Copying Bet From Other Unknown Bettors, Is This a Good Practice?

Japinat

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Quote from: virasisog on November 13, 2022, 09:10:07 AM

It will be a big risk to copy other bettors' bets because it's like we are relying too much on their gambling decisions not unless you've been playing on the same casino for a long time and you know that the bettor that you're following often wins. You can do copying at least once but you can't do it continuously because there's still no guarantee that the gambler that you're copying won't lose. It's better to analyze why he's always winning and apply your own strategy later on. You can't rely on someone else's decision all the time.

Right! It's not really a good practice to copy a bet from an unknown sources or bettors, we're old enough to know why it isn't and it is not highly recommended to bet blindly. There's no difference at all because your bets and theirs are both not guaranteed to pay-off, so, if you're just copying others work and make a bet from it, it's much better to stop and find another suitable game or sport that you know, so that you can make your own analysis and enjoy the thrill waiting for the outcome.

lienfaye

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Quote from: Fivestar4everMVP on November 10, 2022, 08:50:40 AM

So for you, is copying bets online a good practices?

It's not a good practice. What if the owner of the bet that you're copying has no idea on the game and just place his bets blindy? You'll face the same result, lucky for you if it did win but what if not? Sports betting is not entirely based on luck because you can do something to maximize your chance to win and that is by having knowledge on the games that you'll bet on. So why copy the bet of others if you can exert an effort to know the games and gain idea. Maybe there are gamblers who are fine to copy the bet of others but for me I prefer to use my own knowledge about the games that I'll bet on.

traderethereum

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Quote from: Bitinity on November 13, 2022, 03:54:59 AM

Quote from: traderethereum on November 12, 2022, 10:17:20 PM

Copying bets from unknown bettors is a good practice for people who want to gamble but do not know what to choose.
Although this can give risk by selecting an unknown bettor, we can expect to make wins if they win.

Copying bets because we do not know what to choose is stupid imo, it is even better to not gamble at all than risking our money on others especially if the one we try to follow is unknown person or just because we are a fan of him/her. Copying bets is fine if we know who is the one we try to follow, lets say he is a proven and well experienced sports bettor.

If you bet by choosing to copy bets from unknown bettors to get a win and make money, that's stupid, but if it's just for fun, it's not stupid because that person is willing to risk losing his money by placing bets from bettors who unknown.
It all comes back to our goal in betting and what we want to get from betting or copying bets from other bettors.

Quote from: Bitinity on November 13, 2022, 03:54:59 AM

Quote from: traderethereum on November 12, 2022, 10:17:20 PM

It would be good if we had knowledge from the match and then we could check all bettors and copy their bets.

This is the best thing to do, at least we do not do 100% copy without doing anything else. We should analyze the bets ourselves as well, if we think that the bets is good enough after our own analysis then we can go for it or maybe we can change something with the bets.

By analyzing bets and placing bets from bettors with a high success rate of winning, we can be sure we will also win with them.
But often, it is difficult for us to decide to copy bets from other bettors because they have almost the same experience as the others.
They provide a good betting record throughout their career so it takes us some time to pick them up.

SirLancelot

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Quote from: QueenVera on November 13, 2022, 02:52:23 AM

This is actually a nice initiative to me and the truth be told that, there are times or days we wish to stake a bet but really don't know what to bet on and seem stocked, but with a feature like this very one, I think it's a welcome development because you literally don't have to bet blindly as you said but you also have the choice and option to review each games before adding it to your bet.
Just in copy trading, when one has to pay a commission to the original trader if the trade is successful, I don't know if same applies here, where we have to pay a commission to the original bettor if the game is won.
I also want to know if the accuracy rate for a person is calculated and displayed along with previous winnings to atleast give one an edge on who to copy a game from.

If you don't know what to bet on then better if you don't place a bet at all or you better do some research first. Copying bets from someone else is not always the quick fix for this. If you want to bet right away but you are not well prepared then maybe all what you want is to try and test your luck. If that is the case then you should also avoid copying bets as that could kill the excitement that you are feeling.

It's good if we will pay late or pay only once the bet is a win. That is for us to avoid being scammed. Winning rates are likely to be posted as well because that will serve as a guide if who among the bettor has more skill but we should also check out the other bettor because not all times, the leading bettor can win.

electronicash

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there wouldn't be any difference in copy-trade in etoro but the fact that anyone could lose even the high rollers means you could also lose.
but you maybe able to learn from it because these guys wouldn't bet big amount if they are also not well informed about the team they put their money on.

if we can only see the winning rate of the highroller it might just make you breathe easy copying his bet. unfortunately, we can't see it.

virasisog

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Quote from: gantez on November 13, 2022, 08:59:14 AM

Quote from: redsun114 on November 13, 2022, 04:21:21 AM

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Copying bets in gambling can be the same as copy-trade in trading. A lot of traders mostly inexperienced ones are also doing it. It only seem wrong to the eyes of the other because they think those people who are doing it are not trying on their own but they are only depending on someone's ability. Well, what can they do? There will always be people who are like that who are lazy.

The major thing that make people to copy some one bet is in two way. One reason is the person is always winning his stake then you can believe the person know what he is doing and will always win more and not to be losing all the time. The other reason is if you have not been winning your bet. To always lose bring you down and you lose confidence to yourself and when you see someone that is winning you can beg to copy the games and bet. I notice that people who are winning alot also hide theirself from the people wanting to copy the games because they say if more people copy the game may fail Grin

It will be a big risk to copy other bettors' bets because it's like we are relying too much on their gambling decisions not unless you've been playing on the same casino for a long time and you know that the bettor that you're following often wins. You can do copying at least once but you can't do it continuously because there's still no guarantee that the gambler that you're copying won't lose. It's better to analyze why he's always winning and apply your own strategy later on. You can't rely on someone else's decision all the time.

gantez

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Quote from: redsun114 on November 13, 2022, 04:21:21 AM

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Copying bets in gambling can be the same as copy-trade in trading. A lot of traders mostly inexperienced ones are also doing it. It only seem wrong to the eyes of the other because they think those people who are doing it are not trying on their own but they are only depending on someone's ability. Well, what can they do? There will always be people who are like that who are lazy.

The major thing that make people to copy some one bet is in two way. One reason is the person is always winning his stake then you can believe the person know what he is doing and will always win more and not to be losing all the time. The other reason is if you have not been winning your bet. To always lose bring you down and you lose confidence to yourself and when you see someone that is winning you can beg to copy the games and bet. I notice that people who are winning alot also hide theirself from the people wanting to copy the games because they say if more people copy the game may fail Grin

Jemzx00

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Quote from: Jawhead999 on November 13, 2022, 01:27:52 AM

It's similar like you're never trading, but you're want to start trading and just follow the fake signal on telegram. It's dumb idea, how you can bet someone when you aren't familiar with the sport, team or the fighter? if you're already familiar with the sport, you must know and have own prediction which team or fighter will win. I wouldn't feel satisfied if I bet a team or fighter when I think they don't have capabilities to beat their opponent.

It might be stupid but somehow it could help you decide on which team you will be betting on especially since you are allowed to choose which anonymous gambler you can copy the bet on whether they are a high roller or not. For me, I think if you compare it to trading, it is more like copying an anonymous trader, but you can choose if they are a huge trader or not.
Still, it is riskier since you did not analyze the game itself and just blindly based your bet on the decision of other people. I think this works great if you have already made your research however you are torn on which team you're betting on and check out others' bet as a tiebreaker or decision breaker.

redsun114

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Obviously not a good practice because when you say unknown that means you didn't know the person and his play style but it's okay if you already observed some of his play on the past and then you found out that the majority of it a win. That is better than if you know the person well but his bets are mainly losses.

Copying bets in gambling can be the same as copy-trade in trading. A lot of traders mostly inexperienced ones are also doing it. It only seem wrong to the eyes of the other because they think those people who are doing it are not trying on their own but they are only depending on someone's ability. Well, what can they do? There will always be people who are like that who are lazy.

Bitinity

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Quote from: traderethereum on November 12, 2022, 10:17:20 PM

Copying bets from unknown bettors is a good practice for people who want to gamble but do not know what to choose.
Although this can give risk by selecting an unknown bettor, we can expect to make wins if they win.

Copying bets because we do not know what to choose is stupid imo, it is even better to not gamble at all than risking our money on others especially if the one we try to follow is unknown person or just because we are a fan of him/her. Copying bets is fine if we know who is the one we try to follow, lets say he is a proven and well experienced sports bettor.

Quote from: traderethereum on November 12, 2022, 10:17:20 PM

It would be good if we had knowledge from the match and then we could check all bettors and copy their bets.

This is the best thing to do, at least we do not do 100% copy without doing anything else. We should analyze the bets ourselves as well, if we think that the bets is good enough after our own analysis then we can go for it or maybe we can change something with the bets.

EarnOnVictor

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This is a good initiative though it has been existing in the world of financial market trading before now, yet it's good to see it in gambling too. But before anyone is so excited, one should first know if it's transparent because companies these days could do anything to make more money under new schemes. I believe the bettor should be sure that those they want to copy must be accessible before and after each bet.

In other words, their history of betting must be auditable by the people who copy them so that the casino will not be playing pranks. Anything outside this is no-deal for me.

QueenVera

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This is actually a nice initiative to me and the truth be told that, there are times or days we wish to stake a bet but really don't know what to bet on and seem stocked, but with a feature like this very one, I think it's a welcome development because you literally don't have to bet blindly as you said but you also have the choice and option to review each games before adding it to your bet.
Just in copy trading, when one has to pay a commission to the original trader if the trade is successful, I don't know if same applies here, where we have to pay a commission to the original bettor if the game is won.
I also want to know if the accuracy rate for a person is calculated and displayed along with previous winnings to atleast give one an edge on who to copy a game from.

davis196

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There's nothing wrong with copying a sports bet, but you have to be familiar at least a little bit with the match on which you are betting.
I personally haven't copied other people's bets, because it seems riskier than placing my own bets.
Copy trading is a thing in platforms like eToro, no wonder that some gambling platforms have implemented copy betting. I don't believe that copying other gamblers would increase your chances of winning more money. Gambling is supposed to be fun, when you make your own bets.
Relying on someone else's luck (or sports betting knowledge) kinda loses the fun part of gambling.

Jawhead999

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It's similar like you're never trading, but you're want to start trading and just follow the fake signal on telegram. It's dumb idea, how you can bet someone when you aren't familiar with the sport, team or the fighter? if you're already familiar with the sport, you must know and have own prediction which team or fighter will win. I wouldn't feel satisfied if I bet a team or fighter when I think they don't have capabilities to beat their opponent.

Silberman

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Quote from: Reid on November 10, 2022, 09:01:14 AM

It's still better if you know the game first. Not a good practice if you are doing it blindly.
It will still pop out in your bet slip and will have time to review it, that means you know what you pick and who are the possible winners of the game.
It's not different with picking it on your own. It just gets the job faster rather than choosing yourself.
Now, there are instances where gamblers do follow people and their bets, in this example if I am right, it is Drake who is mostly sharing his bets to the public and in social media.

I do not really think it makes too much sense to copy the bets of someone else, it seem to me that some people are trying to do something similar to what we see in trading in which some traders copy the trades of the whales trying to get the same results, but just as this does not work very well in trading the same happens with gambling, so either people learn to gamble just for fun or develop their own system they can employ to try to become profitable, as this does not seem the way they can achieve this.

traderethereum

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Copying bets from unknown bettors is a good practice for people who want to gamble but do not know what to choose.
Although this can give risk by selecting an unknown bettor, we can expect to make wins if they win.
It would be good if we had knowledge from the match and then we could check all bettors and copy their bets.
But you need to be careful to select the bettors because we do not know anything about them and do not use too big money to bet.

Wexnident

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I wouldn't say it's "bad", copying is something done by people all the time really, and in this case, where the platform allows it, the only responsibility left is about the money spent and nothing more. I also wouldn't really call it a case of "coinciding" bets since that's rather different from "copying" itself. If you're comfortable with leaving your money with someone else and letting them spend it then I'd say copying is completely fine (since that's what copy bets really are at its core).

The only case copying a bet would go wrong is if your personal belief refuses (but for some reason still did) to copy a bet, especially in cases where you have knowledge of the game itself and can make your own bet. Though that goes to be pretty subjective imo so it's a case-by-case basis, not really something I (or we) can generalize imo.

xSkylarx

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Quote from: uneng on November 12, 2022, 09:02:19 PM

Quote from: Oceat on November 12, 2022, 06:58:16 PM

Quote from: qwertyup23 on November 12, 2022, 06:19:46 PM

This really depends on your knowledge on the game itself- remember that some bettors have a specific amount for betting.

Are you familiar with the martingale strategy? You might copy the betting system of a person not knowing that he bets double whenever he losses a round and this might interfere with your strategy or fund management. Like what most have mentioned, it is still recommended if you develop your own strategy especially if you are not familiar with a current game.

Didn't expect that but yeah, it might interfere your fund management if you carelessly copying someone's betting style. So, it depends if someone is aware of what they are doing but if not then they might lose or win depending on who they have been copying but most of the time they would still lost.

I won't suggest copying someone's betting style if they aren't familiar with the strategy the other bettors been doing. They might end up losing the same and just like what the majority said, develop your own strategy or watch closely those random bettors you are copying if they are really winning or else you will be copying someone just to lose at the end.

The point is that there will always be people betting on the different possible outcomes for a same match, so after all you still have to be lucky to copy the right predictor among the alternatives around. It's not different from betting by yourself. I think it's an interesting concept that may turn the gambling activity more entertaining for the gambler who wants to have a different experience from the trivial one where he builds his bets as he wish. Sometimes we want to follow our instincts, but on other moments we simply want to follow someone's lead and enjoy the winnings with them, almost like a 'team'.

It is still not a copy bet for me because you did not copy all of the bets; only your bet and the user's bet are the same, but both of your bets will be different in the next round. I understand your point, but in a copy bet, all of the user's bets are copied to you, so it's kind of like you're copying someone else's luck. I would definitely give it a try because it sounds intriguing, and if I could replicate someone's lucky day, Lol.

uneng

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Quote from: Oceat on November 12, 2022, 06:58:16 PM

Quote from: qwertyup23 on November 12, 2022, 06:19:46 PM

This really depends on your knowledge on the game itself- remember that some bettors have a specific amount for betting.

Are you familiar with the martingale strategy? You might copy the betting system of a person not knowing that he bets double whenever he losses a round and this might interfere with your strategy or fund management. Like what most have mentioned, it is still recommended if you develop your own strategy especially if you are not familiar with a current game.

Didn't expect that but yeah, it might interfere your fund management if you carelessly copying someone's betting style. So, it depends if someone is aware of what they are doing but if not then they might lose or win depending on who they have been copying but most of the time they would still lost.

I won't suggest copying someone's betting style if they aren't familiar with the strategy the other bettors been doing. They might end up losing the same and just like what the majority said, develop your own strategy or watch closely those random bettors you are copying if they are really winning or else you will be copying someone just to lose at the end.

The point is that there will always be people betting on the different possible outcomes for a same match, so after all you still have to be lucky to copy the right predictor among the alternatives around. It's not different from betting by yourself. I think it's an interesting concept that may turn the gambling activity more entertaining for the gambler who wants to have a different experience from the trivial one where he builds his bets as he wish. Sometimes we want to follow our instincts, but on other moments we simply want to follow someone's lead and enjoy the winnings with them, almost like a 'team'.

Oceat

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Quote from: qwertyup23 on November 12, 2022, 06:19:46 PM

This really depends on your knowledge on the game itself- remember that some bettors have a specific amount for betting.

Are you familiar with the martingale strategy? You might copy the betting system of a person not knowing that he bets double whenever he losses a round and this might interfere with your strategy or fund management. Like what most have mentioned, it is still recommended if you develop your own strategy especially if you are not familiar with a current game.

Didn't expect that but yeah, it might interfere your fund management if you carelessly copying someone's betting style. So, it depends if someone is aware of what they are doing but if not then they might lose or win depending on who they have been copying but most of the time they would still lost.

I won't suggest copying someone's betting style if they aren't familiar with the strategy the other bettors been doing. They might end up losing the same and just like what the majority said, develop your own strategy or watch closely those random bettors you are copying if they are really winning or else you will be copying someone just to lose at the end.

Topic: Copying Bet From Other Unknown Bettors, Is This a Good Practice? (Read 650 times)