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Author Topic: confidence is a dangerous thing  (Read 1323 times)
Kristiyana
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April 02, 2025, 09:21:24 PM
 #181

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?


You know this feeling of yours can easily make one to lose all the money he profited from gambling and also together with your capital. If you made a two claims that ended up being true of course is a normal thing in gamble most gamblers can even be lucky to experience 2 to 3 winnings in a row but that doesn't mean that they're expert predictors, rather they're just being so lucky to win in the initial time. Just so you know that for the fact that you made 2 claims that ended up being true does not mean that you're good at analyzing, rather you're just being so lucky to win.

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April 02, 2025, 09:51:46 PM
 #182

It's easy to get confident when you are on a winning streak, many gamblers at this phase feel like they have a winning strategy that can constantly out them in profit forgetting that anything can happen in gambling. It's a game of luck, it's possible to win 5 times in a row and it's also possible to lose 5 times in a row, this is why you must always be careful about how you much you stake on any bet. Don't let overconfidence make you stake too high on any bet no matter how sure it might be. Gambling has a way of disappointing even after doing a proper research.
Honestly, we can't celebrate early in gambling because we are just relying on luck, and at any time, the course changes. One common mistake that happens the most is to increase bets because they feel lucky. This kind of approach is quite dangerous, and I admit that I'm doing this thing. But I've learned already that controlling ourselves is very important in gambling. Greed will never make us earn more rather, it will give us losses.

That is why only a few gamblers earn money because of the lack of self-control. We tend to believe that our luck lasts long, but it never does.
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April 02, 2025, 10:01:43 PM
 #183

No matter which way you would really be trying to choose on but still you would really be ending up on having those cons or negative aspects too. When you are that too confident then it might be that causing up that too much betting you do made, if you are trying out to hesitate then you wont really be having any progress or chances that you would be able to win up something because you havent been able to put up something. Everything will really be having its own effect on which you would really be needing up to consider you cant really just that make yourself that trying out to grasps on everything on which when it comes to betting then the always key to have a non stressful way on dealing it is to make use of the amount on which you can afford to lose and having some fun. Dont think about anything else because this was meant in the first place on have such fun. There are really just that those moments on whom you do really believe that you are really just that too good on making up some bets on which this will really be that bringing out that kind of confidence. lol
No one is willing to admit that paradox. Overconfidence will sink you, hesitation will freeze you, and trying to exactly balance both will cause you to fall. Good luck. This is not about putting money down. Your whole operating system for life is this. Your handling of your money, your dating behavior, the job you pursue, even the dumb coffee you take without considering it. The same damned wiring is used. Every action you do will always leave "cons," always without exception. The trap is believes there is a straight path.

People fix on discovering this mythical "optimal" approach to live: confident but not too much, cautious but not too afraid. It’s pointless. See you are always paying a cost. Either you pay later regretfully or you pay upfront with risk. No free lunch. Never was. Of course, fun gets less importance. People overlook that. This constant need to “win” turns life into a job. Betting, business, anything. Using what you can lose without self-torture makes it much more fun. However, if you find it difficult to separate from the result, even your "fun" is really disguised stress. Own your losses. Own your choices. Or you’ll never own anything at all.
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April 02, 2025, 10:03:10 PM
 #184

There are some scenarios where we learn better the hard the way, if you keep getting advise from people to tell you what to do, you may end up not deeming the advice as valuable. I believe  in personal experience too much words will only limit you to a certain amout of knowledge.  If you probably  place the trade to the way you feel comfortable with and end up losing it, then you'll  discover  for yourself that gamble is a game of luck, and we can't be luck all the time. But if the harken to advise from others, there is a possibility that you can make a wrong decision at the right time and possible with a huge amount because you've already conceived in your mind that it's easy  to money from gamble.

Having self confidence in what you do is a goal, you can't be doing something and wait for others to boost your confidence, it's your duty to make ttat call and if it works that's on your luck and if doesn't, it's your responsibility to adjust because you can't be wrong all the time and you can't be right all the time, it's your understanding that is going to determines if your loss is going to be more than your profits or if your profits is going to be more than your loss.

As a gambler, if you are learning about confidence, learn to use your instinct for somethings, there are times that your skill will be giving signs that are not given but technically you think it's still okay to leave it and then continue, if in this case your instinct is telling you to cashout or take the profit you have, you try to ignore but the thought come backs, kindly take the cashout and that's the best you can do for the amount been made.

R


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April 02, 2025, 10:10:13 PM
 #185

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?


You know this feeling of yours can easily make one to lose all the money he profited from gambling and also together with your capital. If you made a two claims that ended up being true of course is a normal thing in gamble most gamblers can even be lucky to experience 2 to 3 winnings in a row but that doesn't mean that they're expert predictors, rather they're just being so lucky to win in the initial time. Just so you know that for the fact that you made 2 claims that ended up being true does not mean that you're good at analyzing, rather you're just being so lucky to win.
There is this dude I knew for sometime here in my area where I live, he plays our local lottery game every day, he was working as a bikeman, so he was possibly seeing good money from the work and spends part of the money on lottery games every day.

A week came when he won the lottery game twice in one day, the second day, he won once, and the third day, he won twice again, all consecutively, he made good money in every of this win and I believe he started staking even higher than he was initially staking before because he believed the winning will keep coming, but unfortunately for him, he was wrong.
After those wins, he never won again for more than 2 months of playing everyday like he used to, at a point, I no longer see him in my neighborhood and when I asked, I was told he has relocated to another neighborhood because people began to query abuse him for having the opportunity of winning a huge amount of money and still wasting it all on the same game.

Winning 2 or 3 times consecutively in gambling should not be seen that the gambler has become perfect in making good analysis and choosing good winning games, it's all simply on luck (at least, most of the time.)

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April 02, 2025, 10:22:13 PM
 #186

Okay I want you to understand that betting is quite different from any other thing,in betting I don't think its real for someone to make a consistent predictions in gambling, you can be lucky to make one or two betting correct but it can't continue as you may think, gambling is diabolic in the aspect that you can't predict accurately always, theirs no confidence in prediction, a prediction is a thinking which we are not sure of the outcome.

R


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April 02, 2025, 10:42:00 PM
 #187

You have to be very careful about the confidence that you put on things, when you are too sure you risk making mistakes and it is a moment then losing control and losing everything, I know people, my friends who have bet a lot because they thought they will never be wrong, but then in the end being sure of what they did they were wrong and lost everything, bissing being prudent and not always risking everything
Sometimes for some people to learn about confidence, they need to be hit by disappointment for trusting themselves too much in something which they should never have; your friends who have lost a lot in gambling because they have too much confidence in their game have learnt their lesson. You don't need to tutor them again about it; even if they want to place a bet on games they predicted, they will approach with caution, knowing fully well that they don't control the game outcome like they think they did before.

 
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R


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April 02, 2025, 10:54:06 PM
 #188

You have to be very careful about the confidence that you put on things, when you are too sure you risk making mistakes and it is a moment then losing control and losing everything, I know people, my friends who have bet a lot because they thought they will never be wrong, but then in the end being sure of what they did they were wrong and lost everything, bissing being prudent and not always risking everything
Sometimes for some people to learn about confidence, they need to be hit by disappointment for trusting themselves too much in something which they should never have; your friends who have lost a lot in gambling because they have too much confidence in their game have learnt their lesson. You don't need to tutor them again about it; even if they want to place a bet on games they predicted, they will approach with caution, knowing fully well that they don't control the game outcome like they think they did before.
Most time disappointment does not make us confident, rather it makes ur weak and weekends for those that are not that strong.
We ought to be strong and this is based on the kind of person we are, whether we are kind of person that like facing any challenges or someone that is always weak when they face challenges. Our mental state is what is going to determine whether we are strong and ready to take and disappointment that will make us strong as time goes on. There are people that are more motivated when they are weak especially when they see people striving and doing well.
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April 02, 2025, 10:54:37 PM
 #189

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?

For me i would have said you should bet money on it this time around and see how it goes because if you don't fantasize your experience, you won't know the reality of it. When you bet and it doesn't work same as when you were making mere predictions without actually betting, it will make you become more careful and know that it can be natural to just see things the way the work without getting involved because if you do, you will be seeing things in a different direction. If you are making some analysis without betting and they are working for you, it does not mean that you are smart but it could be that those periods are just your lucky days.

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April 02, 2025, 11:20:54 PM
 #190

Okay I want you to understand that betting is quite different from any other thing,in betting I don't think its real for someone to make a consistent predictions in gambling, you can be lucky to make one or two betting correct but it can't continue as you may think, gambling is diabolic in the aspect that you can't predict accurately always, theirs no confidence in prediction, a prediction is a thinking which we are not sure of the outcome.
The name is also a prediction, of course the results are uncertain, right? In gambling, who has to make wrong predictions, even if we examine the ratio of predictions that we spend more losing than winning.
The last gambling victory always depends on luck, and this game must be made fun so as not to be too sad if you lose.
I always make predictions - whatever the result will be accepted.



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April 02, 2025, 11:39:16 PM
 #191

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?
Go for it if you trust your instincts as there's no harm in trying. I suggest you to start betting with low amount at first and when you get good at sport betting then overtime you can make it better.

 
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April 03, 2025, 11:06:38 AM
 #192

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?

For me i would have said you should bet money on it this time around and see how it goes because if you don't fantasize your experience, you won't know the reality of it. When you bet and it doesn't work same as when you were making mere predictions without actually betting, it will make you become more careful and know that it can be natural to just see things the way the work without getting involved because if you do, you will be seeing things in a different direction. If you are making some analysis without betting and they are working for you, it does not mean that you are smart but it could be that those periods are just your lucky days.
Perhaps we can never say we are right until we try it. Many gamblers assume that their predictions are correct because of the same strategy that applied when they won in the past. But in the end, they lose.

Honestly, it was difficult to become confident in gambling, where we just relied on luck. It doesn't matter if this strategy worked in the past, as we can no longer expect it to work again. I think we have to understand that all of our predictions are just a sort of wild guess. It means that it can be right or wrong.


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April 03, 2025, 01:23:53 PM
 #193

Okay I want you to understand that betting is quite different from any other thing,in betting I don't think its real for someone to make a consistent predictions in gambling, you can be lucky to make one or two betting correct but it can't continue as you may think, gambling is diabolic in the aspect that you can't predict accurately always, theirs no confidence in prediction, a prediction is a thinking which we are not sure of the outcome.

In the sense that no matter how accurate our predictions are in gambling, if luck is not on our side, the related predictions will be wrong. The victory obtained in gambling is certainly from the luck alone, but it is better to believe in yourself to place a bet than the results of other people's predictions, even though the final result is a win or a loss, we can feel satisfied because the bets we make do not depend on other people.

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April 03, 2025, 04:20:38 PM
 #194

Confidence is not a dangerous thing but over-convidence is.
When it comes to sports betting, how can we place bets if we are not confidence with our prediction, should we place bets that we doubt? Ofc not, right?
The most important thing is that we are still under control when we are confidence with our predictions.
Under control here is about the bet amount we are going to place, we should confidence with our bets but we should have a limit on how much to bet so we wont regret it much if we lose the bets which we are confidence with.

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April 03, 2025, 08:46:15 PM
 #195

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.

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April 04, 2025, 07:20:50 PM
 #196

It's easy to get confident when you are on a winning streak, many gamblers at this phase feel like they have a winning strategy that can constantly out them in profit forgetting that anything can happen in gambling. It's a game of luck, it's possible to win 5 times in a row and it's also possible to lose 5 times in a row, this is why you must always be careful about how you much you stake on any bet. Don't let overconfidence make you stake too high on any bet no matter how sure it might be. Gambling has a way of disappointing even after doing a proper research.
Even on a losing one, because we believe that the next one will now be a win but this is not true because gambling works randomly. That being said, there is no such thing as strategy here. Maybe we can say that it was our lucky day but nah. Gambling luck doesn't last that long. No casino will survive with that. 5 times win a row is already impressive but if for me, I think I'm not brave enough to risk high for this and then risk more for more.

But, if let say I'm already there, I will only be thankful and stop. Same goes for the other 5 times lose. My wife actually have this saying ; That if one or a few bets are negative then we are just bad luck that day. We proved this already tho a lot of times.

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April 06, 2025, 07:09:24 PM
 #197

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.

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April 06, 2025, 07:31:27 PM
 #198

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.
Confidence has nothing to do with how successful an individual is in gambling because you may be intusiestic and confident about your gambling but it's different from the reality on ground, gambling is a scheme that has been designed to favour a limited number of people so I don't see what confidence and winning in gambling , gambling should not be taken serious by any one because it is something that is targeting people money

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Koadharber
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April 06, 2025, 08:18:06 PM
 #199

It's easy to get confident when you are on a winning streak, many gamblers at this phase feel like they have a winning strategy that can constantly out them in profit forgetting that anything can happen in gambling. It's a game of luck, it's possible to win 5 times in a row and it's also possible to lose 5 times in a row, this is why you must always be careful about how you much you stake on any bet. Don't let overconfidence make you stake too high on any bet no matter how sure it might be. Gambling has a way of disappointing even after doing a proper research.
Even on a losing one, because we believe that the next one will now be a win but this is not true because gambling works randomly. That being said, there is no such thing as strategy here. Maybe we can say that it was our lucky day but nah. Gambling luck doesn't last that long. No casino will survive with that. 5 times win a row is already impressive but if for me, I think I'm not brave enough to risk high for this and then risk more for more.

But, if let say I'm already there, I will only be thankful and stop. Same goes for the other 5 times lose. My wife actually have this saying ; That if one or a few bets are negative then we are just bad luck that day. We proved this already tho a lot of times.
On the moment that you are already chasing up your loses then it do already signifies that you are already addicted into it and this is something that you should be avoided in the first place because on the moment that you've been that impulsive because you've been hoping that you can make money on the next roll on which we do everyone knows that everything will be that required with that luck on every roll on which simply means that you cant be able to rely and having that kind of optimism at the time that you are suffering consecutive loses on which this is something that you must be avoiding or must that stop completely before things becomes that even more severe when it comes into this aspect. We do know that on the moment that things becomes messy then this is the time that we do make out those regrets and banging up the wall just because you've been doing such bad stuffs because you cant be able to make yourself stop earlier and now that you have lost big time then it do becomes a big problem.

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April 06, 2025, 09:46:59 PM
 #200

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 not adviceable to have so much confidence because it will always fail you since you lose track of yourself and feel there is nothing stopping you from winning, such confidence ends up disgracing you because you can never what you are so confident about .

Over people do not have self control and can't manage situations they find themselves, they also shows impatient, lack regards for people's opinions, they make people feels bad.
It causes poor decision making, under estimating people's ability.
As a gambler you need to avoid this habit so that you can flourish in gambling.

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