Monday, June 3, 2013

How To Think When When You're Betting

By Morgan Biscoley


The biggest mistake everyone make when they're betting is that they bet with their guts. Either do they have a favourite team, or a favourite number. Or even worse, the bet "feels" right.

Why is that so? Well, basically it is in our human nature. The main reason that human kind has come to where it is today is because of the ability to feel.

The evolution of human race hadn't come this far if it wasn't for the abilty to make the right choices. And to back your choices up with something, you use the only measurement tool you had. Namely you feelings and senses.

So what the mumble has that to do with betting, you think. I'll explain.

In the spirit of evolution, the individuals who could take advantage of earlier experiences to make better decisions would also outlive the individuals that couldn't. They developed an ability to learn from the past. The things that had went good before, would most definitely work again.

Therefore it has always been an advantage to "feel" what to do. The intuition is our best friend in that situation.

But when you're applying this instinct to betting, this same intuition very often will lead you the wrong way. It will distract you from making proper decisions. This is because of the filter you see everything through, rather than see things as they actually are.

Starting to get it? You must do this instinct to your friend and use it instead of fight against it. To do so, you have to do research. Take real statistics and get everything black on white. That way you can make the right decisions and bets based on the true facts, and not what you "feel" is right. So what you really need is a statistics base. Because what happened in the past will reapeat itself. Again and again.

Where can you find statistics? Think about it for a moment. You will probably come up with some useful sites. Remember that notonly recent stats are important, but also previous and historical stats will matter.

To help you out there are some good programs that will help you, which provides you with good base of statistics. These will provide you with facts, and make it easy to know what to expect from those single events you want to bet on. It's easy to make money on betting when your well prepared.




About the Author:



No comments:

Post a Comment