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If you are trying to build a career as a punter, you hopefully have a spreadsheet where you track your wins and losses. Whether you are testing or betting live with real money, you need to keep an eye on a number of key statistics to evaluate the performance of your betting techniques:

• Win percentage
• Win/loss ratio
• Average win size
• Average loss size
• Total number of wins
• Total number of losses
• Net profit (adjusted for fees and spreads)
• SOL Quotient

You have probably discovered that most uk sports betting sites now offer full mobile access and a rich suite of betting features you can take advantage of anytime, anywhere.  Depending on your disposition (and the technology you own), you may immediately see the appeal of wagering on sports using your mobile device. 

In the world of psychology, there are dozens of cognitive biases which can muddy up clear thinking.  These biases often act on us on an unconscious basis.  We do not notice them at work, but they distort our conclusions.  When betting on sports, those biases can cause you to make poor betting decisions which cost you money.  One such bias is known as the “clustering illusion.”

When we talk about sports betting psychology, usually we focus on the basics: you need to develop discipline in order to commit yourself to success, and you need to keep a level head so your emotions don’t overwhelm you when you place your wagers on your preferred uk betting site.  But sometimes it pays off to delve a little deeper into specific concepts from psychology and how they might be involved with your betting decisions.