Winning more bets does not always mean you are making PROFIT

[Vaculin]

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?

[Sanitough]

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.

Maybe if the time comes that I can build a decent bankroll, I would be satisfied with just 1 bet per day. I know the result, if it wins, would already satisfy me.
So it depends on the situation and how we gauge it is by how much we bet.

[Woodie]

There are a lot of factors  to consider here, the stake   and at what odds... If you losing $400 on bets bets every week  and then one fruitful week you decide to make a 30odds betslip and stake $5000 which wins clearly you are in profit.. I don't know how this statement can be qualified but this is a 50/50 thing...

Btw If someone was placing bets on 1.05odds daily, I can assure you this approach can benefit a punter that knows their sports..

[mirakal]

Btw If someone was placing bets on 1.05odds daily, I can assure you this approach can benefit a punter that knows their sports..

Damn, that is very brave. So let me ask, how is it going?

I ask this because I had some kind of betting style like this in the past, just as part of an experiment. You know, that kind of odds seems like a guaranteed win, but like many have experienced, I still lost in the long run.

So if you are doing it on a daily basis, that is like 20 bets just to win 100% of whatever amount you placed. That is not as easy as it looks.

[TokenTikas]

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

Normally, anyone can understand this from a personal point of view because winning more bets does not always mean you will be in profit. Sometimes, when a big bet loses, even all the small winning bets combined cannot make up for that loss. That's why I personally do not focus only on bets that are likely to win. Instead, I try to find bets with good value. Personally believe that this is the right way to place a bet.

[Akbarkoe]

Yes, it is true that how many wins do not indicate that we are profitable, for example, in a single bet with the same capital of $100 in the first and second betting positions I won the bet, but the odds I received were 1.3 and in the second match 1.6, while in the third bet I lost at odds that were not much different, of course there was no profit, right? which means I lost $10 even though I won two matches.

I always want profit and hope that all the bets I make win, but in reality it is not always like that, from many bets that are won the profit may not be there, and that is your risk as a bettor in seeing the results of your bets.

[Nrcewker]

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

People need to understand that quantity doesn’t matter; quality does. That’s why making hundreds of small bets for small profits doesn’t make much sense when you can place a well-calculated bet that has the potential to generate a significant return at once.

I’ve also noticed that many people ignore the fact that every time you place a bet, you are putting your money at risk. The more bets you place, the more often you expose your capital to risk. Therefore, it’s better not to bet frequently. Instead, wait for the right moment, the right match, and the right team before placing a bet.

A single perfect-timed bet can completely change your luck and fortune. Just make sure you do proper analysis before placing that bet.

[rbynxx]

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?

Yeah, but to be honest, I'm all in to the value. I used to brag about hit or win rate until I actually study my bets and that I realized most of my wins were on 1.5 favorites or even lower and that barely covers if I got a losing one. Now, I look at the odds first then decide if it's even worth a bet, doesn't matter how good the pick feels. Winning rate is just some kind of vanity stat if the odds don't back it up imo.

[Ishicryptic]

I agree that winning more bets doesn't mean that you're making profit in some sceneriors because you can be using small amounts to stake and you will be winning but when you decide to use a lot of money because you're probably feeling very confident you lose your bet. In such a case your one lose have overshadowed your short-term small winnings streak so the amount that you choose to gamble with matters a lot to determine your long term profit and lose in gambling. This is why it is better to maintain consistency with small amounts that you can comfortably lose so that if your winning streak ends and you start to experience loses it wouldn't affect you negatively.

[Hewlet]

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.

If you can win small bets regularly even if the odds are small, does it not mean that if you use a bigger amount that you will win bigger? i know this is where gamblers get caught up but then, your concern should be that for every bet you are making, it should be one that is of quality and not just a random bet. as long as you place your bet on after a thorough analysis and it has been giving you regular wins, increasing the amount you are using per bet is not bad as long as it is still within the range of an amount that you can afford to loose.

[Betwrong]

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. ~

To end up negative it is not necessarily to lose a big bet. If you are making bets with low odds, like, 1.1 or 1.2, to be negative it's enough to lose one in ten or one in five regular bets. And yes, the impression you get is like you are constantly winning, while you are in negative profit in reality. Keeping track of your wins and losses is highly recommended to avoid this situation. But if all your bets in a month cumulatively less than what can easily afford to lose, you can relax and do nothing in this regard: Just bet and enjoy your frequent wins.

[shawonngp]

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

Those who only focus on winning more bets, at the end of the day, if they calculate their wins and losses, their losses will definitely be more than their profits, because they calculate how many bets they won. They do not calculate whether their winning bets were small or big. It is much better to win with 1 big bet than to win with 10 small bets, I think. I definitely focus on winning more bets, but I calculate on winning big bets. So I think winning a lot of small odds bets is not a profit when you lose just one big bet.

[TedMosby]

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

It's called risk management. Finding a match worth betting on that has a better risk-to-reward ratio is one of the risk management processes. It doesn't only apply to betting, but to trading as well. If you set your risk-to-reward ratio and stake strictly from the beginning, it may help you win, or at least prolong your run in your gambling journey.

However, these are the things that are difficult to do for gamblers, especially beginners like me, who usually place bets emotionaly based on feelings. I focus more on chasing winning picks than finding good value.

Sometimes I simply bet bigger on my favorite team, a match that I watch on TV, or a big match in a major competition, like the UEFA Champions League. The World Cup is also one of them. A 4-yearly event that is hard not to get involved in, at least by watching and betting on the team you support.

[rachael9385]

You are absolutely right, in a nutshell consistent gamblers will always end up losing more in the long run because that's how the game was designed. The only way to win is by taking a permanent or long break after winning a huge amount because the more you keep on playing there is no way you would be in profit.

[giammangiato]

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?

That's basically what I've always done, but to lose a big bet you still have to bet a lot, so if you always keep balanced on the number of bets and small amounts you'll have more or less regular continuity.
Obviously it depends on the number of bets you win and lose, but you will still have an economic constant, without going either too low or too high with the bankroll.
As you say focusing on "winning" bets is debatable, how do you know they are winning? You can only guess a good chance of success, but never have mathematical certainty, let's dispel this myth please.

[coinrifft]

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

Both, I think you can achieved those goals if you have the self-discipline not to bet as many as you can, but the quality of your bets. And it's no secret that in order for us to be successful in sports betting, then we should have the patience to wait what games to bet.

But I do agree that winning more bets doesn't equate more winning or you are making profit. You just simply might overlook it and says that you are in a profit but then when you calculate and take a closer look you can still be in the negative.

[cryptoaddictchie]

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?

Its funny cause some think that sharing some screenshot of wins and profits are always winning on the side of user but never they know that they are hiding their losing streaks just to please their ego.

I remembered my friend bragging his jackpot win on gambling but I asked him about his losses and he didnt nod at all like you already know that his lose money are almost the same with those profits in green.

But all in all if you computed the results from winning and losing youll end up seeing negative result more.

[Nahl]

Sometimes focus on quantity is more good than the quality which i mean, winning bets on low odds is much better than chasing won the bet on high odds and in sport betting won the bets from high odds mean you will put your money to the teams with high potention to lost because if you won it automatially the payment will be very high following the odds

But people should be realize that won the money from high odds is quite difficult even people too have suffering few loses before won it which is not profitable. In my opinion if we speaking about profitable i personally more prefer to placed my money into low odds that because it is much effective rather than chasing high odds which has low percentages to won

[viljy]

At one time, I followed a strategy of making a lot of small but risky bets. Sometimes I win. This strategy was based on such considerations that the more bets there are, the greater the chance that there will be value among them. And also that it's not a pity to lose a small bet.

However, over time, it became clear that such a strategy has no particular advantages over finding a bet that is truly valuable. It's not as easy as making a lot of bets, but at least it makes more sense. By the way, the strategy of multiple small bets is closer in principle to casino gambling than to betting. Because the concept of small bets is based on the calculation of probability, and not on the analysis of the value of the bet.

Although recently I have been betting only on prediction markets, there is no fundamental difference in this regard with bookmakers.

[Localhostspeed]

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?

If I'm winning small bets, then I will keep to that small bet to avoid losses. This is the problem of many gamblers and how they loss money frequently. In gambling, you need just one strategy, if you are winning small bet, keep to that small bet and make sure you don't increase the wager or stake, just play it that way, you will see that if you accumulate that win, you will be happy that you did, the aim of gambling is to win and not to lose money to the casino and you already killing it.

Some gamblers quick change their stake on small win and that's another mistake. If you are using small money, keep using that small money and don't increase it even if you are tempted to increased it, don't do it because the moment you try to increase it, then greed start to set in, you non longer make follow your strategies to win but to make big money and that's how you start to lose. I don't even see any reason why a gambler should increase their stake for nothing.