Are you a Top-down or Bottom-up bettor?

Westinhome

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Quote from: alastantiger on October 28, 2023, 07:59:09 PM

The explanation is not clear enough. They cannot just be two approaches to this because I use the both of them and another one. But I do like that you are confident in your bet at the at the end of the day. I didn't think we xannf

The gambler should understand the top down approach of the gambling sites.The top to the bottom way was important at the beginning of the game,but the same can be change when the strategy was not the clear and applicable one.This is just the approach for the same game to recover the loss at the extreme time.The gambler should also increase their pocket holding for implementing of the new approach to the game.Unless the new approach will not begin with the loss of the money for the new approach.Some of the gambler will not ready to face the next approach for the same game.

alastantiger

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The explanation is not clear enough. They cannot just be two approaches to this because I use the both of them and another one. But I do like that you are confident in your bet at the at the end of the day. I didn't think we xannf

Dunamisx

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Maybe we all just need to understand the various patterns in gambling that best fit our personal desires, there's a way we can also go about it by creating new ones that we feels will go along way with us each time we are gambling, some people already have taken their own time to make discovery om some of these patterns we all have to depend on today in gambling, this up to buttom is not what is very common like that to someone like me.

BitcoinPanther

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From the given explanation, I can say I am one of those bottom-up bettor, Since more like I analyze the incoming event and formulate my own analysis before betting.

Quote from: Johnyz on October 28, 2023, 03:32:10 PM

Finding a reliable source when it comes to bettings seems not easy for me and I can’t trust any source easily especially in betting when your chance of winning are more high since you can analyze and decide on your own.

It is indeed hard to find a reliable source since we have the tendency not to trust others analysis when we ourselves are capable to do so. Aside from that I also think that it is ok to have a lost bet as long as I used my own understanding and analysis on the game than using other peoples prediction.

Johnyz

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Most of the time I’m a bottom-up type of better as I do always make my own analysis based on my own research. Finding a reliable source when it comes to bettings seems not easy for me and I can’t trust any source easily especially in betting when your chance of winning are more high since you can analyze and decide on your own. Betting is risky as well, if you trust any betting suggestion then you are increasing the risk of losing the money.

ChiBitCTy

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I do a lot more sports betting than I do of any other type of gambling. For me betting NFL Football is my favorite type of gambling. I guess I'm embarrassed to say that I don't do either Top-down or Bottom-up gambling, as I just use my knowledge of the game and make bets based off of that. I am pretty obsessive when it comes to the NFL, I have 6 fantasy football teams/leagues and I watch all day long every Sunday, so I do pretty well all things considered. I should look in to this to give myself an advantage.

redsun114

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Quote from: Text on October 26, 2023, 08:08:37 AM

In my opinion, I think I've tried both, it just depends on my interest in the sport I want to bet on. For example, if I don't know much about a sport but want to try it, and maybe I'm tempted to bet on it, or perhaps because I see others showing interest in it, but that rarely happens. Most of the time, I still make my own analysis when betting, I make my own decisions and I think about who has the guts to win. So yeah, maybe I can consider myself a bottom-up bettor too.

There are really sports that we don't know but others know really well, and we shouldn't follow them because the chance for us to lose is high if we will only depend on our own ability or instinct.

If you want to do it badly, then maybe you can be a top-down bettor for that game and do adequate research or analysis only to increase your chances of winning. Not only you but I think almost all of us already tried both of the betting types but we may have stick on one type only as the time passes by. Maybe only few left who up until now are doing both types because like the OP said or described, each of them has their own advantages and disadvantages.

CODE200

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Quote from: Davidvictorson on October 25, 2023, 10:54:02 AM

The two methods in sports betting which most of use but are not aware of are the top-down or bottom-up betting method. In top-down betting you find a reliable source of information which is often sharp sportsbooks and look for better odds elsewhere which creates positive expected value bets. The advantages of top-down betting is that those who have used it have a proven track record of success, and with it, you only need minimal sports domain knowledge. The only disadvantages I have seen with this method is that it can be time-intensive and may lead to limitations with certain sportsbooks. In bottom-up betting method, you form your own opinion about the odds by building models or using qualitative insights and tools, which can be particularly useful in less efficient or derivative markets. The advantage of this betting method is that the bettor has a greater control over their analysis, it is suitable for inefficient markets. However, it can require more resources, domain knowledge, and may be harder to quantify the edge. I think most punters are bottom-up bettor. So which are you, a top-down or bottom-up bettor?

I think I would consider myself as a bottom-up bettor.
As what you have mentioned, top bottom would require you a lot of effort and is time consuming. Considering not everyone has the time to look and search for sportsbook and look for better odds, and it seems like this will be just an additional work for you. Not unlike in bottom-up where you can freely make your own analysis about the game which makes it more interesting. And I think this will be more enjoyable because you are allowing yourself to analyze the game or the team that you are betting on, and at the same time you are held accountable on your bets because you are making your own decisions. But I think, bottom-up betting method is best when used by a bettor who are into sports because he can make his/her own analysis and opinion about the game. And the possibility of winning is much bigger.

Russlenat

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Quote from: Davidvictorson on October 25, 2023, 10:54:02 AM

In top-down betting you find a reliable source of information which is often sharp sportsbooks and look for better odds elsewhere which creates positive expected value bets.

What do you mean by sharp sportsbooks? is it just a typo error, or you mean sharp bettors?

As for me, I don't think I belong to that (top-down betting )category. My betting approach is pretty simple. I stick to a particular gambling site that I'm comfortable with, and I don't shop around for odds on different sportsbooks. I believe that if there are differences in odds, they are usually minimal. I do a bit of research, but most of the time, I trust my instincts.

The one thing I do apply with great discipline is bankroll management. To me, that's the most critical aspect, right alongside selecting the winning bets.

len01

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most of the other users who have answered on average all choose bottom-up betting because in this way I am more satisfied with the results of my own analysis and I am also one of them because the satisfaction when I get a win from the odds that I have calculated myself is more satisfying and enjoyable even though its not always right, its rather boring from top-down when you have to follow the results of other people analysis which also does not necessarily give you victory and even though you can win, its not a challenge for me.

Text

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In my opinion, I think I've tried both, it just depends on my interest in the sport I want to bet on. For example, if I don't know much about a sport but want to try it, and maybe I'm tempted to bet on it, or perhaps because I see others showing interest in it, but that rarely happens. Most of the time, I still make my own analysis when betting, I make my own decisions and I think about who has the guts to win. So yeah, maybe I can consider myself a bottom-up bettor too.

bitbollo

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some odds are only offered by some platforms. as only some platforms have certain characteristics.
the best strategy is always the one in which you have the most confidence in the style of play.
adapting the style of play is possible but never It cannot be changed completely.
By the way, I think also that only few gamblers in sports have these approaches.

KTChampions

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Quote from: Oilacris on October 25, 2023, 03:59:33 PM

Quote from: KTChampions on October 25, 2023, 03:57:59 PM

Bottom-up. In the end, we are fighting with the bookmaker's opinion (even if it is based on cash flows = the opinion of other players) and the margin which is against us. If I see distorted bets, then I easily bet on them. Placing bets according to a top-down scheme is very difficult, almost impossible, since you do not have accounts with each bookmaker and round-the-clock time to track quotes and catch a change of 1-2%.

Yes, trying to make multiple accounts just to hedge out with those minimal percentage differences would really be that needing that effort and somewhat really that tiring
on just trying to see those differences on which not really that worth for the work and time but if you do have that sufficient time then you could
really be able to waste up on that manner.

There is no point in hedging bets to get a guaranteed profit. You just freeze more money and the average profit is the same if you just look for value and place a bet. Somewhere on the forum I saw a topic in which this was shown purely mathematically. And do not forget that one way or another bookmakers do not like those who hedge bets, it is clear that it is up to the player where, how and how much to bet, but this can cause problems in some bookmakers.

Yaunfitda

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Might be better if the OP put up a poll so that we will know how many of us are using this kind of methods.

But I guess like the rest of us, bottom-up betting method. I mean for example in sports betting, we only play or bet on the games that we are more familiar with. Like basketball for example, it's one of the most well known sports here in our community and we have a lot of members who bet on that game (including myself). And if you look at the tips, it's almost that it is based solely on their analysis and not on someone tips or something. Maybe there are a few here who find some reliable tipster and follow them, it might not be a good idea though as that tipster might encounter some losing streak or be on a negative for a certain sports.

Casdinyard

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Quote from: Davidvictorson on October 25, 2023, 10:54:02 AM

So which are you, a top-down or bottom-up bettor?

I believe I'm more of a bottom-up bettor because I calculate my own game odds and don't depend on others for them. Whether someone is a topdown or bottomup bettor depends on how they like to do sports betting. Some bettors might choose one way based on their skills and the kinds of markets they like. Your decision relies on your betting style and how much you're ready to put into it.

Same here, I only ever bet on sports that I know and on players/fighters that I am most acquainted with, so I am pretty confident about my own deductions, although top-down doesn't sound so bad either despite the disclaimer about it being time-intensive. If that's what it's going to take for me to consistently win games and earn more money to put into my bankroll, I'd be willing to do the homework and spend time learning the things about that sport. Bottom-up players should not let their ego take a hold of their judgement though, cause if you got a little ballsy and bet on games that you don't know scat about, you're going to most likely lose even if you're the biggest fortune-teller on the planet lol.

Blitzboy

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Though they use these methods, many casual bettors are unaware of them. Top-down betting from clever bookmakers seems like a shortcut for non-sports fans. Relying heavily on external sources, even if proved, can waste time and put one at odds with some bookmakers.

What about the bottom-up method, which shouts autonomy and control? Control brings responsibility. Modeling and qualitative insights are difficult. It takes time, money, and game knowledge to use this strategy. I believe the ideal sports betting strategy is a hybrid approach that makes the most of both worlds. Opinions on that? When we can use both methods, why limit ourselves?

ethereumhunter

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It seems like I use these two methods because when I don't want to analyze but I know the match and also know the teams that will compete, I just look for which team has a greater chance of winning. And I will immediately place a bet but not bet big money. When I want to bet using my analysis and looking for more information about the match, I will look for it as best as possible to know which team can win. The most important thing about the two methods above is that you know how much money you want to use to bet and stay within the limit you can afford. That will save you from bigger losses so that if we lose, our losses will not be big.

ralle14

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Even though i've tried both of them, i'm mostly a bottom-up bettor because I noticed there are only a few different providers that most crypto sportsbooks use. I could still spend a few minutes shopping to get better odds but the best ones are always on the fiat sportsbooks and betting exchanges. Those usually require KYC and that's a pass for me, i'd rather stay with the sportsbooks and take the juice on their markets than get verified when I don't wager that much.

Darker45

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I don't normally bet on sports that I don't know. Whenever I bet on NBA games, for example, I have sufficient knowledge to be somehow assured that my bet is reasonable and has a good chance of winning. Of course, this includes opinions of others especially experts. Having said this, I rely on whatever analysis I come up.

But sometimes I have my own analysis that I don't care what the experts are saying. Watching a DOTA II game, for example, you may hear commentators speak of how one team's picks seem stronger than their opponent's. After consideration, if this still goes against my own way of looking at it, I stick to my decision.

So I guess that makes me a bottom-up bettor.

mvdheuvel1983

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Sometimes I am a bottom- up bettor.
When I am like 80% confident in the outcome of the game then I am the bottom up at approach method. Mostly relying on my deep knowledge of the teams, player, historical records and what have you.
The top-down approach is also used too. I feel like this is a lazy method for people who don't want too much stress. This method my lead the bettor eventually to the bottom up method if he encounters any frustrations.

Topic: Are you a Top-down or Bottom-up bettor? (Read 173 times)