Quote from: mirakal on December 11, 2023, 05:26:34 AM

Hello! I'd like to pose a question to my fellow gamblers here. Since the topic of sports betting has been gaining attention recently, allow me to ask:

So, the question is... Which are you better at: selecting the right bet or managing your bankroll?

And, how has it been going so far? Are you profitable or not, and why?

I've tried focusing on each of it one at a time. When I just started gambling, I was focused of knowing or determining the right bet but since no matter how good my analysis was, the thing is lack of assurance with the result. In the long run, it would be better to manage your bankroll well. You could win 8/10 bets today and by tomorrow you could be 0/10; it'll be a loss already. But if you have efficient betting strategy concerning the amount you would wager, your winnings yesterday won't be lessen by your losses today. It is a matter of securing your wins especially if you are not really getting a good series of bets.

So in the long run, anticipating the tendency of losing is way better than seeking for that jackpot. Just like with some sports; your defense is your best offense. The idea of being preventive of loss will eventually increase your winnings and that is simply efficiency with our bets.

Quote from: zaim7413 on December 12, 2023, 03:08:03 PM

I will select the right bet for the sake of managing my bankroll. There are times when I have to restrain my desire to bet if I am not sure I can win the bet. For example, in soccer betting, when strong teams such as Bayern Munich vs Real Madrid will fight on the field for victory, I will skip betting on the match for the sake of managing my bankroll.
Waiting is the best decision for me, this is what is called selecting the right bet. When I am sure I can win a bet, I will try to risk some of my money to win, I often do this habit to achieve my betting goals.

Indeed in some instances it is a combination of these two. Sometimes we are too eager to just place a bet even without confidence. It is our way of just seeking for profit (a normal assumption in gambling) but impulsive in a way.