Advantage over the bookmaker. | Bitcointalksearch.org

irsykes

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Quote from: Frankolala on September 23, 2024, 12:28:02 PM

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Quote from: irsykes on September 23, 2024, 10:54:03 AM

Quote from: Jody.Drummer on September 22, 2024, 08:26:48 AM

Quote from: Julien_Olynpic on August 20, 2024, 01:45:38 AM

What do you think is your advantage over the bookmaker?
And in general, do you have an advantage over the bookmaker?
Is it even possible to have an advantage over the bookmaker?

Comparing our own advantages with the dealer is certainly not the same, because basically the dealer is the host who will always have a greater advantage than the player. Discussing the advantages, the dealer certainly has a greater advantage, because they are the owners who have power over all the games that have been provided. With the many games available, the dealer has arranged everything to be able to generate profits from the many players who play the game. For players I think all players do not have any advantages, even if they are experts in gambling, they will not be able to surpass the advantages possessed by the dealer. In addition, getting an advantage is possible but it is very unlikely because players will not be able to predict the game including their winnings. No one can beat the dealer even if they are very lucky to get big profits in gambling, sometimes it cannot be withdrawn because the dealer makes it difficult.

right, the bookie company will definitely win a lot. although statistically what we see is that it is not possible for bookie sports betting to lose. but in the company it is the one who has more power and profit. sometimes there are many shadows, for example, they pay people who win sports betting or not go bankrupt. because for me they are the ones who are full of control and ways to continue to profit that are not visible

The are in charge of casino games and how much gamblers can earn from a particular game. The bookmakers have more advantage than the gamblers but we might not really understand the concept because their are so many gamblers betting on one particular and the results come and go. It could be a win a 10 gamblers and loses for 50 gamblers happening simultaneously. Many of these bookmakers are making massive profits with the gamblers knowing the algorithm and the problem of one player winning out of 100 players. Luck is very important here and it's the way we can earn more from gambling.

The bookmaker will always win and there is notthat a gambler can do about it because that his how they make profit from you. The casino has made it so due to their alogarithm, and this is the reason why whatever strategy that you come up with will be for a while.

For this reason, one should not think that it will be very easy to make profit from gambling in order for you to limit your losses and gamble responsible without chasing your losses so that you don't become addicted.

the main responsibility of the gambling company otherwise, will lose members who always play or go bankrupt. their concept will always be privacy with power. I have seen data like you mentioned 50 people lost 10 people won. admin negligence in the forum attaching data of a withdrawal and deposit transaction

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Quote from: Hirose UK on August 20, 2024, 04:35:54 AM

Being smarter than bookie sounds like nonsense, but basically every gambler can only find or take advantage of all the opportunities available and given by the bookie.

If we talk about the advantages of gamblers over bookies, we will never find it, gambler advantage is when they manage to take all the betting options correctly for win and make it multi-bet that increases the odds many times over.
There are no other advantages because the bookie has more advanced advantage in providing opportunities to gamblers who will bet.
In addition, it can also be ensured that the bookie will get all the information or analysis about match faster and the bookie will know more quickly in great detail about the advantages and disadvantages of each team.

Just like you said it's absolutely ridiculous to think you can outsmart the bookmaker, there are no systems or strategies that can constantly put you in profit.. As gamblers we can all agree that we have seen a lot of strategies that has failed overtime. Arbitrage system is the only way that might be profitable and this is only when there's a miscalculation of odds between two different bookmarkers. The bookies are gamblers as well so it you against them, everything is well calculated and well analyzed to go in their favour, you can only get lucky

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Quote from: Wakate on September 23, 2024, 11:49:53 AM

Quote from: irsykes on September 23, 2024, 10:54:03 AM

Quote from: Jody.Drummer on September 22, 2024, 08:26:48 AM

Quote from: Julien_Olynpic on August 20, 2024, 01:45:38 AM

What do you think is your advantage over the bookmaker?
And in general, do you have an advantage over the bookmaker?
Is it even possible to have an advantage over the bookmaker?

Comparing our own advantages with the dealer is certainly not the same, because basically the dealer is the host who will always have a greater advantage than the player. Discussing the advantages, the dealer certainly has a greater advantage, because they are the owners who have power over all the games that have been provided. With the many games available, the dealer has arranged everything to be able to generate profits from the many players who play the game. For players I think all players do not have any advantages, even if they are experts in gambling, they will not be able to surpass the advantages possessed by the dealer. In addition, getting an advantage is possible but it is very unlikely because players will not be able to predict the game including their winnings. No one can beat the dealer even if they are very lucky to get big profits in gambling, sometimes it cannot be withdrawn because the dealer makes it difficult.

right, the bookie company will definitely win a lot. although statistically what we see is that it is not possible for bookie sports betting to lose. but in the company it is the one who has more power and profit. sometimes there are many shadows, for example, they pay people who win sports betting or not go bankrupt. because for me they are the ones who are full of control and ways to continue to profit that are not visible

The are in charge of casino games and how much gamblers can earn from a particular game. The bookmakers have more advantage than the gamblers but we might not really understand the concept because their are so many gamblers betting on one particular and the results come and go. It could be a win a 10 gamblers and loses for 50 gamblers happening simultaneously. Many of these bookmakers are making massive profits with the gamblers knowing the algorithm and the problem of one player winning out of 100 players. Luck is very important here and it's the way we can earn more from gambling.

The bookmaker will always win and there is notthat a gambler can do about it because that his how they make profit from you. The casino has made it so due to their alogarithm, and this is the reason why whatever strategy that you come up with will be for a while.

For this reason, one should not think that it will be very easy to make profit from gambling in order for you to limit your losses and gamble responsible without chasing your losses so that you don't become addicted.

taufik123

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Quote from: Sandra_hakeem on September 23, 2024, 11:37:08 AM

I dunno why, regardless of the explanation on how these things work, people still seem to believe that the casinos are still in setting for the betterment of the gamblers. Do they really think casinos can pay for licensing and set up everything just as a charity organization for anyone to win free money? SMH

For legal casinos and getting a license from the government or some casino licenses like the Curaçao license, it could have provided an advantage but of course there is a system that regulates them to give winnings to gamblers but not enough and some big wins will appear but will not happen often.

Anyone can win free money from the casino, but there will be conditions that need to be met.
Anyone who wants to gamble and get money back must at least make a deposit to the casino, and that's the first requirement that all players need to do.

There is no free money and this is not a charity, all will be worth the entertainment and the money spent if the player does not become too addicted.
Being trapped as an addict will only destroy him slowly.

hahay

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Quote from: Julien_Olynpic on August 20, 2024, 01:45:38 AM

I decided to find out more about the opinion of forum users about their advantages in gambling. Everyone knows that in sports betting it is not enough to predict the outcome correctly. It is equally important, and perhaps even more important, to do it more accurately than the bookmaker. This is the disadvantage of sports betting: we must be more successful than the bookmaker in predicting the results of a sports match. Simply put, we must be smarter than the bookmaker. But is this possible?
I know that a huge number of players refuse to make a forecast of the results of a sports match, refuse to engage in analysis. They believe that sports betting is created for entertainment and place bets more or less randomly.
However, if we still treat sports betting as a serious activity (that is, we do it not only for entertainment), then I would like to ask you this question:

What do you think is your advantage over the bookmaker?
And in general, do you have an advantage over the bookmaker?
Is it even possible to have an advantage over the bookmaker?

In essence, all types of gambling will be more profitable for the bookies than the players, and this is not only the case with sports betting, because as I said, all types of betting will not really make the gambler get maximum profit. This means that even though you get a big profit in one of the gambling that you do, but in reality if you calculate the total money that you have spent, then in reality the bettor still experiences a bigger loss.

So, in this case even though you make gambling as an income, there is still nothing that really makes the gambler beat the bookie. You don't need to try to beat the bookie, because it will only make you stressed which of course will affect your life. So yes, betting is basically a game and thus, just bet with money that you are ready to lose to avoid ruining your finances in gambling.

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Quote from: irsykes on September 23, 2024, 10:54:03 AM

Quote from: Jody.Drummer on September 22, 2024, 08:26:48 AM

Quote from: Julien_Olynpic on August 20, 2024, 01:45:38 AM

What do you think is your advantage over the bookmaker?
And in general, do you have an advantage over the bookmaker?
Is it even possible to have an advantage over the bookmaker?

Comparing our own advantages with the dealer is certainly not the same, because basically the dealer is the host who will always have a greater advantage than the player. Discussing the advantages, the dealer certainly has a greater advantage, because they are the owners who have power over all the games that have been provided. With the many games available, the dealer has arranged everything to be able to generate profits from the many players who play the game. For players I think all players do not have any advantages, even if they are experts in gambling, they will not be able to surpass the advantages possessed by the dealer. In addition, getting an advantage is possible but it is very unlikely because players will not be able to predict the game including their winnings. No one can beat the dealer even if they are very lucky to get big profits in gambling, sometimes it cannot be withdrawn because the dealer makes it difficult.

right, the bookie company will definitely win a lot. although statistically what we see is that it is not possible for bookie sports betting to lose. but in the company it is the one who has more power and profit. sometimes there are many shadows, for example, they pay people who win sports betting or not go bankrupt. because for me they are the ones who are full of control and ways to continue to profit that are not visible

The are in charge of casino games and how much gamblers can earn from a particular game. The bookmakers have more advantage than the gamblers but we might not really understand the concept because their are so many gamblers betting on one particular and the results come and go. It could be a win a 10 gamblers and loses for 50 gamblers happening simultaneously. Many of these bookmakers are making massive profits with the gamblers knowing the algorithm and the problem of one player winning out of 100 players. Luck is very important here and it's the way we can earn more from gambling.

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Quote from: iv4n on September 22, 2024, 04:20:07 AM

If you have some inside information then you have an advantage, without good and quality information bookies have an advantage. And how many people can boast of having good inside information?Maybe only a handful of people in the whole world...

whatchu mean by having some "inside information" as you may have it? Like...the bookies leaking the algorithm on virtual games to everyone else close to them or something?... If that's the case advantage over the bookies, what happens in sports betting then? Do you seriously think they can do something that'll implicate or put them in a huge loss at the end?

Quote from: taufik123 on September 23, 2024, 10:29:43 AM

All businesses certainly want to get higher profits, including the casino business, which is a very promising business and brings wealth to the dealer or owner.

I dunno why, regardless of the explanation on how these things work, people still seem to believe that the casinos are still in setting for the betterment of the gamblers. Do they really think casinos can pay for licensing and set up everything just as a charity organization for anyone to win free money? SMH

irsykes

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Quote from: Jody.Drummer on September 22, 2024, 08:26:48 AM

Quote from: Julien_Olynpic on August 20, 2024, 01:45:38 AM

What do you think is your advantage over the bookmaker?
And in general, do you have an advantage over the bookmaker?
Is it even possible to have an advantage over the bookmaker?

Comparing our own advantages with the dealer is certainly not the same, because basically the dealer is the host who will always have a greater advantage than the player. Discussing the advantages, the dealer certainly has a greater advantage, because they are the owners who have power over all the games that have been provided. With the many games available, the dealer has arranged everything to be able to generate profits from the many players who play the game. For players I think all players do not have any advantages, even if they are experts in gambling, they will not be able to surpass the advantages possessed by the dealer. In addition, getting an advantage is possible but it is very unlikely because players will not be able to predict the game including their winnings. No one can beat the dealer even if they are very lucky to get big profits in gambling, sometimes it cannot be withdrawn because the dealer makes it difficult.

right, the bookie company will definitely win a lot. although statistically what we see is that it is not possible for bookie sports betting to lose. but in the company it is the one who has more power and profit. sometimes there are many shadows, for example, they pay people who win sports betting or not go bankrupt. because for me they are the ones who are full of control and ways to continue to profit that are not visible

taufik123

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Quote from: Dewi Aries on September 23, 2024, 07:40:59 AM

-snip-
gambling is a business where as we know the purpose of a business is to make a profit, and this is also a fact that we must always remember in gambling and this is why expectations and actions must always be limited.

All businesses certainly want to get higher profits, including the casino business, which is a very promising business and brings wealth to the dealer or owner.

Some legal casino businesses already exist under the auspices of the government that legalizes the casino and have been audited, so fraudulent practices on customers will not occur.

But unlike illegal casinos that do not do any audits, it will be dangerous for the players in it because the rules can be one-sided and even if you get the jackpot it will not be easy to take.

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Quote from: taufik123 on September 23, 2024, 04:09:22 AM

Quote from: Dewi Aries on September 22, 2024, 10:43:05 AM

-snip-
meaning the amount of big wins you get is nothing compared to the total amount of profit obtained by the bookie.

It has become a common thing, and it has indeed been in the program from the beginning, the bookmaker will not lose,
and the bookmaker will always get a profit even though some people have already won the jackpot.

Just imagine if the user reaches millions of people and the jackpot that comes out is only 1 know even 2x with an amount that will not equal the bank's profit.

Everything has been arranged in such a way, and it is also so that the casino keeps running, to pay employees and programmers etc.
So don't expect always big profits, I also gamble just as entertainment.

Exactly and that is the scenario, the bookies have arranged everything in the system especially if we talk about the type of casino games, they will never lose but maybe they experience a decrease in terms of profit when many gamblers manage to hit the jackpot at the same time.

As you said that everything is arranged in such a way, and it makes sense because after all the bookies are the ones who create the game and who provide opportunities for gamblers, gambling is a business where as we know the purpose of a business is to make a profit, and this is also a fact that we must always remember in gambling and this is why expectations and actions must always be limited.

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Quote from: ethereumhunter on September 22, 2024, 12:50:40 AM

If you have a good skills in analyzing the team more than the bookmaker, you will have a chance to benefit than them. But we know that not many people who can have a good skills to analyze the match so that can makes many people lost their money in gambling. That is because they can not finds more information that can be additional info to analyze each team and find what thing that can make them have the potential to win. But we know that to beat the bookmaker is difficult and that means we must learn more about the analysis until we have a good skills. But that will not be a guarantee to beat them as gambling is not a place to make money.

You are right mate, I think the only way to beat them is to also improve our skills in making prediction, if we can know all the tools and resources that bookmakers use in analyzing their games and we also learn how to make accurate use of it, there's no way we can not make good prediction more than them but it seems that they hire some group of professionals whom their only occupation is to make prediction and therefore all their attention is only focus on studying about matches and sports. If any gambler is so dedicated in such manner, they will be perfect.

taufik123

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Quote from: Dewi Aries on September 22, 2024, 10:43:05 AM

-snip-
meaning the amount of big wins you get is nothing compared to the total amount of profit obtained by the bookie.

It has become a common thing, and it has indeed been in the program from the beginning, the bookmaker will not lose,
and the bookmaker will always get a profit even though some people have already won the jackpot.

Just imagine if the user reaches millions of people and the jackpot that comes out is only 1 know even 2x with an amount that will not equal the bank's profit.

Everything has been arranged in such a way, and it is also so that the casino keeps running, to pay employees and programmers etc.
So don't expect always big profits, I also gamble just as entertainment.

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Quote from: alastantiger on September 22, 2024, 03:07:43 AM

Quote from: hyudien on September 22, 2024, 01:43:24 AM

I myself win more when betting single, but when I bet multi I lose more. But still, multi betting is something that is more interesting for me to do than just betting on one match. Usually I bet by choosing a minimum of 3 matches. Honestly, it creates its own sensation when waiting for the results of the bets I make. Especially if what I bet on is a big match that brings together two big teams.

Betting on a single game than to bet on multiple game can give us an advantage over the bookmakers. The bookmakers want us to bet on multiple games because they know that the likelihood of us losing increase when we do that. And because of the possibility of winning a large sum, people are attacked to multi betting. It all depends on us to choose the type of bet that we'll be doing because anything that gives us an advantage over the bookmarker is what we ought to be doing and not to be following others thinking, we can get lucky when we do the exact thing they do too.

Gambling favours us differently but it favours the bookmaker in the same way when you get greedy and want to add multi bets until your winning potential gets to a large sum. Winning small bets with single games can be repeated many times and you get an accumulated victory that'll be worth it than risking your wager with one multi bets and get nothing in return.

Actually in this case the bookie always wins over the user, they will reap big wins in every match, because there are so many bettors in the match, and I think the amount of money they have to spend will be covered by the amount of money they receive. Because if they lose more, then I think there is no such thing as betting anymore. Especially when in multi-betting, you are right that in multi-betting our chances of losing will increase and our chances of winning will be smaller, even though we are betting on big teams. Because many big teams have to accept negative results even when facing weak teams, what works here is our luck as users.

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Although I gamble not to make money, but maybe I will answer a little simply that the opportunity to win is always there for gamblers but if we talk about the comparison between the advantages of gamblers and bookies then I think it will be very far, meaning that it is very unlikely for you to be able to beat the advantage of the bookie especially in the type of casino games and also including sports betting.

And although it is possible but of course having an advantage that exceeds the bookie will be very rare, and if we talk about the number then it is none other than because of course the bookie has millions of registered users who are most likely usually most of them are prospective gamblers who will lose more than win, meaning the amount of big wins you get is nothing compared to the total amount of profit obtained by the bookie.

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Quote from: Don Pedro Dinero on September 21, 2024, 11:53:07 PM

Quote from: EarnOnVictor on September 21, 2024, 10:39:57 PM

It's 50/50 between bookmakers and the bettor in sports betting, so there is no serious advantage aside from this fairness. This is smart enough, still, a bettor has the better advantage only if he is good at what he is doing and leaving no stone unturned.

Have you won a lot of money in spot betting yourself? From what you say it doesn't look like it.

According to what you say most people should neither win nor lose money in the long run, when what happens is the opposite, most people lose, otherwise the bookies would have to close down. They play with an advantage by offering the odds and that's why they make money.

What does my winning has to do with this? I don't think you even know the connection here. If you must know, it's about the 50/50 chance that the bookmakers and gamblers have in sports betting, or do you think they (bookies) control the outcome or have any influence over it as it happens in the casino aspect of betting?

That clearly states that both the bookies and the gamblers are at the mercy of both the skills of the gambler and luck, no one is better than the other in terms of the condition. The only distinction here is for the gambler to be good and thorough with his analysis and betting options, then this could turn the table slightly in his favour which is the only way he can outsmart the bookies in sports betting, otherwise, they have equal right and conditions here as none of them can control or manipulated what is being viewed all over the world as the same result.

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Quote from: Julien_Olynpic on August 20, 2024, 01:45:38 AM

What do you think is your advantage over the bookmaker?
And in general, do you have an advantage over the bookmaker?
Is it even possible to have an advantage over the bookmaker?

Comparing our own advantages with the dealer is certainly not the same, because basically the dealer is the host who will always have a greater advantage than the player. Discussing the advantages, the dealer certainly has a greater advantage, because they are the owners who have power over all the games that have been provided. With the many games available, the dealer has arranged everything to be able to generate profits from the many players who play the game. For players I think all players do not have any advantages, even if they are experts in gambling, they will not be able to surpass the advantages possessed by the dealer. In addition, getting an advantage is possible but it is very unlikely because players will not be able to predict the game including their winnings. No one can beat the dealer even if they are very lucky to get big profits in gambling, sometimes it cannot be withdrawn because the dealer makes it difficult.

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Quote from: Julien_Olynpic on August 20, 2024, 01:45:38 AM

What do you think is your advantage over the bookmaker?
And in general, do you have an advantage over the bookmaker?
Is it even possible to have an advantage over the bookmaker?

In general, players do not have an advantage over bookmakers, the advantage is only obtained or owned occasionally and in the end the bookmaker will get more profit.
Even though players do careful analysis and take into account many things that might come out as the result of the match, defeat is still possible, because players/bettors do not have full information about what will actually happen in the match later so we only try to guess well but the results can be beyond expectations.

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Quote from: iv4n on September 22, 2024, 04:20:07 AM

Quote from: Julien_Olynpic on August 20, 2024, 01:45:38 AM

What do you think is your advantage over the bookmaker?
And in general, do you have an advantage over the bookmaker?
Is it even possible to have an advantage over the bookmaker?

If you have some inside information then you have an advantage, without good and quality information bookies have an advantage. And how many people can boast of having good inside information? Maybe only a handful of people in the whole world...

As for us regular bettors, our only advantage is that we follow certain sports and teams/players. We could also take statistics into account, but in the end, the luck factor is the most important in my opinion. Without luck, we can't win...

In reality, we don’t really have an advantage over bookies, but they definitely have one over us. That’s why bookies always turn a profit while gamblers are left relying on luck. Sure, they provide odds and options for us to bet on, but that’s just a small tip they give us; there’s not much else. So why do we still end up losing? Because odds can be manipulated, and not all lower odds guarantee a win—sometimes the higher odds surprise us.

When betting, there’s a lot to consider beyond just the odds; performance plays a huge role, meaning it’s not all about what the bookmakers say. We do some analysis as well as our role.

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Quote from: Julien_Olynpic on August 20, 2024, 01:45:38 AM

What do you think is your advantage over the bookmaker?
And in general, do you have an advantage over the bookmaker?
Is it even possible to have an advantage over the bookmaker?

If you have some inside information then you have an advantage, without good and quality information bookies have an advantage. And how many people can boast of having good inside information? Maybe only a handful of people in the whole world...

As for us regular bettors, our only advantage is that we follow certain sports and teams/players. We could also take statistics into account, but in the end, the luck factor is the most important in my opinion. Without luck, we can't win...

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Quote from: hyudien on September 22, 2024, 01:43:24 AM

I myself win more when betting single, but when I bet multi I lose more. But still, multi betting is something that is more interesting for me to do than just betting on one match. Usually I bet by choosing a minimum of 3 matches. Honestly, it creates its own sensation when waiting for the results of the bets I make. Especially if what I bet on is a big match that brings together two big teams.

Betting on a single game than to bet on multiple game can give us an advantage over the bookmakers. The bookmakers want us to bet on multiple games because they know that the likelihood of us losing increase when we do that. And because of the possibility of winning a large sum, people are attacked to multi betting. It all depends on us to choose the type of bet that we'll be doing because anything that gives us an advantage over the bookmarker is what we ought to be doing and not to be following others thinking, we can get lucky when we do the exact thing they do too.

Gambling favours us differently but it favours the bookmaker in the same way when you get greedy and want to add multi bets until your winning potential gets to a large sum. Winning small bets with single games can be repeated many times and you get an accumulated victory that'll be worth it than risking your wager with one multi bets and get nothing in return.

Topic: Advantage over the bookmaker. (Read 1283 times)