Right now, we're all enjoying the NBA playoffs. So far, I’m being more aggressive with my bets because I feel more confident the best teams are playing!
But even though I believe I can win, sometimes I get greedy because, honestly, my bankroll isn’t that decent.
Sometimes, I aim to win like 10x my bankroll.
So what I do is bet on games with higher odds, like I’ll watch the game, wait for a team to fall behind, then when the odds shoot up (like x5), I hammer it.
But based on experience… it’s not really working out anymore.
There’s also the standard betting with odds like 1.90, it's safer, but the journey feels so slow.
That’s why sometimes, I really get tempted to chase those high odds.
Any advice for me?
Actually yeah. It's not greediness that fails you, it's the assumption that you would win because you used to win.
You think it's not working anymore, but it never did. There's no system, there's only change or luck if you will.
Humans have developed pattern recognition skill to help us stay alive. In modern days it shows as an urge to find patterns in everything.
Like winning streak for example, we try to reason with it, because we want to repeat it.
But our pattern recognition skill isn't developed for gambling, or understanding the logic behind probability.
We like to think we can do it, but you can compare that skill more to something like finding patterns in the clouds resembling animals.
It makes as much sense.
You win or you lose, just don't assume that can repeat the win or loss in same way.