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Topic: Betting small amounts on a lot of matches or big amount on couple of matches? - page 4. (Read 7258 times)

hero member
Activity: 2366
Merit: 594
For sports I bet big amount if it's final or semifinal of the league like NBA, or a big event like pacquiao fight. Otherwise I only bet small amount if I don't know that much the team or person that will play.
If those online gambling sites I often bet small so I can play longer. Profit doesn't matter to me in these type of games.
DrG
legendary
Activity: 2086
Merit: 1035
Small bets on the express in several games can bring profit more... The main thing is not to choose the big odds, but the smallest! And do not specify too many events! Wink

Im pretty sure this strategy would be losing long term....
If you bet low odds all the time because they are more likely to win (yes, they are more likely to win, but can still lose), you will lose also.
The lower the odd, the higher percentage of bets you need to win!
I have seen plenty of favorites lose which looked like a sure thing, therefore its important not to pay too much attention to the odds, but rather at the team/player.

This is what perhaps makes the angriest gambler. Somebody trying to win a 70% odds bet and failing 6 times in a row will scream that they're being cheated. Failing 24 17% chance bets seems plausible for some people because they don't see it as effectively the same odds ratio.

Gambler needs to decide if they're in it for the challenge or just a relaxing time pass.
hero member
Activity: 2576
Merit: 684
God, save BTC!
Small bets on the express in several games can bring profit more...
Really, it's not proven man, I tried it many times but I failed most of the time, limited games is better if we like to be profitable, that would make us focus on the games we are capping or analyzing.

The main thing is not to choose the big odds, but the smallest! And do not specify too many events! Wink
Easier said than done, though small odds, it still does not guarantee a win all the time or even a win most of the time.

Partly I'll agree with you, but I've had more losing bets on one event... Than for example an express of 4 matches with the lowest odds... Here, as always, luck and own match analysis! Cheesy
sr. member
Activity: 574
Merit: 272
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Small bets on the express in several games can bring profit more... The main thing is not to choose the big odds, but the smallest! And do not specify too many events! Wink

Im pretty sure this strategy would be losing long term....
If you bet low odds all the time because they are more likely to win (yes, they are more likely to win, but can still lose), you will lose also.
The lower the odd, the higher percentage of bets you need to win!
I have seen plenty of favorites lose which looked like a sure thing, therefore its important not to pay too much attention to the odds, but rather at the team/player.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
Small bets on the express in several games can bring profit more...
Really, it's not proven man, I tried it many times but I failed most of the time, limited games is better if we like to be profitable, that would make us focus on the games we are capping or analyzing.

The main thing is not to choose the big odds, but the smallest! And do not specify too many events! Wink
Easier said than done, though small odds, it still does not guarantee a win all the time or even a win most of the time.
newbie
Activity: 22
Merit: 1
Good question.... buy many stocks or a few selected ones?

Buy Bitcoin or diversify with other altcoins?
Buy Tesla or diversify with other stocks?

I believe if you "know" what you are doing there is no reason to diversify.  

You could be wrong ofc...
hero member
Activity: 2576
Merit: 684
God, save BTC!
Small bets on the express in several games can bring profit more... The main thing is not to choose the big odds, but the smallest! And do not specify too many events! Wink
hero member
Activity: 3010
Merit: 629
I have been gambling a lot these days with soccer matches but I'm not enough lucky to make a profit. Howeber, I'm not into huge loss. It's very tiny amount if I check all the previous P/L.
I don't bet big amount. Usually, I bet $4/$5 worth of BTC on a lot of matches; sometimes I win and sometimes I loss. But that can't make me any profit.
Should I go for bigger amount of bets on few matches or stay with current strategy (placing many bets of small amounts)?
You cant make profit with your current strategy so why not try other ways, who knows it might work. Though you're not into huge loss however the problem is you cant gain. I think its better to explore because profit is important when making bets. If you're not gaining anything from it then its worthless. I dont suggest to make huge bets in few matches but try to bet on sports that you're certain on who can win based on your experience and knowledge about the game and team.
hero member
Activity: 1302
Merit: 577
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Gambling with a small bet amount at least you should be able to get higher odds and also for many matches, because with you looking for odds that are not low and not too high, then the chances are you will still be able to make a profit, I have done this many times but still, when you get more defeats and / or get winnings from half of the total matches, it won't make us get much of a profit.

The good thing about betting small amount is you still have chance to recover your lost in the next match you bet. Unlike you bet it all in one time it will easily wipeout your balance for simple one mistake you do, you can win huge but you can Also lost a lot . That is why you need to think carefully before you bet try to see  in two choices what will be the best for you to use as strategy.
legendary
Activity: 2478
Merit: 1951
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Dividing the deposit into many small bets increases the distance of the game, which means that it reduces the chance to stay in the black. However, if a person plays for the sake of the process itself, then this is a reasonable decision in order to prolong the pleasure.

There are gamblers who uses this type of betting, they are okay with small profits once luck permits them, in case loses take place they still chance with other bets to win and continue the process, giving them the chance to assess and try to play another game and either breakeven or try to win something that will give them additional pleasures.

In general, I myself belong to such players, I perfectly understand the mathematics of the game and do not hope to win. But I'm interested in trying different strategies, so I play micro stakes. However, after I found a betting simulator, testing strategies became easier (and faster).
legendary
Activity: 3486
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Gambling with a small bet amount at least you should be able to get higher odds and also for many matches, because with you looking for odds that are not low and not too high, then the chances are you will still be able to make a profit, I have done this many times but still, when you get more defeats and / or get winnings from half of the total matches, it won't make us get much of a profit.
legendary
Activity: 2912
Merit: 1068
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Gamblers always try different techniques to find their winning strategy. I don't think there is some proved receipe that will always work and everything depends on your preferences, how much funds you have, on how many different matches your want diversify your bets and many other things. No one can't tell you exactly what to do, you have to find out what suits you the best.
member
Activity: 512
Merit: 44
I have been gambling a lot these days with soccer matches but I'm not enough lucky to make a profit. Howeber, I'm not into huge loss. It's very tiny amount if I check all the previous P/L.
I don't bet big amount. Usually, I bet $4/$5 worth of BTC on a lot of matches; sometimes I win and sometimes I loss. But that can't make me any profit.
Should I go for bigger amount of bets on few matches or stay with current strategy (placing many bets of small amounts)?

It depends upon your gambling strategy. There's nothing you can do to have accurate guess on matches but there will always be a technique. For me, placing bigger amounts of bets is too risky but there's a high chance that your money will be doubled. Just a tip, if ever you will win a match, the amount of money you spent on matches must be kept in your wallet and the remaining money that you gain will now become your fund for other matches. Just for you to have no regrets because that fund is the money you gain from gambling and not from your prevous money.
full member
Activity: 1470
Merit: 148
It's hard to cover a lot of matches and have a good measure of success, only pick team battling that you know very well or you can analyze 2 or three matches is already good then bet a big amount, you can make a lot or make even but covering a lot of matches with small bets will get you nowhere.
The system work differently with individual so this should be handle individually. In my position, i do bet for some few trusted matches which i have good confidence in without having a long bet without a good convincing about the teams. Some-days ago, i won some good bet from my four teams bet which eared me some good profit, so, choose what you can rely upon is far better than making a long list of teams without good knowledge in their potentials.
sr. member
Activity: 2660
Merit: 339
I think the answer is obvious. Thorough the years as a gambler, I have realized that it is more profitable to place higher amount of money on just a few matches than to place small amounts on lot of matches.
Yes because making more bets only means that we are picking too many markets and not feeling confident and I agree because I have seen some successful gamblers and they always pick a single match and go all-in on that and unless they get another confident pick they will just wait out and not make any bets at all. They are really professional and wait for the odds favor which means there are times when the odds favor a particular team but the gambler feels for some reason that there is a good upset potential and they will bet on that.

Betting small on many markets means that we are a regular gambler who is actually betting for fun because we love enjoying the game and not as professional as others.

You can greatly the reduce the risk of losing and increase your chances of winning by just selecting a few matches ( ones you're confident on) and stake a high amount of money of it
Also avoid betting on every match because I have seen people make good wins on some games and start betting on basically everything and any sports that is going on.

hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
Betting on small amounts is a waste of time and probably will make you nervous:
Okey, let's imagine:
FC Barcelona VS Arsenal - 1 win - 1.50x
Real Madrid VS Atletico Madrid - 1 win - 1.95x
Bayern VS Liverpool - 1 win - 1.45x

If you bet on each of them and you succeed, you have to bet, for example $1 on each of them = $3 and you'll win $4.9 = $1.9 pure profit.
But if you beat on all of them together, for example $1, then your total win will be - $4.24 = $3.24 pure profit.

Now, you can also calculate what happens if one or two or three match fails, you lose 1, 2 and 3 USD and won't profit much even if one match fails but if any match fails in second case, you get nothing too. That's why I think it's better to bet couple of matches where you are 100% sure rather than bet small amounts on a lot of matches, you'll lose much this way.

I understand what you mean, yeah that is surely a waste of time if your purpose is to make money in gambling as you'll never maximize your profit betting with small amount of money only, I usually do this when just trying to have fun but if we are ambitious, we need to be realistic that we need to have a decent bankroll in order for us to win a decent amount.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
Betting on small amounts is a waste of time and probably will make you nervous:
Okey, let's imagine:
FC Barcelona VS Arsenal - 1 win - 1.50x
Real Madrid VS Atletico Madrid - 1 win - 1.95x
Bayern VS Liverpool - 1 win - 1.45x

If you bet on each of them and you succeed, you have to bet, for example $1 on each of them = $3 and you'll win $4.9 = $1.9 pure profit.
But if you beat on all of them together, for example $1, then your total win will be - $4.24 = $3.24 pure profit.

Now, you can also calculate what happens if one or two or three match fails, you lose 1, 2 and 3 USD and won't profit much even if one match fails but if any match fails in second case, you get nothing too. That's why I think it's better to bet couple of matches where you are 100% sure rather than bet small amounts on a lot of matches, you'll lose much this way.
hero member
Activity: 1722
Merit: 528
In the past, I usually do the same as you.

Invest in a lot of esports games I know with a low bet and I usually lose a lot since I don't have that much time to analyze and look into their past or previous games. Then I started to do make a portion of that low amount to a few games so I could make more analysis and since I could catch up with their past games. I tend to win more bets there than those bets with a lot of bets in small portion.
legendary
Activity: 1932
Merit: 2354
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If you consider that you have some kind of control on the probability of guessing the result of a match because you are somehow savvy on the topic, then I can't tell, but if you have no control over the outcome, for example, talking about roulette or some 49%-51% probability games, then it is better betting big amounts on a couple of matches. You can dig into the mathematical explanation on this topic in Taleb's "Black Swan" as he answers there this very question.
Ucy
sr. member
Activity: 2674
Merit: 403
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I have been gambling a lot these days with soccer matches but I'm not enough lucky to make a profit. Howeber, I'm not into huge loss. It's very tiny amount if I check all the previous P/L.
I don't bet big amount. Usually, I bet $4/$5 worth of BTC on a lot of matches; sometimes I win and sometimes I loss. But that can't make me any profit.
Should I go for bigger amount of bets on few matches or stay with current strategy (placing many bets of small amounts)?

If you are going for profit I recommend that you go for bigger amount of bets on a few matches pick the matches that you think you know who is playing, if you want to bet for entertainment and just for curiosity sake then betting a small amount in many matches is good this is to tryif it's your lucky or you are good in sport betting.

As long as the bettor can afford to lose the "bigger amount of bets". By "can afford to lose" I mean a bettor has lot more money for his basic needs than he is spending on bets. (Basic needs also include things that are profitable, or things that earn more income for a bettor.)

I think It's better for a bettor to research and learn a game (and be sure to be consistently profitable) before betting with "bigger" amount...That should be by, increasing the bets abit higher as the bettor becomes confident, successful and better in his/her skills.
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