Betting bias horse racing tips

Betting bias horse racing tips

The Timeform Knowledge: Cognitive Biases and Psychology of Betting The latest edition of The Timeform Knowledge looks at cognitive biases and the psychology of betting. It is difficult to be involved in betting for any length of time and to any degree of seriousness without considering the role played in the activity by cognitive biases and psychology. Unless you hand over all betting responsibility to algorithms and “bots” (robotic software), or to another human – the doing of which involves making a choice in itself – the unavoidable fact is that you will have to make decisions, and those decisions will be influenced by the way in which you think.