How Many Bets to Know How Good Enough You Are?

[michellee]

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.

[Blitzboy]

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?

[Outhue]

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.

[Solosanz]

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

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.

[Weawant]

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.

[Bitinity]

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?

[slapper]

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?

[Finestream]

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

[danherbias07]

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.

[AicecreaME]

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.

[Yamifoud]

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.

[Natsuu]

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.

[Promocodeudo]

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.

[Juse14]

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.

[Gozie51]

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.

[Oilacris]

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.

[Wapfika]

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.

[nara1892]

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.

[irhact]

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.

[mindrust]

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?