In the world of sports betting, a risk taker is
a bettor who takes more risk than necessary in his sports bets. Far from being
an incompetent or reckless gambler, this is a bettor who is aware of the
risk he is taking and who weighs the odds he has to place an aggressive
bet.
By doing so, he manages to widen the margin of
possibilities when it comes to obtaining an additional benefit in case, he is
right. However, maintaining a series of aggressive bets over time puts
the bettor at risk, so it is necessary to measure each move and take into
account the size of the odds in each case.
A risk taker can be a player who adds a higher
risk than usual in a bet, an aggressive player by nature or a player who
decides to place bets with more margin of error in a punctual way in
specific events, depending on the circumstances of each case.
It can also be a combination of these three
traits, resulting in a bettor who, by nature, places aggressive bets.
There is no clear strategy or specific trait
that gives a risk taker away. It is simply someone who naturally chooses to
take risks on a sports bet.
An example is a bettor who chooses to include a
banker in his plays. Adding a banker means creating a combination bet within a combination
bet, increasing the potential winnings, but making it more dangerous by
exposing themselves to greater losses.
Another way to uncover a risk taker is through
an underdog. Betting on the underdog is risky and is something that only
bettors willing to take risks do. If you find a bettor who does it, you could
call him a risk taker without hesitation.
Underdog bets are bets that are placed with
zero chance of success. They are the ones that are less likely to pan out but
remain on the margin of the feasible. An underdog bet is not to be
confused with overbetting, which we explain below.
While the potential benefits of aggressive
betting are there, in reality a chalk player is always more likely to create a
more consistent, albeit small, profit stream.
A chalk player is the opposite of a risk taker:
it is a better profile that carries out bets in a very conservative way,
avoiding taking risks and always minimizing losses.
We said at the beginning that a risk taker is
not the same as a reckless bettor. The difference between one and the other is
that the former is aware of the risks he is taking and of the probabilities he
has of losing the bet, while the latter usually does not really know the extent
of his gamble.
It is not all advantages of an aggressive style
of play. To begin with, a risk taker is measured, patient and analytical. He
knows at all times what position his move occupies and what the winning
percentage is.
That is why it is said that a risk taker is an
experienced bettor, since a beginner often makes aggressive gambling mistakes
out of ignorance, not willfulness. An accidental or reckless risk is not
valid to be considered a trait of a risk taker.
On the other hand, a risk taker is a bettor who
does not always have to maintain the same level of aggressiveness in all his
plays. Although as a general rule a risk taker tends to maintain a higher
average level of aggressiveness than the rest of the bettors, he does
not always have to do so if he considers that his play exceeds the risk
threshold, he considers valid.
What a risk taker never does is to jump on very
improbable odds. In addition, another characteristic feature is that a true
risk taker sets real betting stakes before playing, and under no
circumstances does he overbetting.
Overbetting is a concept that refers to the
fact of betting above your own possibilities; that is, a suicide bet. A
risk taker takes risks, but never bets beyond the risk threshold he considers
safer, so it is a type of play that is outside of what a real risk taker does.
On those occasions when the bet fails and the
bettor suffers losses, he never tries to recoup them with a bet twice as
aggressive. This is a rookie mistake, applicable to sports betting, poker and
any other game where money or chip bets are made. You should never try to make
up a loss with a double or nothing because the risk of it going wrong is too
high.
If you meet these traits, are a calm bettor who
contemplates the possibility of losing with a risky bet, but never takes excessive
risks, avoids overbetting and is experienced enough to successfully analyze
the current sports situation (and, above all, maintains a medium-high level of
risk in your bets on a recurring basis), then you can be considered a risk taker.
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