Betting small amounts on a lot of matches or big amount on couple of matches? - page 8.

wxa7115

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Quote from: RapTarX on September 27, 2020, 01:09:43 PM

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)?

Since it does not seem that you have a winning strategy yet then I can say to you it makes no difference over the long term, it is just that with the way you are betting now your variance is going to be smaller than if you make big bets on a low number of matches.

However if you are looking for a way to make profits and you eventually find it then it is better to bet on many matches than in a few, why is that? Once again it is because of variance, if you bet everything in just a few games there is always the possibility of something happening in those games and you could lose your money because of it despite taking the right decisions, but if you bet a small amount on many games even if there are a few of those games on your bets the amount of money you will lose is small and you have a chance to recover your money with the rest of the games in which you made a bet.

pokeronlinestatus

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Quote from: mirakal on October 02, 2020, 04:25:03 AM

Quote from: Ucy on October 02, 2020, 03:57:16 AM

Ofcourse, as long as you are profitable bettor . The important thing is to lessen risk as much as possible by learning/understanding how to bet on games/competitions... and testing or betting with amount you can afford to lose to be certain before betting with huge amounts

You call yourself profitable, you don't minimize the risk, you maximize your income, that's the best way to do. Not everyone can be profitable, there are some but we call them professionals or those who are making a living in gambling which most of us wish but we fail to achieve it.

That's very true and someone who is able to sustain profits in sports betting should be given a noble prize in my opinion because the house edge is so high that I sometimes win 6 bets out of 10 and still remain in loss because the edge is so high that you win 6 bets and loose 4 while still remain in loss or maybe just neutral in terms of profit-loss.

I believe whether we bet small bets or we make a big one it doesn't change the fact that the chances for winning remain the same but yes we at least get to bet more when the amount is small because if you go big in a single bet you might not be able to bet in coming days or weeks. unless it is a heavy favorite like a match between Djokovic and Berankis, I would never go big on any player usually.

FontSeli

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Quote from: RapTarX on September 27, 2020, 01:09:43 PM

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 all depends on how accurate your predictions for the matches are. If you manage to predict one or two matches successfully enough, it is better to bet the entire amount on several matches. This will increase your chance of winning a good amount of money.

carlisle1

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Quote from: bobyhodob on October 02, 2020, 03:18:55 AM

Quote from: Astvile on October 02, 2020, 02:22:23 AM

It is not about how many games you bet in. I once did the ironman challenge in betting. Starting with $1 and ended up in $150 in like 2 weeks. It is not about how many match it is how many wins you have, bet big if you are confident on the match up and bet small in high odds where there is still a good chance for the unfavored team.

I think the experience you have is extraordinary because with a capital of $1 you can get a lot of profit more than $100 in my opinion rarely people can be like that because most of them can't be patient and can't control their emotions to keep playing with small capital but can always win than big capital but lose instantly.

If you are lucky then roll that 1$ lets see how much you'll end.
i have a friend that plays gambling in a local place with local roulette ,He started with 20 cents then continue rounding the bet.
after 15 consecutive rolls of winning?the bank get bankrupt and stops operating for a certain time to ask for the owner another capital.

wiss19

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Quote from: ChiBitCTy on September 27, 2020, 01:19:15 PM

I run in to this same question for NFL often. I have kind of gone through both "phases" throughout my gambling "career". Personally I tend to perform better when I bet larger amounts on fewer games ( what I'm most confident in ) rather than try and spread out my "risk" on more games. Just how it works out for me personally though.

Same for me but I usually bet on NBA games as I do not understand how NFL works Cheesy

.

I often think that betting high on points is way better than betting small during in-play because when the game is in-play you tend to get carried away when a player is performing good. For example I often want to bet on under market but when I see high scoring start in the 1st quarter I end up betting on over x.5 and loose. So it is actually best to pick a strong market and bet on that rather than betting small amounts on various markets during the match is going live.

I also believe that rather than making many bets pre-live like some guys take team + points + player markets .. I always prefer to go for a single market of these all and just go all-in on that.

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Quote from: peter0425 on September 29, 2020, 12:53:42 AM

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Quote from: RapTarX on September 27, 2020, 01:09:43 PM

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)?

Personally I always prefer to play big amount on SINGLE event. Never mix different matches, since the possibility for an error could increase drastically. Anyway playing "bigger amount" it's very risky if you're not experienced as tipster.
It's very easy going all in and waste a lot of money just with one match!

that must be a single game only,unless you won that game then will choose another one?betting High is indeed for me if i have no much time for gambling,i do it in past if i am confident in my team to beat their opponent ,but if not?i choose betting smaller amount to have many games to enjoy watching and cheering.

If not? this a chance that you should definitely exclude from a bet. I mean in a "big amount bet" you play only if you are sure of the final result and I think it's not a bet that you can place every day. Most of the times the odds are not very high (under @<2), but with an high stake you get a good winning the same. In this case you're downsizing the risk, playing an event with a low odds, where you are very very confident after some analysis or historical result for a team.

Strongkored

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Quote from: michellee on October 02, 2020, 01:12:29 AM

Quote from: Strongkored on October 01, 2020, 11:34:44 PM

Maybe you can see the results of your previous bets, on which bets (meaning which club) have given you the most wins, you can prioritize bets at that club.
I also bet with a small amount even smaller than your bet, about $1-2, the small bet is not a problem in my opinion, you only need to learn every bets you make and because your bet on soccer, news about the club you will choose can be a consideration to place a bet.

You can do that, but you need to remember that we cannot place the bets on the team that have the most wins because we need to think about how if the situations change. But we can use little money to bet to the team with the most win, as long as we are not greedy to chase the winning. Don't forget to search for the other information to help you more analysis to select the right team.

As long as the end result is a profit even the other bet loses I think is fine.
And there is always a factor of luck in gambling, even in sports betting, for example Man City vs Leicester last week who thought that Man City would lose.

Oasisman

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Quote from: RapTarX on September 27, 2020, 01:09:43 PM

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)?

Well, I hate lossing big time as well so I'm betting with small amount similar to your betting range as well, but what I do is betting in parlay whenever I'm feeling really lucky, thus that's how I get good profit with small betting capital.
It's just crazy to think that we want to win huge amount while betting with small amount of capital lol.

panganib999

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It depends into which betting engagement I would wish to get with. If my analysis on the game would be a favorable part for me, then I would go to betting on big amounts into a couple of game but that is when I am only confident into the betting engagement I would be. But on the other hand, if I am not that sure and I just wanted to give it a try betting to test my luck or probability to win, I would play on small bets with lots of matches just to seek first analyzation if the game before I could assess if I would raise my bet to win greater prices. So as for me, at times I could be a small bettor playing lots of matches and I could also be a big amount bettor playing couple of games which literally depends into which game engagement I would run to.

Blackpussy

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Soccer gambling is just something else is not about how low or how high you stake the funniest part is when staking with a low budget getting 50 odds won't be a problem you can get it with less than 12 games but when you decide to stake with high budget getting as low as 1.50 odd looks like climbing the mountains at some point doubts began to play in and at end of the day you picked the wrong games and removed the good ones. Gambling is a mystery I'm starting a 1.50 odd daily challenge soon

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Quote from: Ucy on October 02, 2020, 03:57:16 AM

Ofcourse, as long as you are profitable bettor . The important thing is to lessen risk as much as possible by learning/understanding how to bet on games/competitions... and testing or betting with amount you can afford to lose to be certain before betting with huge amounts

You call yourself profitable, you don't minimize the risk, you maximize your income, that's the best way to do. Not everyone can be profitable, there are some but we call them professionals or those who are making a living in gambling which most of us wish but we fail to achieve it.

Ucy

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Quote from: cryptomaniac_xxx on September 30, 2020, 04:37:39 AM

So just parlay 3 matches bet big and then wait for the outcome.

With luck beside you that will turned to a huge earnings.

I would say if someone bets big (amount he/she can't afford to lose), on luck or without the required required skills/experience, it would be a gamble, considering that he/she may or may not be profitable betting this way for profits in the long run. In my opinion, it's better for such bettor to properly learn how to bet right and be sure of being profitable before committing big amount. If you earn $300 monthly as salary and use $50 weekly for bets like that, purely on luck, it would be considered gambling because you are risking alot and not sure about profitability

No Question about your opinion, and for sure
it's beneficial as you are risking huge amount of money.

You are right! planning ahead and make sure to have a proper handling of your bankroll, from that point you are learning and with good experiences you'll be able to judge every single bets that you'll going to take. Good thing that it's keeps adding chances and lessen the risk as time goes along the way.

Ofcourse, as long as you are profitable bettor . The important thing is to lessen risk as much as possible by learning/understanding how to bet on games/competitions... and testing or betting with amount you can afford to lose to be certain before betting with huge amounts

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Quote from: harizen on October 01, 2020, 01:54:12 AM

Quote from: iamsheikhadil on October 01, 2020, 12:38:24 AM

So, in a game where you place 30 bets on 1.01x odds, you will easily win 1.30x because at 1.01x you are very very less likely to lose.

Easy and simple to say but is that actually what will happen? That's not a good mindset.

Can't believe someone will risk an amount for 1.01 win in return. A $10 bet for $0.1 return lol. It's way more risky compare betting at much higher odds. I mean, they are just throwing away their money here and not worth it in the long-run.

We should make our bet worth it. Even at low odds, there is chances that you will lose especially at 30x consecutive bets.

Yes exactly what i thought about this strategy. Even if you win many games in a row, a single loss will make your bankroll in total loss. If you win 100 times consecutively in the above example only than you will be able to make 20$ by risking 10$. This won't work and you will lose in between 100 consecutive bets.

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Quote from: Astvile on October 02, 2020, 02:22:23 AM

It is not about how many games you bet in. I once did the ironman challenge in betting. Starting with $1 and ended up in $150 in like 2 weeks. It is not about how many match it is how many wins you have, bet big if you are confident on the match up and bet small in high odds where there is still a good chance for the unfavored team.

I think the experience you have is extraordinary because with a capital of $1 you can get a lot of profit more than $100 in my opinion rarely people can be like that because most of them can't be patient and can't control their emotions to keep playing with small capital but can always win than big capital but lose instantly.

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Or just place a bet in one single match where you have a good confidence about the team? Placing a lot of small bets across different games (unless you are quite confident that they will win. But if that is the case, why would you bother placing small bets?) might just end up giving you a very little profit.
Based on your post, i guess you just randomly place bets? Or else, I see no reason for you to keep on losing every bet.

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Quote from: Serious475 on October 01, 2020, 10:44:47 AM

I am also asking that question to myself whenever I gamble, it is the hardest decision for us whenever we gamble and it will also decide if we will win or lose a lot of money, the gamble is really hard to predict, and there is no way for us to know if we are gonna win the game or not. It will be also hard for us because we don't know if we should bet a lot of money or not. It makes us lose in gambling especially if we bet all of our money because of taking a risk and thinking that we could win that time but in the end, we lose the game and we end up leaving the casino without money at all.

Actually we can do both depend on situation mate.

Example : you wanted to play now but your favorite team is not playing,then better to bet small amount in multiple Matches.

But if the day comes that you are Solid with the team you knew for long and the opponent they will be facing?then this
is the time to Go All in.

There are many games to bet so better choose what you think the familiarity is on your side so the chance of winning is also High.

Kong Hey Pakboy

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From my point of view, I prefer betting a big amount on a couple of matches, instead of betting small amounts on a lot of matches because you will lose all of it anyway, and it is the best way to try out your luck on that time you will play. So if you have that luck and you already have won by betting a vast amount of money, there is a chance you could stay overnight or play a lot of matches and experience better earnings.

pawanjain

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Quote from: RapTarX on September 27, 2020, 01:09:43 PM

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)?

I run into the same problem quite often but what I do is that I usually place smaller bets and sometimes win and sometimes lose.
But when I am consequently losing on the small bets then I raise my bet to a decent amount I can afford and place consequent higher bets.
When I win I recover all the lost amount in most cases since the placed bet is high resulting in a higher win.
But you know how our luck goes worst some time and this eats up all our capital.
So it's often better to have a higher capital and when you win the higher bet then take a break and come back another time.

Astvile

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It is not about how many games you bet in. I once did the ironman challenge in betting. Starting with $1 and ended up in $150 in like 2 weeks. It is not about how many match it is how many wins you have, bet big if you are confident on the match up and bet small in high odds where there is still a good chance for the unfavored team.

michellee

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Quote from: Strongkored on October 01, 2020, 11:34:44 PM

Quote from: RapTarX on September 27, 2020, 01:09:43 PM

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)?

Maybe you can see the results of your previous bets, on which bets (meaning which club) have given you the most wins, you can prioritize bets at that club.
I also bet with a small amount even smaller than your bet, about $1-2, the small bet is not a problem in my opinion, you only need to learn every bets you make and because your bet on soccer, news about the club you will choose can be a consideration to place a bet.

You can do that, but you need to remember that we cannot place the bets on the team that have the most wins because we need to think about how if the situations change. But we can use little money to bet to the team with the most win, as long as we are not greedy to chase the winning. Don't forget to search for the other information to help you more analysis to select the right team.

Topic: Betting small amounts on a lot of matches or big amount on couple of matches? - page 8. (Read 7235 times)