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Author Topic: What makes a good bettor?  (Read 959 times)
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August 09, 2020, 09:21:04 AM
 #41

What makes a good bettor? I think it is a combination of traits and habits you need to have in order to be called a good bettor.
Discipline and knowledge is the top of the top things you need to have in order to be a good bettor. Risk is everywhere in gambling in fact gambling itself is already a risk. Betting on horse races does require knowledge about the horses backgrounds and their jockeys. Discipline on how much you are just going to spend so you wont go zero even if you lose.

Betting on horses is not easy as you need to have their full history, how are they trained, what they eat, who is the jockey, their experience etc. The research part is very important in order to have an edge over others. Discipline is also very vital in gambling else you may end up losing very easily if you do not know when to stop.

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August 09, 2020, 09:21:44 AM
 #42

It's knowing the game and putting your passion to it.

Just like a competition, your aim is to win so you will have to work for it, gambling is just different as you have to take the risk, but winning is possible.

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August 09, 2020, 09:30:39 AM
 #43

What makes a good bettor?
Money.

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

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August 09, 2020, 09:38:50 AM
 #44

Self Control.

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

Money will be useless if you don't know when to stop especially when you are winning. Maybe people who are believing in some beliefs can make it too Cheesy.

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August 09, 2020, 09:51:27 AM
 #45

Sports betting, analysis is needed but it doesn't mean it will always go that way.
Most of the time, not. Depends on how good a player could be. There will always be the off nights.
Expectations could also fog decisions. But yeah, it needs knowledge and updates about the sport.

Horse racing, I think you would need the same. Analysis, knowledge about the horse.
That might only be the twist of it, unlike multiplayer sports where you would need to keep track of every player that has an impact for the team.
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August 09, 2020, 11:24:28 AM
 #46

Of course, to bet on something, you need to understand how it works.
Just like in football, in racing, every horse is unique, every horse is trained and prepared. Each has its own genetic characteristics and mileage.

I don’t know how things are with doping there, but it’s obvious that it is necessary to understand at least the basic principles of horse training and their characteristics in order to understand their capabilities and potential chances of winning.
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August 09, 2020, 12:00:16 PM
 #47

As you've said it, people should know a lot of things to the games or sports they are betting on. Without this knowledge to a certain game you are betting, you are increasing your risk of losing. Even if you are following someone's bet, you are blindly betting at it. You can analyze games, performance and matchups to be able to see your probability of winning.

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

I don't know about luck because I don't see it as a trait that we can use. Maybe the most important of all traits comes with management; that includes yourself and your money you are using to bet. There are a lot of times that a gambler can't control himself from gambling, we can't call him a good bettor, right? The same with those that can't stop betting even if he really needs to.

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August 09, 2020, 12:26:03 PM
 #48

There's reason to believe that betting on, say, sports, is skill-based, as at least there are some people famous for being good at it. But if a person is betting on horse races, does the person need to know a lot about horses and horse races or can one be a successful bettor based on other things (for instance, choosing a certain strategy based on the odds or simply reading what others say about an upcoming race)?
If you are a sports bettor you need to be interested in the sport you are betting and you need to know about everything including the players and their injuries to be a successful bettor and when it comes to horse racing you need to understand and learn about the horse and their well being and i would say it is a much difficult choice of betting than any other sport.
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August 09, 2020, 12:40:01 PM
 #49

Betting on something is easy, everyone can do that but betting with confidence that you'll be able to win the round is difficult. It takes a lot of time and effort to study or to be familiar as much as possible in the game you're going to bet or play. Only few people like 3 out of 10 (IMO) are willing to take the risk in the long run, those kind of people have the biggest resolve and never go back.

So in the end, they win the game. Whenever they bet, they would always win. They are still losing but not too much unlike the first time they started betting or playing gambling.
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August 09, 2020, 01:51:10 PM
 #50

There are instances that someone will become a good bettor like for example that person really loves basketball and if he will
gamble in basketball there is a big chance that he can be a good bettor as he is very familiar to it.

Being familiar to the team who plays will give you an advantage, meaning you will not loss easily compare to those gamblers who
are only betting base on their instinct without a deep knowledge about the players or the team who are playing. If you want to gamble in sports
then it will be good if you know about the sports that you want to gamble as it will serve as you advantage though it is not necessary but it is very useful.
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August 09, 2020, 01:51:14 PM
 #51

Is it about knowing how to bet or what you're betting on, what do you think?
How to bet is too basic, anyone who have already tried gambling knows how to bet, but the next one is very important, know what you are betting on because if you want to win in gambling, you need to focus on a limited games, if possible, you focus on one game so you can master it.

In my case, I love sports betting, I know basketball, soccer, MLB, and NFL, but my passion is basketball so I am focus on basketball only when it comes to betting, and I can say I have improve easily as I love what I'm doing.

This is certainly for long term if you want to succeed as this journey is very challenging and the ultimate success here is to be consistent.

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August 09, 2020, 02:04:13 PM
 #52

Self Control.

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

Money will be useless if you don't know when to stop especially when you are winning. Maybe people who are believing in some beliefs can make it too Cheesy.
I strongly agree with your statement bro.

In everything in this world, self-control is a must. Controlling our own desires, greediness and emotions are the hardest thing that we can`t do. In fact, many people have lose their funds because they can`t control their emotions. They are being manipulated by the game and prizes. They thought that having a double times money will become easy at all rounds. That is why many gamblers have been rekt when they are winning in casinos.

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August 09, 2020, 02:17:00 PM
 #53

As what cabalism said is true if it is 50-50 but when it comes to betting that is not 50-50 is you should be knowledgeable what you want to bet. Take the post above as an example about horses. It is also the same other sports like basketball, soccer and more that needs gathering information in which team to bet.

In 50-50 you really need to be lucky when dealing with the risk. It is a matter of choice on depending on the odds and your preferences. As what @cabalism have said, it doesn't matter where to bet because at the end of the day, it is luck that will make you win that game.

In terms of horse racing, you should know the odds, the horse with the low and high odds so you have basis on where you will place your bet and also you are confident about your money. At least, you have basis, but if you still lose, that's really a problem because you are not lucky that time as a bettor.

In some gambling games, there's a good bettor, but if it is a luck-based game, feel free to bet depending on your mood.
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August 09, 2020, 02:33:00 PM
 #54

Is it about knowing how to bet or what you're betting on, what do you think?
How to bet is too basic, anyone who have already tried gambling knows how to bet, but the next one is very important, know what you are betting on because if you want to win in gambling, you need to focus on a limited games, if possible, you focus on one game so you can master it.

In my case, I love sports betting, I know basketball, soccer, MLB, and NFL, but my passion is basketball so I am focus on basketball only when it comes to betting, and I can say I have improve easily as I love what I'm doing.

This is certainly for long term if you want to succeed as this journey is very challenging and the ultimate success here is to be consistent.
Its isnt bad for you to consider on having multiple sports as long you do know it then its your choice to bet on it.Just be sure that you are just making some wild guess

just because you do just target on having multiple bets or just following other tips as well.Being pro in a certain sport is attainable but its up to your own choice if you
do just focus on one or stick with it on the end.

Betting on something is easy, everyone can do that but betting with confidence that you'll be able to win the round is difficult. It takes a lot of time and effort to study or to be familiar as much as possible in the game you're going to bet or play. Only few people like 3 out of 10 (IMO) are willing to take the risk in the long run, those kind of people have the biggest resolve and never go back.

So in the end, they win the game. Whenever they bet, they would always win. They are still losing but not too much unlike the first time they started betting or playing gambling.
If you do know how to balance up everything and do accepts risk which  is primarily needed in gambling world then frustration and stress wont really be that a much an impact compared to
those who do just play just because they do expect too much for them to win everytime which is really not right.

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August 10, 2020, 02:22:26 AM
 #55

It all depends on what game are you betting on, there are games that you need to use analysis and knowledge about the sports or teams involved like sports betting, skills, and experience like card games, and some are based on luck like dice, crash and etc. Bankroll management and being patient and self-control will also lead you to lesser risk. Sometimes our emotions and being greedy leads us to a stupid mistake and losses.
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August 10, 2020, 03:06:38 AM
 #56

If that person wants to bet on horse races, he should know the horse, and perhaps, he will need to learn details about the horse, including how to select the right horse. It is the same for the other sports because that is the only thing that we can do to choose the right team/player/horse. Besides that, he needs to what strategy he can use in every match because I am sure that the situations will not be the same in every match.

That is about knowing how to bet and what you're betting because that is related to each other. If people can achieve success or a regular basis without having much knowledge as others, I think that is because he has big luck in those sports, and I believe that person exists, although we don't know who they are.
shoreno
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August 10, 2020, 03:20:16 AM
 #57

It all depends on what game are you betting on, there are games that you need to use analysis and knowledge
not on the game but on the person playing the game .you can say dice and other casino games are luck based but why there are people that implement a stratetgy on them and even me i analyze my play from time to time . thats one of the steps to make us a good bettor   .

 i dont consider the people that plays for fun as a good bettor because they dont have thier own strategy , they just bet and bet until they got enough
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August 10, 2020, 06:16:30 AM
 #58

You know what a good thing in gambling is? random outcome. But with what you said about Esports, Horce Betting, and same gambling categories, outcomes could be predicted especially in cockpits, when a cock is well nourished and trained, it could have a higher percentage of winning compared to slot games dice and cards which produces absolutely random outcome. Esports in addition is like this, players could have a huge difference in skills that is why team managers choose the best among the rest. Then what does this means? We might have a good profit if we aren't just bet. We also need to study and spectate player's improvement.
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August 10, 2020, 07:03:34 AM
Last edit: August 11, 2020, 12:27:56 PM by Savemore
 #59

You know what a good thing in gambling is? random outcome. But with what you said about Esports, Horce Betting, and same gambling categories, outcomes could be predicted especially in cockpits, when a cock is well nourished and trained, it could have a higher percentage of winning compared to slot games dice and cards which produces absolutely random outcome. Esports in addition is like this, players could have a huge difference in skills that is why team managers choose the best among the rest. Then what does this means? We might have a good profit if we aren't just bet. We also need to study and spectate player's improvement.
Gambling is all about probability so it is not pure luck and random outcome, a good bettor or a good gambler should have right skills and right mindset especially if the game requires skills like horse betting, esports and sports betting. There are some games where it doesn't require high skill level like playing dice games and slots.

Patience with right knowledge can make a gambler to become a good bettor, there are some bettors who usually lose huge amount of money because they are not fully understand what are they into, they just betting through guess. If we have right knowledge and right mindset, we can create a strategy and plan that can help us to become a good bettor where we can have high winning rate.
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August 10, 2020, 07:26:49 AM
 #60

It all depends on what game are you betting on, there are games that you need to use analysis and knowledge about the sports or teams involved like sports betting, skills, and experience like card games,
You have a chance to become a successful gambler here, when you are focus with games that you can use your skills, you can grow your skills.
Sports betting is one good example, you analyze the game and since nowadays data is not hard to find, you can always use that to come up with a great analysis, but it doesn't make you a winner all the time, understanding that you need to win most of the time is very important as that's what you should do in order to be profitable in the long run.

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and some are based on luck like dice, crash and etc.

You can't win in these games if you like to experience consistency, luck based games are very unpredictable, so don't focus on this, instead do it for fun alone.



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Bankroll management and being patient and self-control will also lead you to lesser risk. Sometimes our emotions and being greedy leads us to a stupid mistake and losses.

Definitely you need bankroll management, and in order to effectively do that, you also need to be a discipline gambler that you don't get heated when you faces some adversities in your gambling journey. Controlling your emotion is one key to become professional as we gamblers should play according to the game plan we design, it's meant to be followed all the time.
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