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Posts : 1
Join date : 2022-12-17


Sat Dec 17, 2022 4:19 pm
To bet well is more than having a strategy. It's having a gambler's mindset.

If you love betting, you think every day about strategies that can make you an increasingly successful gambler. You already know that methods, strategies, intelligence and analytical skills help. But here we are going to talk about something that goes beyond this: the gambler's mindset.

Mindset, in a free translation, means mentality, way of thinking. It can also refer to a personality trait. So, follow these 5 tips that will make you develop a professional and balanced bookmaker mindset.

1. Be truthful to yourself.

There is no way around it. For many gamers, 'bigging up' victory is part of the enjoyment. However, if you are talking about your gains but not earning any long-term profits, you should reconsider your betting strategy. This is a typical tendency of gamblers who want to seem successful or convince themselves that they are winning when they are not.

If you want to be genuinely effective at the game, you will not regard winning as unusual or losing as something to be ashamed of. Winning and losing are both natural parts of the game. You need to know that you made a sensible decision when you bet, regardless of the outcome.

2. Be firm

Even if your strategy is not going as planned, you must remain disciplined. Variance will cause you to not always win, no matter how clever your betting strategy is. Overcoming difficult moments and trusting what you know to be a long-term winner is one of the traits that separates professionals from recreational bettors.

3. Make sense of your conclusions

Before you leap to judgments, consider this: why would my plan be profitable?

Try to provide a logical rationale why your proposal has an edge over the bookmaker or exchange. Avoid forming hasty judgements.

This also applies when putting together your own odds. You should endeavor to ensure that your calculations make sense. You should double-check your figures and ask yourself whether your odds are more accurate than the market or simply represent your opinion.

4. Always analyze and refine

Successful bettors almost always create, refine or verify betting strategies by analyzing past results or market behavior. To do this, you will need to download or collect historical data and set up your spreadsheets. If you are skilled, you can simulate the past profitability of a strategy on a large set of results.

5. Don't overstretch yourself

Smart, professional gamblers are conscious of their bankroll, especially at the beginning. If you bet beyond your means, your professional gambling career will be very short-lived.

Aside from the previously mentioned strategy, how can you avoid overstretching? First and foremost, analyze the odds on which you are wagering. For example, if your average odds are 10.0, each bet has a 10% implied win rate. At these odds, it's not uncommon to lose 20 games in a row, or even more if you're unlucky. As a result, if you are playing huge sums with a little bankroll, you must be prepared to lose.

And, never lose your cool. So, over time, you will develop a professional gambler's mindset. With practice, your mindset for betting will become more and more natural. Be sure to follow the casino software blog. The best content about betting and gaming is here.
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