Topic: Betting strategy question - page 12. (Read 6114 times)
Pardon me if I have been too lazy to read through all of the posts...though I am curious to know, has anyone actually tried using AI to bet for them on a gambling platform on the forum? Do any solutions like AI-powered bots exist, where you can tell it some variables and allow it to go ahead and play? I picture talking and training with the AI bot as it plays...with its capability to evolve, a smart trainer paired with AI self control could be a recipe for disaster for the casinos. I'd love to see this made.
sports matches are indeed different from casino gambling, where there may be greater opportunities in sports betting as long as we have proper research before choosing the team we will place bets on. every time doing research on sports betting, it's like closer to our luck to win the game.
but from all the predictions made and from all the research done, don't forget that sports betting always brings unexpected surprises.
It is obviously not completely predictable and the end result will still depend on an individual's luck. One should always keep in mind that the outcome can always go against them even if the odds of losing are just 1% because we have seen that happening in the past. It is just best if a person just realizes that, accepts whatever the outcome is, and moves on with it.but from all the predictions made and from all the research done, don't forget that sports betting always brings unexpected surprises.
The only thing is sports betting that gives a person a little bit of advantage is if they do some research and analysis, that will increase their chances of winning a bet, but even after that, there is no guarantee and as you said, the result can always surprise you.
~snip~
As it has been discussed in this thread ad nauseam - chance of winning is just one of the factors to consider when choosing strategy or simply deciding whether to take a bet or not. I think that's a common mistake people make, focussing solely on probability of winning, which can result in situations like the one described in this topic: Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds!
As it has been discussed in this thread ad nauseam - chance of winning is just one of the factors to consider when choosing strategy or simply deciding whether to take a bet or not. I think that's a common mistake people make, focussing solely on probability of winning, which can result in situations like the one described in this topic: Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds!
The thing is that the math tells you that you're going to lose money in the long term gambling.
You can choose to continue until financial ruin, or you can treat it as entertainment and consider the bets as the price for entertainment, and stop when it's reasonable to stop for entertainment.
Yup, prediction is just a prediction it can be wrong, the best strategy is not to play all the money in one game or series of games. Because, every match will have an uncertain outcome. we know, in sports maybe there is a 70% chance of winning for favorite teams, and 30% is surprise results (lose or draw). That why we should doing strategy to not to go all in. Gamblers need to anticipate any chance whatever it is, that don't match our predictions, so if that happens there is still a chance to bet in another game.
As it has been discussed in this thread ad nauseam - chance of winning is just one of the factors to consider when choosing strategy or simply deciding whether to take a bet or not. I think that's a common mistake people make, focussing solely on probability of winning, which can result in situations like the one described in this topic: Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds!
-snip-
but from all the predictions made and from all the research done, don't forget that sports betting always brings unexpected surprises.
but from all the predictions made and from all the research done, don't forget that sports betting always brings unexpected surprises.
Yup, prediction is just a prediction it can be wrong, the best strategy is not to play all the money in one game or series of games. Because, every match will have an uncertain outcome. we know, in sports maybe there is a 70% chance of winning for favorite teams, and 30% is surprise results (lose or draw). That why we should doing strategy to not to go all in. Gamblers need to anticipate any chance whatever it is, that don't match our predictions, so if that happens there is still a chance to bet in another game.
Strategy doesn't work if you stay in gambling for long time. Most gamblers can't seem to hold their money when they keep losing bets again and again. After that they continue gambling randomly until they make a new deposit. Strategy doesn't determine luck but plays an important role in getting closer to the luck. In this case some strategies may be effective and some may not.
I agree since although we could have the most planned strategy in gambling, I think that it wont last since every event has completely random chances and result. Luck is a random thing that our mind often thinks as something that is innate on us. There might be situation that your strategy leads to win consecutively, but I think this wont last. So probably, you can just continuously adapt but at the end of the day, it is a game of luck and it still rely on its randomness.
Strategy doesn’t affect luck because it’s a complete random and no one can determine or measure luck scientifically. Strategy can make you last longer since you can manager your bank roll properly and staying longer in the game will gave more chance to be exposed on luck but take note that house edge is taking effect more that will put you in advantage.
Hitting a beginners luck and quit immediately to take profit is the best thing to do. Strategy is just a way to have a better exposure on luck but it doesn’t increase your luck to win frequently.
I'm not saying strategy can guarantee luck, but only get closer to luck.Hitting a beginners luck and quit immediately to take profit is the best thing to do. Strategy is just a way to have a better exposure on luck but it doesn’t increase your luck to win frequently.
as you said if the strategy is able to make it last longer to manage your money that can get lucky. Isn't that statement tantamount to bringing luck closer?
it's true that if we last longer we can get a chance to get lucky, but last longer at gambling will make us lose more if we can't control our emotions.
because the longer one is in gambling one will feel bored of not getting anything and change the initial strategy which makes everything worse.
Strategy doesn’t affect luck because it’s a complete random and no one can determine or measure luck scientifically. Strategy can make you last longer since you can manager your bank roll properly and staying longer in the game will gave more chance to be exposed on luck but take note that house edge is taking effect more that will put you in advantage.
Hitting a beginners luck and quit immediately to take profit is the best thing to do. Strategy is just a way to have a better exposure on luck but it doesn’t increase your luck to win frequently.
I'm not saying strategy can guarantee luck, but only get closer to luck.Hitting a beginners luck and quit immediately to take profit is the best thing to do. Strategy is just a way to have a better exposure on luck but it doesn’t increase your luck to win frequently.
as you said if the strategy is able to make it last longer to manage your money that can get lucky. Isn't that statement tantamount to bringing luck closer?
it's true that if we last longer we can get a chance to get lucky, but last longer at gambling will make us lose more if we can't control our emotions.
because the longer one is in gambling one will feel bored of not getting anything and change the initial strategy which makes everything worse.
I think strategy works hand on hand with luck. It is because luck play a huge role in winning, you can't tell when you'll have it. But having a sound strategy makes it easier to target and seize luck opportunities.
Strategy doesn’t affect luck because it’s a complete random and no one can determine or measure luck scientifically. Strategy can make you last longer since you can manager your bank roll properly and staying longer in the game will gave more chance to be exposed on luck but take note that house edge is taking effect more that will put you in advantage.
Hitting a beginners luck and quit immediately to take profit is the best thing to do. Strategy is just a way to have a better exposure on luck but it doesn’t increase your luck to win frequently.
I'm not saying strategy can guarantee luck, but only get closer to luck.Hitting a beginners luck and quit immediately to take profit is the best thing to do. Strategy is just a way to have a better exposure on luck but it doesn’t increase your luck to win frequently.
as you said if the strategy is able to make it last longer to manage your money that can get lucky. Isn't that statement tantamount to bringing luck closer?
it's true that if we last longer we can get a chance to get lucky, but last longer at gambling will make us lose more if we can't control our emotions.
because the longer one is in gambling one will feel bored of not getting anything and change the initial strategy which makes everything worse.
~snip~
I agree since there is no scientific method that would explain how luck works. Personally, I see luck as a mindset that we embedded on ourselves in seeing the outcomes of anything. We set our minds that when it goes on our way, it is due to luck, when it can be seen as completely random event. Yes, as you go on being exposed to the betting activity, I think strategy can be used but at the end it would just rely on the randomness of it. I agree that it wont make you have a higher chance on winning since it is still random.
I agree since there is no scientific method that would explain how luck works. Personally, I see luck as a mindset that we embedded on ourselves in seeing the outcomes of anything. We set our minds that when it goes on our way, it is due to luck, when it can be seen as completely random event. Yes, as you go on being exposed to the betting activity, I think strategy can be used but at the end it would just rely on the randomness of it. I agree that it wont make you have a higher chance on winning since it is still random.
Probabilities are used to get an idea of a random event. But the thing is that the more measurements you take, for longer, the less random it gets.
For example, if you bet for a match before it starts, there's more randomness to be experienced, but if you bet after the first half, then many things are not random anymore, and that's why the odds are updated, etc.
Random exists because there's a lack of measurement. In a roulette for example, if you know in detail many variables of the table, the ball, air temperature, etc, and you create a model, you will have a much better chance of guessing the resulting number than just 1 out of N, where N is the total number of slots. The thing is that we just don't have that information, so it's assumed everything is equal, but it's not. Some tables have bumps in certain areas, making it not a perfect roll, etc. If you can tap into those things you would be able to predict slightly better the outcomes.
Strategy doesn’t affect luck because it’s a complete random and no one can determine or measure luck scientifically. Strategy can make you last longer since you can manager your bank roll properly and staying longer in the game will gave more chance to be exposed on luck but take note that house edge is taking effect more that will put you in advantage.
Hitting a beginners luck and quit immediately to take profit is the best thing to do. Strategy is just a way to have a better exposure on luck but it doesn’t increase your luck to win frequently.
Hitting a beginners luck and quit immediately to take profit is the best thing to do. Strategy is just a way to have a better exposure on luck but it doesn’t increase your luck to win frequently.
I agree since there is no scientific method that would explain how luck works. Personally, I see luck as a mindset that we embedded on ourselves in seeing the outcomes of anything. We set our minds that when it goes on our way, it is due to luck, when it can be seen as completely random event. Yes, as you go on being exposed to the betting activity, I think strategy can be used but at the end it would just rely on the randomness of it. I agree that it wont make you have a higher chance on winning since it is still random.
yes, that's right, if the casino often gets unexpected surprises, such as a minimum bet with a bankroll of not more than $ 100 and wins $ 1000, isn't that due to luck?
as I have said, having any strategy will bring you closer to luck, even if it doesn't just come out of nowhere. sometimes it takes a long time.
Strategy doesn’t affect luck because it’s a complete random and no one can determine or measure luck scientifically. Strategy can make you last longer since you can manager your bank roll properly and staying longer in the game will gave more chance to be exposed on luck but take note that house edge is taking effect more that will put you in advantage.
Hitting a beginners luck and quit immediately to take profit is the best thing to do. Strategy is just a way to have a better exposure on luck but it doesn’t increase your luck to win frequently.
Well, though luck plays a vital role in every part of life, and in gambling, it is an essential point for someone to be able to win, but when it comes to sports betting, I believe it is more based on skills, research and analysis and not solely on luck, though luck can also have a factor in it especially if there are sudden injuries or cancellations and stuff that affect the results.
-snip
yep, that's right, sports matches are indeed different from casino gambling, where there may be greater opportunities in sports betting as long as we have proper research before choosing the team we will place bets on. every time doing research on sports betting, it's like closer to our luck to win the game.-snip
but from all the predictions made and from all the research done, don't forget that sports betting always brings unexpected surprises.
But then again, casino games are also full of surprises as well, as one can easily win a big amount of money when its least expected, but this takes great amount of luck though.
yes, that's right, if the casino often gets unexpected surprises, such as a minimum bet with a bankroll of not more than $ 100 and wins $ 1000, isn't that due to luck?
as I have said, having any strategy will bring you closer to luck, even if it doesn't just come out of nowhere. sometimes it takes a long time.
~
Almost everything in life requires some element of "luck". Even going to regular work, you're relying on some luck (or lack of bad luck) to net get struck by the lightning or not get hit by a bus.
Not only you can apply betting strategies to sports betting, but, as the odds are somewhat judgemental and are not purely based on maths, there's a bigger chance that the strategy will be successful, as compared to the classic casino games.
If you are talking about 100% luck-based games, I totally agree with you. But poker can also be called a classic casino game, and I personally don't think that sports betting is less luck dependent than poker.
Regarding the odds for sports betting being not purely based on maths, that is absolutely correct. But the thing is that no one on earth knows all the variables needed for calculating the exact odds. It is never the case. And like you rightly said, in real life too.
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Well, though luck plays a vital role in every part of life, and in gambling, it is an essential point for someone to be able to win, but when it comes to sports betting, I believe it is more based on skills, research and analysis and not solely on luck, though luck can also have a factor in it especially if there are sudden injuries or cancellations and stuff that affect the results.
-snip
yep, that's right, sports matches are indeed different from casino gambling, where there may be greater opportunities in sports betting as long as we have proper research before choosing the team we will place bets on. every time doing research on sports betting, it's like closer to our luck to win the game.-snip
but from all the predictions made and from all the research done, don't forget that sports betting always brings unexpected surprises.
But then again, casino games are also full of surprises as well, as one can easily win a big amount of money when its least expected, but this takes great amount of luck though.
Well, though luck plays a vital role in every part of life, and in gambling, it is an essential point for someone to be able to win, but when it comes to sports betting, I believe it is more based on skills, research and analysis and not solely on luck, though luck can also have a factor in it especially if there are sudden injuries or cancellations and stuff that affect the results.
-snip
yep, that's right, sports matches are indeed different from casino gambling, where there may be greater opportunities in sports betting as long as we have proper research before choosing the team we will place bets on. every time doing research on sports betting, it's like closer to our luck to win the game.-snip
but from all the predictions made and from all the research done, don't forget that sports betting always brings unexpected surprises.
Sports betting and casino gambling are really two different things. Sports betting mainly relies on your knowledge about the team and their capabilities. The team's record, the players' performance and health status are usually the things to consider when betting on sports. Of course, luck still plays a great role in this scenario as there could be sudden turn of events even at the very last minute of the game. Knowing the crucial and relevant information and at the same time having the odds on your favor will help you win in sportsbetting.
Meanwhile, in a casino gambling, you have to have the knowledge about some particular games, strategies, skills, and luck as well to reach your aim in winning. If you will be an impulsive player in betting and playing casino games, then expect that you are going to lose because of your negligence. Also do note that there are games such as roulette which is a luck-based game. So no matter how knowledgeable you are, it will still depend on rtp of the house and luck you have to win.
Betting has no strategy because the more you think you know the more deceitful the odds become in other for your bookies to fail, gambling to my understanding is pure luck because some people can pick games in sports bet to be precise for the first time and win so all is dependent on individual involved. In this game nobody is sure and final outcome most times can not be ascertained.
I don't quite agree with your statement. Each of us uses a different strategy in both sports betting and casinos. Think about it - even playing without a strategy is a strategy that ultimately leads to winning or losing. In general, a professional bettor who sticks to his strategy, in the long run will be more productive than a bettor who bets, as he thinks, without any strategy.
If the game was a slot game I guess there no need to think about your next move most likely happens just you keep doubting with the slot game you've playing why you didn't win a game, that's the time you change to another game which you think might bring you good luck and profit, but if you are playing with the sports books and other strategy games that the time you will make a check what are the possible winning potential of each team and at the same time is the odds. This requires a good strategy and knowledge if you are willing to take the risk of the odds or choose for the underdogs game to gain profit, sports book goes not give a good profit if you didnt wage a huge amount unless have a huge odds.
Well, though luck plays a vital role in every part of life, and in gambling, it is an essential point for someone to be able to win, but when it comes to sports betting, I believe it is more based on skills, research and analysis and not solely on luck, though luck can also have a factor in it especially if there are sudden injuries or cancellations and stuff that affect the results.
-snip
yep, that's right, sports matches are indeed different from casino gambling, where there may be greater opportunities in sports betting as long as we have proper research before choosing the team we will place bets on. every time doing research on sports betting, it's like closer to our luck to win the game.-snip
but from all the predictions made and from all the research done, don't forget that sports betting always brings unexpected surprises.
The house will always win from the gamblers who lose. The gambler who loses here means that more gamblers lose their money than gamblers who can get big profits. Indeed some gamblers can earn a lot of money from gambling, and many use strategies, but it will also depend on their luck.
If they are lucky, they don't even need to use strategy in placing bets, which happens in some sports betting. But by using a strategy, whatever the name, someone can win the game and take home the money, while many people lose in one or more gambling games, meaning the casino takes home the money.
Well, though luck plays a vital role in every part of life, and in gambling, it is an essential point for someone to be able to win, but when it comes to sports betting, I believe it is more based on skills, research and analysis and not solely on luck, though luck can also have a factor in it especially if there are sudden injuries or cancellations and stuff that affect the results.If they are lucky, they don't even need to use strategy in placing bets, which happens in some sports betting. But by using a strategy, whatever the name, someone can win the game and take home the money, while many people lose in one or more gambling games, meaning the casino takes home the money.
Talking about the house, it is not beatable in the long run, though a wise gambler can take a step back as soon as they win something bigger than what they have lost so far, most gamblers can't do that and they eventually give it all away to the house by the end.
Betting has no strategy because the more you think you know the more deceitful the odds become in other for your bookies to fail, gambling to my understanding is pure luck because some people can pick games in sports bet to be precise for the first time and win so all is dependent on individual involved. In this game nobody is sure and final outcome most times can not be ascertained.
I don't quite agree with your statement. Each of us uses a different strategy in both sports betting and casinos. Think about it - even playing without a strategy is a strategy that ultimately leads to winning or losing. In general, a professional bettor who sticks to his strategy, in the long run will be more productive than a bettor who bets, as he thinks, without any strategy.
There are some gamblers that there strategies are really working for them while others might be struggling to make a small winning to balance the portfolio of loses.
Strategy helps, but the winning outcome is still unpredictable. Gambling is a something that is more reliable with your good control/bankroll management and luck that will bring you the winning opportunities in banking huge amount of profits. Strategy that base out of experienced might influence the possible outcome but with luck, you can get unexpected outcome.
It's your appetite with how you will balance your money and your desire to keep pushing your participation.
Trying to earn more or quitting with some profits will be in your own decision making..
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