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Author Topic: Can you stake it all put of over confidence in your club  (Read 1325 times)
Amphenomenon
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March 22, 2024, 05:30:37 PM
 #121

It is not good to bet with too much confidence as it carries risk most of the time. This happened to a friend of mine who spent all his life's savings on gambling with a lot of confidence in the hope of winning and then suffered a defeat and was mentally broken. We should learn from such mistakes that no matter how strong a team is there is no absolute guarantee of victory on the betting stage. It is foolish to spend life's savings. A sane person would never take such a wrong step knowing the odds of betting. Even if the team is strong, there will be a chance of losing.
Yes, you are right, self-confidence is fine as long as we don't overdo it which will waste all our money. Even though we really believe in a club being able to win, that is not a good thing to do, because in gambling there is always a risk, so it is better to keep betting on the minimum bet or a little bigger, as long as we don't put all our assets in the bet. the.

However, we have to keep thinking about what is good for us in the future, and risking all the money we have is not a good idea. Gambling must remain within certain limits, lest because of excessive self-confidence we do stupid things that we shouldn't do.

Don't think about the wins we will get when we bet, but we should also think about the losses we might get when betting. It's my way of staying on track when it comes to gambling. We must always be conscious and full of logic when we want to do something so that we don't regret it in the end.
Okay, look. You're talkin' about self-confidence like it's some magic bullet against losing your shirt gambling, but that ain't how it works, man. Yeah, confidence is good, but too much and it makes you stupid. Betting the minimum? Man, come on...that's like thinking you won't drown because you dip a toe in the ocean

You're talking about all this caution, trying to control things, but the whole damn game is about the opposite of that. Your future ain't coming from some lucky roll; it's about the choices you make right now. Gambling, that ain't a choice, it's a trap. It runs on that feeling like you're hot, or that you're about to get your money back if you keep playing...

Thing is, those losses? They ain't a maybe, they're baked into the whole thing. The game is designed so you lose long-term. You think you're staying on track, but that track is just leading you towards jumping off. It's more than the money, dude. You're gambling with your headspace, your whole outlook on things
To be frank this is a gambling addiction sugarcoat as over-confidence in gambling.
As a gambler having confidence in your prediction is important but this prediction shouldn't be made base on  luck instead with a proper analysis.
Regarding every prediction, risk should be calculated and gambling with life savings should never ever be an option.
Gamble with what you can afford to lose even if the win is small don't ever be tempted to increase it beyond anything that will affect you financially

R


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March 22, 2024, 06:17:45 PM
 #122

There is nothing spectacular about your friend winning that bet he was just lucky to win his bet his club Man Utd he was supporting has been very inconsistent in their performances and it's very obvious the team was lucky to win against Liverpool because I watched the match, Liverpool squandered all their opportunities to seal the match in the first half unfortunately luck ran against them consequently lost that match and luckily for him he won his bet  I am Arsenal fan I can only place a bet on the team based on their form and how formidable their opponent is and as it now I can place a bet on Arsenal if they are playing mid table or relegation battling teams to win but against clubs like Liverpool, Man City and Tottenham (derby match) my betting option is over 1.5 for those matches.

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March 23, 2024, 05:26:32 AM
 #123

In gambling you don't allow yourself to be controlled by favouritism, in gambling there no preferred team, you don't bring your team in because you might lose if you bet in your preferred club side, over confidence does not play in gambling, the whole process is based on your luck level, I have seen teams with a very small odd losing to teams with Tinny odd, so if you select your club you should have an open mind to expect two different events, either you lose or you win, no matter how good a club is, you can only predict their encounter with other clubs but you can't be very sure of their winning or losing, in gambling dont be too sure.

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March 23, 2024, 05:32:21 AM
 #124

Have anyone ever had confidence in any match that he was willing to be huge amounts to back up the confidence in a match that features his club. A friend of mine recently shocked me with how much passion and confidence he had in his club, man u vs liverpool  that happened on Sunday I guess was a very hard match cause Liverpool was already stomping 0:2 to man United but my friend was telling that man United won't lose the match, so I told him that if he has much confidence that he should stake life, shocking to me he went on and staked 5k on man United win to qualify which was about 7 odds at that time, and yeah it turned out right for him. Can any one do this or was it a foolish move?
It's not a stupid thing to do, but your friend deserves to do it.
I don't know whether your friend is rich or not, but what is certain is that looking at your story, it seems like your friend is a rich person who is able to bet 5k in one match and for his favorite team.
If your friend has the ability to bet an amount that I think is large, it is only a few percent of his income because it is impossible for a football fan and bettor to be able to spend that amount in just a short time and this time I say that your friend is lucky.

I have never bet that recklessly, even though I am a fan of a certain football team, I still look at the opponent I will face and if the opponent is only a lower class team, of course I will bet a larger amount, but if I am playing against an equal team, I will use small amount.

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March 23, 2024, 05:44:53 AM
 #125

There is nothing spectacular about your friend winning that bet he was just lucky to win his bet his club Man Utd he was supporting has been very inconsistent in their performances and it's very obvious the team was lucky to win against Liverpool because I watched the match, Liverpool squandered all their opportunities to seal the match in the first half unfortunately luck ran against them consequently lost that match and luckily for him he won his bet  I am Arsenal fan I can only place a bet on the team based on their form and how formidable their opponent is and as it now I can place a bet on Arsenal if they are playing mid table or relegation battling teams to win but against clubs like Liverpool, Man City and Tottenham (derby match) my betting option is over 1.5 for those matches.
When it comes to gambling, it is essential to remain impartial and not let personal preferences or prejudices affect the decisions you make. It is true that anything may happen in a sporting game, and even the most favoured side may lose.
While being objective and not allowing emotions to affect your decision making is a skill that can be learned, it's also something that some people are naturally better at than others. But one should always see that skill as an important component and a stepping stone towards ensuring one has a successful and healthy Gambling life

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March 23, 2024, 05:59:20 AM
 #126

I don't think you should bet big on a match just because you have a lot of confidence in the outcome of that match. This confidence may be false. As a rule, we all know stories about people who won large sums, relying only on their intuition or confidence based on personal preferences or beliefs. This is very far from the correct game system. The game should be based on clear patterns, and not on faith. Over the long haul, overconfidence will most likely bankrupt you. I would say that we must first consider the facts that contradict our belief. When we carefully study these facts, we will be forced to come to a more balanced point of view.

R


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March 23, 2024, 06:25:32 AM
 #127

cause Liverpool was already stomping 0:2 to man United but my friend was telling that man United won't lose the match,
I believe the game you are talking about is the Fa cup quarter final game between United and Liverpool, however, take note that Liverpool were never leading that game 2-0. United took the lead at 1-0, Liverpool equalized and then later took the lead, making it 2-1, United made it 2-2 through a goal from Anthony, Harvey Elliott scored and gave Liverpool a 3-2 lead in extra time, Rashford equalized to make it 3-3 and Amad Diallo won the game for United in the last minute and it ended 4-3.
Quote
Have anyone ever had confidence in any match that he was willing to be huge amounts to back up the confidence in a match that features his club.
No, i do not gamble with huge amounts of money, i am responsible in gambling, so even if i am betting on my favorite team and i have the confidence that they are going to win, i still bet responsibly.

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March 23, 2024, 06:37:17 AM
 #128

In my opinion, OP's story is the definition of gambling. You are sure of your choice then place a bet.

In gambling, winning or losing is normal and is only limited to these 2 choices. If you win then it is luck, which is sometimes very difficult to repeat.

As gamblers, we should be wise in using betting money because if we lose, we might lose that money.

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March 23, 2024, 03:24:50 PM
 #129

Yes, you are right, self-confidence is fine as long as we don't overdo it which will waste all our money. Even though we really believe in a club being able to win, that is not a good thing to do, because in gambling there is always a risk, so it is better to keep betting on the minimum bet or a little bigger, as long as we don't put all our assets in the bet. the.

However, we have to keep thinking about what is good for us in the future, and risking all the money we have is not a good idea. Gambling must remain within certain limits, lest because of excessive self-confidence we do stupid things that we shouldn't do.

Don't think about the wins we will get when we bet, but we should also think about the losses we might get when betting. It's my way of staying on track when it comes to gambling. We must always be conscious and full of logic when we want to do something so that we don't regret it in the end.
Okay, look. You're talkin' about self-confidence like it's some magic bullet against losing your shirt gambling, but that ain't how it works, man. Yeah, confidence is good, but too much and it makes you stupid. Betting the minimum? Man, come on...that's like thinking you won't drown because you dip a toe in the ocean

You're talking about all this caution, trying to control things, but the whole damn game is about the opposite of that. Your future ain't coming from some lucky roll; it's about the choices you make right now. Gambling, that ain't a choice, it's a trap. It runs on that feeling like you're hot, or that you're about to get your money back if you keep playing...

Thing is, those losses? They ain't a maybe, they're baked into the whole thing. The game is designed so you lose long-term. You think you're staying on track, but that track is just leading you towards jumping off. It's more than the money, dude. You're gambling with your headspace, your whole outlook on things
It seems you have misunderstood what I am saying here, I am not saying self-confidence is like medicine that we can take when we are sick, but there is another meaning I want to convey. When you gamble, do you not have the confidence to bet? don't we all have the same feelings when gambling? Even though I feel it a little, I'm sure most of us also hope to win at gambling, I wouldn't be a hypocrite to say I don't expect to win when I gamble.

Controlling the situation does not mean that we control the game, but it is more about self-control so that we are still within limits when gambling. Don't we want to be responsible gamblers? even though we know that our chances of losing are greater than winning.

But I agree with what you say with the future not coming luck, I have no problem with that, because we have the same thoughts. Once again, gambling is full of risks, and we must understand these risks before gambling. We do all of this so that we don't overdo it and become an addict.

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March 23, 2024, 04:12:43 PM
 #130

While their wealth allows for faster recovery, the principle remains - large wagers can lead to significant losses.  Imagine putting a vast sum on a single outcome, regardless of the potential returns.

The connection you draw between fan bias and responsible gambling is insightful.  Passion for a team shouldn't cloud your judgment.  Just because you favor a team doesn't mean they're guaranteed to win.  Imagine basing your entire bet on loyalty rather than a neutral assessment of the game's dynamics.

The potential for heartbreak in the face of unexpected losses is another crucial point.  Letting confidence in a team overshadow responsible gambling practices can lead to disappointment and financial strain.  Imagine the emotional toll of losing a large sum due to misplaced faith in a specific outcome.

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March 23, 2024, 06:53:18 PM
 #131

Where I live there is a very wise saying, "It sure killed trust", so when it comes to doing things better 'because you have a lot of trust, that is not a sure thing, because any event can change the history of any sport. or event, so I'm not one to do things or bets like that, even if they tell me that winning is certain, I can't accept that kind of thing.

I know that there are people in the world who only need to be told that they have confidence that it is something safe, and there are people who throw themselves into that, but I am not one of those people because basically things do not work that way, I think that security does not work. It can be either a casino or a bet because nothing is certain.

I think that when it comes to being in a casino or sports betting one should not be so trusting, there should always be reasons to distrust even one's own shadow.

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March 23, 2024, 10:21:52 PM
 #132

Always gamble by utilising your head, not your heart. Your club doesn’t give a damn about you so don’t risk your finances betting on them to win.

Sure, support your team, be passionate but don’t regularly bet on them to win just because of your love for them, it’s a guaranteed way to lose money.

This is true. I've always avoided Liverpool in my bet slips simply because I wouldn't be objective about my selections because when it comes to Liverpool, my bias is and will always be one sided. But it's not all bad. As a matter of fact, I have had some nice run of luck with Liverpool this season as they win most of their games and so few losses or draws.

As a side note, I tend to make such bets only on high conviction games though. For  instance, I avoided Liverpool in their most recent defeat to Man Utd in the FA cup quarter final.

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March 24, 2024, 03:12:12 AM
 #133

When it comes to gambling, it is essential to remain impartial and not let personal preferences or prejudices affect the decisions you make. It is true that anything may happen in a sporting game, and even the most favoured side may lose.
While being objective and not allowing emotions to affect your decision making is a skill that can be learned, it's also something that some people are naturally better at than others. But one should always see that skill as an important component and a stepping stone towards ensuring one has a successful and healthy Gambling life
Don't seem bothered because they're already woke up but work, I'm just trying my best to be in bed while my money do the whole workings for me, easy life going magnificent and everyone will shout. We can start a conversation about the present stages of our life and also how to temporarily limits our golden opportunities as gambling. Gambling is not for everyone, the earlier most of the students understand this quote, the better.



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Rainbot
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March 24, 2024, 04:59:35 PM
 #134

I know we like our teams and all, but I have a friend that does exactly opposite of this instead Cheesy. He is a LFC fan, and he wagers on City win a lot of money. His thought is that either City will lose and make him happy, or they will win and make him richer Cheesy. That's not half a bad idea, if he bets on Liverpool to win then it would mean that if Liverpool wins, he is double happy because both his team won and he earned money, but if LFC loses then he is double sad, makes no sense to him.

With him betting on City, and most recently Arsenal, to win that means he will most likely win money since those teams win majority of their games, and when they do end up losing or drawing time to time, that makes him a lose money but at least he is still happy.

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March 24, 2024, 05:14:05 PM
 #135

Have anyone ever had confidence in any match that he was willing to be huge amounts to back up the confidence in a match that features his club. A friend of mine recently shocked me with how much passion and confidence he had in his club, man u vs liverpool  that happened on Sunday I guess was a very hard match cause Liverpool was already stomping 0:2 to man United but my friend was telling that man United won't lose the match, so I told him that if he has much confidence that he should stake life, shocking to me he went on and staked 5k on man United win to qualify which was about 7 odds at that time, and yeah it turned out right for him. Can any one do this or was it a foolish move?
Betting all would be foolish. A game is a game and anything could happen regardless of how much Team A is at advantage; as long as the buzzer is not being heard, things are still not assured. Cliché as it sounds but never bet with confidence 'coz that's subjective. Perhaps you invested a small amount; you could get high rewards from profit but if it came out as a losing bet, and if you have bet a huge amount, then that would also be a huge loss. If you are about the consequences the be careful of the amount you engage. If you can't imagine yourself being in huge regret after a losing bet, then at least be preventive of such situation. Play it safe as much as possible. It would be better to settle with smaller profit than to settle with loss alone. Keep in mind how gambling works wherein many people regret putting their 'all' and eventually be needing of help from people around them.

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March 24, 2024, 05:25:39 PM
 #136

In my opinion, OP's story is the definition of gambling. You are sure of your choice then place a bet.

In gambling, winning or losing is normal and is only limited to these 2 choices. If you win then it is luck, which is sometimes very difficult to repeat.

As gamblers, we should be wise in using betting money because if we lose, we might lose that money.

Yes every gambler will only end up with one of two possibilities at the end of the session that is between winning or losing, all of which can never be known unless you have completed the session by seeing the results. Gambling is always random in terms of determining who the winner is and this is the reason why gambling can never be predicted because after all it is a gambling activity that bets your money on increasing or losing.

Of course a rational mindset is the recommended action in gambling, because with this then obviously you will be able to really consider everything from various sides to be able to make a truly wise decision and this benefit can minimize the possibility of regret at the end of the session. As I said above, gambling is always random which means that you or anyone can never know the outcome, and this means that gambling should not be taken too seriously and also should not put any expectations because in many cases they will usually only end up with disappointment due to putting their hopes in a place that is always about uncertainty and this confirms that gambling is an activity for profit, so be careful before you regret it.

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March 24, 2024, 07:15:49 PM
 #137

I know we like our teams and all, but I have a friend that does exactly opposite of this instead Cheesy. He is a LFC fan, and he wagers on City win a lot of money. His thought is that either City will lose and make him happy, or they will win and make him richer Cheesy. That's not half a bad idea, if he bets on Liverpool to win then it would mean that if Liverpool wins, he is double happy because both his team won and he earned money, but if LFC loses then he is double sad, makes no sense to him.

With him betting on City, and most recently Arsenal, to win that means he will most likely win money since those teams win majority of their games, and when they do end up losing or drawing time to time, that makes him a lose money but at least he is still happy.

Your friend obviously has a free spirit where sports betting is concerned.  He is just having fun, so losing still doesn't cause him much pain. If only many other gamblers will understand too that gambling (specially sports betting) is not something they should kill themselves over, then everyone will be safe. I avoid any form of emotional attachment to betting. Betting is suppose to show my ability to make accurate analysis, my joy at the end of every game will be in the fact that I am good in analysing sports base on both past and present records and winning only validates my claims. I will never bet in favour of a weak team no matter the love I have for that team. Sport bettors who are having challenges should try to be rational in their sense of judgement and analysis and they will see good changes

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March 24, 2024, 07:32:54 PM
 #138

so I told him that if he has much confidence that he should stake life, shocking to me he went on and staked 5k on man United win to qualify which was about 7 odds at that time, and yeah it turned out right for him. Can any one do this or was it a foolish move?
Don't do that, you don't know if these friends of yours are really going for it. But because of your words, he has to show you that he's a real fan and a gambler. I wouldn't dare to do or say that to my friends and I'll just tell them that they can support their favorite clubs in anyway that they can. And please don't move to the point that they have to stake away their lives or life savings or an amount that's too much to them and they are forced to do it because they think it's fine for them to do so just to show them they can do your dare to them.

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March 24, 2024, 07:41:40 PM
 #139

Can any one do this or was it a foolish move?
I wouldn't do like your friend, because it's widely said to not put all your eggs on the same basket. And in your friend's case, he did it with most chances against him, just to place a bet on the club he is a fan. Luckly this time it ended well for him, and he made big profit from his bet, however it could have happened the opposite, and if he continues placing similar bets futurely, at some point he will start facing losses on long run.

On the scenario he is sticking to his gambling budget exclusively, it's not really a big issue if he is losing money or not. Although it can be a better idea to diversify the portfolio among more different bets, while adopting another criteria of which teams and players to pick besides betting only on the club of his heart.

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March 24, 2024, 07:47:45 PM
 #140

Can any one do this or was it a foolish move?
I wouldn't do like your friend, because it's widely said to not put all your eggs on the same basket. And in your friend's case, he did it with most chances against him, just to place a bet on the club he is a fan. Luckly this time it ended well for him, and he made big profit from his bet, however it could have happened the opposite, and if he continues placing similar bets futurely, at some point he will start facing losses on long run.

On the scenario he is sticking to his gambling budget exclusively, it's not really a big issue if he is losing money or not. Although it can be a better idea to diversify the portfolio among more different bets, while adopting another criteria of which teams and players to pick besides betting only on the club of his heart.
His money His rules and there's nothing we can do about that and this is where some people do really have those kind of support when it comes into their teams that they do come up into such state
that they would really be going all in with their bets despite its pretty obvious that they are at disadvantage or in verge of losing. Also going all in without having that kind of consideration and analysis is never been that ideal.Making betting should be wise because we arent here on just trying out to show some support into the team/club. We are here on making up bets to make profits of course at
the same time you are really that having some fund.

Overconfidence is something a behavior on which it would really be something that could put up in trouble and this is something that you should really be that
trying out to lessen or minimize because if you wont really be able to put up some analysis then most likely your bets would be on lesser winning chance.
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