Following a somewhat controversial article I posted recently at the SkyBlueKangaroo Blog the following question raised itself - Can the odds on a given event change, as a consequence of previous results?
So I went off to do some research and I found an article over at HighClassEquine which examines the topic...
A study has shown that immediately after placing a bet punters are often more confident of their horse winning, compared to just before the bet.
It's the same with people chasing losses. Consciously or unconsciously - mainly the latter - you have made a comittment to yourself to make money that day - most certainly not to lose!
How does your mood affect your betting?
No comments:
Post a Comment