Betting Odds comparison - page 2. | Bitcointalksearch.org

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Quote from: KTChampions on July 08, 2020, 06:40:40 PM

Quote from: mirakal on July 08, 2020, 07:36:53 AM

Quote from: KTChampions on July 07, 2020, 05:26:07 PM

Doesn’t such variability of results indicate that the strategy is not working? I have been a member of many gambling threads (and other similar areas like forex) and I know this argument. It seems to me that if a person clearly follows a strategy, then it should work regardless of his individual qualities.

Depending on the type of strategy you'll follow.

For example, the strategy in sports betting which I think is effective is " bet against the public",.
It's an effective method as I've mentioned but you can't just follow this method blindly, you also need to spot a match-up that you think one side is heavily favored by the public, so you can spot the value before you take the other side.

The crowd is always betting on favorites. And as far as I know, studies have been conducted and it turned out that the bet on the favorites is the least profitable.

If we look at the overall result, we can only choose between "profitable and not profitable", so I would like to tag the public to be not profitable.

Quote from: KTChampions on July 08, 2020, 06:40:40 PM

You are right here. But the problem is that on average the bet on an outsider is also unprofitable, although the loss is less than in the first case.
Therefore, even such a strategy loses to the strategy "do not bet at all" Cheesy

I'm just referring on the overall bets and I'm glad that you have agreed that the public are betting on the favorites all the time, so they will lose most of the time. How I wish I can always follow this method, but TBH, it's hard to follow as sometimes you also like to enjoy watching and your favorite team is sometimes a public bet.

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Oddsportal is the best I have ever used and I still use this service for more than 6 years. The total odds selections and variety of choices in real-time odds update page is second to none for me, the simplicity of live data comparison let me choose the best bookie from 100 alternative websites. Pinnacle has the juicy odds and the second bookie is Asianodds. Pinnacle is unbeatable in terms of reacting any kind of format change and this is the main reason why many punters still prefer to spend time there compared to alternative bookies.

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Quote from: mirakal on July 08, 2020, 07:36:53 AM

Quote from: KTChampions on July 07, 2020, 05:26:07 PM

Doesn’t such variability of results indicate that the strategy is not working? I have been a member of many gambling threads (and other similar areas like forex) and I know this argument. It seems to me that if a person clearly follows a strategy, then it should work regardless of his individual qualities.

Depending on the type of strategy you'll follow.

For example, the strategy in sports betting which I think is effective is " bet against the public",.
It's an effective method as I've mentioned but you can't just follow this method blindly, you also need to spot a match-up that you think one side is heavily favored by the public, so you can spot the value before you take the other side.

The crowd is always betting on favorites. And as far as I know, studies have been conducted and it turned out that the bet on the favorites is the least profitable. You are right here. But the problem is that on average the bet on an outsider is also unprofitable, although the loss is less than in the first case.
Therefore, even such a strategy loses to the strategy "do not bet at all" Cheesy

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Quote from: KTChampions on July 07, 2020, 05:26:07 PM

Quote from: Japinat on July 05, 2020, 10:59:58 PM

Just follow your own betting strategy, that's the thing you should do.
A strategy that is working for some people, that doesn't mean it will also work for you, and we gambler might differ in implementing or executing it.

What OP have shared is just part of the tools you will need to make a good decision, and this tool could not be useful in the long run due to some changes, you need to update your strategy as well to maintain some consistency in winning if you are already.

Doesn’t such variability of results indicate that the strategy is not working? I have been a member of many gambling threads (and other similar areas like forex) and I know this argument. It seems to me that if a person clearly follows a strategy, then it should work regardless of his individual qualities.

Depending on the type of strategy you'll follow.

For example, the strategy in sports betting which I think is effective is " bet against the public",.
It's an effective method as I've mentioned but you can't just follow this method blindly, you also need to spot a match-up that you think one side is heavily favored by the public, so you can spot the value before you take the other side.

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Wow, I'm late to the party but thanks. I was always looking for a comparison site like this. We had a lot for the traditional casinos but never found as attractive crypto comparison site as this. I have accounts on all of these crypto betting sites and now I can know where I'd get the best odds without checking every of them. The Arbitrage betting is a plus point but the margins are generally so low that it changes by the time you realize it and tries to place bets.

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Quote from: Japinat on July 05, 2020, 10:59:58 PM

Just follow your own betting strategy, that's the thing you should do.
A strategy that is working for some people, that doesn't mean it will also work for you, and we gambler might differ in implementing or executing it.

What OP have shared is just part of the tools you will need to make a good decision, and this tool could not be useful in the long run due to some changes, you need to update your strategy as well to maintain some consistency in winning if you are already.

Doesn’t such variability of results indicate that the strategy is not working? I have been a member of many gambling threads (and other similar areas like forex) and I know this argument. It seems to me that if a person clearly follows a strategy, then it should work regardless of his individual qualities.

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For football betting, does anyone here know the differences between US / Europe odds and Asian odds? Im still trying to understand both.

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Quote from: Ucy on July 06, 2020, 05:42:26 AM

Interesting.
I don't know much about lots of the typical betting terms.

Be specific, we call it "sports betting terms", here, you can educate yourself.

https://www.thelines.com/betting/terms/

Quote from: Ucy on July 06, 2020, 05:42:26 AM

I wonder how they determine this and how reliable they are. Wish I could see the past ones and compare them with past games...

I can see that you don't really know much about sports betting, the site does get their own odds, odds are coming from the sites listed in the OP, was summarized and compared.

Quote

maybe that will help determine what site will be more successful?

I guess we should be talking more about the bettors success, not the site.

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Interesting.
I don't know much about lots of the typical betting terms.
I wonder how they determine this and how reliable they are. Wish I could see the past ones and compare them with past games... maybe that will help determine what site will be more successful?

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Quote from: shoreno on July 05, 2020, 10:17:38 PM

Quote from: Casdinyard on July 05, 2020, 06:38:08 AM

Quote from: Shimmiry on July 05, 2020, 06:00:22 AM

I still think we shouldn't follow nor tolerate the use of such "chance and odds calculator" as there might be some users whom would rather follow those odds than to make them use their logic and critical thinking in putting a bet on a certain team in a game.

I'm agree with this as I also aren't fond of using such calculators. Based on my experiences, I've seen a lot of user's that lost upon basing of their bets and following those kind of predictions. Meanwhile, I've also lost some as I tried doing the same. Therefore, my stand is with you yet we cannot blame other users that keep their basis on such betting odd platforms

why you insist follow others when you already saw that they are loosing ? so obviously you will loose too and it did happen . you can blame them because those users make you lost and you can also blame yourself for trying it .

i wont be happy loosing following others , thats why i never use this kind of tools but im only playing own my own . if i loose id be more contented but most of the times i never loose because i know what im doing .

Maybe he thinks that by following them and his luck can come, and he will have the chance to win. But as you say, we can get another loss by following them, so it is better to modify the predictions or strategy or else so the chance to win will be there.

But still, no matter how good we modify the strategy and another thing, if we don't have luck, we will not win and will lose the money. Maybe we need to break a while before we can start a new round.

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Quote from: shoreno on July 05, 2020, 10:17:38 PM

Quote from: Casdinyard on July 05, 2020, 06:38:08 AM

Quote from: Shimmiry on July 05, 2020, 06:00:22 AM

I still think we shouldn't follow nor tolerate the use of such "chance and odds calculator" as there might be some users whom would rather follow those odds than to make them use their logic and critical thinking in putting a bet on a certain team in a game.

I'm agree with this as I also aren't fond of using such calculators. Based on my experiences, I've seen a lot of user's that lost upon basing of their bets and following those kind of predictions. Meanwhile, I've also lost some as I tried doing the same. Therefore, my stand is with you yet we cannot blame other users that keep their basis on such betting odd platforms

why you insist follow others when you already saw that they are loosing ? so obviously you will loose too and it did happen . you can blame them because those users make you lost and you can also blame yourself for trying it .

i wont be happy loosing following others , thats why i never use this kind of tools but im only playing own my own . if i loose id be more contented but most of the times i never loose because i know what im doing .

Just follow your own betting strategy, that's the thing you should do.
A strategy that is working for some people, that doesn't mean it will also work for you, and we gambler might differ in implementing or executing it.

What OP have shared is just part of the tools you will need to make a good decision, and this tool could not be useful in the long run due to some changes, you need to update your strategy as well to maintain some consistency in winning if you are already.

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Quote from: Casdinyard on July 05, 2020, 06:38:08 AM

Quote from: Shimmiry on July 05, 2020, 06:00:22 AM

I still think we shouldn't follow nor tolerate the use of such "chance and odds calculator" as there might be some users whom would rather follow those odds than to make them use their logic and critical thinking in putting a bet on a certain team in a game.

I'm agree with this as I also aren't fond of using such calculators. Based on my experiences, I've seen a lot of user's that lost upon basing of their bets and following those kind of predictions. Meanwhile, I've also lost some as I tried doing the same. Therefore, my stand is with you yet we cannot blame other users that keep their basis on such betting odd platforms

why you insist follow others when you already saw that they are loosing ? so obviously you will loose too and it did happen . you can blame them because those users make you lost and you can also blame yourself for trying it .

i wont be happy loosing following others , thats why i never use this kind of tools but im only playing own my own . if i loose id be more contented but most of the times i never loose because i know what im doing .

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Quote from: crwth on July 05, 2020, 08:50:58 AM

Quote from: freedomgo on July 05, 2020, 04:23:17 AM

I know what arbitrage betting is, as I'm a gambler I was pretty much interested with that idea before but I realized it's not easy to do it.
You probably need a software or something that would help you spot an opportunity to do an arbitrage betting.

Sorry about that. I was just surprised and confused about what you are disagreeing with. I should've used a different phrase for what I'm trying to say. Having software would be great to make the computation a lot easier.

No problem mate, best we can do is to maintain the meaningful discussion here.

Quote from: crwth on July 05, 2020, 08:50:58 AM

Quote from: freedomgo on July 05, 2020, 04:23:17 AM

Man, relax, that's just my opinion, please don't tell me that I will have to educate myself as I'm a long time gambler particularly in the sports betting and I don't need a wikipedia to educate myself, my experience alone is enough.

I just got the first link that I think is relevant to the conversation. Well, good luck with your endeavors in gambling! Share some strategies if you have techniques about arbitraged betting.

I will, but I don't expect to find a working method in my end as I already quit doing arbitrage betting, I just bet on the team, it's easier and more fun.

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Quote from: freedomgo on July 05, 2020, 04:23:17 AM

I know what arbitrage betting is, as I'm a gambler I was pretty much interested with that idea before but I realized it's not easy to do it.
You probably need a software or something that would help you spot an opportunity to do an arbitrage betting.

Sorry about that. I was just surprised and confused about what you are disagreeing with. I should've used a different phrase for what I'm trying to say. Having software would be great to make the computation a lot easier.

Quote from: freedomgo on July 05, 2020, 04:23:17 AM

Man, relax, that's just my opinion, please don't tell me that I will have to educate myself as I'm a long time gambler particularly in the sports betting and I don't need a wikipedia to educate myself, my experience alone is enough.

I just got the first link that I think is relevant to the conversation. Well, good luck with your endeavors in gambling! Share some strategies if you have techniques about arbitraged betting.

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Quote from: freedomgo on July 05, 2020, 07:58:00 AM

Quote from: Casdinyard on July 05, 2020, 06:38:08 AM

Yet, Shimmiry asked whom dictates such odds on those certain sportsbooks, are they the users, analyst, or calculated based off on the bets and certain algorithms?

it's the oddsmaker, they provide odds to sportsbook but some sportsbook have different odds provider, that's why arbitrage betting is possible.

Sportsbooks release the initial odds according to the odds maker or odds provider. Of course they got the odds from their analysts.

Once the odds are already released to the public for betting, the changes on it are not anymore coming from the odds maker or odds provider. They are now coming from the bets that flow from the gamblers. A team's odds rise and fall depending on how the betting goes.

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Quote from: Casdinyard on July 05, 2020, 06:38:08 AM

Yet, Shimmiry asked whom dictates such odds on those certain sportsbooks, are they the users, analyst, or calculated based off on the bets and certain algorithms?

it's the oddsmaker, they provide odds to sportsbook but some sportsbook have different odds provider, that's why arbitrage betting is possible.

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Bitedge is indeed helpful in comparinf bet odds. It is even not that complicated to compare betting odds on different gambling platform. As for me, I am not using such calculator at all times but if I want to find which one is the best then i'll use an odds comparison. I always add to bookmark site that Is helpful for me.

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Quote from: Shimmiry on July 05, 2020, 06:00:22 AM

So how would they calculate the odds, by other website and its user's predictions or by other websites and it's own predictors? Nevertheless, one thing or the other, I still think we shouldn't follow nor tolerate the use of such "chance and odds calculator" as there might be some users whom would rather follow those odds than to make them use their logic and critical thinking in putting a bet on a certain team in a game.

I'm agree with this as I also aren't fond of using such calculators. Based on my experiences, I've seen a lot of user's that lost upon basing of their bets and following those kind of predictions. Meanwhile, I've also lost some as I tried doing the same. Therefore, my stand is with you yet we cannot blame other users that keep their basis on such betting odd platforms, as what Russlenat had been said:

Quote from: Russlenat on July 05, 2020, 05:18:50 AM

No, that platform was just showing the odds from different site, your chances to win solely depends on capability in choosing a team to win.
Better odds will just give you better return, that's it, nothing more.

Quote from: Russlenat on July 05, 2020, 06:16:39 AM

As you can see in the OP, there are 5 sportsbook which has betting odds differences, that odds are the actual odds from the respective sportsbooks, it was just summarized in this site so we can see a picture of comparison and we can choose the best odds if we like.

Indeed, it only shows that were based on various gambling/betting platforms. Yet, Shimmiry asked whom dictates such odds on those certain sportsbooks, are they the users, analyst, or calculated based off on the bets and certain algorithms? Odds really is just a statistical chance and numerical illustration of whom has the greater hand in the game, but real researches of current situations would really give you higher chances of winning.

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Quote from: Shimmiry on July 05, 2020, 06:00:22 AM

Quote from: Russlenat on July 05, 2020, 05:18:50 AM

~
No, that platform was just showing the odds from different site, your chances to win solely depends on capability in choosing a team to win.
Better odds will just give you better return, that's it, nothing more.

So how would they calculate the odds, by other website and its user's predictions or by other websites and it's own predictors? Nevertheless, one thing or the other, I still think we shouldn't follow nor tolerate the use of such "chance and odds calculator" as there might be some users whom would rather follow those odds than to make them use their logic and critical thinking in putting a bet on a certain team in a game.

As you can see in the OP, there are 5 sportsbook which has betting odds differences, that odds are the actual odds from the respective sportsbooks, it was just summarized in this site so we can see a picture of comparison and we can choose the best odds if we like.

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Quote from: Russlenat on July 05, 2020, 05:18:50 AM

~
No, that platform was just showing the odds from different site, your chances to win solely depends on capability in choosing a team to win.
Better odds will just give you better return, that's it, nothing more.

So how would they calculate the odds, by other website and its user's predictions or by other websites and it's own predictors? Nevertheless, one thing or the other, I still think we shouldn't follow nor tolerate the use of such "chance and odds calculator" as there might be some users whom would rather follow those odds than to make them use their logic and critical thinking in putting a bet on a certain team in a game.

Topic: Betting Odds comparison - page 2. (Read 745 times)