confidence is a dangerous thing

[Accardo]

Well I think OP should learn something, not only in gambling but in all areas of life, if you have an analysis and you have or believe that it is the right thing to do and you think that the way is to bet, then do it, take the leap of faith, the most that can happen to you is to lose and that is contemplated in the normality of betting, that is, the only thing I do tell you is that if you bet only do it with money that you are willing to lose, do not commit a lot of money that you will not be able to cover other expenses later.

Losing is the worst possible outcome of gambling, nothing else. It shouldn't be perceived as an avoidable thing, but something that comes next to winning. Being confident after a win or two, is great, yet it's not enough to erase the expectations of losing. Because players are not prepared to lose, they get disappointed at a glance of it on the screen.

[Julien_Olynpic]

You think your predictions are accurate only until you start making real bets. This is what almost always happens in life. It's amazing, but it's true. As soon as you start doing real practical activity, unusually rare events start happening unusually often. You start to wonder how often your predictions turn out to be wrong. I'm not talking about theoretical predictions, but about predictions that result in real bets. In general, in any activity there are a lot of theoretical myths that quickly dissipate as soon as you start practicing. Unfortunately, practice is always very different from theory. If you think your predictions are very accurate, then ask yourself what is it about your analysis that makes your predictions very accurate? Most likely, we are deceiving ourselves.

[danherbias07]

You think your predictions are accurate only until you start making real bets. This is what almost always happens in life. It's amazing, but it's true. As soon as you start doing real practical activity, unusually rare events start happening unusually often. You start to wonder how often your predictions turn out to be wrong. I'm not talking about theoretical predictions, but about predictions that result in real bets. In general, in any activity there are a lot of theoretical myths that quickly dissipate as soon as you start practicing. Unfortunately, practice is always very different from theory. If you think your predictions are very accurate, then ask yourself what is it about your analysis that makes your predictions very accurate? Most likely, we are deceiving ourselves.

Yeah, that's the best explanation of it. But I do understand OP because I have been on that road, too. Whenever I don't place any bets, that's when my predictions come true. There's something that messes up those types of events, and I think it's unexplainable. I don't believe it is the system, but maybe it is we who are at fault here. The best solution would be to never miss a bet but it will be an expensive feat. Also, making a record of every bet might help just to see if we are doing it right or if it equals the plans with no bets yet. The pressure because of the money on the line could also be a big factor on why the results are different.

[Koadharber]

You think your predictions are accurate only until you start making real bets. This is what almost always happens in life. It's amazing, but it's true. As soon as you start doing real practical activity, unusually rare events start happening unusually often. You start to wonder how often your predictions turn out to be wrong. I'm not talking about theoretical predictions, but about predictions that result in real bets. In general, in any activity there are a lot of theoretical myths that quickly dissipate as soon as you start practicing. Unfortunately, practice is always very different from theory. If you think your predictions are very accurate, then ask yourself what is it about your analysis that makes your predictions very accurate? Most likely, we are deceiving ourselves.

Yeah, that's the best explanation of it. But I do understand OP because I have been on that road, too. Whenever I don't place any bets, that's when my predictions come true. There's something that messes up those types of events, and I think it's unexplainable. I don't believe it is the system, but maybe it is we who are at fault here. The best solution would be to never miss a bet but it will be an expensive feat. Also, making a record of every bet might help just to see if we are doing it right or if it equals the plans with no bets yet. The pressure because of the money on the line could also be a big factor on why the results are different.

That really sucks on which on the time that you dont make out any bets and made out some choices and turned out to be a win then that kind of feeling on which that make you disappoint because you had missed out, and at the moment that you do make out some bet but ended up on a loss then that kind of emotion will be giving out that kind of trying out to make bets or gambling without having those hesitation or will be that betting accordingly just because you do made out some good choice earlier. There are moments that you d become that impulsive at the moment that your choices turned out to be loses and those non serious picking ending up on a win. Too much confidence will be always that a dangerous thing not only just that on gambling but also in other aspect or things in life. You will be that needing up not to be confident because not all outcomes will be that going on what you had wanted or what you wished for.

[Sandra_hakeem]

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

I don't know actually for a fact if I should encourage you, or just brush it off (like, whatever experience I've had). This seems more welcoming when you haven't deposited real money yet. That's exactly what happens on trading platforms if you're on a Demo account -- everything doesn't go so smooth when you're funded. Seeing yourself and a Demi-god will only get you in more trouble.

You think your predictions are accurate only until you start making real bets. This is what almost always happens in life. It's amazing, but it's true. As soon as you start doing real practical activity, unusually rare events start happening unusually often. You start to wonder how often your predictions turn out to be wrong.

Maybe that's the part he hasn't realized just yet. Sometimes, let them plunge into a pool of hot oil and test the feeling, so next time, you don't have to explain what it feels like to them. One the most effective strategies from the house is refreshing your rosters with games, but the former works like magic, just like in his case.

[fruktik]

Losing is the worst possible outcome of gambling, nothing else. It shouldn't be perceived as an avoidable thing, but something that comes next to winning. Being confident after a win or two, is great, yet it's not enough to erase the expectations of losing. Because players are not prepared to lose, they get disappointed at a glance of it on the screen.

I remember the time when I had nothing but victories during the whole day while playing slots. I spent more than 12 hours in a row in an offline casino and was able to increase my initial deposit by 100 times. Yes, that was it. I managed to make 100x. That was, of course, something in my gaming practice. I myself could hardly believe it then, but the fact remains a fact. I remember that this amount of money was comparable to the average salary in the country. I was so happy about this event that I was beaming with happiness. Also, I managed not only to win a decent amount of money, but also to buy myself some things. I did not play with them again and that was the right decision.

[bubilas]

You think your predictions are accurate only until you start making real bets. This is what almost always happens in life. It's amazing, but it's true. As soon as you start doing real practical activity, unusually rare events start happening unusually often. You start to wonder how often your predictions turn out to be wrong. I'm not talking about theoretical predictions, but about predictions that result in real bets. In general, in any activity there are a lot of theoretical myths that quickly dissipate as soon as you start practicing. Unfortunately, practice is always very different from theory. If you think your predictions are very accurate, then ask yourself what is it about your analysis that makes your predictions very accurate? Most likely, we are deceiving ourselves.

That's right, because playing for money always puts any gambler into a different state, completely different from a regular game not for material values. Therefore, you need to understand that sitting on the couch and predicting the results of matches in your mind is easy, especially when memory tends to be selective. I mean when we remember successful match predictions more often than unsuccessful ones.
And that's why many people think that they are excellent analysts.
And when the game comes to betting for money, the balance "remembers all the mistakes."

[Fivestar4everMVP]

Losing is the worst possible outcome of gambling, nothing else. It shouldn't be perceived as an avoidable thing, but something that comes next to winning. Being confident after a win or two, is great, yet it's not enough to erase the expectations of losing. Because players are not prepared to lose, they get disappointed at a glance of it on the screen.

I remember the time when I had nothing but victories during the whole day while playing slots. I spent more than 12 hours in a row in an offline casino and was able to increase my initial deposit by 100 times. Yes, that was it. I managed to make 100x. That was, of course, something in my gaming practice. I myself could hardly believe it then, but the fact remains a fact. I remember that this amount of money was comparable to the average salary in the country. I was so happy about this event that I was beaming with happiness. Also, I managed not only to win a decent amount of money, but also to buy myself some things. I did not play with them again and that was the right decision.

Very good choices you made there, and I used the word "choices" because you actually made two good choices, first is choosing not to play in that casino again after that win, and I believe that you didn't also continue playing in another casino because if you did, then the second choice you made wouldn't have been possible, you possibly would have lost all the money back to the casino in a twinkle of an eye.

The second choice you made is choosing to use the money you won to buy yourself some physical things, this is one effective way to create and keep good memories of our gambling activities and wins, as you will live to always remember this experience whenever you see that thing you bought with the money you made from gambling, it always gives a special kind of feeling, most especially if the item is something that serves you everyday, like a TV, home theater (music system), personal computer and so on.. 😁

[Z390]

There is no such thing as accurate predictions in gambling, you are just been lucky if you win three times in a role, some people can even be right more than three times predicting a match outcome but in the end gambling shows them who is the boss.
The moment you start believing that you are not just lucky but a smart predictor is when you've messed everything up, it is only a matter of time before you get your final answer, the type that will humble your great sense of predicting.
A smart gambler will always accept that he or she is just lucky even when the wins comes one after the other, you are merely lucky, don't let it get into your skull thinking you are cool or a genius.

[Dr.Bitcoin_Strange]

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?

Well, you don't need to feel like that because when you are too confident you could be clouded by pride and it can cause you to make some mistakes too. If you are always lucky in winning your bets, congratulations and keep up with what ever strategy you are using but just be smart to know that you will can also lose when you don't expect and that's why you must only bet with the amount you can afford to lose.

[Smartprofit]

In my opinion, it is impossible to assess how good an analyst you are until you start betting on sports with real money.

I remember watching a movie about criminals who planned to rob a bank. In order to gain access to gold bars, they had to open a safe. They planned to put the bank guards to sleep with a special gas, so the safe had to be opened wearing a gas mask. One of the criminals volunteered to open the safe, citing that he was an excellent burglar. The gang leader decided to make sure that this was the specialist they needed and arranged a dress rehearsal.

While the candidate burglar was opening the safe, the leader pulled a gun out of his pocket and put the gun to the man's temple, shouting that he would shoot this man if he did not hurry. The unlucky burglar panicked and began to ask why the gang leader was doing this?  "We will have only 5 minutes to open the safe," the gang leader said calmly, "Any surprises are possible, your companions who will be next to you will also panic and demand speed of work from you. If you are not stress-resistant enough, then you are not suitable for this role!"

A player who bets on sports also constantly works under stress. Therefore, in order to have reasonable confidence that you are a good player, you need to make real bets on sports (betting real money).

[GigaBit]

Do not let your accurate predictions deceive you. No emotions there. Betting is totally different. But if you can be disciplined enough and go against your will and also not using more than small amount of money, why not give it a try. But expect loss while betting. If you start to bet, you can be exposed to bettors vulnerability which makes them lose. One of the vulnerabilities is frequent betting.

Yes, while betting, confidence is very bad. You can lose, but if you win, it can lead to more confidence (even overconfidence) which is a bigger trap of money loss.

Exactly mate,confidence is needed in gambling,but overconfidence is what misleads then into reckless you display is actually the biggest mistake any can impose on themselves.
Overconfident players most times plays beyond their limits,and these guys are prone to chasing unexpected losses and end up with so many unpluanned error.

Yes, overconfident gamblers lose regularly. Being overconfident in gambling sometimes makes it easier to win, but when that level is excessive, that gambler will definitely lose. The gamblers who often lose their entire bankroll are more overconfident gamblers. Another thing I have noticed is that those who have access to sufficient money are usually prepared to take big risks in gambling. Those gamblers are not afraid of losing, but being overconfident, they also take big risks and at some point their losses increase greatly. You cannot be sure about winning and losing in gambling, and it is normal to lose suddenly even in a winning match. That is why it is better to prepare yourself to handle gambling naturally without being overconfident.

[DaNNy001]

Don't let your confidence disappear after making one mistake. I mean, right now you feel confident like you have the right skill to predict. But remember guys, gambling is all about luck even though sports betting has a lower risk but sometimes the surprise comes to destroy your confidence and make you angry and bet recklessly.
Do it with a small amount if you want to try it again to avoid deep disappointment.

Don't you think feeling confident even after getting a prediction wrong is being delusional?.. just like the topic says, it's a dangerous thing...no matter how solid you think your predictions are always remember that it only takes one thing to just go wrong, sometimes a game doesn't go according to your prediction because the players can miss Chances or get a red card and so many other factors that cannot be controlled..All you can do is predict and hope to get lucky, you can't be too sure that things would go in your direction, sports betting is full of surprises.

[Negotiation]

Confidence can be a positive element in gambling or betting but overconfidence especially when it is not in line with reality can be really dangerous. Being confident does not mean that you will always make the right decisions rather it means that you have made a certain decision based on the correct information and analysis and you believe in that decision. We all know that gambling depends on luck so it is most important to maintain your control and focus on analysis and reality while playing. Overconfidence is where you bet based on your own ideas or previous experience without proper information or analysis and your results become uncertain and the risk increases.

[fruktik]

Losing is the worst possible outcome of gambling, nothing else. It shouldn't be perceived as an avoidable thing, but something that comes next to winning. Being confident after a win or two, is great, yet it's not enough to erase the expectations of losing. Because players are not prepared to lose, they get disappointed at a glance of it on the screen.

Yes, how many times in a row was there a disappointment that the deposit was zeroed out, but I still continue to play. So what if there is a series of failures? This is a completely normal phenomenon for those who play gambling. It would be strange if everything developed in a completely different way. That's how it should be.

Once there was a case when I could not win anything at the casino for a whole week. Then incredible luck smiled on me and I was able not only to win back the money that was lost, but also to make even more than 2x.

[kotajikikox]

You think your predictions are accurate only until you start making real bets. This is what almost always happens in life. It's amazing, but it's true. As soon as you start doing real practical activity, unusually rare events start happening unusually often. You start to wonder how often your predictions turn out to be wrong.

It may have something to do with real betting affecting the way you think a lot more compared to when you are only betting with no risks involved. You may be a bit more analytical. Or maybe you overthink too much. You second guess. Or you get too scared. There are so many unexplainable phenomenon that happens when you start betting with real money. It really is very easy to say things when you are not gambling but once you are betting, it is hard to ignore the excitement and keep objective.

[michellee]

Confidence can be a positive element in gambling or betting but overconfidence especially when it is not in line with reality can be really dangerous. Being confident does not mean that you will always make the right decisions rather it means that you have made a certain decision based on the correct information and analysis and you believe in that decision. We all know that gambling depends on luck so it is most important to maintain your control and focus on analysis and reality while playing. Overconfidence is where you bet based on your own ideas or previous experience without proper information or analysis and your results become uncertain and the risk increases.

Most people become over confidence especially when they win for some rounds. They don't think to stop gambling after that winning but will still chasing more winning which is not a good idea to do. Being confident need control so we don't become over confidence like other people so we can make a right decision to stop gambling while we have that win money.

We should remember that over confidence can make us loss in gambling because we feel that we are a pro gambler that will win more. What we need to have are awareness to know when we must stop gambling so we don't deeper in gambling and prevent the big loss.

[nara1892]

It is possible that you are quite good at analyzing but there is also a possibility that previously you were nothing more than lucky, you can evaluate what you analyzed in the previous bet that led you to victory, if you find that the analysis you did really had a big contribution in achieving the previous victory then you can do the same thing on the next bet, but one thing I will suggest is to make sure that you only bet using a small amount, an amount that you can afford to lose, because of course gambling is still gambling.

[Sim_card]

Well I think OP should learn something, not only in gambling but in all areas of life, if you have an analysis and you have or believe that it is the right thing to do and you think that the way is to bet, then do it, take the leap of faith, the most that can happen to you is to lose and that is contemplated in the normality of betting, that is, the only thing I do tell you is that if you bet only do it with money that you are willing to lose, do not commit a lot of money that you will not be able to cover other expenses later.

Losing is the worst possible outcome of gambling, nothing else. It shouldn't be perceived as an avoidable thing, but something that comes next to winning. Being confident after a win or two, is great, yet it's not enough to erase the expectations of losing. Because players are not prepared to lose, they get disappointed at a glance of it on the screen.

I agree with you because in gambling is either you win or lose whether you like it or not. This is the reason why one needs to limit his losses by using little amount of money that he can afford to lose to gamble, and also withdraw his win whenever he is in profit and quit the game. To avoid him gambling back with his profits because losing is inevitable.

[KiaKia]

Two lucky bets must not make you feel like you are a expert.

Confidence on the wrong things will never end up well.

All hails to every gamblers that have confidence one way or the other on gambling, like how did you do it? Having confidence on something that's out of your total control, isn't that suicide?

Part of gambling is rigged, there is no way you can defeat a casino, even if you win today you will be back tomorrow or other day, you are completely in the palm of gambling control yourself.

Those who choose to be a responsible gambler are not idiots, they understand the whole breeding ground called gambling, if you don't do it right you will get dealt with.