Originally posted on 08/25/2013:

Quote Originally Posted by dontknowhowtobet View Post
It looks like Statistics mean nothing when it comes to that ...
Actually, statistics mean awful lot when it comes to that. The odds you use to place your bet are based on statistics and someone out there paid awful lot attention to statistics (including those you looked at) before making those odds available for wagering,

Could it be that your naive, superficial and primitive approach to interpreting statistics is the reason for your misguided bet and not a statistic itself?

well, I only risked 100 GBP here and glad I didn't risk more ...at least I gave here my best shot.
Here comes the justification. The self comforting part!
Any excuse, as long as it helps to ease the pain and make you feel better will do.
Now, after cheering , this unfortunate episode is almost forgotten and we can comfortably get ready for
new round of naive, superficial and primitive thinking leading to a new misguided bets.

Those who make betting odds available for you certainly don't mind that.
The don't even mind you winning some of those misguided bets every now and then by getting lucky.
Nothing confuses more than undeserved winning.
And it is not that hard to make money off confused people.