Betting psychology – Bandwagon Effect

This effect has its roots in the field of cognitive psychology. If you regularly read our articles focusing on psychology (based on Sundays), surely they realize that there are many psychological aspects that would punters should be careful.

Success is based critical thinking, thorough analysis and good judgment. Sorry but there are many states of mind, which is due to the decisions of the human subconscious negatively affected.

What is the effect bandwagon?

This phenomenon is based on human nature. Generally, because we try not to enter into conflict (especially against the majority). Due to this phenomenon are reporting success should be a variety of diets. When the market comes a new diet, gradually people jump on the bandwagon (due to “great reviews”) .. until the bubble bursts.

For receiving general views can right part of the human brain. The left part of the brain evaluates the facts, while the right part, are centers that tend to popular perceptions. We’re not saying that one must distinguish at all and constantly build up opposition, however, climb on the bandwagon or “join the herd” is certainly not always appropriate – it is certainly not appropriate, for example in the betting.

Relationship bandwagon effect betting

How many times you’ve done a thorough analysis of the pre-game that makes you come to a conclusion? And how many times did you then look at some betting forum where a lot of people betting on the opposite of what you come you? Perhaps this happened to you many times. And if you have a cool head and you’re not my analysis 100% sure enough it might cause you to change your opinion = you jumped on the bandwagon. Hours left brain activities were dented five minutes scanning of information through the right part of the brain.

Sometimes, although it is possible that you made a mistake or something you had information that these punters should, however if you have done a thorough pre-game analysis, you should not be too similar scenario znejistět. People tend to flock to form – just that a man had lost that bet on a team and others will be added, creating a snowball effect.

Of course you should evaluate the reasons for such bookies tip, but you should not lose confidence in their analysis.

And it is even worse …

This phenomenon is further enhanced in the event that it is an important match – for example the Champions League final, Superbowl, a world championship and so on. Such events are closely watched by the media, so that every step you encounter opinions of experts (who are not always so great professionals) and various analyzes. Opinions and analysis can serve as a source of some interesting information, but certainly you should not be taken as dogma. Collect as much objective information and perform your own analysis.