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Author Topic: Do stats actually help, or can they also mislead bettors?  (Read 274 times)
freedomgo (OP)
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Today at 12:59:34 PM
 #1

I do sports betting myself, and I do spend time analyzing before I place a bet, and actually I even check different sources just to compare stats and make sure I am not missing anything. But even with all that effort, I still cannot say I am profitable. So now I am starting to question it. Am I just analyzing the wrong way or is it really that hard to win consistently even if you study the numbers? sometimes it feels like the more stats you look at, the more confused you get and in the end the result still goes against you.

That is why I am wondering if stats really help bettors, or if they also mislead us and just make us feel more confident than we should be. At some point, is it better to keep trusting analysis, or just slow down and bet with simpler judgment instead of overthinking everything?

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Today at 01:13:31 PM
 #2

What I think is affecting most people is higher hope and over thinking where they would want to make winning with just few cents and a higher odds. And yes, I know that gambling is not a game that is certain or you should be having that feelings to make winning regularly but regardless of that. Winning are not sure both in sports betting and in casino games, they all dependant of change and luck based before you could be able to make winning. I think the better chance to win is to keep going on smaller odds this would at least positioned you in a better place to win than having it all lost.


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Today at 01:29:57 PM
 #3

I am also losing in betting after all the analyses which the betting sites know but setting odds in a way bettors are not favoured but just them the gambling site making money from the bettors. Although, I am making money than losing in sport betting this year, but I rarely bet. My last bet was on Arsenal two weeks ago. But I am expecting to lose in every match that I bet on. I use little amount of money to bet.

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Today at 01:31:08 PM
 #4

What I think is affecting most people is higher hope and over thinking where they would want to make winning with just few cents and a higher odds.
I’m not referring to that kind of situation, I’m referring to betting where we put real money because we believe in our skills. We analyze the game, place the bet confidently, but in the end we still lose. So in our mind, we start thinking maybe the game was rigged because our analysis should have been right. But then the actual outcome is so far from what we expected, and that is where doubt starts to come in.

Sometimes it is hard to accept that our read was wrong, especially when we were too confident with it.

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Today at 01:47:48 PM
 #5

Sometimes it is hard to accept that our read was wrong, especially when we were too confident with it.


Maybe because the expectation is too high. If we are being realistic, we would know that even in sports betting, it is hard to achieve a high winning rate. Even pro bettors cannot always hit 60% win rate based on what I read, so knowing that, we should take it one step at a time.

Whether we worked hard or not, the outcome is still the real judgment. Actually, what we need to understand is simple, we need to have more wins than losses, and with proper bankroll management, that is when we can become profitable.

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Today at 01:54:00 PM
 #6

Sure stats do help, they help you get a clue of which seems like the better games or pick. Even though they aren’t guaranteed of course.
But the problem is people tend to overly depend on it, which isn’t suppose to be like that. Gambling is not guaranteed and as a gamblers you should know that already.
Stats should just help give you clue, and not make you to start staking way higher than you should.

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Today at 02:03:33 PM
 #7

Sports betting is a human-based betting environment wherein stats can give you a proper guide about the future. Stats cannot help you win a bet, as it will always be your instinct supported by stats that can make you profitable. Unless you have an insider understanding, it is highly unlikely that you can make a profit. The other option is that you need to fully follow the news, stats, updates, and the past data to get a more realistic prediction, which can only be close to 70 percent accuracy. You will still need your intuition & luck to get to that 100 percent accuracy mark.

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Today at 02:09:41 PM
 #8

Stats and strategies don't work in betting and gambling like some people believed, they doubted until they have the answer themselves, it's always those who don't want to accept that everything about gambling is all luck.

No worries though, it's better to watch stats and do analysis than not to, you are better than those who blindly place bets on everything but mind you, those reckless gamblers can get lucky too.

Let me not complicate things, all I am saying is it doesn't matter much, you have no power over gambling and bets, just do it diligently and have some fun, sadly for gamblers this is the end results for most, and fortunately for the house they make more money.

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Today at 02:09:46 PM
 #9

That is why I am wondering if stats really help bettors, or if they also mislead us and just make us feel more confident than we should be. At some point, is it better to keep trusting analysis, or just slow down and bet with simpler judgment instead of overthinking everything?
Among other gambling that I tried, sports betting is the only one that has an edge over casinos and because of the data or statistics. Yeah, they'll counter you with some odds that are probably not in you or your research statistics favor but if if you pick the odds that are valuable like a team or a player may hit it, it's more like just a matter of time to make a cash-out. It's not certain but stats make it more exhilarating to bet upon sports betting tbh. At the end of the day we will say "the ball is round" but I think stats definitely helps bettors at some point.

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Today at 02:12:03 PM
 #10

It is hard to win if you are only basing your analysis on stats, especially if you are betting on the handicap or the total. If it is moneyline, then it is easier to pick the winner, but return-wise, it will not really help much.  What I mean is, if you bet on heavy favorites, you will likely get odds like 1.25. Just imagine that, only 25% profit, so you need around 4 winning bets just to gain 100%, but if one bet loses, that is already 100% gone.

So think about the math. For me, that kind of betting style is not playable.

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Today at 02:13:51 PM
 #11

Stats can be misleading but eventually pays off some day, gambling is a consistent effort, but shouldn't be followed in a greedy or crazy form. When a player studies weaknesses and strength, they're not sure of what happens afterwards on the day of the match. It could be true that a strong team would win against a weak one, in the field a single mistake could leave the strong side playing 10 against 11 men, or the key player who would have made the impact get injured in the middle of the match, thereby enabling the weak side to win. It's just so hard to predict games like sports, it has to do with humans, and that you can't predict after all.

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Today at 02:14:38 PM
 #12

Statistics is what casinos are using to give odds to matches and to know the likelihood of a team winning their opponent.
If this statistics often work for casinos and have been helping them to make money from us then gamblers using it will also be profitable if it's used adequately. Statistics of a club can be used to know the future outcome fans should be expecting but might not be 100% sure.

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Today at 02:15:54 PM
 #13

Stats do help, at least you will understand what is going on and who to risk your hard earned money on, compare to people who don't do any research and just risk their money on any sport team, there is a big difference.

I believe you have better chance at winning more than someone who randomly pick any spprts team without doing any analysis, they will surely lose more but they will also have their lucky days.

I've totally surrender to luck, and it's why I don't want to risk too much on a match even if I am pretty sure that things will turn out exactly how I want it.

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Today at 02:18:34 PM
 #14

Sometimes stats can be misleading especially when bettors always make reference to h2h to analyze their games but they forget that history doesn't always determines what happens In the future. Sometimes the a team might have a good past record because they were in form but using that to predict the future when their form has been declined will definitely lead to losses. Not everyone knows how to use stats the right way.

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Today at 02:24:43 PM
 #15

Statistics are useful but you don't have to base your bets only on those, sport and especially football is really very unpredictable.
I lost bets in extra time after the 90th minute, the stats "help" you think about the possibilities, but they never made a difference to me in betting (obviously I'm talking about myself personally), there are people who manage to take advantage of the stats and place great bets, I can't, I never feel confident enough.

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Today at 02:26:02 PM
 #16

Sometimes stats can be misleading especially when bettors always make reference to h2h to analyze their games but they forget that history doesn't always determines what happens In the future. Sometimes the a team might have a good past record because they were in form but using that to predict the future when their form has been declined will definitely lead to losses. Not everyone knows how to use stats the right way.
I can relate to that, I think most bettors do it that way because it is more convenient. They just check which team looks better, analyze a little, then place the bet.

The problem is when they bet on the point spread. For instance, if the favorite is -5.5 and they believe that team is stronger, they will blindly take the spread without thinking if the handicap is already too high. So even if the favorite wins, but only by 5 points or less, the bet still loses. That is why picking the better team is not enough, you also need to know if they can cover the line.

 
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Today at 02:26:19 PM
 #17

What I think is affecting most people is higher hope and over thinking where they would want to make winning with just few cents and a higher odds.
I’m not referring to that kind of situation, I’m referring to betting where we put real money because we believe in our skills. We analyze the game, place the bet confidently, but in the end we still lose. So in our mind, we start thinking maybe the game was rigged because our analysis should have been right. But then the actual outcome is so far from what we expected, and that is where doubt starts to come in.

Sometimes it is hard to accept that our read was wrong, especially when we were too confident with it.

Thats why i dont really make myself that too confident whenever I do make a bet because results could really turn upside down in a snap even into the last minute, As long the timer is running then it isnt over on which all of possibilities could really happen out. This is why its important that you shouldnt be that making yourself that optimistic or anticipating that you do have that sure win because it will really be just that making you disappointed. Do stats actually help? Yes it can because this is where people or bettors usually be checking it out as part of analysis. The only issue or thing here is that not every strategy would be giving out that sure win on which means that you would be needing up to consider out the possibilities about that u-turn of events on which it would be resulting into losses and thats some normal situation on betting or gambling world.

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Today at 02:29:45 PM
 #18

Personally, I think it could help, but it's not the best or only indicator or helper in your decisions about what to bet on.

For example, I would like to add the feeling of intuition to gambling. I make wins because I feel like I'm going to win, or what I mean is like that stroke of luck, and the feeling that you are actually going to win, it's that gut feeling

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Today at 02:34:16 PM
 #19

Do stats actually help, or can they also mislead bettors?
Not all types of games can use statistics, maybe in sports betting it makes sense, but sometimes statistics can be useful and sometimes they can be misleading, depending on how the user uses them.

For example, if you rely on raw number statistics without considering understanding the original context, of course the statistics can make you lose. In essence, if you understand statistical analysis well, it might help you, such as understanding the teams playing, home/away or head-to-head performance.

But if you only focus on points or goal average to use as a statistic, maybe you will lose, understand changes in player tactics, and other crucial factors, maybe this can help you prioritize sports betting statistics.

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Today at 02:36:44 PM
 #20

It's all depends as we cannot conclude it by saying that statistics does not help or rather help in gambling when it comes to our chances of raining, it is important that we get some of this stats in order to be well informed about what to do or how to play our games, only that we must not be too dependent on them because we have to still compare other information or psychological reasoning together before placing our bets.

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████▄     ▄█████▄     ▄████
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███▀    █████████████    ▀███
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..PLAY NOW..
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