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Topic: Do you rely on the odds when placing bets? - page 24. (Read 12696 times)

legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
December 14, 2020, 05:40:17 PM
#44
Sometimes odds become a diversion for me personally and I don't know if it is felt by others, because high or low odds sometimes make my bet change from the original intention. It's hard for me to be in the minority so when looking at the odds that are so unequal, at least I'm not sure about going against the majority. It is just a personal experience that I have felt until now, because relying on knowledge and other factors still does not guarantee consistency if we don't have high self-confidence, because this can change when looking at the odds.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
December 14, 2020, 05:29:14 PM
#43
~snip~
Hmm, of course, high odds = good return. But the risks are way higher.
Exactly, just like you are risking your money, putting and betting on the underdog team in a match even you know that most of your opponents are in the favor of odds. But I admit it, sometimes I'm in favor and rely on odds upon choosing a team before I will place my bets. I guess 70-0% will work this strategy but not at all times.

It is always good if you have always analyzed and studied before you place your bet and after you will consider the higher odds.
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
December 14, 2020, 05:16:56 PM
#42
When placing bets on sports betting I do not rely entirely on odds, because for me the most important thing is to follow
the information on the players or teams that will play. This is very influential on the results of the match, but that doesn't
mean the odds don't matter. But sometimes I dare to bet on the favorite team even though the chance of winning is small.
Because basically all gambling lucky plays an important role.
That's the correct way, the odds are just a numbers, there's more to it that we should look at and analyze deeply, sometimes the odds are the demon that will make us bet easily especially if a good team is given a good odds that we aren't expecting. I have a lot of experience in betting where I do fall for a big trap, because of the good odds of my favorite team, I did not study anymore and just bet blindly as I was too confident, then the result is the entire opposite so I conclude that a trap really exist on odds, so be careful.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
December 14, 2020, 05:14:43 PM
#41
Most of the time, yes.

I'm not into taking low odds, it's riskier to me and I can't consider it as a safe bet.

Mostly, should always be playing at 1.8 as a minimum. I also consider taking high odds but with considerations.

I love it when the odds are high becasue this always give huge rewards from the bet.

Hmm, of course, high odds = good return. But the risks are way higher.


Same as yours where i dont take bets that would go lower beyond 1.6 and it will vary or some exemption when i do see a particular game and im sure that
the said team or player will have the big chance ill be taking as much on 1.5.

Of course, those high odds is always been an attractive thing in sight but doesnt mean that underdogs can always win but there are indeed chances
and this is where analysis and decision making will be clashed out.

Most of the time, gamblers do really rely on odds basing into their strategy where lower ones will be most like to win but this isnt
always a precise thing for us to follow.
sr. member
Activity: 1666
Merit: 268
December 14, 2020, 04:54:40 PM
#40
When placing bets on sports betting I do not rely entirely on odds, because for me the most important thing is to follow
the information on the players or teams that will play. This is very influential on the results of the match, but that doesn't
mean the odds don't matter. But sometimes I dare to bet on the favorite team even though the chance of winning is small.
Because basically all gambling lucky plays an important role.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
December 14, 2020, 04:47:01 PM
#39
Most of the time, yes.

I'm not into taking low odds, it's riskier to me and I can't consider it as a safe bet.

Mostly, should always be playing at 1.8 as a minimum. I also consider taking high odds but with considerations.

I love it when the odds are high becasue this always give huge rewards from the bet.

Hmm, of course, high odds = good return. But the risks are way higher.

legendary
Activity: 2772
Merit: 1028
Duelbits.com
December 14, 2020, 04:07:20 PM
#38
The odds sometimes are a pointer to the outcome of a match especially when one of the team is very strong than the other. Personally I base my predictions on past records, current forms and then teams news to make my prediction. Whatever the odd is, I go for whatever I analyse to be the outcome.
Coincidence is the all mentioned factors are the points affect the odds. The higher the odds the less chance the team will win the match, the past records, and all predictions have been priced in the odds. I prefer to place the bet 15 min before the match due to the possible odds fluctuations. Choosing the best odd is possible by checking the Oddsportal or similar websites for analyzing what happens background of bookies on a specific match.
full member
Activity: 896
Merit: 115
December 14, 2020, 12:29:04 PM
#37
The odds sometimes are a pointer to the outcome of a match especially when one of the team is very strong than the other. Personally I base my predictions on past records, current forms and then teams news to make my prediction. Whatever the odd is, I go for whatever I analyse to be the outcome.
legendary
Activity: 3248
Merit: 1402
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December 14, 2020, 11:11:43 AM
#36
Odds matter a lot to me irrespective of which team is playing in any sport around the world. I place a lot of single and accumulator bets now and then and I usually check the odds through odds comparison sites carefully.

This helps finding the best value now and then. 1.01 odds might indicate a 99% winning percentage to many, but only few gamblers can differentiate whether there is value involved in such odds or not.
Checking the odds offered by different websites makes sense, but in your case it seems that you make the decision first and then just look which place would give more profit if that bet checks out, whereas I'm asking whether the odds affect the decision of whom to bet on.
Oddsmakers have locker room, behind the scenes, information sources. They know when players, athletes, teams are having drama. Not getting along. Fighting with their girlfriend/spouse. Having issues that will affect their performance.
They still can't be sure about the future, and if we accept that they actually have a better understanding who is going to win, won't they bet on the winner as well and make the odds low for the potential winner?
When it comes to sports betting, I usually make a small research before choosing which team to bet on. I usually check the last teams results (especially h2h), read latest news and experts predictions, compare the odds from different bookies...
But most of the times, I end up with a result very close to what the bookie offers.

btw, I read your last topic and it was very interesting. Learned a lot from it.
Your approach sounds reasonable and similar to what I do.
Thanks for feedback on the previous topic! It's nice to hear that Wink
hero member
Activity: 3010
Merit: 666
December 14, 2020, 09:53:41 AM
#35
IMO, knowledge on a certain match is more important, there's a lot of good odds out there but you don't know the team who are playing, so you have no knowledge and you are just gambling using your luck, that is not good.

Regardless of the odds, the most important is you know the game and who are playing so you can analyze the game and give your best analysis before placing your bet, that way you are confident with your pick.

Sports betting is not a random kind of game where we won if we are lucky, it requires knowledge here to win, so we should give what its needed.
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
December 14, 2020, 08:56:03 AM
#34
Odds is not something to rely on, if you'll do that, it will make you bankrupt easily.
The market or the betting odds that we are saying are just probabilities according to what people think set by bookmakers, but it could be real or trap, so make sure we understand that so we will not fall for the trap, bookmakers are smart enough, it's their job to mislead people so bookies will win most of the time.
full member
Activity: 2576
Merit: 205
December 14, 2020, 01:35:02 AM
#33

Odds certainly leads us to bigger risk when we don't take precautions, but still continue to bet without even thinking of huge money involved.

Higher odds, was a sort of promotions and won't actually coincide with reality of the betting outcomes.
its not the odds but its your bet size defines your risk if itl be big or small because on any odds big or small losses can occur but if your bet amounts are only small you only loose small but since you can still loose in any odds why not maximize the potential of your small bet amount onto the bigger odds for a much better profit .
but also Odds does not Promise a sure win so we can still maximize our bets outside the given odds if what comes to our own analyzation and researches.
Experts gives odds but they are not perfect and the game as well may go on opposite side towards the result.
high odds arent a promotion but to me promotion is different and promotion is more realistic to achieve than betting in higher odds .
Well Promotion is simply for advertisements and popularization while Odds must be the outcome of the game in which means predicting in some sort,though the statistics is the bass yet won't assure the result till happens.
full member
Activity: 1750
Merit: 118
December 14, 2020, 01:21:45 AM
#32

Odds certainly leads us to bigger risk when we don't take precautions, but still continue to bet without even thinking of huge money involved.

Higher odds, was a sort of promotions and won't actually coincide with reality of the betting outcomes.
its not the odds but its your bet size defines your risk if itl be big or small because on any odds big or small losses can occur but if your bet amounts are only small you only loose small but since you can still loose in any odds why not maximize the potential of your small bet amount onto the bigger odds for a much better profit .

high odds arent a promotion but to me promotion is different and promotion is more realistic to achieve than betting in higher odds .
sr. member
Activity: 1330
Merit: 326
December 14, 2020, 01:16:05 AM
#31
Im going to be honest. Yes. Most of the time I am relying with  those odds. But that always took as a bait with my bets, too. Because lower odds that i've chosen usually lose and it is best to know the team's capacity and previous match performance than relying on the odds itself.
 
 Been doing some parlays by myself and I prefer choosing lower odds and I tell you, it wasn't a good idea because odds may not be an indication that the team will gonna win. Part of the gambling that you'll be lucky to choose a good team with a higher odds.
sr. member
Activity: 1484
Merit: 277
December 14, 2020, 12:58:11 AM
#30

Yes, odds is always considered before placing bets. After all, I want the best odds I can get for every bet.

But honestly, there is a time I disregard odds when betting with my favorite;

- I sometimes take the risk of choosing high odds. But of course, not truly a suicidal bet as the usual way of doing my own analysis is still take place.
- I also sometimes risk for low odds (between @1.4-1.5) with high stake
Odds certainly leads us to bigger risk when we don't take precautions, but still continue to bet without even thinking of huge money involved. Higher odds, was a sort of promotions and won't actually coincide with reality of the betting outcomes. Lucky days would generate good winning profit, but if you're not then accept the fact of losing in the middle of risking your biggest investment.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
December 14, 2020, 12:34:37 AM
#29
My priority for placing bets goes like this knowledge, experience and lastly the odds. Half of the time I rely on odds when i'm not familiar with certain match ups and have less information on why it's close/far than it should be. Sometimes I follow my gut when I switch to other sports that could always go either way no matter what information you have like the mma for example.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
December 14, 2020, 12:19:50 AM
#28
What do you follow when you are betting on sports: is it the odds or your knowledge and experience? Or maybe you're one of those people who bet on the favorite team or perhaps follows a gut? Do odds even matter to you? If yes, how important are they for your final decision?

It depends on the game I'm betting. If the game is at main event, I don't just base on the odds, I also rely on their previous matches to see if the lower odd team has a really higher chance to win. If it's just a casual game my bet always go to the team with lower odds. Sometimes I bet on higher odd if it's my favorite team.

If you have good knowledge about the  team or players risking for small odds with high amount of bets really doable, depends from how you trust those people behind the bet, it influenced the most whenver you have good glimpse from those games.

In betting, i do not think there is any peculiar reason to rely on the odds because it makes little or no changes to the results of the game, it only improves the better potential winning as a whole. Also, to some extents, odds can be misleading if as a better you follow odds as a criteria to choosing games to stake or bet.

Also, odds are used by gamers to lure in gamblers, just like Madrid 3 odd + to win at home in the derby against atletico

Shit still there, whether odds really tempting and seems to be more sucure the actual results can go the different way and lead you to
lose your money.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
December 14, 2020, 12:08:30 AM
#27
I've recently created a discussion about the odds of various outcomes and the gaps between the likely winner and other options, but some replies raised another questions that I believe is worthy of being discussed. When placing bets on sports, I rely heavily on the odds, especially if someone has a very high probability of winning, like here:

But of course when the odds are close to one another (2.5, 3.1 and similar), I try to rely on the history of matches between the teams and recent wins/losses of the teams.
What do you follow when you are betting on sports: is it the odds or your knowledge and experience? Or maybe you're one of those people who bet on the favorite team or perhaps follows a gut? Do odds even matter to you? If yes, how important are they for your final decision?

Odds are an indication of the chances but every depends on you if you know the sports that you are betting your decision is all that matters, odds are good for comparison, not all odds are perfect it's like a speculation in the market, so always do due diligence first, it's your money anyway.

So it is better to place small money when we don't have much data on each team. It will be safe for us to lose money because we don't lose too much money if the situation changes. Sometimes we will see each team will have the same odds, but when the conditions change and we don't follow the news, we can make a wrong decision.
full member
Activity: 1246
Merit: 116
December 13, 2020, 11:31:07 PM
#26
In betting, i do not think there is any peculiar reason to rely on the odds because it makes little or no changes to the results of the game, it only improves the better potential winning as a whole. Also, to some extents, odds can be misleading if as a better you follow odds as a criteria to choosing games to stake or bet.

Also, odds are used by gamers to lure in gamblers, just like Madrid 3 odd + to win at home in the derby against atletico
member
Activity: 952
Merit: 27
December 13, 2020, 09:55:07 PM
#25
I've recently created a discussion about the odds of various outcomes and the gaps between the likely winner and other options, but some replies raised another questions that I believe is worthy of being discussed. When placing bets on sports, I rely heavily on the odds, especially if someone has a very high probability of winning, like here:

But of course when the odds are close to one another (2.5, 3.1 and similar), I try to rely on the history of matches between the teams and recent wins/losses of the teams.
What do you follow when you are betting on sports: is it the odds or your knowledge and experience? Or maybe you're one of those people who bet on the favorite team or perhaps follows a gut? Do odds even matter to you? If yes, how important are they for your final decision?

Odds are an indication of the chances but every depends on you if you know the sports that you are betting your decision is all that matters, odds are good for comparison, not all odds are perfect it's like a speculation in the market, so always do due diligence first, it's your money anyway.
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