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Topic: What makes a good bettor? - page 2. (Read 1025 times)

sr. member
Activity: 1638
Merit: 300
August 14, 2020, 05:23:24 PM
...I mean, just like a roller coaster ride, you go up and down, so you have to survive and make sure you'll be the winner in the long run.

In a roller coaster, there is no winner. It is full of ups and downs with a lot of people having fun and if you give in to that feeling, you will puke your way out. The best thing here is not to give in to that feeling, and aiming to be a winner in a long time is not bad either it will just make some bad results in the long run. Always remember that a gambler can win in a day but it will not be the same in a month. Keep track, Keep safe and keep being emotional.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
August 14, 2020, 05:17:40 PM
It is not easy to be a good bettor, because we must have knowledge. Without knowledge we are just playing on instinct and that's a bad idea.
Another thing to be a good bettor requires expertise in gathering information, because the more complete information we can collect. The more
accurate our choices are for betting, even the more information we can get can increase our winning chance.

That's right, everyone should acknowledge that it's not easy to be a good better, similar to saying it's not easy to win. Gathering information is just some basic requirement as you needed that to analyze a game before you put your bet, but the real battle was really when you are already in the driver's sit as you have to play against all odds, I mean, just like a roller coaster ride, you go up and down, so you have to survive and make sure you'll be the winner in the long run.
full member
Activity: 1736
Merit: 116
August 14, 2020, 05:00:36 PM
It is not easy to be a good bettor, because we must have knowledge. Without knowledge we are just playing on instinct and that's a bad idea.
Another thing to be a good bettor requires expertise in gathering information, because the more complete information we can collect. The more
accurate our choices are for betting, even the more information we can get can increase our winning chance.
copper member
Activity: 110
Merit: 2
Total Exchange (TEX) and Luxury Ledger (LXRY)
August 14, 2020, 04:36:52 PM
What I believe if a person wants to start betting then he must have knowledge about that specific game first. Secondly he must know when to stop so he must not end up with nothing and losing all money. He must fix a amount that he will not bet more then that no matter he wins or lose.
And the most important part he must not get greedy.

TEX-LXRY
Those knowledge are common, obviously, you need those to play those games because how can you play if you don't know how to play. A good bettor is probably a calm and casual gambler, of course, you need to think well to be a good better and the important thing is not being a greedy person.

Greed will make you lose all of your income because your mindset is to gain more even at all costs, in that way, you will lose a lot and that isn't considered as a good bettor.

Not common.

If I want to bet on sports I should know the odds. I should know about the teams which players is resting which is playing what is the previous score of the team/batting order and many things like that. I just cannot simply bet on England over Indies or some other team.

TEX-LXRY
copper member
Activity: 2968
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August 14, 2020, 03:22:33 PM
I've been thinking about betting and what allows a person to be good at it. There's reason to believe that betting on, say, sports, is skill-based, as at least there are some people famous for being good at it. But if a person is betting on horse races, does the person need to know a lot about horses and horse races or can one be a successful bettor based on other things (for instance, choosing a certain strategy based on the odds or simply reading what others say about an upcoming race)? Is it about knowing how to bet or what you're betting on, what do you think? And do you think betting something a person can become good at or is it that there's a low probability of there being people who bet successfully on a regular basis and these people just exist?
You can be good on games which are somewhat based on skills (like poker). But, other games like dice, slots or roulette requires no skill at all. Those are game of chances which depends totally on your luck. No skills or "strategies" will change the outcome of your bets. Anyone that claims that certain trick or way of playing will give you profit, are actually being delusional. They are ones who say you will win after "x" number of losses. Google the term "gamblers fallacy".
On game of chances, everyone has the equal chance of winning/losing. If someone is getting really lucky, tell him to keep on betting and you will see that in the long run, his win/loss ratio is the same as others.
legendary
Activity: 1778
Merit: 1009
Degen in the Space
August 14, 2020, 03:10:51 PM
What I believe if a person wants to start betting then he must have knowledge about that specific game first. Secondly he must know when to stop so he must not end up with nothing and losing all money. He must fix a amount that he will not bet more then that no matter he wins or lose.
And the most important part he must not get greedy.

TEX-LXRY
Those knowledge are common, obviously, you need those to play those games because how can you play if you don't know how to play. A good bettor is probably a calm and casual gambler, of course, you need to think well to be a good better and the important thing is not being a greedy person.

Greed will make you lose all of your income because your mindset is to gain more even at all costs, in that way, you will lose a lot and that isn't considered as a good bettor.
copper member
Activity: 110
Merit: 2
Total Exchange (TEX) and Luxury Ledger (LXRY)
August 14, 2020, 12:47:24 PM
What I believe if a person wants to start betting then he must have knowledge about that specific game first. Secondly he must know when to stop so he must not end up with nothing and losing all money. He must fix a amount that he will not bet more then that no matter he wins or lose.
And the most important part he must not get greedy.

TEX-LXRY
legendary
Activity: 2436
Merit: 1849
Crypto for the Crypto Throne!
August 14, 2020, 12:45:08 PM


The true success will happen if you doing two things: combining knowledge about subject of betting (i think this is 2/3 of success) with a needed strategy of betting (1/3 of success ). But "strategy" is more about accounting of your bets rather than some "magic" actions like probability strategies or expected value.

Sometimes experience plays a factor in a game I have known people who develop a hunch by looking on the players or horses that are playing or running but these people will not developed this kind of hunch if they are not looking at the stats and had ample knowledge about the all the subjects.

I totally agree with you, that experience plays a very important role in making us a good bettor. But many people prioritize other things
such as knowledge and making the best strategy as the main factors of being a good bettor. Even though we shouldn't be too focused on it.
If you have a long experience, it will automatically create our knowledge develops and from experience we can learn from the mistakes we
make, it will create a powerful strategy.

Please, share with me at least a simple "strategy" and tell me how it will help me if i don't have a knowledge about the subject to which i bet. I want to hear a real example, even the simplest. Thx
hero member
Activity: 1750
Merit: 589
August 14, 2020, 08:50:19 AM
Although playing betting game is mostly based on probability and luck associated on the games, still being a good bettor in need to have prior knowledge about the game he wishes to play. Sometimes gut feel works on placing bets but that was just pure luck for standing a chance to place the correct amount of bet on that particular situation. Being a good bettor must know the rules of the game and how the game works because on that cases, you will be depending the strategy you will do on how you will manage to place your bets on that game.

Just placing bets on any game you do not know is simply a gamble and a risk taking making luck works on your side. But the game of bets does not always be favorable to you so to be able to be a good bettor in a sense that you are enjoying playing and making the game took a long run, you must know everything about the game so you would know how you will strategize managing the amount of bets you will place.
hero member
Activity: 2982
Merit: 610
August 14, 2020, 07:08:32 AM
That's what you called luck, but you can't be a good bettor if you always rely on luck, you need some consistency here so you'll be able to survive when time comes that you will be tested, gambling if you take it seriously, you need to consider it a journey where you face challenges along the way and you just have to improve.

Hardwork is useless if you can't win, that's a waste time, you need to be smart to win, and you need to stop when you don't have a chance.
I agree with what you said. I have only recently become interested in betting like this. You can compare it to science as if you were just experimenting. I do not rely too much on luck because when you know you have a strategy that is used for you that is effective you can achieve what you expect. However, what still matters is that you know what you are doing and the limit. I just enjoy my games, win or lose is okay because I know that only two sides are the destination result.
Having that kind of attitude is good, that would make your approach realistic and you'll be able to adjust accordingly as you learn from your mistakes and you continue to grow as a gambler. We will understand that gambling is not easy if we are realistic because we have to prove to ourselves first if we are really profitable with what we are doing, if we are not realistic, we will forget the loses and only count the winnings, that's why we aren't going to the right direction.
hero member
Activity: 2464
Merit: 594
August 14, 2020, 06:52:41 AM
That's what you called luck, but you can't be a good bettor if you always rely on luck, you need some consistency here so you'll be able to survive when time comes that you will be tested, gambling if you take it seriously, you need to consider it a journey where you face challenges along the way and you just have to improve.

Hardwork is useless if you can't win, that's a waste time, you need to be smart to win, and you need to stop when you don't have a chance.
I agree with what you said. I have only recently become interested in betting like this. You can compare it to science as if you were just experimenting. I do not rely too much on luck because when you know you have a strategy that is used for you that is effective you can achieve what you expect. However, what still matters is that you know what you are doing and the limit. I just enjoy my games, win or lose is okay because I know that only two sides are the destination result.

Why bet if you just lose? You should not think of losing ...

That said, if you are going to fight you must be ready, carrying a weapon ...

You will learn a lot from your future gaming experiences. Of course, you should also know what you are playing. Choose where you are good ... Once you have learned something, then you can think of ways to somehow have a chance to win.
hero member
Activity: 2982
Merit: 610
August 14, 2020, 06:12:10 AM


The true success will happen if you doing two things: combining knowledge about subject of betting (i think this is 2/3 of success) with a needed strategy of betting (1/3 of success ). But "strategy" is more about accounting of your bets rather than some "magic" actions like probability strategies or expected value.

Sometimes experience plays a factor in a game I have known people who develop a hunch by looking on the players or horses that are playing or running but these people will not developed this kind of hunch if they are not looking at the stats and had ample knowledge about the all the subjects.

It is "possible" to know the winners without "the stats" or having "ample knowledge about all of the subjects"
It can be revealed to you "supernaturally" by our CREATOR. This is the part many people don't want believe exist even though HE does.
That's what you called luck, but you can't be a good bettor if you always rely on luck, you need some consistency here so you'll be able to survive when time comes that you will be tested, gambling if you take it seriously, you need to consider it a journey where you face challenges along the way and you just have to improve.


But we would just rely on hardwork because of other bettors... so we don't have unequal advantage over them just for selfish reason

Hardwork is useless if you can't win, that's a waste time, you need to be smart to win, and you need to stop when you don't have a chance.
Ucy
sr. member
Activity: 2674
Merit: 403
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August 14, 2020, 04:24:16 AM


The true success will happen if you doing two things: combining knowledge about subject of betting (i think this is 2/3 of success) with a needed strategy of betting (1/3 of success ). But "strategy" is more about accounting of your bets rather than some "magic" actions like probability strategies or expected value.

Sometimes experience plays a factor in a game I have known people who develop a hunch by looking on the players or horses that are playing or running but these people will not developed this kind of hunch if they are not looking at the stats and had ample knowledge about the all the subjects.

It is "possible" to know the winners without "the stats" or having "ample knowledge about all of the subjects"
It can be revealed to you "supernaturally" by our CREATOR. This is the part many people don't want believe exist even though HE does.

But we would just rely on hardwork because of other bettors... so we don't have unequal advantage over them just for selfish reason
hero member
Activity: 1722
Merit: 528
August 14, 2020, 03:44:36 AM
I've been thinking about betting and what allows a person to be good at it. There's reason to believe that betting on, say, sports, is skill-based, as at least there are some people famous for being good at it. But if a person is betting on horse races, does the person need to know a lot about horses and horse races or can one be a successful bettor based on other things (for instance, choosing a certain strategy based on the odds or simply reading what others say about an upcoming race)? Is it about knowing how to bet or what you're betting on, what do you think? And do you think betting something a person can become good at or is it that there's a low probability of there being people who bet successfully on a regular basis and these people just exist?
You will eventually become good at something if you have been dong this for a long time and you spend a lot of time analyzing and setting up a system to make analysis much easier, they do exist if you look around you will eventually meet people who are successfully betting with a higher ratio of winning against losing.

Their ratio doesn't matter.

What matters here is how you would be able to do such things, better things than them. I am not saying that you should be competitive with these people, what I am saying is that if you gather enough knowledge, enough experience in this platform, in these bettings, you should be able to start something that they might not know and you will be popular in your own way. It is hard but gathering information and analysis based on others could led you to something good. Despite all of that, you should not always depend on what they can give, it is always based on what you can do.
legendary
Activity: 3696
Merit: 2219
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August 14, 2020, 03:26:57 AM
If you're uncertain whether or not you'd make a good gambler, then chances are you're not.  As others have pointed out, for wagers against living animals, knowing their previous wins and losses / whether they are at or near their peak performance can play an important factor, however, more random games such as the throw of the dice, flip of the card, or where the ball lands, these increasingly require a different kind of skill.

But if you could predict where a ball will land, then the game isn't tough enough to wager on in the first place.
full member
Activity: 1190
Merit: 117
August 14, 2020, 03:04:32 AM


The true success will happen if you doing two things: combining knowledge about subject of betting (i think this is 2/3 of success) with a needed strategy of betting (1/3 of success ). But "strategy" is more about accounting of your bets rather than some "magic" actions like probability strategies or expected value.

Sometimes experience plays a factor in a game I have known people who develop a hunch by looking on the players or horses that are playing or running but these people will not developed this kind of hunch if they are not looking at the stats and had ample knowledge about the all the subjects.

I totally agree with you, that experience plays a very important role in making us a good bettor. But many people prioritize other things
such as knowledge and making the best strategy as the main factors of being a good bettor. Even though we shouldn't be too focused on it.
If you have a long experience, it will automatically create our knowledge develops and from experience we can learn from the mistakes we
make, it will create a powerful strategy.
sr. member
Activity: 2030
Merit: 269
August 14, 2020, 01:03:27 AM
I've been thinking about betting and what allows a person to be good at it. There's reason to believe that betting on, say, sports, is skill-based, as at least there are some people famous for being good at it. But if a person is betting on horse races, does the person need to know a lot about horses and horse races or can one be a successful bettor based on other things (for instance, choosing a certain strategy based on the odds or simply reading what others say about an upcoming race)? Is it about knowing how to bet or what you're betting on, what do you think? And do you think betting something a person can become good at or is it that there's a low probability of there being people who bet successfully on a regular basis and these people just exist?

You will eventually become good at something if you have been dong this for a long time and you spend a lot of time analyzing and setting up a system to make analysis much easier, they do exist if you look around you will eventually meet people who are successfully betting with a higher ratio of winning against losing.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
August 13, 2020, 10:20:20 PM
A bettor needs to have a certain level of knowledge and understanding on a sport/game that he wishes to place his money on. You do not blindly bet on something because you're feeling lucky, and it's not most of the time that luck favors your side so you need to have some prior knowledge to the teams/athlete/player participating in a game before putting your money on their performance. A cautious bettor is a good bettor for me since they know when to stop, how to research and when to push for more bets to get the maximum profit possible. It's not enough that you have the game knowledge on your arsenal, you also need to have self-control to stop and not pushing your luck to its absolute limits, too.
Yes, good bettors are not only about certain knowledge and understanding because in gambling at least a good bettor will also be aware of the situation and conditions that occur at the same time, because by having good feelings, of course this will make it easier for you to control yourself to stop or continue. Basically good bettors are those who have had a lot of experience in gambling itself, so even if you have a lot of strategies that you can get from many sources, it still won't guarantee you to be a good bettor.

More on controlling yourself, if you have that discipline and you are precise with doing your strategy, it will allow you to stop when it's needed either sides win or lose, it's best to have a good control with your emotions, its saves you a lot, not just your bankroll but also your temper, without good control, you are more prone to addiction and that's not the qualities of being a good bettor.
hero member
Activity: 2912
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August 13, 2020, 09:38:49 PM
~snip~
Probably you are right but of course there also cases that after one win in gambling and then again get some losses to which money pocketed are almost gone then suddenly another luck comes along the way during the betting. This is why others do not want to go or end playing when they can still have some fun despite of having the chances that one will lost all the way.

I think it is the prerogative of a gambler whether he wants to play more or not. And in the times that we need to get more fun this is the wa that can help one to get excitement.

That is the tempted of the gambling that will make gamblers always back to the games and spend more money. We cannot deny that when we play gambling, our passion will become bigger, and we still want to use more time to play. But of course, that will not make our luck will always beside us. It is why we need always to have control to say stop when we think it's enough to play gambling.

The gambler will decide when they will stop gambling, but most of them stop gambling because they run out of their money. That is one condition that forces them to stop and cannot continue playing gambling.

I agree, stopping when you win is a very good choice because you will get full victory, because if you keep playing while winning then you will lose everything because your game is dominated by uncontrollable lust.
because what I experience when I win will trigger curiosity that hopes to continue to win and eventually lose, so when I play gambling it's just for fun and stops when I win or lose according to the capital I have prepared without adding more, and play it in a relaxed and calm manner.

I hope there will attract more gamblers who can stop when they win, so they can save the win money and enjoy that money. Although they cannot always win, with just one big win, and they stop from playing gambling, that will be worth for them because they now have the money, and they can use that money for anything they want.

We need to control the curiosity that we have because that will makes us need more time to play gambling. That will not be good for us, especially if we are tempted to continue playing gambling.

~snip~

So true. If we can just get ahold of ourselves, we will not be having a problem with a lot of losses especially those losses that we shouldn't even be a loss. I do said this but there are really those times that it is really hard to control ourselves, it is just like you feel you are very lucky and you feel that you can go home with a lot of cash but the opposite happens. A good bettor has control over themselves and is always rational rather than emotional.

I feel that too, and I have that bad experience before. But if we don't learn to anticipate ourselves from playing more rounds, we will not have a chance to save our money. But I am happy that now I can at least hold myself from playing gambling longer than others because I always remember my bad experience, and I don't want to repeat the same thing.
sr. member
Activity: 1638
Merit: 300
August 13, 2020, 06:45:14 PM
I think it is difficult to hold on to our winnings for a long time because we cannot always have luck in the gambling games.

Holding on to our winnings will not be decided by how lucky we are, that will fall down to how you will be able to control yourself from gambling and how much you will be gambling after you win. If you don't want to lose it or maybe use it into something else, it will not be a problem if you can control yourself. I guess discipline will also fall here.

If I win, I don't want to go back to the games because I don't think that I will get another lucky as before. I prefer to stop gamble, withdraw the money if the money is big, and enjoy the money. The lucky moment will not always come to you or me, and we must realize that so we don't risk more money to gamble with the win money. If we have strong discipline, we can handle it with ease, and we can save that win money.

So true. If we can just get ahold of ourselves, we will not be having a problem with a lot of losses especially those losses that we shouldn't even be a loss. I do said this but there are really those times that it is really hard to control ourselves, it is just like you feel you are very lucky and you feel that you can go home with a lot of cash but the opposite happens. A good bettor has control over themselves and is always rational rather than emotional.
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