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Topic: What makes a good bettor? - page 6. (Read 1025 times)

jr. member
Activity: 307
Merit: 1
August 09, 2020, 08:51:10 AM
#50
There are instances that someone will become a good bettor like for example that person really loves basketball and if he will
gamble in basketball there is a big chance that he can be a good bettor as he is very familiar to it.

Being familiar to the team who plays will give you an advantage, meaning you will not loss easily compare to those gamblers who
are only betting base on their instinct without a deep knowledge about the players or the team who are playing. If you want to gamble in sports
then it will be good if you know about the sports that you want to gamble as it will serve as you advantage though it is not necessary but it is very useful.
sr. member
Activity: 2436
Merit: 455
August 09, 2020, 07:40:01 AM
#49
Betting on something is easy, everyone can do that but betting with confidence that you'll be able to win the round is difficult. It takes a lot of time and effort to study or to be familiar as much as possible in the game you're going to bet or play. Only few people like 3 out of 10 (IMO) are willing to take the risk in the long run, those kind of people have the biggest resolve and never go back.

So in the end, they win the game. Whenever they bet, they would always win. They are still losing but not too much unlike the first time they started betting or playing gambling.
hero member
Activity: 1400
Merit: 505
August 09, 2020, 07:26:03 AM
#48
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)?
If you are a sports bettor you need to be interested in the sport you are betting and you need to know about everything including the players and their injuries to be a successful bettor and when it comes to horse racing you need to understand and learn about the horse and their well being and i would say it is a much difficult choice of betting than any other sport.
sr. member
Activity: 1638
Merit: 300
August 09, 2020, 07:00:16 AM
#47
As you've said it, people should know a lot of things to the games or sports they are betting on. Without this knowledge to a certain game you are betting, you are increasing your risk of losing. Even if you are following someone's bet, you are blindly betting at it. You can analyze games, performance and matchups to be able to see your probability of winning.

It doesn't give you a 100% win since there are those games that are unexpected.
There’s a lot of factors to be a good bettor, the very important thing is knowledge and luck. Agree with that knowledge is the most important thing you have to conduct a study before placing a bet like the history of their game, their previous wins and the health of the team or players. For us to be more successful bettor we should do our best to evaluate everything as much as we can.

I don't know about luck because I don't see it as a trait that we can use. Maybe the most important of all traits comes with management; that includes yourself and your money you are using to bet. There are a lot of times that a gambler can't control himself from gambling, we can't call him a good bettor, right? The same with those that can't stop betting even if he really needs to.
sr. member
Activity: 1610
Merit: 372
August 09, 2020, 06:24:28 AM
#46
Of course, to bet on something, you need to understand how it works.
Just like in football, in racing, every horse is unique, every horse is trained and prepared. Each has its own genetic characteristics and mileage.

I don’t know how things are with doping there, but it’s obvious that it is necessary to understand at least the basic principles of horse training and their characteristics in order to understand their capabilities and potential chances of winning.
hero member
Activity: 3052
Merit: 651
August 09, 2020, 04:51:27 AM
#45
Sports betting, analysis is needed but it doesn't mean it will always go that way.
Most of the time, not. Depends on how good a player could be. There will always be the off nights.
Expectations could also fog decisions. But yeah, it needs knowledge and updates about the sport.

Horse racing, I think you would need the same. Analysis, knowledge about the horse.
That might only be the twist of it, unlike multiplayer sports where you would need to keep track of every player that has an impact for the team.
legendary
Activity: 2576
Merit: 1043
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August 09, 2020, 04:38:50 AM
#44
Self Control.

Probably this isn't the best one but for me it makes a bettor good. Learning when to stop and when to go is for me a good attitude of a good bettor. There are some things that makes a good bettor too but most of them are purely traits like self discipline, self control, patience, risk management, money management etc.

Money will be useless if you don't know when to stop especially when you are winning. Maybe people who are believing in some beliefs can make it too Cheesy.
legendary
Activity: 3248
Merit: 1402
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August 09, 2020, 04:30:39 AM
#43
What makes a good bettor?
Money.

Skills doesn't matter if you're playing at a 50-50 basis.
All you have to do is to think where to play, and somewhat have the idea on how the game works.
Besides, there are several cases that even if you lose a hundred times you are still being considered as  good bettor, especially IRL.
But if your point is that it's not skill-based on something like that, then money also won't make a good bettor, right? The person would just be losing it slowly... I don't think it's the good bettor case if you had lots of money, lost lots of money, but still have lots of money remaining...
What makes a good bettor?
A good bettor should be such that evaluate the overall value and determine whether the risk is worth taking. Also, a good bettor should be such that will understand values in taking decisions irrespective of the sport s/he prefer to participate. Personally, whenever I choose to bet games of any kind, the first that came across mind is getting the needed information from such sport before make my final decision. History can be a good means to get insight which can help in success during decision making.
I also tend to think history is useful, but somehow whenever I try to analyze history and make a decision, I still lose Grin Because the history is often like win-lose-lose-win-win-win-lose, and you don't know what it's going to be this time.
Apart from what has been said here, I think bankroll management is crucial. It is impossible to have long-term profits if you don't manage your bankroll well, no matter how well you bet.
I guess managing the bankroll properly might be necessary, but it's not sufficient to be a good bettor.
  • Money - Important thing for gambling
  • Skills on Selecting the right odds to win
  • Information gathered about the game
  • Not depending on gambling for living
  • Proper Money Management - The limit &
    Control on Spending
If one of the criteria is not relying on income from gambling, I think it presupposes that steady income is not possible with this, even for a successful bettor. Is that what you mean?
me what makes a good bettor if he can hold his sh*t and not be addicted on gambling. Discipline is what makes a gambler a better one. Why? Because despite that you win nor you have skills, gambling is just in fact a game of luck, with dozens of doors that you wouldn't know what's behind. Hence, no matter how smart and clever you are in playing gambling games/betting in it, you will always be a bad one if you don't even know how to manage yourself.
I don't get addicted to gambling or anything I've tried so far with which some have addiction issues (like alcohol and computer games). However, it doesn't make me good at betting, unfortunately. Yeah, I won't lose too much money because I'm very cautious about spending money, but I won't earn money this way either, and that's not what constitutes a good bettor to me.
hero member
Activity: 2926
Merit: 657
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August 09, 2020, 04:21:44 AM
#42
It's knowing the game and putting your passion to it.

Just like a competition, your aim is to win so you will have to work for it, gambling is just different as you have to take the risk, but winning is possible.
full member
Activity: 868
Merit: 151
August 09, 2020, 04:21:04 AM
#41
What makes a good bettor? I think it is a combination of traits and habits you need to have in order to be called a good bettor.
Discipline and knowledge is the top of the top things you need to have in order to be a good bettor. Risk is everywhere in gambling in fact gambling itself is already a risk. Betting on horse races does require knowledge about the horses backgrounds and their jockeys. Discipline on how much you are just going to spend so you wont go zero even if you lose.

Betting on horses is not easy as you need to have their full history, how are they trained, what they eat, who is the jockey, their experience etc. The research part is very important in order to have an edge over others. Discipline is also very vital in gambling else you may end up losing very easily if you do not know when to stop.
legendary
Activity: 2506
Merit: 1394
August 09, 2020, 04:18:06 AM
#40
(.....)
Betting in general should need discipline to learn about the game. Whether in esports or in local casinos. Others are skill-based and some are just pure luck.
For me, even the gambling is purely luck or some other are skill-based. We should still need to manage our funds.
Being a good bettor also needs know how to manage her/his funds/balance, like risk management. We should also practice this, especially if you go all-in always, it's really not a good idea at all.
full member
Activity: 658
Merit: 126
August 09, 2020, 03:41:47 AM
#39
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?

Since you are asking about horse races, there are a lot of factors to consider too just like any other sports. Maybe we are just that knowledgeable about it but there are factors such as, the number of race the horse already had, the trainer, speed, pace. track. form and etc. A horse bettor watches replays too so they could know how powerful the horse is. They are combining a lot of factor too before betting on a horse. But I've read some highly thought of the trainer.

Betting in general should need discipline to learn about the game. Whether in esports or in local casinos. Others are skill-based and some are just pure luck.
sr. member
Activity: 924
Merit: 275
August 09, 2020, 02:51:21 AM
#38
What makes a good bettor? I think it is a combination of traits and habits you need to have in order to be called a good bettor.
Discipline and knowledge is the top of the top things you need to have in order to be a good bettor. Risk is everywhere in gambling in fact gambling itself is already a risk. Betting on horse races does require knowledge about the horses backgrounds and their jockeys. Discipline on how much you are just going to spend so you wont go zero even if you lose.
If you able to understand how the games works you can become a good bettor but it is not enough because if you will be stagnant where you do not have plan to polish your skills in gambling, there is a high chance that you may experience consecutive losses or even big losses. Gaining experience is also important in order to become used especially in unexpected situation.

Being a good bettor means that you understand the risks very carefully where you are just putting the money that you can lose. In terms of betting in horses, it not always pure luck; there are some bettor who are researching first in order to find their favorite horse before they bet money on it. There are skills that needed to enhance and develop even if you are betting ina horse competition.
sr. member
Activity: 1484
Merit: 276
August 09, 2020, 01:40:41 AM
#37
What makes a good bettor? I think it is a combination of traits and habits you need to have in order to be called a good bettor.
Discipline and knowledge is the top of the top things you need to have in order to be a good bettor. Risk is everywhere in gambling in fact gambling itself is already a risk. Betting on horse races does require knowledge about the horses backgrounds and their jockeys. Discipline on how much you are just going to spend so you wont go zero even if you lose.
sr. member
Activity: 658
Merit: 274
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August 09, 2020, 01:38:39 AM
#36
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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?
Of course, you have to know which horse you're betting at. Not sayin' that odds doesn't help, but it is better to know at least, necessary stuff about those horses, same thing with jockeys -- maybe previous games or their background is more than enough. As it would give you another layer of assurance on which to put your bet on.

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?
Nah, they don't just exist Grin. Bear in mind that, sports betting or that horse race game isn't a game base on luck. It is something more than what you think  Wink.
legendary
Activity: 2128
Merit: 1775
August 09, 2020, 01:29:50 AM
#35
I have done horse racing betting: and the topic I ask: Start betting on horse racing gambling, I need a lot of advice to determine a win and I have all the information here.

Suggestion: for the OP, currently horse racing has become a popular gambling among men so far, and it has become a favorite sport today, I used to doubt it but all of that can be resolved.
If you know some (tips and strategies) in horse racing gambling such as: horses have a good history, record jockeys who do well in horse running, This is very important, if you are involved in horse racing gambling on your own make your choices wisely to get an absolute win.
legendary
Activity: 1134
Merit: 1598
August 09, 2020, 12:59:32 AM
#34
Discipline. It's one of the (if not the) most important things you have to have under control in order to avoid large financial damage. It doesn't help to know as much as possible about the sports you are about to bet on if you are going for insane bet odds and can't help but go all in every time. Same goes not only for sports betting, but for pretty much any other kind of gambling. By having discipline, you can take losses much easier and going bankrupt is a significantly lower probability.
legendary
Activity: 2576
Merit: 1860
August 09, 2020, 12:48:54 AM
#33
If it is betting on, say, a lottery where the chance of winning is one in a million, I guess there is not much to know and understand about it. So, most probably, you will just blindly place your bet on a specific number you consider lucky.

That would be different if you are betting on sports or horse race. At the very least, the people or animals involved have their individual or team records. Their games and performances have patterns, styles, chemistry, strength, weakness, and other unique characteristics.

I believe that knowing all of these and making a brilliant and informed analysis out of them would give you a significant edge of winning.
hero member
Activity: 1722
Merit: 528
August 08, 2020, 10:37:09 PM
#32
As you've said it, people should know a lot of things to the games or sports they are betting on. Without this knowledge to a certain game you are betting, you are increasing your risk of losing. Even if you are following someone's bet, you are blindly betting at it. You can analyze games, performance and matchups to be able to see your probability of winning.

It doesn't give you a 100% win since there are those games that are unexpected.
There’s a lot of factors to be a good bettor, the very important thing is knowledge and luck. Agree with that knowledge is the most important thing you have to conduct a study before placing a bet like the history of their game, their previous wins and the health of the team or players. For us to be more successful bettor we should do our best to evaluate everything as much as we can.

We can't rely on luck though.

People says they can feel it, but we can't see it, we can't measure it so we don't know whether we are lucky or not. And if we don't know that we are lucky, how can we say that we are a good bettor? Lucks comes along the way, knowledge and skill is the most important, the same as the money.
full member
Activity: 1232
Merit: 186
August 08, 2020, 09:29:46 PM
#31
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)?
Maybe you can use the physique of the horse, the popularity of the jockey or even the records of that horse as your basis. Well, it's very hard to predict the winner of such game because there are many competitors thus getting a smaller probability for a single player to win plus all of them almost looks the same so you can't recognize who's the strongest. Hmm, in this sport, I guess you might lose a lot of money first before establishing a good strategy on betting because experience is necessary. That's why I only stick on betting with 1v1/team sports that I knew since I find them easier to predict Grin.
Is it about knowing how to bet or what you're betting on, what do you think?
For me, both. You should understand the principles of gambling, the pros and cons if you bet huge and small, and everything about it as a whole. At the same time, you should know also the place where you risk your money in order to increase your chances of winning. Of course not everything is based on luck, you can outwit the system Wink.
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