A few months ago, I came across a post that claimed that the world of risk, that is, stock markets and sports and non-sports betting platforms, is counter-intuitive. This means that you can’t rely on intuition there, but you have to rely on counter-intuition. I must admit, that was the first time I heard the term counter-intuition. This term was first used by Russian trader Alexander Silaev. However, I would like to talk about counter-intuition in relation to sports betting. Do you admit the existence of the term counter-intuition in relation to sports betting? If you ask me what it is, I will answer that it is a set of rules that limits decision-making based on the “unconscious principle”. But intuition is an unconscious principle, in which you cannot clearly tell yourself on what basis you made a bet.
I don`t believe in intuition mostly. The only situation when i think that intuition is possible - when it is experienced gambler and it looks like automatic analyze, when he understand that his analyze has a mistake, but he still don`t see it.
Counter-intuition looks much more useful for common gambler. When lots of people believe in luck, it is very useful to stop yourself before silly "luck" decision. You need to believe in analyze, and follow your strategy rules and don`t change your mind.
PS. For me it was difficult enough on the start to stop myself, especially after wins - i wanted to increase bet, to make bet on unanalyzed match. I don`t have statistics, but i think that with intuition i would lost big enough part of profit.