Advantage over the bookmaker. - page 6.

rahmad2nd

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

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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 fact, bookies have designed it in such a way for each match with the odds they have provided, and it is clear that the choice is not more profitable for us. but talking about the benefits for bettors, we are given many choices, we can choose a variety of odds available, according to what we want to make a decision on betting choices. that's the advantage we have, although it is not more profitable than bookies. because, every choice is risky. the only advantage we can conclude, yes, is none other than getting a win from our bet. well, what I know, bookies will always benefit. bookies give us the freedom to choose betting options according to what we want, they leave all the choices to the bettors in their bets. at least, in general like that. that's why, we are the bettors who have to be smart in choosing every bet.

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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?

I believe there is actually not much advantage to be taken off the bookmarker. Actually, if we think a little bit about it, it is more likely for the book makers and the operators od casinos to have access to privileged information than those who are simply betting for the sake of entertainment or to pocket some bucks casually.
To me honest, if I was a bookmarker, I would try at first to get money solely by the volume of the book itself, instead trying to guess the winners and loser by myself and use money of the business itself to try to make a profit.

I tend to treat the bookies and the casinos in the same way in terms of perceived advantage they can have over bettors: the house is always supposed to win and "bookies" are nothing but houses.

Lida93

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

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?

I have never thought of any advantage I may be having over the bookmakers because if am to be honest with myself I know I don't have any I can lay onto except for luck. If luck shines on my bets there's nothing a bookmaker can do about it.

Maybe it would help to a very large extend for gamblers to have that consciousness within and accept that they have no atom of advantage over the bookmakers therefore, they should make their staking amount within a moderate range that doesn't point to losing beyond what they can afford to lose. We all gamble to win base on luck.

Hewlet

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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?

trying to outsmart book markers is not necessary except in certain cases when you feel the odds don't quite suite in well with the analysis you've done. The end product of gambling is to win at a bet and iether you're going along with the odds coming from the book makers or you want to go against what the odd says just to risk it once in a while which should be totally of your making and not something you do too often. The resources available at the disposal of the book markers for carrying out thier analyssis far exceed what you have at your possession and what makes them relevant in the long run is the fact that there odds have greater chances of playing out the way they've made it.

Exceptional case always exist though slim and in Those instances, if you feel that the odds are biased, you can carry out your rely on what you think is right.

ryzaadit

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Basically the answer is yes, but bookmarker will mark you as "sharp"

SHARP meaning for the player who have advantage or good against the bookmakers, most likely you will get limited size amount to be bet or they refuse you to betting in their casino. If you question, it's these real ? yes the answer is real.

Sportbet & Blackjack it's one of the game while you have a better advantage against the house, that's why more likely you will get back off, limited bet size amount betting like 500-1000$ or they refusing you to play on their casino.

Just search in youtube, "Blackjack Player Gets Back-off". It's real on the real casino, for online casino once they knew you are to be good (they will closed your account or limited the bet size just few hundred dollars)

m2017

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

However, if we still treat sports betting as a serious activity (that is, we do it not only for entertainment),

Then you should approach this type of activity with all responsibility and seriousness, as in any other business done for the sake of making money.

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

What do you think is your advantage over the bookmaker?

Hmm, it seems to me that there are no advantages for a single gambler.

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

And in general, do you have an advantage over the bookmaker?

The bookmaker has incomparably more resources and the analysis of sports events is carried out by a team, not a single employee. Also, the members of this team are not simple gamblers, most often professionals in their field with experience and knowledge that ordinary gamblers probably don't have.

The chances are not equal and the gambler can only be helped by luck / chance, which the bookmaker failed to foresee (chance factor).

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

Is it even possible to have an advantage over the bookmaker?

If you assemble your team of experienced gamblers.

virasog

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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?

The bookmaker and the gambler do not know the outcome of match as both of them have not seen the future. However, bookmaker will give you odds according to his analysis and the gambler have to accept any odds offered by him and hope that the team he selected wins the match.
It is just the game of luck for both the gambler and the bookmaker but I see one advantage for the bookmaker.

The gambler usually place a single bet on a match and he will either win or lose the bet. On the other hand, the bookmakers takes a lot of bets from different gamblers and even if he loses some bets he can recover money by other bets on the same match that the gamblers lost (meaning he gets the money).

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There are bookmakers you can take advantage of, especially if they allow bets while the match is live. People have tried doing this in some soccer games and making money. There are prediction YouTube channels that somehow predict outcomes accurately and riding on these predictions is quite an advantage as a user. However, bookmakers win all the time.

Quote from: Zlantann on August 20, 2024, 09:28:53 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?

The advantage is that you can belong to a prediction group where there are some experienced sports analyst who can give some good predictions. Their forecast are not always correct but you could see that the analysis makes lots of sense.
I have not discovered any advantage over bookmaker, some folks have claimed they have but kept it secret. It is possible to have an advantage if you have an insider who can give you information that is not in the public domian. There have been cases where some players or coaches engage in some illegal activities like match fixing. People who are aware of such an arrangement, could take advantage of it and cheat the bookmaker. But like I said, this is a criminal act and should be discouraged.

That's one to take advantage of the bookie. Match fixing though is hard to spot. UFC for example is partnering with Stake so if UFC is fixing matches, I'm almost sure Stake will be notified.

Zlantann

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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?

The advantage is that you can belong to a prediction group where there are some experienced sports analyst who can give some good predictions. Their forecast are not always correct but you could see that the analysis makes lots of sense.
I have not discovered any advantage over bookmaker, some folks have claimed they have but kept it secret. It is possible to have an advantage if you have an insider who can give you information that is not in the public domian. There have been cases where some players or coaches engage in some illegal activities like match fixing. People who are aware of such an arrangement, could take advantage of it and cheat the bookmaker. But like I said, this is a criminal act and should be discouraged.

YOSHIE

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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?

If you compare bookies with players, it is clear that it is not an equal comparison, like water and oil, it never mixes and the same goes for gamblers and bookies, Far from being grilled, whatever you do, the bookie makes more profit than the players, the bookie has a watch to arrange bets, the player only does it based on the bookie's watch, obviously there is no advantage for the player.

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

And in general, do you have an advantage over the bookmaker?

There is a clear profit, you get it when you win, this only happens to a few people, one bet, the dealer doesn't, the profit ratio between us and the dealer is 100/2, clearly the dealer wins more when it comes to gambling.

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

Is it even possible to have an advantage over the bookmaker?

No, this question can be taken as an example of the case that happened to musician Drake recently, he lost millions of dollars again and lost, just imagine if there were 10 people like Drake betting on the same bookie and they lost, 5 more people won with bet $100/person, One result obtained by a bookie like Drake betting is difficult enough to cover the winnings of 1000 other users, meaning the bookie is superior in terms of gambling.

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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?

Even if sports betting is done for entertainment, there is still the intention to win from it.

It may not be a personal advantage. But the one advantage that gamblers have against the bookmaker is that no matter how they choose to select the odds or the factors that they look at, they are never really in complete control. Things can always still go against them and come the way of gamblers like myself.

If there were no luck factor, bookmakers would have had it all and remain completely superior.

danherbias07

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1. None. I don't think we have an advantage with them.
2. No.
3. No.

It's not that I am pessimistic but they do have the connections to give the best odds out there that will only work for them. I bet they have known analysts in different sports to help them out in making those odds that will profit them more.
Now, we don't have that kind of power unless you are an analyst yourself. But, I doubt you could be a good one who can handle many sports. Perhaps, one or two and that's it, so that you can focus more and increase your chance to win.
Still, there's the luck part that you need. I have made a lot of underdog bets that shockingly won. One x18 for a team in basketball, a superunderdog, and at that time Alexa Grasso claimed her title which is x7.00 and more in other sports.
I am not an analyst on both sport but I think there's a part where luck is on my side and my instincts told me to bet for them.

crwth

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I believe having an edge over them is understandable, knowing they have the tools to calculate those odds. When the bettors have calculating tools, you can use arbitrage betting.

Analyzing sports would help you take advantage, in my opinion.

Jawhead999

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The only advantage that the gamblers have is if they can find EV+ bets, if they can't, they have no advantage over the bookmaker.

Even you have knowledge, analysis etc etc that you able to predict the match with higher chance to win, it's not advantage, but you're able to beat the system without advantage. It's a big win when you can beat system that disadvantage you compared to you have advantage and you already know you will win in the end.

Quote from: https://www.oddsshopper.com/articles/betting-101/positive-expected-value-explained-finding-ev-sports-betting-y10

In short, for a bet to be considered a positive EV bet, the probability of cashing on the bet is higher than the odds implied by the price of that bet. Conversely, if your wager’s shot at hitting is less than what you need to break even, then it’s a -EV play.

Let’s say you want to bet on the Bears to cover as 3.5-point home underdogs versus the Packers. The book is offering dime lines of Bears +3.5 (-110) and Packers -3.5 (-110). Without getting into details of how the Vig is handled, just know that it means that sportsbooks are holding approximately 2.4% of the wagers on markets priced at -110/-110 (you can use OddsShopper’s hold calculator to find this number for any two-way betting market).

So, in the case of the Bears +3.5, you will need that bet to hit more than 52.4% of the time to have an edge. With 52.4% set as a breakeven point, if you think the Bears will cover more than 52.4% of the time, then the bet is +EV.

Wexnident

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

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There's hardly any advantage that we could gain lol. I highly doubt a bookmaker is alone, and even if they were, their pretty much privy to a bunch of info as well as some tools that help them analyze stuff. Just the amount of data they can collate is already big enough of an advantage imo, let alone other stuff that they have that help in their analysis.

There's only ever going to be a big enough advantage if say, a player hides something literally from everyone else and only reveals it to you, and it's a really big game changer. Doesn't matter what it is but as long as it can influence the result of a game, it should be more than enough to call an advantage. Highly doubt that's going to happen though and even if it did, there'd probably be calls of match fixing or something.

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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 are referring to bookmaker, I doubt that we will have such advantage on them. They have this modeling analysis and have a lot of data and for sure they are using it to make the correct prediction or at least it's what they think that it is fair for the gamblers.

And with that, I doubt that they will make such a mistakes, probably the advantage that we have is to go against what they listed and not bet on the favorite and go with the underdog. Sometimes we go this way if we had like a hunch or something, and we do hope that we win.

sunsilk

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While betting smarter than the bookmaker means that we're winning against them, it doesn't have to be like that. Just bet and predict, have some good analysis, and be good to go.

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

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?

Not that much, and what I can only say is that I bet on games that I know and maybe that is my advantage as a sports bettor whether it's against the bookmakers or not.

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

Is it even possible to have an advantage over the bookmaker?

Yes, be prepared and researchful about your potential bets. Know the sports you're in and that's an advantage.

Hirose UK

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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.

bakasabo

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The only possible advantage over bookmaker I could think about is having indirect and unintentional insiders information. For instance, a football game is in few days, but you manage to find out that favorites best striker gets injured (you have heard that info or saw him during training). And maybe some indirect hints might help, like knowing that team had minor issues, like a delayed flight, someone recently got problems in family, something that can indirectly influence on performance. Bookmakers does not follow each and every athlete 24/7, but a true fan might know or notice something athletes deviations from routine.

Gozie51

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To have advantage over bookies is difficult, except on few instances like if you are preview to certain crucial information after the odds have been drawn. Like if the bookies were thinking an important player was going to feature due to the coach already published information on his line up and you have that secret beyond them at a later time that such player will be on the bench for the whole of the match. Another way you can have an advantage is if you have the knowledge of a fixed match.

Otherwise, I think personally one may not be smarter than bookmaker. The best thing is to focus on the features and analysing the match rather than focusing on the odds.

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