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Topic: Confusion About Insider Gambling - page 2. (Read 463 times)

legendary
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January 31, 2024, 09:09:33 AM
#37
I think it just means the information that cannot be discussed on television. Or, health issues that are not really that bad but could affect the game.
Let's say one player decided he will still play even though he has diarrhea, something like that.
They could use that to bet against the player props of the player. Let's say he is averaging 20 points per game but he might not achieve it that night because he ain't feeling good. These are the things that we don't see on paper or, they will inform the media about it before the game starts which is too late for a gambler to take back his money.
Like before, I bet a 50 PRA for Nikola Jokic in NBA basketball which odds are 1.87 if I remember it right. The game has not even started and I am already in profit. I can cash out my money while the first tip-in ain't happening yet.
The bookies suddenly increase the average PRA of the said player and 50 PRA becomes 1.65 odds only. There are perks for betting early but most of the time it is not suggested to do that unless you are sure about the line-up, because there are times a late announcement will be made and it will ruin your bet especially if you are making a parlay.
I think that is the meaning of insider gambling because they are the first to know what is happening inside the sport than the bookies. They will relay it but it's too late for the gambler who already made their picks.
legendary
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January 31, 2024, 08:32:08 AM
#36
Confusion About Insider Gambling
I don't believe in people keeping things a secret, if the goal is only to make a profit in soccer betting, I believe that soccer is more real, it can be seen in several competing leagues.

Talking about officials, insiders or themselves, of course they bet and if we talk about information, teams, injuries and so on of course it is generally known, there is no secret, Football betting is the same as what happens to teams, efforts, hard work and luck, as well as those who place bets.

I consider soccer gambling to be different from slot gambling where the operator can control wins and losses, soccer is a real result from the field.
sr. member
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January 31, 2024, 08:14:43 AM
#35
Also from the same article,

"Football players and officials are prohibited from gambling on any aspect of football matches or competitions, according to the Football Association's (FA) rules."

If they are prohibited then it's more likely that they only bet among themselves in secret. The are not going to use regulated fiat bookies because of KYC verification.
Yes. This has helped me get it.

If I may, in insider gambling the coaches, referee, football players agrees within themselves for the game to have a predetermined out. The so-called non-regulated bookies may not even be online or even have a physical office. And yes KYC verification will not be used because they are off books. Did I get this understanding of it correctly? It looks as if it is similar to match-fixing.
hero member
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January 31, 2024, 08:12:28 AM
#34
Like you, at first I also didn't quite understand what you were asking, but after I read some of the comments in your post and I tried to look for further information, my thinking opened up a little about what you were asking.

However, when talking about soccer betting, the practice of soccer betting often involves the role of insiders in being able to manipulate match results or gain unfair advantages, or in other words, by using cheating. and this is better known as match fixing or match fixing. which is an illegal act and violates ethics in sports. And not infrequently some forms of match outcome fixing, this can involve players, coaches, referees or managers and match officials, where they work together to manipulate match results for financial gain. And of course, dirty practices like this, apart from being detrimental to the people who bet on them, can also harm the integrity of the football community and can give rise to public distrust of competitions which are supposed to be conducted fairly and in a sporting manner.

The soccer betting was made on the perspective of the player involved in the game.But the fact is many players game will change on the particular day because of their health issue.So the gamblers who have experienced in the soccer can use the soccer as betting or else the better option will be the casino in the gambling site.The gamblers who able to make the correct betting can make the huge money as returns from the gambling.The gamblers should build their own gambling structures of betting,it will help the gamblers to make huge profits.The gamblers who want to make money should ready to make money from the betting by their structure of betting.
hero member
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January 31, 2024, 07:02:44 AM
#33
Could someone please clarify the concept of insider gambling for me? I came across this term on this website, and it's a bit confusing. According to the information I found

Quote
In football, insider trading could involve a player, coach, or other official using confidential information, such as team news, injuries, or other details about the match, to place bets on the outcome of the game. This could potentially give them an unfair advantage and compromise the integrity of the game.

Aren't team news, injuries, and other match details usually openly available on the internet and through sports bookies for gamblers to use when placing bets?. Also, do these officials typically place their bets through sports bookies or among themselves?
The truth is that you shouldn't have bothered yourself about this, it is certainly not possible and there is nothing like insider betting involving the team. Fine, players, officials and anyone can place a bet but it must not be known as it is illegal for them to bet. Be it players, their agents, the staff, coach, assistant coach, directors and many more that are directly involved with the team we are talking about are not allowed by the FIFA law to play. So, the way they use the team news, injuries, confidential information and others in this regard can only happen in the dreams of those who are propagating it.

Except if they play through their family and friends or other proxies that will not directly be linked to them. Even at that, there is nothing like insider gambling with some hidden and peculiar facts. In games, all news is open, be it injuries, plays, lectures, sanctions, speculations, feats, players and many more are all public information that anyone can use at their own discretion to come up with a conclusion on what the possible outcome of a game can be.
hero member
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January 31, 2024, 05:55:04 AM
#32
~
Well, injuries and the like are usually publicized since in the first place they can't play with injuries so I don't think it's part of the "confidential" information. On the other hand, there can be other discrete information that they're not allowed to share to outsiders. It can vary from trading regimes, strategy discussions, and stuff like that. Basically, any information that can give an unfair advantage of sorts or give an edge towards who knows said information, whether it be the opposite team or someone who's betting for that same match.

An example, and probably a pretty stupid one tbf but an example nonetheless, is if a team decides to do strategy X, which they are 100% confident in winning in round Y. Now bettor can create a bet that they'd score for that specific round and easily win, stuff like that. As for officials, no, afaik they're not even allowed to bet.
sr. member
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January 31, 2024, 05:02:47 AM
#31
If that is what insider gambling is, it is not illegal. But I am referring to well known leagues and tournaments and not the small ones that can easily be manipulated. Manipulation in some small leagues will be more than what is called insider gambling.

If you want to bet on sport, bet some minutes to the matches and not some days or weeks before. Make sure you know the players that the couches want to use.

Makes sense. Betting on sports is cool but using secret info to get an edge like insider gambling is shady. It's not illegal but most sports leagues frown upon it.

As long as that's not illegal that's good to go. I mean, we gamble to win, so we'll do everything to win and that includes getting an information that would give us an advantage to win. They say it's hard to win in gambling, but if you can benefit from that kind of factor, then I guess gambling would be easy for you and money will be coming consistently.


Quote
If you're into betting, maybe stick to last-minute bets and play it fair with public info
This isn't too important, unless it guarantees you a win or even increase your chances of winning. Line movement is still possible, it's either you get or lose an opportunity you are looking for since you are looking for some value.
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January 31, 2024, 04:41:46 AM
#30
If that is what insider gambling is, it is not illegal. But I am referring to well known leagues and tournaments and not the small ones that can easily be manipulated. Manipulation in some small leagues will be more than what is called insider gambling.

If you want to bet on sport, bet some minutes to the matches and not some days or weeks before. Make sure you know the players that the couches want to use.

Makes sense. Betting on sports is cool but using secret info to get an edge like insider gambling is shady. It's not illegal but most sports leagues frown upon it. If you're into betting, maybe stick to last-minute bets and play it fair with public info
hero member
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January 31, 2024, 02:11:05 AM
#29
Quote
In football, insider trading could involve a player, coach, or other official using confidential information, such as team news, injuries, or other details about the match, to place bets on the outcome of the game. This could potentially give them an unfair advantage and compromise the integrity of the game.

Aren't team news, injuries, and other match details usually openly available on the internet and through sports bookies for gamblers to use when placing bets?. Also, do these officials typically place their bets through sports bookies or among themselves?


Did you ever heard about in-match-fixing there is some cases in my country that I don't want to proud of but here is the thing and the document CORRUPTION IN MATCH-FIXING WITHIN SPORTS: THE NEED TO REGULATE FUTURE LEGISLATION - https://scholarhub.ui.ac.id/cgi/viewcontent.cgi?article=1023&context=ilrev

So basically it's possible to bribe A team and B team to make the goal or penalty or everything but this might cost a lot. and "Betting with inside information gives the knowledge holder an unfair advantage because they made a betting decision based on additional information that was not available to the general public." - https://www.armstronglegal.com.au/criminal-law/nsw/offences/summary/bet-with-inside-information/

So its like win win situation for insider and the broker

Match fixing maybe rampant but only the fall guy that are caught, or those small leagues are doing it but there has been a little impact on the global bets. But if you like to hear about fixed games stories, you can watch the interview of a controvertial refs in the NBA that was sentence and now has shared his story.

Here's Tim Donaghy for you all.

Tim Donaghy on Fixing NBA Games, Reffing Malice At The Palace & NBAs Best Trash Talker
copper member
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January 31, 2024, 02:06:15 AM
#28
If it's just to find out whether a player is injured or not, you don't need an insider because there's a lot of news in newspapers or online portals. and that doesn't determine a win.
What determines the victory is bribing the coach, defender or goalkeeper that can really change the outcome of a match.

Nah, This injury report is crucial if the star player is the one being injured. I think you are only considering a soccer sports which is also true because goalkeeper is totally has the power capable to make his team win or lose but this is different on game like Basketball because a late injury report might cause a huge impact on the game because a lot of team on NBA nowadays revolve their play to their star player that’s way many player recently hit 70+ points which half the score of the team.

Bookmaker also provides odds in advance then later on adjust it based on the current bets placed and other short notice changes such as injury report or if the injured player can play already for the next game.
full member
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January 31, 2024, 01:59:15 AM
#27
Aren't team news, injuries, and other match details usually openly available on the internet and through sports bookies for gamblers to use when placing bets?. Also, do these officials typically place their bets through sports bookies or among themselves?
You're correct that it's available for everyone. The downside is that it's not frequently updated, and it could take time for teams to officially announce significant changes (usually before kickoff) that could swing the tides of the betting markets.

One of the posts above already mentioned that most of the leagues have these rules in place, and here is a list of players who got caught doing sports betting.

That's right, because a team also wants to maintain its team's good name and reputation. So, for example, if there is bad news about a team, of course it will not be shared publicly, let alone on the internet. So only insiders know about it.
That's where gamblers have to be observant in seeing the situation and development of their chosen players.
legendary
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January 30, 2024, 09:53:01 PM
#26
Of course, a person who knows some secret about a player right before the match will have an advantage. And of course this matters not only for football and not only for team sports. And, for example, for tennis. If a player comes to the court injured, then his chances of winning this match are reduced. There are different types of injuries. Of course, only insiders can know about some player injuries, who can use this in bets and thus increase their chances of winning. However, this is only a slight increase in chances and nothing more. No insider guarantees winning. Don't we know of cases in individual sports where an injured player, for example, beat an uninjured one? There are many such cases. Therefore, I believe that insight is a very relative thing. There is hardly any need to rely on it.
copper member
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January 30, 2024, 09:04:30 PM
#25
Quote
In football, insider trading could involve a player, coach, or other official using confidential information, such as team news, injuries, or other details about the match, to place bets on the outcome of the game. This could potentially give them an unfair advantage and compromise the integrity of the game.

Aren't team news, injuries, and other match details usually openly available on the internet and through sports bookies for gamblers to use when placing bets?. Also, do these officials typically place their bets through sports bookies or among themselves?


Did you ever heard about in-match-fixing there is some cases in my country that I don't want to proud of but here is the thing and the document CORRUPTION IN MATCH-FIXING WITHIN SPORTS: THE NEED TO REGULATE FUTURE LEGISLATION - https://scholarhub.ui.ac.id/cgi/viewcontent.cgi?article=1023&context=ilrev

So basically it's possible to bribe A team and B team to make the goal or penalty or everything but this might cost a lot. and "Betting with inside information gives the knowledge holder an unfair advantage because they made a betting decision based on additional information that was not available to the general public." - https://www.armstronglegal.com.au/criminal-law/nsw/offences/summary/bet-with-inside-information/

So its like win win situation for insider and the broker
legendary
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January 30, 2024, 07:11:16 PM
#24
Aren't team news, injuries, and other match details usually openly available on the internet and through sports bookies for gamblers to use when placing bets?. Also, do these officials typically place their bets through sports bookies or among themselves?
You're correct that it's available for everyone. The downside is that it's not frequently updated, and it could take time for teams to officially announce significant changes (usually before kickoff) that could swing the tides of the betting markets.

One of the posts above already mentioned that most of the leagues have these rules in place, and here is a list of players who got caught doing sports betting.

hero member
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January 30, 2024, 05:47:20 PM
#23
If it's just to find out whether a player is injured or not, you don't need an insider because there's a lot of news in newspapers or online portals. and that doesn't determine a win.
What determines the victory is bribing the coach, defender or goalkeeper that can really change the outcome of a match.
hero member
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January 30, 2024, 05:42:58 PM
#22
Like you, at first I also didn't quite understand what you were asking, but after I read some of the comments in your post and I tried to look for further information, my thinking opened up a little about what you were asking.

However, when talking about soccer betting, the practice of soccer betting often involves the role of insiders in being able to manipulate match results or gain unfair advantages, or in other words, by using cheating. and this is better known as match fixing or match fixing. which is an illegal act and violates ethics in sports. And not infrequently some forms of match outcome fixing, this can involve players, coaches, referees or managers and match officials, where they work together to manipulate match results for financial gain. And of course, dirty practices like this, apart from being detrimental to the people who bet on them, can also harm the integrity of the football community and can give rise to public distrust of competitions which are supposed to be conducted fairly and in a sporting manner.
legendary
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January 30, 2024, 02:20:15 PM
#21
Most of the time bookies.

If you look at (e-sport) gambling, you also find some interesting cases. An example like (322) case, where someone bet against their team with odds 3,22. Become a quite famous meme on gamer internet.

The team are getting paid by someone to lose, or at least the team it self make some bet against their team and they make lose themself.
sr. member
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January 30, 2024, 01:47:09 PM
#20
Insider gambling I guess has something to do with intentional motives. But it does have something to do with insider informations from the word itself. Same reason why I thought of motives with this kind of gambling 'coz informations of players and injuries are outside public access or audiences. Another assumption is team plaaaay or strategy; perhaps the star player won't be playing for the whole or majority of the minutes in the game or some sort of. Eitherway, this will be exclusive to some people only and more likely rich ones 'coz if more people will be knowing such thing, legal actions may take place. Due to exclusivity of the idea, it is hard to believe with anonymous people selling such 'signals' and informations whether which is credible or if it would be true. Much better is just to play and bet on the game as is and never participate with such cheating acts. Your chances of winning in this strategy may or may not increase, depending on who your 'source' is. Just scared of the idea that it is some sort of 'reverse psychology' wherein teams or heads are intentionally spreading such exclusive informations for odds to increase then they'll do the opposite on the actual game. Given that confusion arise with regards to the info, I would rather choose simply betting on my own and just enjoy the games  I would be watching.

Jist a tip is to never go all out with a single bet just because such information is leaked. Nothing could tell the outcome except for the result. But you are free to do so, maybe you guys have a very credible source of info. Just manage the amount you are betting just to be safe from regrets. Another and last disclaimer is that, there are instances of "selling out" when it comes to games; depends on how you will comprehend it. BE CAREFUL.
hero member
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January 30, 2024, 01:42:37 PM
#19
Aren't team news, injuries, and other match details usually openly available on the internet and through sports bookies for gamblers to use when placing bets?. Also, do these officials typically place their bets through sports bookies or among themselves?
I think you used the right word there: usually, what means that we don't know every single details about the teams and players. If someone from the team, like players, coach, medical support and so on, use an information the public wasn't aware about in their own favour to place a bet, then it's considered inside gambling. That is an unfair practice, since the gambler is betting aware of an information the rest of the gamblers don't have access in no other ways, so they are in disadvantage.

At least, that is what I understood from the quote you shared above.

Anyway, it's a very sensitive point, because people who work on the backgrounds with the team will always know something else the public doesn't know. It may not be even a lesion issue, but an emotional problem the player is facing with his family or wife and few support members know about it. So of course they can use this information at their own favour when placing a bet, or tell someone to play for them following their guesses. And it would be innocence from our side to think it's not happening in a frequent basis in sports betting.
legendary
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January 30, 2024, 01:28:42 PM
#18
The information that you're referring to becomes available after a certain period of time. Insider information gets you ahead of everyone else, prompting you to place bets right even before the odds swing the other direction. Some coaches, players, or managers take advantage of this to make some quick buck, but it's unethical to do so and they could get penalized pretty heavily by the team that they're working for and that's a huge blow to them personally.
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