There are many examples of people buying into to past performance as an indicator of future success. This is borne out by the hot hand fallacy and a tendency for people to attribute more meaning to a random pattern of success than might actually be the case. There may be a boost of confidence that has contribute to continue success but the hot hand fallacy makes us overestimate these contributing factors and neglect the randomness involve.
It is interesting to consider that because of the bias that arises from the hot hand fallacy. There can actually be value in fixed odds winning tips 1×2 betting against teams who are “full of confidence”. Because the market buys into notions such as a feel-good factor or overestimates the likelihood of a good run of form continuing. The odds on the alternative options within the market may be higher than they should be and thus. Offer a wager using our Paid Daily Tips Fixed Matches 1×2.
