Do I Need Skills or Luck to Win Big?

Sports betting has attracted millions of people from all over the world. There are numerous contests happening every day, be it a regional football match or a national basketball game, and bettors are willing to place wagers. But what is it that makes someone be extremely successful at wagering? Do you need to have specific skills or is it more important to get lucky?

Before we answer the question, let’s consider an example: two bettors make 15 predictions for the markets with odds ranging from 1.40 to 1.60. The first player gets all 15 bets right and wins while the second person loses it all. It might seem that the first player is a professional with years of experience while the second one is a newbie with no skills and knowledge. But is it true? Absolutely not. 15 wagers are too small of a number to prove that someone is experienced and skilled. You can flip a coin 10 times and it will come up heads 10 times in a row, then 10 times in a row, it may come up tails. It will not mean that you are a lucky or unlucky player. It is just a theory of probability that has given such a random result. If you flip a coin 10 thousand times, your chances of winning will be approximately the same as those of other people. 

What to Do to Win More?

That said, when gambling on sports, luck is only a concept that describes short-term success. If you make 10 bets, you can get lucky at all of them. However, if you make a thousand wagers, the theory of probability will significantly diminish your chances to win. Every player has their good and bad times when it comes to wagering on sports. However, if a person is skilled and experiences, the chances that they will win grow dramatically. The chance of you winning or losing 1000 times in a row is so insignificant that it should not even be considered.

However, what you can do is to learn and gain knowledge every day by reading trusted publishers and statistics. You can be an active member of betting forums where people share their successes and failures and you have a unique opportunity to learn from them. You should only stick to one strategy when making wagers and spread your risks. You must never rely on luck if you treat sports gambling seriously and want it to be an additional income stream for you and your family.

Time to Play!

Even though you should not rely on getting lucky when gambling, you can increase your chance of winning if you do not let the emotions have control over you. Keep track of all the winnings and losses you have and analyze them. The more you play, the more experience you get, and the more likely you are to win. Choose only trusted platforms and make bets safely and have a good time!