confidence is a dangerous thing

[Zadicar]

anyway because my predictions have been correct i now feel drunk in power and i feel like i could get another prediction right for the next sporting event i am considering whether i should try and officially bet on it? am i actually good at analyzing things or have i just been lucky?

Whatever your mind is made up to do, there's nothing wrong about giving it a shot but just be ready for whatever result you get from it at the end. Gambling is a choice and having the ability to make good analysis is what gives one an edge to at least have a sense of control over his gambling wins so it is not just something you are depending on mere luck. However, overconfidence could be a huge problem that if not properly managed can ruin you as a gambler. even as a starter, do assume you know it all even though you must have tried some tactics without using actual money on it, there's a big difference between making a prediction when money is not involved and doing the same when money is involved. at least, starting little till you ascertain how effective the strategy works in real life is a good point to start.

You are the ones would really be able to answer it out when it comes to this because once that curiosity kicks in, then it will really be giving out that kind of urge on which you should be testing out specially at the time that you have been able to see positive results in previous bets but you didnt end up on having no bets because you are really that assuming out that it might be a lose but since you are really that making out some analysis then it is really that showing up some good bets and giving out some positive results. If you do find yourself to be that effective, then why not on trying out to place up some bets? As long you are really just that putting an amount on which you can afford to lose then there would really be no issue. On the moment that you would be winning then it does shows out that you are good at analysis and having some mix of luck of course.

[o48o]

i have been making predictions about this one sport but not really turning my predictions into bets officially meaning i have yet to actually put money on where my mouth is

anyway in this sport i have been following, i have made two claims that ended up being true i wouldn't say that it is straightforward so even i am surprised with how accurate my predictions were when my basis were honestly a lot of optimism and trust to the athletes to be motivated enough to perform well after previous horrible results

anyway because my predictions have been correct i now feel drunk in power and i feel like i could get another prediction right for the next sporting event i am considering whether i should try and officially bet on it? am i actually good at analyzing things or have i just been lucky?

I would say that go for it. I am sure that you already know most things i would recommend, because it sounds like you are self-aware of any dangers this confidence might bring.
The fact that you admit that it could be based on illusion, is really healthy way to look at it.

I know that it's appealing to think that maybe you are some sort of genius who have found infinite money button and feeling that is normal. Everyone thinks they have found an edge at some point.

Enjoy the money, but don't forget that it can be gone as fast as it came. Don't try to predict your success in the future with the trajectory of the past, because this is gambling and admitting you are lucky is way healthier way, even if it somehow wasn't just luck.

[alastantiger]

anyway because my predictions have been correct i now feel drunk in power and i feel like i could get another prediction right for the next sporting event i am considering whether i should try and officially bet on it? am i actually good at analyzing things or have i just been lucky?

You won't know until you actually do it hence I will advice you to go right now and put your money where your mouth is, you mightn't know but you might be one of the few talented people that can analyzed the sports that you're talking about. What you'll do first is to not invest a large amount of money into the bet but start with a small amount and watch what the outcome of your bets are becoming for some few games. With more games that you win, you can then raise the quantity of money that you're using to bet so it increases your chances of getting a bigger reward. Don't think that you're good when you haven't involved money because money has its own spirit. Confidence is a good and dangerous thing when used in a wrong way because confidence can blind you from the reality of how something truly is.

[AmoreJaz]

anyway because my predictions have been correct i now feel drunk in power and i feel like i could get another prediction right for the next sporting event i am considering whether i should try and officially bet on it? am i actually good at analyzing things or have i just been lucky?

You won't know until you actually do it hence I will advice you to go right now and put your money where your mouth is, you mightn't know but you might be one of the few talented people that can analyzed the sports that you're talking about. What you'll do first is to not invest a large amount of money into the bet but start with a small amount and watch what the outcome of your bets are becoming for some few games. With more games that you win, you can then raise the quantity of money that you're using to bet so it increases your chances of getting a bigger reward. Don't think that you're good when you haven't involved money because money has its own spirit. Confidence is a good and dangerous thing when used in a wrong way because confidence can blind you from the reality of how something truly is.

What he can do is place a small amount of bet first and try if he is really lucky with his bets. Now, slowly increase the amount if you feel that you are right with your bets, but make sure you are still using your spare funds. Because some people are not actually playing their real cash because of the fear that they will lose it all. You won't know your actual results in predicting the game if you won't try it with actual money. You will always feel the "what if" every time you see that your prediction is on the winning side.
So that feeling won't stop up until you really try your real cash to bet. And see how you are really good with your prediction when it comes to the actual betting. That's when you will really gauge your prediction skills not during the time that you are just watching and predicting the end game of the match without shelling out real cash.

[WeedGoW]

It is great to know your prediction is true. Sometimes predictions increase their self-confidence. I think you have done a lot of analysis to make this prediction. Actually, I bet on a cricket game too much. Because I know if you can do the right analysis in cricket, then of course you will win. When I bet, I bet very much then bet and I win most of the time. If you want to make a difference between prediction and betting, remember that a small amount of risk is to take through some choice. If you are studying and studying more deeply, your prediction accuracy may increase, but since you are seeing both predictions and bets together, it is very important to be careful about your financial status, mental preparation for risk-taking and your real perspective towards sports.

[Aanuoluwatofunmi]

anyway because my predictions have been correct i now feel drunk in power and i feel like i could get another prediction right for the next sporting event i am considering whether i should try and officially bet on it? am i actually good at analyzing things or have i just been lucky?

You get it right by luck for the first time does not mean you will have the same experience continually, this is gambling for you, maybe what happened to you after this was overconfidence, which anyone of us can also fall a victim if we don't pay attention to the game we play and how gambling works in general perspective, some may because of these try to put in huge amount of money as stake to later discover they missed it and lose.

[I_Anime]

Is two different when you predicting without putting any money and when you are putting money , everything is all about self control because lack of self control is one of the major thing that usually lead to losses due to many factors like chasing after your losses after experiencing some few losses , is for you to ask yourself if you can handle your emotions when things ain’t going your way I can’t actually tell if you have a good predicting skills or just luck all I can say is just be careful at there because you ain’t the first with such mindset, there a lot folks that actually thought they have a good predicting skills and they end up with losses countless times .

[suzanne5223]

There's no danger in confidence. Overconfidence is what is dangerous.
Every gambler is good at analyzing the game when the result is yet to be out, and when previously analyzed results are intact but when things turn south the story is the other way round.
What I am trying to say is that every game is a game of chance and has nothing to do with your experience in analyzing because surprises are bound to happen which can get everything as the gambling game is a concern. However, there's nothing bad in trusting your potential and trying your luck, just make sure you're going with the amount you can afford to lose.

[Dickiy]

I agree with the title above that self-confidence can be very dangerous if it is too involved in gambling, the problem here is that the result at the end of the game is always about two things, namely winning or losing regardless of how hard you make predictions and analyze a team, meaning the possibility of defeat will always be there.
There are several things that should not be too involved in gambling, including hope and self-confidence as we are discussing, none other than when we are too confident, we will most likely bet with a larger amount than we can afford, which will also increase the possibility of regret when the results turn out to be lost.
So regardless of how accurate your predictions are, in my opinion, don't trust too much and don't put too much hope before the results come out.

[icebar]

It is good to have confidence, but excessive confidence can increase the amount of loss rather than profit. In the case of betting, if a gambler does not have confidence, then the chances of that gambler winning are reduced. But luck is a factor in gambling, the more confidence we grow, if luck does not favor us, then we will never be able to win in betting. Due to overconfidence, the amount of loss of a gambler often increases to a large extent.

[coolcoinz]

Think of it in terms of probability, OP. You were right twice in a row and that gives you confidence, but getting something right when the chances are 50% twice in a row is pretty easy and happens all the time. Just play dice and see how many times you will get 2 in a row and then you lose 2 in a row.

To create a pattern and show you statistically are a good player you need to analyze 100+ bets. It's impossible to tell if you were lucky or good after 2 bets. If you're scared of losing money and want to see if you're good, bet the minimum like $1, or make imaginary bets and see how you do after the next 20 bets.

[finaleshot2016]

i have been making predictions about this one sport but not really turning my predictions into bets officially meaning i have yet to actually put money on where my mouth is

anyway in this sport i have been following, i have made two claims that ended up being true i wouldn't say that it is straightforward so even i am surprised with how accurate my predictions were when my basis were honestly a lot of optimism and trust to the athletes to be motivated enough to perform well after previous horrible results

anyway because my predictions have been correct i now feel drunk in power and i feel like i could get another prediction right for the next sporting event i am considering whether i should try and officially bet on it? am i actually good at analyzing things or have i just been lucky?

If your predictions are just being positive then it's kinda risky because probably it's from luck because you didn't rely on analysis. Luck played a big role on your wins.
I also felt that before but turned out I'm wrong because sometimes that confidence came from luck, once luck depleted on yourself, bro you'll gonna shutdown.

Be always practical and be analytical, no one is powerful like that 'cause if there are, there are many of you guys but as you can see, those who've won a lot turns out to make their money gone too because of that reasoning.

Be careful..

[Kristiyana]

Yeah, in terms of gambling confidence is a dangerous thing. I knew of a gambler who lost a huge of money all in the name of confidence, While most gamblers also got deceived by those random predictors that claims to be an expert in terms of gambling, and most people are so naive to use thier money to buy those thier odds just because they trusted the source which the game came from and sometimes after buying this odds then can decide to stake it with 4x that amount they use to purchase those odds. and sometimes they will be so unlucky to win from those odds which they buy from those expert, This is why we don't need to have too much confidence in gamble regardless to the source that the game is coming from.

[dunfida]

i have been making predictions about this one sport but not really turning my predictions into bets officially meaning i have yet to actually put money on where my mouth is

anyway in this sport i have been following, i have made two claims that ended up being true i wouldn't say that it is straightforward so even i am surprised with how accurate my predictions were when my basis were honestly a lot of optimism and trust to the athletes to be motivated enough to perform well after previous horrible results

anyway because my predictions have been correct i now feel drunk in power and i feel like i could get another prediction right for the next sporting event i am considering whether i should try and officially bet on it? am i actually good at analyzing things or have i just been lucky?

If your predictions are just being positive then it's kinda risky because probably it's from luck because you didn't rely on analysis. Luck played a big role on your wins.
I also felt that before but turned out I'm wrong because sometimes that confidence came from luck, once luck depleted on yourself, bro you'll gonna shutdown.

Be always practical and be analytical, no one is powerful like that 'cause if there are, there are many of you guys but as you can see, those who've won a lot turns out to make their money gone too because of that reasoning.

Be careful..

Luck would be always the determining factor on which its something that will really be that needed neither been dealing up with sports betting or casino games but we do know that on sports betting it will really be needing up to have some application of analysis on which this will really be that a determining factor too on whether you would really be able to have better chance of winning or not. Checking out into the situation in having in torn between to make a bet or not with real money, then it will really be that up to you and if you do have that money that you can spend on then it will be that up to you. Important thing is that you should really be that investing into the amount on which you can only afford to lose. Never make yourself having this kind of consideration on putting up some all in amount just to justify your curiosity.

Confidence would really be a dangerous thing but it will be depending whether you are spending up that much money out of it or not. It all matters on how much you do spend because this is where gamblers do usually messed up at the moment that they cant be able to control their spending at the moment that they do make out some bets. So it will really be that vary on someones decision.

[Oluwa-btc]

if you are surprised by your own prediction, it means that from the beginning you were not so sure about your prediction and only made a prediction based on self-confidence and cognitive bias without being supported by strong analysis. the two predictions that you have made and then it worked are most likely just your luck, it is not likely that you can get the same result when you make another prediction in a real bet. but it is your choice, whether you want to make another prediction and put it on a real bet or not. but only bet what you can afford to lose.

On a sure note, confidence is important for what it stands for in gambling,but overly times,the negative outcomes usually outweighs the  positive outcomes.Its balanced when both territories can foster
and manage their confidence levels.Lest any games venture in lossess in lossess,them overconfidence is a big target.

[Fortify]

i have been making predictions about this one sport but not really turning my predictions into bets officially meaning i have yet to actually put money on where my mouth is

anyway in this sport i have been following, i have made two claims that ended up being true i wouldn't say that it is straightforward so even i am surprised with how accurate my predictions were when my basis were honestly a lot of optimism and trust to the athletes to be motivated enough to perform well after previous horrible results

anyway because my predictions have been correct i now feel drunk in power and i feel like i could get another prediction right for the next sporting event i am considering whether i should try and officially bet on it? am i actually good at analyzing things or have i just been lucky?

It is a dilemma that we all face in life, having confidence is a good thing but it only comes from lots of experience and sometimes we might be too quick to classify a streak of good luck as some innate knowledge that we are able to decipher. They say it can take 10,000 hours to become an expert in a field, which usually means a good year or two of learning, so maybe if you are falling under this number it needs a bit more practice. One thing that you will learn over so much time is all the "black swan" type events that might wipe out a string of success. If we talk about sports betting, there will be all sorts of rare scenarios that pop up in every game but you might only see them once or twice a year - misjudging outcomes or the consequences of your bets due to these technical situations can end up very expensive.

[DubemIfedigbo001]

...

It is a dilemma that we all face in life, having confidence is a good thing but it only comes from lots of experience and sometimes we might be too quick to classify a streak of good luck as some innate knowledge that we are able to decipher.

Confidence is a good thing, but overconfidence is disastrous. A gambler relying on his luck that has come by series of times and kissing his grabbling discipline in the process of simply overconfidence. We need to apply moderation in all our actions on the casino, even when we're winning, there should be a time to stop and move on to the next activity. That way we're preparing ourselves with discipline for our reaction during losing steaks.

Overconfidence would make the gambler think it's his right to keep winning no matter what and his sudden switch to loosing streak might seem to him as abnormal and he'll strive to get back to winning streaks, maybe to no avail and from overconfidence it enters desperation, furthermore to depression and a new helpless addict is formed.

[tread93]

i have been making predictions about this one sport but not really turning my predictions into bets officially meaning i have yet to actually put money on where my mouth is

anyway in this sport i have been following, i have made two claims that ended up being true i wouldn't say that it is straightforward so even i am surprised with how accurate my predictions were when my basis were honestly a lot of optimism and trust to the athletes to be motivated enough to perform well after previous horrible results

anyway because my predictions have been correct i now feel drunk in power and i feel like i could get another prediction right for the next sporting event i am considering whether i should try and officially bet on it? am i actually good at analyzing things or have i just been lucky?

uhhh yeahhhh, duh! lol. If you're feeling confident and you've already made two picks that could have been winners everybody knows that the third time is always the charm! Eh? Or was that just me that paid attention in gambling school? ;P. Why not man? I mean seriously what have you got to lose? You've got to trust your gut and if you feel you can take the risk and are confident in it then I say LFG!!!!! This is not financial advice in any way shape or form just an opinion and not meant to be taken to heart.

[Bitcoinsummoner]

anyway because my predictions have been correct i now feel drunk in power and i feel like i could get another prediction right for the next sporting event i am considering whether i should try and officially bet on it? am i actually good at analyzing things or have i just been lucky?

You get it right by luck for the first time does not mean you will have the same experience continually, this is gambling for you, maybe what happened to you after this was overconfidence, which anyone of us can also fall a victim if we don't pay attention to the game we play and how gambling works in general perspective, some may because of these try to put in huge amount of money as stake to later discover they missed it and lose.

After reading your comment, I share my own experience,

"I was very good at math, math was my favorite subject. I practiced math whenever I felt like it. While practicing this extra math, I memorized all the math in my textbook. An extra level of confidence was working inside me. When I went to the exam hall, I was really surprised when I saw the math questions. All the questions were common to me. I started writing the answers to the questions without looking at the questions. The examiner changed a number in the middle. But because of the extra conference, I started doing the math without reading the question a second time. At the end of the exam, I read the questions carefully and saw that the questions had changed a little. But by then, my exam was over. Now, the catch I made was bad because of my extra confidence." So I will say, "Excessive confidence is really a cause of harm"!

[kotajikikox]

uhhh yeahhhh, duh! lol. If you're feeling confident and you've already made two picks that could have been winners everybody knows that the third time is always the charm! Eh? Or was that just me that paid attention in gambling school? ;P.

Where is this gambling school so I can enroll?

Also isn't the saying that third time's the charm applies if you have been losing and people will encourage you to try again for the third time to see if things will finally turn around for you. In OP's case, they have been lucky enough for two tries already. Will the third time repeat the previous two successes? Who knows? It could be the end of a streak.

Why not man? I mean seriously what have you got to lose?

Well, money! But this is why OP should just go for a small amount so that it is not big of a loss. If he does lose