Betting small amounts on a lot of matches or big amount on couple of matches? - page 9.

Strongkored

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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)?

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.

AicecreaME

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Quote from: QueenVera on October 01, 2020, 02:11:46 AM

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

Should I go for bigger amount of bets on few matches or stay with current strategy (placing many bets of small amounts)?

Don't rely on others opinion to make decisions that affects you financially. Don't get greedy, continue making your small bets if that's what works for you. If you decide to go big and you're not emotionally ready for what ever outcome it results to, you would get disappointed and probably end up depressed.
Gambling is a game that favors different individuals differently. I bet big although those are bet I reduced the risk by not getting over excited with odds.

Unfortunately, some of them may want to replicate what others do and this is a major risk. Because the risk capacity differs for all, for some losing some money would be fine but for other it would just be a huge thing and so it needs to be based on everyone’s judgment and how much one is ready to take risk if worst come have to lose that money.

Exactly.

Gathering everybody's opinion is a great way to come up with a solution or realization what you really wanted, and the last decision would always be from OP itself. If you're going to rely on anyone's opinion, then that's gonna be boring and you'll feel like a robot because you're doing someone's command on what you should to win a game.

And by asking someone's opinion and relying on it also means that you're gonna be unproductive from everything that you'll do, and the worst thing you could have in the end are regrets.

Serious475

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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.

Pamadar

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Quote from: Ucy on October 01, 2020, 04:40:22 AM

Quote from: Pamadar on September 30, 2020, 05:12:19 AM

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.

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Quote from: QueenVera on October 01, 2020, 02:11:46 AM

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

Should I go for bigger amount of bets on few matches or stay with current strategy (placing many bets of small amounts)?

Don't rely on others opinion to make decisions that affects you financially. Don't get greedy, continue making your small bets if that's what works for you. If you decide to go big and you're not emotionally ready for what ever outcome it results to, you would get disappointed and probably end up depressed.
Gambling is a game that favors different individuals differently. I bet big although those are bet I reduced the risk by not getting over excited with odds.

He is not relying on advises here instead OP is just looking for good answer as strategy and does OP sounds greedy?
No he is not instead he only wants to play and enjoy the game though looking for winning is indeed in every gamblers.
and haven't you read?he is not Lucky in small bets because in the end of each gambling moment is losing for OP.
He wanted to check answers to make own decision .

michellee

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Quote from: Natalim on September 30, 2020, 06:31:05 AM

The profitability I am talking here is long term, not short term as short term does not say consistency, it could be only due to luck.

I don't think that the gambler can get profitability in the long term because the casino will win the money. Maybe the gambler can win in a short time, but it will need to have more strategy or method to win. If the gambler can have luck, maybe they can win on the gambling games. But we know that luck will not stay for a long time, and when the luck is gone, that means we will get another loss.

Quote from: MickLichz on September 30, 2020, 09:19:40 PM

It's better to analyze first the situation and strategize before deciding of which method can be effective like for example if you know that you have a small chance of winning then don't bet a large amount of money just stay in small amount in case you lose the amount will not hurt you too much and for example you are confident to win then bet a large amount and if you win and want to bet more then back to the first method. In short to minimize the loss of profit don't bet a large amount in a row.

Even if you feel confident in winning, it doesn't mean that you can win easily because sometimes, the situation can change, and we will lose our chance to win. Using a small amount will be better because you will not lose a big amount if you lose, but you should accept if you win only a small amount. So be careful to manage your money in gambling. Otherwise, you will not have your money in your pocket in a short time.

peter0425

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Quote from: Maslate on September 30, 2020, 08:32:38 AM

Quote from: ryap12 on September 30, 2020, 07:06:33 AM

For me the best way is do some research and only bet on SURE WINS. ~snip

I'm cutting the rest of your statement. I'll focus on the sure wins thing. No, it's impossible, you can say sure win but in reality you can't achieve that consistently if you are true to yourself.

Seems like he has no knowledge about gambling as he is stating "Sure Win" thing because this is no such.
if there is truly a sure winning then all gamblers will already wins now and no one losses?
Unless you are an expert cheater that can assure a win in each game then it will be another story.

Ucy

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Quote from: Pamadar on September 30, 2020, 05:12:19 AM

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

STT

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Start with a wide scope and a low float, then build as you find where your bets are most effective vs risk. Half the problem is knowing where and when you should bet, too many chase publicity when a less known match might be the better value. Find what works for you quite simply.

QueenVera

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

Should I go for bigger amount of bets on few matches or stay with current strategy (placing many bets of small amounts)?

Don't rely on others opinion to make decisions that affects you financially. Don't get greedy, continue making your small bets if that's what works for you. If you decide to go big and you're not emotionally ready for what ever outcome it results to, you would get disappointed and probably end up depressed.
Gambling is a game that favors different individuals differently. I bet big although those are bet I reduced the risk by not getting over excited with odds.

qwertyup23

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Quote from: chaser15 on September 30, 2020, 06:56:00 PM

Quote from: qwertyup23 on September 30, 2020, 06:21:06 AM

Based from my personal experience, I highly advise that you bet on small amounts but on increasing increments.

For example, if your initial bet is $5, if you lost on the round then your next bet should be at $10. The reason on why I recommend it because it has the potential of recovering your losses given that you win in a round.

What you are telling OP to do is a martingale form of betting.

But you didn't provide enough details on how it should be done at least properly.

Doubling the amount after a losing bet is fine but you have to take note of the odds. Not all the time, you will see a fair odds to make your martingale effective. OP can pick instead to play on parlay or make a decent single bet amount. And at some point, there's a minimum bet. It's not wise for me to do martingale form of betting in sports betting.

Oops thank you for the clarification as I did not read thoroughly OP's message. I do agree with you that the martingale form of betting is not that effective when it comes to sports betting, given that the results are relatively longer to realize compared when you bet this kind of betting in a card games. Although this may be the case, I still recommend this kind of betting outside sports betting due to its odds in the long run.

Again, thanks for the clarification for this.

harizen

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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.

iamsheikhadil

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I think it's best to bet small amounts on many bets with lower odds because sports is many times predictable.

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.

So it's best to play that way instead of placing a big bet on 1.30x where the tables can turn around and you might lose that bet!

MickLichz

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Quote from: Lanatsa on September 30, 2020, 05:54:39 PM

Quote from: iTradeChips on September 30, 2020, 12:36:59 PM

Possibly feasible to bet big on a couple of matches if you have lots of confidence, then you might be able to get more profit. I mean you spread your bets on many matches and of course the more matches you bet on the more chances you can win, but without the big money requirement for a big win then I do not see why you still need to do that approach. Much better to stick to some and few matches but bigger bets. But you must know very well the capabilities of the competitors so that you cannot simply make guesses, and bet based on your calculations see who is more skilled than the other.

Having multiple bets on small amounts isn't a bad idea either yet this one can provide out profitability depending on to those selections of lines that you had made.

Having lots of bets doesn't mean that those are just pure guesses or random handpicks.I can also be either those good picks and might really result into several wins out of those scattered bets
which could always be profitable but as mentioned where op haven't seen this method to be effective.

In this case then you wont have any option but to try the other way around.

It's better to analyze first the situation and strategize before deciding of which method can be effective like for example if you know that you have a small chance of winning then don't bet a large amount of money just stay in small amount in case you lose the amount will not hurt you too much and for example you are confident to win then bet a large amount and if you win and want to bet more then back to the first method. In short to minimize the loss of profit don't bet a large amount in a row.

chaser15

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Quote from: qwertyup23 on September 30, 2020, 06:21:06 AM

Based from my personal experience, I highly advise that you bet on small amounts but on increasing increments.

For example, if your initial bet is $5, if you lost on the round then your next bet should be at $10. The reason on why I recommend it because it has the potential of recovering your losses given that you win in a round.

What you are telling OP to do is a martingale form of betting.

But you didn't provide enough details on how it should be done at least properly.

Doubling the amount after a losing bet is fine but you have to take note of the odds. Not all the time, you will see a fair odds to make your martingale effective. OP can pick instead to play on parlay or make a decent single bet amount. And at some point, there's a minimum bet. It's not wise for me to do martingale form of betting in sports betting.

Lanatsa

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Quote from: iTradeChips on September 30, 2020, 12:36:59 PM

Possibly feasible to bet big on a couple of matches if you have lots of confidence, then you might be able to get more profit. I mean you spread your bets on many matches and of course the more matches you bet on the more chances you can win, but without the big money requirement for a big win then I do not see why you still need to do that approach. Much better to stick to some and few matches but bigger bets. But you must know very well the capabilities of the competitors so that you cannot simply make guesses, and bet based on your calculations see who is more skilled than the other.

Having multiple bets on small amounts isn't a bad idea either yet this one can provide out profitability depending on to those selections of lines that you had made.

Having lots of bets doesn't mean that those are just pure guesses or random handpicks.I can also be either those good picks and might really result into several wins out of those scattered bets
which could always be profitable but as mentioned where op haven't seen this method to be effective.

In this case then you wont have any option but to try the other way around.

Shasha80

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I always use the betting strategy on couple of matches with big amount, compared to betting on a lot of matches with a small amount.
Because it is more effective to generate profits if we only bet on matches that we are sure will win. But indeed the risk of betting using
big amounts is very large, because once you experience a defeat it will result in our capital running out.

iTradeChips

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Possibly feasible to bet big on a couple of matches if you have lots of confidence, then you might be able to get more profit. I mean you spread your bets on many matches and of course the more matches you bet on the more chances you can win, but without the big money requirement for a big win then I do not see why you still need to do that approach. Much better to stick to some and few matches but bigger bets. But you must know very well the capabilities of the competitors so that you cannot simply make guesses, and bet based on your calculations see who is more skilled than the other.

mardaed

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Quote from: ScamViruS on September 30, 2020, 11:25:18 AM

Quote from: Botnake on September 30, 2020, 07:00:04 AM

Quote from: ScamViruS on September 30, 2020, 06:20:36 AM

~~

Experience may help but not really a big factor as I know a lot of people who have a long experience gambling, knows almost everything but they aren't still winning, so what you really need is skills, and with skills you can always be confident staking a high amount even with high risk.

You are right too. But sports betting requires both experience and skills. I have observed that from my own experience, I have been involved in sports betting for many years. As I have seen during this period, experience is more useful.

Because before betting on a team you need to know a lot of information about that team in advance, which new and inexperienced gamblers cannot find out. There are always risks involved in gambling, but your experience and skills can reduce that risk.

Indeed. Skills cannot be maximized without experience and vice versa. Being familiar and knowing information about a team is also an edge in sports betting. And from here, you can now decide whether betting several small amounts or going for big amount on particular matches is the wiser decision. I also agree that odds are sometimes a trap, and odds do not give the same results to everyone.

dimonstration

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Dimon69

Quote from: AicecreaME on September 30, 2020, 08:54:46 AM

Very confusing decision that circles in our minds. Mostly, the situation is that if you bet smaller amounts, you'll win 6 out 10 bets, while if you bet bigger amounts, you'll win 3 out of 10 bets (if you're lucky), that's why you'll get confused which is better. But since the results will always be the same that you'll end up a loser, I'd rather bet smaller amounts to enjoy how long it will last.

Especially if you only have small funds and you just wanted to have fun while hoping you could be lucky to make profits out of it.

This will depend on what is our mood on that day if we have plenty of time and limited budget then dividing it to make several play will be fine, but there is a lower chance to earn big. So whenever it feels like you gonna win or have such momentum in winning then trying out to put bigger amount can be a good decision or the latter will happen still depend on our luck and strategy of what we play

Topic: Betting small amounts on a lot of matches or big amount on couple of matches? - page 9. (Read 7235 times)