Mads Kindberg Nielsen was a recent guest on SBC Podcast #77 (links for which are below) and at the end of that chat, he talked about betting psychology with some practical tips to improve performance, whatever level of bettor you are! With Mads’ permission, we have translated a post where he writes about this (that he released in Danish at https://monetosbetting.dk/kindbergs-corner-hold-styr-paa-hovedet/)to read here. No edits have been made to the text – here it is:
Mads Kindberg Nielsen, co-owner of Monetos and long-time successful sports bettor, writes blogs on relevant topics within the betting world. The blog only expresses the writer’s opinion.
You have to master the mental game in sports betting.
If you don’t have your head down, you can’t call yourself a good sports bettor. It’s that simple in my world. With the exception of responsible gambling/bankroll management, it is the most important feature in sports betting.
‘But what about my mathematical skills, my ability to read a football match or my large database of all sorts of statistics,’ you might think.
My answer: It doesn’t really matter if you piss off the entire month’s profit – or MUCH worse all your money – on one bad day, because you have played badly and irresponsibly and not been there in your head!
We sports bettors are constantly practicing to get better. We put an extra column in the spreadsheet with new numbers, so our model is (possibly) 0.3784% more accurate. We see extended highlights instead of just the goals. We read more and more news about each team and its players. Perhaps one more piece of news is just what gives us an advantage in the market?
In other words: We are working on our A-game. We optimize our A-game. All the time. And that’s fine enough.
But we forget our B- and C-game.
Same mechanisms as in poker
I once read a book called The Mental Game of Poker written by American Jared Tendler. It’s about poker, but the same mechanics apply in sports betting, and it helped me see my game and myself in a completely different light.
When we play our A-game, we’re in the zone. We find the right statistics and use them correctly. We don’t get emotional about overtime scores. Instead, we move on to the next analysis, which we can put our A-game into – WITHOUT changing the bet because ‘what is lost must be won back home’ or other stupid things that our emotions can tell us. No, we stick to the overall strategy of bankroll management and responsible play when we play our A-game.
In our B-game, we still make good decisions – for the most part. Maybe we get a little disturbed by a phone, a screaming baby, maybe we do our analysis with one eye while the other watches the football game on television. The analyzes are not quite as thorough. Overtime scores hurt a little, and we feel how the irritation is slowly moving us further and further towards the place we don’t want to go in any way: Our C-game.
In our C-game, we are on tilt. We make bad bets because we are in the throes of emotion. The brain hides under the desk or in the broom closet, while the emotions control the body and our actions. We no longer want to do the analyses, and the pulse is galloping away. The mouse clicks become harder in frustration, maybe we even slam our hand into the wall or the screen. All rational thinking has been flushed down the toilet, and the worst case scenario is that in our C-game we abandon our overall strategy and, in the worst case, play up our entire bankroll – and maybe even more. No thanks, right?
The next time you feel your C-game, STOP. Make something else. Be with family, friends, watch a good film, go for a walk with the dog. For God’s sake stop playing – and never consider playing again if it’s really bad.
When you’ve cut your C-game completely, you only have your A- and B-game left. So far, so good. So what do you do when you find yourself playing your B-game?
The answer should be self-evident: Then you stop, of course, because then you only have your A-game left.
Mads
You can listen to Episode 77 now via Apple / Spotify / YouTube and all other major podcast directories (search Smart Betting Club)
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