Winning more bets does not always mean you are making PROFIT

[TopT3ns]

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.

The last thing you want to do is potentially come to monetary destruction. One of the main reason people lose large amount of money is that they're hoping to multiply their win rates when they're winning. If you have to resist the lure of greed when winning the rest of the time then you have to win the casino. The steady gains will always make up for the overall losses.

[len01]

Exactly. That's why I sometimes prefer betting on higher odds, at least @2.00+ or above. The risk is certainly higher, but the potential return is proportional to the risk I'm taking. Unfortunately, many people focus only on low odds as if they guarantee a win, even though the payout is often not proportional to the reward they receive, and they tend to overlook the risks involved.

[Agbe]

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

If the gambler is for the gambling for fun then winning more bet should be an entertainment of him to continue gambling the fun but whereby the gambler see the gambling as a profit making avenue then he will be focusing on the value of the odds. So op I am asking you ow, are you gambling for fun or for profit making?

[Zlantann]

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

I don't consider wins as profit. Gamblers should be aware that they have lost many games before they win. Their profit is when they have won more money than they have lost over a period of time. Sports betting is not about winning but how much you win is more important. This is why I also target games with high odds since they give higher wins.

[DubemIfedigbo001]

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.

This same reason is why I don't like going in with the big stakes, I prefer to keep my stage low or moderate especially when I'm betting on obvious favorites, truth is that the odds given to favorites are always very small, then if you use a heavy stake, your profit is little and if you loose, you loose heavy. Most people who use big stakes are in net loss, I see my friends sometimes thanking God they were able to recover their losses for the day, despite seeing more green tickets and few red tickets, it turns out that the profits from the more green tickets were only able to offset the losses of the few red tickets, although sometimes they make profits as well, so I agree that winning more bets doesn't necessarily mean you're in profits.

[Queen uloma]

You are right, if you focus only on winning picks, you will always be happy that you are winning small bets everyday. But one bad day, and one big loss can make you lose all your profit, that is why someone who wins eight bets out of Ten can still be seen as a lose. So for me, I will focus more on value, rather than wins. Because if the odd does not balance with the real chance, even if the team endup winning, it is still a bad bet. But if you find value, even if you lose some, the ones that you win will still cover up and you will still have profit. So for me, I am not chasing after wins but after value.

[HelliumZ]

Like betting, winning one bet is often equal to winning 100 bets. I often lose many small bets while winning a bet of $100 and end up losing more than $100. So, in betting, you definitely have to calculate profit and loss. There are many people who spend huge amounts to win a big bet and later it turns out that it is not possible for them to win big bets again.
This can be considered a kind of intense greed that awakens in people unconsciously. In whom the greed to achieve such a profit arises, he will keep betting more than once. And he will be so obsessed that he will not stop betting until he wins a big profit.

[Cointxz]

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?

That’s accurate.

I always focus on precision of my bets and bet value over quantity especially if it’s small odds since a single or couple of losses can erase those previous win.

Also, the more you bet means the more house edge you are taking that’s why having a a good value on your bet is the most efficient way to place bet than focus on huge quantity with low odds.

[Sammye3]

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?

The results of betting is unpredictable, and you could be betting for bigger profits and at the same time for fun, that makes it a lot more easier to deal with the losses. I would always choose to bet huge on small odds than risky odds and it has not always being a win for me but I could say that I'm in more profits than losses.

Betting should not be an everyday activity,  that is when it becomes a habit and losses pile up more than expected. Personally, I dont bet when the games look unfamiliar and the odds are a bit tricky and that has saved me from a lot of losses. It's best for every gambler to learn what works best for them and stick to that principle.

[Somegory]

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?

My loss doesn't count, it's not something to discuss about so every win makes sense to me, I understand where you coming from but I risk too small for your point to matte to me.

I can afford to trade a dollar for 60days straight with no problem and not even expect to win anything back, I risk too small money on gambling to be worried about my money.

[swogerino]

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?

I like also most bettors focus more on will this team win rather than if the bet is worth it or not. Despite seeing a lower odd the first instict of any gambler, especially sport bettors is how much are the chances to win this game, what is the percentage this event can end in a winning bet for me and very few people focus on if it is worth the risk view point. Normally most people would bet a 1.50 odd or like Mexico yesterday 1.45 one rather than try an over 2.20 odd where the risk is significantly higher. Of course you can end up negatively over the time with low odds but you can also get to negative territory from the very first bet by chasing higher odds or value.

[nimogsm]

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

Yes, the system isn't bad, and you can bet on it for quite a long time, but one draw can ruin everything. That happened to me, so you can't trust this strategy 100%. Even the favorites sometimes make mistakes, and after that, I usually look for games with higher odds to recoup my losses.I choose to focus on 2-3 bets rather than waste my attention on 5 or more.

[Dewali]

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

     
        This is actually absolutely true, winning dmore bet does equate how profitable you will become, that's actually doesn't guarantee you succes in long run, rather it's  being consistent on hw you stake what you can afford lose and sticking rules of your game plan on a long run has a higher chance of making profitable.
    In gambling I see most people get easily driven by emotions as result trying to recover their loss not knowing that , it's part of which the system is build upon to chase your loss in order for you to commit to more losses.chase your losses.
    

[Oasisman]

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?

I am inclined more towards finding good value. You can have a winning pick, but it can be considered a bad bet because the odds aren't really worth the risk. Then you could lose a bet, but it can be considered a good losing bet simply because the odds are in your favor. You can hit 1 out of 5 good odds but can still be profitable.

I believe bettors who are profitable in the long run are not those who simply pick a good team to win, but those who consistently find a way to beat the odds. A regular sports bettor can simply choose which team will win, but they are missing the real challenge of determining whether the odds set by the bookies are most likely reflecting the real probability.  

Well, these may sound easy, right? but nah, finding a good value is and always very challenging. That's why most people just simply pick which odds or teams are most likely to win, without understanding whether it is worth the risk.

[Inwestour]

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?

Of course, it depends on the approach, and here it is important to strike a balance between winning and the odds because some bettors do not play for profit but for the feeling of winning. Such players usually bet on low odds and most often place small bets because the feeling of winning is what matters most to them. But if your goal is to maintain long term profit, you will need to bet on higher odds, possibly with relatively small bets. In that case, there will be more losing bets, but the potential overall profit can also be much higher.

[YellowSwap]

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 you are risking too much on gambling to the extend that your win isn't cutting all your losses after many gambling activities that's your problem, it shows that you are irresponsible with gambling.

How much you are risking is what will determine your feeling when you finally win, if you have lost over a thousand dollars on gambling and you later win $700 it means that you are still in loss.

The question is why you risked that much amount in the first place on gambling because if you can afford to lose that much you won't be bothered at all, so therefore I believe that only those who risked too much on gambling do some calculations on how much they lost..

[michellee]

Although I won two times from 2 matches on World Cup, I am not doing well and just trying to be calm. But I don't ask about that and only bet on the match that I know and just leave it and waiting for the result.

I just analyze the match and not think more about the match because the match can change and everything can happening on the field. I don't have a big expectation and let my analysis giving the data to me so I can place my bet or search for other matches and focus on the next matches will be better for me.

[AHOYBRAUSE]

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?

LOL, I don't get this thread. You could as well call it 1+1=2 , would be the same since you are stating the most obvious calculation ever.
Of course if you play low odds like 1.5x or something you have to win many bets to stay in profit and erase lost bets. For every 3 bets you lose you have to win 6 bets, just to break even. So out of 10 bets you have to win 7 if you want to be in profit when making bets on around 1.5 odds. That's not easy to accomplish since even those odds lose very very frequent, I unfortunately know this very well.

So yeah, it's all about value, always is, always has been, always will be.

Ah, and don't forget, if you win too many of your bets there will be another problem. Casinos tend to limit your ass or even accuse you of "advantage play" or whatever other excuse they come up with not to pay. 

[Outhue]

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..

This is even too much, I would risk $10 to make $100 later and that's good enough, the plan isn't even about making life changing money because I know that the chances of this happening is 1% out of 100, gamblers are better off preparing to lose money and to win money, calculate how much you are willing to lose every week to gambling and stand by that.

If you don't win anything meaningful later on it's still going to be fine because you won't get hurt simply because you just keep losing, someone has once told me that this is why I will never win big and I told them that I never prepared to win big, but to lower my chances of losing big.

[ultrloa]

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 they are happy with small wins they get then its fine, but they should not assume that they are actually winning base only on stats.

What really matter is their overall take home after their game ends, since that small wins could actually trick them but at the end as what you just said they could turn negative if it happens that their one time big time bet lose instantly.

This incident shows that we should stick on our budget and any plans to raise it may ruin their overall strategy, also their discipline followed.