9 Signs You’re a Betting Expert

Becoming an expert at anything takes time, patience and a lot of diligence, and betting is no exception. But there are certain signs that indicate when you’ve crossed the line from amateur to expert.

You Understand Probability

Probability is the study of uncertainty and it plays an important role in gambling. With any bet, that can be placed at timeform.com, or any betting site, there’s a mathematical formula that determine the likelihood of you winning or losing, such as with roulette games. Having a decent knowledge of probability is what sets the average gambler apart from an expert gambler.

You’ve Done Your Research

There are countless sites, books and informative courses on the art of gambling and how to bet properly. Betting experts have done their research, they know the tricks and strategies, and they’ve tested them out to know what works and what doesn’t. From card counting and poker to blackjack and sports betting, being truly informed about what you’re betting is important.

You Specialise

Following on from being informed, betting experts know when to specialise. There are numerous avenues you can take when it comes to gambling, from casino games and card games to sports betting or horse racing (which you can place at timeform.com). Making the switch from a generalised gambler to choosing a niche allows you to really hone your skills and gives you the best opportunity of being successful.

You Spend a Lot of Time Betting

One of the easiest ways to become great at something is to practice so anyone who bets a lot will gain knowledge and experience that amateur bettors won’t have at their disposal. Most gambling experts spend a lot of time putting their strategies to the test.

You Avoid Sucker Bets

A sucker bet is a bet with a much higher house edge than you should be considering and it’s difficult to consider yourself an expert gambler if you’re constantly making these types of bets.

You Maintain Records

Expert bettors keep notes of their gambling activities and the outcomes for future reference and to keep track of their progress, both good and bad. For gamblers who have hopes of becoming professional, this is a great reference to have as it makes it very clear just how much money you’re making (and more importantly losing) from your betting efforts.

You Don’t Chase Losses

Chasing losses is an amateur’s game and any betting expert will know when to stop and accept their losses. Which brings us on to the next point…

You Know How to Manage Bankroll

One of the most important factors to long-term success is staking within your means and any expert bettor will know when to quit if they have reached their financial limit. That means that bankroll management is crucial, along with discipline and self-control.

You Can Keep Your Emotions at Bay

To be a successful bettor, you need to know how to avoid placing emotional bets. Letting your emotions get the better of you is an easy way to risk losses. Gambling is a mind game, particularly when it comes to things like poker, so it’s vital that you can stay objective.

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