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Author Topic: Sports betting: how much knowledge is too much  (Read 3773 times)
erikoy
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September 28, 2020, 10:34:42 AM
 #201

In betting sports I am not only relying on my analysis instead I used to ask my friends regarding on their stand of a certain match. Sometimes we have the same thoughts about the game and sometimes may not but I am open on their analysis and my bet is always subject for change. However, after some considerations I made up my mind and stand on my decision.
 

That's right, but let's return to the OP's question. Is it possible that knowing all those facts makes you to overcomplicate and overthink things, and to make a wrong bet in the end, a bet that is worse than one placed at random? 

I personally think that someone who knows as much as possible, although may lose sometimes due to bad luck, definitely has an advantage in the long run.
Yes, this is actually true if one really knows a lot then he had a good decision in betting unless he is still confuse with lots of information being feed to him then definitely he is not learning at all. He is just aware and confuse that make him more difficult to decide and bet.
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September 28, 2020, 12:02:38 PM
 #202

~
Why don't we use our minds and luck to have more chances of winning and not let lose of money due to gambling?

The combination of both mind and luck is a great weapon of a gambler to increase his chance to win. These two are acquired through great experiences. As we experience more gambling, our knowledge and strategy become more vast regarding it. The  best thing to do is to use that, do not ever lose control, stay focused.
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September 28, 2020, 12:55:43 PM
 #203

~
Why don't we use our minds and luck to have more chances of winning and not let lose of money due to gambling?

The combination of both mind and luck is a great weapon of a gambler to increase his chance to win. These two are acquired through great experiences. As we experience more gambling, our knowledge and strategy become more vast regarding it. The  best thing to do is to use that, do not ever lose control, stay focused.
But Luck is the most important part right?even how Good your mind is but luck wasn't on your side still you will lose.
Nit like if you are lucky even you are not thinking yet the chance of winning is yours.
But that is best way to gamble,Be knowledgeable,wise and be lucky.









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September 28, 2020, 01:33:50 PM
 #204

~
Why don't we use our minds and luck to have more chances of winning and not let lose of money due to gambling?

The combination of both mind and luck is a great weapon of a gambler to increase his chance to win. These two are acquired through great experiences. As we experience more gambling, our knowledge and strategy become more vast regarding it. The  best thing to do is to use that, do not ever lose control, stay focused.
But Luck is the most important part right?even how Good your mind is but luck wasn't on your side still you will lose.
Nit like if you are lucky even you are not thinking yet the chance of winning is yours.
But that is best way to gamble,Be knowledgeable,wise and be lucky.

on gambling yes luck is important than on mind , mind can't help you win but if you have a good mind you can think if what is good to do on a certain situation  when gambling

 In real life you cant learn to be lucky but you can learn to have a good mind  . so many things you can do if you have a good mind  like You can choose a good gambling site or avoid the scam , etc...
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September 28, 2020, 09:58:37 PM
 #205

~
Why don't we use our minds and luck to have more chances of winning and not let lose of money due to gambling?

The combination of both mind and luck is a great weapon of a gambler to increase his chance to win. These two are acquired through great experiences. As we experience more gambling, our knowledge and strategy become more vast regarding it. The  best thing to do is to use that, do not ever lose control, stay focused.
But Luck is the most important part right?even how Good your mind is but luck wasn't on your side still you will lose.
Nit like if you are lucky even you are not thinking yet the chance of winning is yours.
But that is best way to gamble,Be knowledgeable,wise and be lucky.
Luck would really play the biggest part specially in gambling but it will depend on what kind of game you are into yet you would know that you would have better chances on games that
you had idea on whats its all about specially if we do talk about card games and sports betting.

I agree no more that there are instances on where you do make such good analysis and choices but still end up on losing and yes its always been part of the game.
As long the game isn't over the situation would turn-tables unexpectedly.

Knowledge is everything but with gambling, luck would always had the part for you to succeed.

R


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September 28, 2020, 11:07:14 PM
 #206

Knowledge is everything but with gambling, luck would always had the part for you to succeed.

5% luck, 95%, that's the right combination to succeed, I put a very little percentage on the luck since it's not really something we can consistently have, everyone has luck, and since sports betting is just betting against each other, other people can be lucky also but with knowledge you have the edge to win in the long run.

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September 29, 2020, 08:04:28 AM
 #207

Knowledge is everything but with gambling, luck would always had the part for you to succeed.

5% luck, 95%, that's the right combination to succeed, I put a very little percentage on the luck since it's not really something we can consistently have, everyone has luck, and since sports betting is just betting against each other, other people can be lucky also but with knowledge you have the edge to win in the long run.

In sports gambling, research is one of the most effective ways on how you can increase your chance of winning. Basically, try to know the practice habits of the players, which team has its players with the most effort exerting in order to win the next games. And also consider the teams which are more passionate to the game than the other. But that will not be the only thing we should consider. When we are watching live sports game and we've betted, we can help for our team to succeed by cheering them and letting them know that we trust them. It is a boost to their fighting spirit to win the game, purely not based on luck.
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September 29, 2020, 08:56:19 AM
 #208

Knowledge is everything but with gambling, luck would always had the part for you to succeed.

5% luck, 95%, that's the right combination to succeed, I put a very little percentage on the luck since it's not really something we can consistently have, everyone has luck, and since sports betting is just betting against each other, other people can be lucky also but with knowledge you have the edge to win in the long run.

5% luck sounds a bit low to me. It might vary on the type of sports like single or team based sports. But for me I would say its more like 20% luck and 80% skill. Maybe I am doing not enough research but I keep noticing that bets with very low payouts keep failing me. The risk is very low and I still end up losing. If I could go down to 5% luck only I would probably quit my job and go full time into sports betting.
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September 29, 2020, 11:33:50 AM
 #209

Knowledge is everything but with gambling, luck would always had the part for you to succeed.

5% luck, 95%, that's the right combination to succeed, I put a very little percentage on the luck since it's not really something we can consistently have, everyone has luck, and since sports betting is just betting against each other, other people can be lucky also but with knowledge you have the edge to win in the long run.
Yup that will be good. That means we need to have more information about the match to increase our chance to win. Although we still need luck, with much information about the match, we might be able to have won. But that is not always guaranteed because sometimes the weak team can change situations and turn the situations to win. Having valid information helps us to analyze the match, so that will be our key to win.

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September 29, 2020, 12:50:33 PM
 #210

It is always good and fun to have a lot of knowledge. You can take advantage of it when betting on matches. The problem remains of course that you depend on the performance of a player or team, and based on statistics and probability calculations you will always lose in the long run, because the house always has an advantage. I think it is especially important to have discipline and to keep using it.
Knowledge is power. But in this case it is not knowledge at all instead it is doubts or confusion. No one could actually say that knowing everything but will result to confusions. Confusions is already there and one must know how to get the information and process it to become useful to something you wanted to do or decide. In betting confusion is always happen because you have your bet to the side which has higher advantage or to side that you love to win but had disadvantage. It sometimes happen a gambler bet on the other side of team or player of sports but his love to win is on the other team or player of the match.
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September 29, 2020, 12:51:04 PM
 #211

Knowledge is everything but with gambling, luck would always had the part for you to succeed.

5% luck, 95%, that's the right combination to succeed, I put a very little percentage on the luck since it's not really something we can consistently have, everyone has luck, and since sports betting is just betting against each other, other people can be lucky also but with knowledge you have the edge to win in the long run.
Yup that will be good. That means we need to have more information about the match to increase our chance to win. Although we still need luck, with much information about the match, we might be able to have won. But that is not always guaranteed because sometimes the weak team can change situations and turn the situations to win. Having valid information helps us to analyze the match, so that will be our key to win.
well your statement is very correct because some sports matches show that at the beginning they have been running well and can lead the match but when one of the teams makes a few mistakes and eventually the whole match goes awry and in the end their team loses, so even though it's like that the team must remain careful when taking steps.

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September 29, 2020, 01:07:41 PM
 #212

I think the thing that matters is the point at which you cause an informed wager you to feel a smidgen more sure that you will win the wager and your expectations are higher. At the point when you wager aimlessly you don't expect anything and your expectations are not so high. I think an excess of information is the point at which you remain the entire day perusing various papers, examinations and thoughts regarding a specific occasion. Indeed, even with adequate information in sports anything can occur inside a game. As stated, in the event that you have been wagering for a long tot, experience will instruct you even without surveying a ton of data to make your wager. We can likewise pick up information with experience, not simply by exploring so I figure it won't be that mind-boggling.


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September 29, 2020, 02:26:48 PM
 #213

I think the thing that matters is the point at which you cause an informed wager you to feel a smidgen more sure that you will win the wager and your expectations are higher. At the point when you wager aimlessly you don't expect anything and your expectations are not so high. I think an excess of information is the point at which you remain the entire day perusing various papers, examinations and thoughts regarding a specific occasion. Indeed, even with adequate information in sports anything can occur inside a game. As stated, in the event that you have been wagering for a long tot, experience will instruct you even without surveying a ton of data to make your wager. We can likewise pick up information with experience, not simply by exploring so I figure it won't be that mind-boggling.
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September 29, 2020, 02:49:40 PM
 #214

I guess personal research is very important for sports betting as a Gambler.  Some past match need to experience to get more understand about the present match to get a good profit.
It's good to know the team player very well because some players can misbehave on the day of Match and it can cause some to loss their on such bet.
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September 29, 2020, 07:04:10 PM
 #215

Huh
But that is if you just want to pass the time and enjoy your bet, there's no need to seriously think which bet will have high probability of winning. But for most sports bettors, the more they know the game, the team, the persons involved, the higher is their chance to pick a good bet. But for others who is just an occasional bettor, just select what your instincts is telling you, no need to overthink about it. But let's admit it, even if we are not so serious with our bet, we are hoping that we will win after the game.
Even if you begin your sport gambling journey as someone that bets to have some fun and nothing more most people have a natural desire to win and if you happen to lose many times in a row you are going to be mad about this outcome and then try to remedy it, this simple change in your posture means that you are no longer gambling to get some fun now you want to win and it is at this time when you will begin to look for information to try to improve the accuracy of your bets, something that we know is not easy at all.
It's normal to be mad, we are just humans but what's important is we are able to control our emotion and that's what we should do if we are taking sports betting seriously. The money we risk is important, therefore we should treat it seriously and all we aim is to win, being emotional would destroy proper thinking, so let's set aside our emotion if we are in a journey.

Some people even have a good bankroll, maybe those who are just playing for fun have not tried it yet.

What I'm talking as big is a bankroll that would last longer using a fix percentage per bet only, not that you lose then replenish, not that way.
And that is my point, even if you are not a professional looking to make a living out of sport betting we will want to win and that is fine but we need to do this in a way that does not put all our capital at risk and one of the best ways to do this is to make use of money management skills that can curb by a significant margin the amount of money you lose in sports betting making your chances of becoming a long term winner higher than it would be possible otherwise.

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September 29, 2020, 07:49:09 PM
 #216

I guess personal research is very important for sports betting as a Gambler.  Some past match need to experience to get more understand about the present match to get a good profit.
It's good to know the team player very well because some players can misbehave on the day of Match and it can cause some to loss their on such bet.
A good analysis will produce something good too. So far I haven't done a lot of analysis on the team that I will be seeding on every bet I make as that in the end will raise doubt. I prefer to choose a team that I truly believe to be the winner and that is much better without even doing any analysis. I don't bet on all team because that's not my gambling behavior and so far I've only bet on 2-3 team that I truly believe in the EPL and Laliga.

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September 29, 2020, 09:41:58 PM
 #217

I guess personal research is very important for sports betting as a Gambler.  Some past match need to experience to get more understand about the present match to get a good profit.
It's good to know the team player very well because some players can misbehave on the day of Match and it can cause some to loss their on such bet.
A good analysis will produce something good too. So far I haven't done a lot of analysis on the team that I will be seeding on every bet I make as that in the end will raise doubt. I prefer to choose a team that I truly believe to be the winner and that is much better without even doing any analysis. I don't bet on all team because that's not my gambling behavior and so far I've only bet on 2-3 team that I truly believe in the EPL and Laliga.
Not making some analysis? Then how you do make basis out of those bets? and of course seeing their stats or potential winning chance does already signify that you are already making out some analysis
thats why i totally disagree that you arent making any basis regarding into your bets because if we do deal with sports bet then its just normal for us to stick out on whose team is a better one by just looking out
the numbers then analysis would comes next.You cant just blindly choose up a team without even knowing their current standing or performance because it would really be just considered to be a blind
selection or totally considered random.Betting on several teams isnt really that need to avoid, as long you do know on what you're doing.

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September 29, 2020, 10:48:06 PM
 #218

Being knowledgeable about a certain game you wish to play will give you an edge to last longer in the game and better have a chance of wining for the knowledge you do have will enable you to formulate strategies so that you do not get easily busted from the games you play. Gambling games are not typically always into pure luck because if you are ignorant in the game, luck will not be there to save you up for you might get easily fooled and get empty handed winning nothing because you are playing on high risks not knowing the game itself. Pure gamble with a high risk is putting your money into stake of no winning at all.



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September 30, 2020, 08:29:29 AM
 #219

Knowledge is everything but with gambling, luck would always had the part for you to succeed.

5% luck, 95%, that's the right combination to succeed, I put a very little percentage on the luck since it's not really something we can consistently have, everyone has luck, and since sports betting is just betting against each other, other people can be lucky also but with knowledge you have the edge to win in the long run.



Ofcourse. I don't know how reliable your 5%/95% is, but I agree that knowledge is important. A bettor who depends on luck could be defeated by very experienced/knowledgeable and skilled bettor. And such experience bettor would likely win consistently and be profitable if he/she bet mostly with bettors who depend on luck in skill-based games/competitions
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September 30, 2020, 08:38:53 AM
 #220

Knowledge is everything but with gambling, luck would always had the part for you to succeed.

5% luck, 95%, that's the right combination to succeed, I put a very little percentage on the luck since it's not really something we can consistently have, everyone has luck, and since sports betting is just betting against each other, other people can be lucky also but with knowledge you have the edge to win in the long run.



Ofcourse. I don't know how reliable your 5%/95% is, but I agree that knowledge is important.
No one can measure luck so that's just an estimate IMO and it's just his own opinion, as for me, I don't even count luck .  Grin

A bettor who depends on luck could be defeated by very experienced/knowledgeable and skilled bettor. And such experience bettor would likely win consistently and be profitable if he/she bet mostly with bettors who depend on luck in skill-based games/competitions


There's no consistency for a better who solely depends on luck, it's not possible to succeed or even survive in the long run.
You trust luck then you are only good to go with gambling for fun, real talk.

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