Making too many picks reduces chances of winning.

[bittraffic]

This should be obvious, very often on the altcoin board I see newbies thinking about investing in dozens of coins, and I wonder how do they plan to keep track of so many coins? Since a portfolio application is not enough, they need to keep themselves updated about everything that happens around all of those coins, and their lack of experience does not help either, so I know they are going to fail before they invest into any of those coins, and it is natural that the same principle applies to sport bets as well.

Well, people who invest in multiple cryptocurrencies are gambling with their money and aren't making sane and thought-through decisions, because when you make investments after doing enough research, you won't be able to do that in bulk but you will barely be able to choose 4 to 5 coins to invest in. Similarly, when it comes to sports betting, someone who bets on multiple games at once is making random bets without even knowing anything about the teams and their gameplay.

Such people often tend to lose money unless they turn out to be extremely lucky and all their random picks play out in their favour which doesn't happen all the time. This is the reason why it's important for someone to make limited bets and only on teams and matches that they know something about.

4-5 altcoins are just too few for someone who is very sure that a bull run will make him rich.

Just like a parlay still. The more you add to your multibet slip the more you lose your chance to win. The only that can make yourself dreaming though is that the amount that you'd ever win will be outstanding. But when you only add at least just 3 on your multibet slip you may win a good amount. I would prefer adding just a few and the max will be 5.

[danherbias07]

Tell this to the football fans, almost all of them love doing this, the higher the numbers of pick they have the higher their rewards, this is what all of them think about, nothing else, as if they are certain about winning.

I have only seen a brother who choose one match or two and risk money on it, mind you he always have better results than those greedy gamblers that likes packing up to eight or even ten matches at once, they have this stupid idea of making million in one go.

Almost all football gamblers that I know do this and they never have good ending, not even once, there is always a loss out of all the matches that spoil everything for them, it's not good to be greedy in gambling, definitely not the right place to use greediness.

That's like betting on the national lotto. The chances are way too low, especially in football games where there is a chance that the game will result in a draw. I mean, it's better if there are just two options where at least you will have a 50 percent chance unlike having three options which decreases the percentage of winning. Truly, I have seen a lot of football fans who do long parlays and I think it's a waste of money. Well, there's still another chance for them if they can catch the cash-out option while the next game is not starting yet.
I mean, I've done that before but only in a tennis game. I saw my chance to gain x50 and I didn't even think twice about pressing that cash-out button because for me, that's already a win and I don't need to pursue the next games because I don't really have any idea about it. I just made that long parlay for fun which I think was successful.
Lots of single bets though might have a better chance but like OP said, it diminishes the analyzation focus on the next games as we tend to not care too much about it, unlike the first bet.

[maydna]

~snip~

On the other hand, it is also true as you say that we cannot continue to depend on other people's predictions by just hoping "hopefully this time you win" without knowing what underlies your victory, and by having our own understanding and skills, it will make it easier for us to make decisions that we think  are really right, because the fact is that usually there will always be differences in choosing something, or I mean that everyone has their own beliefs and beliefs in choosing and that means that not necessarily the underlying things that are made a reference by people who provide or share predictions will match our opinions and beliefs..

So I think for this problem back again to each person, if indeed they do not mind to start learning from a beginner until they can have a pretty good understanding and skills like the professionals have by passing a long time then go ahead. So go ahead, because all your decisions are in your own hands and you will also feel the benefits when one day you manage to prove that the results of your learning are not in vain by being able to produce more wins..

That is why we must be able to have analytical skills so that we will not depend on other people and can directly analyze the match. When we can improve our ability to analyze matches, we will have more choices for placing bets because we already have better analytical skills. And even though we can still look for predictions from other people, this is all to support the analysis techniques we use to know the basis for other people's predictions. Besides that, we also have sources of information that we can use to add the data we need. We can continue to learn more because analytical skills will never stop and will continue to develop according to the circumstances that occur.

If people want to learn to analyze, they will have good skills in analyzing matches, and they can immediately place bets without waiting for predictions from other people. But people who are still waiting for predictions from other people will continue to do so without wanting to learn to analyze. They will never be able to analyze the match forever because it will waste their time, even though that is not the case. Studying analysis now and continuing to hone it will allow this ability to develop well, which will benefit us in the future because we will have much better analytical skills.

~snip~

The challenge in gambling is not about having the ability to analyze or having no difficulty placing multiple bets or not placing a bet because we do not feel confident in our predictions but the question is after analyzing, reading articles and sports news and avoiding games we are not sure of, are we going to win? most of the time we still do not win. It is not a matter of preparing yourself for loss because we will always lose. Of course, you can have a winning streak but one big loss can throw you off balance. In my thinking, it is not about winning a bet and thinking you got the strategy it is about profiting in the long run.

I have gambled for so many years and I will say spending time reading the history of teams and checking H2H record and positions in the league, doesn`t guarantee winning it just wastes your time and in the end, you will be tricked by your mind that you were so close to winning and the next day you continue analyzing and wasting your time for something that will be determined by luck. Most people who won big didn`t devote time to analyzing and checking so many details. Luck fell for them and they won. There is nothing I haven`t tried yet I cannot be regarded as a successful gambler. I have subjected myself even to rollover for one month with a 1.20 odds. I still couldn`t hit the target.

People can place multiple bets if they want, but they have to be able to know what the risks are because it can cost them money in one go. But if they can place bets according to the amount of money they can afford, they can accept whatever happens, and if they lose, they can accept it well and will not try to recover their losses. If they are not confident to place a double bet, they do not need to try it because it is the gambler's choice and they do not need to follow what others do. They just need to place a bet according to what they can afford and leave it until the match ends. Or they can cash out their bets if they can see a temporary win from their bets.

The important thing is that we know how to analyze, and how we analyse will differ from other people, so there is no specific standard for analyzing a match. Moreover, we have different sources of information from other people, which will also determine whether we win or lose. By trying to analyze the match and continuing to hone this ability, we can improve our analytical skills so that we can have better analytical skills in the future. We also don't need to set targets too high if we are still learning to analyze and get just enough wins because later if our analytical skills are even better, we can get big wins.

[348Judah]

I will say this that it depends on how good we are and the kind of game we are gambling bets with, we play a single game and loose the bet, same way we can have our games in their numbers not because we want to win big, but we actually care about the choice in having their combinations altogether, that is why the reason for us to be gambling should first be defined under the condition of having fun, while having a multiple picks will show how accurate we could be in making selective combinations accurately.

[Sandra_hakeem]

Yes... making too many picks could reduce your Chances of winning in either of the tickets...but YES, making too many picks could also act like an added advantage/ a strategy... I don't care what you mean by
what's the Sense in picking 15 odds on a single ticket and wagering them all but refusing to wagering them 15 odds on different tickets as a SINGLE/COMBO?.. you're likely to have a win if the latter is what what you doing... I felt like you're supposed to known way too much to have said it's not advisable; always remember that those Professionals would only tell you what they want you to know.

Sandra 🧑‍🦰

[Makus]

I will say this that it depends on how good we are and the kind of game we are gambling bets with, we play a single game and loose the bet, same way we can have our games in their numbers not because we want to win big, but we actually care about the choice in having their combinations altogether, that is why the reason for us to be gambling should first be defined under the condition of having fun, while having a multiple picks will show how accurate we could be in making selective combinations accurately.

You can't depend on your personal knowledge when talking about gambling. Gambling is a full time luck game, and if lock is not on your side, you could even loss a single game  bet, but the making more selection reduces your chance of winning. This is where the aguement of the rich and poor gambler come to play, those who are termed to be rich make few selection while they increase their stake. But those who are termed to be poor would possibly make small stakes with enough selection.

[Mr.suevie]

I will say this that it depends on how good we are and the kind of game we are gambling bets with, we play a single game and loose the bet, same way we can have our games in their numbers not because we want to win big, but we actually care about the choice in having their combinations altogether, that is why the reason for us to be gambling should first be defined under the condition of having fun, while having a multiple picks will show how accurate we could be in making selective combinations accurately.

You can't depend on your personal knowledge when talking about gambling. Gambling is a full time luck game, and if lock is not on your side, you could even loss a single game  bet, but the making more selection reduces your chance of winning. This is where the aguement of the rich and poor gambler come to play, those who are termed to be rich make few selection while they increase their stake. But those who are termed to be poor would possibly make small stakes with enough selection.

I think the term you are looking for is "parlay" most low level gamblers tend to go with parlay  selection because it's make the possible returns a lot higher even when you stake with small amount but the only thing is that the risk is massive and most gambler know this but still cling to that small hope of theirs. When you are above average in terms of your wealth, playing single bet with lots of cash stake on it, is probably seen as a better chance at Winning it.

[Weawant]

I will say this that it depends on how good we are and the kind of game we are gambling bets with, we play a single game and loose the bet, same way we can have our games in their numbers not because we want to win big, but we actually care about the choice in having their combinations altogether, that is why the reason for us to be gambling should first be defined under the condition of having fun, while having a multiple picks will show how accurate we could be in making selective combinations accurately.

This is a very good point you have made and I can really agree with it because I know that a good knowledge and skill at the game we are gambling on will really have a lot to do with our Chance to win and to lose aswell so it's very important to even if we know that luck ASLO has it's role to play in our gambling activity.

Making multiple picks sometimes isn't just because we want to increase our odds and have big wins but sometime is a way of expressing our knowledge across all the league we ha e good knowledge about and this also have got some effect on how entertained one can get from gambling at that point. Gambling for entertainment Availa us a better condition to gamble unlike when we gamble solely to make money, we get more tensed when gambling for money and most times don't enjoy gambling but when gambling for entertainment we get to enjoy it better.

[Kliss]

This is one major factor, that affects a gambler chances of winning a bet. Definitely when you accumulate more games the chances of winning  the bet is very low compared to when you accumulate  just few games. This often occurs when a gambler stake on a bet, is very low so they try as much to accumulate more games to have huge winning amounts. It's better when you accumulate more games or odds split the games in various bet so that the accumulation will be few and your chances of winning will be high.

[kenshi222]

That's like betting on the national lotto. The chances are way too low, especially in football games where there is a chance that the game will result in a draw. I mean, it's better if there are just two options where at least you will have a 50 percent chance unlike having three options which decreases the percentage of winning. Truly, I have seen a lot of football fans who do long parlays and I think it's a waste of money. Well, there's still another chance for them if they can catch the cash-out option while the next game is not starting yet.

We can’t sure all the game was end with draw,it was possible option.But we can’t say it was the only result for the game,so the football also use as the mode for the betting in the gambling site.Every game had the equal opportunity of win and loss by the potential of the particular team.Only the experienced gamblers use the third option of draw in the betting on the football game.The more dedicated gambler will to find the output of the game.Because withdraw cash at the middle of the game is not real sportsmanship.

I mean, I've done that before but only in a tennis game. I saw my chance to gain x50 and I didn't even think twice about pressing that cash-out button because for me, that's already a win and I don't need to pursue the next games because I don't really have any idea about it. I just made that long parlay for fun which I think was successful.
Lots of single bets though might have a better chance but like OP said, it diminishes the analyzation focus on the next games as we tend to not care too much about it, unlike the first bet.

The sports betting alone give you the huge multiple in the single game like x50 of the staking money.The gamblers should take responsibility to learn the sports game and learn the player history before making their money into the game.Because the betting had only two result either multiple of the money by the good game or loss of full staked money in the betting.

[Russlenat]

I think the term you are looking for is "parlay" most low level gamblers tend to go with parlay  selection because it's make the possible returns a lot higher even when you stake with small amount but the only thing is that the risk is massive and most gambler know this but still cling to that small hope of theirs.

What exactly do you mean by "low level gamblers"?
Personally, I bet on parlay as well and I could also put a significant amount on single bets. Just to give an example using a figure, let's say I'll put $100 bet on a single game for the point spread, and then I could put $5 for a parlay bet. This kind of bet is quite fun for me, I know parlay does not have high chance but I'm getting some excitement with it especially if I'm seeing that the teams that are included in the ticket are winning, but if it lose, I'm okay as I'm more focus on the $100 bet.

When you are above average in terms of your wealth, playing single bet with lots of cash stake on it, is probably seen as a better chance at Winning it.

I'm just an average gambler, but I bet both on parlay and straight bets.

[South Park]

I will say this that it depends on how good we are and the kind of game we are gambling bets with, we play a single game and loose the bet, same way we can have our games in their numbers not because we want to win big, but we actually care about the choice in having their combinations altogether, that is why the reason for us to be gambling should first be defined under the condition of having fun, while having a multiple picks will show how accurate we could be in making selective combinations accurately.

Regardless if you are gambling for fun or you are doing so because you believe yourself capable of becoming profitable, it is undeniable that if you want to win it is better to concentrate yourself in just making fewer but solid bets instead of making lots of them, and this because if you were to have only a single hour to make an analysis of all the bets that you wanted to make, it is obvious you could dedicate more time to each one of them if their number was low, but if you wanted to make a lot of bets this will reduce significantly how much time you could dedicate to study each one of them.

[Dewi Aries]

I will say this that it depends on how good we are and the kind of game we are gambling bets with, we play a single game and loose the bet, same way we can have our games in their numbers not because we want to win big, but we actually care about the choice in having their combinations altogether, that is why the reason for us to be gambling should first be defined under the condition of having fun, while having a multiple picks will show how accurate we could be in making selective combinations accurately.

Regardless if you are gambling for fun or you are doing so because you believe yourself capable of becoming profitable, it is undeniable that if you want to win it is better to concentrate yourself in just making fewer but solid bets instead of making lots of them, and this because if you were to have only a single hour to make an analysis of all the bets that you wanted to make, it is obvious you could dedicate more time to each one of them if their number was low, but if you wanted to make a lot of bets this will reduce significantly how much time you could dedicate to study each one of them.

What you suggest is true and I agree with it but the unfortunate thing is that gamblers who have the intention and goal to "earn" it is very difficult for them to bet with small amounts, I understand that however this is the more recommended approach in gambling because for our own safety but something that gamblers who have the goal to earn they always overdo it because they have high confidence and expectations of winning so it is very possible for them to take options that they cannot actually be responsible for when they lose.

Another thing minimizing anything in the form of action on gambling is always recommended, whether it's in terms of the amount of budget or limiting the time to bet as you suggested, and that means whatever you want to do then try to make it the result of rational consideration, do not put hope on winning because our safety is much more important.

[serveria.com]

As gamblers, we love more action, so we tend to make more bets on a regular basis. However, experts say that when we make too many picks regularly, our chances of winning decrease. This is due to the fact that we won't be able to analyze all the games carefully that are in our ticket and won't have the advantage needed to win. So instead, it's recommended that we should value quality over quantity if we want to succeed in sports betting.

Share your opinion regarding this matter.


Edit : I see that some replies are talking about parlay. FYI, this is not about parlay, it's about making many single picks on a regular basis. Please avoid using parlay when sharing your opinion.

I don't think that the number of bets affects the winning/losing percentage (unless we're talking about combo bets of course). If I'll make, say, 5 bets on tennis or 1 bet on tennis, one bet on football and one on boxing, total number of bets will be lower in the second case but you'll have to be an expert in 3 different sports and your chances of winning will be lower imo. Combo bets is a whole different story, with every extra match your chances to win a bet is decreasing.

[Saint-loup]

That's not wrong, but if you have a betting strategy with clear defined criterias it won't change things since taking more picks or less won't change the accuracy and the overall efficiency of your bets. Spending too much time don't help you to be more confident in your choice usually. It's better to stick up with your own key indicators IMO.

[letteredhub]

4-5 altcoins are just too few for someone who is very sure that a bull run will make him rich.

Just like a parlay still. The more you add to your multibet slip the more you lose your chance to win. The only that can make yourself dreaming though is that the amount that you'd ever win will be outstanding. But when you only add at least just 3 on your multibet slip you may win a good amount. I would prefer adding just a few and the max will be 5.

Just 5 games ain't that bad as it's  cool to go with a good analysis than some of the gamblers'bet slips I see in which they accumulate plenty number of games that the bet slip be looking like a role call of names as a result of it's lengthiness. Something about those gamblers from when I knew them till date is that I haven't heard or seen them get a win at any time. It's been from one disappointing game to another but sadly they never learn due to the potential amount to be won under such long accumulated games but the possibility is just unimaginable.

[iBaba]

You can't depend on your personal knowledge when talking about gambling. Gambling is a full time luck game, and if lock is not on your side, you could even loss a single game  bet, but the making more selection reduces your chance of winning. This is where the aguement of the rich and poor gambler come to play, those who are termed to be rich make few selection while they increase their stake. But those who are termed to be poor would possibly make small stakes with enough selection.

Nevertheless I can still agree to the fact that knowledge is very important in gambling since that will help you to make the right decision most times. and it can become an Instinct for you to choose the right team that is winning the game against other. it is also through gambling the people are making money.

No longer a news that the gambling game is all about predictions and luck however due to familiarity with how some events play out maybe came more instrumental into making decisions that will be at the favor of the government and the economy of the State

[Weawant]

I will say this that it depends on how good we are and the kind of game we are gambling bets with, we play a single game and loose the bet, same way we can have our games in their numbers not because we want to win big, but we actually care about the choice in having their combinations altogether, that is why the reason for us to be gambling should first be defined under the condition of having fun, while having a multiple picks will show how accurate we could be in making selective combinations accurately.

It's very true that you can loose even with a single pick and also win even with multiple picks too so it's not even about the picks or number nof picks or even the odds but some times I will say it's just luck playing out because if you are lucky, even with multiple picks you can still win and same goes with single picks too.

Defining your reason for gambling as for fun so that you probably don't get impacted by the picks we make if they actually go wrong isn't a bad idea but then make sure you are not doing self decite where you know you are actually gambling because you hope to make money from your gambling activities, making it look like nits for fun Will only increase your pain when you loose because your self decit will now dawn on you but if genuinely you did for funthwn you will definitely not ha e any reason to grieve when you lose.

[Hirose UK]

That's not wrong, but if you have a betting strategy with clear defined criterias it won't change things since taking more picks or less won't change the accuracy

Is there anyone who guarantees that betting strategy with clear criteria will be able to provide victory, this is gambling so it is not easy to really get what is worth betting on with guarantee of winning.
The more bets, the higher the risk taken and the greater the chance of losing or losing in row, every gambler must consider all this and they must not do careless things that could be financially dangerous.
I myself have never taken more bets to increase my chances of winning, although there are many gamblers who do, especially in lottery betting.
If both take risks and have the chance to lose, I would prefer to use better strategy such as turning several multiple bets, this will increase the odd or amount of profit when winning but is proportional to the risk involved.
Spending more money by just betting carelessly will only make the gambler experience massive money losses.

[South Park]

That's not wrong, but if you have a betting strategy with clear defined criterias it won't change things since taking more picks or less won't change the accuracy

Is there anyone who guarantees that betting strategy with clear criteria will be able to provide victory, this is gambling so it is not easy to really get what is worth betting on with guarantee of winning.
The more bets, the higher the risk taken and the greater the chance of losing or losing in row, every gambler must consider all this and they must not do careless things that could be financially dangerous.
I myself have never taken more bets to increase my chances of winning, although there are many gamblers who do, especially in lottery betting.
If both take risks and have the chance to lose, I would prefer to use better strategy such as turning several multiple bets, this will increase the odd or amount of profit when winning but is proportional to the risk involved.
Spending more money by just betting carelessly will only make the gambler experience massive money losses.

Gamblers do this because they think that in order to win they need to take higher levels of risk, but what they do not seem to get is that the higher the risk the less chances they will win, so anyone out there that wants to win more often in gambling needs to take the matches with the least risk possible, does this guarantee a win? No, but at least it makes it easier for the gambler to then try to beat the casinos at their own games.