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Author Topic: Making too many picks reduces chances of winning.  (Read 1632 times)
stadus
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March 30, 2024, 02:23:03 PM
 #241

~snip~

I don't quite agree with your statement. Most likely, your experts did not take into account that if a gambler has a lot of summary time for analytics or is completely immersed in sports betting (a professional bettor), then the number of his bets, on the contrary, can positively affect the number of winnings. This can be compared to an investment. For example, you can invest money in only one asset, or you can invest in 5. With the right approach, investing in 5 assets can yield a more significant profit. The same thing happens in betting - one winning bet can cover the losses from two lost ones.

There's no problem if you think that way. However, there are gamblers that just love to make a lot of bets which they can't even study the bets they are making, the increase of bets is just due to excitement they'll like to achieve, but in reality, the chances of wining is just neglected.

You have more bets to make, you also have more time to spend, it should go together, otherwise, it will not work.

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March 30, 2024, 07:48:27 PM
 #242

~snip~

I don't quite agree with your statement. Most likely, your experts did not take into account that if a gambler has a lot of summary time for analytics or is completely immersed in sports betting (a professional bettor), then the number of his bets, on the contrary, can positively affect the number of winnings. This can be compared to an investment. For example, you can invest money in only one asset, or you can invest in 5. With the right approach, investing in 5 assets can yield a more significant profit. The same thing happens in betting - one winning bet can cover the losses from two lost ones.

There's no problem if you think that way. However, there are gamblers that just love to make a lot of bets which they can't even study the bets they are making, the increase of bets is just due to excitement they'll like to achieve, but in reality, the chances of wining is just neglected.

You have more bets to make, you also have more time to spend, it should go together, otherwise, it will not work.
The actions of each gambler will make the decision to take on so many bets a mistake or the right decision, profitable gamblers can definitely take on more bets because they know a particular sport like the back of their hand and they can analyze a match many times faster than most gamblers, however if a regular gambler were to do the same, this will be a mistake, since there is no way they can imitate the knowledge and the performance of a profitable gambler and they will just lose their money even faster than usual if they tried to do this.

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March 30, 2024, 07:57:19 PM
 #243

~snip~

I don't quite agree with your statement. Most likely, your experts did not take into account that if a gambler has a lot of summary time for analytics or is completely immersed in sports betting (a professional bettor), then the number of his bets, on the contrary, can positively affect the number of winnings. This can be compared to an investment. For example, you can invest money in only one asset, or you can invest in 5. With the right approach, investing in 5 assets can yield a more significant profit. The same thing happens in betting - one winning bet can cover the losses from two lost ones.

There's no problem if you think that way. However, there are gamblers that just love to make a lot of bets which they can't even study the bets they are making, the increase of bets is just due to excitement they'll like to achieve, but in reality, the chances of wining is just neglected.

You have more bets to make, you also have more time to spend, it should go together, otherwise, it will not work.
The actions of each gambler will make the decision to take on so many bets a mistake or the right decision, profitable gamblers can definitely take on more bets because they know a particular sport like the back of their hand and they can analyze a match many times faster than most gamblers, however if a regular gambler were to do the same, this will be a mistake, since there is no way they can imitate the knowledge and the performance of a profitable gambler and they will just lose their money even faster than usual if they tried to do this.
Making too many picks doesnt mean that you would really be having that reduce number chances of winning because those picks could really be also a good shot or analysis that you could really be having on which
it would really be that depending into the bankroll that you could really be having. You cant really be that making yourself that having an assurance of having a good winning rate even if we do say that you are already that
having lesser amount of bets but it cant assure you out that you would really be a good winning rate with it. It will really be always be depending on how well you do find yourself that putting up some analysis into your bets on which it is really just that right that you will really be that trying out to have those kind of considerations before you do take up some bets. The winning chance will really be something that depends on
how good you are on putting up the bets. Its not an assured thing but at least the odds on having a profitable bet will really be that always depending also with other factors. There are really just those
gamblers who are really that trying to have many bets in one go because they've been thinking that they could be able to have that bigger chance on winning.

R


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March 30, 2024, 10:35:56 PM
 #244

It shouldn’t be surprising because the more games you pick, the more you have bigger probability to deal with. Even if you are an experience gambler who has studied the game, you can’t always be right about your picks so if you pick 10 games, there’s a higher chance that one of their outcome will be wrong and I think this is why gambling platforms offers bonuses to people when they pick more games because they know that the more games people add to a particular ticket, the more chance they (the platform) will make money.

I have a genuine question:

The more games you pick, like you said, the more chances of winning. But every time you pick a game, don't you also stake/wage money in the process? If that were the case, won't that be more expensive on your end; and that it would cost you more or even offset your winnings in the process?

I have no experience in picking multiple games at once because I usually stick to the games that I played frequently. Not to mention, the more games that I play on one (1) type, the more experience that I gain. Thus, this would amount to more chances of me winning since I accumulate experience at the end.

I would liken this kind of choice of playing multiple games vs one game, to a quote that Bruce Lee said:

Quote
I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times.

I think you got my response wrong. What I said is that you’ll have more probabilities to deal with when you pick more games. Because instead of worrying about what the outcome of 2 games would be, you’d worry for 10 games or as much as you picked. And that is even more risky because the chances of winning are reduced and averagely the result ends in a loss.



 

 

 

 

 

 


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March 31, 2024, 12:37:27 PM
 #245

~snip~

I don't quite agree with your statement. Most likely, your experts did not take into account that if a gambler has a lot of summary time for analytics or is completely immersed in sports betting (a professional bettor), then the number of his bets, on the contrary, can positively affect the number of winnings. This can be compared to an investment. For example, you can invest money in only one asset, or you can invest in 5. With the right approach, investing in 5 assets can yield a more significant profit. The same thing happens in betting - one winning bet can cover the losses from two lost ones.

There's no problem if you think that way. However, there are gamblers that just love to make a lot of bets which they can't even study the bets they are making, the increase of bets is just due to excitement they'll like to achieve, but in reality, the chances of wining is just neglected.

You have more bets to make, you also have more time to spend, it should go together, otherwise, it will not work.
In reality, it must be admitted that there are still many gamblers who place random bets in large amounts just to satisfy their desire to have fun, whether they win or lose, they don't really optimize their overall opportunities.
If situation like this is carried out by small gamblers or with limited capital, they will only experience losses and lose all their money more quickly, sometimes small gamblers will be much more careful with their money.
Because they have limited money, they do various things to increase their chances of winning and minimize the risk of losing the money they bet, this is good attitude and should be done by all gamblers.
Sometimes those who have lot of money and can make money easily at work or in business don't really care and just do whatever makes them feel happy.

What is clear is that analyzing and doing some research on what is being bet on is very important and of course this can take quite long time if it is bet with larger amount.
There must be proper time management so that everything can be completed perfectly.

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