Wednesday, 29 March 2023

How safe are “safe bets” 12y3a

Much has been written and discussed about safety, risks, expectations and organization of sports betting, but too many aspects are far from clear. Every punter conceptually juggles with safety and has his own system of judgement. As far as risks are concerned, even if they have been and continue to be identified, it is very difficult to measure their impact and not necessarily their likelihood. As for expectations, they are natural and specific to gambling. Progress may have been made in of organization and money management systems are showing results, but… 54x2f

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Punters’ level of organization is still far from that of poker players 54m7

Is the intervention of chance in sports betting greater than in poker? Are punters more careless, less organized, less informed? Do they put less effort into continuous study and adaptation? Are they managing their gaming budget less efficiently? Questions to which any answer is attackable, especially when bad luck, bad luck, lack of inspiration can be invoked.

A friend smilingly told me “I’ve been inspired all my life, but I haven’t had much luck.” Impossible to combat coherently especially after 10 “lost tickets to a game”.

Have you ever really analyzed the risk? 3ce5i

You can do an exercise where you consider the real risk. But nobody bets to lose. They bet expecting to win.

Risk is characterized by probability and impact. Probability, in this case, refers to the chances that an expected event will not occur. For example, in the case of the match, CFR Cluj – Lazio (Conference League) X2 @1.20, we could see a win for Cluj while we have a draw or win for the Italians on the ticket. Impact, in this case, refers to how we are affected by one or more lost bets. The manifestation of probability leads to an impact that may have financial, psychological or other consequences.

Sports betting practice. As for the risks, you usually ignore them. 1s424m

Picking a few football matches of interest on an eventful day. Of course, each of us has our own criteria and measures choice security differently.

Anderlecht – Ludogorets Razgrad 1 @1.90

CFR Cluj – Lazio 2 @1.80

Partizan Belgrad – Sheriff Tiraspol 1 @1.90

AA Gent – Qarabag 1 @1.90

It’s not easy to organize and choose:

  • I play all these matches as “front man”
  • I play all these 4 games as double chance
  • I choose between final result, double chance or other type of bet
  • Game system variants 2/4 or 3/4
  • I play all these games simply by betting the same amount or percentage

The important thing is to make a profit, but that’s easier said than done. As for the risks, you usually ignore them. But the higher the stake you use or the more bets you place, the greater the impact of the risks can be.

Risk management in betting is considered a two-step process. First of all, it is the size of the betting budget. Then there’s setting a stakes system that balances the risk of losing the whole budget with making a steady profit.

The objectives of sports betting 3e126t

One thing that influences both stages of the risk management process is the objectives.

Is it a hobby? Is it a secondary source of income? Is this your only income? The reason this is so important to establish is because one of the biggest enemies of discipline and consistency is frustration. The biggest source of frustration comes when you don’t get the results you want. And then you need to be aware that your risk management tactics need to match your objectives.

In conclusion, there are NO safe bets! All you have to do is set realistic goals with a budget you can afford.





Author: Editor

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