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Everything is relative. Any of my bet may look crazy for outsider but if I believe in it then it is very logical for me especially if the given bet resulted from the careful preliminary analysis of different alternatives. Thus I would not consider any bet made by anybody as the insane one. Instead I would prefer to regard them as to be either logical or non-reasonable at my angle. Needless to say that both logical and non-reasonable bets may result in big pay off. This is the way the luck is working.
You're right sometimes the analysis we make about a particular event can even fail us at the end, why those that don't even make any analysis before betting will end up getting a good result. of course I have seen a situation like this before, This is why as a gambler is always advisable to gamble with what you can afford to lose. because no matter the analysis we make towards gambling as long as luck is not on your side you will definitely experience lose in gamble.
Is just like those people who always talk about having confident in gamble, without knowing that there's nothing like confident in gamble. for the fact that one experience win in gamble doesn't mean that is due to the confident he has towards that event that made him win, obviously gamble is just a luck based believe it or not.
I'm not sure if confidence helps or hurts the gambler game
because you can be overconfident and march straight to the abyss so it's not always a good thing
it's way more about luck, a little bit about skills and a lot about risk management and bankroll managament
Also by paying attention to the minorities of issues that could affect the result of that game, gamblers mostly miss out on observing closely events before the match begins, different conditions can have a wrong impact on the outcome of the game and if such cases are not conserved before betting it can lead to higher chance of always losing.
Skills are necessary while luck plays on how best the gambler applies his skills, a well proportioned skill placement when making selections increases the chances of being lucky.
Yes, you are indeed right on this one on which at the moment that you will really be that pretty aware with those informations specially if its really that near game time on where there are indeed instances that events that do happen before the game will be starting up on which just been said that it will really be that making out some effect to the outcome of the game but of course lets not really that come into denial that luck factor will always be the most important stuff when it comes to betting or gambling. It will always be significant and these kind of chances could really be that happening and this is why you should really be that considerate about such probabilities. When we do make out some bets then there are really those times that we do follow up our intuitions on which this is indeed could happen.
Getting overconfident isnt that shocking and thats why you will be making out some bigger bets on which it shouldnt be supposedly to be done by someone when doing up some bets because this will really be causing up that kind of situation. Good for you if it turned out to be that a win but if not then it will really be that resulting into frustration on which this is the common situation that you are really that into. There are certain scenarios on which you do make out some changes in overall analysis t hat you had made out earlier whenever this one happens.