I have gat to realize that at some point what actually influences how much I bet at a time I mean on one bet slip is the confidence I have on the games I picked for a possible outcome whereas when my confidence or expectation of the possible outcome is very low I tend to gamble with a more minimal amount compared to when am much confident of the bet for a possible outcome
Yeah self confidence matters alot but not in most cases, sometimes you might bet on a game but yet your confidence in the game can guarantee you anything. But most importantly when you're having so much hopes for a bet it doesn't mean you will stake up with huge sum and when your low in hopes for the game, you go for low odds. I think it's not usually favourable this way cause you'll tend to lose more having out so much amount on the bet and having do much confidence on it, so it's best to bet with a low odds and no much hopes to keep your mind at base of no regrets later on.
It is generally good to have confidence in gambling. Because when a gambler bets with confidence, his chances of winning increase. When a gambler grows overconfident, he will keep losing. Because due to overconfidence, his bet amount will increase to a large extent. Gamblers will be more greedy, so it is better not to be too confident in any bet and to bet according to what he can naturally lose. Many times it is seen that when the odds in gambling are low, then they become overconfident and increase the bet amount to a large extent. If they lose in that type of bet, then the gambler's loss amount is very high. There is a risk in every bet, so it is never good to bet with overconfidence.