How Many Bets to Know How Good Enough You Are? - page 6.

Findingnemo

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Quote from: alastantiger on November 26, 2023, 02:44:53 PM

As a gambler, how many bets do you think you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

Theoretically, I would say any amount of bet is never enough to say whether you are ready to hit that 50-60% winning spot because the result relies on a particular day.

But practically, if you are hitting that range even after 400 bets then you are already a pro, and over time you will learn new things and it will help to evolve your betting strategies. But just as someone who simply wants to enjoy sports betting irrespective of having the intention of becoming a pro sports bettor just the odds and results decide my winning which I consider as my fate or destiny.

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Quote from: alastantiger on November 26, 2023, 02:44:53 PM

As a gambler, how many bets do you think you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

It's not about the numbers in my opinion, it's about how much money you made. So it doesn't matter if it is 60% or 800-900 bets. The true gauge is did you make money out of those bets and how much it is? You can only like bet 500 or less but the amount could vary or at least majority of it are good value bets and then you will be on the + side. So for me that will be the best indicator that you are good enough or successful, with the amount of money you are bringing in less bets. And as we know it, the longer you play, the high chance that you might end up losing. However, if you can stir that up in your favor then you might be a better player as compare to the majority of us.

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Quote from: alastantiger on November 26, 2023, 02:44:53 PM

As a gambler, how many bets do you think you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

For me it needs to have about 500 bets and that is enough to give you a rough idea of how good you are.However let me tell you that hitting frequency of 55-60% is really low unless you are playing with odds of 2.5 and above,if you play with odds less than 2 you need to have a hit frequency of at least 70-80% percent.

However good luck hitting 80% hit frequency within 500 bets as if you have it you are a great pro in the sport betting and I think most people will agree,I personally copy other people bets most of the time as I have no time to create my own bets.

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Quote from: Gozie51 on November 26, 2023, 04:02:43 PM

Even with 1- 5 bets you can still measure yourself in percentage to see how many grade or percentage you have based on how many games you have won. But what really matters is your profitability and not how many bets you have entered for.

1 to 5 bets to be used to know how good someone is? That is not possible. Haven't you gambled before and win 5 consecutive times and then followed by losses? I have gambled for a whole day before and I won all the matches I gambled with football live matches that day and it was a good day for me. I gambled with more than 20 matches that I won all that day. But losses follower the next day.

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Quote from: alastantiger on November 26, 2023, 02:44:53 PM

As a gambler, how many bets do you think you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

I think it depends on the knowledge of a person on the sports he is betting. Percentage simply represents how accurate and good is the analytic ability of a player. So instead of relying on statistics, why not go directly and ask oneself if he is confident enough with his predictions. This will answer whether the person is ready to go forward to a higher ground of betting.

If a person feel that he is not good enough for the next level, then he must do more digging and acquire more knowledge on betting, the strategies and find more factors to consider in making precise bet prediction.

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450-500 bets or 800 to 900 bets is already too much to begin to measure yourself to be a good player. Even with 1- 5 bets you can still measure yourself in percentage to see how many grade or percentage you have based on how many games you have won. But what really matters is your profitability and not how many bets you have entered for.

The many bets you have listed already shows addiction or desperation depending on how good you had those bets, like are they for 1 year, 1 month, weeks or days. Bet as you can afford to lose.

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Quote from: alastantiger on November 26, 2023, 02:44:53 PM

As a gambler, how many bets do you think you need to place to give you a true idea of how good you are?

Just gamble and have fun and do not think about how expert that you are.

Some people make use of strategy. Example is martingale.

If you are using some strategies, it is not about how good you are winning, but about how good you are able to turn losses and winning into profit in total.

Do not use more than the amount of money that you can afford to lose because people that think like you may want to be making income from gambling and that is not good.

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Quote from: alastantiger on November 26, 2023, 02:44:53 PM

As a gambler, how many bets do you think you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

There is not direct answer to this question because the emphasis should not be how good you are as a gambler rather how good is your strategy. I appreciate the fact that you have come to terms that gambling is a game of probability so your sample size should be wide which is already what you are doing. Now let's face the key question.

First what is your risk to reward ratio? It is not enough to have a high win rate; what matters is how many losses can a single win cover. If your risk to reward ratio is like 1:10, you just need a single win to cover ten loses. With a win rate of 30% under this arelrangement, you are already a highly profitable gambler. If the risk to reward ratio changes, adjustments can be made to ascertain true position of the strategy. So I feel the strategy should be the focus.

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It depends on the game you play. Some games are built for hundreds of bets at a time. Dice players often make 50+ a day, so after months of playing you get into hundreds of thousands of bets. Is that going to show if you're good at it or not? I say it won't. If you're up even 5% after a month of playing dice you're doing good.
In poker it's more of a who you're playing with. You can get a table full of newbies and win and it won't mean you're good. I'd say getting out of a tournament with a profit means you're a good player, but in general being in profit after a few sessions (number of bets depend on the game you play) means you're good.

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Quote from: alastantiger on November 26, 2023, 02:44:53 PM

As a gambler, how many bets do you think you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

At the beginning of gambling most of the gamblers use to loss,like you became the Silver or Gold membership of the gambling site.So after you waggered for 50-100k dollars,you will learn what the game you are really playing.After that only you can able to build the real tactics for the game,until you had wager for 100k dollars in the single game.You can't able to learn the particular game,but if you wager the entire 100k dollars in the particular game.You will became the legend of that game and all the next bet will help you to recover the entire loss.But you need to use the tactics without of any emotional involvement.

electronicash

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the ultimate data to see how good you are is if you've made money out of that 60% rate. doubling your money after just 5 bets, i guess that is already good enough.
i see gamblers putting the same amount of money on all 3 bets with odds 1.10 and if two won and one lost, no profits are made.

easy to win when you bet on fave team. in soccer or in football the favorite team doesn't really win all the time, making sports betting actually hard.

alastantiger

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As a gambler, how many bets do you think you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

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