confidence is a dangerous thing

[Pi-network314159]

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?

That is one fun thing about gambling and or betting, most times when you predict games without using a real Cash to bet, it usually happens to play out and your mind will trick you that you would have won big if you would have betba real Cash but to be honest you may not have even won if you bet with a real Cash because betting behave so strange that you win more when you don't stake real Cash but fail when you stake with real Cash. So you can make trial if you are doubting me. But I wish you beat of luck though before you will stake and lose and thinks that I am the reason for your badluck

[mirakal]

There’s no wrong if you start betting based on what your prediction says, but let’s be straightforward, never bet an amount more than you can afford to lose. Your confidence is not all guaranteed safe and true, one mistake will eventually lead you to a bigger losses, and that’s one thing you should avoid so you won’t fail in your own trap. Yes, confidence is a dangerous thing, unless if you are in controlled of your emotions and learn to avoid things that will leave you in frustration.

[TelolettOm]

That's called more reckless without a basis. The name is also just reckless capital, so the results are just a matter of luck, more on luck. Sometimes, we are too confident to decide something, especially in playing slots. We think and hope very much that we can really get a win in the bets and in large amounts, or we are very sure that we will win any bet or slot, and because of this very big belief, it makes us too confident to gamble with big bets. and that's actually quite dangerous. Because no matter what, we also have to be able to play more measuredly

[Bitcoinsummoner]

~

Confidence is really a very dangerous habit. People are not afraid of anything because of confidence. And in gambling, confidence is a very dangerous habit. A gambler accumulates a kind of confidence in himself before gambling. He always thinks that he will win by gambling and it is impossible to beat him. "It is impossible to beat him" This dangerous level of ego, and dangerous confidence helps him lose everything. This arrogance and confidence make him interested in gambling and as a result of this interest, he loses all his wealth. So confidence is good and overconfidence is a dangerous level of bad. Stay away from any confidence as much as possible and try to stop yourself from gambling.

[milewilda]

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?

We do know that betting on sports does really need up that luck but it will really be that just normal into those times or days that you would be making out some predictions but didnt put up any bets with it or money into those but it turned out to be a win on which it will really be giving out that kind of mentality or kind of confidence on which you are really that indeed doing the right thing. The main thing on here is that if you are really that curious on trying out to see whether you are really that having a good analysis or not, then it will really be that up to you. Just make it sure that you are really just that using up on the amount on which you can afford to lose so that whenever or whatever the result or outcome it would be on which you wont really be ending up on regretting. We do always have that curiosity once we've been that dealing up with something and turned out to be that right or having those good calls but since you haven't been able to made out some bet then it wont really be that much of an issue if ever it lost but on the moment it do win then it will really be having that sense of regret that you had missed out on taking up a bet because once you have done that then that will surely means on making some wins too. Out of some curiosity then it will be not so bad that you will be able to consider out on taking up such bet and finding out if you are a good predictor with those analysis then you could really be that a good sports bettor.

[yahoo62278]

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?

Maybe instead of making an actual bet you start posting your predictions and keeping track of your wins/losses. If you have better than a 60% win rate, users may start following your picks and send ya a tip here and there.

I wouldn't get too cocky over calling 2 correct results. Maybe you chose huge favorites?

[michellee]

Sometimes, we are lucky when we just predict and not placing our bet. That is often happens to some people but when they want to see the real by placing their bet, they are not lucky enough like when they predict. That can make them curious why that is not happening so they keep trying by placing more bets. If you want to know, you need to place your bet and see if you are good at analyzing or just been lucky. But be careful, if you lose, you may want to test more and more so you need to have a good self control.

[peter0425]

If you want to know, you need to place your bet and see if you are good at analyzing or just been lucky. But be careful, if you lose, you may want to test more and more so you need to have a good self control.

I would say to just enjoy the process of betting and watching the sport. Do not think too much about it because that is when it can get all complicated. You may now be putting too much expectations on yourself which might as well just be pure luck. Some gamblers are good at analyzing but they can sometimes make mistakes, it is natural and common.

Sometimes however they also get lucky which is what could have happened to you. Either way you will always lose at some point but it does not mean that you will never win either. So just try to have fun and keep everything light.

[fruktik]

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?

Well, you yourself wrote about excessive confidence in your abilities. So what's the problem? And it is that you have no practical experience in this matter. You should definitely develop it and go through this to understand your abilities for the analytical process. Until then, you can chat as much as you like, but in reality, nothing will happen. Only actions can say at least something about a person.

Therefore, boldly dare and do not be afraid that you will be wrong. But never think that you have caught the bird of happiness and it is ready to work for you. This is a very stupid and dangerous misconception.

[DaNNy001]

Those that have been in the game for a long time can relate to this.. overconfidence is the reason why people stake so much in gambling, they become too sure of their strategy and most times the end result might not be very pleasant.. just because your predictions have been going smoothly doesn't mean that you are invincible, you need to be careful when you finally decide to place a bet.. no matter how sure you think your predictions might be always be on the safe side, stake what you can afford to lose, don't chase the market looking for Profit.

[Mr. Magkaisa]

Theres nothing wrong in making a prediction as in this workld there are no perfect. everything can be possibkle.
in a 99.99 prediction there is always 0.01 percent that can make that prediction wrong. what you need to control is your emotion.
Confidence is good, we make our decision before we are confident! but over confidence is a thing that will destroy you. so control it!

[Cityhunter34]

Confident is not always dangerous. Confidence often helps a person to do great things. Without confidence in you, you will procrastinate in most tasks.  Because when you don't have confidence you will be mentally weak and mental weakness never leads anyone to success. However, one's confidant does not work well in gambling. Because it depends on luck. And no one can ever change his destiny with a confidence. Gambling can be enjoyed with confidence which can add to the fun but gambling can never be won with confidence. so confidence is dangerous for gambling, I agree on that but not for others sectors

Having confident is quite good for us, but to be honest when it comes to gambling confident can never guarantee you winnings, rather it will going to lead one into more losses at the end of day. Because though as someone that is gambling with full confident when your predictions doesn't work out as planned, you most likely chase after your losses in gambling, due to the confident in you. However, I think is not quite good for a gambler to rely on confident when gambling because without luck on your side your confident is totally nothing.

[retreat]

-snip-

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?

This can be called a "Hot Hand Fallacy" you just believe that your success in predicting before will make you successful again in the next prediction. Moreover, what you do is just a claim, you don't really involve yourself in the real bet. Because when you involve yourself in the real bet, the results can be 180 degrees different from what you think. This can be quite risky for you, because you only bet based on your previous claim - and you could just be lucky first - but no one knows what your fate would be if you put your money on the real bet.

[Sanitough]

Theres nothing wrong in making a prediction as in this workld there are no perfect. everything can be possibkle.
in a 99.99 prediction there is always 0.01 percent that can make that prediction wrong. what you need to control is your emotion.
Confidence is good, we make our decision before we are confident! but over confidence is a thing that will destroy you. so control it!

I’d rather believe in a 50-50 chance for the outcome of my prediction than think on a tiny 0.01% chance that it could go wrong because that’s just not realistic. That’s the nature of gambling,  there are no guarantees, no matter how confident we are in our picks. If we can’t accept that we will experience losses along the way, then sports betting isn’t for us, and we’ll never be successful at it in the long run.

[Ricardo11]

Confident is not always dangerous. Confidence often helps a person to do great things. Without confidence in you, you will procrastinate in most tasks.  Because when you don't have confidence you will be mentally weak and mental weakness never leads anyone to success. However, one's confidant does not work well in gambling. Because it depends on luck. And no one can ever change his destiny with a confidence. Gambling can be enjoyed with confidence which can add to the fun but gambling can never be won with confidence. so confidence is dangerous for gambling, I agree on that but not for others sectors

Having confident is quite good for us, but to be honest when it comes to gambling confident can never guarantee you winnings, rather it will going to lead one into more losses at the end of day. Because though as someone that is gambling with full confident when your predictions doesn't work out as planned, you most likely chase after your losses in gambling, due to the confident in you. However, I think is not quite good for a gambler to rely on confident when gambling because without luck on your side your confident is totally nothing.

Being overconfident in gambling is not a good thing at all. Because gambling can never bring you a sure win, gambling is very dependent on luck, so what is the certainty of gambling? And what is gambling based on? your favorite team's game that's why so confident? Is your favorite team undefeated? Does this team never lose? Is there any guarantee that this team will definitely win? Actually this type of thinking is very negative, and because of this thinking, gamblers face a lot of losses, because they gamble with more money than they can afford because of their confidence, but in the end they face losses, and suffer huge losses. So it is important to have the right thinking, there is no such thing as certainty in gambling, so gambling with more money than they can afford is never reasonable.

[freedomgo]

Those that have been in the game for a long time can relate to this.. overconfidence is the reason why people stake so much in gambling,..

I agree with this, and I can also relate it to my own experience. For me, bankroll management is really important. No matter how confident I am in my pick, I try to control myself and not get too aggressive with my bets. For example, if my standard stake is $20 per game, and I feel more confident than usual, I might go up to $30.. I think that’s reasonable. But going all the way to $100 would be too much, especially if things don’t go as expected.

[Kelward]

There’s no wrong if you start betting based on what your prediction says, but let’s be straightforward, never bet an amount more than you can afford to lose. Your confidence is not all guaranteed safe and true, one mistake will eventually lead you to a bigger losses, and that’s one thing you should avoid so you won’t fail in your own trap. Yes, confidence is a dangerous thing, unless if you are in controlled of your emotions and learn to avoid things that will leave you in frustration.

You can't be overconfident in what you don't have control over it's outcome, so your confidence doesn't matter much in determining the result. Predictions means that you're not sure of what the result will be so you should focus on what you have a control over and that is the amount for the bet. It's been said many times and over again on this board that you should gamble with the amount that you can afford to loose, that is where you have the power to make decisions. I believe that it's overconfidence that will make somebody to use a huge amount of money to place bet but most times they lose, so confidence in gambling is not a guarantee for wins.

[Proty]

Yes confidence is indeed a dangerous thing when it comes to gambling because confident can make a gambler to put in all his life into a single game with the hope that the game will play . confidence will make a gambler to see gambling as not being a game of luck  but of much experience and skills.so to me having confidence while gambling is not just dangerous but detrimental to ones health because of the physiological effect that comes with losing one's more and also being disappointed.gambling is a game of luck and gambler's should always stake with what they can afford to lose and not to put confidence in any game for them not to be tempted into staking more than what they can afford to lose.

[iv4n]

...am i actually good at analyzing things or have i just been lucky?

Why not both? Good analytical skills increase the chance of winning, but again, you can't win without a little luck, and sometimes a lot of luck is needed.

Confidence is not a dangerous thing, we need to be confident in our actions/bets/moves... But we also need to accept loses and bad moves, if we are smart we will analyze what went wrong and we will try to be better next time. Winning & losing is part of gambling, and when we involve some money it can become tricky for our minds, especially if we are pushing the limits with our bets.

[Outhue]

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?

This is a part of the reason why some people believe that gambling is spiritual, some believe that the best way to be a gambler is giving calls to other gamblers, if this is what you are good at then do it and make money from it in return, I am sure that some platforms are fully based on giving gamblers predictions, and they make money someway, you can think about it.

A smart gambler from China also believes that gamblers shouldn't take more than 1% of what they win and give the rest to the public or else they will lose the power of predicting right, just like yours OP, I don't know how true is this but people from different countries do believe that there is more to gambling than we know.

They believe that some are gifted with gambling powers and if they win and eat all the wins alone they will start losing the power.