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Topic: Betting on favorites. not always effective - page 3. (Read 398 times)

legendary
Activity: 1106
Merit: 1337
Lightning network is good with small amount of BTC
February 10, 2025, 08:18:03 AM
#22
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
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
February 10, 2025, 06:29:17 AM
#21
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
Merit: 789
February 10, 2025, 06:02:42 AM
#20
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
Bitcoin Casino Est. 2013
February 10, 2025, 05:50:02 AM
#19
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
Merit: 509
Leading Crypto Sports Betting & Casino Platform
February 10, 2025, 05:27:27 AM
#18
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
Merit: 1229
February 10, 2025, 05:01:46 AM
#17
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.
legendary
Activity: 1652
Merit: 1208
Gamble responsibly
February 10, 2025, 04:47:38 AM
#16
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.
Have you forgotten that betting is very risky? You can not be so perfect in a way that your bets will always hit and win. That is not possible at all. Your favorite in the OP means the team you think would win. People will prefer to bet on the teams they think would win. That is how betting is. If you bet otherwise, you will lose more money. The odds are set not to favour bettors.
sr. member
Activity: 630
Merit: 352
February 10, 2025, 04:41:29 AM
#15
Betting on favorites cannot be effective all the time, sometimes it goes to the underdog, that is why it's called gambling, nobody knows what the final outcome will be. Favorites are better rated teams that gives better performances and they win most of the time that is why they're the main choice but sometimes offsets can happen and the underdog will carry the day. I don't have a rigid strategy on focusing only on favorites or underdogs, I analyze and go with what I think will give me wins at any point when I want to place a bet. My major focus is always on how much I'm willing to risk on any bets because I know that at the end of the day luck can determine the outcome of the game.
copper member
Activity: 3010
Merit: 1284
https://linktr.ee/crwthopia
February 10, 2025, 04:31:28 AM
#14
Well, with the recent Super Bowl, there are unpredictable things that have happened, and it's pretty hard to predict, just like in anything (NBA Trades *wink wink*)

Anyway, it's really all about the results, and underdog stories are unpredictable but great storytellers. With all the favorites, they want to prove something to the world.

Personally, I would stick to my favorites—not necessarily because they are the superstars—but there are factors. These are just literal favorites.
hero member
Activity: 1246
Merit: 818
February 10, 2025, 04:22:25 AM
#13
I don't bet on such bet, this situation is similar to facing Real Madrid in final Champions League, I give an example in soccer because most people understand about this sports. Let's say Liverpool or Barcelona is the opponent, even they're strong, but people still believe Real Madrid is the favorite since they're known in Champions League.

It's obvious that even bookies make mistakes in their selection of their odds like in the games between the Chiefs vs Eagles and we can say that it was the underdog that really prevail. But I believed that there are fans who bet on the underdog here, for many reasons, i.e. they hate Mahomes and the Chiefs,  Grin.
There's no mistakes here, Chiefs is two times become a champion in the last 2 years, people and bookies think Chiefs gonna become a champion again since they have "winning mentality".
hero member
Activity: 826
Merit: 583
February 10, 2025, 04:05:20 AM
#12
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?

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.
hero member
Activity: 2954
Merit: 719
February 10, 2025, 04:00:00 AM
#11

And it tells us that winning in gambling is not because we choose the right team but just luck. That is how gambling works.

That's what most people think, they bet just hoping to get lucky. But gamblers with that mindset rarely win in the long run, because if we really want to succeed, we need to change our mindset. Sports betting isn't about luck but it's about skill and consistency.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
February 10, 2025, 03:56:30 AM
#10
Odds are somewhat tricky, and there is no assurance. Because if all the favorite teams win, nobody will choose to bet on the underdog. But the real situation says that both the underdog and favorite have the chance to win.

It is just the same in other sports. Odds couldn't say who is going to win until the game ends. That is why I don't rely on odds but rather check their performance.

And it tells us that winning in gambling is not because we choose the right team but just luck. That is how gambling works.
legendary
Activity: 3080
Merit: 1353
February 10, 2025, 03:24:18 AM
#9


It's obvious that even bookies make mistakes in their selection of their odds like in the games between the Chiefs vs Eagles and we can say that it was the underdog that really prevail. But I believed that there are fans who bet on the underdog here, for many reasons, i.e. they hate Mahomes and the Chiefs,  Grin.

No I didn't bet on the Eagles though, although I did follow the results and I was happy that the Eagles won this time. Of course, this can be applied in any other sports. That you can look at the underdog and see if they can pull a big upset. But not underdogs though will win, and this is the very definition of gambling we really don't know the result and maybe we have the gut feeling to bet on the underdog and win.

It’s not a bookie mistake rather those odds are based on the popularity of that outcome to come through. Bookie doesn’t guarantee that their odds is the basis of what will be the outcome rather they grade it in consideration with their profit.

Most of the bookie error are those matches that was assigned odds a little bit higher than the regular odds for the match that gives room for value bet and arbitrage bet but a simple odds placement on a favorite team is never an error from bookie side because that what the stats dictates.

It's not the popularity of the outcome, it's base on numbers that this sports bookies released, as they have thousands of data in their hand to process and then they will come up which one is going to be the favorite.

And it just so happen that Eagles has way more heart, play good defense and never alloy the Kansas to have their game right from the beginning. Although I was still thinking that the Chiefs might have to pull another miracle comeback just like what the Brady time with New England. But the Chiefs doesn't have it in them and it's no denying that the Eagles as underdog are going to win the championship.
hero member
Activity: 2786
Merit: 705
Dimon69
February 10, 2025, 03:03:59 AM
#8


It's obvious that even bookies make mistakes in their selection of their odds like in the games between the Chiefs vs Eagles and we can say that it was the underdog that really prevail. But I believed that there are fans who bet on the underdog here, for many reasons, i.e. they hate Mahomes and the Chiefs,  Grin.

No I didn't bet on the Eagles though, although I did follow the results and I was happy that the Eagles won this time. Of course, this can be applied in any other sports. That you can look at the underdog and see if they can pull a big upset. But not underdogs though will win, and this is the very definition of gambling we really don't know the result and maybe we have the gut feeling to bet on the underdog and win.

It’s not a bookie mistake rather those odds are based on the popularity of that outcome to come through. Bookie doesn’t guarantee that their odds is the basis of what will be the outcome rather they grade it in consideration with their profit.

Most of the bookie error are those matches that was assigned odds a little bit higher than the regular odds for the match that gives room for value bet and arbitrage bet but a simple odds placement on a favorite team is never an error from bookie side because that what the stats dictates.
hero member
Activity: 2996
Merit: 808
February 10, 2025, 01:07:10 AM
#7
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?

I didn’t post on this game but I watch superbowl due to the hype. To be fair, Eagles is not weak opponent since their stats is always close to Chief so popularity aside their skills is close to each other.

Sometimes team classified as favorites is influenced by the charisma of the team and forgets the real stats of both team.

This is the reason I didn’t bet on this match since this is a close fight while the odds showing different interpretation.
hero member
Activity: 2842
Merit: 772
February 10, 2025, 01:06:42 AM
#6
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?

It's obvious that even bookies make mistakes in their selection of their odds like in the games between the Chiefs vs Eagles and we can say that it was the underdog that really prevail. But I believed that there are fans who bet on the underdog here, for many reasons, i.e. they hate Mahomes and the Chiefs,  Grin.

No I didn't bet on the Eagles though, although I did follow the results and I was happy that the Eagles won this time. Of course, this can be applied in any other sports. That you can look at the underdog and see if they can pull a big upset. But not underdogs though will win, and this is the very definition of gambling we really don't know the result and maybe we have the gut feeling to bet on the underdog and win.
hero member
Activity: 686
Merit: 987
Give all before death
February 10, 2025, 12:48:35 AM
#5
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?
Sometimes underdogs pulls surprises that would make you want to bet on them consistently. But the case is that these low rated  teams win big games once in a while. I remembered the last World Cup in Qatar when Argentine lost to Saudi Arabia in the group stage. Based on  analysis, most people will bet on the defending Champions because they were the favourites to win the game.

People bet on underdogs because of high odds which could also lead to bigger payout potential. But the possibilities of winning these games are very low. That's why people always prefer to get on favourites.
legendary
Activity: 1372
Merit: 2017
February 09, 2025, 11:40:31 PM
#4
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.
legendary
Activity: 3080
Merit: 1292
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February 09, 2025, 11:18:31 PM
#3
You win some, you lose some, that's how it goes.

I'm not a big fan of NFL, but there's a common saying in sports betting: bet against the public. The public usually goes for the favorites, which often ends up costing them. So if the data shared earlier reflects the true winning rate on ATS this season, betting on favorites all the time might not lead to losses. Of course, no one bets that way since we’re selective with our picks, and sometimes even our best choices lose. It really all comes down to how good we are at choosing the right side.
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