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Author Topic: Important Points to Learn from Your Worst Sports Betting Losses!  (Read 466 times)
harapan
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June 25, 2023, 10:19:59 PM
 #61

Accept responsibility for your losses: It is critical to accept responsibility for your betting losses. Blaming outside influences or luck will keep you from learning key lessons and enhancing your future betting strategy.
Sometimes it's not actually your fault. I mean, imagine betting on the bigger team to win and they lost. This is a team that is not only the bigger team, but they are better and in a better form than their opponent, yet they  still lost. What can you do about that? How could you have known? In some instance in football (soccer), these superior teams can't even score a single goal during the whole match.

Disciplined betting: Maintaining a profitable betting strategy necessitates discipline. Even if you are feeling losses or emotions, stick to your set plans and avoid making premature selections.

This is something I learnt at my early stage of gambling and I'm very glad I did. Sometimes I might disobey my rule in the name of taking risk and it always ends badly for me Grin

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June 25, 2023, 10:33:34 PM
 #62

if you will keep yourself at bay when it comes to gambling, you won't get into trouble.
From the losses that I have made in sports betting, the biggest points I have learnt is that every gambler should not only depend on copy betting, that is copying games from other sports bettors without knowing exactly why you are betting on a particular team to win.

Knowing who to tail and what games to tail is also key to getting a lot more value out of your bets. There are some successful tipsters out there that are worth the follow and the tail, you just have to look for them. Also, only copy bets on sports that you really know, so you could assess whether that pick was made with much thought and analysis and not just some random bullshit that the other bettor gave you just for you to not bug him again for picks.

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June 25, 2023, 10:40:14 PM
 #63

This is to me is very much like when financially investing, or trading stocks/options etc. The biggest lesson of all, is to not repeat your past mistakes and by studying where things wrong, you give yourself a big advantage to not be there again.

To me though, my biggest lesson ever learned was stop betting on stuff you’re not good at. Like I stopped betting Major League Baseball and soccer because I didn’t know shit about how to bet either game. Sticking with NFL football and NBA , where I know the games better and how to bet them more so, has really paid off.

Nice list here.

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June 25, 2023, 10:48:51 PM
 #64

Well one of the greatest lessons I've learnt so far from my loses are that I should never chase after my losses and even without the forum, I've  learnt this very one in a very hard way.  Another thing to consider is ones specialty  and just as ChiBitCTy has already mentioned that repeating ones mistakes especially  if is intentional is one big error and one way to over come this, is to analyze our losses and also trying to figure out where the error truly is and also correcting it to avoid  future occurrences.

And I've also learnt to stop betting on matches um.nkt really good at like the boxing and its likes and that why I've also sticked to soccer betting to enable me accept my losses.
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June 25, 2023, 11:24:37 PM
 #65

Prioritize quality over quantity: Rather than placing a large number of bets, focus on discovering high-quality betting opportunities. Conduct comprehensive research, analyze statistics, and place bets that have a better probability of winning.
I really do not understand this point, because in my opinion, a quality bet is if we can win it, so even if we only have one bet with careful research but if in the end it is a loss then it is still not a qualified bet, while if we have a lot of bets of course with a careful study will open up the chances of earning a profit, but in sports betting there is no certainty of winning, even though we have carefully analyzed, and maybe also betting on a favorite team or athlete even with small odds the chance of losing remains and is difficult to avoid, so the good thing is to stay on the budget and use the money we can afford to lose, because in gambling between winning and losing the chances are 50-50. And I think that's the most important thing I learned from sports betting.

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June 25, 2023, 11:42:10 PM
 #66

of the options you have listed this seems to be for professional gamblers. and for ordinary gamblers like me, it really doesn't need to be this complicated, but just betting responsibly and having a commitment with the bankroll you have.
I mean as long as we gamble using money that we can afford to lose with a small budget and always commit to a minimum bet amount, this will prevent us from big losses in gambling. unless gamblers only think about profits and maybe the options written by OP are very good to apply to betting strategies.
That's right, for gamblers like us, I especially don't need to be that complicated, because I personally gamble with what I'm prepared to lose. I don't chase victory because for me it is a bonus from the pleasure I feel when playing gambling. I don't deny that I also want to win and all gamblers will also be very happy when they win, especially in large numbers.
Until now I have only done self-control so that I stop when I have lost what I am ready to lose, and when I win I will also stop when I feel that I have enough, and also I use money that I don't use for anything, or I have budgeted it for gambling, and I have met all needs, including saving or investing.

if you will keep yourself at bay when it comes to gambling, you won't get into trouble. like if you only bet on sports that you are very familiar of and that means, you only place bet if you are rooting for the team or on a specific athlete. and you know your limits when it comes to bankroll. so you won't have any problem even if you lose because that money is considered lost when you start using them for your bets.
of course, you want to win as much as possible. but if you lost the game, and you are using your extra funds, your life won't be a mess, unlike when you use a loaned money, right?
You wont really be putting yourself into trouble if you are really just that mindful when it comes to gambling risks or something that you should need to avoid or something that you need to do so that you wouldnt be able

to experience those common gambling problems that most people been able to face on. Whether you are dealing with sports betting or those casino games on which we know that gambling is really just that for entertainment.Spending money isnt really that bad as long you are really that in control with your finances specially with gambling. Allocate on something which you can afford to lose and dont go beyond those
limits so that you wouldn't really be finding yourself at huge trouble.

Sports betting losses? This is usually happens when underdogs beat up the highly favorite one or on the time that you do make out some all in betting.

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June 25, 2023, 11:51:31 PM
 #67

I don't brood inside after losing a bet, and it's true that I sometimes comment on which bet didn't go well, but no way do I check what went wrong after the game I lost, that's because when a person starts to think a lot in mistakes and losses, the person starts to brood and feel guilty for having chosen that losing team instead of having chosen that team that won the game, then the depression scenario begins, and when you are depressed, the person starts to feel make a lot of mistakes and depression starts to reach worrying levels and unfortunately no one realizes the seriousness of it, the person continues playing

the person develops depression and paranoia, after the games he sees the mistakes he made and tries to correct them, but he loses again, he does not accept that gambling are not for profit, but fun and that those losses are something normal that happens with all people, the person's money ends up in gambling, until one day the person can't stand so much pressure and dies. It seems like something meaningless what I'm talking about, but it's not. after a game ends in defeat it is better for the person to forget about it and focus on analyzing another game and not feel guilty. look at the game as fun

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June 26, 2023, 12:57:30 AM
 #68

Bettors can react to their defeat in a variety of moods, which in my opinion depends on the amount they bet. Usually people who bet are highly emotional when their favorite team plays and places bets beyond their means.

If it's a small bet, the fact is that people won't evaluate it much, especially regarding financial and emotional management. They don't really have to learn anything new from the loss.

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June 26, 2023, 03:51:03 AM
 #69

Bettors can react to their defeat in a variety of moods, which in my opinion depends on the amount they bet. Usually people who bet are highly emotional when their favorite team plays and places bets beyond their means.

Well, speaking of sports betting, they shouldn't go highly emotional. If they are serious about it, it should all be part of an overall plan, and that's what I think the OP's advice is aimed at. A winning sports bettor can have a losing session or several losing sessions and then they should analyse whether they have done things right. If he has done well, he should stick to the plan as is and not let the losses affect him emotionally. The bad news is that when losing streaks get longer, this is easier said than done.

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Rabata
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June 26, 2023, 04:47:33 AM
 #70

In gambling it is important to know a few things. One of them is researching the causes of loss and the other is bankroll management. Gambler should research why a bet was lost. Many people conduct gambling without doing enough research and getting hurt. Besides, another thing is that winning in gambling depends on luck, so only those who can survive in the market for a long time can hope to get something good in gambling. Gamblers who can manage their bankroll properly will be able to gamble for a long time.

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Yamifoud
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June 26, 2023, 06:10:09 AM
 #71

Do choose the team that has bigger odds as they are likely to win. Though sometimes it fails but most of the time, they win.
Honestly, we have a bigger chance to win in sports betting as it never relies on luck but on choosing the team. But many gamblers still lose because we can't deny the fact that gambling isn't everything on our hands and we are not the ones who dictate the results. But of course, winning our bet come as long as we are not in a hurry. Most of the time we double our bets as we are chasing back our losses and desperate enough to win, in the end, we lose more.

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June 26, 2023, 06:35:50 AM
 #72

for me in sports betting for example ongoing football.. we have to be careful in choosing which favorite team we think we can win.. and in betting we must be prepared to accept losses or gains.. because we must be prepared to lose what money we bet big or small we have to be ready to accept the risks.. the most important thing is we have to be able to control our finances in gambling.. because in my opinion very few people benefit. sports betting
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June 26, 2023, 06:57:13 AM
 #73

Well one of the greatest lessons I've learnt so far from my loses are that I should never chase after my losses and even without the forum, I've  learnt this very one in a very hard way.  Another thing to consider is ones specialty  and just as ChiBitCTy has already mentioned that repeating ones mistakes especially  if is intentional is one big error and one way to over come this, is to analyze our losses and also trying to figure out where the error truly is and also correcting it to avoid  future occurrences.

And I've also learnt to stop betting on matches um.nkt really good at like the boxing and its likes and that why I've also sticked to soccer betting to enable me accept my losses.

Some guiding principles will make one's gambling life stress-free and fun-filled. Betting what you can afford to lose is important because you will not have a bad loss. We should learn to gamble with fewer funds so that gambling will not be a burden to us. Seeing gambling as a major source of income is another mistake gamblers make. This will make them face financial problems because gambling will automatically become an investment medium. The gambling sector is too risky to be considered a source of income, so we need to see it as an occasional source of income. Avoid chasing losses is very important because you cannot predict the outcome of the games so no one is sure of the next stake. Having a gambling plan and a budget and following it, will always be my watchword.

R


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June 26, 2023, 07:23:11 AM
 #74

Bankroll management strategy: Proper bankroll management is critical for long-term gaming success. Set up a separate budget for betting and make staking limits, such as restricting bets to a certain percentage of your total bankroll.


This is the most important factor for me when it comes to gambling, it doesn't matter if place bets on sports or play games in a casino. Having a strong bankroll management is the key to longterm success and we all should be focusing on it more often. During a losing streak we need to account for the change in our bankroll, the more money we lose the lower our future bets are going to be as we should be focusing on similar percentage size bets. This will protect us from chasing our losses and trying to recover our previous losses with increasing our bets. I noticed this is a lot in my earlier gambling days when I increased my bets a lot in an effort to recover, which in most cases didn't work and only lead to bigger losses. It's not only important to focus on our bankroll management when we are losing bets, but also when we are winning and making money. Having a strict strategy in place for our money helps to secure our winnings. For me the best is to take a fraction of any bigger winnings and withdraw that money, so I don't face the risk of losing it too quickly again.
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June 26, 2023, 10:34:57 AM
 #75

of the options you have listed this seems to be for professional gamblers. and for ordinary gamblers like me, it really doesn't need to be this complicated, but just betting responsibly and having a commitment with the bankroll you have.
I mean as long as we gamble using money that we can afford to lose with a small budget and always commit to a minimum bet amount, this will prevent us from big losses in gambling. unless gamblers only think about profits and maybe the options written by OP are very good to apply to betting strategies.
That's right, for gamblers like us, I especially don't need to be that complicated, because I personally gamble with what I'm prepared to lose. I don't chase victory because for me it is a bonus from the pleasure I feel when playing gambling. I don't deny that I also want to win and all gamblers will also be very happy when they win, especially in large numbers.
Until now I have only done self-control so that I stop when I have lost what I am ready to lose, and when I win I will also stop when I feel that I have enough, and also I use money that I don't use for anything, or I have budgeted it for gambling, and I have met all needs, including saving or investing.

if you will keep yourself at bay when it comes to gambling, you won't get into trouble. like if you only bet on sports that you are very familiar of and that means, you only place bet if you are rooting for the team or on a specific athlete. and you know your limits when it comes to bankroll. so you won't have any problem even if you lose because that money is considered lost when you start using them for your bets.
of course, you want to win as much as possible. but if you lost the game, and you are using your extra funds, your life won't be a mess, unlike when you use a loaned money, right?
Using borrowed money for gambling is not very wise at all, borrowing only for the necessities of life is actually something that must be avoided when we are still able to make ends meet even though we have to be limited, moreover, borrowing for gambling I would say that is a very stupid thing to do.
We know that when gambling, the percentage of losses will be greater than wins, so don't be stupid in gambling with borrowed money.


Bettors can react to their defeat in a variety of moods, which in my opinion depends on the amount they bet. Usually people who bet are highly emotional when their favorite team plays and places bets beyond their means.

If it's a small bet, the fact is that people won't evaluate it much, especially regarding financial and emotional management. They don't really have to learn anything new from the loss.
Yes you are right, I also feel that way when I place more bets than what I can afford. We will definitely do it with the aim of winning and wishing our luck big at the same time. But when we lose, we will be very sorry for having done it. Things like this must be avoided, because this will react to emotions and regrets which when we can't control it, we will think even bolder to encourage us to continue making deposits to return losses.

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June 26, 2023, 11:24:32 AM
 #76

for me in sports betting for example ongoing football.. we have to be careful in choosing which favorite team we think we can win.. and in betting we must be prepared to accept losses or gains.. because we must be prepared to lose what money we bet big or small we have to be ready to accept the risks.. the most important thing is we have to be able to control our finances in gambling.. because in my opinion very few people benefit. sports betting
All bets, whether on ongoing or previous sports matches, certainly have a risk, no gambling is without risk, everything certainly has a risk, therefore it is important to manage our expenses in gambling bets, whether betting with small or large money bets, everything returns to faith. those of us who have gone through research and analysis, don't be careless about seeing tempting odds in sports matches.

The best way to gamble is that we know when to gamble and when to stop gambling, because gambling doesn't always win every time, so make sure to find the right time to gamble because not only gambling is betting on sports, even casinos are the same. the most important thing is to gamble with money we can afford to lose.

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June 26, 2023, 12:22:24 PM
 #77

if you will keep yourself at bay when it comes to gambling, you won't get into trouble.
Keeping yourself at bay means maintaining discipline. A disciplined gambler will barely get into trouble because of the disciplined behaviour in gambling. An undisciplined gambler will most likely spend on gambling recklessly without control even if they have other  responsibilities with money.

From the losses that I have made in sports betting, the biggest points I have learnt is that every gambler should not only depend on copy betting, that is copying games from other sports bettors without knowing exactly why you are betting on a particular team to win.

Most of the gambling platforms I've used understand that players sometimes reach a point where they need to take control of their gambling habits. To address this, these platforms offer the option to temporarily deactivate an account, allowing individuals to take a break and organize their lives, especially for those who may have lost their way due to excessive gambling. Regardless of how much one earns or how successful gambling may be, it is important to take a break to clear the mind, give the brain a break from constant thinking, and regain the ability to make sound betting decisions. For instance, I personally took a break from gambling and will only resume once the Premier League and other domestic leagues recommence.

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June 26, 2023, 12:31:41 PM
 #78

I will start by saying that you should not afford taking a risk of what you cannot cope with the conditions attached to it especially when it comes to gambling funds, dont borrow money to gamble, dont rush into gamble, dont compare yourself with other gamblers, try to learn gambling on your own and don't be so dependent and the most important aspect of it all is for you not to get addicted to gambling by any chance.

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June 26, 2023, 06:22:36 PM
 #79

I don't brood inside after losing a bet, and it's true that I sometimes comment on which bet didn't go well, but no way do I check what went wrong after the game I lost, that's because when a person starts to think a lot in mistakes and losses, the person starts to brood and feel guilty for having chosen that losing team instead of having chosen that team that won the game, then the depression scenario begins, and when you are depressed, the person starts to feel make a lot of mistakes and depression starts to reach worrying levels and unfortunately no one realizes the seriousness of it, the person continues playing

the person develops depression and paranoia, after the games he sees the mistakes he made and tries to correct them, but he loses again, he does not accept that gambling are not for profit, but fun and that those losses are something normal that happens with all people, the person's money ends up in gambling, until one day the person can't stand so much pressure and dies. It seems like something meaningless what I'm talking about, but it's not. after a game ends in defeat it is better for the person to forget about it and focus on analyzing another game and not feel guilty. look at the game as fun
The cycle of losses, introspection, guilt, and reiteration is a destructive journey, typically unnoticed until it spirals into catastrophic proportions. When recreational activities evolve into obligations or coping tools for guilt or depression, it indicates the transition from enjoyment to addiction. Your counsel to treat gambling as amusement rather than an income source is shrewd, yet challenging to apply amidst habitual gambling

Additionally, your perspective of forgetting past losses and focusing on fresh games is pragmatic, but strenuous for habitual gamblers. The implicit risk stems from the subtle augmentation of bets to cover old losses, often leading to further losses, both financially and emotionally.

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June 26, 2023, 09:56:43 PM
 #80

Nothing much to be learnt from the sports betting activities, because we're doing it based on the information we've gathered and not on some luck.

  • Never look for the big odds, go with the one based on the information.
  • Have alternate plans to execute, so that loss can be minimised while the match is in progress.
  • Don't be greedy with matches that are in favour of you, while you've chosen the underdog.
  • Cashout the winning when you're on the best position and chosen the underdog.
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