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Friday, July 7, 2017

Being on tilt: Gambler’s ruin and Gambler’s fallacy

Being on tilt: Gambler’s ruin and Gambler’s fallacy Even if you are not familiar with the term ‘tilt’, most bettors would have experienced it at some time or another. The phrase ‘being on tilt’ is most often used in poker, but can also be applied to many other situations. In betting, it means to be…

Saturday, July 1, 2017

How to bet like a pro

How to bet like a pro   Everyone in the betting industry strives to become a better bettor, and ultimately earn bigger profits. To do so, you need to practice and master certain skills. This post will outline some of these.   In-Depth Self Analysis   Simply keeping track of your wins and losses is…

Sunday, June 25, 2017

Betting psychology: the optimism Bias

Betting psychology: the optimism Bias The optimism bias The optimism bias is a widely occurring cognitive bias which causes individuals to believe that they less likely to experience negative events, or that positive events are more likely to happen to them compared to others. In everyday life, you may hear that being an optimist is…

Wednesday, June 14, 2017

How to regulate your emotions when betting

How to regulate your emotions when betting Emotions If you are a bettor, you will almost certainly be familiar with what it feels like to lose a bet that was practically guaranteed to win. On the other end of the spectrum, you are probably also quite familiar with the feeling of excitement and relief of…