So it's the first time I'm actually paying to participate in a prediction game. I won't necessarily call it a "payment" since it's more like a fee to prevent spamming, but since one Hive still holds monetary value and since I haven't used my money in real-time for football betting, I like to think that this is quite significant, now I'll like to tell you a little bit about football betting, but scrap the idea of winning big, because the title was only a clickbait, but then, stay put.
Predicting football games isn't as easy as you'd think. It becomes even harder when there's a financial incentive, a prospect of loss or gain. For people who hardly understand football, luck is an element they mostly rely on and while luck might count sometimes, most times you'd need a decent chunk of footballing knowledge to stand a better chance.
One of the reasons why I hardly bet on a football game is because of the side effect of being a punter. In Nigeria, football betting is a flourishing business and that's because you have many people who want to part with their money in other to reward their passion.
Basically, money is a huge aspect of punting, emotions run high and money is either made or lost, but at the end, we'd always see people on the internet who predict the same score of a football match and make some crazy life-changing money, there are no lies to this. It's real, but the issue is that it's rare and the pressure to be the recipient of these crazy wins is why people keep punting even when they keep losing money.
A betting business will never run at loss and this is because, for every $10,000 they release in wins, they can easily double it. One of the reasons why this is so is because predicting football games can be very difficult, because of the element of luck, human errors, and the uncertainty of events even with surety coming into play.
For example, some people predicted Saudi Arabia to beat Argentina some days ago on the hive.buzz world cup contest, now this prediction wasn't logical because, in actual sense, the Gulf in class in these two teams is miles ahead, but then, the former won. Now people who won this prediction didn't do so because it was logical, it was because of sheer luck which plays a huge role when it comes to punting.
However, someone who has a 100$ bill to vote wouldn't play Saudi Arabia to beat Argentina, unless they wouldn't feel the impact of the loss of the $100. This translates to the fact that if you're a punter in real life, using real money to predict football games, the only way you might actually win "big" is to already have money and be unencumbered by emotions especially when you're betting and you feel the pressure to not lose. I know a popular influencer who bet 500k to win 12 million.
The team he bet to win was the unlikely team, but he staked it anyways. After all, he wouldn't economically feel the impact of the loss if he had lost, because he was already rich.
However, most people who are average and hoping football betting would change their lives do not vote with their stakes on luck. They go for certainty, permutation, and logic and this is why when they win, they do not win big enough to change their financial situation.
How Do You Predict Correctly?
However with the #hive.buzz's contests, people are mostly having fun with nothing to lose since no one would cry over one hive. This makes people go for unlikely choices, counting on their luck to win. However, to do well in the contest you need basic footballing knowledge to some extent. The ability to do technical analysis, research on the teams that are playing, and probably one's sixth sense. I think it's important to also go for the surprise factor sometimes.
Why is this? Because it's not every time that normalcy will exactly triumph. Since you're not particularly staking any money, it's important to have fun with it, do your analysis properly, and take time before clicking that "upvote" button. But one thing you must understand is that it's not everyone who started well that will finish well, it's a prediction game and even the best can lose.
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