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Author Topic: Do stats actually help, or can they also mislead bettors?  (Read 580 times)
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Today at 03:59:10 AM
 #81

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?
Nothing guarantees profiting from gambling or betting rather. Not stats, not analysis, not anything apart from being a very lucky person, this is what I always try to tell people but unfortunately, they don't believe me here in my area, it is dangerous to have to depend on proceeds from betting for livelihood, because if you are hit with a long losing streak, you will or might end up begging for food depending on how much careful or careless you bet.

It is true that some times, we see people win a huge amount of money but it doesn't end there because we can not tell how much they lost in the past betting before winning that amount, and don't be amazed, that huge amount the bettor won may not even be up to half of the amount of money he may have lost before.

So talking about stats again, my conclusion is that it only helps to at a slight extent, increase a person ability of knowing the right team to bet on, but then, there is absolutely no guarantee.

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Today at 04:12:21 AM
 #82

There is truth in what you said, but some gamblers doesn't agreed that luck has to be with them before they can win in gambling, they think that gambling is just by their strength and their statistics, with this kind of mindset makes them to have more losses because their statistics might disappoint them at times. So people are to live with them with the mindset that gambling is all about luck, though their statistics might be of help to them at times.
Sports betting requires some level of skill. They are not like casino games which are solely determined by luck. We would have to agree that doing analysis in sports betting doesn't guarantee wins. I know some online prediction platforms that give sports predictions. Some of them are not scammers, but rather have developed sports analysis skills and are providing valuable information. However, it is also essential to note that luck plays a significant role in determining the outcomes of games. You can do all the analysis yet lose the game.

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Today at 07:15:04 AM
 #83

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?
Stats alone is not enough to give you a clear picture of the potential outcome of any game. In addition to whatever you've checked out in prediction site and the stats you've seen, you've got to also have a proper understanding of the bet you're making that way, your chance of winning also increases.

Sports betting require you to analyse games while taking away any form of sentiment in your bet. You can't depend on luck alone in sports betting so it's not even right to assume that you take out the place of carrying out proper analysis in your bet. Doing research and checking out stats is the only way you can be certain to have a certain level of control in your bet.

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Today at 10:27:29 AM
 #84

There is truth in what you said, but some gamblers doesn't agreed that luck has to be with them before they can win in gambling, they think that gambling is just by their strength and their statistics, with this kind of mindset makes them to have more losses because their statistics might disappoint them at times. So people are to live with them with the mindset that gambling is all about luck, though their statistics might be of help to them at times.
Sports betting requires some level of skill. They are not like casino games which are solely determined by luck. We would have to agree that doing analysis in sports betting doesn't guarantee wins. I know some online prediction platforms that give sports predictions. Some of them are not scammers, but rather have developed sports analysis skills and are providing valuable information. However, it is also essential to note that luck plays a significant role in determining the outcomes of games. You can do all the analysis yet lose the game.
Yes,and you would be needing up to make some research on which of course looking for stats would definitely be that relevant or primary need to check out on which you do able to differentiate on which one is a better team but of course it doesnt mean that underdog will not be able to beat up a powerhouse one and it happened how many times already. You should be wary also into those players that arent able to play on that match on which it would be adding up into your analysis because once you do skip this out then it will definitely having that gap if we do speak about strategy and research. In overall this is much more better approach when dealing up with sports betting on which its best to have that kind of research analysis rather than on making up some blind bets without any basis or simply stick to the favorites then your good to go.

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Today at 12:56:19 PM
 #85

Stats alone is not enough to give you a clear picture of the potential outcome of any game. In addition to whatever you've checked out in prediction site and the stats you've seen, you've got to also have a proper understanding of the bet you're making that way, your chance of winning also increases.

Sports betting require you to analyse games while taking away any form of sentiment in your bet. You can't depend on luck alone in sports betting so it's not even right to assume that you take out the place of carrying out proper analysis in your bet. Doing research and checking out stats is the only way you can be certain to have a certain level of control in your bet.
Even with proper analysis or information, you can't deny the fact that you won't still lose? You know one thing about people is that they truly believe that things are just based on only one direction without thinking of other areas of it, even if you or some persons don't agree to this, but one thing its clear that you still have to depend on luck after all research because without having such mindset can cause you disappointment and might hurt you more, because you don't actually expect it.

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Today at 01:03:59 PM
 #86

gamble wasn't designed for you to use your brains and just figure out the game work and probably start winning like a pro. It's not a skill that we can learn because it's algorithm was built to function with random results for casino while for sports betting it also produces random result based on change in circumstances and opportunities. No 2 games are thesame irrespective of the fact that it's same team that's playing.  At every instance of time each player react based on what they see,  hear or feel so the result are definitely not going to be thesame.
Very correct, they have to just accept the game as it is and understand that gambling its not what to be study, but to play the game with what they have and learn to let go when necessary, as they prevent gambling out of frustration and when overbetting starts, they start to make mistakes that won't be useful or favourable to them. As it can create some problems for them as it will affect their wellbeing and their relationships.

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Today at 01:33:56 PM
 #87

gamble wasn't designed for you to use your brains and just figure out the game work and probably start winning like a pro. It's not a skill that we can learn because it's algorithm was built to function with random results for casino while for sports betting it also produces random result based on change in circumstances and opportunities. No 2 games are thesame irrespective of the fact that it's same team that's playing.  At every instance of time each player react based on what they see,  hear or feel so the result are definitely not going to be thesame.
Very correct, they have to just accept the game as it is and understand that gambling its not what to be study, but to play the game with what they have and learn to let go when necessary, as they prevent gambling out of frustration and when overbetting starts, they start to make mistakes that won't be useful or favourable to them. As it can create some problems for them as it will affect their wellbeing and their relationships.
Gambling is never a solution to problems, rather it can only create more problems, nothing more. Understanding your limitations, maintaining control and stopping at the right time is the first need of all, if you continue to play despite the losses, then you will have to face more losses, that is why you should refrain from excessive play, excessive risk not only leads to financial losses, but it also leads you to negative situations mentally, it can create problems in all aspects, so we need to maintain as many limitations as possible in gambling.











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Today at 02:31:27 PM
 #88

Lets look at it this way, stats might be available to us but unfortunately we ignore other variables like bad weather, incomplete teams , travelling, players gaining or maybe player fatigue and lost goes on... Personally I think stats just give us a slight edge instead of having the 50/50 chance of winning.. it jumps up to 60:40 , otherwise a bit of luck in the equation should tilt things in our favour..
On your own you are not able to objectively conclude whether you are using stats correctly or not, you can only guess and this is where we get all sorts of misinformation. Some people who think that they are using and interpreting the stats correctly but they are not will go online and proclaim to the world that using stats is pointless, because they are idiots. Furthermore, the exact edge that can be gained from this is variable but it can also not be exactly computed for the individual. Your statements are overall right, but one must be clear that it is always about increasing the edge by an undefined amount. It could be 1% it could be 20%, it is going to depend a lot on the person that is using the stats but in any case the exact edge that is gained by this can not be stated.

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.
I'll take a guess that out of 100% of the sports bettors, it might even be that 90% are losers including me too.
That is how the business works, if many were winners there would not be a place where bets could be made.

Sports betting requires some level of skill. They are not like casino games which are solely determined by luck. We would have to agree that doing analysis in sports betting doesn't guarantee wins. I know some online prediction platforms that give sports predictions. Some of them are not scammers, but rather have developed sports analysis skills and are providing valuable information. However, it is also essential to note that luck plays a significant role in determining the outcomes of games. You can do all the analysis yet lose the game.
As long as it is free, it is alright to try some of those predictions. If it is paid, never ever pay for it as it is a scam. Somebody who is making successful predictions does not have a need to ask for payment for any kind of predictions. This is the same scam that appeared later in crypto with trading and signals groups on Telegram, as if successful people needed to ask for a peasant's $100 to give them something.  Cheesy

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Today at 04:16:44 PM
 #89

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.

It is very common that such thought come to mind when betting on sports. Many time we make a perfect chart by analyzing it ourselves and still lose those bet. Then it become extremely difficult for our ego to accept the bitter truth that the prediction we have made is wrong

Anyway I do not think that even the most perfect and best data models in the world can give more than 30% accuracy or correct result in football betting. So even if someone make his prediction by using these technology he will lose 60 times out of 100 bets


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Today at 04:38:01 PM
 #90

There is truth in what you said, but some gamblers doesn't agreed that luck has to be with them before they can win in gambling, they think that gambling is just by their strength and their statistics, with this kind of mindset makes them to have more losses because their statistics might disappoint them at times. So people are to live with them with the mindset that gambling is all about luck, though their statistics might be of help to them at times.
Sports betting requires some level of skill. They are not like casino games which are solely determined by luck. We would have to agree that doing analysis in sports betting doesn't guarantee wins. I know some online prediction platforms that give sports predictions. Some of them are not scammers, but rather have developed sports analysis skills and are providing valuable information. However, it is also essential to note that luck plays a significant role in determining the outcomes of games. You can do all the analysis yet lose the game.
Of course, even after analyzing all the statistics before a match, the stronger team still loses. This can be frustrating for gamblers, but the reality is that luck can play a role in any gambling. In casino most of the losses or wins depend on guesswork and luck, but the advantage of sports betting is that you don't lose all your bets and betting is quite interesting. Analyzing the team But even if the team is ahead in statistics, you have to take a risk if you bet on that team because the performance of a relatively weaker team is sometimes impressive and wins.

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Today at 04:46:32 PM
 #91

There is truth in what you said, but some gamblers doesn't agreed that luck has to be with them before they can win in gambling, they think that gambling is just by their strength and their statistics, with this kind of mindset makes them to have more losses because their statistics might disappoint them at times. So people are to live with them with the mindset that gambling is all about luck, though their statistics might be of help to them at times.
Sports betting requires some level of skill. They are not like casino games which are solely determined by luck. We would have to agree that doing analysis in sports betting doesn't guarantee wins. I know some online prediction platforms that give sports predictions. Some of them are not scammers, but rather have developed sports analysis skills and are providing valuable information. However, it is also essential to note that luck plays a significant role in determining the outcomes of games. You can do all the analysis yet lose the game.

I am cool with saying sport gambling requires skills, as long as the gamblers acknowledge that, with or without skills, it still depends on luck..
Yep when it comes to sport betting, skills do help, but at the same time.. it still Lies on luck.. But for sure sport gambling does has upper hand than casino…

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Today at 04:51:20 PM
 #92

Taking on start can be helpful and at the same time misleading if you are not being careful, that we follow the track on their previous statistics does not mean that we should go by that to conclude on what they may deliver except we also take time to check in within their recent formation and performance, this can go a long way with how we can place our bet upon anything we are considering as we place our bet.

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Today at 04:51:46 PM
 #93

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?

You can win more games, and you can still be in an overall loss in sports betting. It doesn't mean you are doing it wrong but you are not taking enough risk to go with the least favorite team to win the game. In my opinion, don't beat yourself too hard just find the games with balanced odds to increase your overall rewards and ignore the outright favorites because it is not really worth the risk but if you lost that then it will make a big dent on your bankroll.

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Today at 04:59:24 PM
 #94

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?
You could be having the wrong analysis, maybe, maybe not... But regardless of whether that's the cases or not, what remains for a fact is that the gambling is mostly a game of luck... The meaning to this is that no matter how good, or less good or wrong your analysis is, there will still be some level of uncertainties for the final outcome of a match.. A player who performed well in last match may start underperforming in hi following match due to certain hidden factors that a gambler who is predicting a match may not know ...











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Today at 05:44:49 PM
 #95

Bettors need to check for recent stats because old stats can mislead bettors. For example, if the last time the two team is meeting each other was a 1 year 2 yea ago or a long period of time ago. The H2H will not help in choosing the right outcome because both teams might have either gained good form or lost form. I advise that statistics should be based on the current form of each team, not generally their H2H head, even if the H2H is recent.

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Today at 06:01:48 PM
 #96

But you have a point, the more statistics the more confused about which odds to choose because in sports betting there are many variations, for me I will not mention that statistics can be misleading because the data is valid, we just have strong instincts where to bet.

Again, betting that means there is luck in it will not be completely because these statistics only increase your chances of winning the rest you can win or lose it is only the determinant.
Overall in sports betting does not win consistently, sometimes win sometimes lose, but we have to accept this situation even though we have used many aspects that are needed.

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Today at 06:15:26 PM
 #97

I can say the stats help us advance, and at the same time, if we read it in the wrong way, it could lead us into losing. At the same time, one thing for sure is that stats reading and having access to data don't necessarily mean we should win all the bets we place. It's really hard to predict the outcome, as things can change, and performance can't entirely be predicted. We just do our best, and luck does its own too; that's why it's always arguable when we talk about the role of luck in betting.

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Today at 06:48:21 PM
 #98

It is not wrong to bet based on stats or analysis, but while doing this bear in mind that checking stats does not guarantee consistent winning, there are gamblers who are making more profit than losses, and they don't bet blindly, they are very informed about their decision, and they do this by checking stats. Sometimes, we may not go in detail checking stats, their are some teams that have some historical records, and even though they this team is at the bottom of their table but they will hardly loose match to some big teams. More also, many events take place while match could be going on, where by a big team could take a card, possibly red card, and can make a big team even loose to a lower team on the table.
While checking stats is very necessary, it is very difficult to take into consideration the events that could take place during a match which can make a trusted team to loose a match.

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Today at 07:21:53 PM
 #99

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?
Stats alone is not enough to give you a clear picture of the potential outcome of any game. In addition to whatever you've checked out in prediction site and the stats you've seen, you've got to also have a proper understanding of the bet you're making that way, your chance of winning also increases.

Sports betting require you to analyse games while taking away any form of sentiment in your bet. You can't depend on luck alone in sports betting so it's not even right to assume that you take out the place of carrying out proper analysis in your bet. Doing research and checking out stats is the only way you can be certain to have a certain level of control in your bet.

Statistics alone are not enough to win sports betting, it is also necessary to use the right research strategy and luck plays a big role. When a gambler researches a game properly and applies strategies to understand the opportunity, the chances of winning the match increase relatively, but we have to trust our luck. Sports betting requires luck to win. Only lucky gamblers can win repeatedly by betting. The future is uncertain, so no matter how much we try, we cannot be confirm about the results.

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Today at 07:26:30 PM
 #100

is it better to keep trusting analysis, or just slow down and bet with simpler judgment instead of overthinking everything?

I think the real game of intelligence lies somewhere in between these two extremes. Stats or data should always be seen as a guide or hint. They should not be considered as blind dictation. The most common trick I always use to survive in the market is I review stats simply to find value. That is I check whether the bookie has ever given odds higher than the original chance. I combine the data I have collected with real factor outside the field. I try to find out about exclusive news inside the team, the weather, the hunger to win or the referee of that match.

I always maintain a perfect journal of every bet I make. So that at the end of the season I can do analysis and understand which trick actually earned me a lot of money.

If you just blindly chase stats then data can deceive you at any moment. But even more stupid than that is placing a bet without giving any importance to the data. Data is only useful when you can use your own brain to interpret it or arrange it in your own way, right from there Wink

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