In this article you’ll learn something you ever wanted to know (and then some!) about how to make smart statistical bets based on how well you understand and interpret information.
And that’s what it’s going to take to win.
Are you a winner? You only need a few things in order to get started: a small stake to begin your initial investment and a willingness to learn. But the number one thing you need to do in order to be successful at betting is this: you need to separate your emotions from your intellect.
We are emotional people and that means that sometimes it’s easy to become anxious about a bet. But statistics is not about emotion. You won’t find emotional quotient in any good odds calculation. While your gut feeling does come into play from time to time, you shouldn’t consider emotions as part of your decision-making. You should use facts, numbers, and cold, hard intellect. That’s going to be the key to an increase in winnings.
You’re not going to win every bet but the more information you take in and the better you become at interpreting it, the more likely you’ll be at knowing whether or not you should place the bet, and for how much, etc.
That’s what statistical betting is all about. It relies on the fact that many people have already done the research to uncover the potential wins and losses on a particular event. Rather than requiring you to do all that work again, statistical betting takes the odds that the bookies offers and interprets it so you can uncover potential gold mines.