Post
Topic
Board Gambling discussion
Re: Don't trust your intuition.
by
Questat
on 24/02/2025, 11:47:18 UTC
And what do you think - what is the role of intuition in gambling? How often do you rely on it? Can relying on intuition lead to long-term success in gambling?
No one can say exactly how much intuition works in gambling, and if you think about it in sports betting, intuition won't work. This time in the Champions Trophy match between Australia and England, England scored 351 runs, which means that intuitively I thought England would win and so I placed a bet, but my intuition didn't work and Australia won that match. However, in the case of trading, intuition can be somewhat successful because it is possible to get some idea of where the market will go in the future, but in the case of gambling, it is not possible to make any predictions in advance.
We can use our intuition but not to the point of completely relying on it because that won't guarantee anything. Gambling is a game of possibility, and we could think that our favorite team never wins all the time.

I won't agree it is useless in sports betting or any form of gambling because that works sometimes. Of course, this never says that we neglect research, which I think is perhaps necessary rather than using our intuition. I believe it is better to take both and weigh which is to follow in a specific situation.