What is proper analysis and experience in sports betting? I believe this plays a little role when someone is trying to win. I will try to explain why I think so: gamblers are very familiar with sport, teams and performance during season. The maximum what they do are remembering top team names, their approximate performance last year. For example football bettors know that Real Madris is way stronger than Sevilla; that is easy to guess. But when Real Madrid faces Barcelona, their prediction turns into random choice and a tiny advantage after looking at current standing. This is the moment when instinct should turn on and help, but it depends mostly which team is more on hype lately while making betting decision.
You're on point mate, in most cases you depend on your instincts when the decision becomes tough. But there are time where the smaller teams manage to win the big teams even when their previous records shows that they are in form. And sometimes your instincts will tell you to pick a different option rather than going for a straight win. So in both cases your instincts could really help you to avoid lossing your bet, and on the other hand, your instincts may not be correct, infact sometimes your instincts will lead you straight to loss, that is why its gamble. We cannot always predict the outcome of every game, sometimes even the bookmakers fall victims with their analysis by determining the odds.
Betting by relying on instinct is not wrong, especially when we play casino games, but if we talk about skill-based games, then applying analysis is much better because it is useful for increasing opportunities while combining it with your instincts if needed, and yes what you said is true that sometimes even though we have analyzed the match correctly until we finally find a team that we will bet on, in the end they actually lose in the sense that our predictions are wrong and that's where luck comes in, in the sense that when you still experience defeat even though you have analyzed a match correctly, it means that you are still far from luck, in essence, as you said, no matter how we bet, in the end there is still the possibility of defeat and this is the reason limits must still be used.