What your confident you have on your bet

[Wakate]

Exactly, as even how good your research and even how reliable the source of information that you use, together with your knowledge and understanding in the game or in the sports that you'll gonna place your bet, there are still factors that can change the direction of the possible outcome, similar to what you mentioned those can affects the result as luck is not on your side so upset can happen and ruined your expected result.

Since you don't know the outcome of the bet you are taking, it is better you don't have too much expectations because that is where you are going to be missing out if you are expecting too much from gambling.
Taking risk is different from having high expectations after betting which can lead to disappointment making you to lose more money .

[Royal Cap]

confidence can also be seen in different light. We can not oftentimes easily distinguish the difference between confidence and overconfidence. When somebody is confident, he’s optimistic that no matter how hard, he will win and he doesn’t want to stop despite recording a failure. But when somebody is over confident, they don’t have the calms to properly analyze issues, they instead allow the over confidence in them to lead their decisions there by making them to fail more and more. Overconfidence sometimes are not natural, some do comes with influence of other external influences such as alcohol, drugs etc.

Actually the difference between confidence and overconfidence is usually understood when someone can accept their mistakes or not. Confident people remain calm even after a loss and understand the situation before making the next decision but overconfident people think they can never be wrong, so they repeat the same mistake over and over again.

This is more dangerous in gambling because a few wins can easily change a person's mindset.  Especially if alcohol or emotions are involved, judgment becomes even weaker. Then feelings work more than analysis and at that time people make the most bad decisions.

[hedgeh0g]

I know it's not easy to have that full confidence on game you place bet on but we should be that expecting that this doesn't often happen to the way we usually have on every bet we place on. I want to know if when you place a bet do you think all your predictions would always result to be true and not false? This is what determines how we should be gambling, let say if you have about 2-8 games selected to gamble is there any way you would stake higher amounts because you felt that your predictions would results to how you plan it? Okay what after your confident and it happens that the game doesn't go as you planned what would be your reaction over the bet, would you place and bet or recover what you already lose or you would give it time for from the gambling site and allow time to count before you gamble again?
This topic triggered me because I usually see people who do place bet to gamble but at last they usually get their account drained and involved themselves into gambling addiction because to me it sounds too well as someone is doing a revenge gambling in order to receive what they have already lost?
You can share your thoughts on this topic so that we know those who are gambling without being excessive annoyed while gambler.

That's why everyone bets on a sports match, because for some reason they are confident that they can predict the outcome. And often these are people who have some kind of reasoning or observations, or they know both teams well and the results of their previous meetings on the field of games. But sometimes there are people who literally bet blindly, they don't mind their money for it, and as a rule, these are those who have already become disillusioned with their prediction skills. And they don't hope for anything, they just participate in the batting just because they can't stop. This is the way to go deep.

[Rabata]

confidence can also be seen in different light. We can not oftentimes easily distinguish the difference between confidence and overconfidence. When somebody is confident, he’s optimistic that no matter how hard, he will win and he doesn’t want to stop despite recording a failure. But when somebody is over confident, they don’t have the calms to properly analyze issues, they instead allow the over confidence in them to lead their decisions there by making them to fail more and more. Overconfidence sometimes are not natural, some do comes with influence of other external influences such as alcohol, drugs etc.

Actually the difference between confidence and overconfidence is usually understood when someone can accept their mistakes or not. Confident people remain calm even after a loss and understand the situation before making the next decision but overconfident people think they can never be wrong, so they repeat the same mistake over and over again.

This is more dangerous in gambling because a few wins can easily change a person's mindset.  Especially if alcohol or emotions are involved, judgment becomes even weaker. Then feelings work more than analysis and at that time people make the most bad decisions.

It is important for a gambler to have confidence. Gamblers easily become overconfident due to a few small successes. Yes, if there is overconfidence, any gambler will face big losses. Because due to overconfidence, there is no time to think wisely. Due to overconfidence, gamblers become arrogant. At such times, it is very natural to make wrong decisions. Apart from being arrogant, gamblers become alcoholics and emotional. They make big bets on emotions and face losses. Therefore, a gambler should be confident, but never overconfident.

[Eternad]

It is important for a gambler to have confidence. Gamblers easily become overconfident due to a few small successes. Yes, if there is overconfidence, any gambler will face big losses. Because due to overconfidence, there is no time to think wisely. Due to overconfidence, gamblers become arrogant. At such times, it is very natural to make wrong decisions. Apart from being arrogant, gamblers become alcoholics and emotional. They make big bets on emotions and face losses. Therefore, a gambler should be confident, but never overconfident.

In sports betting, the answer is yes since it dictates the amount of risk someone willing to take on their bet based on their confidence to their bet.

Sports betting is skill based so you can gauge your confidence depending on your analysis skills unless someone is too naive to determine what is an accuracy over just self speculation on their bet.

On casino games, confidence is useless because it doesn’t have any bit of assurance to back your confidence.

[Somto9Light]

Actually the difference between confidence and overconfidence is usually understood when someone can accept their mistakes or not. Confident people remain calm even after a loss and understand the situation before making the next decision but overconfident people think they can never be wrong, so they repeat the same mistake over and over again.

This is more dangerous in gambling because a few wins can easily change a person's mindset.  Especially if alcohol or emotions are involved, judgment becomes even weaker. Then feelings work more than analysis and at that time people make the most bad decisions.

I will have to disagreed with you on this, about the idea of confident and over confidence, though the two might be similar to you but that's not the fact, the thing there is that people who have confident while gambling, always have the thought that they might always win the game because they feel too sure of it and are so confident about and this also leads them to problems or issues due to the act of over- confidence. And this leads them to the path of becoming more addicted to gambling easier, when it could not give the fun they want in gambling because they ruined it by themselves.

[fruktik]

Overconfidence will land you into wrong decisions that you will later, regret after you have incurred big losses. A gambler should have it at the back of his mind that losses are inevitable and it's very easy for you to lose your bet. Therefore, be prepared for  losses and know how to control your emotions because gambling is for fun and not something we should kill ourselves on because we want to make profits.

If I'd been given such advice years ago, I wouldn't have made the huge mistake of losing a large loan I'd been paying off for years, even without a permanent job. I wouldn't wish that on anyone. It was incredibly difficult.

And what led me to this outcome? Spontaneous and ill-considered decisions based on emotions and the profound misconception of quick and easy money.