Topic: Betting on favorites or upsets? - page 2. (Read 1081 times)

I get your point. There are myriad reasons why people gamble, be it for fun, as a means to make a living, or due to addiction. Anyway, we need money for it. I salute those who gamble out of informed choice and skill but not those who just do so because they were swayed without understanding the risks.

Betting on a team does demand some level of strategy and skill, rather than luck alone. If you place your bets in a strategic and skilled manner, you might just find yourself winning more often. But then again, there is also the risk of losing; make no mistake about that.

It’s very important to wager smartly and only with money you can afford losing. If you are happy with how you have been betting and are enjoying it, great! Keep betting responsibly, enjoying the game, and ensuring your financial and emotional well-being.

Some people are addicted to betting, some people are betting as a profession and there is a class of people who are betting just for fun. Be it as a profession or bet for fun but we need money to complete this task. I appreciate the activities of those who bet with understanding but I do not support the activities of those who bet without understanding themselves only motivated to bet by others. Because in following others we don't try to be experienced like others but only guess and bet in favor of one team but it is a big mistake for us. 

While other gambling games are based on luck, betting on a team is definitely not based on luck as it requires a lot of strategy and a lot of skill.
I bet so far and apply my skills. Since I have to apply skill, most of the bets go in my favor, maybe some of my predictions are wrong and those wrong predictions go against me. However, I am satisfied with the current state of betting and will keep this betting in my favorites list

That is 100% true. Picking the right team as you bet for a sport or even esports isn't that easy at all. Even if I do my research before a match happens, I still end up 50-50 or even having more losses than wins. What matters here is if you're able to enjoy the game because if you're betting for a match, you should also watch it to have some fun. But if not, it's not an obligation at all after you place a bet.

Although there are bettors that are happy to do some YOLO bets but I don't encourage that. I do that but with an amount of money that I can gamble and afford to lose. But if someone is new to this, they need to spend their time knowing the games, teams and even themselves to build their own betting strategy because it takes time for them to be emotionally aware that gambling is like this and many times it will make you emotional.

It’s not always resulted to lose of money when you gamble because you are disregarding the winning chance factor on every game and assuming 100% lose on all casino games.

It’s just losing has higher chance to occur because of the house edge but that doesn’t mean no one will win in gambling or else only few will gamble by now due to losing percentage.

The point is, gambling can give you chance to have a profit and lose that’s why it’s important to enjoy playing so that you will be happy regardless of the result in general.

That is a good advice and that is right because if they focus on their analysis, they will know many things about each teams. They can knows which team that have more chances to wins against the other team. It is better if they analyzes on the match that they really knows the team so they will not gets any problem in analyzing.

Picking the right team is not easy because they must have much information and knowledge in the match and the team. Besides that, they must have skills to collects and compare the data to finds the potential team that can win. It is not easy as that will needs experience to analyze the match.

You need to be wise with your decision. If you don't have clues about the matches, you don't have to places your bet. You can wait for the next match that you know.

Don't really focus with the favorites or underdogs, instead focus on your analysis.

If there's a match that I'm interested to bet, I will try to analysis which one that will win, then I will check the odds, if the reward and risk aren't worth to bet, then I will avoid to bet.

If you focus with the odds over your analysis, it will increase your greediness since you're looking to win streak (bet on favorites) or make a lot money with single shot (bet on underdogs).

By the phrase which you used above "Should be", it seems that it's compulsory gambling should always for be entertainment and not both for profit too, because let's not forget that gambling is just like a two edge sword, of which it's left for the gambler to decide which reason why he or she wants ro gamble on, as its totally okay for a person to gambler for money, likewise its also okay for he to gamble for fun too.

Either you gamble for profit or for fun, both ways the gambler must definitely lose money. For the fun, the more you're enjoying the game, the more you might be tempted to put in more money just to make sure that the fun continues.
 
The same thing is applicable with gambling for profit; the desire to win and multiply will make the gambler spend more, which ever be the case. What's needed to reduce the amount that can be lost is self-control.

The low or high risk of a match between two teams must be considered wisely if you really want to win. It's okay to win small amounts if it's often compared to one big win but losing frequently to a non-favorite team, so just consider the options wisely. If it were me, of course my favorite team would be an option I would often consider.

But however, I agree that gambling should be entertainment rather than a place to make a profit. You buy pleasure in gambling regardless of whether you lose or win. But if you aim to earn money, then you will regret it when you lose.

Numbers do not lie. You have to be wise, utilise reason rather than your heart. Choosing a squad based on performance, not only because you enjoy 'em? That is how winners view things. You have to balance the possibilities, much as in a deal.

One gamble is what gambling is: The worst might catch you by surprise; even the best team can choke. That is the excitement, then? Still, it is also the risk.

I enjoy winning. everyone does. You have to be clever about it though. Try not to gamble the farm. Have a great time and appreciate the game. Great if you win! Well, then thats life if you dont. It is about the voyage rather than only the end point.

Remember, its entertainment, not a retirement plan. Keep disciplined; recognise your boundaries; most importantly, have fun.

Of course the goal is to make some money but sometimes if you set your sights on something too specific you can forget why you came in the first place. First of all betting is also for fun and for the rush. It's not just profit. If you come in chasing profits it's very much likely that you will eventually reach your point of meeting your risk of ruin and your balance becoming 0.

So in response to many people here saying we're to bet just on upsets, I think they if someone has calculated the amount he can risk in gambling without worrying about his quality of life... The. Let them bet on whatever they want just to have the most fun possible. Having a good time these days can be priceless so it's good either way.

For me, to be honest, in an activity that involves money and risk, I will do it with full consideration, in the sense that when I know that one team is statistically stronger than the opposing team, then of course I will prefer that team, even if for example it is not my favorite team. , because as I said, this is an activity that involves money and risk, which means it is better for us to be wise and make decisions that can be more profitable.

Moreover, even if for example it turns out that your favorite team loses in the sense that you lose money then of course they won't care about you and the money you lost as a result of choosing them. What this means is that if I bet then honestly I will prefer a team that is predicted to be statistically stronger regardless of whether it is not my favorite team, but if for example I want to support my favorite team and it turns out they are statistically weaker than the opposing team then I don't would bet at all.

My question is that how is it going to be a prediction with having an upset? I think it's very unlikely to predict it correctly. At least you know that you are going to know what the gameplay can be in terms of the teams that you know and love. I think having research on it would help you decide whether or not you will get the team based on your favorites or just the opposite.

This questions answer depends on the favourite and the upset. Sometimes you see the favourite and you think they are not "that" favourite, and you want to bet on the unfavoured to win, because you think that the odds do not show the true potential of that team and they could still win it. Whereas sometimes you think there is no chance that favourites will lose the game, it is going to be totally different.

This is why I think it is going to be quite simple that we are going to end up with a result that will be easy to handle, we should probably consider how it is going to be easy for us to decide based on the teams.

So, you can't make a choice right here and right now and say that you prefer one or the other, it is not a general thing, it is not like some concept, you decide per game basis. This is basically true for everything in the crypto world, sometimes people bet on bull, sometimes bear, you don't say you trade based on anything but what you see that moment, similar.

I've actively tried to bet more on the underdog /upsets..but I find myself in a difficult spot each and every NFL season in this regard.  I do pretty well with betting each year on NFL games, and tend to place 4-8 bets a week.  Most of the bets are simply choosing the winner in conjunction with the spread.  I would say 75% of my bets end up being on the favorite, to cover the spread.  I wonder if others find themselves in this position when betting their favorite sport.

The fact that see a team as the huge favorite doesn't mean that team has a better chance to win, that means the people will bet more on them to win, and if you see it that way is a smart time to bet in the underdog, that's the right way to earn a decent profit on sport bets. It happens a lot in the UFC, and other sports like Basketball are good to follow this practice. I remember two seasons ago in Basketball when i used to bet only in underdogs and i ended with a decent profit in the long run. This doesn't work all the time but when it does feels great.

Lol...your response baffled me, did you read my post at all? Your reply shows you were just responding to "gambling" as a dangerous context, but that is not the picture of the matter. In case you don't know, the contention was that, for instance, a gambler wants to bet on sports and was given 2 options (A and B), and after his analysis, he discovered that A is the right option. But for the fear that gambling is dangerous and people mostly lose with their preferred options, he now decided to choose the opposite option which is B. That awkward style is what I termed dangerous and not gambling itself.

Players who bet to expect profit from winning are unacceptable as a reason for gambling. Gambling is basically to test the level of analytical ability and test the level of luck.
No matter how great the research is, in gambling you can lose which results in losses and losses. So it's no wonder that gamblers who understand gambling have other, more accurate reasons why they gamble other than the reason for profit.

Spending up money would really be that according into someones preference and their own approach on things specially on betting or simply playing on casinos. Having fun would come into different forms and it would really be needing that kind of approach on which spending up money would really be the main thing for you to deal up with things. Going back about into the question on which or where you would really be placing up your bets? Its true that not all the time you would really be having that kind of good winning rate on betting simply with favorites. We do know that when it comes into this aspect then it wont really be giving out that assurance that winning rate is higher. Come in mind that there would really be those matches that underdogs do win and we do know that there are bettors who are really that a fan of betting on those and making up some upset, we do know the odds or winning potential is high then one of the reasons that makes it interesting on betting with those least favorite.

The key on here is that you shouldnt really be that sticking into this kind of idea. Its always better that analysis should really be applied on making up some bets and not really that trying out to make
something out of nowhere. You should be at least having that valid consideration on why you have chose that and not really just that relying with pure intuition or instinct. lol

I do not agree with the fact you said it is always dangerous because gambling can be very fun when you're winning and depressing when losing. When you use the word dangerous it sounds like something that could take someone's life instantly but no. It is a two-sided thing, you lose, or you win. A lot of things are like that too, which include investing, trading to mention a few. The best way is to not take gambling as a full-time job or something we do to earn a living if not that is when it will be truly frustrating to be a gambler. Imagine begging for money to gamble or taking loans to gamble. That is what it does to people who see through success in gambling excluding any other way.