If you really trust your skills, the key is to bet more, not less

[PX-Z]

...regardless of how good your analysis of the game is, the fact you dont control the final outcome excludes the talk of one's skill when it comes to gambling.
...

That's the most exciting part of being a gambler or bettor, something not everyone who gambles truly understands. Even when we're unsure about the outcome, we still take the risk, and when those risks eventually pay off, the wins give us a rush of satisfaction and make the experience feel worth it.

[Iroh]

Basically, being confident in our analytical abilities is a good thing. But when you are overly confident, it can sometimes cause problems. One of the reasons people increase their bets is because of overconfidence. Here, self-control and discipline are very important to avoid getting involved in bad gambling. Because if you get used to raising the stakes, some gamblers may feel indifferent about betting as usual. So, to get the adrenaline they need, they increase the stakes.

Being overconfident can sometimes go on to be damaging as it could sometimes lead to a negative and somewhat destructive outcome. It happens to gamblers all the time. When they get cocky and overconfident in their skills and abilities which in turn leads down the path of self destruction.
Yeah, one of the reasons why people increase their bets is when they're on a winning streak and due to being confident on their bets, go on to increase their bets so as to win even more money. The trick is to remain level headed and never get too cocky that you falsely get the feeling of being able to do anything. That normally doesn't end up well.

[iBaba]

Hell no bro, I do not trust my gambling skills at all...  I am not even going to pretend. For me gambling is more like pure luck, it is not any actual skill..  
Once I start betting more, that is exactly when things go sideways for me..  So yeah, I am definitely not doubling anything, I just play small because I already know it is more of luck on my end, nothing more..

If you are betting on sports, then do not depend on luck. Focus on improving your skills and analysis the teams. You will realize your mistake in a very short time. Relying on luck to win a bet means that you are lazy and overly dependent on luck. The chances of winning in other gambling games depend mostly on luck. When it comes to winning a bet on sports both skill and luck can be responsible for almost equal amounts.

I quite agree with you on this but do not entirely agree with you because no matter how skillful you are, sports betting is still built on lucks. Lucks do play a major role in all gambling games but in terms of sports betting, learning the game by understanding the team stats, the composition of players also known as the squad depth.

In sports betting the general advantage is that bigger teams to have bigger chances over smaller teams and bigger teams do comprise of bigger players and clubs with small players have slimmer chances, however there are other factors to consider for example you could have a big club scored by a small club because the players of the i bigger clubs do face injuries and other internal crisis that make them lose even to clubs that are in relegation

[Jody.Drummer]

If you rely solely on luck in sports betting, that's certainly a mistake. You're right, it's better to focus on improving your skills and analyzing teams, as this can give you a greater chance of winning than relying solely on luck. Furthermore, sports betting requires skill, and relying solely on luck isn't enough, except in casino games like slots or roulette.
It's true that luck plays a role in all forms of gambling, but in sports betting, skill seems to have a slightly higher percentage, perhaps around 6/4.

Gambling always has luck involved but depending on the type of game the balance between luck and skill changes in casino games like slots or roulette you’re right it’s purely luck there’s nothing you can study or control but in sports betting things are a bit different knowledge and preparation actually give you an edge.

The more you understand the game you’re betting on the teams the players the stats and even external factors like weather or lineup changes the better your chances become but this doesn’t mean you’ll always win it just means your losses won’t feel random you’ll start seeing patterns and making more calculated choices instead of blind guesses. Still you’re doing the smart thing by keeping your bets small since that helps you enjoy it without pressure even the best analysts lose sometimes so keeping your stakes low protects your bankroll and your peace of mind think of it this way: skill helps you lose less often but luck still decides when you win big.

That's what I think. Indeed, in sports betting, skill, knowledge, and preparation do have a greater advantage than luck. Therefore, relying solely on luck in sports betting, poker, or other skill-based games is a mistake.
Yes, with adequate skills, we can reduce the chance of losing, but that doesn't guarantee victory. You're right; skill helps us lose less often, but luck still determines the final outcome.

[aysha9853]

I don’t really agree with this idea of trusting skills in betting you can do everything right and still lose because the outcome is never fully in your control.

[Oluwa-btc]

I believe you have already said it all. Trusting one skills in gambling doesnt make a gambler to bet more because everything depnd on the gambler's mindset on taking the risk of playing more games.
Some gamblers like to like to take lower and get satisfied with the few bucks they are going to win rather than taking high risk to win high rewards despite knowing they have the skill and what it takes to win the game.
Having said that, we always talk about going for what we can only afford to lose, but the fact is that gamblers who can not take a high risk won't win something huge through gambling.

Inasmuch as you always trust you're skills, it doesn't guarantee you to gamble so loosely to the point of financial losses.Perhaps even with your skills,your not in full control of your winnings and your discipline is what you should consider when placing serious bets.Don't let anyone persuade you into believing you're actually gambling right relying on your skills alone.

[Dr.Bitcoin_Strange]

I don’t really agree with this idea of trusting skills in betting you can do everything right and still lose because the outcome is never fully in your control.

Thanks for stressing this, some people think that their skill in sports betting makes them a god, they sometimes even think that strategies and skill can be trusted in slot games, even if it would work very well to a certain degree in sports betting, it doesn't work like that in slot games. A gambling that is staking so much because they believed in their skill, will end up becoming compulsive because they  expect to win and when the winning is not coming frequently, they can get compulsive.

[Mr_Brilliant$]

I don’t really agree with this idea of trusting skills in betting you can do everything right and still lose because the outcome is never fully in your control.

This is fact , Betting is not like normal skill at all, You can analyze and do all you things right, and still lose because last last, the final outcome is not in your hands.

That is why I do not fully buy the idea of trusting skill 100% in betting….  Skill might be able to reduce mistakes yes, but it can not remove uncertainty.. There is always that luck you can not control, and once you start to forget that, you will start been overconfidence and chasing losses..  So yeah, no matter how good you are, betting will always carry risk and uncertainty..

[suzanne5223]

I believe you have already said it all. Trusting one skills in gambling doesnt make a gambler to bet more because everything depnd on the gambler's mindset on taking the risk of playing more games.
Some gamblers like to like to take lower and get satisfied with the few bucks they are going to win rather than taking high risk to win high rewards despite knowing they have the skill and what it takes to win the game.
Having said that, we always talk about going for what we can only afford to lose, but the fact is that gamblers who can not take a high risk won't win something huge through gambling.

Inasmuch as you always trust you're skills, it doesn't guarantee you to gamble so loosely to the point of financial losses.Perhaps even with your skills,your not in full control of your winnings and your discipline is what you should consider when placing serious bets.Don't let anyone persuade you into believing you're actually gambling right relying on your skills alone.

You have a point, but one side is not enough to get the job done. I mean, being disciplined is not enough for a gambler because a gambler can be disciplined but never have the understanding or knowledge of fund management.
Second, when i was talking about skill, I was referring to games that are skill based game because having the required skill will determine the game level of success.

[Agbe]

I don’t really agree with this idea of trusting skills in betting you can do everything right and still lose because the outcome is never fully in your control.

This is fact , Betting is not like normal skill at all, You can analyze and do all you things right, and still lose because last last, the final outcome is not in your hands.

That is why I do not fully buy the idea of trusting skill 100% in betting….  Skill might be able to reduce mistakes yes, but it can not remove uncertainty.. There is always that luck you can not control, and once you start to forget that, you will start been overconfidence and chasing losses..  So yeah, no matter how good you are, betting will always carry risk and uncertainty..

We should not bring skill into gambling because it doesn't work. Skill is something that you have gone to learn which has to do with a hand work and doesn't really apply to Gambling. No body can learn gambling and understand it in detail to be considering it as a skill, winning in gambling is just random that is why alot of people see winning in gambling as just luck and nothing more or less. Understanding this important fact about gambling will help alot of gambler's overcome gambling related problems. Nobody should confuse you with the concept of skill with gambling it doesn't apply.

[Fredomago]

I believe you have already said it all. Trusting one skills in gambling doesnt make a gambler to bet more because everything depnd on the gambler's mindset on taking the risk of playing more games.
Some gamblers like to like to take lower and get satisfied with the few bucks they are going to win rather than taking high risk to win high rewards despite knowing they have the skill and what it takes to win the game.
Having said that, we always talk about going for what we can only afford to lose, but the fact is that gamblers who can not take a high risk won't win something huge through gambling.

Inasmuch as you always trust you're skills, it doesn't guarantee you to gamble so loosely to the point of financial losses.Perhaps even with your skills,your not in full control of your winnings and your discipline is what you should consider when placing serious bets.Don't let anyone persuade you into believing you're actually gambling right relying on your skills alone.

You have a point, but one side is not enough to get the job done. I mean, being disciplined is not enough for a gambler because a gambler can be disciplined but never have the understanding or knowledge of fund management.
Second, when i was talking about skill, I was referring to games that are skill based game because having the required skill will determine the game level of success.

You've got a better chance if you have the right skillsets and good understanding about the game but still not a guarantee that you'll always win, still inside gambling after all, there's no one aside from the house that will secure for a profits, but in the gambler side even how you trust your skills upset can still happen and can still mess with your finances, that's why good money management is also a factor if you can  minimize your loses to extend your stay, though still depend from how you set things up and how high or low your apetite in terms of risking your hard earned money.

[Victorybit1]

Trusting your skills doesn't mean that you should take careless risks because gambling doesn't really have a guaranteed outcome of being favourable. Being skillful when it comes to predicting games doesn't mean that you are invincible, you can reduce the chances of losing by applying skills but it doesn't automatically make you a profitable bettor, always be on the safe side by betting safely

[Y3shot]

I don’t really agree with this idea of trusting skills in betting you can do everything right and still lose because the outcome is never fully in your control.

Thanks for stressing this, some people think that their skill in sports betting makes them a god, they sometimes even think that strategies and skill can be trusted in slot games, even if it would work very well to a certain degree in sports betting, it doesn't work like that in slot games. A gambling that is staking so much because they believed in their skill, will end up becoming compulsive because they  expect to win and when the winning is not coming frequently, they can get compulsive.

Having so much skill in sport betting their is no guarantee that it will make one to win, even with the good skill in gambling you still stand chanced of losing in gambling.  Gambling will always be gambling and i think their shouldn't been any reason for one to think skill, knowledge can guarantee gambling win. It is good to have skills and to understand gambling,  but it is very important to never to rely on eBay you think can make you win gambling because it is a game of luck and that cant be predicted.

[Josefjix]

...regardless of how good your analysis of the game is, the fact you dont control the final outcome excludes the talk of one's skill when it comes to gambling.
...

That's the most exciting part of being a gambler or bettor, something not everyone who gambles truly understands. Even when we're unsure about the outcome, we still take the risk, and when those risks eventually pay off, the wins give us a rush of satisfaction and make the experience feel worth it.

But the positive outcome cant be possible everyday, what OP is meaning is to be successful everyday and never to fail a day to reach the milestone of 5k dollars after 100 bets. No matter the analysis, the positive result wont be consistent but that shouldnt be the reason while you call yourself a skillful bettor. I personally dont support betting more but less, a clear trial of one bet daily with minimal risk is pretty better.

[gunhell16]

I’ve been playing around with some numbers lately. Let’s say you have a $1,000 bankroll and you’re staking $50 per game. If you can keep a 55% win rate over 100 bets, that’s already around $500 profit. But if you stretch that to 1,000 bets, still at 55%, that turns into roughly $5,000 profit .. without even increasing your bet size.

That’s why I think the real edge comes from volume. If you’re confident in your skill, the more bets you take (with proper bankroll management of course), the more your edge compounds. It’s not about hitting one big parlay, it’s about letting the math play out over time.

Most bettors stop too early or get emotional after a few losses. But if you truly trust your process and your read on the games, the numbers show that consistency and volume are what separate skilled bettors from lucky ones.

These kinds of discussions are not advisable for newbies who are entering this crypto gambling industry. It seems too good to be true that we will use our skills in gambling, which we think can give us huge profits in the future.

Also, what kind of skills are you referring to that we can use in this field of crypto space? I'm a bit curious because maybe the skills I'm thinking of are different from what you're saying, bro. It's also for the clarity of our other companions here who might not know either.

[Hispo]

Your calculations could be accurate and it is true someone could make some money if they remain consistent enough through time with a positive rate of success on sport betting, but here is the catch: most people cannot remain consistent in the short or mid term and they deplete their bankroll before they can accumulate an important volume.

So it is not as easy as betting constantly as you make it sound, otherwise, there would be millions of people who would only depend and make a living off betting on sports, they would not need to work anymore.

Since that is not the case, then I am afraid it is not so easiy as betting more, one cannot keep a success rating steadily.

[Derekfunds]

If you rely solely on luck in sports betting, that's certainly a mistake. You're right, it's better to focus on improving your skills and analyzing teams, as this can give you a greater chance of winning than relying solely on luck. Furthermore, sports betting requires skill, and relying solely on luck isn't enough, except in casino games like slots or roulette.
It's true that luck plays a role in all forms of gambling, but in sports betting, skill seems to have a slightly higher percentage, perhaps around 6/4.

Gambling always has luck involved but depending on the type of game the balance between luck and skill changes in casino games like slots or roulette you’re right it’s purely luck there’s nothing you can study or control but in sports betting things are a bit different knowledge and preparation actually give you an edge.

The more you understand the game you’re betting on the teams the players the stats and even external factors like weather or lineup changes the better your chances become but this doesn’t mean you’ll always win it just means your losses won’t feel random you’ll start seeing patterns and making more calculated choices instead of blind guesses. Still you’re doing the smart thing by keeping your bets small since that helps you enjoy it without pressure even the best analysts lose sometimes so keeping your stakes low protects your bankroll and your peace of mind think of it this way: skill helps you lose less often but luck still decides when you win big.

That's what I think. Indeed, in sports betting, skill, knowledge, and preparation do have a greater advantage than luck. Therefore, relying solely on luck in sports betting, poker, or other skill-based games is a mistake.
Yes, with adequate skills, we can reduce the chance of losing, but that doesn't guarantee victory. You're right; skill helps us lose less often, but luck still determines the final outcome.

It also appears that sometimes skill do actually work but I'm not totally convinced about that because no matter the amount or level of skill we still make loss and when you said skill help us reduce loss how do you mean? Is it that, it will help us not to risk our money too much or what? I use to also say this but sometimes I got confused because of how gambling work at times because without luck we are nothing, our winning depends on luck and not skill and knowledge and I believe knowing that our winning depend on luck will help us not to take too much risk.

[PX-Z]

But the positive outcome cant be possible everyday, what OP is meaning is to be successful everyday and never to fail a day to reach the milestone of 5k dollars after 100 bets. No matter the analysis, the positive result wont be consistent but that shouldnt be the reason while you call yourself a skillful bettor. I personally dont support betting more but less, a clear trial of one bet daily with minimal risk is pretty better.

It' $5k profit in 1000 bets, or $500 profit in 100 bets.

Regardless how many times you lose out of 100 bets, a 55% or higher win rate is already considered skilled. If you keep your bet size consistent, that win rate is enough to stay profitable in the long run. You don't need to win and successful everyday for that to happen. It's not about winning every bet, it's about discipline, consistency, and understanding the math. Emotions and overbetting are what usually ruin a good edge.

[TopT3ns]

It also appears that sometimes skill do actually work but I'm not totally convinced about that because no matter the amount or level of skill we still make loss and when you said skill help us reduce loss how do you mean? Is it that, it will help us not to risk our money too much or what? I use to also say this but sometimes I got confused because of how gambling work at times because without luck we are nothing, our winning depends on luck and not skill and knowledge and I believe knowing that our winning depend on luck will help us not to take too much risk.

The technical skills are in fact a calculating aid to reduce the risk of failure in the case of absolute uncertainty. It is true that we cannot tell the last result but the knowledge gives us the chance to know when to move or not to move at all. Fortune is merciless, yet leaving its destiny to chance and not reckoning will only put a company at a faster pace toward bankruptcy. I notice that you are starting to understand that skills are just a protection and not an unquestionable victory.

[batang_bitcoin]

I believe that in the long run, we gamblers are going to lose and if we're not careful to take profits along our way as we gamble, we're wasting money in the end. While if someone is really that skillful and have a high chance of percentage in their winnings, they're free to do that however they want. But what we can guarantee is, the outcome will never be the same and it can be spontaneous, random. I won't make myself be called as skilled in gambling and that it won't trigger me to gamble more.