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Author Topic: Winning more bets does not always mean you are making PROFIT  (Read 345 times)
Btcdeybodi
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Today at 01:51:27 PM
 #61

Even if you are not making profits from gambling but winning consistently makes you feel happy. I have had times when i played bets for about a week and experience a losing streak but when i gamble the next week and get a win, i will be happy even though the amount may not cover the losses i got previously. This is why it is not good to keep tracks of your losses because if you do that you can never be happy with your winnings except your winning covers up your losses. I don't care about huge wins, if i can win little amount consistently it's better than placing bets expecting to win huge amount.

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Today at 02:04:43 PM
 #62

You can win many small bets with low odds, then lose one big bet and still end up negative.
In fact it feels great to walk around with a big smile on your face after winning 8 out of 10 bets at odds of 1.40. But if you lose just one bet with high stakes or a large sum of money, all your previous profits can be wiped out in an instant. That is why I never measure my real success of gambling by win rate or how many bets I win. I always look at the ROI or how much money I have left in my pocket at the end of the day.


I have to admit, I focus more on having more bets than the quality of the bet. That is because my bankroll in sports betting is just small, so if I limit my bets too much, it feels like I am just gambling but not really entertaining myself.
But the problem is due to this habit of betting on a grand scale, at the end of the day your pocket money can slowly erode. No matter how small your pocket strength is instead of making reckless bets playing a few singles on pure and high-value cards is the most effective and safest way to survive in the long run. Actually there is no fun in continuously losing bets.

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Today at 03:03:47 PM
 #63

Even if you are not making profits from gambling but winning consistently makes you feel happy.

How can it not be possible? Winning consistently means profit, and this is what I really like as a sports bettor because it shows that I am already good at sports betting and proves that my hard work has finally paid off. When you are winning consistently, it means you already beat the others who cannot win in the long run. You did.

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Today at 03:06:49 PM
 #64

Some bettors think winning more bets means they are already doing well. But that is not always true.

You can win many small bets with low odds, then lose one big bet and still end up negative. That is why profit is not only about how many bets you win, but also about the odds you take and how much you risk.

For me, a good bettor should not only ask, “Will this team win?” but also, “Is this bet worth the price?”

Do you focus more on winning picks, or on finding good value?

What's funny is that it's absolutely true that a gambler or a bettor is very much affected by a mood change if he wins a lot of small bets and he thinks that he is perfectly guessing all the outcomes of matches. And as soon as he needs to place a big bet, he will get worried and, most likely, as you correctly wrote, he may lose it, which will negate all his past successes, and therefore it is very important to monitor not only his monetary victories, but also his psychological state. Be balanced and calm.

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Today at 03:13:42 PM
 #65

Even if you are not making profits from gambling but winning consistently makes you feel happy.

How can it not be possible? Winning consistently means profit, and this is what I really like as a sports bettor because it shows that I am already good at sports betting and proves that my hard work has finally paid off. When you are winning consistently, it means you already beat the others who cannot win in the long run. You did.

From my observations of gambling, anything that makes you win constantly put you an hedge, which means additional income which should be taken note of as progress and profits.

Although some gambler's don't really put in that much funds into gambling which makes their winnings not to have much reflection on there balance income and if it small amount they may not record it as profits.

But ultimately profit Is profit regardless of the amount, since you won based on the money you risk on the bet.

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Today at 03:15:27 PM
 #66

For me, a good bettor should not only ask, “Will this team win?” but also, “Is this bet worth the price?”

Bettors have their own strategies. They manage their bets and the budget they allocate for each bet. This can be based on the odds or the risk of the bet. Bettors definitely consider the odds, and some bettors won’t even bet on low chances. Some others look for other market options to get better odds. I avoid making too many bets because, in my experience, it doesn’t turn out well.

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Today at 03:15:32 PM
 #67

How can it not be possible? Winning consistently means profit, and this is what I really like as a sports bettor because it shows that I am already good at sports betting and proves that my hard work has finally paid off. When you are winning consistently, it means you already beat the others who cannot win in the long run. You did.
Winning can happen consistently in row for many times but still there will be some losses I believe. Even if someone is very good at sports betting, still he/she can face losses because anything can happen in a game.


However, I also believe and know that there're people who mostly win their bets but even such people can lose some bets and that's normal.

When win rate is much higher than loss rate than it's not counted I believe. Someone who wins 90% of bets and losses only 10% of bets is a winner and he/she is someone good at sports betting.

 
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Today at 03:16:39 PM
 #68

Some bettors think winning more bets means they are already doing well. But that is not always true.

You can win many small bets with low odds, then lose one big bet and still end up negative. That is why profit is not only about how many bets you win, but also about the odds you take and how much you risk.

For me, a good bettor should not only ask, “Will this team win?” but also, “Is this bet worth the price?”

Do you focus more on winning picks, or on finding good value?
You're correct, And same when comes to losing too, you might be on a losing streak for a week or two but one very big win can change the situation to your favour. When I'm taking odds, I only pay attention to risk on odds that ranges from 1.50 and above; anything less than that isn't worth it based on my risk strategy, and because I don't like combining more than 3 games in a single slip, that's why I do this. Therefore, whenever I choose three games, I'm certain that, if the game is actually in the money, it will give me at least 3x return the amount of money.

 
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YOSHIE
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Today at 03:20:31 PM
 #69

Do you focus more on winning picks, or on finding good value?
In my experience in sports betting, I admit that placing a bet on a low odds team certainly has a big chance of winning, of course, as you said, if you lose once in a match with high odds, if you do the calculations it will actually be a loss, not more profit.

Honestly, if I place a sports bet, I generally place the bet based on my own values ​​and instincts, not guidelines on small or large odds.
For example: the match between South Korea vs. Czech Republic, the odds offered by the bookie are 2.40 x 2.20, if I focus on low odds of course I will lose, for that reason I weigh my own worth when placing a bet.

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