Sport Betting in South Africa: The Psychology of failure and how to succeed (Part 2)
After many years of study, Thomas Gilovich, a professor of psychology discovered the reason why many sport bettors always used the same betting strategy even after many failures. He coined a name for it, “hindsight bias” aka know- it- all-along syndrome. His examinations exposed this character flaw in both winners and losers. Winners never attribute […]
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