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Economy => Gambling discussion => Topic started by: alastantiger on November 26, 2023, 07:44:53 PM



Title: How Many Bets to Know How Good Enough You Are?
Post by: alastantiger on November 26, 2023, 07:44:53 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: electronicash on November 26, 2023, 08:02:10 PM

the ultimate data to see how good you are is if you've made money out of that 60% rate. doubling your money after just 5 bets, i guess that is already good enough.
i see gamblers putting the same amount of money on all 3 bets with odds 1.10 and if two won and one lost, no profits are made.

easy to win when you bet on fave team. in soccer or in football the favorite team doesn't really win all the time, making sports betting actually hard.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Westinhome on November 26, 2023, 08:14:16 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

At the beginning of gambling most of the gamblers use to loss,like you became the Silver or Gold membership of the gambling site.So after you waggered for 50-100k dollars,you will learn what the game you are really playing.After that only you can able to build the real tactics for the game,until you had wager for 100k dollars in the single game.You can't able to learn the particular game,but if you wager the entire 100k dollars in the particular game.You will became the legend of that game and all the next bet will help you to recover the entire loss.But you need to use the tactics without of any emotional involvement.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: darkangel11 on November 26, 2023, 08:17:57 PM
It depends on the game you play. Some games are built for hundreds of bets at a time. Dice players often make 50+ a day, so after months of playing you get into hundreds of thousands of bets. Is that going to show if you're good at it or not? I say it won't. If you're up even 5% after a month of playing dice you're doing good.
In poker it's more of a who you're playing with. You can get a table full of newbies and win and it won't mean you're good. I'd say getting out of a tournament with a profit means you're a good player, but in general being in profit after a few sessions (number of bets depend on the game you play) means you're good.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Odohu on November 26, 2023, 08:46:38 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?
There is not direct answer to this question because the emphasis should not be how good you are as a gambler rather how good is your strategy. I appreciate the fact that you have come to terms that gambling is a game of probability so your sample size should be wide which is already what you are doing. Now let's face the key question.

First what is your risk to reward ratio? It is not enough to have a high win rate; what matters is how many losses can a single win cover. If your risk to reward ratio is like 1:10, you just need a single win to cover ten loses. With a win rate of 30% under this arelrangement, you are already a highly profitable gambler. If the risk to reward ratio changes, adjustments can be made to ascertain true position of the strategy. So I feel the strategy should be the focus.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Oshosondy on November 26, 2023, 08:50:36 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are?
Just gamble and have fun and do not think about how expert that you are.

Some people make use of strategy. Example is martingale.

If you are using some strategies, it is not about how good you are winning, but about how good you are able to turn losses and winning into profit in total.

Do not use more than the amount of money that you can afford to lose because people that think like you may want to be making income from gambling and that is not good.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Gozie51 on November 26, 2023, 09:02:43 PM
450-500 bets or 800 to 900 bets is already too much to begin to measure yourself to be a good player. Even with 1- 5 bets you can still measure yourself in percentage to see how many grade or percentage you have based on how many games you have won. But what really matters is your profitability and not how many bets you have entered for.

The many bets you have listed already shows addiction or desperation depending on how good you had those bets, like are they for 1 year, 1 month, weeks or days. Bet as you can afford to lose.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: BitcoinPanther on November 26, 2023, 09:16:02 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

I think it depends on the knowledge of a person on the sports he is betting.  Percentage simply represents how accurate and good is the analytic ability of a player. So instead of relying on statistics, why not go directly and ask oneself if he is confident enough with his predictions.  This will answer whether  the person is ready to go forward to a higher ground of betting.

If a person feel that he is not good enough for the next level, then he must do more digging and acquire more knowledge on betting, the strategies and find more factors to consider in making precise bet prediction.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: _act_ on November 26, 2023, 09:16:18 PM
Even with 1- 5 bets you can still measure yourself in percentage to see how many grade or percentage you have based on how many games you have won. But what really matters is your profitability and not how many bets you have entered for.
1 to 5 bets to be used to know how good someone is? That is not possible. Haven't you gambled before and win 5 consecutive times and then followed by losses?  I have gambled for a whole day before and I won all the matches I gambled with football live matches that day and it was a good day for me. I gambled with more than 20 matches that I won all that day. But losses follower the next day.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: swogerino on November 26, 2023, 09:16:50 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

For me it needs to have about 500 bets and that is enough to give you a rough idea of how good you are.However let me tell you that hitting frequency of 55-60% is really low unless you are playing with odds of 2.5 and above,if you play with odds less than 2 you need to have a hit frequency of at least 70-80% percent.

However good luck hitting 80% hit frequency within 500 bets as if you have it you are a great pro in the sport betting and I think most people will agree,I personally copy other people bets most of the time as I have no time to create my own bets.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: TravelMug on November 26, 2023, 09:19:52 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

It's not about the numbers in my opinion, it's about how much money you made. So it doesn't matter if it is 60% or 800-900 bets. The true gauge is did you make money out of those bets and how much it is? You can only like bet 500 or less but the amount could vary or at least majority of it are good value bets and then you will be on the + side. So for me that will be the best indicator that you are good enough or successful, with the amount of money you are bringing in less bets. And as we know it, the longer you play, the high chance that you might end up losing. However, if you can stir that up in your favor then you might be a better player as compare to the majority of us.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Findingnemo on November 26, 2023, 09:27:44 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

Theoretically, I would say any amount of bet is never enough to say whether you are ready to hit that 50-60% winning spot because the result relies on a particular day.

But practically, if you are hitting that range even after 400 bets then you are already a pro, and over time you will learn new things and it will help to evolve your betting strategies. But just as someone who simply wants to enjoy sports betting irrespective of having the intention of becoming a pro sports bettor just the odds and results decide my winning which I consider as my fate or destiny.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Ruttoshi on November 26, 2023, 09:29:45 PM
Even with 1- 5 bets you can still measure yourself in percentage to see how many grade or percentage you have based on how many games you have won. But what really matters is your profitability and not how many bets you have entered for.
1 to 5 bets to be used to know how good someone is? That is not possible. Haven't you gambled before and win 5 consecutive times and then followed by losses?  I have gambled for a whole day before and I won all the matches I gambled with football live matches that day and it was a good day for me. I gambled with more than 20 matches that I won all that day. But losses follower the next day.
Wow that day must be a very lucky day for you since all the 20 matches outcome was as you predicted. Since gambling is a game of luck, I think that you don't need to hit between 50-60% before you can say that you are good because I have seen a gambler that won big on just a single game that he played on that day. He just started his first bet and he won big.

He should have just walk away with his wins but instead, he thought that he was good and clever to win bug on his first game and he continued gambling, before he knew it he started securing losses which he almost used one quarter of his win on gambling before he realized that he was just lucky and needs to walk away with the rest amount on him. I don't need to prove that I am good by playing more games but the moment my gambling budget is gone, I quit.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: OgNasty on November 26, 2023, 09:29:47 PM
As others have stated, winning percentage isn’t a great metric of whether or not someone is a good gambler. It’s quite possible to have a high winning percentage and still lose money. The real skill lies in the ability to see opportunities and pounce on them when they arrive. That is easier said than done for most though.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Spaceman1000$ on November 26, 2023, 09:44:48 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

800-900 is too much of a number to measure your failure or success rate in betting. What happens to 1-10.  You can use the scale of 1 to 10 as a veritable means of measuring betting per cent. As gambler, you most know that your failure rate will always slightly come above the winning games. Statistically as a gambler I will not place myself on scale, because at every point that I gamble, I know when to stop especially when the failure rate is high. I just tell myself that I needed to give myself a break. because one thing you must tell yourself is the fact that successful games doesn't come easily. So for me, in a scale of 1 to 10, if I've won like straight 5 games, I will just give myself a break for a while.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Agbamoni on November 26, 2023, 10:06:42 PM
Since most of the betting platforms stores betting history. You could go back after so many consecutive bets and check net profit an d net loss. Compare them which is greater than the other. Then you would know how better you've become in gambling. Most times you would notice that the number of winnings is greater now than when you started betting. Unless all your gambling bets are being given to you by professionals or persons who have been in the system for long. Otherwise you would see your progress.

However, in my own perspective I would prefer if performance level should be checked based on the ability to always walk away when your ahead. This is something that most gamblers do not pay concentration on. They may be good at winning beta but lack the ability to stop whenever they have increased their money.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Rruchi man on November 26, 2023, 10:23:27 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are?
I am not sure I will be ever be able to brag about how good I am with gambling even if I am successful in a series of consecutive bets. I do not think that winning can completely be sustainable or depended on when gambling because of the many variables.

I also think that all gamblers here should be careful before they become too over confident in their gambling skills and brag about it to others.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: letteredhub on November 26, 2023, 10:31:47 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?
The number of times for me is not that pretty much important n my opinion, I will be okay with winning a few number bets with huge profit than winning many times with less profit compared to how much I have spent gambling. In going pro you will be expecting to but 80% wins at your total bets, however, assuming you hit 89% wins margin of your total bets but didn't make so much money due to size of odds your strategy allows you to work with,would that still make you satisfied? Because I want to know if it's in the number of times you get a win you're interested in as a gambler or it's rather how much big amount you win not minding how many times of bet to be won.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Slow death on November 26, 2023, 10:35:45 PM
Don't think that the betting history you are seeing at bookmakers that are showing you more wins than losses is making you a good bettor, don't fall into that mistake because when you look closely, you will see that even if you have made 1000 bets and If you get 900 bets right and 100 bets wrong for example, your balance being at zero will leave you very shocked and the reason for this to happen is due to the fact that you have placed bets on games with low odds, so you get a lot of wins, but when you have some defeats then your entire bankroll will fail. That's why in my opinion you have to measure it as follows

if you deposit $100 at the casino and place bets and win, then you leave all the profit and withdraw all the $100 you deposited at the casino, after a while you make more withdrawals at the casino and you don't make any deposit at the casino since you withdraw the $100 you deposited, So you are a professional gambler because you will be doing something that few gamblers can do, which is making a profit in casinos. If you manage to make a profit at the casino and don't make a loss, then you can consider yourself a professional gambler. I honestly do not recommend looking at gambling as a way of making profits, it is a great danger to think that way. just look at gambling as fun


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Exotic5 on November 26, 2023, 10:38:52 PM

the ultimate data to see how good you are is if you've made money out of that 60% rate. doubling your money after just 5 bets, i guess that is already good enough.
i see gamblers putting the same amount of money on all 3 bets with odds 1.10 and if two won and one lost, no profits are made.

easy to win when you bet on fave team. in soccer or in football the favorite team doesn't really win all the time, making sports betting actually hard.
You are right, knowing how good you are should not be judged by your winning rate but by the profits made from a number of bet. Let say for example, one deposit 20,000 and after betting 10 times a day, they won 7 games and lost 3, if the total balance  is less than the initail deposits then you're still running at a loss, but you might lose 6 bets out of 10 and win 4 bets and that 4 bets won leaves a balance more than the initial deposit then that is how you know you are a good gambler. Another thing about betting that most people don't know is that one must have a target, some target double their deposits and some target just 50% extra, depending on their deposits and continue like that on a daily basis and at the end of the day they go leave the site with their profits at hand. Good decision making and contentment is what makes one a good gambler.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: AmoreJaz on November 26, 2023, 10:40:25 PM
Since most of the betting platforms stores betting history. You could go back after so many consecutive bets and check net profit an d net loss. Compare them which is greater than the other. Then you would know how better you've become in gambling. Most times you would notice that the number of winnings is greater now than when you started betting. Unless all your gambling bets are being given to you by professionals or persons who have been in the system for long. Otherwise you would see your progress.

However, in my own perspective I would prefer if performance level should be checked based on the ability to always walk away when your ahead. This is something that most gamblers do not pay concentration on. They may be good at winning beta but lack the ability to stop whenever they have increased their money.


each gambler has his own betting history and it varies from one player to another. so this is actually very subjective matter. as you said, one can just view his betting history and see for himself.
and besides, if you are talking about luck-based game, there's no concrete answer to when will you be good enough or not. there's no pattern on this, unless, you will give yourself a certain pattern as to when you feel you are being lucky with your bets.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Baofeng on November 26, 2023, 10:42:50 PM
For sports betting? I don't think there is like a set of numbers that you can used as a metrics here. Its because sports betting is not a game that is based on chance. Maybe if this is like a dice game, wherein around x number of spins you might find some variance and see that you are successful or not.

But it's sports betting it's very different, you can have just 1 parlay with 100x and then you win it and say that you are good enough already. However, there could be someone playing for a long time, bet is varied from time to time and still after 1000 bets, he is not winning anything.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Marvelman on November 26, 2023, 11:25:29 PM
As some have already pointed out, it's hard to pin down an exact number for how many bets someone's gotta make before they really know if theyre any good at it.  There's a lotta things that play into it - what kinds of bets you're talkin' about, how much money youre puttin' down each time, what your own personal style is as a bettor, stuff like that.

But in general you wanna have a big enough group of bets that your results actually mean something instead of just gettin' lucky or unlucky here and there.  You want it to be statistically significant, with enough bets where you can see real patterns, not just random chance.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: MainIbem on November 26, 2023, 11:49:39 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are?
Just gamble and have fun and do not think about how expert that you are.

Some people make use of strategy. Example is martingale.

If you are using some strategies, it is not about how good you are winning, but about how good you are able to turn losses and winning into profit in total.

Do not use more than the amount of money that you can afford to lose because people that think like you may want to be making income from gambling and that is not good.

The professionalism always leads creates more spaces for one to lost huge amount especially when they are too confident with their predictions or with their entries actually it's good for one to be very positive and remain optimistic about their entries and games but then we don't know how to manage funds due to this self reliance in us a gambler. What mostly propelled this acts is when we gamble maybe we beat the house we might think we have all the technicalities it takes to constantly win without knowing it's a luck based game and not by professionalism.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: pixie85 on November 27, 2023, 12:31:10 AM
Funny question because let's say I tell you that it's 100. Will you believe me? Will you feel confident in your skill when after 100 bets in dice or slots you are in profit? Will you tell everyone that you're a good player after that?

If I tell you that it's a million bets, will you play long enough to try it?

This thread cannot answer your question and even if it does, you probably won't do anything with that knowledge.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: wxa7115 on November 27, 2023, 12:50:17 AM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?
That is more than enough to know whether you are good or not, right now I do not remember how it is called but there are math methods that allows you to know how much your results are away from the mean, and those methods will also let you know if those results can be gotten by luck alone or not.

So it could be a good idea that you took a look at that math, perform the calculations and see what comes out of it, however in my experience I think you have enough evidence that demonstrates you are good enough to become a professional gambler if you want.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: ralle14 on November 27, 2023, 01:38:09 AM
If you're betting long enough to test yourself, I want to say around the thousand at the minimum because only a few bettors last long enough to keep recording their wins and losses. It still depends on the leagues and sports you're covering, so it could take a few seasons or more before you could hit a thousand bets.

Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?
I'd recommend betting further to test your limit because maintaining that percentage, in the long run, could easily mean you're better than most gamblers.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: bluebit25 on November 27, 2023, 02:07:49 AM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?
The probability of the outcome is difficult to describe. With gambling, there are only wins, draws, and losses, so the outcome is the main factor. So how long is the exposure process? I think it's enough for them to realize its true nature, and there will be no time limit. Just like in life, there are people who cannot own a house from birth to death, but there are also people who are born as children of very rich people. And in gambling, I think the best players are always the bookies, as they give us space, so I really don't have many ideas about becoming a professional player.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Litzki1990 on November 27, 2023, 02:08:02 AM
I don't need to make certain bets to know how good I am at gambling, my gambling experience will tell me how well I know about gambling.  If we keep betting one after another with the idea of gambling, we will never know about betting well, but if we know about betting and make small bets, it will be useful for us. I don't think gamblers ever gamble to validate themselves but every gambler gambles for his own purpose. Gambling may fulfill one's purpose and some may not fulfill one's purpose. A gambler who does not become addicted to gambling but can take a break and gamble in the right way can fulfill some of his goals by gambling.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Wexnident on November 27, 2023, 02:37:03 AM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?
You need money to go pro on betting. The amount of bets you have would naturally increase over time really so no need to mind that in the first place, I don't think you can simply become a pro even if you have hundreds or thousands of bets under your name. Skill naturally comes to you if you consider that especially in cases like Poker or sports gambling itself but said skill would only ever build up if you have money to support it. There's a huge difference in pressure in betting tens to hundreds of dollars in a table to thousands to tens of thousands after all.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: dansus021 on November 27, 2023, 02:42:07 AM
How Many Bets to Know How Good Enough You Are? I dont know since this a gamble i dont think I am good or pro in a gambling, I used to play a domino with 4 player and my best win rate is only 40% and that win rate considered lot but when I look on other player they seems have around that percentage I still didnt find above 40% unless they play in short term like 2-5 play and win streak


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: _act_ on November 27, 2023, 06:35:58 AM
For sports betting? I don't think there is like a set of numbers that you can used as a metrics here. Its because sports betting is not a game that is based on chance. Maybe if this is like a dice game, wherein around x number of spins you might find some variance and see that you are successful or not.
Casino games are luck based, it is what that can not most likely be used for seeing how a gambler is good in winning but they are games of chances. If you are not frequently gambling with sport, the luck will be more than using it to gamble all the time. It has a way you can also analyze and predict while gambling with sport. But I am talking about just gambling with a single game and not accumulation. But above all, it is very important to know that there is nothing like what OP is talking about if a gambler can not use an amount of money that he can afford to use to gamble because if using high amount, that is a bad gambler already and there is nothing good about that.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: freedomgo on November 27, 2023, 06:44:01 AM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

It's not measured by the number of bets made but rather by the percentage of wins. Making more bets does not necessarily contribute to long-term success, as it is assumed that careful consideration may not have been given to each bet. In sports betting, the recipe for success is not quantity but quality.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: davis196 on November 27, 2023, 06:58:27 AM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

Bets on what? Sports betting or traditional casino games(roulette, slots, crash, etc.)?
You simply cannot prove "how good you are" at luck based games. Luck is luck. Sometimes you have it, sometimes you don't.
Sports betting is a different topic. What kind of bets are you talking about? Lot odds or higher odds(of maybe a mix between the two)?
Everyone could make 500 bets with high odds and get a 70%+ success rate. The real masters of sports betting could make bigger profits via bets on low odds. I assume that this is a combination of luck and knowing the teams(players) you bet on.
Betting performance can be dependent of your mental state. Sometimes you can have better luck and score better results and the other day, your performance and results could fall apart.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: un_rank on November 27, 2023, 07:09:58 AM
Assuming I want to go pro on betting...
What exactly do you mean by go pro on betting? If that is to rely fully on the income from gambling without any other source of income, that is not a very good idea. Gambling is far to unpredictable to rely on regardless of how good you are, and it is an addictive activity, so you should try to do it with as little pressure as possible.

- Jay -


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: KTChampions on November 27, 2023, 07:19:38 AM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

It all depends on the odds and volatility. If you play with low odds (up to 2), then I think a distance of 100-150 bets will very accurately show how good you are. If you play with large odds, say 100, then you will need a distance of at least 1000 bets since the volatility of the result is extremely high: if you guessed twice in the first 100 bets, it turns out that you are damn good, right? But this is just volatility, since over the next 300 bets your result may go negative or come to the average.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Z390 on November 27, 2023, 07:29:34 AM
As a gambler, don't ever believe that you are good at anything related to gambling, you are nothing but something counting his hope on nothing but luck, the wrong thing you can do as a gambler is winning randomly in a game and you start to have this mind that you are a better gambler, you will end up fooling yourself and you believing that you are a better gambler can make you made the wrong choices.

1. You will start believing that your luck is not leaving your side anytime soon.

2. You will feel the need to increase the amount you are risking on gambling before.

3. If things are going your way you will start using large amount, something you can't afford to lose.

Then all of a sudden, you lose everything, and you get frustrated and sad, you lose your mind and if you are weak you will never go back to your old working strategy of bankroll management, you will continue to believe that this new strategy that just cost you your money is the way.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: rahmad2nd on November 27, 2023, 07:36:10 AM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

Honestly, I don't really understand the point you mean. however, assuming that you want to be a professional in betting, for me that is not the benchmark if you are interested in what you do. Just imagine, after making 450-500 bets, how much time will you spend. I mean, it is not effective as a reference or benchmark to find out how good you are at betting. In fact, we could discuss it more broadly, but you have to know that the fact is that not all bets will be won, even if you are a professional or a football pundit.

For example, in one week there are many matches presented by bookmakers for various leagues. Are you going to bet on various leagues, whatever the method, whether single betting or parlay. if so, I can assume 90% of you will experience defeat. although it doesn't always have to be specific, unless you are in lucky mode it could happen. It's just that moments like that rarely happen.
well, so it's like this. if you want to be a professional part, based on my point of view. You will only bet on matches that you really believe in and have a high probability after your research and analysis. Just look, usually many sports betting experts only focus on a few matches. You don't need to bet a lot to make a profit, if you can get a big win in just one match, that's more than enough.

However, the point is that you don't have to bet on one betting feature option. I mean you don't always have to bet 1×2, because there are many other options. You don't always bet on a team, you can decide according to the results of your research and analysis. Well, for me personally this is the point for our benchmark. even though in reality, predictions are just predictions and the final result is what determines. In short, you can try 3 matches of your choice from various leagues in one week. Or, 1 match is also allowed for single betting. if nothing is ideal, feel free to not bet. and this is what I do, in my sports betting. Ideally 3 bets are enough, with a variety of betting options such as 1×2, handicap, under/over and all kinds of things. try doing it, after that you can draw your own conclusions.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Mauser on November 27, 2023, 07:48:26 AM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

That is a good question I haven't really thought about. For the amateur gambler I would expect the number to be somewhere around 50-100, but if you want to become a professional sports bettor than the number should be way higher. 500 bets seems like a solid number after which you know your edge in betting. One more thing to consider should be the time frame as well, if you place 500 bets over several years it could be a misleading as the leagues are changing and your edge could disappear. I would recommend to also split down your betting history over month, so you can that you have a consistent edge to make money in the future. Also, for a professional gambler it would be important to constantly reevaluate your bets and keep checking how profitable you are. Any winning percentage above 50% is important and reaching 55 to 60% is huge. With such a big edge it's more than enough to make a lot of money from sports betting.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Viscore on November 27, 2023, 08:10:13 AM
Assuming I want to go pro on betting...
What exactly do you mean by go pro on betting? If that is to rely fully on the income from gambling without any other source of income, that is not a very good idea. Gambling is far to unpredictable to rely on regardless of how good you are, and it is an addictive activity, so you should try to do it with as little pressure as possible.

- Jay -

When you turn professional, you view gambling as an investment. This means risking money with the hope of a positive outcome. It's a solo journey where you trust your skills and are willing to invest money in them. To succeed, you eliminate anything that could lead to gambling addiction or reduce your chances of success. Before deciding to go pro, you've likely encountered and learned how to handle these challenges, ensuring they don't hinder your goal of success.

Staying a pro in gambling implies that your primary source of income should come from gambling. Perhaps you have a side job or business to provide additional support, but a successful professional gambler should anticipate a substantial cash flow from gambling.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: michellee on November 27, 2023, 08:14:45 AM
It will depend on how much money I deposit in my account. I usually use about $20-$30 to gamble. But I didn't spend that amount of money immediately on that day to reduce my deposits on other days.

Maybe I only bet as much as 100-200 bets and at most around 300 bets. But it depends on the amount of money I deposit. With the amount of money above that, I may bet up to 100-150 bets, assuming I use the minimum bet. This minimum bet is usually around $0.1. So if it were 100 bets, I would use about $10.

And from that bet amount, I still have money left over that I can use to bet another day. But sometimes, I can immediately spend $20 on bets in one day. And sometimes, I can break even.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Blitzboy on November 27, 2023, 08:18:07 AM
Dont risk more than you can afford to lose. Although this way of thinking seems sensible, it actually encourages people to keep doing something risky. Why? Because it disguises gaming as a harmless pastime, hiding the fact that it can become addicting. People often dont see the psychological trap: the thrill of a possible big win can make the reality of continuing losses less important. Realizing the deeper effects of compulsive gaming is more important than just feeling bad about the money you lost. Whatever the stakes are, it can go from being a fun hobby to an addiction. Although your plan may seem safe, it doesnt take into account how complicated people's minds are or how appealing gaming can be. Isnt it smarter to question the idea that gaming can make you happy, especially since the odds are typically against the player?


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Outhue on November 27, 2023, 08:43:38 AM
The most harmless way of gambling is to risk what you can afford to lose, by enough time with your money, I mean don't go around using all you have in your balance, play countless rounds with money less than a dollar, do the math yourself, because the more chances you have with more rounds of games the possible you will win.

Been good at gambling is not about how many times you win, it's actually how many shots you throw at gambling using what you can afford to lose, if you are a pro at managing your bankroll you are a good gambler, this is pretty much everything you should focus on.

I am not good at winning in gambling but I am good at using my money to my own taste without feeling bad if I lose it all, because I stand on using small amount of money and using that money to buy many rounds of games, I have never wager too much money.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Solosanz on November 27, 2023, 09:17:40 AM
But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets.
You're bet in sport and get 55-60% win rates for 450 - 500 bets? I can get at least 90% win rates in sport by betting in heavy favorite team or player where the odds is lower than <@1.05 :D

When it comes to sport, you also need to calculate the odds, not only your winning chance.

If you make sure you bet in ~@3.00 odds and only get 35% winning chances, it's better than bet in ~@1.25 odds with 70% winning chances.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Weawant on November 27, 2023, 09:42:18 AM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?
You don't need this much to know how well you can gamble, firstly you should know that on every level gambling is over 90% luck dependent so there can be times you enjoy winning streak and the other times you be in losses that doesn't in any way make you any better or worse.

Basically get a strategy and stick to it, it may definitely not guarantee you wins neither will it mean losses aswell but it will definitely put you at a good probability to win, there are times the odds will go in favour of your strategy and then you turn out lucky enough to win , the very good advantage of having a strategy is that it helps you stay long because you get to manage your bankroll well enough to align with your strategy, because definitely money management will be included in your strategy.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Bitinity on November 27, 2023, 10:24:56 AM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

To know the winning percentage, means that we do need to have at least a report/a note for all bets we made. Unfortunately I'm not that type of gambler who take note for every bet I made in sports. The calculation can be something a bit complicated because the actual winning percentage will be less accurate if you count it based on the value of the money you get minus the money you spend or just based on how many bets you win minus how many you bets you make. We know there is odds for every bet we made so we should also calculate about this as well. So my question is, your 55-66% is based on what? Based on all factors (money, number of bets, odds) or just based on one of them?


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: slapper on November 27, 2023, 10:59:49 AM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?
You don't need this much to know how well you can gamble, firstly you should know that on every level gambling is over 90% luck dependent so there can be times you enjoy winning streak and the other times you be in losses that doesn't in any way make you any better or worse.

Basically get a strategy and stick to it, it may definitely not guarantee you wins neither will it mean losses aswell but it will definitely put you at a good probability to win, there are times the odds will go in favour of your strategy and then you turn out lucky enough to win , the very good advantage of having a strategy is that it helps you stay long because you get to manage your bankroll well enough to align with your strategy, because definitely money management will be included in your strategy.
Luck rules this game, and talent, while important, typically comes second. Strategy isn't simply about anticipating outcomes, right? It's more about managing uncertainty. A well-planned strategy keeps us in the game longer, making it brilliant. Working on bankroll management is like playing a game of endurance and resilience. This approach changes how we play the game from chasing wins to constructing a sustainable model. It's amazing how a plan may shift our gambling perspective

Money management in our strategy reflects our life decisions. Balancing risk and return, knowing when to push and when to back off. Sticking to a strategy is vital; it offers discipline to a chaotic situation. We can't control the outcome, but we can control our response. Strategy is like understanding the steps in a dance with chance. Aren't we learning to dance gracefully with uncertainty by matching our checkbook and strategy?


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Finestream on November 27, 2023, 11:05:02 AM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are?
It's hard to count your bets as being a gambler, you love to gamble so you need to be consistent betting on the sports you love to bet.

Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets.
Yes, but the key here is not the short term success, it should be the long run as that will determine your future whether you are successful in sports betting or not. And as I was saying, the number of bets doesn't matter as you can choose to place at least one bet per day but you maintain a win rate of 60% or more, you are considered successful already.

Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

Stick with the winning percentage of 60%, then you can go pro.

You can try reading this article below, this might help.
 Sports Betting Math (https://www.thesportsgeek.com/sports-betting/math/#:~:text=That's%20a%2055%25%20winning%20percentage,you're%20not%20losing%20money.)


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: danherbias07 on November 27, 2023, 11:11:22 AM
A 60 percent win rate is good enough, in my opinion.
But you will have to be careful at computing the profits. Most of the time you will get 1.30x - 1.60x wins so 60 percent might not be enough. You need to win more to gain profits but if you are mostly doing it for the favorites then I think you will achieve that. No assurance but most of the time they win.
I am a risky type though, I always use spreads to get a higher win but a lot of times I do not win just because they are not covered. The team that I pick does win but because I don't like how low they offer for just winning the game I do take high spreads to make up for that. It's not recommended but in my case, it's more fulfilling to win in that manner. I guess it will also depend on what kind of a gambler you are.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: AicecreaME on November 27, 2023, 11:23:46 AM
This depends on what type of gambling game you are playing. If you are playing luck-based games, then most probably it'll vary on the scenario and on your luck. But if you are playing skill based and knowledge based games such as sportsbetting, the chances of you winning will depend on how much information you know and how well you play your cards. Game approach is very important. If you are already winning at 60% I guess that's pretty good winning rate already, especially if you are still new in the gambling industry. Although just be careful so you won't focus much on chasing winnings that you will neglect the possibility of losses. Take profit when you are already happy. Do not be greedy so much in making money.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Yamifoud on November 27, 2023, 11:24:16 AM
It is reasonable to claim that we are good enough when we already consistently win more than we lose.
But to achieve that level is not really easy and I know that it takes several months or even years to prove that we are good at gambling.
Well, doing this is more than a gambling study of yourself. You need data, results, and the number of bets - it was not an easy task as per see. That is why nobody claims that they are good based on the winning bets but the claim is based on their experience and spending time in gambling.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Natsuu on November 27, 2023, 11:28:10 AM
Hitting 55-60% after 450-500 bets is a solid start. But we have to give it time. Pros usually say around 1000 bets is a good number for a reality check. It helps smooth out the lucky streaks and unlucky streaks so why not roll with it a bit longer, maybe till the 800-900 mark?  It can give you a more concrete picture of how you're doing. Im certain its not just about the percentages. We should be taking our time to assess and once you feel confident and consistent, that can be the green light to go all in. :)


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Promocodeudo on November 27, 2023, 11:42:36 AM

the ultimate data to see how good you are is if you've made money out of that 60% rate. doubling your money after just 5 bets, i guess that is already good enough.
i see gamblers putting the same amount of money on all 3 bets with odds 1.10 and if two won and one lost, no profits are made.

easy to win when you bet on fave team. in soccer or in football the favorite team doesn't really win all the time, making sports betting actually hard.

In betting there is nothing like being a good or bad bettor, what I understand sometimes is that when your look shines you win, most time people feel that they are conversant with a particular team but it plays out that those teams will lose also, gambling is just a game that we are not sure of, nobody is the best in it, when you win just know that it is your time, don't see yourself as a strategist, just know that you retry such step you took earlier and lose it all, if we like let's bet 100 slip if look is not on our side we won't win any of it, but that doesn't mean that our selections are bad.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Juse14 on November 27, 2023, 12:07:31 PM
I've never counted the number of times I've bet and I don't even remember it, but every month I always count my expenses when I bet, and the same goes for the profits.

And in the end result, it turns out that this bet is not profitable enough even though I have tried as much as possible when analyzing the match before betting.
But even so, the losses I experienced were still in a reasonable amount, and I was still able to bear the losses I experienced. And I still enjoy sports betting activities that do. also I really like doing match analysis.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Gozie51 on November 27, 2023, 12:26:06 PM
Even with 1- 5 bets you can still measure yourself in percentage to see how many grade or percentage you have based on how many games you have won. But what really matters is your profitability and not how many bets you have entered for.
1 to 5 bets to be used to know how good someone is? That is not possible. Haven't you gambled before and win 5 consecutive times and then followed by losses?  I have gambled for a whole day before and I won all the matches I gambled with football live matches that day and it was a good day for me. I gambled with more than 20 matches that I won all that day. But losses follower the next day.

But I think such range of 5 games can be used to know how proficient you are especially if you have won 3 or 4 out of the 5 games.

In your own example, if you have won 5 games straight on a bet and afterwards you start to encounter loses it could mean that you lost concentration in it and the luck also ran out of you. To have a straight win to that number means you did certain things rightly in the beginning and what you needed to do is to continue that way or strategy. Like you don't substitute the winning team, changing your strategy is tantamount to another outcome. Like if you are betting under in soccer and it is giving you winning then you just changed your gig to try direct win, if you lose then you just have to retrace your step back to under where you have been winning already.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Oilacris on November 27, 2023, 12:29:32 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?
It would be all depending with your own preference because even having that 100 Bets would really be that enough for you to tell whether you are going good or not.
If you are trying out to assessing yourself with shorter numbers of bets then it would be your choice. For me then i dont really love on trying out to find out
whether im that 50% more or not when it comes to winning but it will be that something that would be giving us out some questions that we do need to ask
for sometimes whether we are profitable or not. Continuing to play without knowing or trying out to find out their winning probability is someone
into those people who do really just that love to play and enjoy the ride.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Wapfika on November 27, 2023, 12:38:25 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

Bet count will just exposed you to more house edge despite how good you are on sports betting since you will always win less than x2.0 assuming you are betting on high win rate game while you will loss your bet and erase your previous profit with just 1 single losses.

I believe the consistency is what matter instead of relying on bet count because it will show how good you are on sports betting even on 100th bet or less.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: nara1892 on November 27, 2023, 01:01:09 PM
This depends on what type of gambling game you are playing. If you are playing luck-based games, then most probably it'll vary on the scenario and on your luck. But if you are playing skill based and knowledge based games such as sportsbetting, the chances of you winning will depend on how much information you know and how well you play your cards. Game approach is very important. If you are already winning at 60% I guess that's pretty good winning rate already, especially if you are still new in the gambling industry. Although just be careful so you won't focus much on chasing winnings that you will neglect the possibility of losses. Take profit when you are already happy. Do not be greedy so much in making money.

Yes, that's right, to find out whether the results you get are good or vice versa, I think as you said it goes back to what type of gambling you are involved in, basically there are quite a lot of types of gambling that you can choose from and it depends on your willingness to choose. the one that you think is more interesting. Gambling in gambling that is purely about luck means you will never know when you will be able to reach a point that is quite good and profitable because everything is always unpredictable and only your luck can make you smile broadly.

And also other types as you said, sports is one of the gambling that requires you to at least have skills and understanding related to the field of sports, regardless of the type of sport, if you really have some pretty good skills in the world of sports then I think it's better for you to choose this type of gambling because with the knowledge you have indirectly you will be able to make the percentage of certainty to win higher, but if you choose the type of skill bet but you don't have any knowledge about the world of sports then I think it will be useless and still your gambling process will depend entirely on luck like pure luck-based gambling. And yes it's true, basically whatever type of gambling you do whether it's skill-based and you have knowledge it's not impossible that you can't lose, because obviously the luck factor will still be involved there, so keep using your best planning and self-management, apply some measures for prevention because only that will be able to save you from things that are not wanted.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: irhact on November 27, 2023, 01:01:11 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

The numbers of bet doesn't matter because you can be winning presently and consider yourself to be every good but things can change later when you start losing. What I use to measure my success if I'm still good is when my overall games are putting me in profits and not losses. I don't use the number because I might lose more games but they're not big money losses but when when I win and win big money profits, it covers the losses I had in the other games.

Gambling success only matters if you're in profits as you can win many games and yet you aren't in profits due to a big money game you lost. This is also why it's necessary we monitor the amount of money we're using as wagers against the house. The house always have edge in any game we play as the house will always be favorite to win so do not use big money to stake your games or you'll lose it and won't be able to recover from the loss.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: mindrust on November 27, 2023, 01:08:29 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

Somewhere between 150 and 200 probably. If someone can make more right guesses than wrong after his 100th guess I’d say that he knows his stuff. He must have an algo which makes him guess right more often and that will make him money in the long run no matter what happens.

Waiting for 400+ right guesses looks like an overkill to me. Sure it is safer but then why not wait till you make 1000 bets?



Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: stomachgrowls on November 27, 2023, 01:09:20 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?
You don't need this much to know how well you can gamble, firstly you should know that on every level gambling is over 90% luck dependent so there can be times you enjoy winning streak and the other times you be in losses that doesn't in any way make you any better or worse.

Basically get a strategy and stick to it, it may definitely not guarantee you wins neither will it mean losses aswell but it will definitely put you at a good probability to win, there are times the odds will go in favour of your strategy and then you turn out lucky enough to win , the very good advantage of having a strategy is that it helps you stay long because you get to manage your bankroll well enough to align with your strategy, because definitely money management will be included in your strategy.
Luck rules this game, and talent, while important, typically comes second. Strategy isn't simply about anticipating outcomes, right? It's more about managing uncertainty. A well-planned strategy keeps us in the game longer, making it brilliant. Working on bankroll management is like playing a game of endurance and resilience. This approach changes how we play the game from chasing wins to constructing a sustainable model. It's amazing how a plan may shift our gambling perspective

Money management in our strategy reflects our life decisions. Balancing risk and return, knowing when to push and when to back off. Sticking to a strategy is vital; it offers discipline to a chaotic situation. We can't control the outcome, but we can control our response. Strategy is like understanding the steps in a dance with chance. Aren't we learning to dance gracefully with uncertainty by matching our checkbook and strategy?
Sustaining yourself and getting above 50% would be your best shot and you can consider yourself to be on the good side even if we do say about HE could be felt but if you are trying to catch up with those good odd
then it would really be able to patch up. It would be that impossible that you wont really be that able to find out whether you are positive or not but just like on what rest of people been saying on here that
as long you do enjoy then this is whats the important thing on the way you do bet. Be systematic and be that strategic then have that good self control when it comes to risk involve with betting
then you would be that just fine. How many bets you would be needing for you to find out if you are doing that well? 20-30 Bets should suffice but if you arent that satisfied then you could
be choosing 100 or thousands bets or more. It will be matter into your own choice and preference.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: maydna on November 27, 2023, 04:32:18 PM
This is a bit difficult to answer because I usually don't have a certain limit on when I can feel satisfied with gambling. After all, it depends on my mood. If I only gamble for a while, and that's enough for me, I'll probably stop and leave the casino for a few days. I usually play slots, so perhaps I'm not too fixated on how much I have to spend every time I play slots. Perhaps only 30 minutes is enough to play one slot game and immediately stop. But sometimes I can spend longer. But what is clear is that I still try to limit myself by not gambling excessively, and that is the amount of money I can afford to use for gambling. For sports betting, I only bet if I know the team that will play, and after placing a bet, I will leave it for a while and come back to see the temporary results. And if it turns out that I can get a profit that exceeds the amount of the bet I placed, I will cash out.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Casdinyard on November 27, 2023, 04:51:09 PM
I don't burden myself with stuff like these but if I were to be asked, the safest answer I could give is at least after 100 games, spread out equally in at least 3 months of play.

For me, it's just the right amount of games for someone to find out what their baseline win-to-lose ratio is, as well as to determine what type of betting technique works best for them if anything. And it's just the right amount of games that I think would put you in the "devoted gamblers" bracket without really setting off alarms for gambling addiction or anything.

Honestly speaking, burdening yourself with finding out what your win rate is will just cause you to look for ways to amp it up even more, which might cause you to even become addicted to gambling when you're following a strict gambling regiment. So as much as possible, just gamble for gambling and entertainment's sake, be technical yes, but don't worry about trivial details like these.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Hispo on November 27, 2023, 04:54:25 PM
I believe I would go with a pretty conservative figure before realizing my own capabilities. Assuming I am new at sport betting I think I would go for 100 bets as a sample. If I managed to get a 60% of profit/correct predictions in those bets I would consider myself to be good enough. If I instead got something like 50% or less, I would need to improve sustancially if I ever want to score big in sportbetting.
Finally, if in those 100 bets I get 30% or less, then I would not continue to bet for a long time, and I would dedicate part of my time to watch matches and educate myself on those sports.

Losing money is not funny, regardless one is doing the betting for fun or for money...


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Yatsan on November 27, 2023, 04:57:16 PM
No such thing. Gambling is gambling and there's no such thing as "pro" here unless you would be playing in a tournament otherwise you are just a gambler yourself. Having a winrate won't be absolute. Try tracking your gains and losses to see whether you are a profitable gambler or not; these are the only categories. Certainty is lacking in gambling. You could win most of the time in some days but there will always be times wherein you'd lose for days or weeks or even longer. You could bet as many times as you want but for sure only our winnings would tell whether we are good or not. You could lose a thousand time but once you hit the jackpot, you could get back what you have lost but that would only show how much is your progress for a long period of time.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Fivestar4everMVP on November 27, 2023, 05:04:03 PM
I have never bothered to find out what my percentage of winning is when it comes to betting, and this is because, personally, I myself know that I have more losses than winning.

But when it comes to copying bets from other gamblers, possibly pro bettors, what I do look at is the number of total bets ever placed, which must be over a million and more, then, the winning ratio must be around 75 to 80 percent, I always consider finding gamblers with the same number of bets and a winning ratio of 85 to 90 percent and above a blessing, because, such stats is very hard to find, except the stats is manipulated.

But for me, over a million bets and a win ratio of 75 to 80 percent is a true pro.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: topbitcoin on November 27, 2023, 05:23:35 PM
I really can't remember how many times I've done sports betting. Because for me it is quite troublesome and will only remind me of a big loss that I have experienced.
And I think without having to count the number of times we bet, we can easily guess that this activity is indeed quite detrimental financially, because the acquisition of losing is more than the acquisition of winning. And this happens almost to most people who do betting. And as long as we can accept the defeat, for me this is not something that should be disputed.

For me, sports betting is just an activity to add essence and sensation when we see a sports match, so that the match becomes more interesting to watch so I bet on the match. Which is where our euphoria in watching the match becomes more increased.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: cabron on November 27, 2023, 05:23:57 PM
You are good enough if you know your sports and you can only expect your bets will win.
Since every bettor is just not able to manipulate results all we can do is exit the bet or watch lose our money. I haven't really seen anyone share their winning rate but even if they do have a high rate, not anyone including me will actually copy-bet this bettor because of his stats.

Some bettors even if they lose their money, they are pretty much confident in banking on themselves to cast their own bets.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: dothebeats on November 27, 2023, 05:54:28 PM
A consistent win rate (50-55% and up), together with a positive profit is, IMO, a very good indicator of how good you are in sports betting. To get this data, I'd say it's best to track your bets and keep it on a spreadsheet somewhere with formulas auto calculating your win/lose ratio together with your profits. I've done this on the start of the year and so far, I'm at 57.3% win/lose ratio with 103% profit. Just doubled my initial bankroll of $1000 last week and I'm nowhere near as good as other bettors out here that doubles their money in just a few games.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Sunderland on November 27, 2023, 06:03:28 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

I wonder what do you mean with "go on pro betting"? raising the bet amount or?

Well, lets say you have place 500 bets and all of them are won= 100%.
Yes you are pro with the previous 500 games/bets, and you might have a good future with the sports betting but still we dont know what will happen next.
As gambler, we know that there is a good days and bad days when we gamble. Sometimes we win and sometimes we lose.

Also, Quality is better than Quantity - the tension, the suspense is different when you place bet 10$ or $1000 on a single match and it will influence your decision/pick.
The statistic of your previous bets will not influence the future result, your experience does.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: redsun114 on November 28, 2023, 08:50:15 AM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?
It depends on how you start and how you learn and improve. Some gamblers might start with a boom, winning every bet at the initial stage but then start going downhill after a point, whereas some might have a sloppy start, losing more bets than winning in the first few matches like the first 20, but then they might start improving and winning bets more often than before which will start increasing their winning percentage after a certain amount of bets if they stay consistent.

However, I think 500 bets should be enough for a person to evaluate how good or bad they are at it because it shouldn't take you 500 bets to just learn and still not be able to understand if you can do it properly or not. You should be able to have a general idea about how you are doing after 500 bets, in my opinion.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Dr.Bitcoin_Strange on November 28, 2023, 10:53:44 AM
Well, in gambling, don't think that there is anything like professionalism in terms of winning bets. Although some experienced gamblers tend to build for themselves some simple strategies that prevent them from losing more often in the gambling space, that doesn't guarantee them a win in any game they have staked; it could still turn out to be a loss. For me, I don't usually measure how good I am because of my wins; I go with the flow and get happier when I win more than my losses. I think if one has to keep measuring how they have won or lost, they might end up feeling disappointed when they think they should have won and they end up losing.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: nara1892 on November 28, 2023, 12:18:33 PM
Well, in gambling, don't think that there is anything like professionalism in terms of winning bets. Although some experienced gamblers tend to build for themselves some simple strategies that prevent them from losing more often in the gambling space, that doesn't guarantee them a win in any game they have staked; it could still turn out to be a loss. For me, I don't usually measure how good I am because of my wins; I go with the flow and get happier when I win more than my losses. I think if one has to keep measuring how they have won or lost, they might end up feeling disappointed when they think they should have won and they end up losing.

Exactly, basically whether you are a beginner or a professional, the casino won't care about that and don't let you think because you are a professional then you will be a little luckier than some other gamblers especially beginners, of course there is absolutely no difference between the two. I have proven that where I am a fairly active gambler but not too much because it's just for fun but on the other hand there is one of my friends who can be said to be a beginner, he has just plunged into gambling but has been able to get a sizable jackpot which honestly as long as I gamble I have never gotten such a big result, and with that I think it can be a reason that whether you are a professional or a beginner there will still be no difference between luck or the intention is still if you are lucky then you will win and if not then you lose, that's simple.

But the difference may be in terms of methods and precautions, where professional gamblers have more experience and they already know what they should do when facing certain conditions. Yes that's right, measuring better results in gambling can make them put greater expectations, instead of paying attention to many things for prevention but instead focus on finding ways to win and that means more experiments they will do.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Peanutswar on November 28, 2023, 12:38:20 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

People keep testing themselves until their luck comes with them some of their stories succeed and they take home a large amount of money and some of them don't due to excessive hope that they will earn more those winnings they've lost their money instead. Actually, this will depend on the player something winning 50% or above is not just enough so they will keep testing and chasing until where they can try to get profit. To play gambling as a pro its a must to have a good amount of money that you won't regret to lose because it's part of the game if you want to get a large amount you must need to risk a large amount too.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Oilacris on November 28, 2023, 01:57:43 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

People keep testing themselves until their luck comes with them some of their stories succeed and they take home a large amount of money and some of them don't due to excessive hope that they will earn more those winnings they've lost their money instead. Actually, this will depend on the player something winning 50% or above is not just enough so they will keep testing and chasing until where they can try to get profit. To play gambling as a pro its a must to have a good amount of money that you won't regret to lose because it's part of the game if you want to get a large amount you must need to risk a large amount too.
On the time that you would be chasing up your losses then this is the time that you will be that desperate and this is something that must be avoided. How many bets needed for you to see if you are doing good enough? It would be entirely be that depending on how you would be able to see with those stats or numbers. Whether it would be enough for 10 bets or 20 or 100 bets, it would be according into your own method. Some might be making some test bets but this one will really be costly specially if we do speak about 100 bets before you could tell that you are
doing just fine.

The most important thing when making some sports bet is that you should really know on the team/players that you are betting on. Dont mind much
about winning rate or what as long you are that enjoying and at the same time you are not making use of borrowed funds then you should
be just that fine. 10 games should suffice but if you arent contented then its up to you if you will be continuing.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: BitcoinTurk on November 28, 2023, 02:11:12 PM
In order to be sure that you have good enough in gambling, my personal opinion is to have placed over 500 bets with a success rate of at least 60-70%. Although reaching a high number as a percentage is important in this case, I think this ratio should be high with as high a number of bets as possible because when we compare someone with a 90% winning rate with 10 bets and someone with a 70% winning rate with 1,000 bets, there is no doubt that we can say that the second person is more experienced and successful.


the ultimate data to see how good you are is if you've made money out of that 60% rate. doubling your money after just 5 bets, i guess that is already good enough.
i see gamblers putting the same amount of money on all 3 bets with odds 1.10 and if two won and one lost, no profits are made.

easy to win when you bet on fave team. in soccer or in football the favorite team doesn't really win all the time, making sports betting actually hard.

Yes, it is actually possible to state that it is sufficient if a person doubles or more than doubles his/her money but as I mentioned above the total number of bets placed is also very important in order to make a general comment and ensure continued good enough.

Additionally, let's say a person places three different bets with odds of 1.10 as in the scenario you mentioned. In this case, if 100 units of money are used for each bet there will be a bet amount of 300 units. If two bets are successful and one is unsuccessful this person will have 220 units of money and will have made a loss instead of making a profit. Moreover, when a success rate is calculated after reviewing the person's bets there will be a loss of 80 units that is approximately 25% of the capital with a correct betting rate of 66.66%.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: KTChampions on November 28, 2023, 10:38:21 PM
I have never bothered to find out what my percentage of winning is when it comes to betting, and this is because, personally, I myself know that I have more losses than winning.

But when it comes to copying bets from other gamblers, possibly pro bettors, what I do look at is the number of total bets ever placed, which must be over a million and more, then, the winning ratio must be around 75 to 80 percent, I always consider finding gamblers with the same number of bets and a winning ratio of 85 to 90 percent and above a blessing, because, such stats is very hard to find, except the stats is manipulated.

But for me, over a million bets and a win ratio of 75 to 80 percent is a true pro.

Do these statistics reflect the odds with which the bets were made? If not, then these statistics are useless and can only confuse those who do not know the nuances. If you want to achieve similar statistics, then place bets with odds up to 1.1 and you will easily get this result. The problem is that the deposit will still be in the red.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: paxmao on November 28, 2023, 10:44:52 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

Well, I think that you would need more bets depending of the game. So you wanna play chess, you can probably bet 20 times by playing and you will pretty much know where you are. In poker, 1000 bets is a good playing day, so you will need many many more to see what is your real level, which is also a moving target, since you are supposed to improve with time.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: passwordnow on November 28, 2023, 10:48:19 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?
IMHo, there's no actual measurement or metric on how good we are and how many bets we need to determine that. What measurement for me is the tenure of yours being a gambler. That will determine of how good you are IMO because the longer you have been a gambler and how much you've made will determine what you really are.

So, if you've got a lot of achievements for all of the years that you have been gambling then that can be said that you've been a profitable gambler and that's so good of you.

But if you have been a gambler for a very long time and you don't even manage to make some profitable bets then that only says that you're not as good as what you're thinking.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: qwertyup23 on November 28, 2023, 11:04:29 PM
This depends upon several factors but the most common indicator to know that you should stop is when you have reached your budget for the day.

If you are the type of person who allocates a certain budget for gambling, then once you reach that threshold, then that is the sign for you to stop. However, if you do not have a designated budget since you gamble whenever you feel like to, then a good indicator is when you have realized that you have lost/won more than enough.

Again, this is a case-to-case basis scenario and this can depend on multiple factors. But having a designated budget is a good practice for a person to manage their expenses since this gives them their "reality check" when they gamble.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: lionheart78 on November 28, 2023, 11:38:03 PM
No such thing. Gambling is gambling and there's no such thing as "pro" here unless you would be playing in a tournament otherwise you are just a gambler yourself. Having a winrate won't be absolute. Try tracking your gains and losses to see whether you are a profitable gambler or not; these are the only categories. Certainty is lacking in gambling. You could win most of the time in some days but there will always be times wherein you'd lose for days or weeks or even longer. You could bet as many times as you want but for sure only our winnings would tell whether we are good or not.

Well, you said it yourself, in gambling there are those professionals who participate in tournaments.  We might not call normal gamblers to be professional but I guess we can tagged them as seasoned gamblers.  These are people who are in the gambling industry for so many years, meaning they have rich experience when it comes to gambling.

Winrate can identify the performance of a person. IF the win rate is above 50%, this means the player won more than they lose, and suppose to be in profit if the amount of bet and game odds is fixed.  I highly agree that certainty is lacking in gambling and it won't be called gambling if the result is certain.

Quote
You could lose a thousand time but once you hit the jackpot, you could get back what you have lost but that would only show how much is your progress for a long period of time.

True that, the reason why many lottery ticket buyer keep on buying tickets regardless of the very slim chance of winning is because once they hit the jackpot, all their expenses will be recovered plus that huge amount of winnings that can change their lives.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: wallet4bitcoin on November 29, 2023, 01:17:58 AM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

A couple of trials after your first time should determine your level of success. The first approach to betting might not be a good determinant when it comes to self-evaluation of your betting skills.

Maybe after betting for 3 to 4 different times, you can self evaluate, but not to forget, the mindset you possess while betting is also an important factor. If you always go betting after a long day, you don't expect the results to be the same as when compared to betting from a point of relaxation and proper skill deployment even though wins are more characterised by luck rather than skills.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: tygeade on November 29, 2023, 05:21:20 AM
Funny question because let's say I tell you that it's 100. Will you believe me? Will you feel confident in your skill when after 100 bets in dice or slots you are in profit? Will you tell everyone that you're a good player after that?

If I tell you that it's a million bets, will you play long enough to try it?

This thread cannot answer your question and even if it does, you probably won't do anything with that knowledge.
Don't know about you, but I find the question serious, and I think he isn't asking about us but he is more concerned about his performance. Also, he is talking about sports betting here, and not casino games. All of us are equal in casino games although our luck can come randomly, e.g. I am lucky today and can win while you aren't but the next day or so, you are the ones who are lucky and I am the opposite of it. Luck can still play a role even in sports betting, this is why he said someone can get those percent after a certain number of bets. To know our true skill, it is better to place more bets, as the winning percentage can still fluctuate.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Out of mind on November 29, 2023, 05:56:13 AM
If you can bet this amount of money and win, then I think you are an experienced and good gambler. It is possible to prove your experience based on your winning bets, if you can win 1-5 then you can claim to be a big gambler. And if not, you're not a very experienced gambler, so you need to keep thinking and time your bets enough to be successful. It's good if you win a few bets, but if you lose later on, your percentage may drop. Moreover, if you are constantly betting and increasing your gambling experience, it will not be very standard if you claim to be a good gambler in terms of winning percentage. So you need to increase your experience in betting first, otherwise you can lose money anytime.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Kakmakr on November 29, 2023, 06:13:10 AM
A 60% win ratio might be deceiving.... let's say 60% of those wins was on bets with low risk and only 40% of those were on high risk bets, then that statistics means nothing. Anyone can cherry pick low risk bets and achieve a high win ratio... but the true professional can take medium and high risk bets and continuously have wins on them.

The ability to spot good bets on medium to high risk bets, come from proper research and lots of experience. You should also be consistent in a large variety of Sports .....not just in one of two of the Sports that you love.  ;)


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: nara1892 on November 29, 2023, 04:46:25 PM
If you can bet this amount of money and win, then I think you are an experienced and good gambler. It is possible to prove your experience based on your winning bets, if you can win 1-5 then you can claim to be a big gambler. And if not, you're not a very experienced gambler, so you need to keep thinking and time your bets enough to be successful. It's good if you win a few bets, but if you lose later on, your percentage may drop. Moreover, if you are constantly betting and increasing your gambling experience, it will not be very standard if you claim to be a good gambler in terms of winning percentage. So you need to increase your experience in betting first, otherwise you can lose money anytime.

It seems to require something unusual to be able to get such a big win, one of which has experience and qualified skills and not only that you also have to be really lucky, although basically such things are always difficult to know but no problem, maybe there will be a time when you are in a position of full luck. It's a good idea to make sure that you've got a good idea of what you're getting yourself into and how you're going to do it.

If you're not sure how to get the most out of the game, then you'll want to make sure that you have a good idea of what you're getting yourself into. And the point is that if you are gambling on skill-based gambling such as sports then obviously over time you will be able to gain experience by learning various things related to the field of sports, and if you already feel enough with the skills and knowledge you have then I think the results of your bets will be a little better, but remember always use a small budget amount even if you already have a pretty good knowledge because after all this is gambling that is not entirely predictable.

 


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: KTChampions on November 29, 2023, 06:11:30 PM
A 60% win ratio might be deceiving.... let's say 60% of those wins was on bets with low risk and only 40% of those were on high risk bets, then that statistics means nothing. Anyone can cherry pick low risk bets and achieve a high win ratio... but the true professional can take medium and high risk bets and continuously have wins on them.

The ability to spot good bets on medium to high risk bets, come from proper research and lots of experience. You should also be consistent in a large variety of Sports .....not just in one of two of the Sports that you love.  ;)

I completely agree with the first statement (regarding the importance of such statistics and cherrypiking) and disagree with the second (about consecutive victories). It is impossible to constantly receive winnings at any odds since the dispersion of the result can be large, only the result over the distance matters. Roughly speaking, if there is a profit at a distance of 1000 bets, then this is a confirmed success, but if at a shorter distance we see profits or losses, then it is too early to judge.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: maydna on November 30, 2023, 03:10:08 PM
If you can bet this amount of money and win, then I think you are an experienced and good gambler. It is possible to prove your experience based on your winning bets, if you can win 1-5 then you can claim to be a big gambler. And if not, you're not a very experienced gambler, so you need to keep thinking and time your bets enough to be successful. It's good if you win a few bets, but if you lose later on, your percentage may drop. Moreover, if you are constantly betting and increasing your gambling experience, it will not be very standard if you claim to be a good gambler in terms of winning percentage. So you need to increase your experience in betting first, otherwise you can lose money anytime.
Only we will know how much betting we can afford, and that is enough for us, and it is true. We can bet 10x and feel that is enough for us to gamble so we can leave the casino straight away. But some gamblers can bet more than 10x, and that makes them feel better until they finally decide to stop gambling. But we have to remember that the longer we gamble, the greater the chance of losing because the emotions will become greater, especially when we lose. We will begin to be unable to accept loss and will instead try to recover from the loss.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: danherbias07 on December 01, 2023, 11:52:25 AM
A 60% win ratio might be deceiving.... let's say 60% of those wins was on bets with low risk and only 40% of those were on high risk bets, then that statistics means nothing. Anyone can cherry pick low risk bets and achieve a high win ratio... but the true professional can take medium and high risk bets and continuously have wins on them.

The ability to spot good bets on medium to high risk bets, come from proper research and lots of experience. You should also be consistent in a large variety of Sports .....not just in one of two of the Sports that you love.  ;)
Agree, I do 3 sports but I won't be a hypocrite and say I am good at it. It's difficult to keep up with so many players, fighters, and boxers in the sports industry. I am trying to add table tennis too but there are so many players especially, in the Russian tournaments.

Proper research means watching games and keeping ourselves updated with the sports events which is not easy. Sometimes I do miss some games because there's another game happening on that same day.
60% by OP is a high amount, in my opinion. I'd go 30-40% at low risk and 20-29% at medium risk. Recently, I have been playing casino games with high-risk bets and all I can say is the chances of winning are way below the numbers that I said.
Also, there's no way to identify that you are a good gambler in casino games, it's the house that is good for creating a business that would take our money.  ;D


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: boty on December 01, 2023, 02:49:04 PM
Only we will know how much betting we can afford, and that is enough for us, and it is true. We can bet 10x and feel that is enough for us to gamble so we can leave the casino straight away. But some gamblers can bet more than 10x, and that makes them feel better until they finally decide to stop gambling. But we have to remember that the longer we gamble, the greater the chance of losing because the emotions will become greater, especially when we lose. We will begin to be unable to accept loss and will instead try to recover from the loss.
This really depends on us to be able to control ourselves in gambling, if we can control our emotions in gambling of course we will be able to stop when we have lost several times, but it is very difficult for us to stop gambling if we cannot control our emotions, after getting many losses while we still have funds to gamble, we will not stop because we will continue to chase wins that we will not get until all the funds we have are used up.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Strongkored on December 01, 2023, 02:56:34 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?
I think as a bettor it doesn't need to be too difficult to analyze how good we are as bettors because the winning percentage can go down and up even in sports betting where we are very familiar with the sport, for example in the Champions League in the fifth match how many people predicted that Bayern Munich only drawing with Copenhagen, PSG also drawing against Newcastle or predicting that AC Milan will lose to Dortmund at San Siro, so all the analysis you make to see whether you are a good bettor will never be accurate because there are other factors that we don't know about for example a club that changes strategy and so on, so just enjoy every bet, if you lose, accept the loss, if you succeed in making a profit, then withdraw and enjoy.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: 0t3p0t on December 01, 2023, 03:03:48 PM
Well for me, since we are talking about how good we are when it comes to betting I think the higher the percentage of winning makes it acceptable to be called "good enough". 60% is for me quiet good but we all know that it's not that easy to achieve in just a short period of time. Though this depends on what kind of gambling we are in.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Dzwaafu11 on December 01, 2023, 03:13:49 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

I don't think you will have an answer to the question. You know that gambling is not the kind of betting you will do 100% of the time. However, most people lose in gambling multiple times before starting to win at the beginning. Since they will be new and they may be playing it without applying any strategy, are you going to count this in another way? Also, because I believe while you are looking at how perfect you are, you need to consider this too, which you won’t do; however, gambling is a probability something you are not sure of and you won’t know the outcome of it, so how do you think you will be able to win? Till you wait for the outcome of the games you predict. Although you can do that based on how favorable it is for you or the type of strategy you use when gambling, it is still difficult for you to know this because gambling is luck.

f you can win 1-5 then you can claim to be a big gambler. And if not, you're not a very experienced gambler, so you need to keep thinking and time your bets enough to be successful. It's good if you win a few bets, but if you lose later on, your percentage may drop.

It will be hard for a gambler to win 1–5 tickets without losing a single game. However, before considering winning 1–5 tickets and be claiming experience or a good gambler, you also need to check how many games you lose before you win those 5 tickets that make you an experienced gambler. However, you are right by saying his percentage will drop when he continues losing bets, which is constant; there is no magic for that one to lose.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: yudi09 on December 01, 2023, 03:32:12 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?
I rarely measure it to find out how good I am in playing gambling. In a sportsbook betting type of football that prioritizes expertise, I only rely on analysis before deciding to bet on several matches. Not infrequently I get a victory.
The slot game that prioritizes luck is also not uncommon for me to win. I once took a measurement to find out my picture, if I am not wrong between 1 to 3 but I don't often do it because betting just for fun.
Unlucky until 3 times in the type of slot game and the balance is up, I leave from there and come back when the mood is good for playing.
If you bet football, you never miss a bet.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: lizarder on December 01, 2023, 04:31:20 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?
To see all this really depends on what gambling you are playing because usually we can increase or double the bet if we find a table with players who are not very professional at poker. But it is also not certain that we can win all the rounds because there are times when we experience bad times even though we are facing players who are much more beginners in the poker game. I think there is always no certainty in gambling and we can never predict the final result even if we get a winning streak at the start of the gambling we do.

The most important thing is that we have to have control because if we have won several times we should leave the game. It's more about maintaining the flow of funds in the account because when we persist for a longer period of time it is feared that we will lose all the bets and that's where we learn how to gamble responsibly.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Hispo on December 01, 2023, 04:55:17 PM
Well for me, since we are talking about how good we are when it comes to betting I think the higher the percentage of winning makes it acceptable to be called "good enough". 60% is for me quiet good but we all know that it's not that easy to achieve in just a short period of time. Though this depends on what kind of gambling we are in.

What about the number of bets, because only by talking about the percentage of return is not enough for anyone to know they are a good gambler/bettor or not. For example, I could bet twice in the same day and get up to 70%. Would that mean I am good? I don't think so.
I would even only bet once and that a good percentage, but that does not tell anything about how proefficient I am when comes to evaluating matches and trying to guess outcomes.
On the other hand, if I betted for a whole year and got 60% or 70% of profit by the end of the same year, that would be pretty good, even better than most of the stock market can get. That is when one can say one has become a professional bettor.

Though, I seriously doubt there are many professional ones in the world, just a hunch.  :P


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: noormcs5 on December 01, 2023, 05:03:40 PM
Well for me, since we are talking about how good we are when it comes to betting I think the higher the percentage of winning makes it acceptable to be called "good enough". 60% is for me quiet good but we all know that it's not that easy to achieve in just a short period of time. Though this depends on what kind of gambling we are in.

What about the number of bets, because only by talking about the percentage of return is not enough for anyone to know they are a good gambler/bettor or not. For example, I could bet twice in the same day and get up to 70%. Would that mean I am good? I don't think so.
I would even only bet once and that a good percentage, but that does not tell anything about how proefficient I am when comes to evaluating matches and trying to guess outcomes.
On the other hand, if I betted for a whole year and got 60% or 70% of profit by the end of the same year, that would be pretty good, even better than most of the stock market can get. That is when one can say one has become a professional bettor.

Though, I seriously doubt there are many professional ones in the world, just a hunch.  :P

Betting for the whole year and getting a 60-70% win rate is good enough but still, it needs to be further drilled down as to how much odds you took on each bet to get this percentage.

For Example, I can bet on odds like 1.01 to 1.05 and my winning percentage may be above 95% in the year but that does not mean that I am a good gambler or I made a lot of money.
Lowering the odds means less profit on winning but a low risk of losing.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: maydna on December 01, 2023, 09:55:35 PM
~snip~
This really depends on us to be able to control ourselves in gambling, if we can control our emotions in gambling of course we will be able to stop when we have lost several times, but it is very difficult for us to stop gambling if we cannot control our emotions, after getting many losses while we still have funds to gamble, we will not stop because we will continue to chase wins that we will not get until all the funds we have are used up.
However, most gamblers lose control when they are in the casino and play gambling games several times. They start to feel happy playing it, especially since they have managed to win some, even though it's only a small amount. Many gamblers are trapped in situations like that, so they miss the opportunity to stop when they could win. They want to win even more, so they forget to limit their gambling games, especially when they see they still have money in their gambling account balance.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Oilacris on December 01, 2023, 11:50:58 PM
~snip~
This really depends on us to be able to control ourselves in gambling, if we can control our emotions in gambling of course we will be able to stop when we have lost several times, but it is very difficult for us to stop gambling if we cannot control our emotions, after getting many losses while we still have funds to gamble, we will not stop because we will continue to chase wins that we will not get until all the funds we have are used up.
However, most gamblers lose control when they are in the casino and play gambling games several times. They start to feel happy playing it, especially since they have managed to win some, even though it's only a small amount. Many gamblers are trapped in situations like that, so they miss the opportunity to stop when they could win. They want to win even more, so they forget to limit their gambling games, especially when they see they still have money in their gambling account balance.
On the time that you are on adrenaline rush then those initial plans and limits would really be totally forgotten and this is some very casual thing to happen. Speaking about how many bets on trying to make yourself to find out whether you are profitable or not then only a few could really be able to follow up such situation on which majority will really be that forgetting those things in the end.
For me then i dont care about on how many games i would be playing as much i do able to enjoy on what im doing then this is something that i do really prefer.
There's no way that you could be able to see in 10 games but for 100 games then this is where you would be able to determine.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: maydna on December 02, 2023, 09:19:18 PM
~snip~
On the time that you are on adrenaline rush then those initial plans and limits would really be totally forgotten and this is some very casual thing to happen. Speaking about how many bets on trying to make yourself to find out whether you are profitable or not then only a few could really be able to follow up such situation on which majority will really be that forgetting those things in the end.
For me then i dont care about on how many games i would be playing as much i do able to enjoy on what im doing then this is something that i do really prefer.
There's no way that you could be able to see in 10 games but for 100 games then this is where you would be able to determine.
Determining how many bets we can afford will depend on each person because each person will definitely have different capital, so the amount of bets we use will be different. What we have to pay attention to is that when we have been gambling for a while, we have to end it immediately before everything changes and makes us lose our money. Many gamblers have gambled for too long and lost a lot of money, but they don't realize that it was a mistake. And because they feel they still enjoy the gambling game, they continue gambling, but like before, they lose more money. We don't need to experience something like that because we already know that when gambling, we need to control ourselves and limit our money. Otherwise, we will only experience more losses, and it will not be easy to recover from these losses.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: wxa7115 on December 03, 2023, 12:47:20 AM
Betting for the whole year and getting a 60-70% win rate is good enough but still, it needs to be further drilled down as to how much odds you took on each bet to get this percentage.

For Example, I can bet on odds like 1.01 to 1.05 and my winning percentage may be above 95% in the year but that does not mean that I am a good gambler or I made a lot of money.
Lowering the odds means less profit on winning but a low risk of losing.
That is definitely good point, we need to know the overall odds at which the OP took those bets so we can know if they are actually performing way above the average of what it could be expected from someone making those bets, or if those results were gotten simply because they have been taking some bets with a high probability of coming their way and this is skewing the results on their favor.

Still this is not easy to do as this will require an advanced knowledge of probabilities, which is not an easy field to master as some of the answers and procedures you need to follow can be counterintuitive.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: noormcs5 on December 03, 2023, 07:53:00 AM
Betting for the whole year and getting a 60-70% win rate is good enough but still, it needs to be further drilled down as to how much odds you took on each bet to get this percentage.

For Example, I can bet on odds like 1.01 to 1.05 and my winning percentage may be above 95% in the year but that does not mean that I am a good gambler or I made a lot of money.
Lowering the odds means less profit on winning but a low risk of losing.
That is definitely good point, we need to know the overall odds at which the OP took those bets so we can know if they are actually performing way above the average of what it could be expected from someone making those bets, or if those results were gotten simply because they have been taking some bets with a high probability of coming their way and this is skewing the results on their favor.

Still this is not easy to do as this will require an advanced knowledge of probabilities, which is not an easy field to master as some of the answers and procedures you need to follow can be counterintuitive.

The real way to know how much good you were in the bets is to see and calculate how much money you earned from betting and how much you lost. The difference will tell you exactly if you are good at betting or not.

If you only compare the bets won or loss, then as I told this number can be in your favor but you might be in a loss when it comes to the money invested in each bet. Like you may won 10 bets with 1.05 and lost 3 bets with odds of 1.8, so must be an overall loss. This is why it is important to calculate in terms of money and not in terms of number of bets won.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Ever-young on December 03, 2023, 08:11:46 AM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?
Do we even have anything like being good enough or betting pros? If there is I really don't know but what I can say is that, your betting history is enough for you consider whether to level up your stakes or to stick to your current staking Power. Ain't no one gon tell you it's time to level up mate. That's your decision to make. If you feel your betting pattern has been productive after evaluating your previous bets, then leveling up shouldn't be a problem. But always remember risk management cos gambling has it's way of f**king with people.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: ethereumhunter on December 03, 2023, 10:13:32 AM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?
Do we even have anything like being good enough or betting pros? If there is I really don't know but what I can say is that, your betting history is enough for you consider whether to level up your stakes or to stick to your current staking Power. Ain't no one gon tell you it's time to level up mate. That's your decision to make. If you feel your betting pattern has been productive after evaluating your previous bets, then leveling up shouldn't be a problem. But always remember risk management cos gambling has it's way of f**king with people.
Risk management will always be needed to manage bets so that we can reduce the impact of large losses that might occur. We don't need to chase how much we have to bet so that we can be satisfied because we must always remember that the more we bet, the more greed can increase because when our emotions increase, it will affect our psychology. If things escalate, we can lose control of ourselves and we will never feel satisfied even though we have bet more than the previous day. As long as we are satisfied with the bets we have placed, we must immediately leave the casino. Otherwise, we will only be drawn deeper into gambling. And when that happens, we can forget about stopping gambling and maybe we will use more money to be able to bet more and to chase wins. It will definitely not be good for us because we only get the risk of losing it will increase.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Fortify on December 03, 2023, 10:18:57 AM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

The number of bets you make is largely irrelevant unless you are engaged in a game with clearly definable advantages, like poker. If I make 100 sports bets, each one is independent of the other and each one comes with it's own myriad of risks involved. You could make a hundred bets at 1.01 and likely find that 99 of them will pay off, it doesn't make you special or skilled. There can also be a natural variance, where you might get "lucky" by winning a string of 5 high risk bets, but then fail your next 50 high risk bets. If you plan to make money over the long term with something like sports betting, then it's definitely wise to track your returns and try to figure out profitable strategies, but you need to be careful how you interpret the data.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: EarnOnVictor on December 03, 2023, 01:08:01 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are?
Everyone may have their own definitions of qualifying how good they are in gambling, but mine has always been to have 6 months of consistent winning through it and also have a stable gambling account.

By this, you truly know that it's not only a matter of luck but your smartness, wisdom and effort are commendable. Gambling is not easy, and most times, some people would prove they are the best gamblers simply because they won consistently for a very short period. But that is not supposed to be so. Gambling winnings must be consistent for a longer period for anyone to be certain of their status on it. This shouldn't be left to just gambling strategy alone as for the betting style, but also for how the person manages his portfolio in gambling. Many are good predictors and bettors but are very poor in their portfolio management. Even as good as they are, they could still fail due to this imbalanced combination.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Hirose UK on December 03, 2023, 01:57:51 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?
Do we even have anything like being good enough or betting pros? If there is I really don't know but what I can say is that, your betting history is enough for you consider whether to level up your stakes or to stick to your current staking Power. Ain't no one gon tell you it's time to level up mate. That's your decision to make. If you feel your betting pattern has been productive after evaluating your previous bets, then leveling up shouldn't be a problem. But always remember risk management cos gambling has it's way of f**king with people.
Of course we have one reason or one basic foundation to be good enough or professional and the only thing is experience, no matter how many bets have been reached if someone has not been able to learn and also step up better than previous experience then they cannot be said to be professional .
A professional gambler always learns with experience and they consider experience to be the best teacher to create great hopes for success.
Until now, unfortunately, there are still not many gamblers who understand this and until now there are still many gamblers who don't want to learn from every experience they get.
And just keep going like people who don't have direction where they bet just to bet because they have money and want to make money.

And there is truth in what you said about increasing the betting level for every gambler it cannot be known or regulated by other people because only we ourselves know how good our abilities are.
Just relying on other people words also cannot provide maximum results because whatever we decide or what we do, only we ourselves feel it or get the benefits.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Jawhead999 on December 03, 2023, 02:03:02 PM
Not about total bets or winning percentages, but look about how many percentage you earn from your initial bankroll.

So if you start from $1K then after two weeks your funds become $2K, it means you've make 100% of profit. If you start from $2K then after three weeks later your funds become $1K it means you've lose 50%. Calculate the percentage base on winning amount, then see if you're make profit or lose.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Lannakosa on December 03, 2023, 02:13:28 PM
Not about total bets or winning percentages, but look about how many percentage you earn from your initial bankroll.

So if you start from $1K then after two weeks your funds become $2K, it means you've make 100% of profit. If you start from $2K then after three weeks later your funds become $1K it means you've lose 50%. Calculate the percentage base on winning amount, then see if you're make profit or lose.
Everyone understands how to calculate profit, but in my opinion this is not what the OP asked, the question is how long will it take a player to understand how good he is at gambling.

A few weeks is too short a period of time to understand how successful a player you are, it takes much more time to understand how successful you are at a distance. I doubt that it is possible to double the deposit in two weeks, but if the risk management is incorrect, it is quite possible to lose half.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Blitzboy on December 03, 2023, 02:27:57 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

The number of bets you make is largely irrelevant unless you are engaged in a game with clearly definable advantages, like poker. If I make 100 sports bets, each one is independent of the other and each one comes with it's own myriad of risks involved. You could make a hundred bets at 1.01 and likely find that 99 of them will pay off, it doesn't make you special or skilled. There can also be a natural variance, where you might get "lucky" by winning a string of 5 high risk bets, but then fail your next 50 high risk bets. If you plan to make money over the long term with something like sports betting, then it's definitely wise to track your returns and try to figure out profitable strategies, but you need to be careful how you interpret the data.
You're right - each sports bet has distinct risk. Isnt it true that control illusions blind bettors? They think "I've won five times in a row, so I must be good," but isnt this a gambler's fallacy? Does a streak of wins indicate skill or luck? Sports betting is about the bettor's thinking as much as the bets. Does tracking returns and strategizing imply a stronger understanding of the game, teams, and possibly the betting market? However, how does one distinguish a well-planned approach from luck? Does believing past triumphs guarantee future success not qualify as a pseudo-problem? Fun gambling is exciting because of uncertainty. Remember: its the wisdom behind the bets, not the number. Sports betting, like any gamble, requires information, strategy, and realism.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: wxa7115 on December 09, 2023, 01:25:37 AM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

The number of bets you make is largely irrelevant unless you are engaged in a game with clearly definable advantages, like poker. If I make 100 sports bets, each one is independent of the other and each one comes with it's own myriad of risks involved. You could make a hundred bets at 1.01 and likely find that 99 of them will pay off, it doesn't make you special or skilled. There can also be a natural variance, where you might get "lucky" by winning a string of 5 high risk bets, but then fail your next 50 high risk bets. If you plan to make money over the long term with something like sports betting, then it's definitely wise to track your returns and try to figure out profitable strategies, but you need to be careful how you interpret the data.
You're right - each sports bet has distinct risk. Isnt it true that control illusions blind bettors? They think "I've won five times in a row, so I must be good," but isnt this a gambler's fallacy? Does a streak of wins indicate skill or luck? Sports betting is about the bettor's thinking as much as the bets. Does tracking returns and strategizing imply a stronger understanding of the game, teams, and possibly the betting market? However, how does one distinguish a well-planned approach from luck? Does believing past triumphs guarantee future success not qualify as a pseudo-problem? Fun gambling is exciting because of uncertainty. Remember: its the wisdom behind the bets, not the number. Sports betting, like any gamble, requires information, strategy, and realism.
If you have a large enough sample and you calculate the mean then using your results you can calculate how far away from it you are, if you are close to the mean then your results will resemble what you could expect an average gambler to get, however if your results are very far away from the mean then you know that something is happening.

So this could be a way to determine if you are a good gambler or not, now it is true there is no way to be 100% certain about that fact, as your positive outcomes could still be the result of some out of the ordinary luck, still the larger the difference between your results and the mean the lower the chances this is true.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Promocodeudo on December 29, 2023, 03:23:04 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

I don't think that there are number of bets that you will play that will make you a good bettor, the truths is that no matter how good you that you have known bet, you are still going to lose, there is no good bettor to me, I just feel that bet is strictly luck, you can continue to win may be when you play up to six different slip and manage to win two that doesn't still make you a good bettor, that's just luck that's is in play, op, waiting to see the percentage of how good you are in bet, will amount to high level of deceit because there is know perfect bettor I repeat.


Title: Re: How Many Bets to Know How Good Enough You Are?
Post by: Lorence.xD on December 29, 2023, 04:17:09 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

I don't think that there are number of bets that you will play that will make you a good bettor, the truths is that no matter how good you that you have known bet, you are still going to lose, there is no good bettor to me, I just feel that bet is strictly luck, you can continue to win may be when you play up to six different slip and manage to win two that doesn't still make you a good bettor, that's just luck that's is in play, op, waiting to see the percentage of how good you are in bet, will amount to high level of deceit because there is know perfect bettor I repeat.

Exactly, if you are playing in a game that relies on luck, no matter how knowledgeable you are, the skills and techniques, like for example having a bad card, then there's a slim chance of winning unless you are playing with people with no experience in gambling. That's actually a good example of trying to outsmart the system by having six different slips which can increase the probability of winning, but the fact that you need six would be pricey and in the end, despite of winning you would have still a loss. Even in 1/100 chances of winning, if you are lucky enough for your bet to win, your percentage could still go up, in short, it is unnecessary to determine if you are good enough in gambling. Analysis like for sports betting could be good but you couldn't tell if one person could change up the pace and luck sided on their side.