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Author Topic: What is your confidence score?  (Read 238 times)
stadus (OP)
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Today at 08:56:06 AM
 #1

When you bet on sports, how do you rate your confidence really?

I always see people saying 100% sure, max confidence, free win and all that, then later the pick gets destroyed. So I keep wondering if that confidence really means anything, or if we just hype our own bets too much in our head.

Be honest, when you say 70%, 80%, or 90% confident, does that actually match your results in the long run? Or do you later realize your confidence was way higher than the real edge?

For me, one of the biggest problems in sports betting is not only picking the wrong side, but judging a bet like it is stronger than it really is. Sometimes it is emotion, sometimes loyalty to a team, sometimes chasing a loss, sometimes the odds just look too tempting so you ignore the bad signs.

So what about you, what is your real score when judging your bets? And what weakness do you notice most in your own style?

Maybe if people answer honestly, we can have a decent discussion and maybe learn something from each other.
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Today at 09:03:27 AM
 #2

When you bet on sports, how do you rate your confidence really?

I always see people saying 100% sure, max confidence, free win and all that, then later the pick gets destroyed. So I keep wondering if that confidence really means anything, or if we just hype our own bets too much in our head.

Be honest, when you say 70%, 80%, or 90% confident, does that actually match your results in the long run? Or do you later realize your confidence was way higher than the real edge?

For me, one of the biggest problems in sports betting is not only picking the wrong side, but judging a bet like it is stronger than it really is. Sometimes it is emotion, sometimes loyalty to a team, sometimes chasing a loss, sometimes the odds just look too tempting so you ignore the bad signs.

So what about you, what is your real score when judging your bets? And what weakness do you notice most in your own style?

Maybe if people answer honestly, we can have a decent discussion and maybe learn something from each other.

Mine maximum is 80-85% and that is because I know that even when all facts, news and informations about the event is all pointing out to the obvious choice with a low odd usually at a maximum of 1.4 to 1.55 I know there maybe outside factors not taken into consideration when I choose the event to bet on. For outside factors I include weather which impacts games but rarely the weather is that bad and I also include referees which can demolish anything as they have full power over the event they are arbitrating.


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Today at 09:07:02 AM
 #3

No matter how confidence that you are, you confidence score should not be more than 50%. The score should be about how you make profit. But in reality, the score should be less than 50%.

You can see the odds for good teams to be very low in a way that the gambling sites are just using us all to make money in long term. So the confidence score should even be lower than 50% but I set mine at slightly less than 50%.

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stadus (OP)
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Today at 09:14:16 AM
 #4

No matter how confidence that you are, you confidence score should not be more than 50%. The score should be about how you make profit. But in reality, the score should be less than 50%.

You can see the odds for good teams to be very low in a way that the gambling sites are just using us all to make money in long term. So the confidence score should even be lower than 50% but I set mine at slightly less than 50%.
That means you can’t really bet a significant amount if your confidence is only around 50% or even less.

If that’s the case, then you’re basically just gambling on pure luck, right?
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Today at 09:18:01 AM
 #5

That means you can’t really bet a significant amount if your confidence is only around 50% or even less.

If that’s the case, then you’re basically just gambling on pure luck, right?
I have things to use money to do than to think of using it to gamble. Yes, I can not use significant amount of money to bet because I know that betting is very risky and the betting sites are making huge amount of money from us. If you face the reality, it is not good to use significant amount of money to bet.

I make analysis before betting but I use very small amount of money to bet.

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Today at 09:19:52 AM
 #6

When you bet on sports, how do you rate your confidence really?

I always see people saying 100% sure, max confidence, free win and all that, then later the pick gets destroyed. So I keep wondering if that confidence really means anything, or if we just hype our own bets too much in our head.
Confidence in your bets is nothing more than a feeling of accuracy of your prediction, it is native to each gambler and has no correlation with the real game. You can see this from the angle that a gambler's 100% sure prediction can be rated 50% by another, so it is just an assurance you get from within you when predicting games of a higher degree of playing out based on your thinking and/or analysis and research, most games would still fall your hand no matter your confidence.


Quote
Be honest, when you say 70%, 80%, or 90% confident, does that actually match your results in the long run? Or do you later realize your confidence was way higher than the real edge?
It only matches few times as end results sometimes ends up disappointing. When you spend lots of time analyzing your bets, you can't help but view the games as already won, but reality sometimes have a different side of the coin to deal you.

Quote
For me, one of the biggest problems in sports betting is not only picking the wrong side, but judging a bet like it is stronger than it really is. Sometimes it is emotion, sometimes loyalty to a team, sometimes chasing a loss, sometimes the odds just look too tempting so you ignore the bad signs.
Sometimes it is the sports session itself, there can be development in an ongoing match that can invalidate your picks, not that your confidence in your picks was misplaced, but execution time faults messed you up. In football matches, some direct red cards can mess up a team performance like what we say yesterday.

Quote
So what about you, what is your real score when judging your bets? And what weakness do you notice most in your own style?
My weakness in that I judge with past performances and team form and neglect any possible in-game limitations like player ineffficiency that can invalidate my picks.

 
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Today at 09:22:26 AM
 #7

No matter how confidence that you are, you confidence score should not be more than 50%. The score should be about how you make profit. But in reality, the score should be less than 50%.

You can see the odds for good teams to be very low in a way that the gambling sites are just using us all to make money in long term. So the confidence score should even be lower than 50% but I set mine at slightly less than 50%.

Nothing is certain in gambling, so confidence level is just a waste of time. Favourites can end up losing even at home, like in the case of Barcelona against Atletico Madrid yesterday in the UEFA Champions League. A slight mistake or booking against a player can change the trajectory of the game.

So my confidence level is slightly above 50%. And this is why I don't use a substantial amount for gambling. I have learned hard lessons from sports betting, so I am careful not to take on much risk.

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Today at 09:23:11 AM
 #8

No matter how confidence that you are, you confidence score should not be more than 50%. The score should be about how you make profit. But in reality, the score should be less than 50%.

You can see the odds for good teams to be very low in a way that the gambling sites are just using us all to make money in long term. So the confidence score should even be lower than 50% not inset mine at 50%.
Im on this on which im always that on 50-50 when choosing up my bets even if we do say that you do made out your analysis and research and with some mix of gut but there's no way that you can be totally confident. I've been through into those times on which i have that 100% confidence towards my bet when im still new into sports betting but ending up on getting disappointed just because the bet was totally lost. Even if you do stick into those heavily favorite but still it wont really be giving out that assurance or sure win and thats something that you would be able to learn along the way. Confidence would be still there because even if you are already that an old bettor but still there are those times or moments that you are that sure on your bet but since you are already wary then you wouldnt be that take it too serious and you've been expecting that there could be things that unexpectedly that could happen along the way with your bet.

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Today at 09:26:20 AM
 #9

When you bet on sports, how do you rate your confidence really?


If I have to answer honestly, I never have 100% confidence in anything, much less gambling. I simply try based on instinct, intuition, or what's going through my head at that moment.
In some matches that I plan to play but find difficult to predict, I usually wait for the match to start and if I feel "confident" I place a live bet.
Everything else if I win is luck, if I lose (I can say I tried).

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Today at 09:29:33 AM
 #10

I think the importance of self-confidence in our lives is greatly overrated... Especially in areas of human activity such as gambling, trading, meeting women, and so on. 🙋

In conditions of high chaos and uncertainty, in my opinion, confidence is of little help... Ask yourself: "What will happen to your confidence if you lose?" How will you then restore your confidence (if it's initially 100% or 90%)? If your predictions are more optimistic than reality, your confidence will very quickly turn into self-doubt. Because true confidence is based solely on your positive experiences.

Personally, when gambling, trading, or meeting women, I always prepare for failure. Of course, I don't like losing (as most people do), but I am always prepared for the possibility that my actions may not lead to a positive outcome. Yes, this happens. And it in no way devalues ​​me.  And this shouldn't affect my self-confidence.

When I bet on sports, I fully accept the possibility of losing. Even though I've done a thorough analysis beforehand. 🕵️

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Today at 09:35:19 AM
 #11

I think it's safe to say that most people have over 50% confidence when they place a bet on a specific odd/team, simply because they choose it. Not unless if they bet on pure money line and they choose the heavy favourites (which most likely to win), so the confidence level in that case should be around 90%, but most other odds was created to be 50-50.
These confidence level is very similar to high risks, high rewards situations. If you know your bet has higher chances of winning, and your confidence is high, then the winning amount is probably low. When the risks of losing is high, then your confidence level is probably low as well, but the winning amount is high.
Analysis may help build up confidence to your betting choices, but in the long run, I'd say it would be around 60% for me.

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Today at 09:49:22 AM
 #12

It’s always a 50/50 to me no matter how confident I am because I knew shit can happened on my bet so I make it simple to expect either just win or lose in balance way.

I have accuracy my bet when I do it with lots of preparation and my mind is fresh but still I don’t grade my bet with higher confidence because I accept the my fate that I’m not a pro on this.

What crazy is sometimes I’m very confident on my bet but I always lose on that bet so I stop doing that stupidity on my side.  Cheesy

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Today at 09:50:55 AM
 #13

I have different classes of bet I place based on how convinced I am about the game and this will also show in how much I bet on the game.  There are games I bet with over 50% if my gambling budget for the day, the odd of such games either single of accumulation,  will likely be the lowest as they are the high probability games. After placing this major bet, I can spread my money on other high risk games that will pay me higher because of their high odds. My strategy does not mean that I don't plan for losses, if they happens, I happily accept and move on.











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Today at 09:58:05 AM
 #14

Of course it has to be over 50%, otherwise I probably wouldn’t gamble at all anymore. For me, I think 70% is the minimum confidence score, though most of the time I feel like I’m 100% sure my bet is going to win.

And I think that’s normal. Anyone thinking below 50%, I don’t even know why they would still gamble in the first place, what’s the point of it then.

But in the end it doesn’t really matter what I think. I can feel 100% confident before placing the bet, but once the result comes, sometimes the real chance was not even close to that. That’s the harsh reality with gambling.

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Today at 10:11:20 AM
 #15

When you bet on sports, how do you rate your confidence really?

I always see people saying 100% sure, max confidence, free win and all that, then later the pick gets destroyed. So I keep wondering if that confidence really means anything, or if we just hype our own bets too much in our head.

Be honest, when you say 70%, 80%, or 90% confident, does that actually match your results in the long run? Or do you later realize your confidence was way higher than the real edge?

For me, one of the biggest problems in sports betting is not only picking the wrong side, but judging a bet like it is stronger than it really is. Sometimes it is emotion, sometimes loyalty to a team, sometimes chasing a loss, sometimes the odds just look too tempting so you ignore the bad signs.

So what about you, what is your real score when judging your bets? And what weakness do you notice most in your own style?

Maybe if people answer honestly, we can have a decent discussion and maybe learn something from each other.

Depends on the team playing.

If I know that the team I'm betting on have great chance to win then my confident regarding on my bets place to that them is 70%. I can't say 100% because we still don't know what will be the outcome after the game since there are underdogs wins to those strong teams.

But also if I know the teams playing is equal then my confidence towards winning is 50%, because that situation show uncertain result and this is huge gamble because we don't know if the game will be in favor to us after the end of the game.

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Today at 10:20:04 AM
 #16

When you bet on sports, how do you rate your confidence really?

I always see people saying 100% sure, max confidence, free win and all that, then later the pick gets destroyed. So I keep wondering if that confidence really means anything, or if we just hype our own bets too much in our head.

The whole confidence conversion mostly Comes to play when you're relating your bet slip to that of another and you're trying to sound as though you're very of a win far more than others are. But even at that, your confidence is not what guarrantee your win in the game you've played. You can seems 💯 sure that you're going to win and at the end of the bet you end up not winning and at the same time you might seems uncertain of the potential outcome of a game and end up discovering that the game you were uncertain about end up playing out well.

Make your prediction, based on the fact you have hoping that you will win. At least, it higtens your morale but being over confidence if the potential outcome of a game will lead you into being too expectant of what a game will end with and if your expectations isn't met, that might end up being another big issue.

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Today at 10:22:59 AM
 #17

It should be higher or even close to 100%. How can you put a bet and not expect to win? For sure most of us here are very much confident of our bet. It's because as gamblers even if the odds are stuck against us, we would put a bet on it. Just like in NBA games, we go and bet on the underdog no matter what as that's what our analysis says. So we should have faith on it and even expecting that there will be a huge upset and we are going to win in the end. If you says 50-50, not sure about that kind of mentality. Gamblers are one of the most superstitious individuals and they put everything on their bet on matter what others or what the odds are.

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Today at 10:36:28 AM
 #18

Maybe if people answer honestly, we can have a decent discussion and maybe learn something from each other.
To be frank it's actually very hard to say that you would get 100 percent on your results because when you said that there may likely be some mistakes that may either comes from the team you gave straight winning or they actually plays it draw. Hence; I can't directly rate myself rather after making my analysis what I based up is luck and if I am that lucky enough it would come out winning.

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Today at 10:36:44 AM
 #19

When you bet on sports, how do you rate your confidence really?

I always see people saying 100% sure, max confidence, free win and all that, then later the pick gets destroyed. So I keep wondering if that confidence really means anything, or if we just hype our own bets too much in our head.

Be honest, when you say 70%, 80%, or 90% confident, does that actually match your results in the long run? Or do you later realize your confidence was way higher than the real edge?

For me, one of the biggest problems in sports betting is not only picking the wrong side, but judging a bet like it is stronger than it really is. Sometimes it is emotion, sometimes loyalty to a team, sometimes chasing a loss, sometimes the odds just look too tempting so you ignore the bad signs.

So what about you, what is your real score when judging your bets? And what weakness do you notice most in your own style?

Maybe if people answer honestly, we can have a decent discussion and maybe learn something from each other.

If a bettor is overconfident about his picks, it can be because he has had exceptionally good luck in the past (subject to a correction/regression to the mean) or because he hasn't bet enough to know that expectations are generally not met.

In my case, tired of "sure bets" that pay little and make you lose everything if sh** happens, I've decided to abandon all reasonable hope and go for almost impossible bets, so hard that I take for granted I will lose, but allow me daydream with a dear life for just a few bucks.

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Today at 10:43:27 AM
 #20

Your confidence might not really matter but there’s always a favourite to win every game ..

We often feel that our bet reflects our confidence level as gamblers, even though we know the outcome is never certain..

For example, placing a bet with goals handicap on a team that has been consistent with scoring heavily  with 2 or more goals in their recent match, let’s even assume they are playing one of the team they recently defeated with a good margin . Your confidence of winning rises to a higher percentage here but that doesn’t mean previous result will repeat itself , it could even be a goalless game.

That’s why it’s called gambling..

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