What does it take to be successful at sports betting in South Africa? The most important is to be able to cut your losses when you don’t win. Winning some and losing some is inevitable when you gamble, no matter what sport, even life is a gamble, as there are never definite guarantees of winning. In particular sports betting, the majority of the time you lose and even when you win, you are still basically losing, as winnings do not balance against losing.
For example, you are a fifty five percent winner and you place bets on four games every day, the chances of losing on all four are around 4.10%. The chances of losing three bets and winning one game is 20.05%, and chances of winning two and losing two are 36.75%. You will have to win at least 3 out of the 4 games, in order to consider this a winning day.
The odds of you winning 3 out of 4 are around 29.95% and the chances of winning all 4 sports bets are very low. In order to have a profitable day sports betting in South Africa you have to win the 4 bets or at least 3 of the bets, where the odds are thirty percent. This shows that you are losing money around 60% of the time, even in spite of your being a 55% winner.
Sports betting in South Africa or any other country will not give you the returns you may have expected. When gamblers start chasing their real losses, they inevitably lose their safety net provided by their bankroll, and end up losing more money on sports bets, and either end up in severe debt or quitting altogether. Gamblers need to stay focused and disciplined, although this is easier said than done.
If you find yourself in a position where you keep losing, take a step back and look at the bigger picture. If you have not changed your sports betting in South Africa techniques from the times you made profit, then you need to stop betting for a while. Never ever chase your losses, you will end up in serious financial difficulties if not lose everything, including your family and friends.