Saturday, 1 June 2013

How To Think When When You're Betting

By Morgan Biscoley


I start off with telling what most people are doingwrong when betting. They place bet with their feelings and intuition, oftenly because they bet on their favourite team. A bet that "feels" right, is often the worst of all.

Why is it that way? It goes way back, it's in our back bone. The ability to feel, and feel what to do, is the main reason humans have survived.

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.

And now you really are wondering how this can be related to betting. Let me 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.

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

But when you're applying this instinct to betting, this same intuition very often will lead you the wrong way. You would filter everything through those feelings and make decisions from that, rather than taking the actual circumstances into a count.

Beginning to see where I'm going? To get the right measurement tools, instead of rely on what "feels" right, you hav to do research. Take real statistics and get everything black on white. That way you can make decisions and bets based on the true statistics, and not what you "feel". So what you need is a place to get statistics from. Because what happened in the passed will tell you what will happen next.

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.




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