck based game and not by professionalism.

As some have already pointed out, it's hard to pin down an exact number for how many bets someone's gotta make before they really know if theyre any good at it.  There's a lotta things that play into it - what kinds of bets you're talkin' about, how much money youre puttin' down each time, what your own personal style is as a bettor, stuff like that.

But in general you wanna have a big enough group of bets that your results actually mean something instead of just gettin' lucky or unlucky here and there.  You want it to be statistically significant, with enough bets where you can see real patterns, not just random chance.

For sports betting? I don't think there is like a set of numbers that you can used as a metrics here. Its because sports betting is not a game that is based on chance. Maybe if this is like a dice game, wherein around x number of spins you might find some variance and see that you are successful or not.

But it's sports betting it's very different, you can have just 1 parlay with 100x and then you win it and say that you are good enough already. However, there could be someone playing for a long time, bet is varied from time to time and still after 1000 bets, he is not winning anything.

each gambler has his own betting history and it varies from one player to another. so this is actually very subjective matter. as you said, one can just view his betting history and see for himself.
and besides, if you are talking about luck-based game, there's no concrete answer to when will you be good enough or not. there's no pattern on this, unless, you will give yourself a certain pattern as to when you feel you are being lucky with your bets.

You are right, knowing how good you are should not be judged by your winning rate but by the profits made from a number of bet. Let say for example, one deposit 20,000 and after betting 10 times a day, they won 7 games and lost 3, if the total balance  is less than the initail deposits then you're still running at a loss, but you might lose 6 bets out of 10 and win 4 bets and that 4 bets won leaves a balance more than the initial deposit then that is how you know you are a good gambler. Another thing about betting that most people don't know is that one must have a target, some target double their deposits and some target just 50% extra, depending on their deposits and continue like that on a daily basis and at the end of the day they go leave the site with their profits at hand. Good decision making and contentment is what makes one a good gambler.

Don't think that the betting history you are seeing at bookmakers that are showing you more wins than losses is making you a good bettor, don't fall into that mistake because when you look closely, you will see that even if you have made 1000 bets and If you get 900 bets right and 100 bets wrong for example, your balance being at zero will leave you very shocked and the reason for this to happen is due to the fact that you have placed bets on games with low odds, so you get a lot of wins, but when you have some defeats then your entire bankroll will fail. That's why in my opinion you have to measure it as follows

if you deposit $100 at the casino and place bets and win, then you leave all the profit and withdraw all the $100 you deposited at the casino, after a while you make more withdrawals at the casino and you don't make any deposit at the casino since you withdraw the $100 you deposited, So you are a professional gambler because you will be doing something that few gamblers can do, which is making a profit in casinos. If you manage to make a profit at the casino and don't make a loss, then you can consider yourself a professional gambler. I honestly do not recommend looking at gambling as a way of making profits, it is a great danger to think that way. just look at gambling as fun

The number of times for me is not that pretty much important n my opinion, I will be okay with winning a few number bets with huge profit than winning many times with less profit compared to how much I have spent gambling. In going pro you will be expecting to but 80% wins at your total bets, however, assuming you hit 89% wins margin of your total bets but didn't make so much money due to size of odds your strategy allows you to work with,would that still make you satisfied? Because I want to know if it's in the number of times you get a win you're interested in as a gambler or it's rather how much big amount you win not minding how many times of bet to be won.

I am not sure I will be ever be able to brag about how good I am with gambling even if I am successful in a series of consecutive bets. I do not think that winning can completely be sustainable or depended on when gambling because of the many variables.

I also think that all gamblers here should be careful before they become too over confident in their gambling skills and brag about it to others.

Since most of the betting platforms stores betting history. You could go back after so many consecutive bets and check net profit an d net loss. Compare them which is greater than the other. Then you would know how better you've become in gambling. Most times you would notice that the number of winnings is greater now than when you started betting. Unless all your gambling bets are being given to you by professionals or persons who have been in the system for long. Otherwise you would see your progress.

However, in my own perspective I would prefer if performance level should be checked based on the ability to always walk away when your ahead. This is something that most gamblers do not pay concentration on. They may be good at winning beta but lack the ability to stop whenever they have increased their money.

800-900 is too much of a number to measure your failure or success rate in betting. What happens to 1-10.  You can use the scale of 1 to 10 as a veritable means of measuring betting per cent. As gambler, you most know that your failure rate will always slightly come above the winning games. Statistically as a gambler I will not place myself on scale, because at every point that I gamble, I know when to stop especially when the failure rate is high. I just tell myself that I needed to give myself a break. because one thing you must tell yourself is the fact that successful games doesn't come easily. So for me, in a scale of 1 to 10, if I've won like straight 5 games, I will just give myself a break for a while.

As others have stated, winning percentage isn’t a great metric of whether or not someone is a good gambler. It’s quite possible to have a high winning percentage and still lose money. The real skill lies in the ability to see opportunities and pounce on them when they arrive. That is easier said than done for most though.