Topic: Important Points to Learn from Your Worst Sports Betting Losses! - page 2. (Read 475 times)

You wont really be putting yourself into trouble if you are really just that mindful when it comes to gambling risks or something that you should need to avoid or something that you need to do so that you wouldnt be able

to experience those common gambling problems that most people been able to face on. Whether you are dealing with sports betting or those casino games on which we know that gambling is really just that for entertainment.Spending money isnt really that bad as long you are really that in control with your finances specially with gambling. Allocate on something which you can afford to lose and dont go beyond those
limits so that you wouldn't really be finding yourself at huge trouble.

Sports betting losses? This is usually happens when underdogs beat up the highly favorite one or on the time that you do make out some all in betting.

I really do not understand this point, because in my opinion, a quality bet is if we can win it, so even if we only have one bet with careful research but if in the end it is a loss then it is still not a qualified bet, while if we have a lot of bets of course with a careful study will open up the chances of earning a profit, but in sports betting there is no certainty of winning, even though we have carefully analyzed, and maybe also betting on a favorite team or athlete even with small odds the chance of losing remains and is difficult to avoid, so the good thing is to stay on the budget and use the money we can afford to lose, because in gambling between winning and losing the chances are 50-50. And I think that's the most important thing I learned from sports betting.

Well one of the greatest lessons I've learnt so far from my loses are that I should never chase after my losses and even without the forum, I've  learnt this very one in a very hard way.  Another thing to consider is ones specialty  and just as ChiBitCTy has already mentioned that repeating ones mistakes especially  if is intentional is one big error and one way to over come this, is to analyze our losses and also trying to figure out where the error truly is and also correcting it to avoid  future occurrences.

And I've also learnt to stop betting on matches um.nkt really good at like the boxing and its likes and that why I've also sticked to soccer betting to enable me accept my losses.

This is to me is very much like when financially investing, or trading stocks/options etc. The biggest lesson of all, is to not repeat your past mistakes and by studying where things wrong, you give yourself a big advantage to not be there again.

To me though, my biggest lesson ever learned was stop betting on stuff you’re not good at. Like I stopped betting Major League Baseball and soccer because I didn’t know shit about how to bet either game. Sticking with NFL football and NBA , where I know the games better and how to bet them more so, has really paid off.

Nice list here.

Knowing who to tail and what games to tail is also key to getting a lot more value out of your bets. There are some successful tipsters out there that are worth the follow and the tail, you just have to look for them. Also, only copy bets on sports that you really know, so you could assess whether that pick was made with much thought and analysis and not just some random bullshit that the other bettor gave you just for you to not bug him again for picks.

Sometimes it's not actually your fault. I mean, imagine betting on the bigger team to win and they lost. This is a team that is not only the bigger team, but they are better and in a better form than their opponent, yet they  still lost. What can you do about that? How could you have known? In some instance in football (soccer), these superior teams can't even score a single goal during the whole match.


This is something I learnt at my early stage of gambling and I'm very glad I did. Sometimes I might disobey my rule in the name of taking risk and it always ends badly for me

Keeping yourself at bay means maintaining discipline. A disciplined gambler will barely get into trouble because of the disciplined behaviour in gambling. An undisciplined gambler will most likely spend on gambling recklessly without control even if they have other  responsibilities with money.

From the losses that I have made in sports betting, the biggest points I have learnt is that every gambler should not only depend on copy betting, that is copying games from other sports bettors without knowing exactly why you are betting on a particular team to win.

What do you say, ideally like that. however, there are several other mechanisms that we must be involved in when conducting research to determine a bet. apart from what you said in this post, there are other things that we consider. usually, I will look for various up-to-date information regarding the teams that will compete and be part of our bet. the choice, not just on which team is stronger. but to minimize defeat, we have to find all the information and loopholes from the two teams that we are researching. Apart from that, the formation and system factors used by the two trainers are always our consideration. that's important, because at least we'll have a little picture of how this match goes.

So, there are many approaches we have to take if we want to minimize defeat. everything, will be interrelated depending on the extent to which we have knowledge and insight regarding the sport. that's why, I prefer to bet on sports, especially football. at least from the 5 matches that I chose as a single bet, maybe only 2 bets missed what we predicted.
well, that way, we will win the rest of the betting session that we do. at least, it's more fun than any gamble for me personally.  moreover, it provides a sizable probability of victory depending on our insight. the rest, let luck decide.

if you will keep yourself at bay when it comes to gambling, you won't get into trouble. like if you only bet on sports that you are very familiar of and that means, you only place bet if you are rooting for the team or on a specific athlete. and you know your limits when it comes to bankroll. so you won't have any problem even if you lose because that money is considered lost when you start using them for your bets.
of course, you want to win as much as possible. but if you lost the game, and you are using your extra funds, your life won't be a mess, unlike when you use a loaned money, right?

That's right, for gamblers like us, I especially don't need to be that complicated, because I personally gamble with what I'm prepared to lose. I don't chase victory because for me it is a bonus from the pleasure I feel when playing gambling. I don't deny that I also want to win and all gamblers will also be very happy when they win, especially in large numbers.
Until now I have only done self-control so that I stop when I have lost what I am ready to lose, and when I win I will also stop when I feel that I have enough, and also I use money that I don't use for anything, or I have budgeted it for gambling, and I have met all needs, including saving or investing.

Like what I also mentioned to similar posts like these, experience will still be the best teacher. Even if a person reads tons of guides and information about a certain act, he/she will not fully grasp the whole situation until they experience it.

Just like in gambling, the best way to learn from one's experience is to personally experience the win/loss of your resources. Until you realized personally that you are guilty of your actions, that is when a person is more convinced that he/she will at least attempt to stop gambling.

Though this may be the case, I still appreciate people for compiling several lists about their techniques in order to avoid getting addicted. Obviously, they are the ones who have already walked this road and they are imparting the lessons that they have learned along the way to warn curious people about it.

great tips, thanks for sharing.
these advices can definitely help the gambler starting to bet and don't waste too much money.
the only problem in this case... the gambler who starts betting never thinks how important it is to read these tips and adapt a real strategy in his play!
we all started playing for "fun as a hobby" it's really rare to start with a systematic approach as it is much more likely people would use with trading.

I do agree with that. It's not really my first time to read about some stuffs like this and some points to remember so that our mistakes will not happen again or rather our mistakes will be minimized but the thing is, when we're in the middle of the situation and is going through some ups and downs while gambling, it will be just hard to remember these points because one thing will remain and that is to win.

Still, the OP deserves some credits for taking his time to make us remember about what should we do and remember before we engage towards any gambling activities.

Actually, there's nothing wrong on what you're doing before. That is how gambling should be played, for the people to have an entertainment and not to have a source of income because it won't just work smoothly.

In another perspective, maybe you are now saying this because you think sports betting is a game of skill and knowledge that if you take it more seriously, you can win most of your bets, and if you want to enjoy to the fullest, you can do this better on casino games. Watching the sports you're betting, has no impact on the outcome of the match. What happens to you were maybe just a coincidence, so don't ever sacrifice your lunch, or other important things only to prioritize gambling.

It's a good thing that you have learned your lesson based on your experience. Although it would've been much better if you learned without costing yourself a little trouble. But it is what it is, and the good thing is you get past through it and vowed to yourself that you will never do that bad move again on your future bets and plays. If you really want to win in sportsbetting, it is crucial to take into consideration all the important details and information to have a higher chance to predict who's going to bring home the bacon. If you will let your gut feeling without backed up references as a foundation of your bet, and if you will let your feelings get in your way, you'll likely lose no matter how "confident" you are.

Common mistake made by some people because they thought what majority says about what team to bet is always a good choice. They should try to research first because sometimes peoples opinion is just based on their opinion only and we should consider to look at if their opponent have complete rooster or even at their base shape before the game begins.

After analyzing all my sports betting waves, I could see that being emotional is where I mostly lost.
Being a fan of a lot of teams will make you bet on the wrong end. I don't know how that can be controlled though especially if they are always the underdogs. I tend to bet for them and not take the handicap given by the sports bookies. If I did, I may have made some instead of losing more this whole season.
Regarding parlay. I just learned that recently to go for quality over quantity.
I take four to five players most of the time and put them all in a bet builder (same game parlay). Those players are known to make stats all the time and not risk it with someone who might not play the whole game.
There are more mistakes that I've done but it's always cool for people to share their experiences and then learn from them. Sports betting is such a huge industry, I also want to try those parlays in different sports. It got me hooked when I saw a lot of gamblers sharing their winnings in the Stake chatbox.

of the options you have listed this seems to be for professional gamblers. and for ordinary gamblers like me, it really doesn't need to be this complicated, but just betting responsibly and having a commitment with the bankroll you have.
I mean as long as we gamble using money that we can afford to lose with a small budget and always commit to a minimum bet amount, this will prevent us from big losses in gambling. unless gamblers only think about profits and maybe the options written by OP are very good to apply to betting strategies.

Poor decision making is a product of lack of research or lack of knowledge to a sport generally. Some people might have lost their bet when they are not aware of some changes from a specific team, that of course will affect the odds, thus making it more enticing to place a bet from an unusual odds.
While emotional reactions are the most common that I've seen especially during the NBA playoffs. In a seven game series, those who lost once or twice will usually double or triple their bets in the next match. That's the usual scenario I've always been seeing from the bettors who's trying to chase their losses and make profit all at one bet.
I guess everything you wrote below falls under the emotional reactions or retaliations to a losing bet. When you can't control your emotions those things will happen.

A loss in sports betting is categorized on two imo, lack of research, whether it be about the game, the teams involved, etc, and the other being luck. The first is pretty understandable, OP touches upon it as well.

The second? OP seems to acknowledge that luck exists in sports as well. While it may be rare, instances where underdogs suddenly became champions because of luck isn't that odd imo. Refusing the existence of luck is like refusing the existence of unseen variables, like say a hidden sickness of a player, sudden improvement by their benched players, stuff like that.

Well thats about the game itself, betting? The usual stuff. Bankroll management and stuff like that.