Post
Topic
Board Gambling discussion
Re: Recency bias
by
bubilas
on 15/06/2025, 13:21:47 UTC
In watching sports, it is very common for fans to have recency bias especially if fans are new. They might not have watched certain important events so they end up only believing what they have witnessed from recently. If a team wins the latest match, fans might think they are already at the best form of their careers.

In sports betting, this can hinder you from making rational decisions. Sometimes, people fall for short clips cut specifically to make an athlete look good or cool. This is very common on reels or tiktok. How would you combat recency bias? Or do you even believe that recency bias is a thing? or do you believe a team or athlete is only as good as their latest match?

I observed this phenomenon when the Spirit eSports team suddenly won the entire International (Dota 2 tournament) for the first time. They were underdogs and no one really knew them. But after their victory, everyone immediately started rooting for these guys, making videos with their best moments and looking up to them. And I think many people started betting on these guys, which is why such grief bettors lost money, because if someone took the first tournament, it does not mean that they will now win absolutely everywhere and constantly. This is a misconception.