Pages:
Author

Topic: Making too many picks reduces chances of winning. - page 4. (Read 1748 times)

legendary
Activity: 1806
Merit: 1161
When a person makes a lot of single bets, the winnings are usually small, and those winnings are actually eaten up by the losses. Yes, one day you may get lucky and the winnings will cover the losses, but in the long run you will probably lose all your money (a little, but all). And sometimes you may not have enough patience and still feel the urge to put it all on the line.
member
Activity: 224
Merit: 68
Bitvest.io★ Play Plinko or Invest!
I would say so I gambling we are dealing with odds and we make decisions based on the chance of things happening, so we can say the higher the odds, the more difficult the chance of thigns happening, I won't say that picking too many games reduces our chance of winnings instead I'll  say that the higher the odds we chose the more less likely our games are to play out and its based on luck too, I normally go for odds not more than 1.70 odds -2.00 odds and it works for me, and I can pick up to a maximum of 10 games, so I think it's relative to different persons, but for real the higher the odds the less the chance of it playing out.
hero member
Activity: 1246
Merit: 699
This is due to the fact that we won't be able to analyze all the games carefully that are in our ticket and won't have the advantage needed to win. So instead, it's recommended that we should value quality over quantity if we want to succeed in sports betting.


Yes, I agree with what you said here. We tend to overanalyze when we bet too much, and with that, we tend to lose if we are not sure about our bet. Also, I just want to add that if we bet too much, then we tend to bet too much money as well. What if those bets lose at the same time? Then you lost a lot of money. So I think betting on fewer picks is much better. 

Also, single betting is much better than parlay betting because in a single bet, the chances are 50/50, 50% of winning and 50% of losing. So for me, it is much more advisable to bet fewer single bets. If you can bet one single bet per day, then it is much better because if you win, which is good, but if not, then it is fine because you just bet once a day.

Those who bet on sports betting will only bet on matches that they know and can analyze. it will show what chance of winning they can get. It doesn't matter what the results of the bet will be, but those who bet on sports bets will not place bets on teams whose strengths they don't know.
Indeed, you can rely on luck, but gamblers also don't just bet on ongoing matches.
Usually, it won't just be one match, at the weekend you can see several big leagues being played, and several bets can be made. The most important thing is to bet when we know the opportunities we can get.
sr. member
Activity: 1932
Merit: 370
This is due to the fact that we won't be able to analyze all the games carefully that are in our ticket and won't have the advantage needed to win. So instead, it's recommended that we should value quality over quantity if we want to succeed in sports betting.


Yes, I agree with what you said here. We tend to overanalyze when we bet too much, and with that, we tend to lose if we are not sure about our bet. Also, I just want to add that if we bet too much, then we tend to bet too much money as well. What if those bets lose at the same time? Then you lost a lot of money. So I think betting on fewer picks is much better. 

Also, single betting is much better than parlay betting because in a single bet, the chances are 50/50, 50% of winning and 50% of losing. So for me, it is much more advisable to bet fewer single bets. If you can bet one single bet per day, then it is much better because if you win, which is good, but if not, then it is fine because you just bet once a day.



hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
That's not wrong, but if you have a betting strategy with clear defined criterias it won't change things since taking more picks or less won't change the accuracy
Is there anyone who guarantees that betting strategy with clear criteria will be able to provide victory, this is gambling so it is not easy to really get what is worth betting on with guarantee of winning.
The more bets, the higher the risk taken and the greater the chance of losing or losing in row, every gambler must consider all this and they must not do careless things that could be financially dangerous.
I myself have never taken more bets to increase my chances of winning, although there are many gamblers who do, especially in lottery betting.
If both take risks and have the chance to lose, I would prefer to use better strategy such as turning several multiple bets, this will increase the odd or amount of profit when winning but is proportional to the risk involved.
Spending more money by just betting carelessly will only make the gambler experience massive money losses.
Gamblers do this because they think that in order to win they need to take higher levels of risk, but what they do not seem to get is that the higher the risk the less chances they will win, so anyone out there that wants to win more often in gambling needs to take the matches with the least risk possible, does this guarantee a win? No, but at least it makes it easier for the gambler to then try to beat the casinos at their own games.
hero member
Activity: 1302
Merit: 503
Leading Crypto Sports Betting & Casino Platform
That's not wrong, but if you have a betting strategy with clear defined criterias it won't change things since taking more picks or less won't change the accuracy
Is there anyone who guarantees that betting strategy with clear criteria will be able to provide victory, this is gambling so it is not easy to really get what is worth betting on with guarantee of winning.
The more bets, the higher the risk taken and the greater the chance of losing or losing in row, every gambler must consider all this and they must not do careless things that could be financially dangerous.
I myself have never taken more bets to increase my chances of winning, although there are many gamblers who do, especially in lottery betting.
If both take risks and have the chance to lose, I would prefer to use better strategy such as turning several multiple bets, this will increase the odd or amount of profit when winning but is proportional to the risk involved.
Spending more money by just betting carelessly will only make the gambler experience massive money losses.
hero member
Activity: 798
Merit: 509
Leading Crypto Sports Betting & Casino Platform
I will say this that it depends on how good we are and the kind of game we are gambling bets with, we play a single game and loose the bet, same way we can have our games in their numbers not because we want to win big, but we actually care about the choice in having their combinations altogether, that is why the reason for us to be gambling should first be defined under the condition of having fun, while having a multiple picks will show how accurate we could be in making selective combinations accurately.
It's very true that you can loose even with a single pick and also win even with multiple picks too so it's not even about the picks or number nof picks or even the odds but some times I will say it's just luck playing out because if you are lucky, even with multiple picks you can still win and same goes with single picks too.

Defining your reason for gambling as for fun so that you probably don't get impacted by the picks we make if they actually go wrong isn't a bad idea but then make sure you are not doing self decite where you know you are actually gambling because you hope to make money from your gambling activities, making it look like nits for fun Will only increase your pain when you loose because your self decit will now dawn on you but if genuinely you did for funthwn you will definitely not ha e any reason to grieve when you lose.
sr. member
Activity: 616
Merit: 291
Bitcoin in Niger State💯
You can't depend on your personal knowledge when talking about gambling. Gambling is a full time luck game, and if lock is not on your side, you could even loss a single game  bet, but the making more selection reduces your chance of winning. This is where the aguement of the rich and poor gambler come to play, those who are termed to be rich make few selection while they increase their stake. But those who are termed to be poor would possibly make small stakes with enough selection.

Nevertheless I can still agree to the fact that knowledge is very important in gambling since that will help you to make the right decision most times. and it can become an Instinct for you to choose the right team that is winning the game against other. it is also through gambling the people are making money.

No longer a news that the gambling game is all about predictions and luck however due to familiarity with how some events play out maybe came more instrumental into making decisions that will be at the favor of the government and the economy of the State
sr. member
Activity: 728
Merit: 271
4-5 altcoins are just too few for someone who is very sure that a bull run will make him rich.

Just like a parlay still. The more you add to your multibet slip the more you lose your chance to win. The only that can make yourself dreaming though is that the amount that you'd ever win will be outstanding. But when you only add at least just 3 on your multibet slip you may win a good amount. I would prefer adding just a few and the max will be 5.
Just 5 games ain't that bad as it's  cool to go with a good analysis than some of the gamblers'bet slips I see in which they accumulate plenty number of games that the bet slip be looking like a role call of names as a result of it's lengthiness. Something about those gamblers from when I knew them till date is that I haven't heard or seen them get a win at any time. It's been from one disappointing game to another but sadly they never learn due to the potential amount to be won under such long accumulated games but the possibility is just unimaginable.
legendary
Activity: 2604
Merit: 2353
That's not wrong, but if you have a betting strategy with clear defined criterias it won't change things since taking more picks or less won't change the accuracy and the overall efficiency of your bets. Spending too much time don't help you to be more confident in your choice usually. It's better to stick up with your own key indicators IMO.
legendary
Activity: 2422
Merit: 1191
Privacy Servers. Since 2009.
As gamblers, we love more action, so we tend to make more bets on a regular basis. However, experts say that when we make too many picks regularly, our chances of winning decrease. This is due to the fact that we won't be able to analyze all the games carefully that are in our ticket and won't have the advantage needed to win. So instead, it's recommended that we should value quality over quantity if we want to succeed in sports betting.

Share your opinion regarding this matter.



Edit : I see that some replies are talking about parlay. FYI, this is not about parlay, it's about making many single picks on a regular basis. Please avoid using parlay when sharing your opinion.

I don't think that the number of bets affects the winning/losing percentage (unless we're talking about combo bets of course). If I'll make, say, 5 bets on tennis or 1 bet on tennis, one bet on football and one on boxing, total number of bets will be lower in the second case but you'll have to be an expert in 3 different sports and your chances of winning will be lower imo. Combo bets is a whole different story, with every extra match your chances to win a bet is decreasing.
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
I will say this that it depends on how good we are and the kind of game we are gambling bets with, we play a single game and loose the bet, same way we can have our games in their numbers not because we want to win big, but we actually care about the choice in having their combinations altogether, that is why the reason for us to be gambling should first be defined under the condition of having fun, while having a multiple picks will show how accurate we could be in making selective combinations accurately.
Regardless if you are gambling for fun or you are doing so because you believe yourself capable of becoming profitable, it is undeniable that if you want to win it is better to concentrate yourself in just making fewer but solid bets instead of making lots of them, and this because if you were to have only a single hour to make an analysis of all the bets that you wanted to make, it is obvious you could dedicate more time to each one of them if their number was low, but if you wanted to make a lot of bets this will reduce significantly how much time you could dedicate to study each one of them.

What you suggest is true and I agree with it but the unfortunate thing is that gamblers who have the intention and goal to "earn" it is very difficult for them to bet with small amounts, I understand that however this is the more recommended approach in gambling because for our own safety but something that gamblers who have the goal to earn they always overdo it because they have high confidence and expectations of winning so it is very possible for them to take options that they cannot actually be responsible for when they lose.

Another thing minimizing anything in the form of action on gambling is always recommended, whether it's in terms of the amount of budget or limiting the time to bet as you suggested, and that means whatever you want to do then try to make it the result of rational consideration, do not put hope on winning because our safety is much more important.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
I will say this that it depends on how good we are and the kind of game we are gambling bets with, we play a single game and loose the bet, same way we can have our games in their numbers not because we want to win big, but we actually care about the choice in having their combinations altogether, that is why the reason for us to be gambling should first be defined under the condition of having fun, while having a multiple picks will show how accurate we could be in making selective combinations accurately.
Regardless if you are gambling for fun or you are doing so because you believe yourself capable of becoming profitable, it is undeniable that if you want to win it is better to concentrate yourself in just making fewer but solid bets instead of making lots of them, and this because if you were to have only a single hour to make an analysis of all the bets that you wanted to make, it is obvious you could dedicate more time to each one of them if their number was low, but if you wanted to make a lot of bets this will reduce significantly how much time you could dedicate to study each one of them.
hero member
Activity: 2716
Merit: 904
I think the term you are looking for is "parlay" most low level gamblers tend to go with parlay  selection because it's make the possible returns a lot higher even when you stake with small amount but the only thing is that the risk is massive and most gambler know this but still cling to that small hope of theirs.
What exactly do you mean by "low level gamblers"?
Personally, I bet on parlay as well and I could also put a significant amount on single bets. Just to give an example using a figure, let's say I'll put $100 bet on a single game for the point spread, and then I could put $5 for a parlay bet. This kind of bet is quite fun for me, I know parlay does not have high chance but I'm getting some excitement with it especially if I'm seeing that the teams that are included in the ticket are winning, but if it lose, I'm okay as I'm more focus on the $100 bet.

When you are above average in terms of your wealth, playing single bet with lots of cash stake on it, is probably seen as a better chance at Winning it.
I'm just an average gambler, but I bet both on parlay and straight bets.
legendary
Activity: 1064
Merit: 1000
Leading Crypto Sports Betting & Casino Platform

That's like betting on the national lotto. The chances are way too low, especially in football games where there is a chance that the game will result in a draw. I mean, it's better if there are just two options where at least you will have a 50 percent chance unlike having three options which decreases the percentage of winning. Truly, I have seen a lot of football fans who do long parlays and I think it's a waste of money. Well, there's still another chance for them if they can catch the cash-out option while the next game is not starting yet.


We can’t sure all the game was end with draw,it was possible option.But we can’t say it was the only result for the game,so the football also use as the mode for the betting in the gambling site.Every game had the equal opportunity of win and loss by the potential of the particular team.Only the experienced gamblers use the third option of draw in the betting on the football game.The more dedicated gambler will to find the output of the game.Because withdraw cash at the middle of the game is not real sportsmanship.


I mean, I've done that before but only in a tennis game. I saw my chance to gain x50 and I didn't even think twice about pressing that cash-out button because for me, that's already a win and I don't need to pursue the next games because I don't really have any idea about it. I just made that long parlay for fun which I think was successful.
Lots of single bets though might have a better chance but like OP said, it diminishes the analyzation focus on the next games as we tend to not care too much about it, unlike the first bet.

The sports betting alone give you the huge multiple in the single game like x50 of the staking money.The gamblers should take responsibility to learn the sports game and learn the player history before making their money into the game.Because the betting had only two result either multiple of the money by the good game or loss of full staked money in the betting.
member
Activity: 224
Merit: 27
This is one major factor, that affects a gambler chances of winning a bet. Definitely when you accumulate more games the chances of winning  the bet is very low compared to when you accumulate  just few games. This often occurs when a gambler stake on a bet, is very low so they try as much to accumulate more games to have huge winning amounts. It's better when you accumulate more games or odds split the games in various bet so that the accumulation will be few and your chances of winning will be high.
hero member
Activity: 798
Merit: 509
Leading Crypto Sports Betting & Casino Platform
I will say this that it depends on how good we are and the kind of game we are gambling bets with, we play a single game and loose the bet, same way we can have our games in their numbers not because we want to win big, but we actually care about the choice in having their combinations altogether, that is why the reason for us to be gambling should first be defined under the condition of having fun, while having a multiple picks will show how accurate we could be in making selective combinations accurately.
This is a very good point you have made and I can really agree with it because I know that a good knowledge and skill at the game we are gambling on will really have a lot to do with our Chance to win and to lose aswell so it's very important to even if we know that luck ASLO has it's role to play in our gambling activity.

Making multiple picks sometimes isn't just because we want to increase our odds and have big wins but sometime is a way of expressing our knowledge across all the league we ha e good knowledge about and this also have got some effect on how entertained one can get from gambling at that point. Gambling for entertainment Availa us a better condition to gamble unlike when we gamble solely to make money, we get more tensed when gambling for money and most times don't enjoy gambling but when gambling for entertainment we get to enjoy it better.
sr. member
Activity: 546
Merit: 342
I will say this that it depends on how good we are and the kind of game we are gambling bets with, we play a single game and loose the bet, same way we can have our games in their numbers not because we want to win big, but we actually care about the choice in having their combinations altogether, that is why the reason for us to be gambling should first be defined under the condition of having fun, while having a multiple picks will show how accurate we could be in making selective combinations accurately.

You can't depend on your personal knowledge when talking about gambling. Gambling is a full time luck game, and if lock is not on your side, you could even loss a single game  bet, but the making more selection reduces your chance of winning. This is where the aguement of the rich and poor gambler come to play, those who are termed to be rich make few selection while they increase their stake. But those who are termed to be poor would possibly make small stakes with enough selection.
I think the term you are looking for is "parlay" most low level gamblers tend to go with parlay  selection because it's make the possible returns a lot higher even when you stake with small amount but the only thing is that the risk is massive and most gambler know this but still cling to that small hope of theirs. When you are above average in terms of your wealth, playing single bet with lots of cash stake on it, is probably seen as a better chance at Winning it.
sr. member
Activity: 504
Merit: 268
DGbet.fun - Crypto Sportsbook
I will say this that it depends on how good we are and the kind of game we are gambling bets with, we play a single game and loose the bet, same way we can have our games in their numbers not because we want to win big, but we actually care about the choice in having their combinations altogether, that is why the reason for us to be gambling should first be defined under the condition of having fun, while having a multiple picks will show how accurate we could be in making selective combinations accurately.

You can't depend on your personal knowledge when talking about gambling. Gambling is a full time luck game, and if lock is not on your side, you could even loss a single game  bet, but the making more selection reduces your chance of winning. This is where the aguement of the rich and poor gambler come to play, those who are termed to be rich make few selection while they increase their stake. But those who are termed to be poor would possibly make small stakes with enough selection.
hero member
Activity: 798
Merit: 1045
Goodnight, ohh Leo!!! 🦅
Yes... making too many picks could reduce your Chances of winning in either of the tickets...but YES, making too many picks could also act like an added advantage/ a strategy... I don't care what you mean by

what's the Sense in picking 15 odds on a single ticket and wagering them all but refusing to wagering them 15 odds on different tickets as a SINGLE/COMBO?.. you're likely to have a win if the latter is what what you doing... I felt like you're supposed to known way too much to have said it's not advisable; always remember that those Professionals would only tell you what they want you to know.

Sandra 🧑‍🦰
Pages:
Jump to: