Betting Strategies & Betting Psychology

[qwertyup23]

You can find the extensive lists of Betting Strategies & Betting Psychology here: https://sportstatist.com/betting-strategies/

As you know, some players prefer to bet following certain betting strategies. At the same time, some players use their own betting strategies, and some do not even know about their existence, or do not believe in their effectiveness. In short, this topic is intended to discuss betting strategies and the psychology of betting as well...

I think this has something to do or associated with superstitious beliefs where people would follow a certain technique or mantra that will help them ease their anxiety.

While that may be the case, there are some betting strategies that have been used over the years. Personally, I practiced using the Martingale system of betting in order to recover quickly my losses. The only downside is, I have to prepare a huge amount of capital every time I bet since my betting fees grow exponentially every time I lose.

[ralle14]

You can find the extensive lists of Betting Strategies & Betting Psychology here: https://sportstatist.com/betting-strategies/

Thanks for sharing the list, i've read a couple of strategies that caught my attention like the teasers but it's unfortunate that most crypto sportsbooks still don't have that option so I don't think i'll be able to use that strategy anytime soon. Also the other strategies on the list were fun to read as i've used them at one point and made me remember my past betting experience.  

[sportbettor]

You can find the extensive lists of Betting Strategies & Betting Psychology here: https://sportstatist.com/betting-strategies/

Thanks for sharing the list, i've read a couple of strategies that caught my attention like the teasers but it's unfortunate that most crypto sportsbooks still don't have that option so I don't think i'll be able to use that strategy anytime soon. Also the other strategies on the list were fun to read as i've used them at one point and made me remember my past betting experience.  

As far as my own opinion on the use of betting strategies, I believe that they can mostly only help mitigate potential losses if used correctly, nothing more. Therefore, I strongly recommend everyone to use them with great care, as there is not really a single 100% winning strategy.

[pieppiep]

All the lists on the page provided by @OP are articles that people can read. But I'm not sure if it will work according to the situation and circumstances because I think when the situation changes, we have to be able to adapt too. But at least it can help people who want to learn more about sports betting but better have their own strategies that can suit them.

[Slow death]

over this short period of time that i am in sports betting i have realized that even if the person uses so many strategies at the end of the day the person will come out with losses, unless of course they are very lucky to win a lot of money at once and then just keep making bets with little money, that being said I mean that I do the following:

1 - I don't bet on a single game even when odds are 1.50 or 2.00

2 - I just bet a very small amount even when I lose I keep the same small amount of bet

3 - I prefer to place multi bets with odds above 4.00 because this is the only way to become profitable in the long run, of course making a multi bet has more risks

[mindrust]

You can find the extensive lists of Betting Strategies & Betting Psychology here: https://sportstatist.com/betting-strategies/

As you know, some players prefer to bet following certain betting strategies. At the same time, some players use their own betting strategies, and some do not even know about their existence, or do not believe in their effectiveness. In short, this topic is intended to discuss betting strategies and the psychology of betting as well...

Strategies are pointless in luck based games. Martingale, reverse martingale or any other complex algorithms/sequences do work but not for you. They work for the casino because there is that thing called house edge and the house edge makes it sure that you lose if you play more and any of these strategies make you play more.

As far as the psychology goes, you should only know when to leave the table and never ever double down on our losses. (that's called martingale)

[fullhdpixel]

I think that despite sport betting involving also skills beside luck there is still luck there,one example is the number of times the favorite team may not win and may hit the bar once or twice during the game,that is called bad luck and luck is absolutely the king in every single way of betting being it sport betting,slot machines or poker games.

The title of this thread says it greatly,Betting Psychology,meaning that those numbers are only there to make us feel good when we are placing the bet and also during the time that we are waiting for the outcome of a soccer match we have high hopes that the bet is going to be won by us because of those numbers.

It won't be called gambling if it purely relies on skill but that can be called a job already because the pay is guaranteed once the task is done. So yeah, sports betting needs some luck because good players cant always perform better at all times and what if accidents happen in the field? This can affect their gameplay which can cause them to lose so you will lose your bets as well.

The weather, the audience, etc are also a factor. Match fixing can also ruin your better experience but I think this is intentional and not really a cause of bad luck. Gambling involves psychology but I think this one can be easily bypassed only to not feel bad whatever the results we are getting.

[Viscore]

Sorry to say this that if I should read that book (the articles on the link) that is included in the OP before I should start to bet, that means I will never bet in my life time. I think I do not have to be like I am going on an educational journey like schooling before betting.

But I will like to know about expected value. I checked this while I clicked on the link: How much should you risk per bet?

To win in sports betting you need a betting strategy with a positive expected value, i.e. an estimation of your average winnings per bet. But how much capital should you risk per bet to achieve maximum profits? For this, you need to understand the concept of utility. Read on to find out all about it.

Expected value, a concept first explored by French mathematicians Pascal and Fermat in the 17th century when trying to solve the problem of a game of points, shows us how much we can expect to win, on average, from a bet. It doesn’t, however, have very much to say about how much capital a bettor should risk on their bet. Here is where expected utility comes into play.

I think we should able to manage our risks when it comes to gambling rather than reading multiple online articles on gambling psychology and strategies to use which can drastically reduce the way we gamble to zero. Gambling is more of risk than what we are looking to make from it which I think we should be able to handle ourselves.

Even without using a betting strategy especially in sport betting, we can sti make good profits and earn more than those than are relying on a particular strategy to gamble and make winnings. I do prefer betting in a way that suit my interest than forcing myself to dance to a particular strategy that may choke my earnings later.

Being knowledgeable about betting and gambling is not just enough, you need to develops skills and strategies too particularly in sports betting. But honestly, in most cases, if you are not lucky, you will make less profits in gambling. Even in sports betting, luck is still essential as gambling is more on chance and luck, the reason why some gamblers still often lose their money no matter how good they are in betting.

[sunsilk]

It's a consolidation of different strategies, good compilation I should say. I like that it has different articles about betting psychology too. Well, I haven't read most of them but the topics are interesting to me.

All the lists on the page provided by @OP are articles that people can read. But I'm not sure if it will work according to the situation and circumstances because I think when the situation changes, we have to be able to adapt too. But at least it can help people who want to learn more about sports betting but better have their own strategies that can suit them.

It could work for some but we know that not every strategy works best for everybody. So, if there's some of the strategies that could work for some then they should try it out.

But if it's not working, better not to push it and be hard on it unless you want to face the consequence of it.

[uneng]

Strategies work in our psychological giving us hopes in vain we can beat the house and profit through them. Strategies improve a gambler's self-confidence, excitement and desire for playing, because somehow they work like a shield which makes the gambler believe he is protected and immune against the risks of gambling, especially the so feared long loss streak.

On the other hand, we can't give up on strategies when gambling. They are an important aspect of every responsible and successful players, because without strategies you play without rules and end losing more money than you can afford to lose. The point is that a gambler has to balance the strategy he is going to adopt, without escaping from the harsh reality that even though you are strategical you are still exposed to risks in gambling.

[Fundamentals Of]

This is particularly important to serious bettors, those who are betting all the time and those who are betting with big amounts. It is really important to strictly observe proven and tested betting strategies and betting psychology if they want to go into betting full time. But for those of us who are only betting every once in a while and wager only small amounts, those who are betting exclusively for fun, there's really no need to get into tiny details of betting strategies.

[noormcs5]

This is particularly important to serious bettors, those who are betting all the time and those who are betting with big amounts. It is really important to strictly observe proven and tested betting strategies and betting psychology if they want to go into betting full time. But for those of us who are only betting every once in a while and wager only small amounts, those who are betting exclusively for fun, there's really no need to get into tiny details of betting strategies.

No betting strategies can make you win because we bet on matches and we cannot be certain about the outcome of the match. Yes, betting strategies can be for money management as to how much risk should we take in each bet and how to control the risk in case of loss and all such stuff.
Betting psychology also helps to avoid emotional decisions and to remain calm during wins and losses. Don't get too disappointed on losses and also do not be overconfident on winnings.

[Strongkored]

In short, this topic is intended to discuss betting strategies and the psychology of betting as well...

I didn't read the article you included but surely there are many strategies that every bettor uses, for example, bettors who only place bets on the most favorite team or athlete in the tournament every time they will compete, indeed the odds of betting on the favorite team/athlete will be small but the chance to win the bet is bigger, or also bettors who use statistics and H2H to choose their bets.
However, whatever strategy is used, it will not always work as expected, sometimes the strategy used will be wrong, but if the strategy used is often wrong, it will be better to learn and change it to a new one.

[ethereumhunter]

Being knowledgeable about betting and gambling is not just enough, you need to develops skills and strategies too particularly in sports betting. But honestly, in most cases, if you are not lucky, you will make less profits in gambling. Even in sports betting, luck is still essential as gambling is more on chance and luck, the reason why some gamblers still often lose their money no matter how good they are in betting.

That's for sure because having enough knowledge will help us know what we can choose and which team has a higher winning potential than its opponent. But indeed, winning in gambling is still related to luck so we must also think about it and not rely too much on strategy because if the situation on the field changes, the strategy will not be successful. In addition, whatever bet you make, you have to be ready with the result because there are only two results you can get: winning or losing.

[AicecreaME]

Sorry to say this that if I should read that book (the articles on the link) that is included in the OP before I should start to bet, that means I will never bet in my life time. I think I do not have to be like I am going on an educational journey like schooling before betting.

But I will like to know about expected value. I checked this while I clicked on the link: How much should you risk per bet?

To win in sports betting you need a betting strategy with a positive expected value, i.e. an estimation of your average winnings per bet. But how much capital should you risk per bet to achieve maximum profits? For this, you need to understand the concept of utility. Read on to find out all about it.

Expected value, a concept first explored by French mathematicians Pascal and Fermat in the 17th century when trying to solve the problem of a game of points, shows us how much we can expect to win, on average, from a bet. It doesn’t, however, have very much to say about how much capital a bettor should risk on their bet. Here is where expected utility comes into play.

I think we should able to manage our risks when it comes to gambling rather than reading multiple online articles on gambling psychology and strategies to use which can drastically reduce the way we gamble to zero. Gambling is more of risk than what we are looking to make from it which I think we should be able to handle ourselves.

Even without using a betting strategy especially in sport betting, we can sti make good profits and earn more than those than are relying on a particular strategy to gamble and make winnings. I do prefer betting in a way that suit my interest than forcing myself to dance to a particular strategy that may choke my earnings later.

It would do no harm if we'll read some articles regarding gambling psychology or gambling strategy. After all, psychology really plays a role in a gambler's life. It explains the way how a gambler place bet and how consecutively they bet. This reveals gambling style and explains why a person has that kind of thinking and method when it comes to playing. Although despite claiming that reading brings no harm, of course, we must still know to fact-check so that we won't absorb false information and knowledge that may lead us to the wrong directions.

Risk management should be done every time if someone do not want to go bankrupt and lost in his gambling journey. If someone do not know how to determine a risk, then he is in trouble. Because gambling possesses so many risks and if someone do not know how to minimize it or let alone distinguish one, then he might fall in web of chaotic situations. Learning and knowing several gambling and betting styles aside from what you are used to could be of great help in playing. So, it's not really bad to discover new things once in a while.

[davis196]

Some people are playing lottery games by using the same numbers over and over again. This is something like a strategy(a pretty simple strategy). Other lottery players are using different number combinations and different numbers, which are somehow related to their lives(birthdates of their relatives for example). Those lottery strategies don't increase their chances of winning the jackpot at all, but they give them a cense of control, of having a plan and a purpose. The same thing applies to gambling games. The betting strategies have a delusional placebo effect and nothing else. Sports betting is different than dice/slots games or the lotteries, but many people play sports betting the same way. Maybe I should call them "low IQ gamblers" if it doesn't sound too offending.

[Kakmakr]

I have to say, I am not a professional Sport bettor, but I certainly learnt a lot about Sport betting from this article. It is a lot of information to take in.. and it might be challenging for people with no math background, but it can still help you.. even if you failed it.

There are a lot of science behind the calculations being done to be successful and even if you master that, you will still not be successful, because the casino will limit your account or they will simply close it. 

[_act_]

I have to say, I am not a professional Sport bettor, but I certainly learnt a lot about Sport betting from this article. It is a lot of information to take in.. and it might be challenging for people with no math background, but it can still help you.. even if you failed it.

It is not compulsory to know the professional mathematics before you will bet, people do not have to learn so much before betting and making some profit. Betting guild can be very simple and educational.

There are a lot of science behind the calculations being done to be successful and even if you master that, you will still not be successful, because the casino will limit your account or they will simply close it. 

If you keep to the terms and conditions of a reputable casino, they can not close your account. But it is very possible that a casino can limit the amount the person can bet with, this has not happened to me before, but I have heard of cases like this. 

[Cookdata]

This is particularly important to serious bettors, those who are betting all the time and those who are betting with big amounts. It is really important to strictly observe proven and tested betting strategies and betting psychology if they want to go into betting full time. But for those of us who are only betting every once in a while and wager only small amounts, those who are betting exclusively for fun, there's really no need to get into tiny details of betting strategies.

Either way, both the player who is playing for fun and the one playing with bigger amounts will yield result in every outcome, no player will reject a winning ticket, so basically having some strategies in the pocket is not a bad idea but the problems with strategies is that they are theoretical. Most often than not, gambling involves thinking about how to make moves usually filled with emotions. It will surprise you even as a player that you will not remember all the strategies you have learned to handle some situations, the only thing that does help out sometimes are instincts and the mind.

[rhomelmabini]

I think just focusing on few strategies is best for a gambler, this article has too much of a strategy and psychology but for sure if one focus on few things that will be enough for sure useful in the present or future use. The psychology is something worth to read I guess since we will learn more about the thing that's tricky to most gamblers.