What is your confidence score?

[Yeesha]

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.

When placing bet the bettor must have confidence in his ability, because if not he wouldn't bother to bet from the first place, because it is actually not advisable to engage in something that you have doubts about, but having about 100% confidence in yourself in actually not advisable, because it could endanger your life and money, and you might not be able to endure that for the rest of your life. 100% confidence is equivalent to overconfidence, and being overconfidence could easily motivate you to stake more than you can afford to lose.

[Smartprofit]

Not everyone believes that self-confidence is a virtue. Many, on the contrary, believe that if a particular activity isn't profitable, it should be abandoned. 🙋

Most gambling games have negative expected value, meaning it's easier to lose than to win in the long run. How, then, can self-confidence help a player win? In my opinion, it can't.

Self-confidence can help a player who decides to explore those types of gambling whose outcome depends not only on luck but also on their skills and abilities. For example, poker, sports betting, or prediction markets. However, to succeed in these games, a player will need not only self-confidence but also intelligence. Because learning to win in these types of gambling is very difficult. And the competition is fierce (although it is now very fierce in all areas of human activity).

[Somto9Light]

When placing bet the bettor must have confidence in his ability, because if not he wouldn't bother to bet from the first place, because it is actually not advisable to engage in something that you have doubts about, but having about 100% confidence in yourself in actually not advisable, because it could endanger your life and money, and you might not be able to endure that for the rest of your life. 100% confidence is equivalent to overconfidence, and being overconfidence could easily motivate you to stake more than you can afford to lose.

And the result won't be pleasant, as it will still end in tears and in regrets. Overconfidence its what gamblers should have avoided because gambling can't give them the certainty they will want for it to fall in their place, and since it can't be for their own favour, it will better if they avoid what will make them to risk what they can't really afford to lose, as it will make them to lose their peace of mind and cause them unwanted problems, that is why its good for them to avoid it.

[Alex077]

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.

I think a lot of people confuse confidence with simply wanting their prediction to be right. In my opinion if we're being realistic, even a very strong bet is rarely more than 70–80% likely to win. Talking about a "100% lock" in sports just doesn't make sense. Personally, I try not to focus on how confident I feel. If I don't think there's any value left in the price, I'd rather skip the bet altogether.
As for my biggest weakness, I'd say it's sometimes trying to find a bet where there really isn't one.

[Dunamisx]

Scoring ourselves in terms of confidence would be inaccurate because I know that a lot of people will try to be one sided in this judgment, on a normal day everyone is expected to have a confidence in what they do because that is what push them ahead to staking to bets, however, we must not also be overconfident, there is much to discover about the risk in gambling and our own desirability in terms of expectations from gambling at the same time, having all this in mind we make us to narrow our day in a more safety pattern on not that we focus more on confidence in winning.

[shawonngp]

When I place a bet, I have a maximum confidence of 60%-70%. I have more confidence when I pick my favourite team, and in some bets I have a 50/50 chance, but there should not be 100% confidence in betting, because it is not possible to predict which team will win in advance. So, always gambling at low stakes, at least you can afford to lose. I have lost many bets where I was overconfident that I would win, but unfortunately, I lost. Anything can happen in gambling; confidence doesn't matter. If you are lucky, you can win even if you pick a bad team.

[I_Anime]

To be honest some folks do have this confidence when they bet on sport betting. Especially when they are sure of the team they bet on  (that’s don’t guarantee that your team will win ) still anything can happen. When come to aviators many confidence are not that high cause they know is mainly luck and stuff .

Having confidence is good , but at same time is like you getting your hope to high and when you get too high and you endup disappointed it will hit harder compares ti the ones you where less confident on .

[nara1892]

When placing bet the bettor must have confidence in his ability, because if not he wouldn't bother to bet from the first place, because it is actually not advisable to engage in something that you have doubts about, but having about 100% confidence in yourself in actually not advisable, because it could endanger your life and money, and you might not be able to endure that for the rest of your life. 100% confidence is equivalent to overconfidence, and being overconfidence could easily motivate you to stake more than you can afford to lose.

And the result won't be pleasant, as it will still end in tears and in regrets. Overconfidence its what gamblers should have avoided because gambling can't give them the certainty they will want for it to fall in their place, and since it can't be for their own favour, it will better if they avoid what will make them to risk what they can't really afford to lose, as it will make them to lose their peace of mind and cause them unwanted problems, that is why its good for them to avoid it.

Exactly, I agree with you on this point. Overconfidence in gambling should be avoided because logically, the higher your confidence, the greater the pain you'll feel when the results don't match your expectations. This is what often causes gamblers to lose control and become more aggressive.
Therefore, I think the most appropriate approach is to be realistic about gambling. You've clearly explained the reasons for this: be prepared to lose but also avoid placing too high expectations on winning.

[rezakurnia66]

As soccer sport betting, I think classic problem from gambler in sport betting when placing bet for their favorite team indeed facing the strong opponent team but keep confidence and too loyal placing bet for their favorite club. I know many people have their own favorite football club but when facing the most stronger team looks difficult for winning the match and can't acceptable if placing bet for lower quality level club than the opponent team face.

Sometime unbelievable from the sport betting gambler placing bet for how many corner kick, yellow until red card in one match, I think is crazy bet placing although much odd offering but you can't get accurate prediction if placing bet for how many corner kick.

[Bryan jessy]

Honestly I always rate my confidence 100% in anything I do whether I am sure about winning it or not, it's just another way of giving oneself some moral support and speaking positive, you know the tongue is a powerful tool and we should use it to speak positive things in our life. Truth be told no human will invest so much money with the aim of achieving something without have such confidence of making it or getting a positive outcome, at times this confidence comes in different ways such as; already believing you have made it without seeing the result yet, and the excitement after placing your game that sudden feeling of i know i made it! While being confidence we should not neglect the possible outcome, might be positive or negative, like I said confidence is what enables us to take the step and stay hopeful, don't get carried away as some times the worst can happen.

[Powerjumboo]

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.

When betting on sports, I always bet on my highest confidence. If I do not have 70 to 80 percent confidence, then I never participate in betting there. And if a person does not have confidence, then he will never be able to bet. When a person has the highest confidence in a team and in that match, then he can participate in betting with that confidence. Even then, despite having the highest confidence, some matches have to be lost because always your analysis and confidence do not make you win, but I have seen that all the matches where I have 50-50 confidence become very complicated for me and in such complicated matches I always try to remain neutral from betting.

[fredericktaylor]

Much confidence shouldn't even be a topic of discussion when it comes to gambling, because that's a one way route to losing a whole lot of money because there is certain level of confidence that you will have that will guarantee you even making silly mistakes to the extent of doing stake so high without noting to the fact that there are simply nothing that is certain with betting and the more you feel confident about a particular game the more the surprise you will get off the game.

It is absolutely true that being overconfident while gambling is not right as a result of which a gambler will easily face losses. Nothing is certain while gambling and the result can change at any time so by betting more with overconfidence only the amount of losses increases. Gamblers who gamble intelligently and with discipline never gamble with overconfidence because they know very well that nothing is certain while gambling. Therefore, it is better to gain the right knowledge and gamble with awareness as this reduces the chances of making mistakes and protects oneself from big losses.

[Cgrexp]

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.

When placing bet the bettor must have confidence in his ability, because if not he wouldn't bother to bet from the first place, because it is actually not advisable to engage in something that you have doubts about, but having about 100% confidence in yourself in actually not advisable, because it could endanger your life and money, and you might not be able to endure that for the rest of your life. 100% confidence is equivalent to overconfidence, and being overconfidence could easily motivate you to stake more than you can afford to lose.

some gamblers who considered themselves to be very skilled and 100% confident. Initially  they would win a few times .  but over time  they would start losing money while betting. But they did not consider those small losses as a problem because of their 100% confidence. But in the long run  overconfidence became the cause of their big losses. At some point  they were forced to stop gambling. Therefore  a gambler should never bet with 100% confidence, that is, overconfidence. This is one of the reasons for big losses in the long run.

[Rabata]

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.

When betting on sports, I always bet on my highest confidence. If I do not have 70 to 80 percent confidence, then I never participate in betting there. And if a person does not have confidence, then he will never be able to bet. When a person has the highest confidence in a team and in that match, then he can participate in betting with that confidence. Even then, despite having the highest confidence, some matches have to be lost because always your analysis and confidence do not make you win, but I have seen that all the matches where I have 50-50 confidence become very complicated for me and in such complicated matches I always try to remain neutral from betting.

We must have confidence while betting. Because if you are not confident in betting yourself, then you can never be a bettor. A gambler has to be confident in his bets. But if that confidence becomes excessive, then you can make wrong decisions. I like your strategy very much, because a gambler should bet on sports with 70% to 80% confidence. More confident about that can be called blind faith. So even if you are confident, you should bet on sports with a correct analysis. There must be a balance between self-confidence and overconfidence.

[Oshio-man]

To be honest some folks do have this confidence when they bet on sport betting. Especially when they are sure of the team they bet on  (that’s don’t guarantee that your team will win ) still anything can happen. When come to aviators many confidence are not that high cause they know is mainly luck and stuff .

Especially when you know your team very well and you know the team they can defeat to make predictors wish come to reality, you win from sports betting, but to make your winning consistent because some times players can make mistakes that will make their opponent to take advantage of their mistakes to defeat them,  sometimes after when some predictos see lucky they will think they are professional in sports betting until they loose what they can't explain because it will make other people to know what to when playing games