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Author Topic: Paper Betting- Would You Consider it if you Were to Start Sports betting Again  (Read 547 times)
Natsuu
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March 16, 2024, 12:37:16 PM
 #41

trying out paper betting first is like dipping your toes in the water before diving in. It's all about making picks without actually putting any money on the line. Kind of like practice runs in demo trading. It's a smart move to get the hang of things without risking your cash right away. By tracking your picks without the pressure of real money, you can learn the ropes and fine-tune your strategies. So yeah if I were starting over I'd definitely give paper betting a shot before jumping into the real action

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March 16, 2024, 12:40:30 PM
 #42

Gambler with ambition to be successful in the long run would try this. Writing in paper and see the results for a span of time is good, once you are convince, you can start with real money. However, the most challenging part is on how to be discipline with risking money since it's quite different when you are just writing on paper without a bet than betting with real money. It's more like the actual vs theory thing, but in order for you to follow your strategy, what's in the theory (on paper), that should be followed and maybe adjustments will be made along the way, but never loss your discipline in managing your funds.

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March 16, 2024, 01:08:32 PM
 #43

Would do it if you were to begin sports betting again or jump right straight into the real thing?

This depends on the situation of my finances.  If I have the money to bet on the sport then why should I use a demo and bet on paper that does not yeiled me anything?  I would only consider this strategy if I do not have the amount of money to bet on the game.

As far as I know in sportsbetting, the information, skills and knowledge acquired about the competing team will enhance the possibility of winning. So, if I already made the preparations and effort to analyze the possible outcome of the fight, it would be a waste of energy and time if I had the fund but I did not bet a real amount on it.

Demo is a good thing, it helps you get accustomed to the gambling patterns before going into the real thing and is essential for proper understanding and reduction of the complications people face while gamboling, especially when they're new to it. During my early days in gambling, there was nothing like a demo and I struggled terribly, lost  a lot of funds before getting accustomed to the offline gambling patterns, sometimes I was even a laughing stock among my peers when I ask for clarifications from them about betting patterns I'm yet to fully understand.

All these difficulties I experienced could be averted if I simply had a demo to work with properly before actually engaging in it. So I'll go for paper gambling before diving into the real thing.

But the thing is, sportsbetting does not have a pattern since the result is dependent on the performance of the players and the current moral/spirit of the team.  One simple change in-game strategy of the competing team can completely change the result, so I think there is no gambling pattern in sportsbetting.
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March 16, 2024, 05:56:39 PM
 #44

I'd do this even now with Excel. Heck, I'm doing this now with all of my bets and have been keeping score of everything for the past few months. It's actually a good thing to do even if you're already betting with real money. It makes you aware on where you stand regarding your bets and whether you're really making some money or not.

As for building experience, it's not a bad thing to do. Though of course, you're less motivated to be on your A-game when you do this since there's nothing at stake, just your stats on a piece of paper. Nevertheless, better waste time rather than waste both time and money.
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March 16, 2024, 07:07:50 PM
 #45

Gambler with ambition to be successful in the long run would try this. Writing in paper and see the results for a span of time is good, once you are convince, you can start with real money. However, the most challenging part is on how to be discipline with risking money since it's quite different when you are just writing on paper without a bet than betting with real money. It's more like the actual vs theory thing, but in order for you to follow your strategy, what's in the theory (on paper), that should be followed and maybe adjustments will be made along the way, but never loss your discipline in managing your funds.

Yes, if you can't be disciplined, then your desires and dissatisfaction will control you, so that learning on paper that previously worked will be in vain. Gambling will always involve making decisions for an uncertain matters, so it is necessary to build a strong psychological mindset because it will make it easier for gamblers to manage their emotions and get used to always being disciplined when making decisions, so that everything can work as planned. This still doesn't guarantee that everything will go as expected because in gambling the element of luck will always have a part but at least it can prevent us from making impulsive decisions.

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March 16, 2024, 07:25:43 PM
 #46

It is a good way to practice for the newbies and a good way to analyze your decision making skills. When you are doing this on paper try to write out the reasoning as to why you thought a specific event outcome to come or not come. That way when the event happens you can look back at where you went wrong or right.

I doubt someone's decision-making skills will improve in that way. There's no risk at all involved in paper betting.

The decision-making requires real factors to be improved: there should be risks, there should be pressure, and the bet should win no matter what.

It's easy to make a decision when there's no risk involved since losing that bet is just nothing at all.
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March 16, 2024, 08:56:48 PM
Last edit: March 17, 2024, 07:56:29 PM by Saint-loup
 #47

As paper trading it could be a good way to learn how things work. Only part of them through, but it's enough to understand and learn few important ones. It doesn't include the mindset part through which is very important because it's when you lose your mind that you can take very bad decision when you gamble. Paper trading doesn't learn to not gamble money you can't afford to lose for example while it's one of the most important thing in gambling to play safely.

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March 16, 2024, 09:01:58 PM
 #48

If you were to restart sports betting again, would consider learning first by betting on paper. This involves selecting 1 to 2 games daily and tracking the outcomes of your picks without wagering real money on a sportsbookie platform.
Quote
Paper betting refers to participating in sports gambling without fronting any money. The idea is to learn the ropes without actually risking real money.
https://www.bettingsite.org/blog/paper-sports-betting-what-is-it-what-are-the-advantages-11569/
It is just like demo trading. Would do it if you were to begin sports betting again or jump right straight into the real thing?
I don't see how this helps, and i don't think there is anything you need to learn about sports betting in itself, i.e. if you are a football fan and you know a thing or two about many football teams, you can make your predictions and stake real money on it. What ropes are you learning if you select games without wagering on them, the team you played to win today in demo mode can lose tomorrow when you actually put real money. Simply gamble with an amount you can afford to lose and stop to return later, when things are not going in your favor.

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March 16, 2024, 09:09:55 PM
 #49

If you were to restart sports betting again, would consider learning first by betting on paper. This involves selecting 1 to 2 games daily and tracking the outcomes of your picks without wagering real money on a sportsbookie platform.
Quote
Paper betting refers to participating in sports gambling without fronting any money. The idea is to learn the ropes without actually risking real money.
https://www.bettingsite.org/blog/paper-sports-betting-what-is-it-what-are-the-advantages-11569/
It is just like demo trading. Would do it if you were to begin sports betting again or jump right straight into the real thing?
Jump into real thing and just like with any demo whether on trading/gambling or whatsoever. There's no fun on making up those actions without having making use of real funds or money.
You would really be taking things seriously if you are really that making use of real funds because if you are really that having those kind of paper betting just for the sake of trying out to monitor
whether you are really that doing well or not then it wont really be accurate.Why? you wont really be that serious on making up bets or something that you would really be doing the actual
thing since you do know that you cant be able to lose up something which is unlike when you do make use of real funds on which you would really be serious on taking up
such actions or decisions since we are talking about real funds on here.

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March 16, 2024, 09:23:35 PM
 #50

If you were to restart sports betting again, would consider learning first by betting on paper. This involves selecting 1 to 2 games daily and tracking the outcomes of your picks without wagering real money on a sportsbookie platform.
Quote
Paper betting refers to participating in sports gambling without fronting any money. The idea is to learn the ropes without actually risking real money.
https://www.bettingsite.org/blog/paper-sports-betting-what-is-it-what-are-the-advantages-11569/
It is just like demo trading. Would do it if you were to begin sports betting again or jump right straight into the real thing?
Jump into real thing and just like with any demo whether on trading/gambling or whatsoever. There's no fun on making up those actions without having making use of real funds or money.
You would really be taking things seriously if you are really that making use of real funds because if you are really that having those kind of paper betting just for the sake of trying out to monitor
whether you are really that doing well or not then it wont really be accurate.Why? you wont really be that serious on making up bets or something that you would really be doing the actual
thing since you do know that you cant be able to lose up something which is unlike when you do make use of real funds on which you would really be serious on taking up
such actions or decisions since we are talking about real funds on here.

Agree 100%

But if you are someone who doesnt really like to lose up money directly and just want to be sure that you do find yourself that being prepared then its not bad to have
those kind of backtesting just like on what you are doing in trading. Making yourself familiar with something that you dont know and tending up to learn.
Yes, there's nothing bad with that as long you do make yourself that been aware of things.

Somehow on the points you've been said above that there's no fun nor seriousness on the things you are dealing with because you do know
that there's nothing you can lose or simply risk free. So there's really that main difference.

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March 16, 2024, 09:35:20 PM
 #51

If you were to restart sports betting again, would consider learning first by betting on paper. This involves selecting 1 to 2 games daily and tracking the outcomes of your picks without wagering real money on a sportsbookie platform.
Quote
Paper betting refers to participating in sports gambling without fronting any money. The idea is to learn the ropes without actually risking real money.
https://www.bettingsite.org/blog/paper-sports-betting-what-is-it-what-are-the-advantages-11569/
It is just like demo trading. Would do it if you were to begin sports betting again or jump right straight into the real thing?
Betting on paper is crazy today, why should you bet on paper when you can make a virtual ticket online, just don't place a bet, make a snapshot of it and that's all, your virtual ticket that also looks beautiful, is ready.
I think that betting is not as risky activity as trading. It's nothing to bet $1 on your ticket and move on according to your strategy. I wouldn't feel stressed either if I lose $1. I think that method is only for old-fashioned people who still visit bookmakers in real life to make a bet.

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March 16, 2024, 09:38:17 PM
 #52

If you were to restart sports betting again, would consider learning first by betting on paper. This involves selecting 1 to 2 games daily and tracking the outcomes of your picks without wagering real money on a sportsbookie platform.
Quote
Paper betting refers to participating in sports gambling without fronting any money. The idea is to learn the ropes without actually risking real money.
https://www.bettingsite.org/blog/paper-sports-betting-what-is-it-what-are-the-advantages-11569/
It is just like demo trading. Would do it if you were to begin sports betting again or jump right straight into the real thing?
Learning before engaging in real gambling is good to avoid costly mistakes. I never engaged in paper bets because I was not aware of it but I was fortunate to learn how to place bets from my friends. This type of demo gambling would have been very helpful to me because my learning process would have been fast and easy. Paper betting has become outdated but demo games are in vogue currently. Some online casinos have sections for demo bets and I would encourage every newbie to engage in them. New gamblers shouldn't be in a haste to go into real gambling because a single mistake can make them lose money because of lack of knowledge. These demo games are available for us to make and correct our mistakes.

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March 16, 2024, 09:46:43 PM
 #53

As paper trading it could be a good way to learn how things work. Only part of them through, but it's enough to understand and learn few important ones. It doesn't include the mindset part through.
This could be a good preparation for the real gambling activities and you can have a good idea about how the betting works so when you’re ready for the real thing at least you will know what to expect. Betting is not an easy activities and bears a big risk as well, good preparation and good knowledge is advisable.

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March 16, 2024, 09:52:01 PM
 #54

If you were to restart sports betting again, would consider learning first by betting on paper. This involves selecting 1 to 2 games daily and tracking the outcomes of your picks without wagering real money on a sportsbookie platform.
Quote
Paper betting refers to participating in sports gambling without fronting any money. The idea is to learn the ropes without actually risking real money.
https://www.bettingsite.org/blog/paper-sports-betting-what-is-it-what-are-the-advantages-11569/
It is just like demo trading. Would do it if you were to begin sports betting again or jump right straight into the real thing?
I guess it could work but what's the point?

Personally, I get a rush of adrenaline whenever I play or wager my money on betting, that's primarily the reason why I bet in the first place. I live for the nervousness and anticipation that gambling brings and betting without using real money just takes the fun out of the game in my opinion. I mean in some cases and for some people, it could work well especially those who are trying to recover off of their bad gambling habits, as this allows them to still be able to enjoy gambling without having to spend money in the process, but for the rest of us who are gambling as responsible as we can and are literally just gambling because we want to take the edge off sometimes, this is not going to work.

I guess it's just another case of to each his own since again, this wouldn't really work for me, but even if it was there's just no reason for you to do so in my opinion. If you're having bad gambling problems gambling more wouldn't solve it, even if you take the money portion out of the equation.

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March 17, 2024, 07:13:23 AM
 #55

If you were to restart sports betting again, would consider learning first by betting on paper. This involves selecting 1 to 2 games daily and tracking the outcomes of your picks without wagering real money on a sportsbookie platform.
Carrying around pieces of paper from betting slips can be tiring and fill up someone's pocket or purse unnecessarily. Many bettors who started sport betting in places where it is paper used like in physical shops did so because there was not the option of online betting available to them then. Betting online is what paper betting has developed into, any gambler who still will want to paper slips from betting is very old fashioned and not easy to accept change.

It's still an old methods of betting that is accepted in my country. A lot of betting stores still have our slips as papers after you had placed your bets. I really don't think it can ever be outdated in some countries even with that advance of online sport betting. Well, yes it's most times feels annoying as your pocket gets filled with lots of papers slips you get from betting events. But still, you have to make sure you keep them well till your games score are out.
Similar to demo trading, I think online betting is more advance for of sport betting as you are exposed to more ideas and better ways plays you bets. And there forms of gambling activities that might not be opened to you on your local betting shops.

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Crypt0Gore
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March 17, 2024, 09:51:21 AM
 #56

If you were to restart sports betting again, would consider learning first by betting on paper. This involves selecting 1 to 2 games daily and tracking the outcomes of your picks without wagering real money on a sportsbookie platform.
Quote
Paper betting refers to participating in sports gambling without fronting any money. The idea is to learn the ropes without actually risking real money.
https://www.bettingsite.org/blog/paper-sports-betting-what-is-it-what-are-the-advantages-11569/
It is just like demo trading. Would do it if you were to begin sports betting again or jump right straight into the real thing?
This is not a bad idea, it's close to opening a demo account and practicing trading online, very close, if a beginner wants to see and feel how gambling works they can use this process instead of risking some money, this should even be better than demo online accounts, because demo isnt the real thing but this idea is based on a real event and real result, without risking any money.

The only concern I have is that this won't stop a beginner from turning into an addict, if you don't risk any money and your first set of games comes out right, you will dream about using money, and you can even blame yourself for not risking money in the first place.

Beginners should learn protection when they are planning to start gambling first, not after they have ruckus up their brain or after they have become addicted to gambling, learn how to protect yourself, and do not be fooled by what you can make from gambling, it doesn't always work like that.

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March 17, 2024, 08:35:56 PM
 #57

It is an alternative to which those who do not have experience and would like more than to earn money to be entertained should go, in my case I would not do it, I can assume at sports betting losses without problems.
Those who want to be entertained should be the older folks. The younger folks lack the patience to just want to be entertained without making money.

Nothing is bad for those who are going to start with paper betting, but this could be just for education purposes.
Yes, educational purposes it is because since no real emotions would be involved the risk of getting "addicted" will be decreased right?. Well, but I think any education can be gotten from reading articles and joining gambling communities to mix with folks of similar interest.

Carrying around pieces of paper from betting slips can be tiring and fill up someone's pocket or purse unnecessarily.
No, this is not how it works. The person do not have to go around pieces of paper from betting slip. I think you got the idea of paper betting wrong. Read the OP again.

I found that boring. How can a newbie bettor improve their betting skills if there are no risks? The real pressure is when there's at stake.
I guess you are a high risk person. In paper betting the individual who may be low-risk first tries their hands on it just to test the waters and gather confidence before then doing the real thing by then the would have been a bit prepared for the pressure and would take a loss differently than of they had zero experience.

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March 18, 2024, 02:26:58 AM
 #58

I would do it if there's a convenient way to track your bets because you could avoid mistakes that casual bettors frequently fall for. I remember using a website that allows you to track your units and use the odds from popular sportsbooks like Bet365, FanDuel, and DraftKings. I'd assume it wouldn't take long, and IMO it's a good way to start things out, knowing the markets, different types of bets, and more until you get the gist of sports betting overall.


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March 18, 2024, 04:39:05 AM
 #59

It is just like demo trading. Would do it if you were to begin sports betting again or jump right straight into the real thing?
I never did it at all and I only did the same thing when I didn't have any experience.
I mean, in the past when I first got to know online sports betting I did not use paper betting just to try something that I had never done just to get knowledge or experience, but I did directly bet on a sports bet with a small bet ($1) to find out anything what must be done and chosen to bet on sports betting even though several times lost $1 but it is not a large amount for a very valuable knowledge and for me it is a faster way to gain experience and knowledge despite having to defeat but that is valuable lessons.

maybe paper betting it can be a way for beginners who have never made bets in sports betting to find out all the options such as money lines, double chance, BTTS etc.

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March 22, 2024, 02:51:08 AM
Last edit: March 28, 2024, 02:18:09 AM by wxa7115
 #60

If you were to restart sports betting again, would consider learning first by betting on paper. This involves selecting 1 to 2 games daily and tracking the outcomes of your picks without wagering real money on a sportsbookie platform.
Quote
Paper betting refers to participating in sports gambling without fronting any money. The idea is to learn the ropes without actually risking real money.
https://www.bettingsite.org/blog/paper-sports-betting-what-is-it-what-are-the-advantages-11569/
It is just like demo trading. Would do it if you were to begin sports betting again or jump right straight into the real thing?
I guess it could work but what's the point?

Personally, I get a rush of adrenaline whenever I play or wager my money on betting, that's primarily the reason why I bet in the first place. I live for the nervousness and anticipation that gambling brings and betting without using real money just takes the fun out of the game in my opinion. I mean in some cases and for some people, it could work well especially those who are trying to recover off of their bad gambling habits, as this allows them to still be able to enjoy gambling without having to spend money in the process, but for the rest of us who are gambling as responsible as we can and are literally just gambling because we want to take the edge off sometimes, this is not going to work.

I guess it's just another case of to each his own since again, this wouldn't really work for me, but even if it was there's just no reason for you to do so in my opinion. If you're having bad gambling problems gambling more wouldn't solve it, even if you take the money portion out of the equation.
The idea behind it is the same as demo accounts on trading, if you are planning on turning your hobby into a professional activity then it is a good idea to test your method and strategies without using money at first.

This way if you happened to find a weakness or a problem with it then you will not lose any money because of it, which is not bad, as very often what end ups limiting the chances of someone becoming a professional gambler are the mistakes they make on their early stages, and which do not allow them to make a comeback even when they correct those mistakes.

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