Are you a Top-down or Bottom-up bettor? - page 2.

Oilacris

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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?

Im a bottom-up bettor on which this is really that what im doing.Its true that when it comes to that quantifying the edge which it is really that something real but it doesnt matter much as long
it would really be reaching out on what you are that anticipating or expecting then that what surely counts.

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.

KTChampions

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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?

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%.

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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?

Since it is a long time I don't consult any tipping site or predictions site which I used to back in the days I guess I am a bottom-up bettor as I only believe my insights that I have about each game.In Champions League I have a 4 games parlay in both teams to score,Lazio and Celting came true while I wait Newcastle and Porto which I believe have high chances of coming true,I have also another parlay with 4 other choices that are over 2.5 goals and usually this is what I bet not only in Champions League but every where I play.So far I am happy for the overall results that I am getting,winning about 2-4 bets with odds over 10 in total during the week brings me profit,so yeah I am a bottom-up bettor based on your description.

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Any experience while you are comparing both of them.

I mean you say that, really prefer for (Top-Down). I would love to see the comparasion from betting using these two option, after that see the outcome and progress from the bet type. Really good, If you can stand with your choose but with some tested experience during the bet.

Baofeng

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I guess most of us here are on the latter, "bottom-up betting method". We form our own analysis without checking what most tipsters are putting. This could really based on our experience on that particular games and we have followed it since we are still very young so obviously we know the teams and the players already and we have in our mind what could be the outcome of the game and where are the value bets.

Nothing is wrong with top-down though, but it's very hard to find someone that reliable as a tipsters. Unless you have been following him for years and you know when to follow him with his tips. So you can check those websites and then see how it goes with your bet as well to see if you have the same analysis.

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I think I’m doing both somehow; I do check the previous matches but I also associate the present to create my analysis and to help me choose which team should I bet. Perhaps with basketball rosters and team 1 is dominant with the games but happened to not have their star players on their finals would I still bet on them? either strategy would be good especially if it works on your bets or that you are winning from doing so. There are orhers as well wherein players are using odds as their determinant. We are all guessing in gambling industry and we just happened to have different viewpoints on how we would take a bet. either would cause risk but what’s important is where you are comfortable using with.

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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?

From these descriptions i would most certainly be a bottom-up bettor. I like to come up with my own reasoning and analyze the situation then go from there. I really do not like to follow other peoples advice blindly, but i do look at it and if they provide some advice/info that makes sense then i encorporate that into my own.

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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.

Maybe bottom-up bettor too. I'm more of a fan of the sport than a bettor and then bet based on the analysis of the influencers I watch. But I also compare my analysis to them and then come up with my own.

You have to be a fan of the sport in order to be aware of the game and its players. It's not going to be fun for someone who is not a fan and yet bet on the matches he won't even watch.

Davidvictorson

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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?

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