How Many Bets to Know How Good Enough You Are?

[stomachgrowls]

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?

Sustaining yourself and getting above 50% would be your best shot and you can consider yourself to be on the good side even if we do say about HE could be felt but if you are trying to catch up with those good odd
then it would really be able to patch up. It would be that impossible that you wont really be that able to find out whether you are positive or not but just like on what rest of people been saying on here that
as long you do enjoy then this is whats the important thing on the way you do bet. Be systematic and be that strategic then have that good self control when it comes to risk involve with betting
then you would be that just fine. How many bets you would be needing for you to find out if you are doing that well? 20-30 Bets should suffice but if you arent that satisfied then you could
be choosing 100 or thousands bets or more. It will be matter into your own choice and preference.

[maydna]

This is a bit difficult to answer because I usually don't have a certain limit on when I can feel satisfied with gambling. After all, it depends on my mood. If I only gamble for a while, and that's enough for me, I'll probably stop and leave the casino for a few days. I usually play slots, so perhaps I'm not too fixated on how much I have to spend every time I play slots. Perhaps only 30 minutes is enough to play one slot game and immediately stop. But sometimes I can spend longer. But what is clear is that I still try to limit myself by not gambling excessively, and that is the amount of money I can afford to use for gambling. For sports betting, I only bet if I know the team that will play, and after placing a bet, I will leave it for a while and come back to see the temporary results. And if it turns out that I can get a profit that exceeds the amount of the bet I placed, I will cash out.

[Casdinyard]

I don't burden myself with stuff like these but if I were to be asked, the safest answer I could give is at least after 100 games, spread out equally in at least 3 months of play.

For me, it's just the right amount of games for someone to find out what their baseline win-to-lose ratio is, as well as to determine what type of betting technique works best for them if anything. And it's just the right amount of games that I think would put you in the "devoted gamblers" bracket without really setting off alarms for gambling addiction or anything.

Honestly speaking, burdening yourself with finding out what your win rate is will just cause you to look for ways to amp it up even more, which might cause you to even become addicted to gambling when you're following a strict gambling regiment. So as much as possible, just gamble for gambling and entertainment's sake, be technical yes, but don't worry about trivial details like these.

[Hispo]

I believe I would go with a pretty conservative figure before realizing my own capabilities. Assuming I am new at sport betting I think I would go for 100 bets as a sample. If I managed to get a 60% of profit/correct predictions in those bets I would consider myself to be good enough. If I instead got something like 50% or less, I would need to improve sustancially if I ever want to score big in sportbetting.
Finally, if in those 100 bets I get 30% or less, then I would not continue to bet for a long time, and I would dedicate part of my time to watch matches and educate myself on those sports.

Losing money is not funny, regardless one is doing the betting for fun or for money...

[Yatsan]

No such thing. Gambling is gambling and there's no such thing as "pro" here unless you would be playing in a tournament otherwise you are just a gambler yourself. Having a winrate won't be absolute. Try tracking your gains and losses to see whether you are a profitable gambler or not; these are the only categories. Certainty is lacking in gambling. You could win most of the time in some days but there will always be times wherein you'd lose for days or weeks or even longer. You could bet as many times as you want but for sure only our winnings would tell whether we are good or not. You could lose a thousand time but once you hit the jackpot, you could get back what you have lost but that would only show how much is your progress for a long period of time.

[Fivestar4everMVP]

I have never bothered to find out what my percentage of winning is when it comes to betting, and this is because, personally, I myself know that I have more losses than winning.

But when it comes to copying bets from other gamblers, possibly pro bettors, what I do look at is the number of total bets ever placed, which must be over a million and more, then, the winning ratio must be around 75 to 80 percent, I always consider finding gamblers with the same number of bets and a winning ratio of 85 to 90 percent and above a blessing, because, such stats is very hard to find, except the stats is manipulated.

But for me, over a million bets and a win ratio of 75 to 80 percent is a true pro.

[topbitcoin]

I really can't remember how many times I've done sports betting. Because for me it is quite troublesome and will only remind me of a big loss that I have experienced.
And I think without having to count the number of times we bet, we can easily guess that this activity is indeed quite detrimental financially, because the acquisition of losing is more than the acquisition of winning. And this happens almost to most people who do betting. And as long as we can accept the defeat, for me this is not something that should be disputed.

For me, sports betting is just an activity to add essence and sensation when we see a sports match, so that the match becomes more interesting to watch so I bet on the match. Which is where our euphoria in watching the match becomes more increased.

[cabron]

You are good enough if you know your sports and you can only expect your bets will win.
Since every bettor is just not able to manipulate results all we can do is exit the bet or watch lose our money. I haven't really seen anyone share their winning rate but even if they do have a high rate, not anyone including me will actually copy-bet this bettor because of his stats.

Some bettors even if they lose their money, they are pretty much confident in banking on themselves to cast their own bets.

[dothebeats]

A consistent win rate (50-55% and up), together with a positive profit is, IMO, a very good indicator of how good you are in sports betting. To get this data, I'd say it's best to track your bets and keep it on a spreadsheet somewhere with formulas auto calculating your win/lose ratio together with your profits. I've done this on the start of the year and so far, I'm at 57.3% win/lose ratio with 103% profit. Just doubled my initial bankroll of $1000 last week and I'm nowhere near as good as other bettors out here that doubles their money in just a few games.

[Sunderland]

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?

I wonder what do you mean with "go on pro betting"? raising the bet amount or?

Well, lets say you have place 500 bets and all of them are won= 100%.
Yes you are pro with the previous 500 games/bets, and you might have a good future with the sports betting but still we dont know what will happen next.
As gambler, we know that there is a good days and bad days when we gamble. Sometimes we win and sometimes we lose.

Also, Quality is better than Quantity - the tension, the suspense is different when you place bet 10$ or $1000 on a single match and it will influence your decision/pick.
The statistic of your previous bets will not influence the future result, your experience does.

[redsun114]

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 depends on how you start and how you learn and improve. Some gamblers might start with a boom, winning every bet at the initial stage but then start going downhill after a point, whereas some might have a sloppy start, losing more bets than winning in the first few matches like the first 20, but then they might start improving and winning bets more often than before which will start increasing their winning percentage after a certain amount of bets if they stay consistent.

However, I think 500 bets should be enough for a person to evaluate how good or bad they are at it because it shouldn't take you 500 bets to just learn and still not be able to understand if you can do it properly or not. You should be able to have a general idea about how you are doing after 500 bets, in my opinion.

[Dr.Bitcoin_Strange]

Well, in gambling, don't think that there is anything like professionalism in terms of winning bets. Although some experienced gamblers tend to build for themselves some simple strategies that prevent them from losing more often in the gambling space, that doesn't guarantee them a win in any game they have staked; it could still turn out to be a loss. For me, I don't usually measure how good I am because of my wins; I go with the flow and get happier when I win more than my losses. I think if one has to keep measuring how they have won or lost, they might end up feeling disappointed when they think they should have won and they end up losing.

[nara1892]

Well, in gambling, don't think that there is anything like professionalism in terms of winning bets. Although some experienced gamblers tend to build for themselves some simple strategies that prevent them from losing more often in the gambling space, that doesn't guarantee them a win in any game they have staked; it could still turn out to be a loss. For me, I don't usually measure how good I am because of my wins; I go with the flow and get happier when I win more than my losses. I think if one has to keep measuring how they have won or lost, they might end up feeling disappointed when they think they should have won and they end up losing.

Exactly, basically whether you are a beginner or a professional, the casino won't care about that and don't let you think because you are a professional then you will be a little luckier than some other gamblers especially beginners, of course there is absolutely no difference between the two. I have proven that where I am a fairly active gambler but not too much because it's just for fun but on the other hand there is one of my friends who can be said to be a beginner, he has just plunged into gambling but has been able to get a sizable jackpot which honestly as long as I gamble I have never gotten such a big result, and with that I think it can be a reason that whether you are a professional or a beginner there will still be no difference between luck or the intention is still if you are lucky then you will win and if not then you lose, that's simple.

But the difference may be in terms of methods and precautions, where professional gamblers have more experience and they already know what they should do when facing certain conditions. Yes that's right, measuring better results in gambling can make them put greater expectations, instead of paying attention to many things for prevention but instead focus on finding ways to win and that means more experiments they will do.

[Peanutswar]

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?

People keep testing themselves until their luck comes with them some of their stories succeed and they take home a large amount of money and some of them don't due to excessive hope that they will earn more those winnings they've lost their money instead. Actually, this will depend on the player something winning 50% or above is not just enough so they will keep testing and chasing until where they can try to get profit. To play gambling as a pro its a must to have a good amount of money that you won't regret to lose because it's part of the game if you want to get a large amount you must need to risk a large amount too.

[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?

People keep testing themselves until their luck comes with them some of their stories succeed and they take home a large amount of money and some of them don't due to excessive hope that they will earn more those winnings they've lost their money instead. Actually, this will depend on the player something winning 50% or above is not just enough so they will keep testing and chasing until where they can try to get profit. To play gambling as a pro its a must to have a good amount of money that you won't regret to lose because it's part of the game if you want to get a large amount you must need to risk a large amount too.

On the time that you would be chasing up your losses then this is the time that you will be that desperate and this is something that must be avoided. How many bets needed for you to see if you are doing good enough? It would be entirely be that depending on how you would be able to see with those stats or numbers. Whether it would be enough for 10 bets or 20 or 100 bets, it would be according into your own method. Some might be making some test bets but this one will really be costly specially if we do speak about 100 bets before you could tell that you are
doing just fine.

The most important thing when making some sports bet is that you should really know on the team/players that you are betting on. Dont mind much
about winning rate or what as long you are that enjoying and at the same time you are not making use of borrowed funds then you should
be just that fine. 10 games should suffice but if you arent contented then its up to you if you will be continuing.

[BitcoinTurk]

In order to be sure that you have good enough in gambling, my personal opinion is to have placed over 500 bets with a success rate of at least 60-70%. Although reaching a high number as a percentage is important in this case, I think this ratio should be high with as high a number of bets as possible because when we compare someone with a 90% winning rate with 10 bets and someone with a 70% winning rate with 1,000 bets, there is no doubt that we can say that the second person is more experienced and successful.

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.

Yes, it is actually possible to state that it is sufficient if a person doubles or more than doubles his/her money but as I mentioned above the total number of bets placed is also very important in order to make a general comment and ensure continued good enough.

Additionally, let's say a person places three different bets with odds of 1.10 as in the scenario you mentioned. In this case, if 100 units of money are used for each bet there will be a bet amount of 300 units. If two bets are successful and one is unsuccessful this person will have 220 units of money and will have made a loss instead of making a profit. Moreover, when a success rate is calculated after reviewing the person's bets there will be a loss of 80 units that is approximately 25% of the capital with a correct betting rate of 66.66%.

[KTChampions]

I have never bothered to find out what my percentage of winning is when it comes to betting, and this is because, personally, I myself know that I have more losses than winning.

But when it comes to copying bets from other gamblers, possibly pro bettors, what I do look at is the number of total bets ever placed, which must be over a million and more, then, the winning ratio must be around 75 to 80 percent, I always consider finding gamblers with the same number of bets and a winning ratio of 85 to 90 percent and above a blessing, because, such stats is very hard to find, except the stats is manipulated.

But for me, over a million bets and a win ratio of 75 to 80 percent is a true pro.

Do these statistics reflect the odds with which the bets were made? If not, then these statistics are useless and can only confuse those who do not know the nuances. If you want to achieve similar statistics, then place bets with odds up to 1.1 and you will easily get this result. The problem is that the deposit will still be in the red.

[paxmao]

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?

Well, I think that you would need more bets depending of the game. So you wanna play chess, you can probably bet 20 times by playing and you will pretty much know where you are. In poker, 1000 bets is a good playing day, so you will need many many more to see what is your real level, which is also a moving target, since you are supposed to improve with time.

[passwordnow]

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?

IMHo, there's no actual measurement or metric on how good we are and how many bets we need to determine that. What measurement for me is the tenure of yours being a gambler. That will determine of how good you are IMO because the longer you have been a gambler and how much you've made will determine what you really are.

So, if you've got a lot of achievements for all of the years that you have been gambling then that can be said that you've been a profitable gambler and that's so good of you.

But if you have been a gambler for a very long time and you don't even manage to make some profitable bets then that only says that you're not as good as what you're thinking.

[qwertyup23]

This depends upon several factors but the most common indicator to know that you should stop is when you have reached your budget for the day.

If you are the type of person who allocates a certain budget for gambling, then once you reach that threshold, then that is the sign for you to stop. However, if you do not have a designated budget since you gamble whenever you feel like to, then a good indicator is when you have realized that you have lost/won more than enough.

Again, this is a case-to-case basis scenario and this can depend on multiple factors. But having a designated budget is a good practice for a person to manage their expenses since this gives them their "reality check" when they gamble.