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E156 - Prop Trading, Sports Trading & Edge Alerter

Business of Betting Podcast

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How to Manage Recency Bias in the Gambling Industry

We tend to see the evidence that positively reaffirms that more so than the negative. Confirmation bias is something we all need to be aware of if we're trying to be in this industry. Stake sizing is a real simple way to uh to manage that bias and then look there are a bunch of others  that we could go into but they're probably of less relevance hereYeah i think it's partly on you know all of us to talk more about these and and assess when they're creeping in, says agile eredgerler. There's plenty of meat on the bone for punters who want to try out gambling games like horse racing and sports especially.

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