How/why reversion to the mean works when it comes to betting. Whenever you bet, understanding and using this concept will make you money None of us like losing bets. More than that, nobody enjoys a losing run – whether that’s a few days, a week or, God forbid, a month or longer. But it…
The Pareto Principle & betting Why you would be wise to heed this lesson in money-making. I spend a lot of my time explaining to members the way betting services function when it comes to generating profits. Because whether they’re recent recruits to a service like the Golf Insider, or have been with another,…
Have you got “confirmation bias” The perils of fitting the evidence to suit your argument As shown in previous articles – if you click here and here – I do like a discussion about cognitive bias. In other words, the sub-conscious mind-games that our brain can play on us, and how these can trigger…
Are you guilty of ignoring these winners? How and why punters miss the value of EW bets There was something I touched on in last month’s blog entry (read it here), that got me thinking… And it’s to do with the psychology of betting… More to the point, it’s about the psychology of winning.…
Listen to the Matthew Walton SBC podcast Hear me talk about my career in the betting industry You’re most probably aware of Pete Ling at SBC (Smart Betting Club). Well, we got together to record an episode of his podcast series – aptly titled “The Smart Betting Club Podcast” – where Pete chews the…
Emotion: Is winning worse than losing? The dangers of over-reacting to success and failure I was reading an old web article the other day… And this was the headline… “When losing hurts worse than winning feels good” Odd, you might think. Because we all bet to win, and when we do back profitable horseracing tips…