The Psychology Of A Winning Bettor: Traits Of Profitable Punters

 

The Psychology Of A Winning Bettor: Traits Of Profitable Punters

Winning is actually about mindset rather than odds and statistics. Mental habits are the best for a successful bettor.  attitude, emotions and discipline will make the difference in winning always or losing every day. Here are the key psychological traits that will differentiate you from gamblers:

1.       Control your emotions

You should not place a bet when you angry, frustrated or when you are overexcited. Whether you are winning big or losing big you should be able to control your emotions. Controlling your emotions will help you keep  up with normal life and you would not end up in depression from losses. Losers chase their loses but winners keep up tight when defeated. A successful bettor will trust their usual plan if when it fails once.

Tip: if you are too anxious do not stake just take sometime to relax first before placing any bet or making any other decisions.

2.       Discipline: Always Stick To Your Betting Strategy.

Here we are not talking about just sticking to your betting strategy but also the budget you have for staking. You should not break your budget to chase loses or increase your winnings. Discipline might mean the following for a successful bettor:

ü  Betting only when there is good value. Not always.

ü  Never stake what is not in your budget

ü  Take breaks when necessary.

Bet smart and always accept that not every day is a winning day.

3.       Patience

Success is based on patience and long-term play in betting. You cannot become a millionaire overnight by staking just ksh 200 on a single day. To be successful you have to accumulate your small wins everyday until you   make it. One step at a time. If you started with let’s, say

Ø  Day one you stake 200 and you win  700

Ø  Day 2 you stake 200 you win ksh 650

Ø  Day 3 you stake 200 you win ksh 900

Ø  Day 4 our profit is ksh 1,650

This does not mean that now we have a lot of profit and we can start betting with ksh.1000. we have to move slowly in order to avoid losing whatever profit we have made. Maybe we can start betting with ksh 150 and still gauge how much is our success after we increase our stake. At this point it is very easy to be careless especially after winning four consecutive times. A successful bettor will even take a break after winning so that he/she can enjoy the profit peacefully. Reward yourself ,don’t chase wins every day.

4.       Think Critically

What you see does not mean that is exactly what it looks like on the ground. When you see odds given to certain markets, your research starts here by questioning the odds. You have to question everything. Do not take anything lightly remember this is your hard-earned money you are risking. These are some of the questions you should ask yourself:

ü  Why are the odds so high yet the team is in good form?

ü  Does the odds mean something

ü  Why are the odds going up/dropping ?

5.       Always Learn

Learning is the key in life. Whether you are winning or losing, there is always something to learn at the end of the day. Successful punters track their wins, loses, deposits and withdrawals. If their balance sheet is not positive, they take a break. During this break they come up with better winning strategy based on the mistakes they might have made.

6.       Know When To Stop

One of the most difficult things to do once you start betting is to stop it. Betting is addictive and it takes courage to say no I’m not staking this month, let me learn and strategies first. Stopping does not mean giving up everything but it means you want to control the game.