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Topic: What makes a good bettor? - page 7. (Read 1025 times)

hero member
Activity: 2926
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August 08, 2020, 08:37:31 PM
#30
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?
In gambling experience is the best teacher you will develop a hunch or a feel as you continue gambling on a particular game and about horse racing it involves skill based on checking each horses that will fit other horses to a particular race, there are horses that can run effectively in a long mile and some horses are good in short stretch, there are a lot of factors to consider.
hero member
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August 08, 2020, 08:18:27 PM
#29
A good bettor in horse races/sports and something of the like requires more patience and research rather than skill. It's a rather tedious task since if you really want to win, you're going to have to put out statistical data and analyze them well. If you want to be as sure as possible, you can possibly ask information about how each team trains, how each horse trains and what events they experienced in the past few weeks before the event, though chances are slim due to most of that being personal but well, you can try your luck in researching about it.

A good bettor never quit whihc s(he) keeps trying, there is perfection of a good bettor because their predictions seems to might have failed in so many times but what actually makes them good is consistency, keeping trying as to hitting big in the future meanwhile not minding on the amount lost so far as this brings back bad memories on them.
Keep trying while knowing why you lost. Trying doesn't bring out benefits, just like how continuous pushups MAY provide you with abs or something, it isn't really good since you're not exercising your entire body PLUS you aren't adjusting your diet with it. To know what to do as well as to know how to do it is what betting is.
sr. member
Activity: 1162
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August 08, 2020, 07:59:21 PM
#28
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?

For 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.
full member
Activity: 1190
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August 08, 2020, 06:34:05 PM
#27
There are many things that can make us good bettors, including how to manage the capital we have, because like many members here
say playing 50-50 is very important the financial arrangement we have. Another thing is the knowledge we have, examples when playing
football betting, we must know the quality of the teams that will compete. And the last one is related to our experience of betting,the longer
our experience of playing betting should sharpen our instincts when deciding on betting.
sr. member
Activity: 1148
Merit: 251
August 08, 2020, 06:13:52 PM
#26
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.
full member
Activity: 896
Merit: 236
August 08, 2020, 05:30:14 PM
#25
  • 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
These all things ok but one very important thing which is you missing its luck because without luck you cannot do any thing even you can lost hot favourite horses and sports bets I have one personal expereince in this case once I place a bet on horse he was winning but suddenly some accident happen and leg is broken so I lost after this I have lesson luck is also very important for this.
Agreed on the statement, but here it is asked what makes one good bettor. If it was mentioned what makes a bettor or gambler win, then I could've added the luck to the list. Without luck one cannot win, but with all these mentioned data one can be a good bettor. Here rather than winning, how he takes forward on wins and losses were much discussed.
Then its OK because you already mention good enough for this all because we all need just these things for good bettor but very few peoples follow these all because these all things need some good time and work.
full member
Activity: 896
Merit: 236
August 08, 2020, 05:10:10 PM
#24
  • 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
These all things ok but one very important thing which is you missing its luck because without luck you cannot do any thing even you can lost hot favourite horses and sports bets I have one personal expereince in this case once I place a bet on horse he was winning but suddenly some accident happen and leg is broken so I lost after this I have lesson luck is also very important for this.
sr. member
Activity: 1232
Merit: 379
August 08, 2020, 05:05:27 PM
#23
A good bettor never quit whihc s(he) keeps trying, there is perfection of a good bettor because their predictions seems to might have failed in so many times but what actually makes them good is consistency, keeping trying as to hitting big in the future meanwhile not minding on the amount lost so far as this brings back bad memories on them.
hero member
Activity: 3024
Merit: 745
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August 08, 2020, 05:01:16 PM
#22
You don't have to be skilled in able for you to bet. Sportsbooks don't have any specific rule of being skilled as a requirement before you can bet.
Betting can make a bettor good if he keeps on accepting the learning process. The loss bets and other things he learn as he bet.
sr. member
Activity: 1638
Merit: 300
August 08, 2020, 04:47:29 PM
#21
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.
hero member
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August 08, 2020, 04:39:55 PM
#20
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?

All are possibilities but we cant really point out which would be the main reason because no man can know about everything into certain things.Being a good bettor will really be needed of some analysis
yet we know that this will really give a big impact when it comes to our winning rate but of course luck will always be the main player.For those people who we do see that able to win
neither he's just tailing someone or do make some gut feeling kind of bets then its his own way to play.Luck is just purely on his side on winning without minding much or making
some in depth analysis of the game.
legendary
Activity: 3122
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August 08, 2020, 04:18:12 PM
#19
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)?

I do bet on horse racing via an administrative panel application during these long periods of the pandemic. All I can say is, there's no such thing as purely relying on luck and random guesses. For a newbie, they might be confused about where to place bets so to solve this, they will just follow how many bets were already put on a certain horse. Whatever the odds, they will pick to it (there's a countdown to place the bet).

But guess what, even with the most anticipated pick it's not an assurance that there's a high winning chance. The key to increasing the chance of winning is game familiarization and that includes awareness about the horse and its jockey. I'm amazed at these people who can analyze the horse before the race and I gained knowledge too because of this. Overall, I can say that knowledge about the horse is a necessary knowledge is a person wants to gamble in horse-racing for the long-term. If it's just about trying something new and doesn't have a plan to bet here for long then I suggest just rely on those odds.
legendary
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August 08, 2020, 03:48:55 PM
#18
That very much depends on what you bet. In sports betting is very helpul if you have some knowledge and information about the sport you bet on. In some other games, like dice you mainly depend on luck however, I would say that good bettor needs to have something that I would call a sixth sense or hunch, that special feeling to make good assesment and decision when betting.
sr. member
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August 08, 2020, 02:49:11 PM
#17
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?
I would say knowing what you are betting on is the most important thing. But that doesn't make you good bettor, you should also know how to bet.  Only with the combined knowledge of knowing your bet and knowing how to bet, you can become a good bettor.



Money.

Skills doesn't matter if you're playing at a 50-50 basis.

I have read this multiple times and tried to understand what you mean, but didn't get it. Can you eloborate what is your thinking behind this ?

I believe he is mentioning about Hi-Lo, heads-or-tails types of games, where you literally don't need a skillset to place a bet even though you can devise a strategy on how to bet.
sr. member
Activity: 1918
Merit: 370
August 08, 2020, 01:10:54 PM
#16
What makes bettor good is when you know what side are you betting, the more background you know the more chances you are going to win. There are many things that an individual makes a good bettor, this also comes with bet discipline, you don't want all in in just single tap, you don't follow your instinct that fully, you don't mess with how fortune you think you got. The last I could think of is the game you are playing, you don't come to a play when you don't how to play the game, master the game and you'll be all good.
legendary
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August 08, 2020, 12:40:27 PM
#15
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.

Money management is really important. You will win many bets and lose many. This is not possible that you win all the bets or lose all the bets. But You can only make profit out of it if you know how much to invest in each bet and how to manage your money effectively.

If you won few big amounts in betting but at the same time lost all of that winning money in other bets, then you are not a successful gambler. 
legendary
Activity: 1722
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#birdgang
August 08, 2020, 12:10:49 PM
#14
In general, there are a thousand ways to be a good bettor. It requires a lot of dedciation, patience and time, which a lot of people do not have for various reasons.

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)?

Knowing your stuff is always better, but you can also make money with some more "technical" betting, like Caan Berry does for example. Dude has no clue about horses, but is very successful in pre-match trading the markets.

Is it about knowing how to bet or what you're betting on, what do you think?

It's about being able to spot valuable bets/spots (=what to bet). Add to it some discipline and a proper money management et voilá (=how to bet).

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?

I think this can be learned, but some people will have a hard time because of their temper. Most people lack in discipline and patience. You don't have to be perfect in all realms, but if you struggle a lot with discipline, then you will never be successful.



Money.

Skills doesn't matter if you're playing at a 50-50 basis.

I have read this multiple times and tried to understand what you mean, but didn't get it. Can you eloborate what is your thinking behind this ?
hero member
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August 08, 2020, 12:09:07 PM
#13
I agree with cabalism only if the odd type of betting is 50-50, but if you are betting on a different or riskier type of odd it is better to have at least a decent knowledge about the sport you are betting on. in this case Horse Racing.

I have no knowledge of horse racing and hence i never bet on it. However i bet on other sports like cricket and football and i have knowledge about the teams and therefore i am able to make successful bets.
If you bet blindly, then the chances of your winning will be very less.
legendary
Activity: 1372
Merit: 2017
August 08, 2020, 12:06:23 PM
#12
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.
full member
Activity: 1134
Merit: 105
August 08, 2020, 12:06:06 PM
#11
IMO, horse race bettor also need to have lot of knowledge related about horses and their previous history and it is important to know about all the running horses and their jockeys to find the probable winner so that makes them a good bettor and it changes depends on the game.If it is casino game then they should keep the bet amount in the median range so they can bet more time which might increase the chance of winning.

If you know about the sports it better because then you will be able to bet on a better team but you can still lose the bet because not always the strong teams wins. Sometimes it is better to not knowing any team strength and just bet with your luck.  Smiley
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