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Topic: Betting on favorites. not always effective - page 2. (Read 329 times)

legendary
Activity: 1204
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What we need to pay attention to is the effectiveness itself in gambling, I think not a few people say that we will not always get lucky, will not always win even though we have the strongest team in a match, so seeing the effectiveness itself in betting on the favorite team in my opinion there is no if you demand that effectiveness always gets victory in gambling in the same way, we must understand on the other side that is big and cannot be controlled is that gambling is owned by luck so that you can get victory on the bets you make.

You can simply look at the history of the team's results and see that favorites also often lose points, if they do not lose very often, but they can have draws, and if you consider that the odds on the favorite are almost always very low, then the profit from such bets can be lost much faster than it would have to be earned. So betting on favorites is normal, and this is what players most often do, but for higher odds they collect events in a pair.

That's data and only provides possibilities, right? You won't be able to guess the reality of a match going on when you believe that you will win a match, you will say that historical data is very good and it is a favorite so that it allows victory in the match, but you will not know either that the team that is considered bad, has a bad history then you gamble for its defeat at a certain time to win, conquering the favorite team in an unexpected way like luck happens on the field.
hero member
Activity: 3094
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The Eagles really played well and you can already see from the first half that they will probably win that game. I didn't expect the Chiefs to play that bad but heck, they are just humans and there will always be bad days. Now Rejoice! Philly! Grin
I didn't place any bets for his game as I thought I don't need to because I know it will be a damn good game so no need to add some flavor on it. I am not a fan of both teams too but it's still football so might as well just watch it. The Chiefs may be the favorite but they are not that far from the Eagles when the odds came out.
full member
Activity: 308
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You may only bet the underdog if you are a die hard fan of that team, that's just it but if your goal is to win, the fave team would be your choice. Only a few people can see how an underdog can win.
When you want to win, you are going to bet on the team that you've analyzed, probably listen to the public, whether they are underdogs or not, but they have high potentials of winning that's the team you'll choose. But when you bet for fun and you are not betting with a large sum of money, you can always bet on your favourite. If they win, fine. If you don't win, that's also fine. So it just depends
Betting on the underdogs does not guarantee that they are going to win, games change, no two games are the same.
full member
Activity: 238
Merit: 297
What we need to pay attention to is the effectiveness itself in gambling, I think not a few people say that we will not always get lucky, will not always win even though we have the strongest team in a match, so seeing the effectiveness itself in betting on the favorite team in my opinion there is no if you demand that effectiveness always gets victory in gambling in the same way, we must understand on the other side that is big and cannot be controlled is that gambling is owned by luck so that you can get victory on the bets you make.

You can simply look at the history of the team's results and see that favorites also often lose points, if they do not lose very often, but they can have draws, and if you consider that the odds on the favorite are almost always very low, then the profit from such bets can be lost much faster than it would have to be earned. So betting on favorites is normal, and this is what players most often do, but for higher odds they collect events in a pair.
legendary
Activity: 3346
Merit: 1134
Leading Crypto Sports Betting & Casino Platform
The Eagles were not heavy underdogs before the match began. If I remember correctly, it was just +2 for them and the odds for default picks are almost identical. Many trusted the Eagles could really win it. It's just that the Chiefs are hyped because of Mahomes.
I was also one who lost on this bet as I thought Mahomes could carry the game for his team but I was mistaken. I guess the real mistake is underestimating the Eagles and I bet many gamblers did the same.
I cannot answer your last question but when I do bet for underdogs, it must mean that I checked that the team could really win the match. I sometimes take the +3 or +4 in the NBA.

legendary
Activity: 1890
Merit: 1210
In betting, it's 50/50, even the odds is different.

This mean, even you bet on favorite, the chance to win is 50% while chance to lose is 50% too.

If you think betting on favorite means you will make money in the long run, you're wrong, it's not enough to earn by only betting on favorites.
sr. member
Activity: 1400
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With NFL 59 ending with the score of 40-22 in favor of the Eagles, to say that it was impressive as it was shocking would be an understatement. Kansas City Chiefs is the two time defending champion which is why many probably have betted on the Chiefs as they went as the favorites. The other day I saw someone post about betting only on the underdogs and how it would not be profitable over the long run but the recent superbowl has shown how sometimes the favorite is not always going to win.

The eagles were determined scoring 24-0 before halftime. Anyone betted on The Eagles? If you have, what are your reasons for betting on a team that is not the favorite and how can it be applied to other sports matches as well?
To be honest I don't have much knowledge on NFL sports but I think I can answer this.

Even then betting is all about luck I think betting only on favourite team wasn't a wise decision and as well it will no effective. And I think it doesn't matter whether I bet on my favorite team or not. I'm supporting my favorite team, that's enough for me. And in the case of gambling, this kind of emotion will never actually bring good results.

I have no intention of taking such a strategy so there can be no reason for it.I always suggest to everyone that when you bet, keep your emotions in check, analyze and based on the analysis, bet on the team that you think is likely to win even it was against your favorite team.
Even you will not always win by following this strategy but it could help you to lower your losses amount.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
In betting, there is always a change in the outcome. I have realized from regularly participating in sports betting that when our ideas are similar in a matter, the outcome usually happens opposite to it. In most cases, I have lost by participating in my favorite bet. My winning rate in those bets is very small. I try to control myself more when there is a specific match. Because my loss rate is higher in such matches. That is why I agree with the OP's point of view. In gambling I have realized from long experience that the opposite of what the average person imagines will happen in reality. People who have made such comments in the meantime, I will definitely agree with them. The fact that the favorite also wins is comparatively very low.

In most sports events, the usual underdog really can lose in the match. They are underdogs for so many reasons, and so their chance of winning is quite lower when you compare it to the heavy favorites. However, one can't say that their chance of winning is always higher when it comes to betting the favorites because there are some instances that the underdogs will show their best performance.
sr. member
Activity: 994
Merit: 314
In betting, there is always a change in the outcome. I have realized from regularly participating in sports betting that when our ideas are similar in a matter, the outcome usually happens opposite to it. In most cases, I have lost by participating in my favorite bet. My winning rate in those bets is very small. I try to control myself more when there is a specific match. Because my loss rate is higher in such matches. That is why I agree with the OP's point of view. In gambling I have realized from long experience that the opposite of what the average person imagines will happen in reality. People who have made such comments in the meantime, I will definitely agree with them. The fact that the favorite also wins is comparatively very low.
sr. member
Activity: 2618
Merit: 439
If you have, what are your reasons for betting on a team that is not the favorite and how can it be applied to other sports matches as well?

In this particular case I have not done it but in general I can bet on the underdog if I think there are factors that may affect, as their best player is injured, they play away from home or the opponent has a very good trend in recent games, things like that. The bad thing is that the bookmakers also take that into account. In the end it is to rely a little on a hunch hoping to be right because they will also pay you much more if you win.
What advantage the eagles had over the chiefs seems to be in mentality. A lot of the eagles players were humiliated before in their careers and so you could say that they were determined and extremely motivated to take this win.

And maybe the chiefs have gotten too overconfident, winning almost every game they have played in this season, and not expecting for the eagles to be any strong. If you betted against the public, congratulations. It’s paid off.
legendary
Activity: 1204
Merit: 1005
What we need to pay attention to is the effectiveness itself in gambling, I think not a few people say that we will not always get lucky, will not always win even though we have the strongest team in a match, so seeing the effectiveness itself in betting on the favorite team in my opinion there is no if you demand that effectiveness always gets victory in gambling in the same way, we must understand on the other side that is big and cannot be controlled is that gambling is owned by luck so that you can get victory on the bets you make.
full member
Activity: 2268
Merit: 182
I even don`t care who is favorite. I have a strategy, i research event before betting, i watch odds. If everything is ok - i bet and it doesn`t matter who is favorite.
PS. And i try to avoid cup games - it can surprise. Right like in your example.
That seems odd because if you're consistently betting on sports, you'll know whether you're backing the favorites or the underdogs. Sure, everyone has their own strategy, but it's important to know which side you're on since the odds matter. So, you've got a strategy, but I find it a bit strange.
i guess he is talking about not immediately coming to a conclusion just because one is a favorite and one is an underdog some people do bet on the team that is known that is the favorite so if you don’t get swayed by the public’s opinion then you can make your own analysis and come up with a good betting strategy
legendary
Activity: 2520
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Leading Crypto Sports Betting & Casino Platform
With NFL 59 ending with the score of 40-22 in favor of the Eagles, to say that it was impressive as it was shocking would be an understatement. Kansas City Chiefs is the two time defending champion which is why many probably have betted on the Chiefs as they went as the favorites. The other day I saw someone post about betting only on the underdogs and how it would not be profitable over the long run but the recent superbowl has shown how sometimes the favorite is not always going to win.

The eagles were determined scoring 24-0 before halftime. Anyone betted on The Eagles? If you have, what are your reasons for betting on a team that is not the favorite and how can it be applied to other sports matches as well?
There are never guarantees of winning regardless of the side you decide to bet on in a sports match, all this debate on whether to bet on the underdog or favorite should have subsided if we all are really to start telling ourselves the truth..

Winning in sports betting deals with two things, and they are your level of knowledge on the sport and team you are betting on, and second and last is Luck.
One can have the knowledge and every thing else required to make the right predictions in a sports match, but he or she will still have to depend on luck to ensure that he or her prediction ended up correctly as predicted, without luck on our side, we can still be wrong whether you choose the underdog to beat the favorite or the favorite to beat the underdog.
This is something I believe we all should learn and know that there are no guarantees, if there was, we all will be billionaires because no one will know who will win a match, and still choose to bet on the team they know would lose.
hero member
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Bookmakers rarely make mistakes in considering which teams are favorite by what people thinks. If they see Team A is a favorite that means its really can win easy or at least it can win by few points against Team B.

You may only bet the underdog if you are a die hard fan of that team, that's just it but if your goal is to win, the fave team would be your choice. Only a few people can see how an underdog can win.
legendary
Activity: 1106
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Lightning network is good with small amount of BTC
I even don`t care who is favorite. I have a strategy, i research event before betting, i watch odds. If everything is ok - i bet and it doesn`t matter who is favorite.
I think you are confusing fans with favorite. You can be a fan of a club but if you know that another club the club you are a fan of is playing with have highest chance to win. That means the other club is your favorite. Which means after you have analyzed and choose a club to win, the club you choose is your favorite. So you will definitely have a favorite which is the club that you chose to win.
legendary
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I even don`t care who is favorite. I have a strategy, i research event before betting, i watch odds. If everything is ok - i bet and it doesn`t matter who is favorite.
PS. And i try to avoid cup games - it can surprise. Right like in your example.
That seems odd because if you're consistently betting on sports, you'll know whether you're backing the favorites or the underdogs. Sure, everyone has their own strategy, but it's important to know which side you're on since the odds matter. So, you've got a strategy, but I find it a bit strange.
hero member
Activity: 2604
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I even don`t care who is favorite. I have a strategy, i research event before betting, i watch odds. If everything is ok - i bet and it doesn`t matter who is favorite.
PS. And i try to avoid cup games - it can surprise. Right like in your example.
legendary
Activity: 3318
Merit: 1247
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With NFL 59 ending with the score of 40-22 in favor of the Eagles, to say that it was impressive as it was shocking would be an understatement. Kansas City Chiefs is the two time defending champion which is why many probably have betted on the Chiefs as they went as the favorites. The other day I saw someone post about betting only on the underdogs and how it would not be profitable over the long run but the recent superbowl has shown how sometimes the favorite is not always going to win.

The eagles were determined scoring 24-0 before halftime. Anyone betted on The Eagles? If you have, what are your reasons for betting on a team that is not the favorite and how can it be applied to other sports matches as well?

There will always be failures in favorites especially in sports like NFL, tennis and basketball being the sports with most failures when betting on favorites. I would say that this is not going to change as I have experienced first hand losing in basketball when the leader with odds 1.04 lost to the last place, we need to be able to choose a good team which this is also difficult. Sometimes when betting on non favorites I imagine that people see the h2h results and bet on a team who has valid good results, meaning they are in good form and have won most of their recent games.
hero member
Activity: 798
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Betting on the favorite or underdog will not give consistent wins. Maybe for bets like in football matches where the league is dominated by one strong team like the French Ligue 1, betting on the favorite team can produce consistent wins. But it will also create new opportunities, namely draws in several matches.
The same as Liverpool's match in the FA Cup, they were very favored but had to lose surprisingly. This applies to all sports betting. We can bet on the favorite, but we must know that there will be other possibilities that make the bet not won.
Even in the French league there are times wheen thr dominating favourite loose game and even times when they draw so at those points in time it's usually not going to profit whosoever bets on them alone as favourites,  I agree with your taughts as its reminds us that there's still never certainty in gambling,  you only get lucky and you can only improve your chances to be lucky by making sure to have a good knowledge about teams,  get a strategy and follow-up with discipline and your picks should be profitable majority of the time but never always.
legendary
Activity: 2576
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I believe it will be wrong to think that favorites always win and build gambling strategy on that. I think everyone has experienced in his life when obvious was beaten with unexpected, when we were sure in something for 100%, but then something unforeseen ruins our plans. Simply another explanation how random effect influence on our lives. But that is what makes gambling interesting; situation when high risk pays off.
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