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

[Orpichukwu]

I have never really thought about consistently seeking profits in gambling, isn't that too difficult to do because the role of luck is very important in gambling, if I want to make money I would hope for trading because skills are very valid compared to gambling, because gambling results only depend a little on skills

It's really difficult to turn gambling into a place to make money, and so is trading, but with constant training on trading, one could master the market and make a profit out of it, not like gambling, where our skill can only aid us but can't secure winning, as the role of luck can't be underestimated.

[junder]

Yesterday, I managed to achieve a winning streak, which resulted in me drawing consecutive winnings, and if I'm not mistaken, it lasted four times. I think it happened because I was quite confident at the time, and I think it was my lucky day, allowing me to achieve a winning streak. But this isn't meant to suggest that I'm simply sharing my experience yesterday. The funny thing is, my friend called it "strange" because he himself has always failed to win, even a single win is difficult to achieve.

[Tinubu]

For me I think betting ain't about feeling confident or having the skills...but rather knowing something others don't and being ready to act on it...good Gamblers bet smart....not big

Even if you're skilled,you can still loose several times in a row....

In essence... The real skill here is knowing how much to bet (via cash)...
                        Not just knowing what to bet on....

Because if you keep placing large funds on wrong bets..you might probably just go broke before your skill gon pay off🤣🤣

[masulum]

In other words, trusting our own skills should be followed by wiser money management. Means that even if we trust our skills or we are so sure about the bet we are going to place, we should not place an amount exceeding our own limit. Our skills does not give winning guarantee especially in sports because something unexpected may happen in sports which makes our best analysis failed.

exactly, skill help us to find the best option and better decision before betting. But we still have lose percentage that might come to us. Just like poker game, we have skill and good control, and know how to hold, rise wisely, without money management and we are getting trapped with all-in bet because overconfident with the card on hand, we may ended with lose. Same as sport betting, even we have good analysis skill, the results not depend on our skill.

[Wakate]

It's really difficult to turn gambling into a place to make money, and so is trading, but with constant training on trading, one could master the market and make a profit out of it, not like gambling, where our skill can only aid us but can't secure winning, as the role of luck can't be underestimated.

Trading is different from gambling and that is why many people that are trying to learn about trading are not getting it right because of the work input involved for you to learn so many things about the market from technical analysis to chart reading, candle stick pattern and other that are important for traders to know so that they can analyze the market very well.

[püsür]

Without proper risk management, things can get really bad. At least one should have a budget for betting and a separate, real, solid budget for life spending. One shouldn't gamble the rent or food money for example, or the money they should be using for the family etc. The really important money. Other than that, I agree with betting more if you are skilful enough. More risk is more earnings of course. As I said, you should definitely not use money that is important for your life for betting. There should be money specifically for betting, and then you can place large bets with it. This is a better strategy. You should only bet with money you can afford to lose. You should not bet with money that would seriously affect your life if you lost it.

[Lida93]

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.

I think the same way, I don't see any reason to bet a lot in a casino, If I bet a lot, the risk of losing a lot increases, and that's dangerous Money is the only thing we should be Careful with when we're in a casinoWe must accept that the casino will always win and that we are just customers hoping for some luck Money will always be the greatest treasure we can protect.

That the gambler trusts his gambling skills doesn't make it a guarantee that every game he makes predictions on would come out clean as given. Betting more can lead to loss of control with no gambling limit you can go on losing back to the casino the profit you may have made. Should it be that am that well skillful with my predictions I would rather do it with moderation in a manner that I can maximise much profits than just wanting to always gamble more.

[danadc]

That the gambler trusts his gambling skills doesn't make it a guarantee that every game he makes predictions on would come out clean as given. Betting more can lead to loss of control with no gambling limit you can go on losing back to the casino the profit you may have made. Should it be that am that well skillful with my predictions I would rather do it with moderation in a manner that I can maximise much profits than just wanting to always gamble more.

You're absolutely right, I find that things go better when we don't force them, For example, if I see I'm winning, I don't bet any more Those who bet more obviously have greater financial capacity , I bet small amounts of money, but enough to have a good time and keep my hope of winning something alive, That's what it's all about.

[nullama]

Without proper risk management, things can get really bad. At least one should have a budget for betting and a separate, real, solid budget for life spending. One shouldn't gamble the rent or food money for example, or the money they should be using for the family etc. The really important money. Other than that, I agree with betting more if you are skilful enough. More risk is more earnings of course. As I said, you should definitely not use money that is important for your life for betting. There should be money specifically for betting, and then you can place large bets with it. This is a better strategy. You should only bet with money you can afford to lose. You should not bet with money that would seriously affect your life if you lost it.

Yeah, you need to have some kind of money management.

Otherwise, you will end up broke.

It is a negative return, so it is actually better to bet less if you want to play more.