Saturday, 16 June 2018

Psychology can improve your betting performance

The Power of Psychology
Psychology: the study of behaviour and mind. To many, this offshoot of philosophy is akin to witchcraft. Others, it is just common sense. While for the majority: ''mumbo jumbo''. 

The strange thing about psychology is that we know it works. There have been studies which show when you walk into a supermarket, we walk so many paces before stopping, turning, and look around. You've probably done it a thousand times and never thought about it. It's walking, you stopped, so what! 

That's why someone had the brainwave of making sure the isles, offers or security guard (joke) are seemingly waiting at the right place to get you to buy. 

It begs the question, how many other things work like that? It is worrying to some extent as you may find yourself buying things, saying yes to someone who five minutes ago gave you a free pen, or liking someone or something that in ways always repulsed you before. You just put it down to being Friday! 

The power of psychology. Neuromarketing. Mumbo jumbo. 

Have you ever watched a TV advert and thought 'what's that all about'. McDonald's with its catchy whistle. Tapping into all those difference senses so you when you want a burger, you find yourself in their queue ''Cheeseburger, please!''. 

You robot! 

I guess we are a little fearful of the unknown. What's happening to me? I went to the shops to buy a packet of sweets and returned with a vacuum cleaner.

What are those bookmakers are doing with all this witchcraft? 

If you open a new account, we will give you 10/1 that Chelsea beat Whatever United! I see it somewhere else 5/4. 

But what about all those subtle things. You go in the bookies and someone asks if you want a cup of tea. Milk. Sugar. (How much did that cost me?)

I studied psychology and gained a degree a number of years ago. Social psychology is intriguing because it finds ways of tapping into the human condition to get you buying. Why is one salesman so much better than the rest of the team? If you studied this person you would identify how and why.

But how does this all related to an individual like you or me making psychology work for us to be a better gambler or win more money?

The key to finding winners is , in many ways, watching, taking note, and understanding winners. For instance, one aspect which often reveals bigger odds (value) is the contrast theory. Basically, if one horse beats another, many punters, bookmakers, layers will fancy the same result if they oppose each other at a later date. I know there may be changing variables such as weight, going, distance etc. However, it has been proven that people often assess the likelihood of the previous winner as having a greater chance of victory than it does. Meaning that the favourite is often under priced whereas the beaten horse is actually value at bigger odds.

Just stop for a moment, and consider how many other aspect of psychology could be at play when you bet. 

Monday, 4 June 2018

Big Deal: Poker Player Robbie Box Made TV Gold

Big Deal - Robbie Box Poker Player So few TV programs do gambling justice. Who can remember the ill-fated Trainer? What a horrendous attempt at what ever they thought it was. 

We've seen a few fly-on-the wall documentaries about problem gamblers. Depressing. True, it is real to a point. Although the term demand characteristics pop into my head when I see anyone acting strangely in front of a camera of any kind. Don't you just love the staff in the shops who tell the bloke who is bashing the FOBT to death, to go home after he has lost all of his dough. Very ''When The Fun Stops - STOP!'' 

For so many people betting is bad news. Unless you look at it as a full-time job or you are happy betting 50p a week then PLEASE don't get caught in its net. 

One program I'm sure many readers have truly fond memories is Big Deal starring the talented Ray Brooks. This British comedy-drama was broadcast on the BBC between 1984 - 1986. The series created and written by Geoff McQueen. Unknown to me, he also created other noted TV programs as the Bill. Sadly, McQueen died in 1994 at the age of 46 from a aneurysm. 

Well, Robbie Box [Ray Brooks] was a small-time gambler with a poker addiction [I think more of a way of life than addiction but I may be splitting hairs].   

It was an excellent 3 series. There are a few episodes on Youtube and the BBC did have the wisdom of selling one or two series but then ceased their involvement to the irritation of many who were willing to pay good money to have this worthy DVD collection. 

In all 30 episodes were made. 

Here is the very first episode of this great gambling series. 



   

Friday, 25 May 2018

Man Eats Cheeseburger to Win $10,000 Bet

Man Eats Cheeseburger to Win $10,000 BetThere are some amazing sport betting stories. 

The type of story where some bloke goes to the races with a few pounds in his pocket and comes back a millionaire. Sure we know that isn't the scenario for your average Joe Bloggs. In fact, it's odds-on that more punters have lost millions than won. However, isn't that the thrill of the gamble? There's always someone who knows a friend of a friend who has the Midas touch. Some people make a fortune without even placing a bet. Read more...

Take a look at this great website for all your Sports promo codes and enjoy these stories to see which punters tick your box. 

The Lucky Punter Wins £44,000 with £10 Bet

Stephen Kelly shouted: 


''Yeeeeeeeeeees!''

as the final leg of his astounding golf bet came in. The Aberdeenshire man's double added to the sum of 4363/1. 

The 30-year-old, now living in London, placed the wager online with Bet365. 


Picking (Up) Winners Without Placing a Bet

This gambler was flat broke but that didn't stop Jesus Leonardo from winning bundles of cash. Better still, he didn't even need cash. How come? Well, this canny soul makes a living from searching the rubbish bins at betting parlours in search of winning betting tickets thrown away by mistake. Jesus realised the worth of checking old betting slips after losing a winning ticket worth $900. So desperate was he to locate his ticket that the manageress said he could take home bags of ''losing'' betting tickets home in the vain hope of finding his wonga. 

In a bizarre twist of fate, he didn't find his ticket but two other winners worth $2,000. 


It was the start of a new career earning more than $45,000 a year. 

When you consider uncashed winning tickets in New York totalled more than $4.2 million a year there's plenty enough money to go round if you can find those elusive winning (lost tickets). 

I Bet you Can't Eat this Cheeseburger for $10,000

Heavy weight pro poker player Howard Lederer was told to lose some pound by his doctor and took the advised by losing almost 80lbs. With poker earnings of almost $6M, there was only one thing he loved more than gambling and that was food. However, even a strict diet couldn't stop him from taking advantage of a stupid bet made by his good friend David Grey.


He bet $10,000 that he couldn't demolish [eat] a big cheeseburger.  

Lederer finished the meal and pocketed an easy $10,000.   

Sunday, 13 May 2018

High Risk or Low Risk?

World Cup 2018
What sort of better are you? Do you like to “risk it to get the biscuit” or are you more of a conservative gambler? For the best world cup betting tips check out world cup tips and you will be privileged enough to get the opinions of some of the smartest minds in the game when it comes to the world cup. Whether you are a risk taker or a safe better, world cup tips will have the answers for you. 

I am quite a safe better myself, I will make the following safe bets come the world cup. I would put some money on Germany and Brazil to win the world cup outright. I would bet on Messi of Argentian and Neymar from Brazil to win the golden boot and I would even take a punt on David De Gae of Spain to win the golden gloves award. I know many punters who would take a risk and bet on dark horses such as Belgium, France or Argentina to win the World Cup and these are not bad bets to be fair. All three sides have quality players and if they perform to their best abilities there is absolutely no reason why they will not have fighting chance of winning. There will also be the odd punter who will bet on players such as Ronaldo – the Portuguese genius and Harry Kane – England’s new golden boy. These two players are world class players and have scored goals for fun in their respective leagues this year however do Portugal have the ability to go as far in the tournament as a team such as Brazil? Only time will tell! That is the beauty of the World Cup, there is always a shock result around the corner. World Cup Tips will be able to assist you in deciding which games to bet on and which teams to bet on in the process. 

Everyone loves themselves an underdog story and we would love nothing better than to see an outsider go on to win the tournament this year. Some of the outsiders who may be worth taking a punt on would be for sides such as Russia the hosts to reach the latter stages of the competition. Russian have some talented players and they will be boosted by the fans and the fans will most certainly be the 12th man rooting and pushing the players over the line late in games. It often happens that the host nation seems to perform over and above their abilities as the have the chance to become hero’s in their nation. We saw South Korea surprise the footballing world when they got all the way to the Quarter Finals in the tournament in 2002 when the competition was played in South Korea and Japan. When it comes to betting, always be safe and think before you make that bet!

Saturday, 12 May 2018

Psychology of Slot Machines

Online Slots
The old-style fruit machines. 

Just a bit of fun. I doubt too many addicts would agree. However, the mentality of gamblers varies from one extreme to the other. Some bet and walk away, while others simply cannot stop pulling that one-armed bandit or pressing a flashing button until they are broke. 

Interesting how people vary so much. People do their own thing. Some, I guess, are more likely to be addicted to gambling or a certain type of gamble. When over 50% of the population bet, it is a worry for those who realise too late that a ''seemingly'' innocent pastime has cost them their home, marriage and life. 

Fruit machines are one of the most addictive forms of gambling. 

As a child, I used to go to Caister-on-sea for our annual holiday. Every September, missing the first week of the new school year because dad loved his racing at Great Yarmouth. Holidays were cheaper. I didn't like school so I would have opted for one long holiday fifty-two weeks a year. Anyway, the arcade on the holiday camp was ideal for two brothers who liked the look of the fruit machines. It was in the 1970s so we were talking pretty basic stuff. They even had a few of those old, chromed numbers with the Indian head, the class one-armed bandits which these days are collector's items and go for a few grand a piece. We were in our element. A pocket of twopences and motivated by the lights, noise of coins paying out willingly. The smell of hot dogs drifting in the air. Mum and dad listening to the entertainment. Dad with his brown and mild. Happy times. We played those machines with spirit. Not sure, thinking back, what was going through my mind. I guess it was the thought of winning. When you have a pound's worth of change in your pocket anything seems possible! 

Win or lose it didn't make any great difference. Basically, it was fun. I don't regret betting or my parents suggesting it was okay or acceptable. Like father like son. I will be forever proud of my dad.    

In some respects, betting from such an early age may have been a good thing. It brought a realisation that to win at gambling you need to have intelligence and discipline. By the time I was a teenager I was bored to death with fruit machines. I realised they were fixed odds, so long term you simply couldn't win. 

I hadn't played a slot machine in years but thought I'd have a bit of fun on Saturday evening. I use Betfair for betting horses on the exchange but they have everything on the website including online slots. 

I thought I'd bet a tenner. 

Slot machines are very different from the good, old days. But one thing that came to mind was the amount of psychological research which must go into making these games big money makers from casinos, bookmakers or whoever sets these businesses up.

They are made to keep you betting and they have cracked that aspect of betting without question.  

I won £200, so good luck favours the brave. Stopped playing and very much doubt I will be playing for a good few months.  

Saturday, 5 May 2018

Do you Bet with Confidence?

Betting with Confidence
One thing I have noticed about many gamblers is that very few people bet with confidence. 

Why?

The main reason is that a huge number of punters never actually learn how to improve their betting performance. It seems a strange approach considering the amount of money can be lost in a year. Just betting £3 per day amounts to £1000+ a year. Over a lifetime it's a considerable amount of money. No one is saying that punters don't have a win or two along the way so it isn't all bad news. 

But do you finish the year in profit?

It is too easy to think that all punters lose. The fact of the matter is that a good number win. But how do they win? Is it a subject of mystery? How can you find that winning angle?

The only way - in my opinion - is to find your niche. Who has time to know everything? No one. Very few sportsmen or women are trying to win gold medals in different disciplines. It's the same with gambling. You need to know your niche better than the average gambler. That advantage will mean you identify things other do not see. You will be in tune with your niche so you intuitively reinforce winning angles. 

I specilaise within the niche of two-year-old horse racing. I can tell you, it takes me all my time to even come close to keeping up with the volume of work. It is like being stuck on a conveyor belt. Keep up or fall behind. Fall too far behind and you may as well give up because you will never know enough. Those patches of lacking within your knowledge will come back to haunt you in losses. Losses will lead to a lack in confidence. A lack in confidence will eventually make winning at gambling impossible. 

So where does confidence start and end. 

You will only bet with confidence when you have exceptional understanding or your subject matter. 

Unless you can put the time into being your best you are likely to fail at betting. 

Sunday, 29 April 2018

What do Pigeons and Gambling Addicts have in Common?

Pigeons love to bet on the lottery
It sounds a strange pairing. 

Two love birds. One playing a FOBT in the betting shop. The other looking through the window, flapping his wings with an air of impulsivity. 

Both hoping for that elusive, big win: money or corn!

Perhaps, it's where the term: ''Do you fancy a flutter'' came from? 

However, joking aside, there is nothing humourous about problem gambling. It has a hugely negative affect on the individual if not their family, friends and society as a whole.

Research from the University of Kentucky found that pigeons and problem gamblers seem to have a trait in common. They both display impulsive behaviour!

This psychological research is important as it details that impulse control could be the answer in finding an approach that helps with this addiction.


Although you may never have thought about it - pigeons love to gamble. 

They consistently pecked a target that would result in a ''big jackpot'' of corn in favour pecking a target that offered 100% wins but less corn. On average the ''big jackpot'' paid out two corn seeds while the guaranteed win paid three. (Not the wisest gamble).

Researchers questioned whether this tendency to gamble was related to impulsivitiy. 

Lead author of the research, doctorate psychology student Jennifer Laude and colleagues, found that more impulsive birds were likely to gamble for the big payout rather than wait 20 seconds. The pigeons behaviour detailed they gave more significance to winning the jackpot than losing. 

This is the same behaviour displayed by addictive or problem gamblers. This relates to an impulse control disorder. In this way pathological gamblers aren't interested in their losses as they focus on the big win. 

This research indicates that impulsivity may make people more prone to gambling. Consequently, training impulsive behaviours may help control problem gambling.